Speculation about Dogecoin’s anticipated rally to reclaim its current all-time high has increased within the community as other leading crypto assets like Bitcoin, XRP, and Solana form a new peak. Even though DOGE is about halfway from revisiting its peak, crypto analysts remain confident in its future price performance.

A Remarkable Bull Run Ahead For Dogecoin

Dogecoin’s bull run appears to be far from over as market expert and investor Dima James Potts predicts a remarkable cycle for the dog-themed meme coin. The analyst believes that Dogecoin’s current bull cycle is exhibiting strength that may outperform its previous market performances.

This prediction is based on historical data and emerging market trends that indicate that DOGE could record unprecedented gains in the ongoing cycle. Specifically, past data shows that each cycle for Dogecoin has performed better than the last, igniting the expert’s robust confidence in this cycle.

Furthermore, Dima James Potts’ forecast hinges on DOGE’s remarkable growth after the past inauguration date, suggesting a similar influence as Donald Trump prepares to assume the US Presidential seat. These events have historically served as a catalyst for Dogecoin, triggering optimism within the community.

During the 2017 bull cycle, the expert claims that DOGE’s value soared by 30X following the inauguration date, reflecting its stark impact on the meme coin. Also, in the second bull cycle in 2021, the asset saw a whopping 80X increase over the next few weeks after the inauguration date.

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Author: Godspower Owie

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