Dogecoin

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DonAlt, a pseudonymous cryptocurrency trader with more than half a million followers on the X social media network, has predicted that Dogecoin (DOGE) can potentially <a href="https://x.com/CryptoDonAlt/status/1847310659614069119">"run" all the way to the $1 mark</a> as long as the broader cryptocurrency market remains in bullish mode.
The O.G. meme cryptocurrency, which first appeared all the way back in 2013, has managed to retain a spot in the top 10.&nbsp;
At press time, DOGE is valued at a whopping $20.3 billion. This, for comparison, makes it more valuable than Nippon Steel, the largest Japanese steelmaker, and Suzuki Motors, one of Japan's biggest car companies.&nbsp;
The leading meme cryptocurrency is up by nearly 15% over the past 24 hours, substantially outperforming other top 10 altcoins. It is currently trading at $0.13 on the Binance exchange after adding an impressive 25% in the span of just one week.&nbsp;
Despite its impressive performance, the meme coin king is still down a staggering 81% from its lifetime peak of $0.73 which was logged all the way back in May 2021. Back then, DOGE briefly became the fourth-biggest cryptocurrency by market cap.&nbsp;&nbsp;&nbsp;
Still, according to data provided by cryptocurrency analytics platform IntoTheBlock, only 12% of Dogecoin holders are underwater.&nbsp;
Now, DonAlt believes that Dogecoin is ready to start barking at the Moon again, and the pipe dream of reaching $1 might become reality during this cycle.&nbsp;
The fact that the general public is familiar with Dogecoin remains the main advantage of this cryptocurrency compared to some rival projects, according to the trader.&nbsp;
"If you truly want to put this cycle into high gear while attracting normies, you gotta pump something high-profile they've heard of before. Memes have been meta and DOGE is the crypto meme people know," he tweeted earlier this week.&nbsp; <a href="https://u.today/dogecoin-doge-can-run-to-1-top-trader-predicts">Read original article on U.Today</a>

Dogecoin (DOGE) Can "Run" to $1, Top Trader Predicts

U_Today

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