Dogecoin

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<p>Trader Tardigrade, a seasoned crypto analyst, has identified a compelling historical trend with Dogecoin (DOGE): the cryptocurrency tends to experience significant price surges after breaking above its previous highest monthly closing price. Here are the key observations:</p>
<h2 class="wp-block-heading" id="historical-price-surges">Historical Price Surges</h2>
<p>2017 Surge: After surpassing its highest monthly close, <a href="https://coinmarketcap.com/currencies/dogecoin/" target="_blank" rel="noopener noreferrer nofollow">DOGE price </a>gained approximately 1000% over the subsequent 8 months.</p>
<p>2021 Rally: An even more dramatic increase occurred when DOGE spiked by an astonishing 8000% in just 4 months following a similar breakout above its previous high.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ethereum-pumps-by-39-in-7-days-bulls-are-in-full-sprint-mode/" target="_blank" rel="noopener noreferrer nofollow">Ethereum Pumps By 39% In 7 Days! – Bulls Are In Full Sprint Mode</a></em></strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="753" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-1024x753.png" alt="" class="wp-image-581892" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-1024x753.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-300x221.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-767x564.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-1536x1130.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-2048x1506.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-204x150.png 204w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-100x74.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-476x350.png 476w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419-788x579.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-419.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="current-situation">Current Situation</h2>
<p>As of the latest analysis, DOGE has once again exceeded its previous highest monthly closing price. This event has ignited speculation regarding a potential repeat of past performance, with two hypothetical scenarios presented:</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/worldcoin-wld-price-could-hit-4-soon-analyst-says-its-a-good-looking-chart/" target="_blank" rel="noopener noreferrer nofollow">Worldcoin (WLD) Price Could Hit $4 Soon – Analyst Says It’s a ‘Good Looking Chart!’</a></em></strong></p>
<p>Scenario 1: A 1000% increase over the next 8 months, echoing the 2017 trend.<br>Scenario 2: An 8000% increase within the next 4 months, reminiscent of the 2021 rally.</p>
<p><a href="https://x.com/TATrader_Alan/status/1856310237080502717" target="_blank" rel="noopener noreferrer nofollow">The analyst’s insights</a> suggest that if historical patterns are reliable indicators, DOGE could be on the brink of a substantial price surge.</p>
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<p>The post <a href="https://captainaltcoin.com/price-metrics-that-spiked-dogecoin-doge-by-80x-in-4-months-reemerge-will-history-repeat/" rel="noopener noreferrer nofollow">Price Metrics That Spiked Dogecoin (DOGE) by 80x in 4 Months Reemerge: Will History Repeat?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Price Metrics That Spiked Dogecoin (DOGE) by 80x in 4 Months Reemerge: Will History Repeat?

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