Dogecoin

Arthur

Elon Musk

<p> Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. </p> 
<p class="is-style-lead">Dogecoin eyes $1 as Arthur Hayes, Ali Martinez, and Elon Musk drive crypto momentum, while Cutoshi’s $1m presale signals altcoin boom.</p> 
<div class="wp-block-rank-math-toc-block" id="rank-math-toc">
 <p>Table of Contents</p>
 <nav>
  <ul>
   <li><a href="#ali-martinez-predicts-breakout-as-doge-eyes-1-target">Ali Martinez predicts breakout as DOGE eyes $1 target</a></li>
   <li><a href="#early-black-friday-deals-for-altcoin-investors">Early black Friday deals for altcoin investors</a></li>
  </ul>
 </nav>
</div> 
<p>As Elon Musk brings DOGE to new heights, Bitmex Founder Arthur Hayes predicts that Dogecoin could go to $1 by the year end and BTC to reach $250k by the end of 2025. A new utility-based altcoin, <a href="https://cutoshi.com/" target="_blank">Cutoshi</a>, in the third stage of the presale, has raised over $1 million in funding and is poised to launch in the middle of a bull run.</p> 
<h2 class="wp-block-heading" id="ali-martinez-predicts-breakout-as-doge-eyes-1-target">Ali Martinez predicts breakout as DOGE eyes $1 target</h2> 
<p>If you’ve been in crypto for a while, you’ll know that the market is heating up when mainstream news outlets like <a href="https://www.aljazeera.com/economy/2024/11/25/what-do-elon-musk-and-vivek-ramaswamy-plan-to-do-with-doge" target="_blank">Al Jazeera are reporting on DOGE</a>. However, the article concerns the supposed government agency that Musk will allegedly be heading, named ‘Department of Government Efficiency (DOGE).</p> 
<p>Either way, this news is making Musk relevant to crypto, especially Dogecoin. Musk is famous for moving the price of DOGE via tweets, including pictures of his dog, to temporarily replacing the (now former) Twitter logo with the DOGE logo.&nbsp;</p> 
<p>Traders stopped caring at some point, but upon the rumors of the new department, the coin has shot up.</p> 
<p>While <a href="https://crypto.news/price/dogecoin/" target="_blank">DOGE</a> is currently trading at $0.37, down by about 48% from its all-time high, Musk’s tweets added to the optimism of the continuing bull run and could well bring retail and institutional investors into crypto, making Hayes’ price prediction a pretty likely possibility.</p> 
<p>Famous trader and analyst Ali Martinez recently predicted that if DOGE can hold the current level of $0.37, he expects a breakout to $0.82.</p> 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="690" height="800" src="https://crypto.news/app/uploads/2024/11/Picture10_cutoshi.png" alt="DOGE on track to reach $1 by end of year, traders also eye this new altcoin - 15" class="wp-image-14314338">
</figure> 
<h2 class="wp-block-heading" id="early-black-friday-deals-for-altcoin-investors">Early black Friday deals for altcoin investors</h2> 
<p><a href="https://x.com/ali_charts" target="_blank">Ali Martinez</a> has been posting a lot today, telling traders that Black Friday has come early and that this could be a good entry point for altcoins, given the market retracement over the last 24 hours.</p> 
<p>That’s partly because even if BTC reaches Hayes’ prediction of $250,000k, that’s still just a 170% profit. For TradFi that’s an amazing return, but for crypto, it is just a fraction of what smaller-cap coins can achieve.&nbsp;</p> 
<p>A new coin that blends memes and DeFi is already up 72% in its presale. This comes after having hit a $1 million milestone in fundraising. The coin, which is the native token of the upcoming Cutoshi ecosystem, will continue to rise throughout the 10-stage presale. The coin is currently in stage 3, with over 82% sold out.</p> 
<p>At this point, if investors feel bullish about the memeFi project, the coin could easily do thousands of percent in gains, just like memeFi coins like Shiba Inu have done, or DeFi coins like Chainlink.</p> 
<p>Like Dogecoin, Cutoshi leans on the power of memes to attract people. But unlike Dogecoin, a feature-rich ecosystem lies beneath, meaning that the coin is powered by more than Musk’s latest whims. A dex with low fees and interoperability, plus a learning academy to help people transition to the wider concept of DeFi are just two of the features attracting a lot of attention from investors.</p> 
<p>Speaking of Musk, (who recently teased a potential crypto integration feature on X), it seems the community support is behind Cutoshi, as CUTO keeps trending on X and the project keeps raising more money.</p> 
<p>To learn more about Cutoshi, visit <a href="https://cutoshi.com/" target="_blank">the website.</a></p> 
<p>Join and become a community member on&nbsp;<a href="https://twitter.com/CutoshiToken" target="_blank">Twitter</a> and <a href="https://t.me/cutoshi" target="_blank">Telegram.</a></p> 
<p> Read more: <a rel="" href="https://crypto.news/doge-in-huge-demand-cutoshi-trends-globally-as-popcat-meets-resistance/"> DOGE in huge demand, Cutoshi trends globally as Popcat meets resistance </a> </p> 
<p> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p>

DOGE on track to reach $1 by end of year, traders also eye this new altcoin

Table of Contents

crypto.news

Other articles published on Nov 27, 2024

Stellar Founder Disagrees with Similarities with Ripple

XRP’s Next Move: Why $2 Is Looking More Likely Than Ever

Analyst Now Believes Shiba Inu Is Poised For Another Surge

Babylon Labs teams up with SatLayer to unlock DeFi for Bitcoin

XRP Price Prediction: As Ripple CEO Brad Garlinghouse Announces Another $25M For Fairshake, This ...

Veelive: The Next Big Thing in the Metaverse Revolution

Join our free newsletter for daily crypto updates!