波茨指出了之前的价格飙升：Source: WeChat Official Account: Guanguan Talks about Coins.
Dogecoin (DOGE) was one of the first cryptocurrencies to experience a significant price surge at the end of last year, reaching a peak of nearly $0.48 in November. Since then, the meme coin has been largely consolidating and has recently seen a significant pullback. However, according to Analyst Dima James Potts, there is still substantial potential: he even predicts a price of $10 for each DOGE.
Market Cyclicality
In a recent article about X, Potts explained that the cryptocurrency market is cyclical. Bitcoin (BTC) and other major digital Assets typically reach higher highs in the fourth year of a bull market. Potts expects Dogecoin to follow this pattern. In his base case, DOGE will reach at least $10, while his more ambitious estimate is $80 per token.
Potts pointed out the previous price surges:
2016: +72%
2020: +115%
2024: +282% (forecast)
Based on this trend, it is believed that Dogecoin may reach the $10 mark between February 11 and May 7, 2025. This represents a growth of 3,025%, setting a new historical high. Is this price target realistic? That is the second question. In any case, many Analysts seem to agree that DOGE can offer more.
DOGE and Elon Musk.
Meanwhile, DOGE investors are cheering for the establishment of the "Department of Government Efficiency" (DOGE). This initiative was launched by the well-known Dogecoin supporter Elon Musk, and it is no coincidence that its name matches the popular meme coin.
Although the feasibility of the $10 Target Price in the short term is still up for debate, many Analysts agree that Dogecoin still has significant growth potential.
