Dogecoin just exploded past $0.40 – getting everyone talking about crypto’s OG meme coin again.
But one analyst thinks this could just be the beginning, predicting a potential major surge from here.
Meanwhile, the new meme coin Pepe Unchained continues to hit huge presale milestones, with early backers speculating it could follow in DOGE’s footsteps.
DOGE Price Explodes as Expert Calls for $3.60 Target
Dogecoin has been on fire this week so far.
Its price soared to $0.439 earlier today, a high we haven’t seen since the bull run of mid-2021.
DOGE has settled down a bit to $0.368, but its latest moves have sent Crypto Twitter into a meltdown.
However, some experts think we haven’t seen anything yet.
Crypto analyst Anbessa, who has over 319,000 followers on Twitter, just dropped a wild prediction – DOGE isn’t just going to $1; it’s going way higher.
He believes the coin could be looking at a 10x gain, pushing it above $3.60.
That would give DOGE a market cap of over $540 billion – bigger than Ethereum is right now.
It’s a bold call, but DOGE has a way of proving the doubters wrong.
Plus, with Trump soon to be in office and the links to Elon Musk flaring up again, the stars might be aligning for the coin to go on another run.
Bullish Market Environment Sets Stage for DOGE to Keep Rallying
Dogecoin’s rally hasn’t come out of nowhere.
The entire crypto market is surging right now, with the Fed’s rate cut in September looking like the first domino in a wider upswing.
That cut sent investors scrambling back into riskier assets, helping the total crypto market cap exceed $2.8 trillion.
Bitcoin is leading the way, hitting an all-time high of $89.956 earlier today before pulling back slightly.
Alongside BTC, the S&P 500 continues to break records.
With all this bullish action, the conditions are perfect for meme coins to benefit.
However, there’s something different about DOGE this time.
Since DOGE now has an established market presence, its rally in the past few days has been even more impressive.
Gains like these are usually only seen in low-cap coins, where volatility can rocket.
But for a major crypto like DOGE to post such explosive growth signals a level of investor interest that hasn’t been seen before.
It’s likely to be an exciting period ahead for Dogecoin holders.
Is Pepe Unchained the Next Dogecoin? Layer-2 Meme Coin Raises Over $27M as Analysts Predict Huge Gains
While DOGE is rallying, some investors are already eyeing Pepe Unchained as a coin that could match (or beat) its gains.
Pepe Unchained has quietly become one of the biggest meme coin launches of 2024, raising $27.3 million in its presale.
And PEPU tokens are still available for just $0.01259 each.
That’s practically nothing compared to Dogecoin’s price.
Pepe Unchained L2 Sneak Peek!
What we’re building is not just a new chain, but an entire ecosystem.
Pepe Unchained L2
Block Explorer
DEX
Bridge
Advanced Analytics
Builder GrantsPepe Unchained is coming. And it’s going to shake up the crypto space. pic.twitter.com/ZVnvgO6MGF
— Pepe Unchained (@pepe_unchained) September 26, 2024
Plus, with a projected market cap at launch that’s a fraction of DOGE’s, there’s a ton of room for growth.
In addition, Pepe Unchained is structured differently than typical meme coins.
The team is building a dedicated Layer-2 network just for joke tokens.
Alongside this network, they’re launching a staking app with 90% APYs and giving out developer grants to boost the entire ecosystem.
I have told you numerous times that I love @pepe_unchained! I think it is the best #memecoin presale – ever!
PEPE UNCHAINED – Presale https://t.co/XQct9pN7F6 pic.twitter.com/UVNLk2btdn
— Austin Hilton (@austinahilton) November 11, 2024
Unsurprisingly, some big names are starting to take notice.
Crypto influencer Austin Hilton, known for his hidden gem picks, recently said it could be one of the best meme coin presales ever.
So, while DOGE is the leader in the meme coin market right now, Pepe Unchained might be the future.
It’s got viral appeal while also boasting real utility.
For anyone who missed out on DOGE’s pump, Pepe Unchained might just be the second chance they’ve been waiting for.
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