Analyst Says To Expect Dogecoin Price At $5 This Cycle

The third breakout, however, was the most iconic. Following months of sideways movement within a tightening symmetrical triangle, DOGE exploded upwards and peaked at $0.7316 in May 2021. That rally was on the back of social media hype and a FOMO that transformed Dogecoin from a meme cryptocurrency into one of the largest cryptocurrencies by market cap.

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