In Cycle 1, DOGE went from a 0 Fibonacci level in the 2015 bear market low to a peak above the 1.618 Fibonacci level in 2018. This translated to a move from $0.00009 to $0.00748, representing an increase of more than 8,200% from its cycle low.
As illustrated in the accompanying chart, the Fibonacci projection for the current Dogecoin cycle begins at the 2022 bear market low of $0.06036. This price point forms the zero baseline for what is now being tracked as Cycle 3.