Generally known as the oldest and hottest meme coin in the marketplace, Dogecoin has had some huge value swings prior to now few years. It reached an all-time excessive of $0.73 in 2021 however misplaced most of its worth, dropping to beneath $0.05, the place it stayed for over two years. Nonetheless, the current positive factors pushed DOGE tokens to $0.18, leading to a significant bullish part and over 130% positive factors prior to now week.

Can Dogecoin hit $10 in the course of the upcoming crypto market bull run in 2024 and 2025? Let’s have a look at the state of affairs carefully and evaluate DOGE’s potential with upcoming memes similar to Scotty AI, Smog Token, and Sponge V2.

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Optimistic Analysts Say $10 Dogecoin Is a Chance

Regardless of displaying bearish alerts only a few days in the past, Dogecoin has turned issues round, exploding by over 136% within the first week of March 2024. DOGE tokens are in a major uptrend due to an enormous enhance in each day commerce volumes and the general variety of buyers. The platform has reentered the highest 10 cryptocurrencies in the marketplace, taking ninth place, with a market cap of just under $27 billion.

A state of affairs like this has occurred two instances, a couple of month earlier than Bitcoin halving occasions. After huge positive factors following halving occasions, DOGE tokens would slowly lose worth over the subsequent 4 years. Nonetheless, as the subsequent halving occasion attracts nearer, DOGE will get important assist, leading to new all-time highs in only a few weeks.

The present sample is harking back to what occurred in 2020, when DOGE broke out from a descending triangle and entered a part of consolidation, adopted by huge 28,770% positive factors inside a couple of weeks. It’s once more mirroring the sample, breaking out of the descending triangle, and getting into a consolidation part. If historical past repeats itself, DOGE might explode, reaching costs as much as $10. That mentioned, it’s nonetheless too early to make such a prediction, and a value level of $10 continues to be too far to achieve.

Realistically, Dogecoin might proceed rising, reaching new all-time highs, however $10 is just too far even for the world’s highest-ranked meme coin. So, to reply whether or not Dogecoin will turn out to be the subsequent Bitcoin when it comes to positive factors, that end result is inconceivable, however contemplating its crypto markets, something is feasible.

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Different Memes With Huge Progress Potential

Whereas Dogecoin is gearing up for spectacular positive factors within the upcoming interval, it’s not the one meme that may enable you get excessive ROI in your investments. Rising platforms similar to Scotty AI, Smog Token, and Sponge V2 are among the many memes anticipated to blow up in the course of the subsequent bull run.

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1. Scotty AI – Excessive Utility Meme Coin Centered on Blockchain Safety and Fraud Safety

Scotty AI is a newly rising meme coin platform providing extra utility and options than conventional memes. It goals to revolutionize blockchain safety by offering customers entry to varied AI-powered instruments, permitting them to construct trendy blockchain safety options to stop scams, fraud, and cyber assaults.

The platform provides customers entry to varied instruments, permitting them to collaborate on new safety options utilizing superior AI to acknowledge and stop potential threats. Customers can construct distinctive AI-powered options and promote them within the built-in retailer to earn native $SCOTTY tokens.

The platform entered presale just lately, elevating over $2.5 million in only a few weeks. If you happen to put money into $SCOTTY tokens in the course of the occasion, you possibly can stake them for 69% rewards earlier than the primary listings. Nonetheless, as soon as Scotty AI goes reside and turns into obtainable on main listings, the $SCOTTY token will doubtless lead to 10x positive factors or larger all through 2024.

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2. Smog Token – Latest Solana Meme With Huge Airdrop Rewards

Smog Token has taken the world by storm since its launch on the Jupiter trade a couple of weeks in the past. The latest Solana-based meme coin follows the trail paved by different SOL memes similar to BONK, WIF, and MYRO. The platform appears to be like like a easy meme coin with low utility, however it gives a singular reward system that guarantees to deliver the Biggest Solana airdrop of all time.

Specifically, Smog is primarily a staking platform that permits customers to stake native $SMOG tokens to earn airdrop factors over time. It launched as a Solana-based meme coin however quickly upgraded to Ethereum utilizing Portalbridge, permitting it to get extra publicity and attain extra merchants. Every week after going reside, it has over 11,000 token holders and 25,000 trades accomplished.

The airdrop may have two levels, throughout which 35% of the 1.four billion token provide can be given to token holders. The primary part will reward 10,000 token holders with probably the most factors, whereas the second part will reward as many as 100,000 holders. $SMOG tokens gained over 160% prior to now week, reaching a value of $0.13 and a market cap of over $100 million.

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3. Sponge V2 – Upgraded Model of One in every of The Highest-Gaining Memes of 2023

$SPONGE tokens had been among the many highest-gaining memes of 2023; nonetheless, attributable to an absence of token utilization, the platform misplaced most of its worth months after going reside. Nonetheless, the builders behind the venture determined to improve the present platform, saying Sponge V2, constructed round a P2E Mario-Kart-like racing sport.

The brand new model will go reside and not using a presale occasion. As an alternative, buyers can acquire new tokens by shopping for and staking authentic $SPONGE cash. Over $16.four million price of $SPONGE has been staked already, and V2 is displaying a value enhance of over 6344% in comparison with the V1 launch. If you happen to stake $SPONGE tokens and join your pockets to the platform, you’re going to get 182% rewards earlier than the primary itemizing. Every thing factors to 100x positive factors for all early buyers, so don’t miss your likelihood to hitch the Sponge neighborhood to earn a number of the highest rewards anticipated within the meme coin markets this 12 months.

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Ultimate Phrases

Whereas DOGE tokens are in a bullish part, the possibilities of them reaching $10 in the course of the upcoming bull run are slim to none. That mentioned, they’re anticipated to maintain gaining worth within the subsequent few months, however the returns gained’t be almost as spectacular because the potential proven by upcoming memes similar to Scotty AI, Smog Token, and Sponge V2.