Over the past year, Dogecoin 
$0.334261 (DOGE) has shown significant growth potential. Some experts predict that Dogecoin’s price could increase by 10,000%, potentially reaching $1 or more. Historical trends and new developments are fueling hopes for another major rally. What do experts, including Ali Martinez, say about DOGE and its future?
Dogecoin’s Price History Points to a $1 Target
Crypto expert Ali Martinez highlighted a 10,000% rise during Dogecoin’s bullish run in 2021. At that time, DOGE had soared from $0.007 to $0.70 in just 98 days. Martinez believes the current market shows similar signs. He suggests that if conditions remain strong, Dogecoin could witness a comparable surge in price.
Currently, Dogecoin is trading at $0.354 after a 1.72% increase. On a monthly scale, DOGE has risen by 13.96%, indicating active buying. However, trading volume has decreased by 30.09%, suggesting some traders are cautious in the short term. If DOGE can replicate its past high of 112%, it may break resistance levels and climb toward $1.
Analyst Chandler from X also pointed out this 112% jump trend. He believes a similar movement could push Dogecoin’s price to $1. Increasing whale activity and strong market support further bolster this outlook.
Bullish Sentiment and Consolidation Areas
Ali Martinez also discussed how a Dogecoin ETF could impact the market. Bitwise has applied for a “Bitwise Dogecoin ETF,” with Bloomberg analyst Eric Balchunas stating that approval may come soon. If this occurs, it could attract significant holders to Doge stocks, leading to higher prices. Martinez noted that ETFs have typically boosted crypto prices in the past, as seen with Bitcoin 
$102,462.
Crypto expert Kev_Capita_TA pointed out that Dogecoin USD is currently in a crucial consolidation phase. His chart shows DOGE/USD trading near the bottom of an upward channel supported by the 0.703 Fibonacci retracement level. Kev suggests that if Dogecoin remains above $0.26, it can rebound strongly and target higher levels, but losing this threshold could lead to a loss of momentum.
Despite short-term risks, Dogecoin (DOGE) continues to dominate as the top memecoin. It holds a market cap of $52.43 billion, making it the seventh-largest cryptocurrency worldwide.
Minotaurus (MTAUR): A New Contender in the Market?
While hype may surround Dogecoin, Minotaurus (MTAUR) has surpassed 1,380,000 USDT in presale, supporting the buzz. As the project enters its fourth presale phase, MTAUR maintains a price of 0.00010005 USDT.
According to the team, the maze environment serves as a canvas showcasing MTAUR’s functionality, allowing players to utilize unique abilities or navigate hidden paths, taking the token beyond mere theory. Minotaurus offers various advantages to its holders while promoting a stable market presence instead of a rapid sell-off.
Moreover, a referral system adds a community-focused expansion aspect, benefiting all participants. Additionally, a giveaway featuring a lucky participant winning 50,000 USDT provides a lively atmosphere, fostering regular communication among supporters.
According to Statista, the multi-billion dollar daily gaming arena continues to expand yearly, suggesting potential for titles that combine traditional gaming entertainment with digital asset practicality. Minotaurus is poised to capitalize on this trend by closely linking its tokens to gaming utility.
Conclusion
The likelihood of Dogecoin (DOGE) reaching $1 and achieving a 10,000% rise appears quite strong. Historical data, whale activity, and technical analysis support this view. Ali Martinez emphasizes the similarities between the current market and the 2021 bull run, during which Dogecoin experienced immense growth. The proposed Dogecoin ETF could also increase demand from larger holders.
