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$11 will be Dogecoin’s next moonshot?

$11 will be Dogecoin’s next moonshot?

Kriptoworld2025/10/08 16:00
By: by kriptoworld
DOGE+0.67%M-1.06%

Dogecoin , the memecoin that’s been the crypto carnival’s greatest comeback kid, is reportedly gearing up for another epic rally, this time with a potential price tag of $11.71 by year’s end.

From digital joke to potential dollar multiple, Doge’s pattern of outpacing its own history is turning heads again.

Stay ahead in the crypto world – follow us on X for the latest updates, insights, and trends!🚀

Surfing a rocket

Let’s rewind. Analysts say this doggy dynamo has a habit of smashing through descending trendlines, those pesky lines that seem to hold it down, before blasting off like a crypto SpaceX.

Back in 2017, Dogecoin rocked an 83x gain, snuggling up from under $0.0004 to over $0.0014 by early 2018. Cool story, right? But wait for the sequel.

The pattern repeated in 2021. After breaking free from another two-year downward grip, Dogecoin jumped 183x, riding from the $0.004 gutter all the way past $0.7.

If you were holding, congratulations, you might have felt like you were surfing a rocket.

X

Insane ride

Popular crypto analyst Dima Potts, putting on his crystal ball, salts these historic data points with a dose of cautious optimism.

He notices the current Dogecoin price tiptoeing toward the end of the latest downward trendline, itching for another breakout around the key $0.41 level.

Now, Dima says if Dogecoin can close a whole week above $0.41, we might just be witnessing history start to repeat itself.

Extrapolating from previous bull runs, Dogecoin could theoretically shoot for a 283x return, which would set the price on an insane ride far beyond $11.

The pragmatists among us, including Dima himself, opt for a humbler 37x jump starting from Dogecoin’s 2025-opening price of $0.31, still landing squarely at $11.71.

Bull market in the making?

What’s behind this jump? Simple, history loves to rhyme in crypto.

The repeated cycle of breaking free from trendlines and rallying to higher highs makes this dog really seem ready to chase its tail all the way up the double-digit dollar lane.

If markets and timely breakouts align, we might be barking up the right tree.

Buckle up, crypto fans. Dogecoin’s performance isn’t just a such profit, very meme anymore.

It’s a drama of technical patterns, breakout magic, and perhaps, another legendary bull run in the making.

$11 will be Dogecoin’s next moonshot? image 0 $11 will be Dogecoin’s next moonshot? image 1
Written by András Mészáros
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles

With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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