According to an analyst, Dogecoin is the only meme coin with the potential to deliver a 5-10x return.A recent technical analysis using the Elliott Wave theory suggests that Dogecoin is in a macro uptrend, currently in its fifth impulse wave.Short-term price targets for Dogecoin are projected to be around $1.7, with a long-term target of $6.5.If achieved, these targets would represent significant increases from the current price level.