Dogecoin's price has nearly doubled in a 30-day period after weeks of consolidation, driven by a broader inflow into the crypto market and bullish indicators.
Analyst Master Kenobi predicts that Dogecoin could reach $1.05 by early June based on a comparison between current price structures in 2025 and the 2017 cycle, expecting a 350% rally.
The prediction is reliant on Dogecoin maintaining and increasing its bullish momentum to potentially hit new all-time highs within the next 22 days, with the need for a strong altcoin rally.
At the time of writing, Dogecoin is trading at $0.244, showing a 6% increase in the last 24 hours.