The content and materials featured on this page are for educational purposes only. Popular crypto trader Myles G has made a bold prediction for Dogecoin’s price, suggesting that it could surge to $0.26 by April 20. This estimate comes with a specific time of 4:20 pm EST on that day.
If this prediction were to materialize, it would represent a 34% increase for Dogecoin and take the coin to its highest level since November 2021. While some analysts anticipate Dogecoin to continue moving sideways, April 20 could present a convergence of factors favoring DOGE bulls, including Doge Day, anticipated increase in trading volumes, and heightened hype. Nonetheless, it is important to approach price predictions with caution, but Myles G’s forecast is one to keep an eye on.
Currently trading at around $0.198, DOGE has seen fluctuations this week, facing resistance at the $0.20 level. Despite the volatility, Dogecoin has sustained a high level of trading activity, although open interest in Dogecoin perpetual futures across major exchanges has decreased, possibly suggesting the potential for further downside. In the meme coin space, unpredictability is a constant, and Dogecoin has historically surprised investors.
Therefore, if Myles G’s prediction were to come true, it would represent another unexpected turn for the coin. On the topic of meme coin projects, Slothana has drawn attention for its distinct concept, tapping into the 4/20 stoner holiday with a laid-back, red-eyed sloth character. The project’s presale is strategically aligned with Doge Day, aiming to leverage the surrounding hype and narrative.
Beyond its relaxed image, Slothana has set an ambitious goal of achieving a $420 million market cap, capitalizing on the meme coin frenzy on Solana. Drawing comparisons to the successful SLERF token, some traders see potential for Slothana to experience a rise in value once it hits exchanges. However, it’s important for users to conduct their research before taking any actions related to such projects, as crypto.news does not endorse any specific products mentioned on this page.