The Rise of Dogecoin, the Rally of Bitcoin and the Explosion of Trump’s NFTs: A Crypto Week in Review

The world of cryptocurrencies is buzzing with activity this week. from bold predictions about dogecoin To Elon MuskContinuing support of Mem Coin, there is a lot to catch up on. Let’s look at the top crypto stories of the week.

Potential 125% Growth for Dogecoin
Kaleo, a pseudonymous analyst, has made a bold prediction about the future. dogecoin DOGE/USD is suggesting a potential upside of over 125%. The forecast indicates that DOGE may rise to $0.14 from its current trading price of $0.062. Among these predictions, Dogecoin creator, billy marcusshared his investment principles and highlighted his favorite coins, including Bitcoin BTC/USD and Ethereum ETH/USD. Read the full article here.

Bitcoin rally to $60,000 possible
crypto expert, reliable crypto, has drawn parallels between bitcoin’s current market structure and its performance, reaching its all-time high in November 2021. The analysis suggests a possible bullish trajectory for bitcoin, with the potential to reach new all-time highs this year. Experts remain optimistic about the future of bitcoin, and emphasize the importance of fractals in predicting market movements. Read the full article here.

Trump’s NFT collection is skyrocketing
after an interview with tucker carlsonformer President Donald Trumpsaw an astonishing 1200% increase in sales of the NFT collection. The surge coincided with the GOP presidential debates on Fox News. Trump’s involvement in the crypto world has been highlighted, with revelations that he owned up to $5 million worth of Ethereum. Read the full article here.

Cathy Wood’s Bitcoin Predictions
Cathy WoodIn an exclusive interview with Benzinga CEO, Founder of Arc Invest jason raznik, shared his belief in bitcoin’s potential to reach $1 million in the next five to seven years. Wood emphasized the importance of bitcoin as the first global, private, digital, rules-based monetary system. He also highlighted Arch Invest’s predictions for the crypto market, which is expected to be worth around $25 trillion by 2030. Read the complete article here.

Musk endorses Dogecoin on X
Elon MuskThe tech entrepreneur and owner of X (formerly Twitter) has once again backed Dogecoin. Responding to a post by his mother, my muskOn X, Elon mentioned that “X” is a DOGE-friendly place. This support led to an increase of 1.68% in the trading value of DOGE. Musk’s relationship with DOGE has been a significant driver of its market volatility. Read the full article here.

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dogecoin photo by milan2102 on Shutterstock

Edited by Navdeep Yadav, Engineered by Benzinga Neuro

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