A widely respected cryptocurrency strategist believes it is only a matter of time before top memecoin Dogecoin (DOGE) explodes.
Household analyst Bluntz tells his 301,200 followers on social media platform
“When DOGE finally breaks out of this three-week range, I think the uptrend will intensify just like it did last time.
TikTok.”
Looking at the trader’s charts, he seems to be predicting that DOGE could surge past $0.90 to new highs. As of this writing, DOGE is worth $0.422.
Bluntz also believes that December will be an incredibly strong month for the cryptocurrency market, with top memecoins leading the way.
“Let the Santa Rally begin…
DOGE, PEPE, and SHIB are all seeing more volume than Solana (Monday) despite having in some cases one-tenth of their market capitalization.
If you think meme meta is dead, I’m sorry, but you won’t succeed.”
Bluntz also said retail traders are now getting into cryptocurrencies and are more interested in coins that emerged during the 2017 market cycle, known as “dino” coins.
“Once we observed that retailers were finally coming around and decided to start bidding… ‘Drum roll’ the same cr*p you bid last cycle.
When memecoin bidding inevitably starts again, you’d think they’d be bidding on dinosaur memes too.
Obviously DOGE, but also SHIB, FLOKI, etc.”
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