If you are of the opinion that we're in a bull market, then you should have DOGE in your portfolio. Bitcoin performs better in a bear market, but it underperforms doge by a long way in a bull market.
DOGE has been doing this consolidation song and dance since the bottom of March 2020. Big pump (9x), then 50% retracement, consolidation, big pump (8x), 50% retracement, consolidation. if the next big pump is 5-7x of the last top at .70, then $3.50-$5.00 is a reality.
Fundamental Analysis that can get us there? DOGE becomes to defacto currency for brands desperately trying to appeal to Gen Z. Burger King is already doing this, Tesla will accept DOGE, and AMC will accept DOGE. Everything is becoming memeified, and brands are going to risk becoming dinosaurs if they don't tap into this.
Also, SpaceX launching the DOGE-1 rocket and making DOGE the first interplanetary currency is an insane narrative that can't be ignored.
Good luck, have fun, and we're all going to make it.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.