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Myles G, a popular crypto-trader who has made bold predictions about Dogecoin prices in the past few weeks, is gaining attention.
Myles, a DOGE analyst at Myles Research believes that DOGE will surge up to $0.26 on April 20, despite the fact that most analysts believe it to be a sideways trend.
Myles G gives a stunning DOGE price forecast for April
Myles G has more than 15,000 Twitter followers for his “Myles G Investments”. Tweeted yesterday His price models predict that DOGE will hit $0.26 in this month.
Myles believes that DOGE’s price will be reached on the 20th of April at 4.20pm EST.
He teased, “Once this goal is achieved, we’ll reveal our secret next prediction.”
Myles’ bullish forecast would result in a Dogecoin price increase of 34%, bringing it to the highest since November 2021.
It may appear that the $0.26 goal is ambitious but, it fits in with “4/20”, which has been adopted as an unofficial day by meme coin fans.
The 20th of April could bring a storm for DOGE bulls, combining Doge Day and the anticipated increase in trading volume.
While price predictions are always to be treated with caution, Myles’ G will be an interesting one to follow in the coming days.
Dogecoin’s near-term trajectory is determined by its volatility and key levels
Myles G’s bold prediction comes following a few volatile days for the OG meme.
DOGE, currently trading around $0.198 has seensawed throughout the week. It fell on Monday and then Tuesday but gradually climbed in the last 48 hours.
Dogecoin has struggled to maintain itself above the $0.20 mark.
DOGE’s trading volume has remained strong despite the price fluctuations.
CoinMarketCap says it is the seventh largest cryptocurrency. Most traded cryptocurrency globallyXRP and Binance Coin are the two biggest names in cryptocurrency.
The open interest for Dogecoin futures on major exchanges, however, has dropped.
More than $200 Million In the last two days, open interest fell as the leveraged traders fled the market due to the price volatility.
The meme coin market is unpredictable.
Dogecoin is known for surprising investors. If Myles G’s predictions come true, this would be yet another amazing turnaround.
What other memes could be on the rise in this month?
Traders are looking at newer meme currencies that may rise in April, while Dogecoin is still grabbing the headlines.
The one potential candidate is SlothanaEarly investors are predicting a possible rally for the upcoming DEX debut.
Slothana’s DEX launches with a pre-launch success: Meme magic and presale sales
The SLOTH presale, which launched only three weeks ago has raised more than $10 million.
The success of this fundraising project demonstrates the huge demand for new projects, particularly those that appeal to “degen”, or the “degen crowd”.
Slothana is a relaxed, sloth-like character with red eyes, a nod to 4/20, the stoner festival celebrated worldwide.
The project cleverly taps into the narrative and hype surrounding Doge Day by extending its presale until that day.
Slothana, despite its laid-back vibe, has set an ambitious target of $420 million in market capitalization.
The giant image shows that the SLOTH Team is not only aiming for the stars, but also hoping to capitalize on the hype surrounding the Solana meme coins.
Crypto traders now compare Slothana with the SLERF token that was so successful in March.
SLERF was launched in a controversial manner, but this token based on a sloth reached $484,000,000 at its highest market value – with no utility.
Slothana could also experience an increase in value once the stock is listed on exchanges if it can harness similar meme magic.
Learn more about the project. Visit the Slothana Website
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