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Cryptocurrency News Articles

Dogecoin (DOGE) Might Hit $20, But Ozak AI (OZAK) Is the Real Game-Changer

Jan 16, 2025 at 01:36 am

With speculation surrounding Dogecoin (DOGE) swirling everywhere, analyst Javon Marks thinks we could be very close to something quite big.

Dogecoin (DOGE) Might Hit $20, But Ozak AI (OZAK) Is the Real Game-Changer

Dogecoin (CRYPTO: DOGE) is quickly approaching a critical juncture, according to one analyst, and could be poised for an explosive move higher.

What Happened: Javon Marks, an analyst at Blockware Solutions, said in a recent note that he is keeping a close eye on Dogecoin, which is currently trading around $0.35.

Marks said that if all goes well for Dogecoin, the meme coin could be setting up for an “insane” rally to $20, a move that would equate to about 60 times its current price.

“This would put a spotlight on the growth potential left in the tank for the meme coin, if it manages to rally another 60x from current levels,” the analyst said.

The price target of $20 for DOGE is a bold prediction, but Marks said that anything is possible, especially during the early stages of a new presidential administration.

“Energy and volatility always accompany a new administration opening in the USA, painting a picture of possibility.”

Could another crypto market melt-up propel Dogecoin higher?

While Marks did not offer a specific time frame for his price target, he highlighted the explosive gains that Dogecoin has already achieved in the past.

The meme coin surged nearly 90 times in 2017 and then went on to rally over 306 times in 2021.

“We've seen explosive price action from the meme coin in previous bull cases. In 2017, it surged over 90x, and then in 2021, it went parabolic again, surging over 306x from January 1.”

Short-term price predictions show a spike toward the $0.60 level, after which it will likely face resistance.

“Many fans of the coin feel that the momentum is picking up, and it feels like a push toward $1 is within the realm of reality. A move to $20 would require an astronomical market cap — over $2.89 trillion in new capital — but it's an exciting target, nonetheless.”

Related Link: Elon Musk Says He Will Keep Buying Dogecoin 'Off and On', Offers Thoughts On Meme Coin, Cryptocurrency Regulation

Ozak AI (CRYPTO: OZAI) is another token that has been generating a lot of buzz lately.

The token, which is designed to enhance productivity and creativity, is considered to be one of the top performers in the growing altcoin space.

Ozak AI is reportedly aiming for a substantially higher price appreciation, which could be driven by several factors, including community support, use cases and technology.

“As the market shifts, Ozak AI has become a point of interest among many analysts who see potential in this crypto.”

The technology in operations is carving some great utility that goes well with both investors and users.

It does not sound far from reality to imagine Ozak AI reaching $1, with the coin gaining traction and community support.

“This is one coin that embodies the perfect blend of innovation and functionality, offering great excitement for any crypto enthusiast looking for the next big breakout.”

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Other articles published on Jan 16, 2025