Trader Says Dogecoin (DOGE) Has ‘High Probability’ of Exploding by Over 600%, Updates Outlook on Bitcoin

A widely followed crypto analyst says that there is a near certainty that dog-themed Dogecoin (DOGE) will increase sevenfold. The pseudonymous trader Altcoin Sherpa tells his 195,900 Twitter followers that Dogecoin will likely reclaim the $0.50 level. However, Sherpa notes that it could take time, which could prevent long-term holders from investing in other opportunities.