Analyst reveals a digital currency whose price could rise 1000%: What is it?

 

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Analyst “Justin Bennett” noted the existence of a digital currency that may be in the accumulation phase after a significant increase and will be able to continue its strong upward movement in the near future.


Analyst Justin Bennett noticed signs on the Dogecoin chart that could indicate an impending rally in the cryptocurrency. According to the analyst, the price of the coin may rise by more than 1000%.


On the Dogecoin chart, Bennett has noticed a bullish triangle pattern that indicates continued growth. The analyst identified a similar build-up phase this spring before Dogecoin's price surged 1,200%.



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On October 11, Dogecoin is trading at $0.23. Over the past two weeks, the altcoin price has increased by 16%, and its market capitalization has increased to $31.1 billion, according to CoinGecko. In early May, the digital currency hit an all-time high of $0.73.


Dogecoin is a digital currency that was released in 2014 as a joke, and it gained huge popularity after it was promoted by the young billionaire, Elon Musk, and many other celebrities.

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