Various sales waves affecting many coins such as Bitcoin, Dogecoin (DOGE), Cardano (ADA); He visited the market intermittently throughout the year. In particular, the meme-coin Dogecoin was one of the most affected in terms of depreciation. Analisdollarser continued to make predictions about the future state of the coins. The latest one came from anonymous analyst named Crypto Godfather. The analyst shared his predictions for many coins…
Dogecoin (DOGE) fall: What happened?
Dogecoin (DOGE) suffered losses in the market in the last crash. However, their troubles did not start with the recent wave of sales that affected coins like Bitcoin, ETH, ADA. The cryptocurrency got most of its growth from the excitement around it. It was mainly driven by support from leading figures like Elon Musk. This situation attracted old and new investors to DOGE and brought success with an all-time high of $ 0.73, an annual growth of 21 thousand percent.
As we have reported , there have been numerous crashes that have shaken up existence since then. Dogecoin, which started to decline mostly with the crash in May, struggled to maintain its high prices. Investors who emptied their bags to cash in on the gains pushed the asset price down further. It lost more than 60 percent of its all-time high. However, investors continue to be bullish on the coin’s long-term potential.
Crypto Godfather reveals year-end predictions
Crypto Godfather is a well-known crypto analyst on Twitter. With a follower base of 75,000 followers, the analyst has some momentum in the space. He recently shared on Twitter his thoughts on where the major cryptocurrencies will be in the market by the end of the year. His predictions ranged from top cryptocurrencies like Bitcoin and Ethereum to lesser-known tokens like FTT and RAY.
The crypto analyst who started from the beginning said that he thinks Bitcoin will reach $80,000 and Ethereum will reach $10,000 by the end of the year. The $10,000 price level represents at least 200 percent growth for ETH. Cardano (ADA) was placed at $4. Binance Coin, on the other hand, was estimated at $1,200 – representing an increase of over 200 percent.
Crypto Godfather’s prediction of Dogecoin, SOL, FTT, LINK, SRM and RAY
For Doge, the Crypto Godfather has set the asset price at $0.50 by the end of 2021. This predicted a 100 percent increase in the token. Other estimates included $600 for SOL, $2.8 for XRP, $300 for FTT, $100 for LINK, $120 for SRM and $50 for RAY.