Experts predict Dogecoin (DOGE) and BONK (BONK) to rise to $0.258 and $0.0000350 respectively, amid a crypto market bull wave. Both altcoins have experienced minor retracements after significant surges. Investor sentiment is important in understanding their potential.
Dogecoin Soars: Analysts Bullish on Price Prediction for DOGE
On February 29, the cryptocurrency monitoring tool Whale Alert spotted a large 1.2 billion DOGE transaction valued more than $90 million. Following this news, the value of Dogecoin has increased considerably. DOGE traded at $0.117 on February 29, but rose to $0.154 on March 3, indicating a 31.62% gain in Dogecoin’s value.
In terms of price estimates, several analysts believe Dogecoin will perform well due to recent price movements. As a result, they expect that DOGE will climb to $0.258 by mid-April.
Some analysts, on the other hand, believe that Dogecoin would suffer as a result of sell-offs by investors wanting to profit. Thus, they predict that DOGE will fall to $0.138 by the end of March.
Get Ready for a BONK Boom: Big Price Swing on the Horizon
On February 15, BONK announced its imminent launch on one of Europe’s leading fintech systems, which has over 38 million members in 50+ countries. The promotion’s Learn and Earn program seeks to attract 500,000 new BONK members, greatly growing the platform’s active user base.
This announcement generated a lot of attention in the BONK community, and the value of BONK increased. BONK was priced at $0.0000139 on February 15, but grew to $0.0000271 on March 3, representing a 94.96% increase in valuation.
In terms of price projections, several market professionals believe BONK will do well due to recent advances in its ecosystem. As a result, they predict that BONK will rise to $0.0000350 by the end of March.
In contrast, several crypto experts predict a pessimistic outlook for BONK based on recent technical signs. They anticipate that BONK will fall to $0.0000112 in the next two weeks.
Release: The purpose of this content is only to provide knowledge. Readers have to do their own research before making investment decisions.