Lately, the cryptocurrency market has been experiencing some transformative coin phases. For instance, Bitcoin has evolved considerably and hit the $100K mark while showing signs of a possible surge to $114K, as predicted by many cryptocurrency analytics portals. At the same time, coins like Pepe and Dogecoin (Doge) also show signs of progression, making them compelling for investors to explore. But the real question is, how high can they both surge this mid-December 2024?
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Dogecoin Price Forecast (Mid-December)
Source – CNBC
Dogecoin is currently one of the most trending coin tokens to invest in. Doge is rallying high primarily due to its close association with Musk and the fact that the token has inspired the name of Musk’s official Department Of Government Efficiency, or DOGE. At the same time, the rumor mill is hinting at Musk announcing Doge payments for X very soon, which is yet to be officially confirmed but has bolstered the token’s progress up a notch.
Dogecoin is also gaining incredible strength due to the current bullish prospects of the market. At press time, the token is sitting at $0.45 and is up by 124% in the last one month.
Per CoinCodex, Dogecoin may note a slight price dip around December 20, helping the token stabilize around the $0.42 price mark.
Image: CoinCodex
Per CC, the token will continue to hover around the $0.42 price level and may end the month while sitting at this very stable price spot.
Image: CoinCodex
“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -5.41% and reach $ 0.42746 by January 8, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 79 (extreme greed). Dogecoin recorded 20/30 (67%) green days with 13.91% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”
Also Read: Ripple (XRP) May Be Bound for $4 in 2025, But When?
Pepe Price Prediction
Source -CoinGape
Pepe is another promising cryptocurrency meme coin that has been gaining significant price upticks as of late. The token has noted price surges worth 149% in the last month, pushing the token to sit at the $0.00002656 price level.
Per Santiment, Pepe has lately been receiving significant attention from investors keen on exploring the token alongside popular meme coins like Dogecoin, DogWifHat, and BONK.
“Meme coins are quietly having more mini breakouts this weekend. For coins like Dogecoin, Pepe, Dogwifhat, and Bonk, the larger wallets could continue to pump market caps longer until retail FOMO returns. Once the crowd catches the wind and gets greedy, the larger wallets sell, and prices generally retrace shortly after.”
Per CoinCodex, Pepe may note a significant price surge of $0.00003977 by 20th December 2024.
Image: CoinCodex
At the same time, the token may note a significant price surge of 223% by the end of December 2024.
Image: CoinCodex
“According to our current Pepe Coin price prediction, the price of Pepe Coin is predicted to rise by 223.19% and reach $0.00008424 by January 7, 2025. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 79 (extreme greed). Pepe Coin recorded 16/30 (53%) green days with 18.15% price volatility over the last 30 days. Based on the Pepe Coin forecast, it’s now a good time to buy Pepe Coin.”
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