Dogecoin ‘Parabolic Rally’ In 2025 Foreseen By Popular Analyst If ‘History Repeats’ Just Like In 2017, 2021
Dog-themed cryptocurrency Dogecoin (CRYPTO: DOGE) could be in for a “parabolic rally” if history is repeated, an influential cryptocurrency expert said Monday.
What happened: The world’s largest meme coin was up over 3% in the last 24 hours, part of a broader rally in which altcoins gained significantly.
Popular on-chain analyst and trader Ali Martinez connected Dogecoin’s ongoing moves with what transpired in 2017 and 2021.
“In 2017, when Dogecoin began a parabolic run, it surged 212%, retraced 40%, then rallied 5,000%. In 2021, it went up 476%, retraced 56%, then skyrocketed 12,000%,” Martinez said.
The meme coin has followed a similar trajectory in 2024 and retraced sharply in recent days. “If history repeats, another parabolic rally is on the way,” the analyst expected.
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