Dogecoin Outgains Bitcoin, Ethereum After Recovery: Analyst Predicts ‘Extremely High’ Odds DOGE Soars 800% From Here

Dogecoin (CRYPTO: DOGE) lifted on Wednesday, prompting analysts to issue bold predictions about the memecoin.

DOGE In The Green

DOGE climbed to an intraday high of $0.2609 before reversing course to settle at $0.24 overnight. Still dog-themed cryptocurrency traded up over 1.50% in the last 24 hours.

In doing so, it outperformed market heavyweights Bitcoin (Crypto: BTC) and Ethereum (Crypto: ETH), which grew 0.50% and 0.13%, respectively.

DOGE’s futures traders got excited, with open interest for the coin rising 2.30% to $4.44 billion in the last 24 hours, according to Coinglass. 

Top traders on Binance i.e, the top 20% users with the highest margin balance, leaned toward the bullish side, with three out of four betting …

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