The cryptocurrency markets have been quite slow for a while, taking their time to heal and bounce back to glory. The main assets of the market, Bitcoin and Ethereum, have also been taking their sweet time to reclaim their previous highs, with altcoins like Dogecoin (DOGE) struggling to trade at normal price ranges. However, in a new development, one analyst believes Dogecoin has already started to pave its way, projecting a 28000% surge for the asset. What does he mean by that? Let’s explore.

Also Read: Ethereum Technical Setup Mirrors Pre-Rally Phase: Can ETH 2x Again?

Dogecoin Rise to Madness: 28000% Surge

Dogecoin logo with charts
Source: CoinGape

According to a notable cryptocurrency expert, Javon Marks, Dogecoin is a leading crypto token that can reap the maximum benefits once altcoin season comes into effect. Marks noted how Dogecoin had earlier climbed 9000% in one of its earlier altcoin season surges. Banking on this narrative, Marks shared an ambitious price target for Dogecoin (DOGE), adding how the asset can easily hit 28000% to hit the $20 price mark.

“With another alt-season looking to be right on the brink of beginning here, let’s look at how $DOGE has performed in each of the previous two. 1st Run: >9,000%. 2nd Run: >28,000%. We see another 9,000% increase, and we’re looking at a near $10 Dogecoin. A >20,000% increase, and we’re looking at a $20 DOGE.”

Moreover, Marks was quick to add immediate price targets for Dogecoin, claiming how the asset can hit $0.65 to $1 in the near future.

“The next seemingly modest targets are $0.6533 and $1.25111, but alt-seasons have proven that Doge can have an upside potential beyond the grasp of many people’s imagination…”

Technical Insights for Doge

According to CoinCodex DOGE stats, Dogecoin may end up exploring a modest price high of $0.17 by the end of January 2026.

DOGE STATS
Source: CoinCodex

“According to our latest Dogecoin price prediction, DOGE is forecasted to rise by 14.69% and reach $0.1741 by February 4, 2026. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 26 (fear). Dogecoin recorded 14/30 (47%) green days with 5.91% price volatility over the last 30 days.”

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