.The analyst anticipates that the value of Dogecoin could potentially rise to $0.26 in the upcoming days.

Disclaimer: This article is for educational purposes only and should not be considered as investment advice. The author does not endorse any specific products or make any investment recommendations. Readers should conduct their own research before making any investment decisions.

Cryptocurrency trader Myles G has made a bold prediction about the future price of Dogecoin. While most analysts believe the meme coin will remain stable, Myles predicts that it could rise to $0.26 by April 20. Myles, who has a large following on Twitter, shared that his price models suggest DOGE will reach this target on April 20 at 4:20 pm EST.

If Myles’ prediction holds true, it would mean a 34% increase for Dogecoin and return the coin to its highest value since November 2020. The $0.26 target aligns with the “4/20” theme, which has become a popular day for meme coin enthusiasts. This convergence of factors on April 20 could potentially create a favorable situation for DOGE traders.

However, Dogecoin has experienced volatility in recent days. Despite this, the coin has maintained strong trading activity and is currently valued around $0.198. Open interest in Dogecoin perpetual futures has decreased as leverage traders were affected by the unstable price action.

While Dogecoin continues to dominate headlines, traders are also looking for other meme coins that may see a rise in April. One contender is Slothana (SLOTH), which is getting ready for a decentralized exchange (DEX) launch. The SLOTH token’s presale has raised over $10 million in funding, indicating the growing interest in new meme coin projects. Slothana aims to target the “degen” crowd and the 4/20 holiday.

Although Myles G’s forecast should be looked at with caution, it is one to keep an eye on in the coming days. Additionally, traders are comparing Slothana to the previously successful SLERF token, which achieved a market capitalization of $484 million without any real-world use. If Slothana can replicate this success, it has the potential for a post-listing spike once it is listed on exchanges.

Readers should perform their own research and be careful when making investment decisions. This article is provided by a third party, and crypto.news does not endorse any products mentioned.