Crypto Godfather, a popular crypto analyst has recently shared a prediction on Twitter and revealed that Dogecoin (DOGE) has the potential to surge 100%. He also shared predictions of other assets such as Bitcoin and Ethereum and placed Bitcoin at $80K and Ethereum at $10K by the end of this year.
Dogecoin (DOGE) has definitely gone through a lot of losses this year amid the recent crash. The Elon Musk-backed crypto coin has surged and attained its highest value from the hype surrounding it and it just did not begin with the crash.
Due to the influence of Elon Musk, many investors, old and new involved with the asset managed to grow over 21,000% to land an ATH of $0.73.
The price of Dogecoin has been greatly affected by the crash that occurred in the crypto market back in the month of May. It should be noted that the high amount of withdrawals and selling from the investors further drove the price off the rails.
Dogecoin reportedly lost over 60% of its total value and regardless of this fact, the investors kept on pumping their portfolios with Dogecoin.
At the time of writing this article, Doge has been changing hands at $0.24.
Sharing the price predictions for Cardano (ADA), Crypto Godfather said that it can manage to reach the level of $4 by the end of this year. For Binance, the analyst said that the native token of Binance, BNB, will be able to cross the mark of $1,200 marking a rise of over 200%.
As per the predictions made for other coins, he said SOL will be able to reach $600, XRP was placed at $2.8, Chainlink at $100, RAY at $50, FTT at $300, and SRM at $120.