Dogecoin (DOGE) has exceeded expectations after reaching $0.439, its highest price since mid-2021. Analyst Anbessa predicts that DOGE could reach as high as $3.60, a 10x increase from its current price. This growth is attributed to a bullish market environment, with the entire crypto market surging and the S&P 500 breaking records.
Dogecoin’s established market presence and impressive rally make it stand out from other meme coins. Pepe Unchained, a new meme coin, is gaining attention as it has raised over $27 million in its presale. The coin is structured differently from typical meme coins, with a dedicated Layer-2 network for joke tokens and developer grants to boost the ecosystem.
With its projected market cap at launch being a fraction of DOGE’s, Pepe Unchained has significant room for growth and could potentially follow in DOGE’s footsteps.