March is bringing in big money for the entire cryptocurrency market. Several assets were seen back in action trying to pocket lost gains over the past couple of days. While Donald Trump’s crypto-centric announcements have been making big rounds, the community is waiting for more to come. The Dogecoin (DOGE) market in particular has big hopes. Will the meme coin stay afloat until then?
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Dogecoin Surges By 6%
Leaving behind a rather negative month of February, the OG meme cryptocurrency was seen starting fresh. Despite a rocky start to March, the asset was seen starting its recovery journey. Over the past 24 hours alone, DOGE has jumped by nearly 5%. At the time of writing, the asset was trading at $0.2104. Earlier today, DOGE was priced at a low of $0.1985.
Despite its recent uptick, the asset has a long journey towards its all-time high. Currently, the meme coin is trading 71% below its peak. Dogecoin hit an all-time high of $0.7376 about four years ago in the year 2021. The meme coin will have to cross this mark before hitting the much awaited $1 milestone. Increased support from the Donald Trump led government could aid in this potential growth.
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March 10 Price Prediction
It looks like Dogecoin investors are set to pocket notable gains over the next few days. Data from CoinCodex reveals that the OG meme coin will record a triple digit surge soon. According to the firm, DOGE is expected to rise by 118.55% and trade at a high of $0.4596 on March 10. While this seems like a massive uptick in a short period of time, the community believes that the upcoming Crypto Summit on March 7 could bring in bullish transformations into the ecosystem.
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