One of the altcoins lags behind the market, so in the near future it may rise in price, I am sure Cryptorg CEO Andrey Podolyan.
Dogecoin is one of the coins that lags behind the market, says Andrey Podolyan, CEO of Cryptorg. He pointed out that many altcoins have already rallied to the levels from which the May fall began.
At the same time, the decline in the price of Dogecoin began at about $ 0.48, while now the cryptocurrency is trading at around $ 0.30.
“Now the market is starting to pay attention to the lagging coins, so we should probably expect some big news soon, which will affect the growth. Thus, the fundamental factor will have to be added to the technical factor.
Dogecoin potential for growth is about 50%, ”Podolyan explained. He added that now everyone expects some kind of words or actions from Elon Musk, since he is associated with Dogecoin.
The Dogecoin price will go up if some major player comes out in support of it, added Vladimir Smetanin, CEO of the Swiss financial company. However, he warned that it is impossible to predict the Dogecoin price, since it is primarily a meme and a joke.