But, regardless of when the next rally occurs, one is unavoidable given how undervalued DOGE is at the moment.
Of course, this is all dependent on Twitter and Elon Musk, who appears to be the only thing/person holding up and driving up the price of DOGE.
The Dogecoin community has long anticipated that as the owner of Twitter, Musk will ensure that cryptocurrency payments, including Dogecoin payments, be introduced at some time.
A recent partnership between Twitter and eToro to give real-time asset pricing and the option to buy cryptocurrency via the social investment platform lends credence to this idea.
Furthermore, internal sources at Twitter reported in January that Musk is pressuring the social network to move through with its digital payment ambitions, including applying for payment licences in a number of US states.
As a result, it’s reasonable to expect Twitter to integrate cryptocurrency capabilities in the not-too-distant future, and given Musk’s enthusiasm for Dogecoin, it’s not absurd to expect DOGE to be included in the fun and games.
Indeed, Musk continues to mention DOGE at practically every chance, recently tweeting that he would give one million DOGE to anyone who could provide proof that he or his father own (or had owned) an emerald mine.
As a result, there’s a good probability that DOGE payments may end up on Twitter, and if they do, the altcoin will skyrocket.
It is not only likely that it will recover to $0.1 and higher, but it may even surpass its current all-time high of $0.731578 before even soaring to $1 in the event of a full-fledged cryptocurrency bull market.