Dogecoin Rally Fueled by Elon Musk and Liquidity, But Slower Gains Expected
• Dogecoin trader sees token reaching $0.20s-$0.30s, then possibly $1 due to "Elon Musk effect" and liquidity • Monthly gains at 30% and yearly over 100% show strong momentum, with large transaction volume surging • However, gains unlikely to match last cycle and other meme coins could outperform • Recent correction aligns with overall crypto market dip, uptrend may continue • Meme coin influence and Bitcoin institutional adoption are hot topics at upcoming digital asset event