Dogecoin Price Prediction: Will Elon Send DOGE to $2 as JetBolt Gains Momentum?

Dogecoin DOGE $0.35 24h volatility: 1.4% Market cap: $52.25 B Vol. 24h: $1.33 B and rapidly rising crypto star JetBolt (JBOLT) have been recently among the talks of the crypto town. Dogecoin continues to grab headlines, with speculations swirling about whether tech billionaire Elon Musk’s influence and actions can propel DOGE to a $2 surge. Musk has played a huge role in Dogecoin’s meteoric rise, with his occasional social media mentions often acting as a catalyst for its surges in price and popularity.

Meanwhile, JetBolt has captured immense attention from large buyers and market watchers after achieving an astonishing presale milestone — selling over 150 million tokens since its debut. With both coins stirring the crypto market, a question emerges — can Dogecoin hit new highs with Musk’s support, and can JetBolt sustain its presale momentum? Read on to find out.

Dogecoin Price Forecast: Can DOGE Break the $2 Barrier with Elon Musk?

Dogecoin’s (DOGE) price has seen some upward movement since early November 2024. Over the past month, DOGE recorded a whopping increase of 80.6%. However, it’s been far from a consistent bullish run.

But can Elon Musk carry Dogecoin to land at a fresh all-time high (ATH) of $2? To set the records straight: While Musk continues to contribute to DOGE’s popularity through his tweets and comments, which have triggered sudden price spikes in the past, no consistent trend has emerged to suggest a guaranteed path to a $2 price target.

Chart of Dogecoin’s (DOGE) price movement over the past day shows a reduction in value, as per the latest CoinMarketCap data

One of the latest price analyses on Dogecoin shows that the largest meme token has been showing bearish signals, such as its RSI charting lower highs. According to a news report on TradingView, Doge’s bullish momentum is losing strength. Such movement could increase the likelihood of a pullback or consolidation phase.

Currently priced at $0.4075, DOGE was down 8.4% over the past 24 hours and 2% over the past week. Dogecoin’s price decline persisted despite a flurry of tweets from Musk on his X account and his high-profile appearance before Congress to deliver an address last week.

For now, DOGE remains in its familiar range below $1. To truly break past the elusive $2 barrier, Dogecoin will need more than just sporadic market hype or a viral tweet from Musk.

What’s the Story Behind New Altcoin JetBolt’s (JBOLT) Momentum?

While Dogecoin faces a price decline and a climb towards a new ATH of $2 is out of reach yet, a young altcoin is making waves with its explosive entrance into the crypto market: JetBolt (JBOLT).

JetBolt has sold a whopping number of 150 million tokens since its presale started. A huge token sale for such a young presale coin, this milestone ignited the interest of blockchain whales and crypto buyers looking for fresh altcoins in the market.

Beyond just a young token with astonishing presale figures, JetBolt offers unique, high-tech features for crypto users and next-gen altcoin aficionados. Its groundbreaking zero-gas technology enables users to perform blockchain transactions without paying any gas fees.

But there’s even more to uncover on JetBolt’s zero-gas tech feature. It could empower developers to seamlessly build a wide range of blockchain applications without expensive gas fees that can hold them back.

Moreover, JetBolt offers a beginner-friendly crypto-staking platform. JetBolt adds a new level of fun to staking tokens by enabling stakers to earn bonus rewards when they connect and engage with friends on the platform.

What’s attracting whales to its ongoing presale? JetBolt offers presale advantages for early JetBolt (JBOLT) token buyers. They can enjoy up to 25% extra tokens when they purchase Alpha Boxes or buy tokens in batches. These features, presale perks, and incredible presale figures put JetBolt among the top new crypto coins to watch.

Conclusion: DOGE Eyes $2 Climb with Musk’s Support as JetBolt Gains Massive Traction

While Dogecoin remains a household name in the crypto space, its price trajectory toward $2 remains uncertain. Elon Musk’s influence continues to hold weight, but without wide adoption and increased utility, the road to $2 could be a rocky one. Meanwhile, the hot new altcoin JetBolt continues to dazzle with its strong presale performance. Beyond its monumental presale achievement, JetBolt is becoming among the stellar picks of buyers for its game-changing features.

For more details on JetBolt’s exciting features and presale, visit the official JetBolt website today.