While not many individuals may have benefited from Elon Musk’s takeover of Twitter, the Doge community is undoubtedly pleased. The Musk effect was correct, and Doge to the Moon is once again on the cards as Dogecoin has risen more than 120 percent in the last seven days.
Many analysts are predicting Dogecoin’s future price direction amid the persistent rumors that the cryptocurrency will merge with Twitter. One well-known analyst has stated that Doge will pave the way for other altcoins to enter the alt season.
Analyst by the alias CryptoKaleo has said that there is a mini altcoin season on the horizon. He wrote on Twitter, “$DOGE / $BTC,Dogecoin is gonna lead the way into this next mini alt szn but you wouldn’t believe it.”
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Source: https://coinpedia.org/altcoin/dogecoin-to-lead-next-altcoin-season-will-doge-price-ignite-10x-rally-in-the-coming-months/