Dogecoin (DOGE) to Repeat Cyclical Fourth-Year Performance, Better 2021's 12,000% Rally: Analyst

With Dogecoin close to its best third-year cyclical performance ever, a notable market expert suggests the meme coin leader will do better next year.

As Dogecoin nears its best third-year cyclical performance, a prominent market expert predicts that the meme coin will fare even better in the upcoming year.

Dogecoin is experiencing its best cyclical third year ever. The largest meme coin by market capitalization has appreciated a staggering 243% over the past year, largely due to its November price explosion.

With the upsurge, the token has outperformed its 2016 and 2020 performances. To provide perspective, Dogecoin appreciated by 72.37% and 114.86% in those years, respectively, both of which are significantly less than this year's upsurge.

Interestingly, the fourth year of each cycle has been the best performing year for Dogecoin. The asset has trounced its previous cycle’s percentage uptick, and a community enthusiast known as “Investments CEO” anticipates a similar play out next year.

Dogecoin to Better 2021’s 12,000% Uptick: Analyst

In a Christmas Day post, the analyst Investments CEO maintained that Dogecoin will repeat its fourth-year cyclical performance. At the same time, he suggested that the meme coin will improve on its 2021 rally.

For context, Dogecoin rallied 12,000% in 2021, peaking at an all-time high of $0.73995. Notably, the year’s rally was more than double that seen in 2018, as the leading meme coin surged 5,000% six years ago.

Meanwhile, the prominent community figure asserted that the historical trend would continue next year. A surge past 12,000% in 2025 would push Dogecoin to an unprecedented price above $40 per coin.

Market Expert Supports Assertion

Despite the ambitious nature of this projection, the analyst is not alone in this sentiment. In fact, another analysis supports the Dogecoin enthusiast claims of an over 12,000% upswing.

For context, seasoned market analyst Ali Martinez teased the idea. In a recent commentary, he disclosed a similitude in Dogecoin’s last three bull cycles.

According to the commentary, Dogecoin surged 212% from the bear market lows, retraced 40%, and exploded 5,000% in 2017. The token’s price repeated a similar pattern in 2021, growing 476%, correcting 56%, and then appreciating 12,000%.

Martinez pointed out that Dogecoin has grown 440% and is in its correctional phase, retracing over 46%. If a similar pattern fully unravels, the meme coin market leader could see an uptick of over 12,000% in 2025.

In the meantime, DOGE trades at $0.3170, down 4.5% in the past 24 hours.