Dogecoin Price Prediction: Doge Millionaire More ‘Bullish’ Than Ever as He Forecasts Big Surge

Things are looking up for Dogecoin, even with its slump over the weekend.

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Investors remain bullish for a Dogecoin comeback soon, especially with analysts predicting an explosive end to 2021 for the main cryptocurrencies.

One main believer of a Dogecoin return is the “Doge millionaire,” Glauber Contessoto, who revealed in a tweet on Monday that 99 percent of his portfolio remains invested in Dogecoin. He said he has never been more bullish on the token, as he further revealed holdings in Cardano and Floki.

In a recent interview as published on FX Street, Contessoto said that his “unit bias” is a factor in his bullishness for DOGE, saying he would “rather own 1000 Dogecoin” than “0.0000001 in Bitcoin.” He attributed this to a “psychological thing.” Contessoto even argued Dogecoin’s relevance over Bitcoin and other digital tokens, considering it has been an asset primed for mainstream use.

Dogecoin Price Prediction: Breakout Seen When DOGE Reaches $0.30

On Monday night, Dogecoin soared 5.45 percent to $0.281577, as per Coindesk‘s real-time tracker.

DOGE has also achieved cyclical surges, with the once joke crytocoin providing some degree of predictability based on movements of crypto whales (or investors or traders holding large amounts of the coin) such as Contessoto, FX Street added.

Read Also: Dogecoin to the Moon: 5 Celebrities That Also Support the Meme Coin

Experts see DOGE climbing even higher after each cycle. Analysts saw through Dogecoin’s price trend in the recent weeks and forecasted that DOGE will skyrocket once it reaches the $0.30 level.