Dogecoin has been lately missing out the recent bull run action. While coins such as Bitcoin, Ethereum, Litecoin, EOS, Tron, etc have shown good gains in the past week (an average of +8%), Dogecoin gains have been pretty low.
But all that changed yesterday. Other cryptocurrencies showed a FUD after Bitcoin failed to touch $9K and immediately crashed to $8, but Dogecoin, on the other hand, showed gains of 4.20%. The cryptocurrency touched $0.003400 and has a positive trend line.
Many investors and traders believe that Dogecoin’s rally has started and we could see Dogecoin touching $0.00400 soon.
Founder of the blockchain identity platform Civic and a General partner at Multicoin Capital, Vinny Lingham, said in a tweet that Bitcoin (BTC) will touch $12K this bull run.
He also adds that there is heavy resistance at $12K and if $12K is rejected (likely) then there would be a heavy consolidation around $10K.
Vinny Lingham’s predictions haven’t exactly been on point before. He previously predicted that Bitcoin (BTC) would crash to $1600 but as the markets have shown the Bitcoin bottom was around $3,500.
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