Efe Zor (@zorefe.bsky.social)

Dogecoin Price Vs. M2 Global Money Supply: The Trend That Points To $1 And $100s Of Billions In Market Cap A new analysis suggests Dogecoin is in a powerful bullish setup, driven by trends in the M2 Global Money Supply. Charts reveal a strong correlation between Dogecoin's price and the expansion of M2 liquidity. This suggests the meme coin could soon surge towards the $1 mark. Currently trading around $0.25, a rise to $1 would represent a 289% increase. The analyst bases this projection on liquidity cycles, where increased global money supply often benefits risk assets like cryptocurrencies. Dogecoin's historical price action has mirrored these macroeconomic liquidity waves. The analyst believes Dogecoin could experience a significant pump unexpectedly, potentially leading to explosive rallies. Beyond this, a long-term technical analysis indicates a potential rise in Dogecoin's market capitalization to hundreds of billions. This projection stems from the completion of a bullish Cup and Handle formation. Dogecoin has already successfully broken and retested a key resistance level. This technical validation sets the stage for a potential "DOGE season," with market cap goals approaching $100 billion. Such a move would place Dogecoin among leading altcoins. https://www.newsbtc.com/news/dogecoin/dogecoin-vs-m2-global-money/