Dogecoin is about to increase by 91% if price history doesn't lie.

The most popular meme cryptocurrency, and perhaps the Dogecoin (DOGE), is on the verge of an astonishing 91% price increase in January. According to data from CryptoRank, the average profit of DOGE in January is 91.5% with over 10 years of data. The interesting thing is, although Dogecoin was created in 2013, its highest profit in January was in 2021, when the price of this meme coin skyrocketed by 711.5%. However, afterwards, DOGE was not very optimistic as the price decreased by 2 and increased by 37.2% in 2023.

However, a broader picture shows that only five out of eleven January closed in the green, and based on current statistics, the likelihood of DOGE dropping in January is higher. The average profit level of Dogecoin also indicates this, as it is -7.95%. So, there are really two different paths for DOGE in January at the current time. Ethereum To Rescue To support the potential price increase of DOGE in January, the price history of Ethereum and other major alternative cryptocurrencies signal the possibility of an upcoming altcoin season. According to data, Ethereum has experienced consecutive months of average and positive profit - lasting from January to May. Moreover, the lowest median profit during this period for ETH remains at 12.1%. If Ethereum finally proves its strength and launches the long-awaited altcoin season, it is clear that DOGE may follow suit. In this scenario, the forecast for Dogecoin’s price growth will not be limited to January. However, first let’s see how the first month unfolds. DYOR! #Write2Win #Write&Earn $DOGE {spot}(DOGEUSDT)