Prominent trader IcedKnife thinks DOGE could hit $1

According to CryptoPotato, well-known trader IcedKnife told his 300,000 followers on social media X that DOGE looks to be the most obvious buy and hold strategy in the meme currency market. He further suggested that the asset could reach new heights during this cycle, with $1 being a "very likely" price target for DOGE. IcedKnife’s comments come after DOGE broke above $0.22 last week, a price not seen since November 2021. However, as of today (April 3), DOGE has fallen back to $0.18, which seems consistent with most cryptocurrencies being in the red. Ali Martinez, another well-known analyst, echoed similar sentiments, reminding traders that while new entrants to the market like dogwifhat (WIF) or Bonk (BONK) are making headlines almost daily, DOGE remains It is the most important Meme coin on the market. Additionally, Martinez said DOGE is mirroring the 2018-2021 cycle, and if so, it could be on the verge of a "massive parabolic bull market."