Crypto analyst Stephan Burns believes Dogecoin is approaching a structural breakout that could take it to the $1 threshold. He cites a "perfect storm" of monetary design, market structure, and rare astrological alignments as the reason. Burns argues that Dogecoin's fixed issuance and inflation rate make it a better currency than Bitcoin, which will eventually rely on transaction fees to maintain its network. He also claims that Dogecoin's governance is harder to co-opt than Bitcoin's, making it "the people's currency." Burns believes that Dogecoin's natal chart is under exceptionally favorable transits, which historically correspond to phases of visibility, capital inflow, and wealth symbolism. He links these internal transits to a broader macro cycle, which reinforces the plausibility of another speculative wave. A logarithmic review of Dogecoin's price history shows three prior parabolic expansions, and Burns believes the current basing structure could precede a fourth. He predicts that a Dogecoin exchange-traded fund will get approved, placing the asset in the spotlight. Burns contrasts Dogecoin's relative resilience on its Bitcoin ratio with altcoins that have reverted to prior ranges, supporting his thesis. He reiterates the "inevitability of Dogecoin going to $1," framing that level as the maximal target in his public analysis for the forthcoming cycle.
newsbtc.com
newsbtc.com
bsky.app
Crypto News on Bluesky @crypto.at.thenote.app
Create attached notes ...
