The Dogecoin price is back in focus as analysts predict a major rally in the coming months. Some forecasts suggest that the Dogecoin price could hit $1.35 by mid-April, marking a sharp rise from its current $0.2629 price as the crypto market rebounds.

If this happens, Dogecoin's price would surge 400%, reaching new all-time highs. This bullish outlook is also fueling interest in a rising competitor, a real-world asset (RWA) altcoin set for an 800% gain upon listing.

Priced at just $0.011, this rival is attracting investors with its real-world utility and plans to reshape the $300 trillion real estate market.

Past Trends Suggest a Bullish Run for DOGE

The Dogecoin price has historically surged following Bitcoin halving events, often fueled by celebrity endorsements and social media hype. In 2021, DOGE skyrocketed from $0.05 to $0.74 within months.
While the current cycle may not mirror that exact pattern, historical trends suggest DOGE has the potential for another strong recovery in favorable market conditions. Crypto analyst Master Kenobi predicts Dogecoin price could hit $1.35 within 70 days from its February 3rd lows.

This projection aligns with mid-April, a key period marking one year after Bitcoin’s halving event. Previous halving cycles triggered major market upswings, and if history repeats itself, Dogecoin’s (DOGE) market valuation could approach $200 billion in the coming months.