A prominent crypto analyst, Dima James Potts, has set a bold price target of $20 for Dogecoin (DOGE)—a staggering 5,380% increase from its current price of $0.365. While some see this prediction as overly optimistic, others find it compelling given DOGE’s past market behavior.

Dogecoin’s History of Growth Post-US Elections

Potts points out that Dogecoin has historically surged following U.S. presidential inaugurations. In 2017, DOGE witnessed a 30x price increase, and in 2021, it soared by 80x. With the 2025 cycle underway, he suggests that if history repeats itself, DOGE could see a 55x surge, potentially pushing it above $20.