Crypto trader Kaleo (@CryptoKaleo) recently tweeted about the possibility of Dogecoin (DOGE) receiving a price pump tomorrow. Kaleo pointed out that April 20th, also known as 4/20 in the DOGE community, may see a meme pump for the coin, similar to what has happened in previous years.
4/20 is only two days away
still think there’s a chance we see a meme pump for DOGE pic.twitter.com/0jo470hEqd
— K A L E O (@CryptoKaleo) April 18, 2023
It’s widely believed that the price pumps on April 20th are a result of Elon Musk’s influence on the DOGE community. Musk, also known as the DogeFather, has been known to reference the date in a satirical nod to his appearance on The Joe Rogan Experience, during which he smoked weed and caused an investor frenzy.
dogecoin price prediction tomorrow
At the time of writing, DOGE is trading at $0.09299, with a 24-hour gain of 0.03%. Its weekly performance currently stands at a positive 13.59%. Although DOGE recorded a 1.30% gain against Ethereum (ETH) in the last 24 hours, it failed to do the same against Bitcoin (BTC), with a current drop of 1.25%. DOGE is currently trading close to its 24-hour low of $0.09195, with its daily high at $0.09449.
As with any cryptocurrency, the future price of DOGE is difficult to predict. However, given the potential meme pump tomorrow and the coin’s history of price pumps on April 20th, it will be interesting to see how DOGE performs in the coming days.
