Three months ago we were shocked by what happened to Dogecoin, suddenly the selling price rose so rapidly from the previous purchase price, this shows that there are events that people cannot predict regarding the condition of the altcoin itself, even though there was an increase in the price of Dogecoin at that time. , there is speculation from Elon Musk.
At least that's a solid reason why Dogecoin is rising so fast at a fairly high price, even though the main evidence hasn't been met for the actual occurrence.
Nowadays people are again hoping that other altcoins can follow in his footsteps, but there is no guarantee if we look at the current market conditions.
Which altcoin has the greatest chance of emulating Dogecoin's current state, is there any chance that other altcoins could take advantage of this in the future?
It's always possible that we see those promising altcoins as long as their community supports every developments in order to make their coin productive in terms of demand. Pertaining to dogecoin, there's a huge potential that it will reach the most profitable value this year and so on. As Bitcoin recovery takes place, doge also started going up and I think Elon Musk has big contribution on this situation.
To add up a good perspectives, I am also looking forward to see xrp and bnb as potential rising coins not just 2021 but also next year.