Dogecoin Skyrockets Ahead of SNL: Analyst Commentary

Dogecoin Skyrockets Ahead of SNL: Analyst Commentary

With interest in Dogecoin skyrocketing, fueled by speculation that Elon Musk will partake in a skit involving the cryptocurrency on Saturday Night Live (SNL), below is a commentary from Jesse Cohen, senior analyst at

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Predictions For Dogecoin Ahead Of SNL And Beyond

"We see a greater likelihood that Dogecoin will reach the $1-mark in the coming days, with probability rising for DOGE to rally to as high as $5 later in 2021 amid soaring social media interest.

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"Dogecoin mania has shown once again the power of the retail crowd. Growing acceptance by retail traders and mounting support from high-profile billionaires will continue to add to the legitimacy of the meme cryptocurrency.

"With Alt-Season approaching, we expect money to flow out of the expensive large-cap coins and into the smaller alt-coins still trading in the single-digits."

Jacob Wolinsky is the founder of, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at) - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver
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