Crypto analysts have shown a positive outlook on Dogecoin's (CRYPTO:DOGE) potential growth, but not all industry experts share this optimism.
Pav Hundal, the lead analyst at Australian exchange Swyftx, expressed concerns to CoinTelegraph, suggesting that aiming for a $1 price target for Dogecoin is speculative and might carry risks.
This divergence in opinion highlights the varied perspectives within the crypto community regarding Dogecoin's future value and its investment viability.
Hundal's cautionary stance suggests that while enthusiasm for the meme-based cryptocurrency is high, the market's unpredictability warrants a careful approach to setting expectations for its price milestones.