Cryptocurrency analyst compares DOGE to dot-com bubble, predicts Bitcoin to hit $175,000 - $350,000 by 2025.

From Investing.com

January 6, 2025 1:30:21 PM:

Bloomberg Intelligence’s Mike McGlone warns of 2.4 million “Bitcoin wannabes”, including Dogecoin, likening them to the dot-com bubble. Dogecoin competes with Bitcoin, boasting a market cap of $68 billion and unlimited supply. McGlone predicts Bitcoin to reach $175,000 – $350,000 by 2025, urging investors to save in BTC, silver, and gold to weather market crashes. Bitcoin price currently hovers above $101,000 after overnight gains.

Read more at Investing.com: Mike McGlone Likens DOGE And ‘Unlimited Supply Cryptos’ to ‘Dot-Com Bubble’ By U.Today