How Dogecoin Could Reach $ 1, According To Matt Wallace

Matt Wallace is as close as possible to a “Dogecoin expert”. On his YouTube channel Final Stand, Wallace covers everything under the moon when it comes to Dogecoin (CRYPTO: DOG).

The channel has nearly 250,000 subscribers, and Wallace also has more than 200,000 followers on Twitter with whom he has interacted Tesla Inc (NASDAQ: TSLA) CEO Elon Musk.

What happened: Wallace was featured in Benzinga’s Power Hour earlier this year. where he set an ambitious Dogecoin price target of $ 1.

Benzinga went with Wallace this week to see if his views have changed.

“If you look at the metrics behind the scenes, you can see that a lot of the energy that comes in on this final run is from other countries,” said Wallace.

“Many of the past runs have been primarily and almost entirely responsible for most of the major action in the United States,” he added. “This time around, Binance is playing a bigger role, and this is one of the top exchanges in the world. [It’s] not that popular in the US, which means we are now seeing that markets are likely to begin in Asia and Europe to really move to accumulate more Doge which I think will lead to the next big spike. “

With a larger international base, Dogecoin has a higher chance of hitting that elusive $ 1 mark this time around, Wallace said.

There are other catalysts too, as he noted, like a Dogecoin flying to the actual moon and a billboard in space.

“My price prediction for Doge is that we will absolutely exceed $ 1, I still think that’s inevitable,” Wallace said.

“It takes a few things to run right, but at least if it doesn’t go fast, when we see a physical Dogecoin being placed on the physical moon, up to the space billboard, all of this will lead to the Move price up. If it doesn’t happen quickly, it will happen at some point. “

Dogecoin was trading at around 30 cents at the time of going to press. According to CoinDesk, the all-time high of the cryptocurrency is 74 cents.

Many investors around the world are hoping that Wallace is right and that Dogecoin will one day hit $ 1.

See also: How to Buy Dogecoin (DOGE)

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