Dogecoin has gained significant cultural and political relevance recently, altering perceptions about its potential. Following a sharp increase in value during the recent US election cycle, experts like Thomas Bautista from GSR highlight that Dogecoin has moved past previous patterns of temporary spikes driven by news cycles, particularly those influenced by Elon Musk. Bautista emphasizes that the ongoing attention and dynamic narrative surrounding Dogecoin suggest a higher price ceiling. Ryan Rasmussen from Bitwise anticipates that Dogecoin could surpass its prior all-time high of $0.73, especially leading into key political events such as President-elect Donald Trump's inauguration. Though there are optimistic projections, analysts warn that while the coin might see sustained interest and a higher ceiling, its long-term sustainability remains a question.

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