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Will Dogecoin rise again?
The panel average, which puts the dogecoin price at 42 cents at the end of 2021, sees dogecoin hitting $1.21 by 2025 and $3.60 by 2030 though the experts are starkly divided with some confident the meme-based cryptocurrency will soon crash to zero and others forecasting a huge rally to $10 per dogecoin.
Will Dogecoin go up to $1?
By the end of the year 2030, there will likely be about 180 billion DOGE circulating. For the price of DOGE to reach $1 by that time, the market cap of Dogecoin would have to be $180 billion. To reach a valuation of $1 per coin, the market cap of DOGE would have to more than triple, rising by more than $80 billion.
What is the prediction of Dogecoin?
As per the Dogecoin price prediction 2022, the price of Dogecoin (DOGE) might trade above $0.33 by the end of year. The predicted high for 2022 might be around $0.336, and on the downside, the low might be around $0.28.
Should you invest in Dogecoin?
Decentralized,seeing how a bank or government doesn’t issue it or back it
How high can Dogecoin go?
Reddit users suppose Doge to become the currency of the internet. So it can definitely go higher than $10. Is Dogecoin Dead? According to Reddit, Dogecoin stays solid on its paws.
What is the future of Dogecoin?
Dogecoin Lacks a Strong Investment Thesis. If I do ask a Dogecoin investor on the reasons for the rally,the most probable answer is the backing by Elon Musk.
Will Dogecoin go up?
Dogecoin’s price will never go up unless institutional money flows into it. Most of the big banks, hedge funds, and companies only buy Bitcoin. Tesla bought Bitcoin even though Elon Musk is the biggest proponent of Dogecoin. According to the Federal Reserve, the top 10\% rich in this country controls 70\% of the wealth.