will dogecoin ever reach 50 dollars will dogecoin ever reach 50 dollars

Electronics retailer Newegg recently added dogecoin as a payment option for online purchases. This includes sponsoring the Jamaican Bobsled team to the Olympics, building new wells in Kenya, and sponsoring a car at NASCAR. Dogecoin is on a mission to get to $1, but the times have changed since that mission statement was first issued, and it now remains to be seen if it will ever reach that goal. Maybe. The market value of Dogecoin is currently around $0.45 USD, and for the price to reach $100, it would require an investment of $18 trillion. If Dogecoin were to reach this market cap - the price can be calculated through dividing the market cap (2 trillion) by the supply (128 billion). It was not entirely clear what sparked the surge, but the cryptocurrency was mentioned online this week by some high-profile users, including tech billionaire Elon Musk, the "Wolf of Wall Street" stock trader Jordan Belfort and meat snack company Slim Jim. It lacks hard scarcity. Neil Patel owns Bitcoin. There's a high probability that Dogecoin will reach $1 per coin. Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. Dogecoin is down 5.83% in the last 24 hours. The DOGE price can be highly volatile, even in the context of cryptocurrency markets, as social media communities often drive large spikes in its value and subsequent crashes that generate mainstream media coverage. Invest better with The Motley Fool. While Im not offering financial advice here, all things considered, the short answer is probably, yes. Positive, growing sentiment surrounding the cryptocurrency industry as a whole (in just the past few weeks, DOGE, BTC, and ETH all hit all-time highs), a community of passionate Dogecoin supporters, and plugs from tastemakers like Elon Musk all could drive the price up higher. One phenomenon seen over the years is the correlation between how much a coin is talked about, whether that be measured by mentions on social media or trends on Google, and its price. When Dogecoin hits one dollar, it's sure to break the internet. Eventually, the joke will stop being funny and the project will get delisted and effectively killed by the exchanges. DON'T MISSElon Musk's Bitcoin investment ripped to pieces[REPORT]Where can I trade dogecoin? Dogecoin 1-year price prediction (as of November 25, 2022). At the time of writing, a single dogecoin was worth $0.25, up more than 80 percent in the past 24 hours according to CoinMarkCap data. To make the world smarter, happier, and richer. The one-dollar mark has long been the aim of some members of the Dogecoin community on Reddit, and is becoming a real possibility as this week the price shot up from around $0.13 Thursday morning to around $0.29 Friday morning. Will Dogecoin get capped again? According to the latest Coindesk data at 7.11am BST on Wednesday, DOGE's returns are up more than 13,000 percent on last year's price. In the next chapter of the Reddit stocks . Our algo still sees a some green in 2023, especially in the second part of the year. The Dogecoin price is $0.08, a change of 0.47% over the past 24 hours as of 8:42 p.m. Apple's revenue in the fiscal year 2022 totaled $394.3 billion globally. It has nearly reached .70 now and may easily reach as high as $1 after SNL tomorrow night. In this guide, we will voice our own and markets opinion on DOGE future while discussing Dogecoin price forecast for 2023 and beyond.Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Dogecoin.Now, lets head into it. Lets now take a look at some of the dogecoin price predictions that were being made as of 21February 2023. DOGE holders believe the token featuring a smiling Shiba Inu dog can be pushed up to the 0.72 ($1) mark this year. The meme coin has soared in value thanks to its popularity on social media. The coin will then continue to rise month by month, and the site says that by the time the year finishes, the price could be anywhere between $7.02 and $8.03. Its use case is already taken up by bitcoin and other more serious projects. You were way off on that one. For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. The site's dogecoin price prediction for 2030 said the price could reach $0.88 that year. It worked. Here's a closer look at some of the ways that might happen. 423. Cost basis and return based on previous market day close. When considering a DOGE coin price prediction, its important to keep in mind that cryptocurrency markets remain extremely volatile, making it difficult to accurately predict what a coin or tokens price will be in a few hours, and even harder to give long-term estimates. Next: Apple User Lost $650k In iCloud Crypto Scam. We can confidently say that Dogecoin's price would never rise more than $10/Doge. as following that and our prediction we could see Doge crossing $1 USD probably after mid 2021 or in the beginning of 2022. At the time, many investors were eagerly awaiting the resolution to the question: Will Dogecoin reach $1? While it failed to do so in 2021, it showed that Dogecoin can reach 1 dollar, as long as a strong social media push and a broader crypto market upswing are in play. Alright, now what if Dogecoin could reach the 50 cent price again, what would the market cap be ? In the span of just one year, it became one of the ten largest crypto projects with a market cap of more than $88 billion. Apple finished 2022 with 164,000 full-time employees worldwide. By Sarah Smith, Editor-in-Chief, InvestorPlace.com Jan 28, 2021, 8:13 am EST. Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. So what is the latestdogecoin forecast? But institutional investor in DOGE is comparatively minimal and that is one factor holding it back. Markus and Palmer based the Dogecoin blockchain protocol on the open-source coding of the now-defunct luckycoin cryptocurrency. Musk referred to dogecoin as a hustle, despite having talked it up in previous weeks. The dogecoin news in the wake of Musks takeover of Twitter was initially positive, withthe price rallying to a high of$0.1572 on 1 November before the collapse of the FTX exchange saw it trade at about$0.07665 on 21 November. In February, after Musk tweeted Doge and Dogecoin is the peoples crypto, we saw a 50 percent surge in price. #DogecoinToTheMoon", Another person said: "I feel like an addict checking #dogecoin price every 30 seconds. That's an increase of nearly 1,442% since its . World richest person & owner of Tesla Elon Musk brings Dogecoin into Billion dollar worth crypto. ", The creator continued: "If the world collectively decides they are willing to purchase it for a dollar, then it's worth a dollar. In spite of all this, the one thing that 2022 has already proven is that nothing is certain in the world of cryptos, let alone the world in general. With more than 18.5 million units already mined, a bitcoin scarcity is fast-approaching and investors are rushing to buy while its still cheap (relatively speaking). Just over a week ago, Musk tweeted, "Doge Barking at the moon, which boosted the coins price some more. By Money Morning Staff Reports, Money Morning October 13, 2021 Shiba Inu is up over 300% in less than a month. It is not an offer to buy or sell any security, product, service or investment. ErgMaN_2point0 2 yr. ago. After DOGE climbed to near $0.16 in late October due to Elon Musk's Twitter acquisition, the price has been mainly bobbing around below $0.10 this year, while the price is now facing further losses. Speculators are still majority in the crypto markets and they dont care what they buy as long as they think it will bring them money. Maximum Lengths, Explained, Spotify AI DJ: How The New Feature Works (And Where To Find It), What Happened To Snapchat Games? What started as a joke in December 2013 has grown to become one of the top ten cryptocurrencies in the world based on market cap. ", The professor conceded that it was not impossible, however. Could the price of one dogecoin ever reach $1? With a steady improvement, the price managed to reach $0.003 by mid of February and further declined to $0.0015 by mid-March. The altcoin also got a boost from more businesses accepting it as a payment option. !To the MOoooooooooon. The altcoin has caught the attention of many investors after its market value recently soared past $50 billion, making it bigger than automaker Ford Motor and almost equal to Jack Dorsey-led Twitter (TWTR). Twitter and. Built by software engineers Billy Markus and Jackson Palmer during the early Bitcoin craze and featuring a "mascot" of the then-popular meme featuring a Shiba Inu dog, the coin was originally conceived as a meta-joke about monetary value and the internet. All of this summed up prevents Dogecoin to succeed and rise in price for the long-term. Join the 500.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: So doge would have to grow 5x ETH to hit 10 bucks. It also helped increase awareness of the altcoin, which has risen from unknown to become one of the top cryptocurrencies by market value. Mastercard and Visa are trying to streamline crypto payments on their networks. If Shiba Inu gains 30% a year (assuming a burn of 50% of its supply) it will take 43 years for Shiba Inu to reach 50 cents. We also believe that Dogecoin's market cap would ever reach $1 trillion. These investments simply arent there for Dogecoin. George Retweeted. At the same time, with the nature of cryptos being as unpredictable as they are, the possibility of Doge reaching its $1 moon, and even eclipsing it, remains astrong possibility as well. Let's take a closer look. Everything you need to know, Elon Musk 'wrong' to think DOGE is the 'currency of the internet', DOGE's gains this year are fuelled by hype and speculation, HMRC to demand cryptocurrency holding data from taxpayers. An Amazon endorsement would generate an even much bigger boost to the meme cryptocurrency. Will Dogecoin Reach $1? While the dogecoin predictions from the likes ofDigitalCoinPriceareoptimistic, sites likeWalletInvestorare more gloomy. DOGE was trading down around $0.30 by the end of May 2021, defying the most bullish dogecoin prediction for the price to exceed $1. While the potential is there for a major price rally, others say that it is still unlikely that dogecoinwhich was initially launched as a parody of digital currencies using a Shiba Inu dog meme as the face of the brandcan technically reach $1. This lack of a supply cap is one more reason why some people are skeptical of the cryptocurrencys massive rally and worry that people buying it will ultimately lose big. Dogecoin (DOGE) talk is all over the placeon Reddit, on Twitter, and even established analysts are weighing on it on financial media. Dogecoin price reached an all-time high of $0.45 in April 2021. It has a huge community and it has huge support from Tesla CEO Elon Musk. Dogecoin is designed to inflate, with 5 billion coins being added to the 100 billion surplus each year.This allows Dogecoin to be spent more liberally, without hoarding from early adopters that speculate its asset value from its limited supply. I WISH I would have bought DOGE at .04! But that might not happen very soon, especially not if the crypto winter persists. End of 2024 - Dogecoin's surge to $0.60 should make numerous investors FOMO and eager to get into the market before the coin . The foundation was later dissolved, but it relaunched in 2021 as the coin attracted new investors and the price soared. But Dogecoin is unique, and being in a category all on its own, a more all-encompassing assessment requires one to look at other less-traditional influencing factors. The usually conservative Walletinvestor predicts $0.37 price for DOGE in 2022 and $0.55 in 2025. It has also inspired thousands of other meme coins. ; Aragons; Azrbaycanca; ; Bn-lm-g; ; ; Catal; etina; Dansk; Deutsch; As a cryptocurrency that has utility, strong branding, and is cheap enough for regular folks to afford a single unit of, Dogecoin may prove to be a force to be reckoned with. Check out what's holding Dogecoin back of late and whether Dogecoin has a path to . Dogecoin's 10,000 Rule Currently, miners earn 10,000 DOGE per block, which happens about once per minute. But remember, the cryptocurrency industry is still young and volatile, and due to Dogecoin having a weak use case and no supply cap, while the numbers may be looking good now, it could easily go the other way. Inflation might also slow dogecoin rise to $10. Whether Dogecoincan bounce back enough to finally reach the Moon is unknown, though the possibility shouldn't be ruled out. Last week, in a significant move for the industry, crypto trading platform and exchange Coinbase fetched an $85 billion valuation in its stock market debut. So it's clear Dogecoin is having a moment. (More on that a bit later). Its price performance at the time also helped other meme coins, especially Shiba Inu (SHIB). After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. The whole crypto world is on a verge of a complete breakdown. Since 2021, crypto market continues to have bull run, as Bitcoin breaks $20k resistance level and heading to reach $100k USD. Even during the height of meme-stock mania at the beginning of 2021, it still was a long way off. Will Dogecoin hit 50 dollars? The global GDP is . Our forecasting model sees Dogecoin reaching $0 in 2040. To reach $100 by 2030, then, there would have to be $18 trillion invested in Dogecoin. Since there's no supply limit, the only way for Dogecoin to reach $1, or go beyond, is when there's a considerable difference in the amount of money being injected and the coins being mined. Dogecoinskyrocketed almost 12,000% from the start of 2021 up until the beginning of May, when it hit an all-time high of $0.74. ", Potts elaborated: "The limiting factor is that if the price does start to rise considerably (i.e. Also, many long-term crypto price predictions are made using an algorithm, which means that they can change at a moments notice. More info. What has propelled blue-chip cryptocurrency bitcoin lately is uptake by big investors. as we know Elon musk has huge fan following with over 45 million active followers on twitter that must be the reason why one tweet changing momentum of DogeCoin. 2023 Capital Com Online Investments Ltd, losed Joint Stock Company FinTech Solutions. DOGE returned to the headlines in September 2022 as an amended lawsuit against Tesla (TSLA) CEO Elon Musk filed in a New York court added seven new investors as plaintiffs, as well as six new defendants, accusing them of racketeering. Apple User Lost $650k In iCloud Crypto Scam, How Long Are Instagram Story Videos? It is unreasonable to expect a long-term Dogecoin survival if that is the only hinge for the project. One of the reasons Dogecoin and other cryptos have suffered in recent months is the instability of the market in general. This gave the coin a market cap of around $11.5bn, making it the 10th largest crypto by that metric, according to CoinMarketCap. Of course, the predictions vary, with some experts believing that the $5 milestone might be achieved as soon as 2022, while others say it won't happen until at least 2030. eToro - Best Exchange To Buy Dogecoin This is just how markets work. Some argue that Dogecoin does not stack up when compared to tried and tested digital currencies like Bitcoin. Wallet Investorhad a rather gloomy DOGE price prediction, suggesting that it could drop to$0.00699by 21February 2024. So investors should be prepared to make losses and never purchase more than they can afford to lose. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Could Dogecoin Help You Become a Millionaire? At the end of December 2019, Dogecoin was trading at $0.0020. The price then steadily rose in the first few weeks of the year. There is a crazy excitement [from] very young investors around meme coins and meme ideas. Unlikely, but who knows. Even though Dogecoin remains a popular coin in general, it is likely that the increased level of competition could complicate matters for Doge, potentially slowing down its growth and value. Dogecoin price analysis shows that the coin was relatively stable from 2013 until the cryptocurrency markets took off in 2021. Should it? Related: Does SpaceX Have Its Own Cryptocurrency? Due to the exponential nature of the network effect, which is the main driver of Dogecoins price, it is possible for Dogecoin to reach ten dollars. Capital Com Online Investments Ltd is a Company registered in the Commonwealth of The Bahamas and authorised by the Securities Commission of The Bahamas with license number SIA-F245. How high can Dogecoin price go? The first of the dog-themed meme coins, DOGE was originally launched in 2013 by software engineers Billy Markus and Jackson Palmer, who worked at IBM (IBM) and Adobe (ADBE), respectively, as a satire on the proliferation of alternative coins (known as altcoins) attempting to ride on the success of bitcoin (BTC). 583. Keep track of your holdings and explore over 10,000 cryptocurrencies. Can Dogecoin, valued at more than $19 billion and now the world's 12th-most valuable cryptocurrency (as of Jan. 10), eventually hit $1 per token? This would be less than 50% higher than the all-time high of about $0.70 per DOGE. The live Dogecoin price today is $0.075808 USD with a 24-hour trading volume of $552,330,883 USD. Even high-market-cap cryptocurrencies have proved vulnerable to the current bear markets. Oluwapelumi is a firm believer in the transformative power blockchain and crypto industry possesses to change the global financial landscape. GME's spike was fuelled by short-sellers being forced to cover their positions as the stock's value rose instead of tumbling but it gave hope to other traders looking to make money this year. Bitcoin's current price is $60,000/coin, whereas Dogecoin is trading at $0.60/token. No, our prediction model sees no possibility for Dogecoin to reach $10 in the short or mid-term period. At the recent peak, it was worth more than 75 cents and the market cap more than $80 billion. The meme-based cryptocurrency became valued at $69 billion, which made it . Dogecoin is slowly dropping below the market cap positions it was in 2017, with no particular interest and real world use cases in sight, aside of sporadic utility in charity tipping. The spike followed Coinbase IPO that generally boosted cryptocurrencies across the board. CaptainAltcoin.com does not offer any sort of financial or investment advice. Broadly echoing Markus, he said buyers and sellers will determine its value: "Markets reflect value, so if someone is willing to buy a dogecoin for $1, then that is what it is worth in exchange. Dogecoin, a cryptocurrency that takes its name and logo from a Shiba Inu meme that was popular several years ago, doesn't have a cap. Dogecoin price forecasts vary but they generally lean bullish. Doge price may increase in the upcoming months. In this video, I discuss what needs to take place in order for Dogecoin to reach new heights and maintain them as well. In January, Reddit-based retail investorsthose who use their personal money to buy sharespoured funds into "meme stocks" such as GameStop (GME), and AMC in an attempt to disrupt U.S. hedge funds and corporate short sellers. we know Dogecoin worth depending on meme and Elon musk exactly doing same with creating memes. The price of meme cryptocurrency Dogecoin may continue to rise and could eventually hit $1, its creator and co-founder Billy Markus has said. While it's fair to say that anything is possible in the cryptocurrency world, the likelihood of Dogecoin reaching $1 is pretty slim in my opinion. So far this . And ETH is the runner up at 240-ish Billion. The boost also came as cryptocurrency exchange platform Coinbase became the first of its kind to go public in the U.S., shining a spotlight on the fintech industry. Making the world smarter, happier, and richer. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. The foundation is led by members of the original development team as well as advisers, core developer Max Keller, Ethereum (ETH) co-founder Vitalik Buterin, and Jared Birchall, representing Elon Musk. SecuX V20 & W20 Review Is This Hardware Crypto Wallet Safe & Legit. Dogecoin, a meme-inspired cryptocurrency that was started as a joke in 2013, is now worth more than $10 billion after a gravity-defying year-to-date rally of 1,500%. But that might not happen very soon, especially not if the crypto winter persists. If we are honest, Dogecoin had its zenit and it is all downhill from now on. But the possibility of hitting $10 still seems way into the future. For comparison, at the start of April, DOGE was trading for 0.036 ($0.05). BingX Review Is BingX.com Copy Trading Any Good? Additionally, having Dogecoin's merits heavily influenced bywhat Elon Musk tweetsat any given moment doesn't really make for a good investment case. at any given moment doesn't really make for a good investment case. Dogecoin price prediction is expected to stay strong and head towards its first $1 mark towards the end of 2021. Retail investors, who are easily swayed by what they see or hear on social media, will flock to Dogecoin in order to get rich quick. So, although Dogecoin has reached 50 cents per coin before when many people didn't think it would, with the . however, investor started holding and buying more coin that drafted doge to the moon. Redditors are determined on Thursday to take meme-worthy Dogecoin above $1. now we have question that Can Dogecoin keep surging to reach $1 USD or even $1000?. And earlier this week, Venmo (owned by PayPal) announced its more than 70 million customers can now buy Bitcoin, Ethereum, Litecoin, and Bitcoin cash for as little as $1. Why is Dogecoin worth what it's worth right now?It is for the following reason:Why not? We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. Elon Musk once predicted that Dogecoin would be the currency of the world (and Mars). And it won't stop there. Launched in 2013, there are now 100 billion Dogecoin in. Serum price being one of the prime competitor to Shiba Inu. Doge May Reach $1 Towards the End of 2021. Since its creation in December 2013, it has risen 42,000% in eight years, so. Most Dogecoin predictions are bearish. The big break for Dogecoin came in 2021 when its price increased by roughly 3,000% over the course of the year. But most importantly, the total supply of Dogecoin makes it possible for the token to reach $1 faster than Shiba Inu or any meme coin, for that matter. Fans of the altcoin are trying to get Amazon to to accept it. Long-time DOGE holders who adopted the token in its infancy have already enjoyed spectacular gains this year and have broken the 0.36 ($0.50) barrier on Tuesday. The only coin to hit that market cap is BTC, obviously. In order for Dogecoin to reach this level, a massive . His companies accept Dogecoin for merchandise, and he has promoted it several times. 306. This feature has led some in the crypto space to dub Bitcoin as digital gold.. Mr Fiery tweeted on Monday: "To the MOON! In the world of cryptocurrency valuations, I would say, historically the question is less about 'why?' Buy These 2 Stocks in 2023 and Hold for the Next Decade, Warren Buffett's Latest $2.9 Billion Buy Brings His Total Investment in This Stock to $66 Billion in 4 Years, Prediction: These 3 S&P 500 Stocks Will at Least Double in 7 Years, Can Dogecoin, valued at more than $19 billion and now the world's 12th-most valuable cryptocurrency (as of Jan. 10), eventually, Additionally, having Dogecoin's merits heavily influenced by. According to the foundations website, it aims to provide: Support for the dogecoin cryptocurrency through development and advocacy, Dogecoin trademark defence to prevent abuse and fraud. The $258bn lawsuit was filed in June by investors who have lost money on the token, arguing that the defendants profited tens of billions of dollarswhile knowing that the value of dogecoin depended solely on marketing. There were even some reports the value was closer to $0.19, as I explained for the Deseret News. DOGE started the year at $0.1705 and moved up to $0.2032 on 14 January, but then sold off to $0.1272 on 24 January. Dogecoin isn't capped at a certain amount of coins like Bitcoin's famous 21 million supply. Elon musk continue to express his love for meme based Crypto i.e., Doge and investor keeps investing in. We update our DOGE to USD price in real-time. Furthermore, because there isn't much in the form of real-worldutility andno fundamental catalysts, it is impossible to even remotely predict the chance of price appreciation. After all, the coin was worth only $0.005 on January 1, 2021, and $0.1715 by December 31. Every $1 increase in the Dogecoin price would necessitate an additional $180 billion in 2030. For some perspective: the market cap of the second-largest cryptocurrency, Ethereum (ETH), is currently $280 billion, and the market cap of the leading cryptocurrency, Bitcoin, is hovering around $1 trillion. Dogecoin has had a robust community behind it since its early days. No, Dogecoin will not replace or overtake BTC. Will it rise? Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. The Doge Day 4/20 event that fans had hoped would help drive the tokens price to $1 turned out to be underwhelming as the price actually fell. Most famously, a concentrated effort by Reddit-based traders pumped the share prices of Gamestop (GME's) from just 14.40 ($19.94) on January 11 to as high as 234.67 ($325) just 18 days later. To reach $100 by 2030, Dogecoin would need to have $18 trillion invested in it. CoinCodex is a cryptocurrency data website that tracks 23389 cryptocurrencies trading on 420 exchanges and provides live crypto prices. Reasons for Dogecoin to go up and rise in price are scarce. Geopolitical tensions, concerns over inflation, shortages, and other factors have all contributed to a situation where investments of all kinds have been impacted. However, a major one is a seemingly ever-increasing positive cryptocurrency industry sentiment and, in turn, increasing prices of the coins themselves. | BTC Price Analysis, Laxmi Coin Price, Launch Date, ICO, How to Buy Laxmi Cryptocurrency, Pi Network Price Prediction 2023, 2025, 2030, 2040, 2050, Bittorrent (BTT) Coin Price Prediction 2023, 2024, 2025, 2030, 2050, Cardano (Ada) Price Prediction 2023, 2025, 2030, 2040, 2050, Bitcoin SV (BSV) Price Prediction 2023, 2024, 2025, 2030, 2050, Maker (MKR) Price Prediction 2023, 2025, 2030, 2040, 2050. Now, there is no category that would gain at 30% per annum for 40 years in a row. Dogecoin still battling for 10th position with stellar, Uniswap and Chainlink, as of writing it currently holding 8th position with 1.07 Billion totals worth. Also, considering that the coin has made roughly 5,000 percent gains in the past year, its not ridiculous to assume that the coin could triple in value (or more) in due time. Dogecoin (DOGE) showed an amazing progress back in September when the coin was able to collect major gains due to the Dogethereum demo hype. A look at the 4-hour chart of Dogecoin (DOGE) reveals that the price formed a bearish chart . "I can't pass up a good bargain," Contessoto said. Dogecoins prices have rallied in 2021 for several reasons. Dogecoin price: How many Dogecoin tokens are there? DOGE dropped to $0.1107 on 13 March before making another attempt at the $0.17 level on 5 April. We do not see a bright future for Dogecoin. In the long-term (8-10 years), it will most likely drop to 0 or thereabouts. Apple's subscription services generated $78.13 billion in 2022. The DOGE price was only 0.070 US dollars at the turn of the year 2022 / 2023. Markus added: "At this moment , many people will trade you a dime and two pennies for it, and you can directly buy from any number of merchants who integrate BitPay or Crypto.com payment platformscompanies like [computer and electronics online retailer] Newegg, [NBA team] Dallas Mavericks, etc. F or several analysts, there is a high probability that Dogecoin will reach $1 per coin. Dogecoin's $1 target edging closer as traders rally to push DOGE up, Dogecoin price makes explosive return as Elon Musk drops hint, Dogecoin prices have surged to record highs on Tuesday. Im ALL in at .051 YIKES!!!! This is due to many reasons that we havediscussed in a previous article. However, always remember to do your own research. Dogecoin's bull run through the crypto markets is showing no signs of slowing down, with the memecoin breaking new records this week. Lets Get @amazon To Accept #DOGE https://t.co/llxEFwUdOQ. Offers may be subject to change without notice. How high will dogecoin go? According to our long-term forecasts, Dogecoin will reach $0.12 by the end of 2023 and $0.21 by the end of 2025. So will Dogecoin reach $1? As of9 Februsry 2023, the cryptos price stood at about $0.088,having fallen nearly 90% since its all-time high of $0.7376 in May 2021. CoinPriceForecast was far less bullish in its DOGE coin price prediction. At a price of 72 ($100), Dogecoin's market value would be in the trillions - comparable to the world's biggest GDPs. Every $1 that the Dogecoin price were to increase would require an additional $180 billion in 2030.