Dogecoin Price Prediction 2024 – 2025: Will DOGE Prices Top $1 With This Break?
The post Dogecoin Price Prediction 2024 – 2025: Will DOGE Prices Top $1 With This Break? appeared first on Coinpedia Fintech News
Story Highlights- Dogecoin price may reach a maximum of $0.3392 by the end of 2024.
- With a potential surge, DOGE price may achieve its $1 mark by 2029, with a potential high of $1.19 for the year.
- The price of Dogecoin today is $ 0.18457726.
With the crypto market gaining momentum with a boost from the U.S. markets, the meme coins are gearing up for a massive jump. Dogecoin (DOGE), the biggest meme coin as per market cap, is showing signs of a rapid recovery.
With its price action mimicking that of a previous bull run, the sideline traders anticipate a high momentum breakout rally ready to spawn.
Ready to explode in 2024, the DOGE price action teases a lightning-fast move to cross beyond the $0.10 mark. Moreover, with the Dogecoin community being active at lower levels, the meme coin is on the verge of making new meme coin millionaires.
On the other hand, the deep corrections over the years bring too many questions like: “Is Dogecoin dead? Will Dogecoin go up? Is Dogecoin a good investment? Or Will Dogecoin recover?”
To clear such doubts, we bring Dogecoin price prediction for 2024-2025. Let’s take a look at this well-researched and detailed DOGE price prediction for the upcoming moves.
Table of contents- Story Highlights
- Overview
- DOGE Price Prediction April 2024
- Dogecoin Price Prediction 2026 – 2030
- Dogecoin Historical Market Sentiments
- FAQs
1.46% Market Cap $ 26,511,899,828.9499Trading Volume $ 3,379,411,039.0829Circulating Supply 143,635,786,383.7052All-time High$0.7376 May 08, 2021All-time Low$0.00008547 May 07, 201524 High $ 0.189724 Low $ 0.1740
What’s New With Dogecoin?
- Dogecoin was launched in December 2013, following the massive success of Bitcoin.
- It reached a high of $0.7605 in 2021, proving extremely profitable for early investors and miners.
- Robinhood’s Crypto Wallet Integration: Robinhood has added support for Chainlink in its crypto wallet. This move is expected to increase the accessibility and adoption of Chainlink among Robinhood users.
- Dogecoin’s DRC-20 Token Introduction: After the introduction of DRC-20 tokens, Dogecoin’s daily transaction volume reached an all-time high.
The bullish reversal in the DOGE price surpasses the 23.60% Fibonacci retracement level, signals a revival in the underlying demand. Further, with a trend reversal visible in the weekly chart, the meme coin is heading to higher levels, and potentially surpassing the $0.20 mark.
With a 14% jump last week and a 4.36% rise in the first half of this week, the SHIB price offers a breakout entry opportunity. Considering the uptrend sustains above the 23.60% Fib level this week, a bull run to the 38.20% level at $0.25 seems feasible.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)April 2024$0.15$0.175$0.20 Dogecoin’s Price Forecast 2024Following the strong ending to 2023, the dog-themed meme coin takes a U-turn from the $0.10 mark. Further, turning the tides to the bearish side, the ongoing correction in the DOGE price breaks the rounding bottom pattern and teases a downtrend continuation.
With huge bearish candles in the weekly chart, the buyers fail to find a strong footing for a reversal spot. However, the recent Doji formation in the daily chart teases a potential morning star possibility.
Assuming that the buying pressure revives with a morning star, the reversal rally may soon reach $0.3392. However, on the flip side, a bullish outcome can retest a crucial mark of $0.10.
Dogecoin Price PredictionPotential Low ($)Average Price ($)Potential High ($)20240.05740.19830.3392 DOGE Price Prediction 2025If the fear of missing out (FOMO) on Dogecoin continues to grow and if the coin is promoted by influencers, then its price could reach $1.07. However, if Dogecoin cannot maintain its current growth rate, its price will likely average out at $0.845 in a highly competitive market.
On the other hand, if Dogecoin fails to stay relevant in 2025, the price of DOGE can plunge to $0.62.
Price PredictionPotential Low ($)Average Price ($)Potential High ($20250.620.8451.07Also Read: Worldcoin Price Prediction 2023 – 2030: Will WLD Price Surge Above $10 by 2025?
Dogecoin Price Prediction 2026 – 2030 YearPotential Low ($)Potential Average ($)Potential High ($)20260.81.051.320271.0531.31051.56820281.3491.6581.96720291.5912.11552.63420302.522.77753.035 Dogecoin price prediction 2026:Dogecoin’s price for 2026 is projected to range between $0.8 to $1.3, with an average price of approximately $1.05.
Dogecoin price prediction 2027:Dogecoin’s price for 2027 is expected to fluctuate between $1.053 to $1.568, with an average price of around $1.3105.
DOGE price prediction 2028:Dogecoin’s price for 2028 is anticipated to lie within the range of $1.349 to $1.967, with an average price of about $1.658.
DOGE price prediction 2029:Dogecoin’s price for 2029 is projected to vary from $1.591 to $2.634, with an average price of roughly $2.1155.
DOGE price prediction 2030:Dogecoin’s price for 2030 is expected to fluctuate between $2.52 to $3.035, with an average price of approximately $2.7775.
Dogecoin (DOGE) Price Prediction 2024 – 2030
Market Analysis
20242025Gov.Capital$0.3208$0.437DigitalCoinPrice$0.19$0.26Trading Beasts$ 0.158324$ 0.093692
CoinPedia’s DOGE Price Prediction
The fact that Marketers are quite optimistic about the project and celebrities hopping legs. Can drive Dogecoin’s price to a value that everyone would be in awe of. According to CoinPedia’s formulated Dogecoin price projections for 2024, if the trading volume of Dogecoin rises further to support the bounce back, then we can expect the DOGE price to surge to $0.3392 as the year ends.
On the other hand, if the market is hit again by external forces like regulations or negative statements by influencers. Hence, the meme coin might trade at a potential low of $0.0574.
We expect the DOGE price to reach a new swing high of $0.3392 by the end of 2024.
Price PredictionPotential Low ($)Average Price ($)Potential High ($)20240.05740.19830.3392 Dogecoin Historical Market Sentiments
Trading View
FAQs
Is Dogecoin a good investment? Yes, Dogecoin might definitely be a good investment, if you are looking to invest for the long term.
Will Dogecoin hit $5?Dogecoin will likely reach $5 in the next decade.
How high can the DOGE price go by the end of 2024?The price of DOGE could possibly claim the $0.3392 mark by the end of 2024
Is Dogecoin dead?No, Dogecoin is not dead right now, the peaks and troughs are normal in the cryptocurrency industry. Major announcements and happenings will eventually drive the price.
Will the Dogecoin price hit $1 in 2025?According to our DOGE price prediction, the meme coin might hit a maximum of $1.07, by the end of 2025. With a potential surge, the price may go as high as $3.035 by the end of 2030.
What is Dogecoin used for?Dogecoin was developed as a digital form of payment system, similar to that Bitcoin or Litecoin.
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