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Listing on additional exchanges, especially the coveted Coinbase, would be a major catalyst for the price to rise. Inflation and Influencers: How Investors Can Send Dogecoin to $10 - Insider DOGE is 69 cents right now. If it can grow that fast in a year, nothing is stopping it from reaching $1. Dogecoin price: How many Dogecoin tokens are there? Our algo still sees a some green in 2023, especially in the second part of the year. DOGECOIN traders have rallied once again this week, pushing the meme token past the 0.36 ($0.50) level - but what are the chances of DOGE reaching an even more astronomical 72 ($100) price? Dogecoin prices have broken through the $0.50 level but will they go higher? This would be less than 50% higher than the all-time high of about $0.70 per DOGE. The community has launched several campaigns to drive up the price. As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. 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. Although DOGE started as a jokeit soon gained popularity among crypto users, as its low value (it launched at $0.000232) made it convenient for small online transactions, such as tipping content creators on social media platforms. So far this . have already done so. Dogecoin will then rise to $0.57 in 2028, and $1.45 in 2030. Here in the UK, the Financial Conduct Authority (FCA) warned: "If you invest in cryptoassets, you should be prepared to lose all your money". The dogecoin community believes the altcoin is worth much more than the market currently values it. Related: Does SpaceX Have Its Own Cryptocurrency? That in turn dilutes its value. Bitcoin to 'no longer be the controlling interest' - investors warned. BingX Review Is BingX.com Copy Trading Any Good? After being thrust into the spotlight earlier this year by South African billionaire Elon Musk, Dogecoin has gone from strength to strength. This feature has led some in the crypto space to dub Bitcoin as digital gold.. 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. If You Invested $10,000 in Dogecoin in 2020, This Is How Much You Would Have Today, Beyond Dogecoin and Shiba Inu -- These 3 Cryptos Are Better Buys, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? That said, DOGE has a reputation for being somewhat volatile, so we will have to wait tosee what might happen, especially in the light of the recent market crash. But while it lacks the dominance of Bitcoinwhich is priced at more than $60,000 per coinexperts say it is still a legitimate form of currency. The crypto ended 2022 at $0.07029, but enjoyed something of a recovery in January, closing the month at $0.09617 before sliding down to a low of$0.08017 on 10 February before making something of a recovery to around$0.0866 on 21 February. Will Dogecoin Reach $1 By 2022? - Benzinga 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. 306. All Rights Reserved. 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. 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.