Dear friends of Dogecoin $DOGE , let's talk about the data of Dogecoin and my bold guess!
Back in 2021, there were 300 million people worldwide playing with virtual currencies. Dogecoin had a total issuance of 127.3 billion, but there were only 5.3 million actual wallet addresses holding Dogecoin. What does this mean? Only a super small portion of people, about 1.7 out of every 10,000 people held Dogecoin, with an average of over 20,000 coins each! At that time, Dogecoin peaked at $0.8!
By 2024, the number of people playing with virtual currencies rose to 560 million, and Dogecoin grew a bit to 147 billion, with wallet addresses increasing to 7.1 million. However, on average, each person still had over 20,000 coins, but the proportion of Dogecoin holders decreased, with only 1.2 people out of every 10,000 owning it. At that time, Dogecoin's highest price was $0.48. But I heard that the real explosion for Dogecoin is still to come in 2025!
I boldly guess that by 2025, the number of people playing with virtual currencies could reach 650 million, Dogecoin will be close to 152 billion, but wallet addresses will soar directly to 10 million! At that time, the average person will only have about 15,000 coins, but the proportion of Dogecoin holders will be higher, with 5 people out of every 10,000 owning it. I also guess that Dogecoin could reach a peak price of between $1 and $1.6 in 2025!
Let's talk about the inflation rate. Dogecoin had a high issuance at the beginning, so the inflation rate was high, but later the issuance decreased, and the inflation rate came down. Now, 5 billion coins are issued annually, but compared to the number of people playing with virtual currencies, this increase is simply not enough to meet demand! The inflation rate for the dollar is also decreasing, but we need to keep a close eye on Dogecoin's performance!
In the future, the number of people playing with virtual currencies will continue to grow. By 2030, there could be 800 million to 1 billion people trading coins. Especially when Musk speaks, with his more than 200 million fans, who are constantly sharing news about Dogecoin, the number of Dogecoin holders will definitely surge, possibly reaching 50 million to 100 million! At that time, the issuance of Dogecoin will be negligible!
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