When will Dogecoin reach $1?
Dogecoin has soared nearly 200% in the past 30 days, trading at $0.38 on Thursday
Behind this, Musk's close relationship with President-elect Trump has made this meme coin soar. Trump is friendly to cryptocurrencies and is considering appointing people with blockchain technology backgrounds, which makes investors feel that Musk and Trump's cooperation may make Dogecoin reach new highs.
Speaking of Dogecoin, some people are curious about how many dogs Elon Musk has? But this question has nothing to do with the price of Dogecoin.
On November 13, 2024, Dogecoin rose to a high of $0.42, but it will take a long time to reach $1. Many investors have bought this meme coin, hoping that it will rise to $1, and then they can make a fortune, and their investment portfolios may double or even triple.
So when will Dogecoin rise to $1?
Someone used artificial intelligence to predict it. CoinCodex, an on-chain indicator and price prediction company, says that Dogecoin is bullish, but the $1 mark is not something that can be broken in the short term. If it is a long-term investment, it is possible in the next five years, and then the portfolio will be able to rise sharply.
It is said that Dogecoin may not rise to $1 until the beginning of 2029, which will take another five years, which is considered a long-term investment. If the prediction is correct, investing $10,000 now may become $34,500 by then, an increase of 245%.
The prediction for 2029 says that Dogecoin may rise sharply, with prices fluctuating between $0.73 and $1.3. Investors, you have to think carefully about this potential return on investment.
The test of the bull market is not only the rise and fall of the market, but also the test of our mentality. In the face of changes in the account, we must remain rational. Next, I will announce the next 10-fold potential coin in the future! It is better to grasp it than to guess blindly! Like + leave a message, free sharing.
