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Artificial Intelligence Predicts When Dogecoin Will Break $1

Dogecoin has skyrocketed nearly 200% in the last 30 days, with Thursday's trading price reaching $0.38.

This surge is largely thanks to Elon Musk's close relationship with President Trump, which has made this meme coin popular. Trump has been quite friendly to the cryptocurrency market and is considering appointing blockchain experts to high positions. Investors believe that since Musk and Trump have such a good relationship, Dogecoin is bound to rise further.

Want to know more? Check out this article: Dogecoin: How Many Dogs Does Elon Musk Really Own?

Dogecoin hit a high of $0.42 on November 13, 2024, but it's still far from the $1 target. Many investors bought into this meme coin, hoping it will break the $1 mark. By then, everyone could make a fortune, with returns potentially doubling or tripling. Today, let's talk about when Dogecoin might break $1.

Also, this: If you had invested $10 or $100 in Shiba Inu coin back then, what would your returns be like now?

Dogecoin: Artificial Intelligence Predicts When Dogecoin Will Break $1

There is a pretty impressive on-chain indicator and price prediction company, CoinCodex, that is quite optimistic about Dogecoin. They say Dogecoin will eventually break $1, but it will take some time. If you can hold for the long term, waiting around five years, your investment could be worthwhile.

Here's some news: VeChain (VET) has major plans for the first quarter of 2025, aiming for a rally.

The latest predictions suggest that Dogecoin might not break $1 until early 2029. That's quite a long time, making it a long-term investment. Additionally, the price needs to increase by 245% to reach the target. Let's put it this way: if the prediction is accurate, your current investment of $10,000 could turn into $34,500 by then.

"The 2029 prediction says Dogecoin could surge, with prices expected to be between $0.73 and $1.3. Investors can expect a 245% return on investment, and this year's trends look quite optimistic." Be sure to check out the predictions.

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