Friends holding Dogecoin, come and take a look at some data about Dogecoin $DOGE and my predictions!
In 2021, there were 300 million people globally playing with cryptocurrencies, and Dogecoin issued a total of 127.3 billion pieces, but there were only 5.3 million wallet addresses. This means that, on average, there were more than 20,000 Dogecoins per address, indicating that the actual number of people holding Dogecoin is very small, only about 0.017% of cryptocurrency users. At that time, Dogecoin peaked at around 0.8.
By 2024, the number of people playing with cryptocurrencies increased to 560 million, and the amount of Dogecoin increased a bit to 147 billion, with wallet addresses growing to 7.1 million. Now, each address has an average of over 20 Dogecoins, and the percentage of people holding Dogecoin has dropped to 0.012%. This year, the highest price of Dogecoin was 0.48. However, I heard that 2025 will be the big year for Dogecoin.
I predict that by 2025, there may be 650 million people globally playing with cryptocurrencies, and Dogecoin will be about 152 billion, but wallet addresses will skyrocket to 10 million! At that time, each address will only have about 15,000 Dogecoins, but the percentage of people holding Dogecoin will rise to 0.05%. I also think that in 2025, Dogecoin could peak at around 1 to 1.6.
Dogecoin surged wildly in the early days and had a high growth rate, but later the issuance decreased, and the growth rate came down. Now, 5 billion coins are issued each year, but compared to the number of people playing, this issuance is negligible, leading to a supply-demand imbalance! The growth of the dollar is also declining, but we will wait and see how Dogecoin performs.
Now look, the second highest market cap $ETH has reached 180 billion, and Dogecoin also has 81.8 billion. Although the second position in market cap keeps changing, you understand Dogecoin's potential.
In the future, the number of people playing with cryptocurrencies will continue to grow, and by 2030, there may be 800 to 1 billion people trading coins. Especially with Musk's call, he has more than 200 million fans and shares news about Dogecoin every day, so the number of people holding Dogecoin will definitely surge, possibly reaching 50 million to 100 million! The slight increase in Dogecoin issuance is really not a big deal and has little impact.
In the crypto circle, if you don't have a good network and insider information, then I suggest you follow me, and I will guide you to success. Welcome to join the team!!!
