Dear holders of $DOGE , let's talk about the matters concerning $DOGE !
Back in 2021, there were 300 million people around the world playing with cryptocurrencies, and 127.3 billion Dogecoins were issued, but there were only 5.3 million wallet addresses. This means that, on average, there were over 20,000 Dogecoins lying in each wallet address. Looking at it this way, the actual number of people holding Dogecoin was quite small, only 0.017% of cryptocurrency players. At that time, Dogecoin had risen to a high price of $0.8!
By 2024, the number of people playing with cryptocurrencies rose to 560 million, and the amount of Dogecoin increased to 147 billion, with wallet addresses growing to 7.1 million. Now, each address still averages over 20,000 Dogecoins, but the proportion of Dogecoin holders has decreased slightly to 0.012%. I've heard that Dogecoin is expected to shine brightly in 2025!
I boldly predict that by 2025, there may be 650 million people globally playing with cryptocurrencies, and the amount of Dogecoin will be around 152 billion, but wallet addresses will surge to 10 million! At that time, the average number of Dogecoins per address will only be over 15,000, but the proportion of Dogecoin holders will rise to 0.05%. I also believe that in 2025, Dogecoin could soar to between $1 and $1.6!
Let's also talk about the inflation rate. Dogecoin was issued abundantly in the early days, which led to a higher inflation rate, but now the issuance has decreased, resulting in a lower inflation rate. 5 billion are issued each year, but compared to the number of cryptocurrency players, this increase is negligible; it's a matter of supply and demand! The inflation rate of the US dollar is decreasing, but we need to keep a close eye on the performance of Dogecoin!
Looking at the current situation, the second largest market cap ETH has reached $180 billion, and Dogecoin has $81.8 billion. Although the second position in market cap keeps changing, everyone knows the potential of Dogecoin!
In the future, the number of people playing with cryptocurrencies will continue to grow, and by 2030, there may be 800 million to 1 billion people trading cryptocurrencies. Especially when Musk calls out, his more than 200 million followers will follow suit, and with daily news about Dogecoin, the number of Dogecoin holders is bound to increase significantly, possibly reaching 50 million to 100 million! At that time, the increase in Dogecoin issuance will be negligible and won't affect the overall situation!
Recently, I plan to set up a position in a potential coin that is about to explode, doubling my investment is quite simple, and I'm also looking for some potential coins to hold until the end of the year, expecting over 10 times the return is not a problem, but the spots are limited! If you want to follow along, like + leave a message.
