Dogecoin is about to experience a explosive recovery! Market value expected to reach $100 billion in 2025!
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With the relaxation of regulations on decentralized finance (DeFi) and growing institutional interest, Galaxy Research predicts that the market value of Dogecoin will soar to $100 billion by 2025, with the potential to break the $1 mark. This forecast is driven by broader market dynamics, including institutional adoption and potential regulatory changes.
Additionally, Galaxy Research predicts that Ethereum will surpass $5,500 in 2025, and the staking rate is expected to exceed 50%, with spot ETH exchange-traded funds (ETFs) potentially being allowed to stake part of their ETH. The DeFi market on Bitcoin is also expected to grow significantly, potentially doubling the amount of locked Bitcoin by 2025.
Currently, the trading price of Bitcoin is $94,648, Ethereum is $3,359, while Dogecoin's price hovers around $0.314, as the market awaits more momentum to drive its recovery.
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