Latest, hurry to see if DOGE can reach 1 dollar by 2025?

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Dogecoin (DOGE) is a popular meme-inspired cryptocurrency and remains one of the most interesting currencies in the market as investors speculate on its potential to rise to 1 dollar by 2025.

Despite the remarkable growth of DOGE over the past year, the road to 1 dollar is still fraught with significant obstacles, primarily due to its inflationary supply mechanism and high market cap requirements.

Dogecoin is currently trading at 0.32 dollars, down 21.26% last week and 26.51% over the past month. However, compared to the same period last year, Dogecoin is still up 238.47%, demonstrating its long-term resilience.

Despite recent declines, DOGE hit an annual high of 0.46 dollars on December 9, 2024, nearing half of the 1 dollar mark. At that time, its market cap reached an astonishing 68.7 billion dollars, supported by a circulating supply of 147.33 billion DOGE.

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