DOGE currency bottoms out, can it reach the top of $1 in 2030?
Over the past 24 hours, the price of DOGE coin has increased by 1.5% and currently stands at $0.1098 as of 6:24 AM UTC. This upward trend is related to the recovery of the entire cryptocurrency market, with Bitcoin leading the way particularly significantly. Dogecoin seems to be on the verge of a recovery, and if this momentum continues, it is likely to hit prices above $0.2 again.
The price of Dogecoin has continued to decline in recent times, with a decline of approximately 9.8% over the past week, fluctuating within a range of $0.121 to $0.093. In the past month, the decline has reached 24%.
On a lighter note, however, Dogecoin has bounced back from its lows of $0.09136, rising 19% so far.
The question of whether Dogecoin can reach $1 has become a major point of contention in the cryptocurrency market. As of July 10, 2024, the coin has a market cap of $16 billion and a price of $0.11.
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DOGE's value has been growing steadily over the years. By 2029, it has a chance of breaking through the $1 barrier. The prediction also states that the coin may be able to reach the $1.50 level by 2030.
