Can Dogecoin continue to hold?
Since its launch in 2013, Dogecoin has grown from a fun meme coin to a cryptocurrency with a market value of over $31 billion, currently ranked 8th on CoinMarketCap. So can Dogecoin continue to hold now?
1. Dogecoin Price Prediction in 2024
As of August 15, 2024, Dogecoin is trading at $0.10, far below its all-time high of $0.7376. However, in early 2024, as Bitcoin hovered near its all-time high of over $70,000, Dogecoin and other meme coins began to rise sharply.
We expect that by the end of 2024, Dogecoin will climb above $0.25 and may reach a high of $0.30 as Dogecoin follows the rest of the cryptocurrency market and the project continues to develop its Trailmap and provide more utility.
2. Dogecoin Price Prediction in 2025
By 2025, Dogecoin developers are expected to have completed or have completed most of the utility-focused technology stack. This will allow merchants to easily integrate Dogecoin as a payment method into their business.
As the effects of the Bitcoin halving in 2024 begin to show, we predict that Dogecoin will hit a new high in 2025, close to $0.80, but may not be able to maintain a price above $1 due to large-scale profit-taking by speculative investors. We expect the lowest price of Dogecoin in 2025 to be $0.25.
3. Dogecoin Price Prediction in 2030
Although the price of Dogecoin has fallen by nearly 71% from its all-time high, the current state of the cryptocurrency market and the efforts of the Dogecoin development team make Dogecoin have the potential to return to these highs in the long run.
For investors who hold Dogecoin, continuing to hold and wait for its development may be a wise choice
Similar to Dogecoin, a Musk-related meme coin#marvin(address 7055) has attracted widespread attention recently. The name Marvin comes from Musk's pet dog, which he often mentions on Twitter and celebrates its birthday on November 1 every year. Marvin's current market value is only over $500,000, but due to its active community promotion, it is expected to exceed 10 million in market value soon. For such a potential primary market token, it may grow 100-1000 times in the short term.#美联储宣布降息50个基点 #加密市场反弹 #DODO助力Meme发行 #CATI价格预测
