After Dogecoin surged 80%, can it rewrite its fate in the next ten years?
Dogecoin, the former internet celebrity coin, became popular with the support of Elon Musk, but it is extremely difficult to reach the threshold of $1. Although it was once in the limelight and reached a peak of more than $0.73, the reality is cruel.
In the past year, Dogecoin has had a lot of twists and turns, but it has risen by nearly 80%. The current price is more than $0.1, and it rose by 1.4% yesterday. Compared with other coins, this result is still good. Especially last week, it soared by 7%, which was eye-catching.
However, despite the superficial glory, the market’s confidence in Dogecoin is actually not enough. According to the data, there are more people selling short than buying long, and this ratio makes people feel uneasy at a glance.
Speaking of the future, although everyone is not optimistic about Dogecoin now, who can say for sure if it will change in the next ten years? Dogecoin is still far from its historical peak. It is simply a fantasy to rise to $100. It will have to rise more than 90,000 times! But fans of Dogecoin will not give up hope easily.
According to some predictions, Dogecoin may have to wait until 2029 to reach the edge of $1. By 2034, it may only be worth about $10. As for this year, the most optimistic estimate is that it will rise to a little more than $5. This prediction sounds very suspenseful, but who knows, maybe Dogecoin will counterattack one day!
For dry goods in the currency circle, click on the avatar to follow me, the deployment of 100-fold potential coins in the bull market, and daily spot strategy enjoy!
