Dogecoin Price Prediction 2024 – 2030: Will Dogecoin Reach $1?

The daily chart shows a significant increase in the momentum of Dogecoin's price, reaching the $0.40 mark. According to Fibonacci levels, the bullish trend has exceeded the 1.618 Fibonacci level and touched the $0.42157 mark.

The ongoing bull market cycle has led to a price increase of over 100%. However, as the market pauses, the bullish trend has shown slight sideways fluctuations.

By the end of this month, with the market's recovery, the price of the meme coin may reach the $0.64 mark.

With the bullish trend in the last quarter of 2024, Dogecoin is likely to soar with a rebound in October, known for triggering significant increases in altcoins.

Additionally, as a rate cut may occur in September, the broader market recovery could provide an extra boost to this meme coin. Therefore, by the end of 2024, DOGE may reach the $0.64 mark.

If people's fear of missing out (FOMO) on Dogecoin continues to grow, and if influencers promote the token, its price could reach $1.07.

However, if Dogecoin cannot maintain its current growth rate, in a competitive market, its price may average around $0.845.