Market Shock! Dogecoin's Founder Predicts 2025, Will It Reach the Moon or Stand Still?
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As 2025 approaches, the future of Dogecoin (DOGE) remains uncertain, and even its founder Billy Markus (also known as Shibetoshi Nakamoto) has not provided any concrete clues. When a fan asked him if Dogecoin might peak by the end of December, Markus replied with his usual indifferent "I don’t know" GIF, reflecting the unpredictability of this cryptocurrency.
This sentiment echoes the current market mood, as Dogecoin's price trend remains highly unstable. Earlier this year, Dogecoin showed a significant upward trend, soaring by 520%, peaking at $0.4846.
However, in the past two weeks, Bitcoin's price has plummeted by 30%, dampening market enthusiasm. People are now curious about Bitcoin's outlook. Although the market was optimistic at the beginning of December, recent adjustments have made the situation more uncertain.
From a broader perspective, this may just be a healthy correction rather than a long-term reversal. From the monthly chart, the DOGE index rose by 161% in November, followed by a 24% decline in December. Analysts suggest this may lay the groundwork for growth in January, but December's increase may still be somewhat slow.
Currently, Dogecoin's price has more than quintupled since the beginning of the year, which is why it has become one of the hottest cryptocurrencies in 2024. However, its volatile price fluctuations and recent declines have left investors and fans feeling a bit uncertain about the future. As of now, the future of DOGE in 2025 remains unknown, with market participants oscillating between hope and caution.
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