Will Dogecoin reach $100? Dogecoin Price Prediction 2024-2030
Latest Dogecoin Price
Dogecoin Price Performance So Far
| Last 7 Days | +36.9% |
| Last 1 Month | +66.7% |
| Last 12 Months | +180.1% |
Dogecoin has witnessed a remarkable surge in price over the last few weeks. What are the Signals and Predictions?
| Overall Outlook | Partially Bullish |
| 1. Market's Wisdom | Bullish |
| 1a. Market Data | Bullish |
| 1b. Technical Recommendation | Neutral |
| 2. Crowd's Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
Dogecoin (DOGE) is currently experiencing a bullish trend, with its price surpassing $0.20 after breaking through several resistance levels. The surge in DOGE’s value is largely attributed to speculation surrounding its potential integration as a payment option on X (formerly Twitter). This speculation gained traction following X’s acquisition of additional licenses in the U.S. for its payment branch. However, it’s important to note that there has been no official confirmation from X regarding this speculation.
Technically the overall surrounding Dogecoin is positive. The next target for Doge will be to clear $0.30 but it faces a resistance at $0.23. DOGE has a good chance of breaching this resistance level. A successful breakout could potentially pave the way for DOGE to reach its target of $0.30. On the downside, DOGE has established initial support at $0.180. If the price falls below this support level and fails to hold, then $0.160 could act as a crucial support zone for the asset.
Influencers Price Target:
- DieguitoCharts: $0.24
- Will_Homere: $0.24
- Cephii1: $0.26
- toroscrypto: $0.27
- best_analysts: $0.29
- Sneaky: $0.2-$0.3
- digishahed: $0.34
- Glitch_Capital: $0.34
- tendorian9: $0.35
- Sheldon_Sniper: $0.35
- George1Trader: $0.35+
- TATrader_Alan: $0.4
- Bit_Luxe: $0.45
- Golden1Team: $0.45
- JavonTM1: $0.65
- mrofwallstreet: $1
- zinocheheb: $1
- MikybullCrypto: $1
- lupobianco38: $1
- theOsbrah: $1 and $1.7(On May)
- GamerGenieGG: $1 and $4.20
- ramseycrypto: $1.16 and $1.85
- Cantonese Cat: $1.2 to $2 in 2025
- arrogantfrfr: $2
- degengambleh: $4.20
- CryptoSherlock_: $5
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You can search for Predictions by Influencers along with Past track record (by Crypto here)
- Dogecoin Price Prediction in the next 24 hours is between $0.142 and $0.159
- Dogecoin Price Prediction this week is between $0.135 and $0.165
Dogecoin Buy or Sell, Crowd Poll
Net Buy%=Buy%-Sell%
- Jan 21st: +42.0%
- Feb 18th: +49.0%
- Feb 29th: +47.0%
- March 4th: +46.7%
- March 28th: +47.0%
Dogecoin Price Prediction 2024-2025-2030, Aggregated
- Dogecoin Price Prediction 2024 is $0.189
- Dogecoin Price Prediction 2025 is $0.264
- Dogecoin Price Prediction 2026 is $0.314
- Dogecoin Price Prediction 2027 is $0.384
- Dogecoin Price Prediction 2028 is $0.474
- Dogecoin Price Prediction 2029 is $0.649
- Dogecoin Price Prediction 2030 is $0.912
Dogecoin Price Prediction $100: Will Dogecoin reach $100?
No, Dogecoin will never reach $100
For Dogecoin to reach $100, it would need to increase by a factor of 472. At $100, Dogecoin’s Market Cap will be $14.3 Trillion. If Dogecoin were to grow at a rate of 25% each year, it would take about 29 years to reach $100. Let us evaluate this data
- Quality of Investment- Good
- Time and Growth required to reach $100– Not Feasible
- Market Cap at $100– Not Feasible
Considering the criteria Quality of Investment, growth required, and time required, Dogecoin has a very low chance of reaching $100.
Dogecoin Price Prediction 2024: Is Dogecoin a Good Investment?
Dogecoin is an open-source blockchain that was launched as a mere joke with Shiba Inu’s face on the logo. The makers of the coin have said that the coin is meant to be fun and nothing else. The coin was almost worthless until Elon Musk started tweeting about it and declaring that it was his favorite coin.
Dogecoin use cases
- Dogecoin can be used for payments wherever merchants accept it. Elon Musk’s SpaceX and the Dallas Mavericks are accepting this cryptocurrency.
- Wag, an on-demand dog-walking app, accepts payments with Dogecoin. It allows users to buy gifts from Amazon with Dogecoin.
- This coin is used as a tip for sharing quality content on Twitter and Reddit. You can get a tip by participating in a community that uses digital currency.
- Due to the low fees and speed of transactions, Dogecoin is used to exchange money and capital from one cryptocurrency change to another.
How is Dogecoin different from others?
- Dogecoin is based on Litecoin and uses the same proof-of-work technology. DOGE Blockchain uses a different mining algorithm which makes it faster and cheaper.
- Dogecoin performs around 33 transactions per second, faster than many other coins like Bitcoin.
- Dogecoin has an unlimited supply. 10,000 doges are mined per minute, which means 14.4 million per day and 5 billion per year. This number makes it unique from other coins.
- 2000+ companies are now accepting Dogecoin. Major companies like Tesla and GameStop.
- Dogecoin is backed by celebrities such as Elon Musk, which at times influenced its price.
Competitors of Dogecoin
- Shiba Inu: – It was launched as a Dogecoin Killer. Built on top of the Ethereum blockchain, it became more popular than many other coins in just 1 year. Shiba Inu and Dogecoin are both top competitors of each other in terms of acceptance.
- Dogelon Mars: – Dogelon Mars is a Doge-themed coin, a mix of Dogecoin and Elon Musk’s name. Dogelon Mars cannot be used for payments like Dogecoin, but the coin is intended to serve as an “intergalactic currency” that future space colonists can use on Mars and beyond.
- Baby DogeCoin: – Baby Doge is a cryptocurrency token. The Baby Doge smart contract makes the currency available via the Ethereum and Binance Smart Chain wallet. the eco-system of this coin hosts NFT, Decentralized Finance (DFI), Gamefi, and Pet Charity.
- MonaCoin: – It is an open-source decentralized cryptocurrency. Similar to Dogecoin, a peer-to-peer payment network, it is built on an algorithm called Lyra2RE (v2). Not as widely accepted as Dogecoin, but some Japanese stores accept Monacoin as a form of payment.
Here is how Dogecoin has performed over the last 10 years
- 2014: $0.00018
- 2015: $0.00015
- 2016: $0.00023
- 2017: $0.00780
- 2018: $0.00237
- 2019: $0.00206
- 2020: $0.00464
- 2021: $0.1713
- 2022: $0.06839
- 2023: $0.07583
In the last 9 years, 4 years have been positive and 5 years have been negative. Overall, DOGE has risen 308 times in the last 9 years.
- Between 2013 and 2017, Doge rose 19x
- Between 2017 and 2022, Doge rose 17x
- Between 2013 and 2015, Doge lost 64% of its value
- Between 2017 and 2019, Doge lost 74% of its value
Overall, Dogecoin has been a great investment though much of the power is memetic in origin rather than driven by utility.
Shiba Inu vs Dogecoin: Which Is Better Investment?
- Dogecoin has a long record of delivering returns
- Doge has outperformed SHIB this year by a wide margin
- Doge is supported by Elon Musk, a huge factor given Musk’s Twitter acquisition
- Shib has more use cases than Doge and the development team continues to work on more
- Shib has a stronger community than Doge
Considering all these factors, at a practical level, Doge is a superior investment. However, from a potential perspective, Shib holds a lot of promise. It makes practical sense to own both with a bias toward Dogecoin.
Can Dogecoin reach $10000 or $1000?
How High Will Dogecoin Go?
Dogecoin is one of the Top 10 cryptocurrencies in terms of overall market cap. Since its launch, Dogecoin has delivered an ROI of over 15000%. Dogecoin is backed by well-known personalities including Tesla and SpaceX CEO Elon Musk who has been an active supporter of Dogecoin. In an interview when asked about the future of cryptocurrencies, Elon specifically mentioned that there is a good future for Bitcoin, Ethereum, and Dogecoin.
Despite all this, it is difficult to determine how high will Dogecoin go in the coming future. The overall crypto market has turned out to be very volatile with almost all the cryptos losing a major portion of their market domination.
Will Dogecoin reach 50 Cents, $1?
Read about Bitcoin Price Prediction and Render Token Price Prediction
Dogecoin Price Prediction: Some Frequently Asked Questions
What are the Doge Predictions for Dogecoin in 10 Years?
Answering the query regarding Dogecoin in 10 years may not be easy considering the volatile nature of the crypto market. However, using some prediction tools, future Doge Predictions can be determined but it is subject to change depending on the market condition. Dogecoin in 10 years could reach $0.817 if the price increases 25% annually and $3.37 if the price increases 50% annually.
Will Dogecoin Go Back Up?
Yes, Dogecoin will go back up but it will depend on multiple factors. However, it would be difficult to determine the time frame for the question, ‘Will Dogecoin Go back up? The advantages of Dogecoin above others are:
- Dogecoin tokens can easily be used as a mode of payment on compatible platforms.
- DOGE is accepted by more than 300 businesses and online stores, such as Tesla.
- The token can be swapped, sold or bought on many crypto exchanges across the world.
Does Dogecoin Have a Future?
Dogecoin is an open-source blockchain that was launched as a mere joke. The makers of the coin have said that the coin is meant to be fun and nothing else. It soon garnered attention after big names like Elon Musk, Snoop Dogg, Lil Yachty, Kevin Jonas and Gene Simmons started voicing for Dogecoin.
Here is how Dogecoin gained in the last few years:
- Between 2013 and 2017, Doge rose 19x
- Between 2017 and 2022, Doge rose 17x
- Between 2013 and 2015, Doge lost 64% of its value
- Between 2017 and 2019, Doge lost 74% of its value
The above developments answer positively the question, “Does Dogecoin have a Future”
How much will Dogecoin be worth in 2025?
In 2025 Dogecoin could reach the value of $0.301 (aggregated).
What will Dogecoin be worth in 2030?
As per the Dogecoin Price Prediction 2030, DOGE’s price is expected to reach a maximum value of $0.952 by the end of 2030.
Where can I buy Dogecoin?
Dogecoin can be bought on numerous major centralized and decentralized exchanges including Binance, Coinbase, KuCoin, Kraken, Gemini, OKX, and Gate.io. Huobi, Bybit, Crypto.com, PancakeSwap, etc.
How to Buy Dogecoin?
Dogecoin can be brought from multiple sites including online brokerages as well as online exchange websites. However, before making the first trade with Dogecoin you will need to follow a few steps common to almost all crypto purchases. Here are the steps for “How to Buy Dogecoin”:
- Decide on a Cryptocurrency Exchange
- Create your account with the Exchange
- Verify your Identification
- Select a Payment Option and Fund Your Wallet
- Make Purchase
- Store Your Purchased Dogecoin
Dogecoin is available on Coinbase, eToro, Robinhood, Gemini, SoFi, Binance.US, and Webull. Every platform has its fee charged for making every transaction.
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.