Crypto traders are eagerly acquiring DOGE with the optimistic expectation that the token will assume a more significant role on Twitter, following the platform's recent rebranding as the all-encompassing 'everything app' X on Monday.
With a dearth of positive news, a seasoned analyst highlighted the potential for Bitcoin to reach the $27,000 mark in the near term.
A technical analysis indicator named Bollinger bandwidth indicates that the tranquil period of Dogecoin may come to an abrupt conclusion, with a significant movement expected in either direction.
Dogecoin reaching $1 is a distinct possibility. This would be less than 50% higher than the all-time high of about $0.70 per DOGE.Read more
Because DOGE has no supply limit, and the block reward is so large (10,000 coins per block, compared to 6.25 coins per block for BTC), it becomes e...Read more
It would be nearly impossible for Dogecoin to reach $100, because there isn’t quite enough money in the whole world. Every $1 that the Dogecoin pri...Read more
If the answer to the question “can Dogecoin reach $100” is no, then there’s no way that Dogecoin could ever reach $1,000.Read more
The Shibu Inu coin (SHIB) is the second largest meme coin — and probably as useless as a crypto investment as the mother of all meme coins — Doge. Still, laugh all you like. Doge is worth $17.9 billion and trades over $341 million a day. Shiba is worth around $14 billion and has a daily trading volume of $324 million.
Dogecoin reaching $1 is a distinct possibility. This would be less than 50% higher than the all-time high of about $0.70 per DOGE. The question “can Dogecoin reach $100,” or $1, or any price for that matter, has to do with two things: DOGE’s market cap and its mining dynamics.
Will Dogecoin Catch Bitcoin? Dogecoin will never catch Bitcoin because Dogecoin is inflationary, is not a store of value, has no institutional investment interest, has no developer support, has a limited use case, and worse than USD as a currency.
Will Dogecoin Ever Reach $100? There’s a high probability that Dogecoin will reach $1 per coin. $10 per Dogecoin is also likely within this decade. However, it’s impossible that Dogecoin will ever get to $100 per coin.
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