Dogecoin Price Prediction: How high can DOGE Rise?

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Dogecoin is currently trading at $0.2602, at the time of writing, with a 24-hour trading volume of almost $1,222,099,327. Interestingly, the price of the meme-based crypto coin has risen to 4.3 percent in the last day.

Moreover, this digital coin has a circulating supply of around 130 Billion Doge. Furthermore, in the case of total supply, there’s an infinite supply of coins.

However, the price-changing trend of this digital coin sometimes frustrates investors and traders.

Until now, Dogecoin has now reached its resistance level price of 0.25 USD. But due to some reasons, it still cannot move forward – increase its price. Also, on October 28, 2021, it witnessed a sudden price increase of up to 40 percent. The virtual coin touched the mark of $0.33. Unfortunately, the price dropped also at the same speed.

Also Read Shiba Inu Coin Price Prediction: SHIB is about to resume its uptrend

Dogecoin Price Prediction

  • As per the data from CoinCodex, they estimated the DOGE could trade at $0.2913 during the middle of November. Besides this, the longer-term forecasts suggested that the digital coin supported by Elon Musk could take several years to surpass its previous all-time high price of $0.74 and then reach the mark of $1 level. 
  • According to Wallet Investor, on average, the price of the Doge virtual coin is expected to go for $0.3014 by the end of December, which is the end of 2021.
  • The digital coins expert firm also predicted that the price will climb to $0.536 by the end of 2022. Furthermore, the price of the coin will double to $1.237 by the end of 2025.
  • Now, that’s insane!!! Isn’t it? If some credible source such as Wallet Investor is claiming as much price, then there’s no need for thinking and wasting time and investing some extra money in this crypto token.
  • On average, Price Prediction sees the Dogecoin price at $0.42 during 2022, which apparently will rise to $1.32 in 2025 and $8.12 by the end of 2030.
  • Based on the data provided by DigitalCoin, we can claim that the DOGE price will end up in the year 2022 with a price of $0.5042.

As we have previously mentioned in our platform, don’t take this information as a piece of investment advice. The reason for suggesting this is the volatile market of crypto. No one is 100 percent aware of the bullish and bearish signals of digital currencies.

We can only estimate and predict its price after our research. Sometimes we are correct, and sometimes we might give you a wrong prediction. After all, we all are humans, and humans make mistakes.

Do your research and have a look at the market trends of your desired cryptocurrency. And then invest in that digital coin. Our recommendation is not to invest all of your savings in this industry; rather than invest only that amount, you can bear the loss.

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