The current market cap of DOGE at the time of writing is about $37 billion . There are currently 130.8 billion DOGE in circulation. To reach a valuation of $1 per coin, the market cap of DOGE would have to more than triple, rising by more than $80 billion.
Read moreWill Doge go back up?
According to this technical analysis, the DOGE is likely set for an upward trend . The wait is now on news events that will trigger the bullish run, perhaps a tweet from Elon Musk.
Read moreWhat is the future of Dogecoin?
There will be a positive trend in the future of the asset. DOGE might be a good idea for investing. In 2023, the coin will be stable and cost around $0.3at the beginning and around $0.45 by the end of the year. In 2025, the average Dogecoin price can reach $0.8 .
Read moreIs Dogecoin a good investment in 2022?
Dogecoin – which is trading below $0.20 per token, is one of the best cheap cryptocurrency to buy in 2022 . This popular meme coin went from a price of $0.005 in January 2021 to highs of $0.74 in July of the same year. Since its mid-2021 highs, Dogecoin has dropped in value by over 80%.
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