Based entirely on the fact that Dogecoin has no real-world utility, I don’t recommend investors buy it . With the price significantly down from its recent high, scooping up this meme coin might seem like a low-risk move with big upside.
Read moreDoes DOGE have a future?
Wallet Investor DOGE Price Prediction for 2023 and 2025 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 moreCan Dogecoin reach $1?
DOGE is a lot closer to $1 today than it was at the start of 2021 . At the time of writing, it is trading at roughly $0.13 and would need to rise more than 669% to reach the dollar milestone. The DOGE price hitting $1 would give the cryptocurrency a total market cap of $131bn; the current dogecoin market cap is $17bn.
Read moreWill DOGE continue to rise?
While there are expectations of DOGE hitting the new ATH at $1, investors might have to settle for a far less value at around $0.40, according to walletinvestor. For the coin to hit an immense high next year, it must continue garnering community support. All in all, DOGE is expected to pump higher come 2022 .
Read moreIs Dogecoin a good investment 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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