Well, many would say that the likes of Dogecoin are only for fun. It started as a joke and well, maybe it still is. However, many would disagree with the same.
The speculations around DOGE seem to be wearing off as Elon’s tweets are barely mentioning cryptos anymore. Investors started to doubt Dogecoin’s ability to be a promising crypto asset worthy of investment. Given today’s outlook on the cryptocurrency market, how high will Dogecoin reach in 2030? In this Doge price prediction, we try to assess the future prices of Dogecoin.
What are Meme Coins?
Before we analyze Dogecoin, we need to understand its nature, which is a Meme coin. Meme coins entered the crypto sector not so long ago. Dogecoin entered the market in 2013. Since then, there has been a massive rise in these tokens in the sector.
Today, Dogecoin is as mainstream as Bitcoin and is traded on all the major cryptocurrency exchanges such as Coinbase and Binance. In 2021, it remained one of the best-performing cryptocurrencies, peaking in May with an ATH of $0.7376 and a market cap of over $0.7 billion. Then, it quickly began descending. 2022 began with a fairly decent start for the cryptocurrency with a price of around $0.17 in early January. But since then, it has lost over 60% of its value.
Dogecoin’s 2025 Predictions
The maximum and minimum prices of DOGE in 2025 will be $0.28 and $0.23. It predicts a potential ROI of 452% for DOGE. Analytics claimed that with adoption and cryptocurrency regulations set to get better, DOGE’s price could go as high as $0.77 by 2025.
Dogecoin’s 2030 Predictions
In 2030, cryptocurrencies are expected to have reached mass adoption. With the internet almost present everywhere on earth, people across the world can easily have access to their favourite tokens. Some experts predict that DOGE’s price could surpass $0.80 in 2030. Another Expert said that Dogecoin is up for a massive price increase from today, reaching prices between $2 and $4 and a market cap of between $266 Billion and $533 Billion by 2030.