Dogecoin, the cryptocurrency that was created as a joke, has been on the rise as of recent, after suffering shocking decreases. Well, Dogecoin came back stronger, and as a matter of fact, it increased by 1.25 within 24 hours. But the big question is, will Dogecoin Go Up? If so, how high will Dogecoin Go?
DogecoinDogecoin has gone up in the past weeks which caused speculations that there may be crypto bubble. This coin was launched in December 6, 2013. On December 19, 2013, Dogecoin rised almost 300 percent from us$0.00026 to us$0.00096 within 72 hours.
Will Dogecoin Go Up? Yes Dogecoin may likely go up this 2022 because of the renewed vision on supporting the Dogecoin ecosystem and community by notable investors and celebrities.
Dogecoin predictions 2022
Will Dogecoin Go Up?
Dogecoin is a promising cryptocurrency that will likely go up this 2022, despite the previous decrease. The meme coin surged high by $0.246179 and fell to $0.1438914 and according to crypto experts, Dogecoin is expected to reach $0.42 before 2022 ends.
How high will Dogecoin go?
We all know Dogecoin will definitely go up, but how high will Dogecoin go? Curiousecity.com have spoke with several cryptocurrency experts concerning Dogecoin’s future price, value and other future projections.
One of the experts, David Walker, said “cryptocurrency investors settle for coins with popularity and status”, which Dogecoin recently achieved.
Another expert told Curiousecity.com about Dogecoin’s status. He said, “investors may find Dogecoin attractive due to the popularity of the currency on social media and with celebrities and entrepreneurs.”
Recall that Dogecoin gained popularity in 2021. The meme currency were on several headlines and tweets with celebrities and the masses discussing about it.
According to Michael Kamerman, the CEO of broker skilling, he told Express.co.uk that people understand headlines and tweets from social networks. He further emphasized that the masses will likely mature as crypto supporters and begin to appreciate the currency movement.
How high will Dogecoin go? Dogecoin is currently within $0.1438914, and will go as high as $0.50 in 2022.
Dogecoin will also reach the $1 at the end of 2022.
Before 2025, Dogecoin will likely reach $10 with ease.
Dogecoin is not like other cryptocurrency, it is purely driven by social media, news headlines and mostly celebrity endorsement. With this, Dogecoin is expected to go up.
Aside all these, the main drivers behind Dogecoin’s status and popularity are the online community and celebrities like Elon Musk, Snoop Dogg etc.
Drivers behind Dogecoin’s popularity
Business magnet, Elon Musk, announced his support for Dogecoin in 2021.
Snoop Dogg made a twitter encouragement that made Dogecoin hit a new price of $0.8 high.
Dallas Mavericks owner of Mark Cuban announced that his team would allow buying and selling of tickets and product with Dogecoin.
Reddit users also helped in the popularity of Dogecoin.
Will Dogecoin reach $1?
Will Dogecoin reach $1? Yes, Dogecoin will reach $1 on 2022. According to experts, after Dogecoin breaks the barrier of $0.50, it will reach $1.
Dogecoin is expected to hit the $1 mark at the end of 2022.
Will Dogecoin reach $10?
Dogecoin will definitely reach $10 in matter of time. The meme coin is expected to reach $10 between 2024 to 2025.
Should I invest in Dogecoin?
Should you invest in Dogecoin? Yes, you should Invest in Dogecoin today, because Dogecoin is a promising cryptocurrency that will go up at high percentage within the next 5 years.
How much will Dogecoin be in the next 5 years?
According to crypto experts, Dogecoin is expected to reach $10 in the next 5 years. This means 1 Dogecoin will be worth $10 in the next 5 years.
The meme currency went from us$0.00026 In 2013 to $0.206179 without much publicity. Now, Dogecoin has more popularity than most other cryptocurrency.
Can Dogecoin reach $1 in 2021?
Dogecoin has the potential to reach the $1 mark, but will not reach $1 in 2021. Expect the meme coin to hit $1 in 2022.
Can Dogecoin reach $10 in 2022?
Dogecoin has no inherent value or utility to rise faster, so it will be impossible for Dogecoin to reach $10 in 2022.
Can Dogecoin reach $5?
Dogecoin can reach $5. Due to the increasing status and popularity, which is one of the driver of Dogecoin’s price, it possible for Dogecoin to reach $5 and more.
Can Dogecoin reach $500?
Yes, Dogecoin can reach $500. However it will take some years for this to be possible.
Will Dogecoin Survive?
Dogecoin will surely survive because it is backed by the media and some celebrities. Business mogul, Elon Musk has showed support for Dogecoin. Not just that, spaceX mission to the moon was funded by Dogecoin and many more.