Speculative bets and market sentiment are likely not strong bases for long-term investments, which should be based on the coin’s fundamentals. This Dogecoin price prediction will be like a light in a tunnel.ĭogecoin has proved to be a massively profitable investment in the short term. In a recent tweet, Elon Musk announced his further support for the meme coin. The association with Elon Musk has continuously driven the success of the coin. Interestingly, the “Doge” Internet meme led to the creation of Dogecoin. This information was out a few days ago, but it’s not Elon Musk.ĭogecoin is a decentralized digital currency based on peer-to-peer technology allowing users to transfer money online. The current wallet with the largest amount of Dogecoin is owned by an investor from Robinhood, who holds around 29,461,944,068 Dogecoin as of June 2022. Tuesday saw the worst day yet for US markets in 2023. But since his cryptic message, the memecoin rose to $0.086, or approximately 6%. Before Musk’s tweet, DOGE was down 3% on the day, trading at $0.082. Wednesday saw Dogecoin (DOGE-USD) gain while the rest of the cryptocurrency market slumped after Tuesday’s broad sell-off on US markets. Dogecoin’s rebound turned into a rally at 4:40 a.m. Musk made an apparent joke by writing, “High time I confessed I let the Doge out.” He also shared an image with an inscription. We need more of these price spikes, not just for DOGE!Įlon Musk continues to be one of the biggest factors influencing the Dogecoin price, as the Twitter CEO proved once again. Our Dogecoin Price Prediction 2023-2032 is shaping up beautifully and that’s something to be grateful for. Dogecoin Price Prediction 2032 – up to $4.02ĭogecoin used to be the best-performing crypto within the top 10 and the 3rd best-performing within the 100 behind FTM and LINK.Dogecoin Price Prediction 2029 – up to $1.27.Dogecoin Price Prediction 2026 – up to $0.41.Dogecoin Price Prediction 2023 – up to $0.14.
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