This was followed by a pullback to $0.0025 in early November, the asset continued to grow, retesting its $0.0054 … 2.7k. However, if you had bought £1 worth of dogecoin in 2018, you would now have almost £10 to show for it. [EXPLAINED]Elon Musk announces plan for extra-terrestrial cryptocurrency [REPORT]Dogecoin price tracker: Track dogecoin's latest price in real time [INSIGHT], "By that time, there should be more clear choices for winners in the crypto arms race, and either dogecoin falls out of favour or starts to approach the promised land of nearly $1 per coin.". In fact, a tweet from just about any celebrity can bring with it gains. To assess whether dogecoin can rise above $1, you should look at the factors that could take it up or pull it down. It started out as a joke. Elon Musk to join forces with Kanye West in bizarre one-off meeting. In a 5-year time frame, Dogecoin is likely to reach $0.04 mark. Dogecoin Price Predictions: The Road to $1. How high can Dogecoin go? On Feb. 4, Dogecoin surged over 60% after Musk tweeted about it. Videos you watch may be added to the TV's watch history and influence TV recommendations. Is $1 even possible? Dogecoin has seen a parabolic rise throughout the past week, going all the way from $0.0617 to hitting an all-time high of $0.2917 late Thursday — a rise of about 373%. Dogecoin gained 50 per cent in the space of a few hours on February 4 to reach a price of $0.05. For years we’ve been hoping that one day it can rally up at $1. According to trading platform Prime XBT, by 2025, the currency could reach the $1 promise-land. Dogecoin as a currency is also much popular than its counterparts. | Dogecoin Hits 8 Cents by Marco Burneli. Dogecoin: How high can it go? Dogecoin hit an all-time high at $0.087159. Elon Musk announces plan for extra-terrestrial cryptocurrency, Dogecoin price tracker: Track dogecoin's latest price in real time. It has repeated that pattern a few times since … But how high can it go? Dogecoin began as a joke currency and largely a fork of Bitcoin. Over the last 24 hours, DOGE remains up more than 25%, trading at roughly 7.7 cents. ", The Tesla (TSLA.O) chief executive has previously tweeted about Dogecoin, which is based on a popular internet meme. This is a staggering mark up from when the cryptocurrency was first released onto Reddit just two years ago at $0.0015. Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface. Considering Doge has a huge supply and no real world use, its upside potential is limited by pure market speculation and forces it can produce. Its makers had a stratergy which has been paying very nicely so far . Dogecoin Daily Performance. A more conservative approach would include the various global regulations governing Dogecoin. The token's overall market cap is also evaluated at an impressive £24.54billion ($33.78billion). However, at that point, it appears as if it will plateau. Prime XBT said: "The cryptocurrency market is cyclical, and goes through bull and bear markets of varying degrees. The Dogecoin cryptocurrency surged more than 90% to a record high on Friday, putting its gain for the week at almost 300%. Dogecoin: Analyst warns 'get out in time or be left short-changed', Dogecoin price skyrockets to all-time high as Elon Musk drives frenzy. Expert warns every 'bubble has to burst'. It might reach $0.05 also if it doesn’t come across any turbulence. The surge in price, especially over the past few months, has been down to Elon Musk's semi-ironic tweeting about the cryptocurrency, and just a few weeks ago the SpaceX chief promised to put a "literal dogecoin on the Moon". Dogecoin’s current market value is about $7,666,149,333 — as of February 2021. Dogecoin price: How to buy dogecoin in the UK? Dogecoin (DOGE) Bitcoin (BTC) Purpose: Started out as a joke but quickly became a community-based crypto: Decentralized digital currency: Founded: 2013: 2009: Founder: Jackson Palmer: Satoshi Nakamoto (alias) Market Cap: Over $1 billion: Over $500 billion: All time High: $0.072 (Jan 2021) $19,908 (December 2017) All Time Low: $0.000087 (May 2015) $0.06 (July 2010) However, ever since the peak crypto bubble when the Dogecoin all-time high of $0.018773 was reached in early 2018, the asset fell into a long term downtrend where the future outlook was extremely bearish. February 10, 2021. Dogecoin, the cryptocurrency that features the face of a Shiba Inu dog as its logo, has surpassed 10 cents for the first time. See here for a complete list of exchanges and delays. If playback doesn't begin shortly, try restarting your device. On April 14, dogecoin (DOGE) reached a record high of £0.105610 ($0.145308) per token - but the coin has soared even further today (April 16) to trade for £0.190140 ($0.261746) per token, according to Coindesk data at 7.16am BST. Breaks record AGAIN in staggering rise. If the overall crypto market rockets into another mania, Dogecoin could beat all the odds and reach insane heights. The Reddit traders community called WallstreetBets has got Dogecoin on a surge and members who own it are hoping that the price will hit $1 All quotes delayed a minimum of 15 minutes. But it is not too late to jump on the bandwagon. THE price of the meme-based cryptocurrency Dogecoin has reached a record high as the value shot up by more than 85 percent in just 24 hours. It could go to $100. If you want more of it, you can mine it — and then, presumably, sell it, given the profit margin of about 57%. DOGECOIN IS A favorite cryptocurrency from Elon musk to other celebrities and billionaires who openly support DOGE in their tweets and other platforms. $100 DOGE is on the cards. The bullish sentiment may get muted if the broader cryptocurrency market does not perform well due to various government regulations. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. SHARES. Sometimes they'll include recommendations for other related newsletters or services we offer. Lloyds … Dogecoin continues to run. On January 7, 2018, DOGE’s price was incredibly rising, smashing limits and hitting an all-time high of $0.018773. Express. About the Author. 2020 was ended with a price of $0.004587. On April 14, dogecoin (DOGE) reached a record high of £0.105610 ($0.145308) per token - but the coin has soared even further The latest rally in Dogecoin … The effect of this can be seen in Dogecoin's remarkable, even by crypto standards, volatility. Shockingly, this Dogecoin frenzy could possibly turn out to be a doomed speculative bubble. It last traded at about 34 cents after reaching as high as 45 cents, according to data on blockchain and cryptocurrency website Coindesk. How high will Dogecoin reach? THE price of the meme-based cryptocurrency Dogecoin has reached a record high as the value shot up by more than 85 percent in just 24 hours. It continued: "Dogecoin can be expected to appreciate in value at a reasonable rate, but nowhere to the same prices as bitcoin, ethereum, EOS, litecoin, and ripple. 220. As there is an infinite supply of dogecoin, experts do not predict it will have the same meteoric rise as something like bitcoin, which continues to soar. This rise means a 10 times value increase in the cryptocurrency in a matter of years, and experts expect it to rise even further. Dogecoin is a cryptocurrency based on the "Doge" meme, which rose to popularity in late 2013. On 29 January it only took a few hours for Dogecoin to more than double in price to its new all-time high and then fall 50%. It's also important to understand the cryptocurrency theme in general. Money makers sharing their analysis on DOGECOIN. So far in 2021, Dogecoin has surged over 7,000. Read Time : 8 Minutes. As per the Dogecoin price forecasts, the coin can go as high as $0.0015 by the end of 2020. Make the most of your money by signing up to our newsletter for. 45. read more. Dogecoin price today: How much is Dogecoin worth? Dogecoin’s pre-breakout support at $0.0008 on September 17th. Also, Dogecoin has a promising future, and its value might reach $0.0035 within the next five years. Dogecoin price: How high will dogecoin go? Dogecoin price prediction by Coinswitch implies that the Dogecoin price is up for a long-term gain and in 2025, the Dogecoin price is forecasted to stand at around $ 0.044. The idea of rallying it is fun. There is no ceiling and the free market will let you buy it for whatever price someone else is willing to pay. Our Standards: The Thomson Reuters Trust Principles. Dogecoin price history extends back nearly a decade at this point, making it one of the oldest crypto altcoins out there. Dogecoin price today: How much is dogecoin stock? READ MORE: Can you buy dogecoin on Coinbase? Opinion: More bark than bite . After being emboldened by what they did to GameStop, retail investors are flocking to crypto. Data: Coindesk; Chart: Axios VisualsUnlike bitcoin or GameStop stock, dogecoin — a literal joke of a cryptocurrency — is not supply-constrained. NASA awarded billionaire entrepreneur Elon Musk's space company SpaceX a $2.9 billion contract to build a spacecraft to bring astronauts to the moon as early as 2024, the agency said on Friday, picking it over Jeff Bezos' Blue Origin and defense contractor Dynetics Inc. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Today's Dogecoin price is $0.072203, which is down 3% over the last 24 hours. How High Can Dogecoin Go? Dogecoin is continuing its operate this 7 days. The support level was well defended, and buyers were able to turn the trend in the bulls' favour, taking Dogecoin as high as $0.0054 by 8 July. The Dogecoin cryptocurrency surged more than 90% to a record high on Friday, putting its gain for the week at almost 300%. Tarah Tiotuico. I don’t assume any of us may have anticipated this. Access to real-time, reference, and non-real time data in the cloud to power your enterprise. How high will Dogecoin go? Bitcoin: British business becomes one of the first to accept crypto, Elon Musk vows to put a 'literal Dogecoin' on the Moon with SpaceX, Dogecoin has rocketed in the last three months, Why is dogecoin going up? What it takes to dogecoin to spike massive levels from where it is right now? In BTC terms, the Doge price may touch approximately 0.0000023301 BTC. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Dogecoin was created largely as a satirical critique of the 2013 crypto frenzy, and it can be bought and sold on digital currency exchanges. "Because of this, it is difficult to call dogecoin a good investment when there are so many better choices available.". Dogecoin might hit the highest level at $1 by the end of 2021. Dogecoin Price Prediction 2022 Right now, Dogecoin still remains off its all-time high of $0.017586. Dogecoin price: How high will Dogecoin go? Expert warns every 'bubble has to burst'. READ MORE: Why is dogecoin going up? order back issues and use the historic Daily Express Share on Facebook Share on Twitter. Dogecoin broke its previous price records and progressively hit an All-Time-High of $0.08 on February 08, 2021. However, the trading site said the value of the coin is impossible to predict. Dogecoin can’t be killed. So it can definitely go higher than $10. Throughout its history, the coin has been hyped by different personalities giving it more exposure. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. Home of the Daily and Sunday Express. Dogecoin is a cryptocurrency based on the common 'doge' meme which is a picture of a Shiba Inu dog accompanied by silly text. See today's front and back pages, download the newspaper, Reddit users suppose Doge to become the currency of the internet. As there is an infinite supply of Dogecoin, experts do not predict it will have the same meteoric rise as something like Bitcoin, which continues to soar. Dogecoin price: How high will Dogecoin go? VIEWS. "After another bear phase, the cryptocurrency market, including dogecoin will be ready for another breakout in 2024 and into 2025 – coinciding with bitcoin’s halving theory. Our Privacy Notice explains more about how we use your data, and your rights. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. This is extremely low. Thanks to its quick adoption and community support, various cryptocurrency analysts are still making Dogecoin price predictionto ascertain its future price. WHY DOGECOIN STUCK AT $0.06, HOW CAN DOGECOIN SPIKE? WallstreetBets hits Dogecoin next, a cryptocurrency that started as a joke surges high, will the price hit $1? admin - Related News . However, if you had bought £1 worth of Dogecoin in 2018, you would now have almost £10 to … DON'T MISS...Dogecoin price: How to buy dogecoin in the UK? If playback doesn't begin shortly, try restarting your device. 24 hour DOGE volume is $4.08B.It has a market cap rank of 18 with a circulating supply of 129,155,074,829. And having bought Dogecoin a month ago, I’m just sitting back taking it all in HOW HIGH DO YOU THINK DOGECOIN CAN GO? LINK TO PRIOR DOGECOIN VIDEOS: No really, I'm not fucking with you here. Dogecoin price prediction suggests that the Dogecoin price is up for a long-term gain in the DOGE price value with a 5-year investment. This is around eight times higher than it is today. 'NASA rules,' Musk says as SpaceX wins $2.9 billion moon lander contract, 'Simple Photoshop': how a Pakistani counterfeiter may have aided Russian trolls, Huawei defense to ask Canada court for delay in CFO's extradition hearings, GM, LG Energy Solution to build 2nd U.S. battery plant in Tennessee, Facebook oversight board extends timeline to decide on Trump ban.