Dogecoin dubbed the OG cryptocurrency, is also one of the leading crypto tokens to have been driving the space this bull season. The token has noted several price hikes this season, reclaiming some of its lost graces to add further value to its current price level.
According to CoinMarketCap, Doge is currently trading at $0.1995 after briefly crossing the $0.2 price threshold in the last 24 hours. The token is up 14% this past month, driven heavily by a flurry of user activity waiting to interact with the OG cryptocurrency this bull season.
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Dogecoin to Reach $2.17?
Per leading analytics platforms like CryptoNewsZ, DigitalCoinPrice, and CoinMarketcap, Doge is expected to embrace a slow, gradual pace while ascending to new price highs. The portals have predicted that Doge will breach the price levels of $0.39, $0.1131, and $0.20 by the year 2025.
“By 2025, CryptoNewsZ forecasts that Dogecoin could be $0.39, with a minimum price projected at $0.25. CoinPriceForecast predicts Dogecoin to rise to $0.1228 by the end of 2025. According to DigitalCoinPrice, DOGE could reach a maximum price of $0.20 in 2025.
For the year 2030, CoinMarketcap projects Doge to touch $1.31. Coinpedia, on the other hand, suggests its price to breach $2.31 by the end of 2030.
“In 2030 Coinpedia predicts Doge to trade between $2.52 and $3.035. CoinMarketCap’s projects Doge to reach a high of $1.57 and a low of $1.31.”
The disparity in prices mentioned above is due to the different analytics mechanisms that each platform deploys to project such predictions.
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April End Price Forecast
With the event of Bitcoin Halving scheduled in April, the price of Doge may experience significant fluctuations in the next few days. According to Changelly, Dogecoin can note a minor depreciation in its price before picking up pace in May.
In April, Dogecoin is expected to rise by 2%, trading between the price ranges of $0.166 and $0.196.
“Crypto experts expect an average DOGE rate of $0.181 in April 2024. Its minimum and maximum prices can be expected at $0.166 and $0.196, respectively.”