WebDo you think it is possible for dogecoin to reach $10,000 (if so how and when)? Though its fees are lower than industry giants like Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD), it is priced significantly higher than many altcoins. As more dApps are developed on Ethereum, more users will be drawn to the network. The views and opinions expressed in this article are the authors [companys] own and do not necessarily reflect those of CoinMarketCap. Its nothing more than a speculative play at this point, which offers nothing to the long-term crypto investor. With the king of cryptocurrencies trying to reclaim its former glory, all digital currencies including Shiba Inu and LEASH have shown massive gains in their overall price in the past few days. Earlier reportshighlighted Dogecoin as a crypto dependent on market trends and internet sentiment. Our whole economy revolves around traditional money. Finance. For more information, please see our If Dogecoin is very unlikely to reach 1000, then $10,000 is a pipe dream. Will Dogecoin hit $5 in 2021 Financewarned dangerous trading levels if the coin dropped below the $0.27 trade marker, where the coin could dip at the $0.22 price levels. $10,000 If we sum up all the countries GDP, the total GDP would be $87 trillion., Source: https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Here are the full results from this weeks survey: Ethereum will reach $10,000 first: 41.3% Cardano will reach $5 first: 23.7% Dogecoin will reach $1 first: 35.2%. However, not many currencies share the madpower of the. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. A $1,000 dogecoin purchase on Jan. 1, 2021 at a price of less than a cent per coin would be worth $121,052 at Wednesdays high of 69 cents, a gain of more Ethereum is otherwise higherby 10.64% over the past week, Ethereum would need to rise some 510% from current levels to reach $10,000, Dogecoin is lower by 2.06% at $0.068 Monday, The meme crypto is higher by 7.05% over the past week, Dogecoin would need to rise 635% from current levels to reach $0.50. There is nothing to say that DOGE will not break the $10,000 barrier one day, but you should exercise extreme caution. Its current market cap (at $.21 a coin) is $28 billion. If Dogecoin reaches $1 valuation per token, the total market cap of Doge would be $180 billion. 2023 Reddit, Inc. All rights reserved. , If you have any additional questions, you can always contact our support via email, xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , Domain "xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh" is not parked, , . Any transfer over $10,000 will have to be reported to the IRS. and our Scan this QR code to download the app now. For more information, please see our 100 yes . Celebrity endorsements have had an incredible impact on the cryptos price. This article contains links to third-party websites or other content for information purposes only (Third-Party Sites). Join the thousands already learning crypto! 2023 Benzinga.com. They want a financial system that is independent of any government control. In the long run, Hayes expects gold to reach $10,000 on the spot, which, he thinks, would make hard money assets, including digital ones, more valuable. Ethereum remains the dominant platform for blockchain applications. Dogecoin has been dubbed the peoples currency thanks to its popularity among retail traders, celebrities and influencers. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Can Dogecoin Reach 1000? What Is The Future Of This Popular | by randerson112358 | DataDrivenInvestor Write Sign up 500 Apologies, but something went wrong on our end. This article is not intended as, and shall not be construed as, financial advice. $10 per Dogecoin is also likely within this decade. It would be nearly impossible for Dogecoin to reach $100, because there isnt quite enough money in the whole world. From what Ive seen, this seems completely impossible due to many reasons but Id like Speculative investing by institutions could drive us to 3-4K. However, in the long term, cryptocurrencies such as Dogecoin need to offer real value to their owners if it wishes to sustain its bull run. Binance NFT Marketplace has announced the launch of The Sandbox NFT Staking Program, allowing users to stake their $SAND tokens and earn exclusive NFT rewards. JohnniePeters 2 yr. ago Still don't get that MicroStrategy and Grayscale are asleep on QNT. Many crypto analysts believe that the LEASH token has a high potential of price appreciation in the near future. Get the Most Popular iTechPost Stories in a Weekly Newsletter. With these two factors, Ethereum is getting stability and market activity which could significantly boost its value over the next few months. How much a $1,000 investment in dogecoin at the start of 2021 is #Uptober is in full trend and the Bull Gods are shining down on the crypto world. Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. Ethereums transaction fees are also high. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. It doesnt matter if you have $500 in savings or $5 million. Shiba Inu has a total supply of 1,000,000,000,000,000, which is one of the main reasons why the dog-meme token will Will DogeCoin ever reach $1000 mark? - Quora Ethereum has been doing relatively well in these last couple of weeks, do much so thatbanking executives forecast a "seismic" shifthappening. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. From what Ive seen, this seems completely impossible due to many reasons but Id like to hear some other peoples opinions. LEASH might not be as popular as Shiba Inu or Dogecoin but it still leads the dog pack with the highest price among dog-meme tokens! Dogecoin Market Cap Today's Change (-0.00%) -$0.00 Current Price $0.08 Price as of April 26, 2023, 6:41 a.m. However, there is one problem a sufficient amount of money should be put into Dogecoin to get the meme coin to the $10 level. Not only that, the much-anticipated upgrade will also lower gas fees, improve transaction speeds, resolve environmental concerns, and increase the overall value of the Ethereum blockchain. Moreover, widespread adoption remains a concern. Dogecoins enthusiasts believe that it provides real value to its users, particularly in lower transaction fees. A major reason is that in the first 24 hours, the Shiboshi NFTs can ONLY be bought with LEASH, which means that the trading volume of the Doge Killer token may experience a big increase along with considerable price appreciation. As per our Doge Killer analysis, today the investment has a 2.0 out of 10 safety rank and +873.8% expected ROI with the cost going to $7,468.97. How Has Fiber Technology Contributed To Sustainable Development? The market size was valued at $68.9 billion in 2022 and is projected to reach $264.08 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 17.6% Furthermore, Dogecoin and other digital assets could face serious regulatory crackdowns globally. However, with no inherent value nor utility, Dogecoin is likely to fall flat in the future. However, $1000 per Dogecoin is unachievable. The Shiboshi NFT characters will also be featured in the upcoming Shiboshi Game, where players can use their NFTs for strategic gameplay. The second-largest crypto Ethereum has a market cap of $200 billion. For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. As treasury printing money, the government adding debt recklessly, and inflation soaring, many are dissatisfied. Therefore, its tough to predict which one will become mainstream cryptocurrency. Privacy Policy. This year in particular in it has surged to new heights following several tweets from billionaire Elon Musk, often referred to as the Dogefather. Any transfer over $10,000 will have to be reported to the IRS. Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion, Dogecoin May Hit $1, But Its Not a Good Play In the Long Term, UPDATE 1-Florida board to countersue Disney, Stocks mixed as JPMorgan Chase takes over First Republic: Stock market news today, UPDATE 1-GM cuts several hundred full-time contract workers, NIO reports EV deliveries jump more than 30% in April. On the flip side, the internet favorite meme coin traded at dangerous levels in the last 12 hours. In five to 10 years' time, cryptocurrencies might even replace traditional fiat currencies. Each token has its unique aspect and uses in the Shiba environment. A market cap of $180 billion is not impossible. $10,000 Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University. The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. WebTheres a high probability that Dogecoin will reach $1 per coin. Because of its nature, Dogecoin has defied logic, spiking at insane profits and dropping without market warning. China has already banned the use of cryptocurrencies for financial institutions, and more countries could follow suit. The Dogecoin trade was a dream for early adopters as it witnessed meteoric growth in the past year. r/dogecoin Can this actually reach $10? Its not that crazy high., There are currently around 18 million Bitcoins in circulation, and it has a market cap of about $900 billion. However, its impossible that Dogecoin will ever get to $1000 per coin. Will the Doge Killer (LEASH) Reach $10,000? The Shibu Inu coin (SHIB) is the second largest meme coin and probably as useless as a crypto investment as the mother of all meme coins Doge. Still, laugh all you like. Doge is worth $17.9 billion and trades over $341 million a day. Shiba is worth around $14 billion and has a daily trading volume of $324 million. and our The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). Therefore, he knows what he is talking about. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Today, its market capitalization exceeds $50 billion, which is higher than several big names trading at the stock market. What Happened: Shiba Inu has a total supply of 1,000,000,000,000,000, which is one of the main reasons why the dog-meme token will take a significant time to reach its long-term target of $1. Top Stock Picker Reveals His Next Potential 500% Winner. This surprised me: yes. In order to keep the network secure and operational, theres always an incentive of 5 billion coins per year for miners. Therefore, $1 per Dogecoin is not a pipe dream. Just a $10,000 investment in the struggling movie theater chain would be worth $129,765 now. Woah, thats With such a killer name and objective, the LEASH token is on a relentless mission of killing Dogecoin with the help of its ever-growing LEASH community. This article is intended to be used and must be used for informational purposes only. Theres a high probability that Dogecoin will reach $1 per coin. Canadas Yellow Pages Confirms Data Leak Caused by Black Basta, The Perfect Wallets For Hanging Out With Your Friends, Apples Refurbished 2023 MacBooks May Soon Be Available on Its Online Store, Brave Removes Microsoft From Web Browser, Search Engine, ChatGPT Now Available in Italy Again After Temporary Ban. Do not reproduce without permission. The system forecasts a +21% move from $1,429.25 to $1,731.51 over the next month, Leash has a price prediction of $2,466.30 in over a years time.. Ethereum would need to rise some 510% from current levels to reach $10,000. So that will initiate it becoming a deflationary asset.". By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Can Dogecoin reach $10,000? On the other hand, investors need to be careful with the a Doge since it might drop to $0.22. This survey was conducted by Benzinga in July2022 and included the responses of a diverse population of adults 18 or older. So, for $1000 per Dogecoin, the total market cap of Doge would be more than $180 trillion, two times that of the worlds economy. The much wow innovative crypto-currency. Its absurd. By the end of 2030, there will be 180 billion Dogecoin in circulation. Its more than the whole crypto market. Six hours before this article, Dogecoin dropped to $0.26 but immediately recovered afterward. Therefore, people now buy Bitcoin and hold on to it.. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (thats right, millions love us!) With LEASH crossing the $2,000 mark in the past 24 hours, theres a high chance that with the launch of the Shiboshi NFTs, the LEASH token could potentially continue this rally further. Please click here to learn how. 3 Reasons Dogecoin Could Head to the Moon -- Someday Do Not Sell My Personal Data/Privacy Policy. All rights reserved. Scan this QR code to download the app now. Dogecoin is lower by 2.06% at $0.068 Monday. Yes, Dogecoin can reach 10 dollars, at least in theory. Will the Doge Killer (LEASH) Reach $10,000? - CoinMarketCap Furthermore, Dogecoin transfer time is 10x faster than Bitcoin., So, theres the tremendous growth potential for this coin. The crypto market sentiment is bullish right now, and the LEASH token has taken full advantage of it by more than doubling its price from Oct. 4, which was trending around $850. Moreover, the U.S. Treasury Department has called for stricter cryptocurrency compliance with the laws laid down by the IRS, as they potentially pose tax evasion risk. Reproduction in whole or in part without permission is prohibited. ET There are not entirely outlandish arguments to Reddit and its partners use cookies and similar technologies to provide you with a better experience. Dogecoin When the ETH 2.0 upgrade happens, it will attract a lot of crypto projects and users, which will increase the worth of the Ethereum blockchain along with the crypto projects already hosted on the platform. However, be warned that its trade value could be priced between $0.22 to $0.64 anytime this week. However, despite the bullish environment of the crypto market and the LEASH charts, the volatility and risk factor must be kept in mind, especially when trading in meme cryptocurrencies. However, its impossible that Dogecoin will ever get to On the other hand, Dogecoin has promisingly low transaction fees. Several investors are carefully observing market trends for the next big surge where they could grab quick profits. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The post Dogecoin May Hit $1, But Its Not a Good Play In the Long Term appeared first on InvestorPlace. In a Yahoo! The much wow innovative crypto-currency. The dominant ranking factor for this crypto asset is Social Following., Our Forecast System predicts that Leash could possibly increase in value in the short term by +6% to $1,520.28 from $1,429.25. On the other hand, investors need to be careful with the a Doge sinceit might drop to $0.22. Can Dogecoin Reach $1, $5, or $10 - Medium Thats why over the years, Bitcoin and other cryptocurrencies became popular., Still, the regular currency has superior use cases and functionality than cryptocurrency. Dogecoin Several investors are carefully observing market trends for the next big surge where they could grab quick profits. The price of Ripple is estimated to reach around $1 to $2 dollars max by the end of 2022. Related Article: Monsta Infinite Earning Potential: Roadmap, $MONI Token Worth, Gameplay and MORE. WebCan Dogecoin cryptocurrency hit $10? Although Dogecoins returns have been staggering, the reality is that they have been driven by hype and misinformation. Earlier this year, in February, Raoul Pal, a former Goldman Sachs GS executive, said that Ethereum ETH/USD could reach $10,000 by 2024. Do you think it is possible for dogecoin to reach $10,000 This week alone, a cartoon image ofa rock sold for 555 ETH, more than $1.7 million equivalent. Reach At this price point the total market cap of DOGE (value of all A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Binance Launches The Sandbox NFT Staking Program. Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion, the Treasury said. To reach the cheery $100 price, the network would need to attract investments worth at least $10 Trillion which is more than 5X the entire crypto industry market capitalization today. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. Cryptocurrency is also highly volatile., Nevertheless, Bitcoin, Ethereum, and other cryptocurrencies have shown great potential. The most amazing place on reddit! Do You Think Dogecoin Can Reach $1 Before Ethereum Gets To More countries are also likely to follow suit in developing their own set of regulations. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. Epic Games alum Mike Seavers is set to join web3 giant Yuga Labs as Chief Technology Officer (CTO), according to recent announcements. Analysts say that the ETH market has a huge potential for growth in the coming months, so cryptocurrency holders should reconsider their long-term investments. Stock Prodigy Who Found NIO at $2 Says Buy THIS Now. I just say YES. Doge coin will definitely hit $1 someday, and once it hit that it would hit $5 very quickly since cryptocurrency is so volatile. Obviously it would not just go up and up only, it will also show small small crashes while growing to the moon. Follow this article for Dogecoin Live Updates. Muslim Farooque is a keen investor and an optimist at heart. The Ethereum 2.0 upgrade is going to make things more scalable for every crypto project currently hosted on the ETH platform. WebLEASH Tokenomics Holds a Big Advantage. As it stands, all the countries GDP combined is not enough for Doge coins to even reach The Shiba ecosystem operates on the Ethereum blockchain, which means that the upcoming ETH 2.0 upgrade can have a massive impact on the price of every token, including LEASH. Do you feel the rage in the eyes of this (imaginary) rabid dog character? Let me write that in words: 129.64 trillion dollars. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum ETH/USD at $10,000 or Dogecoin DOGE/USD at $0.50? Dogecoin significantly dropped from its $0.35 trading value in the last couple of months, resulting in bearish sentiment. Every coin has pros and cons. Yes, Dogecoin can reach $10. To reach $1000, TRON would need to amass a $100 Trillion market capitalization. This launch, if wildly successful, could boost the price of tokens present on the Shibaswap platform. Social Media Craze of the Shiba Ecosystem, From a narrow-angle, the LEASH token may seem like any other project, as it fell from its. Cookie Notice Lets explain., The US has a GDP of around $21 trillion, and China has approximately $15 trillion. : dogecoin. Elon Musk is the founder of X.com, which later became PayPal. WebIf Dogecoin reaches a price of $1000, the exact price of all the Dogecoin in circulation will be 129,637,821,960,000. She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. The good news for LEASH holders is that the ShibaSwap platform is soon going to launch Shiboshi NFTs a collection of 10,000 lovable creatures. Lets explain., Unlike other cryptocurrencies, Dogecoin doesnt have a cap. Can Dogecoin Reach $100? Or Even $1? $10? $1,000? The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. His tweets introduced the cryptocurrency to millions of his followers and created a market frenzy. From our experience with Bitcoin and Ethereum, we expect that Dogecoin will reach $1 because it has far more potential than Bitcoin. Notably, Ethereum also expanded its network to non-fungible tokens (NFT) trading.