The speculations around DOGE seem to be wearing off as Elon’s tweets are barely mentioning cryptos anymore. Investors started to doubt Dogecoin’s ability to be a promising crypto asset worthy of investment. Given today’s outlook on the cryptocurrency market, how high will Dogecoin reach in 2030? In this Doge price prediction article, we try to assess the future prices of Dogecoin.
Meme Paraları nedir?
Dogecoin'i analiz etmeden önce onun bir Meme coin olan doğasını anlamamız gerekiyor. Meme paraları kripto sektörüne çok uzun zaman önce girmedi. Bitcoin'de şaka amaçlı başlayan şey, aynı aileden diğer tokenlerin yükselişine ve doğuşuna tanık oldu. İlk meme parası, Dogecoin , 2013 yılında piyasaya girdi. O tarihten bu yana sektörde bu tokenlarda büyük bir artış yaşandı. Çok değişken olmalarının yanı sıra, bu tokenlar çoğunlukla devasa takipçi topluluklarıyla tanınıyor. Bunun dışında dünya çapında etkili isimlerden büyük promosyonlar aldılar.
Dogecoin (DOGE) nedir?
Dogecoin, piyasadaki en iyi bilinen kripto para birimlerinden biridir ve özellikle Meme coin'dir. Teknik özellikleri nedeniyle değil ama proje, çevredeki abartılı reklamlara karşı koymak için bir kripto para parodisi olarak başlatıldı. Bitcoin ve mizahi bir şeyler içeren diğer çeşitli yeni kripto para birimleri. Dünya çapında internet kullanıcılarının kullandığı açık kaynaklı bir kripto para birimidir.
What Factors influence Dogecoin Price?
Dogecoin prices were heavily affected by Elon Musk’s tweets. DOGE saw its price rise towards around $0.75 before it collapsed when Elon talked about DOGE on national television. Thus two important factors affect DOGE prices currently: Elon Musk and Twitter.
Earlier this year, Elon announced that he was willing to buy Twitter altogether. However, The platform is known to have a lot of bots. Bots are basically fake accounts, that spread misinformation, hype, and false opinions. This makes any topic seem famous. In the crypto community on Twitter, it is very well known that bots play a big role in influencing people’s opinions about a certain crypto project. This is what allowed rug-pulls and scammy projects to be able to prosper on the back of other people’s money. With Elon Musk trying to back out from the Twitter deal, there are a lot of uncertainties regarding cryptos, especially for DOGE, which is community-driven and heavily reliant on hype.
What’s New with Dogecoin?
According to the development team behind Dogecoin, the ecosystem will bridge with the Ethereum blockchain in Q4 2022. This will allow users to send their DOGE tokens to the Ethereum mainnet, thus allowing DOGE to be used in smart-contracts, Defi, ve NFT pazar yerleri.
This is a huge step for Dogecoin, as it increases its use cases, thus increasing the demand for DOGE, and in turn, increasing its price. This fundamental news should be able to push DOGE prices upwards upon successful completion of the bridging project.
Why is Dogecoin Down Today?
Looking back at figure 1 above, we can see that the main factor that allowed DOGE to skyrocket was Elon’s hype on Twitter and on national television. After that, prices corrected in the following years back towards their average price pre-pump of around $0.06.
Other fundamental factors also etkilemek Dogecoin price today:
- DOGE, sınırsız arzıyla enflasyonisttir; ancak belirli bir dağıtım hızı nedeniyle enflasyon ivmesi zamanla düşse ve ABD Doları enflasyon oranından daha düşük olsa da
- Dolaşımdaki arzın kilidi tamamen açılmış olmasına rağmen tüm DOGE arzı zaten yüksek.
- Dogecoin'in bir dakikalık blok süresi VISA gibi diğer parasal işlem platformlarını geçemez.
To add to the above, the entire crypto market is not doing so well currently. The crypto market sentiment seems to be bearish, as Bitcoin prices sank below their psychological price of $20,000.
How High will Dogecoin reach in 2030?
DOGE Fiyat Tahmini 2022
Given the current crypto market dynamics, the outlook of crypto prices till the end of 2022 looks to be somewhat sideways. The Twitter deal with Elon Musk might slightly affect DOGE prices, but the crypto market is looking to end 2022 on a mediocre note.
That’s why Dogecoin price is likely to stay consolidating around $0.055 and $0.075 till the end of 2022.
DOGE Price Prediction in 2025
In the following years, the crypto market bull should’ve happened. In 2025, it is expected that most cryptocurrencies would have hit their all-time high prices. For Dogecoin, if Elon continues his endorsement of DOGE through selling his products and services for DOGE, this would definitely create more demand, hence higher prices.
With the above speculations in mind, DOGE might reach prices between $0.5 and $0.8 in 2025.
DOGE Price Prediction in 2030
In 2030, cryptocurrencies are expected to have reached mass adoption. With the internet almost present everywhere on earth, people across the world can easily have access to their favorite token. Dogecoin is a meme token, designed to be a fun representation on the internet. Most people today like to spend their time having fun online. Dogecoin can be a tool for tipping content creators everywhere.
If this reality happened, Dogecoin is up for a massive price increase from today, reaching prices between $2 and $4 and a market cap of between $266 Billion and $533 Billion by 2030.
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Source: https://cryptoticker.io/en/how-high-will-dogecoin-reach-in-2030/