can dogecoin reach $10,000

ETH continues to process a high volume of transactions, it remains the leader in the dApp and decentralized finance (DeFi) space and seems poised to improve its scalability. Cookie Notice Here are the full results from this weeks survey: According to our Benzinga team, a $10,000 ETH is possible within the next few years. Get the Most Popular iTechPost Stories in a Weekly Newsletter. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. Reproduction in whole or in part without permission is prohibited. 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. and our WebRight now we are early, because price action is being driven by retail investors who like the charts and fundamentals. $10 per Dogecoin is also likely within this decade. The meme crypto is higher by 7.05% over the past week. 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!) From our experience with Bitcoin and Ethereum, we expect that Dogecoin will reach $1 because it has far more potential than Bitcoin. Theres a high probability that Dogecoin will reach $1 per coin. 2023 Benzinga.com. 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. Finance. There are Wider acceptance, faster and easier transfer are a few of them. Moreover, widespread adoption remains a concern. 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. JohnniePeters 2 yr. ago Still don't get that MicroStrategy and Grayscale are asleep on QNT. To emphasize, Dogecoin recovered from its dangerous trading levels, saving investors from losing their money. 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. The much wow innovative crypto-currency. However, with no inherent value nor utility, Dogecoin is likely to fall flat in the future. Read Also:Elon Musk Twitter Mockery: SpaceX CEO Punches Back at Jeff Bezos Amid Lawsuits. #Uptober is in full trend and the Bull Gods are shining down on the crypto world. Therefore, people now buy Bitcoin and hold on to it.. 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. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Its current market cap (at $.21 a coin) is $28 billion. 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. 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? Furthermore, Dogecoin and other digital assets could face serious regulatory crackdowns globally. As more dApps are developed on Ethereum, more users will be drawn to the network. 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. Both Shiba Inu (SHIB) and Bone ShibaSwap (BONE) tokens act as a supporting pillar to LEASH, as the huge following of both these tokens especially SHIB helps in stabilizing and often increasing the price of the LEASH token. The social media craze for LEASH is no less and its huge increase in price is solid proof of the influence social platforms can bring in the Doge Killers price. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Please click here to learn how. Lets explain., The US has a GDP of around $21 trillion, and China has approximately $15 trillion. 100 yes . Today, its market capitalization exceeds $50 billion, which is higher than several big names trading at the stock market. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. Heres the basic math (and remember market cap = total number of coins * price per coin). 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. Thats why over the years, Bitcoin and other cryptocurrencies became popular., Still, the regular currency has superior use cases and functionality than cryptocurrency. Ethereum would need to rise some 510% from current levels to reach $10,000. The study reflects results from over 1,000 adults. 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. Its been subject to numerous wild trading swings in the past few weeks, showing that the tide is already swinging. 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 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. Dogecoin reaching $1 is a distinct possibility. This would be less than 50% higher than the all-time high of about $0.70 per DOGE. The question can Dogecoin reach $100, or $1, or any price for that matter, has to do with two things: DOGEs market cap and its mining dynamics. Bitcoin has seen a solid price gain and currently trending in excess of $50,000, an appreciation that was last seen back in July. Many people dont trust the US government. Any transfer over $10,000 will have to be reported to the IRS. The post Dogecoin May Hit $1, But Its Not a Good Play In the Long Term appeared first on InvestorPlace. Stock Prodigy Who Found NIO at $2 Says Buy THIS Now. Join the thousands already learning crypto! 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. Can Dogecoin reach $10,000? However, not many currencies share the madpower of the. Reply . Copyright 2023 iTech Post All Rights Reserved. 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 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/. 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 Every $1 that the Dogecoin price were , 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, , . This launch, if wildly successful, could boost the price of tokens present on the Shibaswap platform. ET There are not entirely outlandish arguments to The price of Dogecoin is largely based on hype and network effect, which by nature is an exponential Woah, thats 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. Monthly NFT sales also average at $900 million in August, according to NonFungible. r/dogecoin Can this actually reach $10? The much wow innovative crypto-currency. Each token has its unique aspect and uses in the Shiba environment. Do not reproduce without permission. Ethereum has been doing relatively well in these last couple of weeks, do much so thatbanking executives forecast a "seismic" shifthappening. Do this now. The price of Ripple is estimated to reach around $1 to $2 dollars max by the end of 2022. 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. Now, she is forecasting that the market cap could hit $8,000 to $10,000 sometime in 2021. For more information, please see our Will the Doge Killer (LEASH) Reach $10,000? and our Ethereum remains the dominant platform for blockchain applications. It has quite evidently lost its thunder, and though it could possibly reach the $1 mark, its not crypto that you can invest in for the long term. In five to 10 years' time, cryptocurrencies might even replace traditional fiat currencies. Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University. Furthermore, Dogecoin transfer time is 10x faster than Bitcoin., So, theres the tremendous growth potential for this coin. Earlier this year, in February, Raoul Pal, a former Goldman Sachs GS executive, said that Ethereum ETH/USD could reach $10,000 by 2024. Top Stock Picker Reveals His Next Potential 500% Winner. Yes, Dogecoin can reach 10 dollars, at least in theory. Dogecoin offers virtually no utility to its owners in comparison to other cryptocurrencies. This article is intended to be used and must be used for informational purposes only. Privacy Policy. 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. WebSo in other words to put it simply for DOGE to reach $10k is roughly equivalent to BTC reaching 70 million dollars. WebLEASH Tokenomics Holds a Big Advantage. This survey was conducted by Benzinga in July2022 and included the responses of a diverse population of adults 18 or older. To enjoy our website, you'll need to enable JavaScript in your web browser. LEASH, on the other hand, has a total supply of just 107,647 tokens, which means that with the rising demand for the Doge Killer token, the price of LEASH can skyrocket much faster than Shiba Inu or any other token that has a huge token supply. However, be warned that its trade value could be priced between $0.22 to $0.64 anytime this week. Yuga Labs Hires Former Epic Games CTO Mike Seavers. Several investors are carefully observing market trends for the next big surge where they could grab quick profits. Dogecoin started as a joke online, and shot up over 11,000% in value in the past 12-months. The Shiboshi NFT characters will also be featured in the upcoming Shiboshi Game, where players can use their NFTs for strategic gameplay. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. More countries are also likely to follow suit in developing their own set of regulations. There is nothing to say that DOGE will not break the $10,000 barrier one day, but you should exercise extreme caution. 7 Best Vaccine Stocks for Their Pipeline Potential. Therefore, $1 per Dogecoin is not a pipe dream. 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. Dogecoin is lower by 2.06% at $0.068 Monday. EtherRock 38 purchased for 555 Ether($1,730,961.75)21 mins ago (Aug-26-2021 08:14:19 PM +UTC)Txn: https://t.co/f89o4Rz3k7#EtherRock #EtherRocks pic.twitter.com/1xa8qwXLTg. On the other hand, investors need to be careful with the a Doge sinceit might drop to $0.22. Earlier reportshighlighted Dogecoin as a crypto dependent on market trends and internet sentiment. Earlier we concluded that it will be nearly impossible for Ripple to reach a value of $1,000 per coin in the near future. Dogecoin has been dubbed the peoples currency thanks to its popularity among retail traders, celebrities and influencers. On the other hand, Dogecoin has promisingly low transaction fees. Privacy Policy. : dogecoin. The Shiba Inu ecosystem consists of three major tokens SHIB, LEASH and BONE. 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. The second-largest crypto Ethereum has a market cap of $200 billion. How Has Fiber Technology Contributed To Sustainable Development? A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. At this price point the total market cap of DOGE (value of all The Ethereum 2.0 upgrade is going to make things more scalable for every crypto project currently hosted on the ETH platform. If Dogecoin is very unlikely to reach 1000, then $10,000 is a pipe dream. WebDo you think it is possible for dogecoin to reach $10,000 (if so how and when)? Speculative investing by institutions could drive us to 3-4K. Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. As it stands, all the countries GDP combined is not enough for Doge coins to even reach A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. At the time of writing,ETH is valued at $3,254.32, with a 5.4 percent upward trend in the last 24 hours. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. By the end of 2030, there will be 180 billion Dogecoin in circulation. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Moreover, as there are 5 billion coins per year for miners, the Dogecoin transfer fee will remain low. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Scan this QR code to download the app now. The views and opinions expressed in this article are the authors [companys] own and do not necessarily reflect those of CoinMarketCap. Let me write that in words: 129.64 trillion dollars. A market cap of $180 billion is not impossible. 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. The unique aspect of LEASH is its tokenomics, as it, Twitter is the battleground for all cryptocurrencies its how they thrive in the digital world. 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. As more and more developers learn to use the Ethereum network over the coming years, more dApps will exist on Ethereum, and more users will be drawn to the network Read More. 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. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Every coin has pros and cons. According to the official announcement, this project is ready to giveaway $10,000 for votes in the first-ever Love Hate Inu poll by simply submitting your email address. The most amazing place on reddit! The most amazing place on reddit! However, its impossible that Dogecoin will ever get to $1000 per coin. 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. Six hours before this article, Dogecoin dropped to $0.26 but immediately recovered afterward. Scan this QR code to download the app now. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. Magnetic Managing Director Megan Kaspar shared the sentiment in her prediction with Ethereum, as reported byYahoo! Ethereums transaction fees are also high. It doesnt matter if you have $500 in savings or $5 million. They want a financial system that is independent of any government control. However, you might continue to see spikes in its price in the short term after a tweet from Elon Musk or a viral TikTok video. Just a $10,000 investment in the struggling movie theater chain would be worth $129,765 now. Lightning Labs has unveiled its latest offering, the Lightning Terminal Daemon (LiT-D), aimed at simplifying the management of Lightning Network nodes. 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. 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. Because of its nature, Dogecoin has defied logic, spiking at insane profits and dropping without market warning. Muslim Farooque is a keen investor and an optimist at heart. Celebrity endorsements have had an incredible impact on the cryptos price. Any transfer over $10,000 will have to be reported to the IRS. 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. On the flip side, the internet favorite meme coin traded at dangerous levels in the last 12 hours. Cookie Notice I'm a technical author and blockchain enthusiast who has been in love with crypto since 2020. Can Dogecoin Reach $1, $5, or $10 ? Yes, Dogecoin can reach $10. For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. From what Ive seen, this seems completely impossible due to many reasons but Id like to hear some other peoples opinions. Our whole economy revolves around traditional money. Therefore, to achieve $10,000 is even more unlikely. Do you feel the rage in the eyes of this (imaginary) rabid dog character? His tweets introduced the cryptocurrency to millions of his followers and created a market frenzy. $10 per Dogecoin is also likely within this decade. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. Until Oct. 4, 2021, the LEASH token was priced around $850, however, from that point on its price touched a high of $2,535, a level which was last seen in July 2021. On the contrary, cryptocurrency is still in its infancy. 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. If Dogecoin reaches $1 valuation per token, the total market cap of Doge would be $180 billion. All rights reserved. Lets explain., Unlike other cryptocurrencies, Dogecoin doesnt have a cap. Its absurd. The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). The LEASH token rides the social influence of the Shiba Inu token and also its own popularity, and according to crypto analysts, this is the biggest factor behind the success of the Doge Killer and the Shiba Ecosystem on every social media platform. More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. Many crypto analysts believe that the LEASH token has a high potential of price appreciation in the near future. This article is not intended as, and shall not be construed as, financial advice. 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. Dogecoin significantly dropped from its $0.35 trading value in the last couple of months, resulting in bearish sentiment. | by randerson112358 | DataDrivenInvestor Write Sign up 500 Apologies, but something went wrong on our end. However, its impossible that Dogecoin will ever get to Similar to Dogecoin, Ethereum also doesnt have a coin cap., Over the years, Bitcoin and Ethereum have shown its strength and weaknesses., Nowadays, Bitcoin is considered as an asset, an investment vehicle to grow money. Benzinga does not provide investment advice. China has already banned the use of cryptocurrencies for financial institutions, and more countries could follow suit. 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. what are you waiting for? Reddit and its partners use cookies and similar technologies to provide you with a better experience. To see 10,000 QNT will need some real world deployment by big players. Epic Games alum Mike Seavers is set to join web3 giant Yuga Labs as Chief Technology Officer (CTO), according to recent announcements. Finance report Kaspar said, "Investors are still using crypto as a favorite tool to hedge against inflation. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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.. The Dogecoin trade was a dream for early adopters as it witnessed meteoric growth in the past year. 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. Notably, Ethereum also expanded its network to non-fungible tokens (NFT) trading. 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% Dogecoin Market Cap Today's Change (-0.00%) -$0.00 Current Price $0.08 Price as of April 26, 2023, 6:41 a.m. So that will initiate it becoming a deflationary asset.". With these two factors, Ethereum is getting stability and market activity which could significantly boost its value over the next few months. Its more than the whole crypto market. 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. Although Dogecoins returns have been staggering, the reality is that they have been driven by hype and misinformation.

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