What Will Dogecoin Be Worth in 2025?
What will Dogecoin be worth in 2025? This is one of the most common questions that people who are looking to invest in Dogecoin for the long term ask.
Well, according to most price forecasts, Dogecoin will be worth between $5 and $15 in 2025. Of course, the price might be lower or higher than this range, depending on several crypto-specific factors.
Although Dogecoin has been struggling to break out of the current consolidation and go over its all-time high of $0.74, there is a good chance that the coin will have a breakthrough soon and attain new milestones.
The DOGE altcoin is currently trading at below 50 cents, according to data from CoinDesk. This is a slight drop from what most people hoped it would be following the buzz around it. Despite this dip, there is hope that DOGE will soon go on an upswing and probably attain a new ATH.
By 2025, we can expect the price of Dogecoin to be as high as $20 or even higher if the crypto market is favourable enough. Given that the altcoin is slowly drifting away from its ‘joke cryptocurrency’ insignia, we might soon be seeing a ‘more serious’ version of Dogecoin.
So, what will it be worth in 2025?
Dogecoin Price Predictions for 2025
There are several predictions as to how much Dogecoin will be worth by 2025. As usual, we are seeing huge gaps between these predictions, with some analysts predicting as low as $1 while others go as high as $15.
While Dogecoin trading for $1 in 2025 seems like a bearish prediction at the moment, it is still a good indication that the coin is set for an upward trajectory. Only a few forecasts suggest that it might still be less than $1 per coin by 2025.
For instance, although Wallet Investor predicts that Dogecoin will touch the $1 mark a few times in the course of 2025, its predictions are below $1 for the most part of the year. From January until around April 23rd, 2025, Wallet Investor predicts that DOGE will mostly be stagnated at the $0.8 mark will a yearly low of $0.7 and a yearly high of $0.9.
Towards the end of April, Dogecoin will slowly transition to $0.9 with a yearly high of $1 until mid-May where it goes back to $0.8. Again, it will stagnate at this level until December 2025 where it closes the year at $0.9 or as high as $1.
Wallet Investor is no stranger to conservative and sometimes bearish predictions, so this could actually be a good sign.
In fact, these predictions are not much different from that of Digital Coin Price, which, although believes that DOGE will start 2025 at slightly above $1, doesn’t show much growth throughout the year. According to Digital Coin Price, Dogecoin will start at $1.37 in January, then go through slight fluctuations throughout the year and finish at $1.29.
The lowest price for the year will be $1.28, while the highest will be $1.69. If the current growth is anything to go by, DCP’s prediction for 2025 looks a bit dragged, and we could possibly expect a more flexible growth and a higher number towards the end of the year.
Long Forecast does a much promising job at this. Although it starts off 2025 at $0.88, it predicts a gradual and flexible growth that will take Dogecoin to $1.74 by June 2025, where its prediction ends. Based on its trajectory for 2025, it would seem like Long Forecast expects the altcoin to finish 2025 at above $2.
And now, for the most bullish 2025 prediction, we can always look up to Coin Price Forecast. As usual, the site is very hopeful that Dogecoin will be off the charts by 2025. For the records, Coin Price Forecast believes that DOGE will finish 2021 at slightly above $3, which is refreshingly bullish considering how low sites like Wallet Investor go.
For 2025, Coin Price Forecast predicts that Dogecoin will be trading at a staggering $12.18 by mid-2025, then drop slightly to $11.64 by the end of the year. If you compare this prediction with the others, it comes out as being aggressively bullish. However, if Dogecoin were to go back to its recent growth trajectory, these numbers are fairly feasible.
Like we have mentioned in most of our other guides, Dogecoin is more volatile than most other cryptocurrencies since it mostly thrives on hype and speculations. We believe that this is one of the hardest cryptos to predict its price action.
For instance, in late 2020, most forecasters didn’t think DOGE would go above $0.1 by the end of 2021. The coin passed that mark early in the year and is now poised to finish at above $1. So, when it comes to Dogecoin, we can always expect surprises, and when 2025 finally knocks, we might see totally different numbers.
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Will Dogecoin Hit $1 In 2021?
Although some people are curious as to what Dogecoin will be worth in 2025, the most immediate concern right now is whether or not the coin will reach $1 by the end of this year. There has recently been a lot of buzz around Bitcoin, with Tesla CEO Elon Musk being at the epicentre of all the noise.
As you might remember, Elon Musk recently announced that Tesla would no longer be taking Bitcoin for car purchases due to the environmental concerns surrounding Bitcoin mining. A few hours later, Musk announced that he would be proposing some radical upgrades to the Dogecoin network that should enable it to not only be better than Bitcoin but also ‘beat it hands-down.’
Since this announcement, the price of Bitcoin has dropped sharply while that of DOGE stabilizes around the $0.5 mark. There are even rumors that Tesla might be selling or has already sold its Bitcoin stash.
Now, if this kind of buzz and hype around Dogecoin were to continue, the coin might have a better shot at hitting $1 by the end of the year. Currently, a lot of investors, including those who initially took Dogecoin for the joke it billed itself to be, are beginning to take it seriously.
And while Dogecoin’s inflationary nature might not allow its price to grow as fast as that of Bitcoin, $1 seems like an easy target to beat.
So, we could see some surprises along the way, but if Dogecoin DOGE finds the right catalysts, the altcoin will definitely go higher than $1 by the end of 2021.
Check Out: Will Dogecoin Reach $1?
Should I Hold Dogecoin Until 2025?
In other words, is Dogecoin a good long-term investment? Some investment experts will tell you that holding Dogecoin is not a good idea given its highly volatile and inflationary nature. This is partly true.
However, when we look back at the price history, we can see that DOGE has grown significantly. People who hodled their coins from, say, 2015, are now enjoying huge gains.
Let’s say an investor bought $1000 worth of Bitcoin on March 5th, 2019, when it was selling at a humbling low of $0.001900. That would be around 526,315 DOGE, which at the current price is worth about $260,000. That is some nice profit in just two years.
Now,.let’s assume Dogecoin trades at $5 someday in 2025. If you invest $1000 today, you will get around 2,000 DOGE, which you can then sell in 2025 for $5 each and gain $10,000. As you can see, the profit margins have reduced. That is because the growth is slower than a few years back.
But remember that based on the predictions we have seen, the price of Dogecoin could go as high as $20. So, your profit margin will depend on how high the price goes by 2025 if you buy now and hodl.
Dogecoin will likely be much more valuable by 2025. If the altcoin encounters an effective price catalyst, it could go to $20 or even higher. Otherwise, DOGE might struggle and still be around $1 when 2025 comes knocking.
All in all, Dogecoin has a promising outlook, and if you believe it will make the right addition to your portfolio, now would be a great time to buy while the price is still low.
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