Stock Prodigy Who Found NIO at $2 Says Buy THIS Now. But still, its not enough to replace the US dollar., There are hundreds of cryptocurrency. Never going to happen. Dogecoins enthusiasts believe that it provides real value to its users, particularly in lower transaction fees. 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. 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. To see 10,000 QNT will need some real world deployment by big players. Thats why over the years, Bitcoin and other cryptocurrencies became popular., Still, the regular currency has superior use cases and functionality than cryptocurrency. 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. 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. Will the Doge Killer (LEASH) Reach $10,000? The post Dogecoin May Hit $1, But Its Not a Good Play In the Long Term appeared first on InvestorPlace. However, with no inherent value nor utility, Dogecoin is likely to fall flat in the future. 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. Lets explain., The US has a GDP of around $21 trillion, and China has approximately $15 trillion. Privacy Policy. Now, she is forecasting that the market cap could hit $8,000 to $10,000 sometime in 2021. JohnniePeters 2 yr. ago Still don't get that MicroStrategy and Grayscale are asleep on QNT. Therefore, to achieve $10,000 is even more unlikely. 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. There is nothing to say that DOGE will not break the $10,000 barrier one day, but you should exercise extreme caution. As more dApps are developed on Ethereum, more users will be drawn to the network. I'm a technical author and blockchain enthusiast who has been in love with crypto since 2020. Its already prohibitively high enough to be useful for daily retail transactions. 2023 Benzinga.com. Speculative investing by institutions could drive us to 3-4K. 100 yes . Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University. Even if single crypto becomes the worlds de facto crypto still, theres no possibility that Dogecoin will ever become more valuable than the whole worlds GDP. Get the Most Popular iTechPost Stories in a Weekly Newsletter. WebDo you think it is possible for dogecoin to reach $10,000 (if so how and when)? China has already banned the use of cryptocurrencies for financial institutions, and more countries could follow suit. 2023 Reddit, Inc. All rights reserved. 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. Its more than the whole crypto market. WebIf Dogecoin reaches a price of $1000, the exact price of all the Dogecoin in circulation will be 129,637,821,960,000. The transaction cost of Bitcoin is rising steadily. Wider acceptance, faster and easier transfer are a few of them. 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. 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. 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 By the end of 2030, there will be 180 billion Dogecoin in circulation. The price of Dogecoin is largely based on hype and network effect, which by nature is an exponential However, not many currencies share the madpower of the. The Shiba Inu ecosystem consists of three major tokens SHIB, LEASH and BONE. As of now, the price of the LEASH token and current technical indicators point towards a bullish sentiment. 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. The much wow innovative crypto-currency. Copyright 2023 iTech Post All Rights Reserved. Webknow here: Dogecoin Price Prediction Now looking at next milestone that probably $10, $100, $1000, in which $10 quite possible in next 5 to 10 year, but $100 USD and $1000 is All rights reserved. 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. 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/. 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. So, for $1000 per Dogecoin, the total market cap of Doge would be more than $180 trillion, two times that of the worlds economy. 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. They want a financial system that is independent of any government control. Dogecoin offers virtually no utility to its owners in comparison to other cryptocurrencies. Join the thousands already learning crypto! More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. 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. Dogecoin started as a joke online, and shot up over 11,000% in value in the past 12-months. Finance report Kaspar said, "Investors are still using crypto as a favorite tool to hedge against inflation. The price of Ripple is estimated to reach around $1 to $2 dollars max by the end of 2022. Epic Games alum Mike Seavers is set to join web3 giant Yuga Labs as Chief Technology Officer (CTO), according to recent announcements. 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. Its been subject to numerous wild trading swings in the past few weeks, showing that the tide is already swinging. 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. Therefore, people now buy Bitcoin and hold on to it.. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. : dogecoin. Many crypto analysts believe that the LEASH token has a high potential of price appreciation in the near future. 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. 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. 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. Yuga Labs Hires Former Epic Games CTO Mike Seavers. Cookie Notice Therefore, $1 per Dogecoin is not a pipe dream. 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. It is possible. 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. Every coin has pros and cons. Analysts fromYahoo! 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. and our Ethereum has been doing relatively well in these last couple of weeks, do much so thatbanking executives forecast a "seismic" shifthappening. It doesnt make any sense.. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Therefore, its tough to predict which one will become mainstream cryptocurrency. Do not reproduce without permission. As it stands, all the countries GDP combined is not enough for Doge coins to even reach Our whole economy revolves around traditional money. Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion, the Treasury said. To reach $1000, TRON would need to amass a $100 Trillion market capitalization. Therefore, he knows what he is talking about. The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). 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!) Let me write that in words: 129.64 trillion dollars. If Dogecoin is very unlikely to reach 1000, then $10,000 is a pipe dream. Just a $10,000 investment in the struggling movie theater chain would be worth $129,765 now. What Happened: Today, its market capitalization exceeds $50 billion, which is higher than several big names trading at the stock market. 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. Ethereum remains the dominant platform for blockchain applications, but the technology is rather new. Ethereums transaction fees are also high. Many people dont trust the US government. Please click here to learn how. Because of its nature, Dogecoin has defied logic, spiking at insane profits and dropping without market warning. However, its impossible that Dogecoin will ever get to $1000 per coin. Can Dogecoin Reach $1, $5, or $10 ? Reddit and its partners use cookies and similar technologies to provide you with a better experience. The Ethereum 2.0 upgrade is going to make things more scalable for every crypto project currently hosted on the ETH platform. However, $1000 per Dogecoin is unachievable. This article contains links to third-party websites or other content for information purposes only (Third-Party Sites). $10 per Dogecoin is also likely within this decade. This survey was conducted by Benzinga in July2022 and included the responses of a diverse population of adults 18 or older. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. 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. This article is not intended as, and shall not be construed as, financial advice. 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? and our However, Dogecoin will never reach $1000 per coin. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. 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%. Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. 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. Privacy Policy. Binance Launches The Sandbox NFT Staking Program. Furthermore, Dogecoin transfer time is 10x faster than Bitcoin., So, theres the tremendous growth potential for this coin. His tweets introduced the cryptocurrency to millions of his followers and created a market frenzy. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. r/dogecoin Can this actually reach $10? WebSo in other words to put it simply for DOGE to reach $10k is roughly equivalent to BTC reaching 70 million dollars. Do this now. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. banking executives forecast a "seismic" shift, Elon Musk Twitter Mockery: SpaceX CEO Punches Back at Jeff Bezos Amid Lawsuits, Monsta Infinite Earning Potential: Roadmap, $MONI Token Worth, Gameplay and MORE, Microsoft to Remove Teams from Office Bundle Due to Antitrust Issue, Yelp Will Now Use Video Reviews and AI in the App's Search Feature. Reproduction in whole or in part without permission is prohibited. For more information, please see our Lightning Labs Releases LiT-D: A Unified Platform for Simplified Lightning Network Node Management. Cookie Notice Six hours before this article, Dogecoin dropped to $0.26 but immediately recovered afterward. 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. However, its impossible that Dogecoin will ever get to More countries are also likely to follow suit in developing their own set of regulations. To enjoy our website, you'll need to enable JavaScript in your web browser. As treasury printing money, the government adding debt recklessly, and inflation soaring, many are dissatisfied. She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. It remains a highly speculative asset, and with 20% to 30% daily volatility, its not a great store value per se. 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 Its current market cap (at $.21 a coin) is $28 billion. This article is intended to be used and must be used for informational purposes only. The study reflects results from over 1,000 adults. Woah, thats 2023 iTech Post All rights reserved. The much wow innovative crypto-currency. 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. From what Ive seen, this seems completely impossible due to many reasons but Id like Furthermore, Dogecoin and other digital assets could face serious regulatory crackdowns globally. In five to 10 years' time, cryptocurrencies might even replace traditional fiat currencies. Earlier reportshighlighted Dogecoin as a crypto dependent on market trends and internet sentiment. The race is on for it to eclipse the $1 mark, and though its plausible, its clear that the crypto will falter in the long run. Finance. 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. From our experience with Bitcoin and Ethereum, we expect that Dogecoin will reach $1 because it has far more potential than Bitcoin. On the other hand, investors need to be careful with the a Doge since it might drop to $0.22. 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. Scan this QR code to download the app now. 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. Bitcoin has seen a solid price gain and currently trending in excess of $50,000, an appreciation that was last seen back in July. Additionally, Dogecoins listing on various cryptocurrency exchanges will further impact its price in the short term. Its nothing more than a speculative play at this point, which offers nothing to the long-term crypto investor. 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. Read Also:Elon Musk Twitter Mockery: SpaceX CEO Punches Back at Jeff Bezos Amid Lawsuits. Moreover, widespread adoption remains a concern. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. The second-largest crypto Ethereum has a market cap of $200 billion. 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. On the other hand, Dogecoin has promisingly low transaction fees. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. 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. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. Moreover, as there are 5 billion coins per year for miners, the Dogecoin transfer fee will remain low. Ethereum remains the dominant platform for blockchain applications. How Has Fiber Technology Contributed To Sustainable Development? Earlier we concluded that it will be nearly impossible for Ripple to reach a value of $1,000 per coin in the near future. 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. Top Stock Picker Reveals His Next Potential 500% Winner. The Shiboshi NFT characters will also be featured in the upcoming Shiboshi Game, where players can use their NFTs for strategic gameplay. Scan this QR code to download the app now. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. Its absurd. In order to keep the network secure and operational, theres always an incentive of 5 billion coins per year for miners. Given the market cap requirements for a price of $10000 reaches thousands of trillions, it is quite impossible for Dogecoin to reach $10000 Note: Crowdwisdom360 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. Monthly NFT sales also average at $900 million in August, according to NonFungible. However, there is one problem a sufficient amount of money should be put into Dogecoin to get the meme coin to the $10 level. There are Every $1 that the Dogecoin price were Although Dogecoins returns have been staggering, the reality is that they have been driven by hype and misinformation. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Ethereum would need to rise some 510% from current levels to reach $10,000. However, be warned that its trade value could be priced between $0.22 to $0.64 anytime this week. what are you waiting for? 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. With these two factors, Ethereum is getting stability and market activity which could significantly boost its value over the next few months. This week alone, a cartoon image ofa rock sold for 555 ETH, more than $1.7 million equivalent. Do you feel the rage in the eyes of this (imaginary) rabid dog character? Yes, Dogecoin can reach 10 dollars, at least in theory. WebCan Dogecoin cryptocurrency hit $10? In a Yahoo! ET There are not entirely outlandish arguments to To emphasize, Dogecoin recovered from its dangerous trading levels, saving investors from losing their money. Lets explain., Unlike other cryptocurrencies, Dogecoin doesnt have a cap. A market cap of $180 billion is not impossible. Celebrity endorsements have had an incredible impact on the cryptos price. #Uptober is in full trend and the Bull Gods are shining down on the crypto world. 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 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.

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