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. As more dApps are developed on Ethereum, more users will be drawn to the network. It doesnt matter if you have $500 in savings or $5 million. Privacy Policy. 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. The most amazing place on reddit! However, its impossible that Dogecoin will ever get to 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. Many people dont trust the US government. WebIf Dogecoin reaches a price of $1000, the exact price of all the Dogecoin in circulation will be 129,637,821,960,000. From what Ive seen, this seems completely impossible due to many reasons but Id like Never going to happen. Today, its market capitalization exceeds $50 billion, which is higher than several big names trading at the stock market. Binance Launches The Sandbox NFT Staking Program. Yuga Labs Hires Former Epic Games CTO Mike Seavers. It would be nearly impossible for Dogecoin to reach $100, because there isnt quite enough money in the whole world. Please click here to learn how. WebTimes the amount of Dogecoin times 10,000. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Related Article: Monsta Infinite Earning Potential: Roadmap, $MONI Token Worth, Gameplay and MORE. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. Will the Doge Killer (LEASH) Reach $10,000? I'm a technical author and blockchain enthusiast who has been in love with crypto since 2020. However, its impossible that Dogecoin will ever get to $1000 per coin. Do Not Sell My Personal Data/Privacy Policy. 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. WebCan Dogecoin cryptocurrency hit $10? Therefore, to achieve $10,000 is even more unlikely. However, with no inherent value nor utility, Dogecoin is likely to fall flat in the future. Dogecoin is lower by 2.06% at $0.068 Monday. But still, its not enough to replace the US dollar., There are hundreds of cryptocurrency. The most amazing place on reddit! Its more than the whole crypto market. Its absurd. ET There are not entirely outlandish arguments to The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). Now, she is forecasting that the market cap could hit $8,000 to $10,000 sometime in 2021. This week alone, a cartoon image ofa rock sold for 555 ETH, more than $1.7 million equivalent. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. Lets explain., Unlike other cryptocurrencies, Dogecoin doesnt have a cap. 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. 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. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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, in the long term, cryptocurrencies such as Dogecoin need to offer real value to their owners if it wishes to sustain its bull run. 2023 Reddit, Inc. All rights reserved. Dogecoin has been dubbed the peoples currency thanks to its popularity among retail traders, celebrities and influencers. For more information, please see our There are Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University. Dogecoin started as a joke online, and shot up over 11,000% in value in the past 12-months. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Although Dogecoins returns have been staggering, the reality is that they have been driven by hype and misinformation. 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. WebRight now we are early, because price action is being driven by retail investors who like the charts and fundamentals. The Dogecoin trade was a dream for early adopters as it witnessed meteoric growth in the past year. Therefore, people now buy Bitcoin and hold on to it.. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. 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. Reddit and its partners use cookies and similar technologies to provide you with a better experience. WebSo in other words to put it simply for DOGE to reach $10k is roughly equivalent to BTC reaching 70 million dollars. Our whole economy revolves around traditional money. With these two factors, Ethereum is getting stability and market activity which could significantly boost its value over the next few months. A market cap of $180 billion is not impossible. Its current market cap (at $.21 a coin) is $28 billion. This launch, if wildly successful, could boost the price of tokens present on the Shibaswap platform. Do this now. 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 much wow innovative crypto-currency. 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%. Earlier this year, in February, Raoul Pal, a former Goldman Sachs GS executive, said that Ethereum ETH/USD could reach $10,000 by 2024. Magnetic Managing Director Megan Kaspar shared the sentiment in her prediction with Ethereum, as reported byYahoo! The views and opinions expressed in this article are the authors [companys] own and do not necessarily reflect those of CoinMarketCap. Every $1 that the Dogecoin price were By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Because of its nature, Dogecoin has defied logic, spiking at insane profits and dropping without market warning. Yes, Dogecoin can reach 10 dollars, at least in theory. This article is not intended as, and shall not be construed as, financial advice. 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. 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% The much wow innovative crypto-currency. Can Dogecoin Reach $1, $5, or $10 ? More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. 2023 Benzinga.com. Do you feel the rage in the eyes of this (imaginary) rabid dog character? 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. Finance report Kaspar said, "Investors are still using crypto as a favorite tool to hedge against inflation. The Ethereum 2.0 upgrade is going to make things more scalable for every crypto project currently hosted on the ETH platform. 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. Benzinga does not provide investment advice. Can Dogecoin reach $10,000? Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. Top Stock Picker Reveals His Next Potential 500% Winner. Yes, Dogecoin can reach $10. China has already banned the use of cryptocurrencies for financial institutions, and more countries could follow suit. However, $1000 per Dogecoin is unachievable. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. The price of Ripple is estimated to reach around $1 to $2 dollars max by the end of 2022. As it stands, all the countries GDP combined is not enough for Doge coins to even reach Get the Most Popular iTechPost Stories in a Weekly Newsletter. Each token has its unique aspect and uses in the Shiba environment. On the other hand, Dogecoin has promisingly low transaction fees. Its nothing more than a speculative play at this point, which offers nothing to the long-term crypto investor. Dogecoin Market Cap Today's Change (-0.00%) -$0.00 Current Price $0.08 Price as of April 26, 2023, 6:41 a.m. All rights reserved. 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. 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. WebDo you think it is possible for dogecoin to reach $10,000 (if so how and when)? Ethereum remains the dominant platform for blockchain applications. 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. 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 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. 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. Its been subject to numerous wild trading swings in the past few weeks, showing that the tide is already swinging. Ethereum remains the dominant platform for blockchain applications, but the technology is rather new. Bitcoin has seen a solid price gain and currently trending in excess of $50,000, an appreciation that was last seen back in July. At this price point the total market cap of DOGE (value of all Reddit and its partners use cookies and similar technologies to provide you with a better experience. Cookie Notice Do not reproduce without permission. 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. Towards the end of the year, beginning of next year, we'll have about a million worth of ethereum coming out of supply. 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. On the other hand, investors need to be careful with the a Doge since it might drop to $0.22. It is possible. Its not that crazy high., There are currently around 18 million Bitcoins in circulation, and it has a market cap of about $900 billion. Stock Prodigy Who Found NIO at $2 Says Buy THIS Now. Lets explain., The US has a GDP of around $21 trillion, and China has approximately $15 trillion. The price of Dogecoin is largely based on hype and network effect, which by nature is an exponential Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. It remains a highly speculative asset, and with 20% to 30% daily volatility, its not a great store value per se. 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. To enjoy our website, you'll need to enable JavaScript in your web browser. This article is intended to be used and must be used for informational purposes only. It doesnt make any sense.. Furthermore, Dogecoin and other digital assets could face serious regulatory crackdowns globally. 2023 iTech Post All rights reserved. Scan this QR code to download the app now. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. Several investors are carefully observing market trends for the next big surge where they could grab quick profits. $10 per Dogecoin is also likely within this decade. Cookie Notice 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. 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 meme crypto is higher by 7.05% over the past week. However, be warned that its trade value could be priced between $0.22 to $0.64 anytime this week. This article contains links to third-party websites or other content for information purposes only (Third-Party Sites). Copyright 2023 iTech Post All Rights Reserved. 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. Every coin has pros and cons. The second-largest crypto Ethereum has a market cap of $200 billion. To reach $1000, TRON would need to amass a $100 Trillion market capitalization. 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. Scan this QR code to download the app now. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. On the contrary, cryptocurrency is still in its infancy. 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. There is nothing to say that DOGE will not break the $10,000 barrier one day, but you should exercise extreme caution. | by randerson112358 | DataDrivenInvestor Write Sign up 500 Apologies, but something went wrong on our end. On the flip side, the internet favorite meme coin traded at dangerous levels in the last 12 hours. Monthly NFT sales also average at $900 million in August, according to NonFungible. To emphasize, Dogecoin recovered from its dangerous trading levels, saving investors from losing their money. So that will initiate it becoming a deflationary asset.". Moreover, widespread adoption remains a concern. This surprised me: yes. 7 Best Vaccine Stocks for Their Pipeline Potential. Earlier reportshighlighted Dogecoin as a crypto dependent on market trends and internet sentiment. Notably, Ethereum also expanded its network to non-fungible tokens (NFT) trading. 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 Ethereums transaction fees are also high. 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. Six hours before this article, Dogecoin dropped to $0.26 but immediately recovered afterward. Its already prohibitively high enough to be useful for daily retail transactions. Epic Games alum Mike Seavers is set to join web3 giant Yuga Labs as Chief Technology Officer (CTO), according to recent announcements. In order to keep the network secure and operational, theres always an incentive of 5 billion coins per year for miners. what are you waiting for? Therefore, he knows what he is talking about. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. Any transfer over $10,000 will have to be reported to the IRS. 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. Any transfer over $10,000 will have to be reported to the IRS. WebTheres a high probability that Dogecoin will reach $1 per coin. At the time of writing,ETH is valued at $3,254.32, with a 5.4 percent upward trend in the last 24 hours. 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/. Privacy Policy. Speculative investing by institutions could drive us to 3-4K. How Has Fiber Technology Contributed To Sustainable Development? 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. 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.
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can dogecoin reach $10,000