When will Doge reach $0.1?

Despite its early 2021 surge, Dogecoin is now struggling to recover from its plummet in price since May 2021, leaving new and first-time investors facing losses. The cryptocurrency has been moving very slowly, disappointing investors who have been holding onto it for months with little gains. Analytics and on-chain metrics price prediction firm CoinPriceForecast has estimated that Dogecoin might not breach $0.1 in 2023, reaching a maximum high of $0.0945 this year and ending December 2023 by trading at $0.0846 levels. The firm predicts that Dogecoin might breach $0.1 only in mid-2024, touching $0.1 in Q2-Q3 of 2024 before retracting in price to $0.09. This suggests that Doge might not cross the $0.1 mark and trade above it in 2024. The uncertainty surrounding the DOGE-1 space rocket launch date also seems to have reduced its hype. At press time, Dogecoin was trading at $0.071 and down 2.7% in the 24-hours day trade, down 90.21% from its all-time high of $0.73 reached in May 2021.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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