Will Dogecoin Break Out Without Elon Musk? A Prediction of Its Price for 2025-2030
Dogecoin Core developer Michi Lumin has hinted at the imminent release of LibDogecoin version 0.1.3, a simple C library that allows for the direct integration of Dogecoin into various platforms without blockchain knowledge. Although DOGE has been subject to many shocks recently, including a $307 million loss after the failure of Silvergate Capital, its value remained relatively stable at $0.07353 at the time of writing. DOGE has seen popularity grow thanks to celebrity endorsements from Elon Musk, Snoop Dogg, and Mark Cuban. Dogecoin was originally created as a joke in 2013 by software engineers Billy Markus and Jackson Palmer to satirize the cryptocurrency industry. However, as it gained more mainstream traction and valuation, it has become the tenth largest cryptocurrency and, after Bitcoin, the second largest Proof-of-Work (PoW) cryptocurrency following the Ethereum Merge. Therefore, Dogecoin projections are watched closely by cryptocurrency enthusiasts as they provide an indicator of the market value of memecoins such as Shiba Inu and other joke cryptocurrencies. Although growth in the price of Dogecoin has historically been linked to its social media presence, the development of LibDogecoin could herald a new era of integration and value stability for the currency.