But there are some: one advocate and enthusiast is entrepreneur and investor Mark Cuban, who announced in March that his team, the Dallas Mavericks, would begin to accept the coin as a form of payment. Top 10 Apple Statistics and Facts for 2023. However, it is still one of the largest cryptos out there, and Elon Musks takeover of Twitter hadpeople talking about #dogecointothemoon once again before a market crash saw it fall. There were even some reports the value was closer to $0.19, as I explained for the Deseret News. In this video, I discuss what needs to take place in order for Dogecoin to reach new heights and maintain them as well. It seems unlikely that. Check out what's holding Dogecoin back of late and whether Dogecoin has a path to . Elon musk continue to express his love for meme based Crypto i.e., Doge and investor keeps investing in. Potential ROI: 58.5% BUY DOGE Price Forecast for February 2023 Fans of the altcoin are trying to get Amazon to to accept it. ; Aragons; Azrbaycanca; ; Bn-lm-g; ; ; Catal; etina; Dansk; Deutsch; (More on that a bit later). the average trading price will be $0.497. A summer rally brought the price up to $0.351 on 16 August but it fell again to $0.1945 on 26 September. All of this summed up prevents Dogecoin to succeed and rise in price for the long-term. 5,000 percent since the start of the year, skeptical of the cryptocurrencys massive rally. Even with the relatively high possibility of reaching a dollar soon, the price of DOGE still has a much better chance of doing so than the other popular meme coin, Shiba Inu. Conclusion: Yes, Dogecoin Can Reach $10. However, Dogecoin has virtually no real-world utility today. Tuesday morning was a good morning for Dogecoin investors, who saw Dogecoin trade for $0.53 more than half of a dollar, according to Forbes.. Dogecoin's recent rise. In contrast, bitcoins supply is capped at 21 million units. Potts said it was "unlikely" dogecoin would ever be a stable token but added it could become a "niche currency" for certain purposes, such as monetizing "likes" on social media. There are many DOGE skeptics out there, including Mike Novogratz. Square, and MicroStrategy have also made huge investments in the crypto. Mastercard and Visa are trying to streamline crypto payments on their networks. Dogecoin has a slim chance of succeeding. No, Dogecoin will not replace or overtake BTC. Novogratz has stated that he wouldnt take the dangerous risk of trying to short dogecoin even though he doubts its long-term prospects compared to bitcoin. Given his influence and continued and active support for Dogecoin, especially during a bull market. In fact, Markus recently wrote on Reddit that he sold his coins for (only) about enough to buy a used Honda Civic. The dogecoin price skyrocketed by 1,234% from April 2021 to peak at an all-time high of $0.7376the following month. Will DOGE be among those 5%? Institutional (and, in turn, mainstream) adoption is cited as one major factor propelling the rise of cryptocurrencies. All content on CaptainAltcoin is provided solely for informational purposes. Investors are selling risky assets and moving into more stable markets. Dogecoin price forecasts vary but they generally lean bullish. Learn More. Tesla has invested $1.5 billion in bitcoin. The first of the dog-themed meme coins, DOGE was originally launched in 2013 by software engineers Billy Markus and Jackson Palmer, who worked at IBM (IBM) and Adobe (ADBE), respectively, as a satire on the proliferation of alternative coins (known as altcoins) attempting to ride on the success of bitcoin (BTC). Wallet Investorhad a rather gloomy DOGE price prediction, suggesting that it could drop to$0.00699by 21February 2024. Unlikely, but who knows. | BTC Price Analysis, Laxmi Coin Price, Launch Date, ICO, How to Buy Laxmi Cryptocurrency, Pi Network Price Prediction 2023, 2025, 2030, 2040, 2050, Bittorrent (BTT) Coin Price Prediction 2023, 2024, 2025, 2030, 2050, Cardano (Ada) Price Prediction 2023, 2025, 2030, 2040, 2050, Bitcoin SV (BSV) Price Prediction 2023, 2024, 2025, 2030, 2050, Maker (MKR) Price Prediction 2023, 2025, 2030, 2040, 2050. But a look at Dogecoin price prediction could give an idea of this. The dogecoin news in the wake of Musks takeover of Twitter was initially positive, withthe price rallying to a high of$0.1572 on 1 November before the collapse of the FTX exchange saw it trade at about$0.07665 on 21 November. DOGECOIN traders have rallied once again this week, pushing the meme token past the 0.36 ($0.50) level - but what are the chances of DOGE reaching an even more astronomical 72 ($100) price? Suddenly, millions of new investors were looking to buy Dogecoin in hopes of future price increases. The current price of Dogecoin sits at $0.085 USD, which is some ways away from its primary goal of hitting the $1 marker. Dogecoin continued its trade at $0.002 during the start of January. By December 2025, Dogecoin is expected to reach a value of $0.547 max. The site's dogecoin price prediction for 2030 said the price could reach $0.88 that year. It makes a Dogecoin price prediction that says Dogecoin will start 2025 somewhere between $3.48 and $4.09. This is thanks to its ever-growing community. The Dogecoin supply is unlimited, and currently, around 130 billion DOGE tokens are in circulation. This is generally a good sign and portends an even better future. But theyre afraid of betting against it with money, especially with a backer as powerful as the Reddit crowd that initiated the epic GameStop short squeeze. Dogecoin will then rise to $0.57 in 2028, and $1.45 in 2030. One phenomenon seen over the years is the correlation between how much a coin is talked about, whether that be measured by mentions on social media or trends on Google, and its price. Dogecoin price reached an all-time high of $0.45 in April 2021. At that time, CNBC highlighted how a $1,000 investment at the start of 2021 would have resulted in a 12,000% return. At its recent peak, DOGE boasted returns of more than 8,000 percent for 2021. After all, the coin was worth only $0.005 on January 1, 2021, and $0.1715 by December 31. That puts a $10 price target firmly out of reach; no matter how many people buy. Remember, you should always carry out your own thorough research before making an investment. Just over a week ago, Musk tweeted, "Doge Barking at the moon, which boosted the coins price some more. Everything you need to know, Elon Musk 'wrong' to think DOGE is the 'currency of the internet', DOGE's gains this year are fuelled by hype and speculation, HMRC to demand cryptocurrency holding data from taxpayers. Eventually, the joke will stop being funny and the project will get delisted and effectively killed by the exchanges. Once stability does return, it is possible that cryptocurrencies, including Dogecoin, begin to increase in value again, and possibly to an even higher levelthan what wasseen last year. Musk tapped into the social media hype around the coin, tweeting that it was the peoples crypto. The good news is that this figure is certainly not out of the realms of. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. That would mean the market cap would be something along the lines of 1.2 Trillion. The price then steadily rose in the first few weeks of the year. If we are honest, there is not much going on for Doge aside of this welcoming and ardent community. In spite of this, his Dogecoin is worth about $20,000, and when he sells, he keeps $19,900. Dogecoin price reached an all-time high of $0.45 in April 2021. Certain factors could aid Dogecoin in its quest to reach $1. CoinCodexhad a somewhat pessimistic short-term dogecoin price prediction for 2023, saying the crypto could drop to $0.086347 by 26 February before continuing to slide to $0.084913 by 24 March. In order for Dogecoin to reach this level, a massive . Algorithm-based forecasts can be wrong and shouldnt be used as a substitute for your own research. The majority of retail investor accounts lose money when trading CFDs. Here's a closer look at some of the ways that might happen. Favorable mentions by celebrities such as Elon Musk, Snoop Dogg, and Gene Simmons have also boosted DOGE. The meme-based cryptocurrency became valued at $69 billion, which made it . The lack of any real utility, with no cap on the amount of Dogecoin that can be mined, creates a difficult environment. But Dogecoin is unique, and being in a category all on its own, a more all-encompassing assessment requires one to look at other less-traditional influencing factors. Invest better with The Motley Fool. The DOGE price was only 0.070 US dollars at the turn of the year 2022 / 2023. Well Dogecoin would then have a market cap of about $66.3 billion and that would put it at spot number four in terms of market cap. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. For many in the more traditional financial space, it may be difficult to comprehend the rise of Dogecoin. Although Dogecoin is currently at a low point, many cryptos and investments are in the same boat, and it is likely that they will bounce back once things normalize again. Luckycoin was a hard fork, or spin-off, from the litecoin (LTC) cryptocurrency, which in turn was a hard fork from bitcoin. Can DOGE hit $10? While the potential is there for a major price rally, others say that it is still unlikely that dogecoinwhich was initially launched as a parody of digital currencies using a Shiba Inu dog meme as the face of the brandcan technically reach $1. Lets take a look at some of the dogecoin price predictions and find out some more about the coin, too. Currently, there are more than 129 billion Dogecoins in circulation, and each minute 10,000 DOGE are added into the network. now we have question that Can Dogecoin keep surging to reach $1 USD or even $1000?. Should I Sell or Buy Bitcoin Before Halving? The coin will then continue to rise month by month, and the site says that by the time the year finishes, the price could be anywhere between $7.02 and $8.03. Presently, Dogecoin is trading above its 200-day simple moving average, and its performance in the last three years is over 3,000%. ", The professor conceded that it was not impossible, however. Digital Coin Price sees DOGE topping $0.55 in 2022 and hitting $0.99 in 2025. Many other coins, including Shiba Inu and Baby Doge,have come through and are attracting their own fair share of attentionwhile looking to reach their very own moons. Even Cathie Woods ARK funds have substantial exposure to bitcoin through trusts. Dogecoin has had a robust community behind it since its early days. While past performance should never be taken as an indicator of future results, knowing what the crypto has done in the past can help give us some much needed context when it comes to either interpreting a dogecoin coin price prediction or making one of our own. however, investor started holding and buying more coin that drafted doge to the moon. At the end of December 2019, Dogecoin was trading at $0.0020. Network: Buy Bitcoins Instantly Using Debit/Credit Card, Buy Bitcoin Anonymously (without Verification or ID), DOGE Price Prediction For The Next 90 Days, Ethereum Price Prediction | ETH Price Forecast, Ethereum Classic Price Prediction | ETC Price Forecast, Holo Price Prediction | HOT Price Forecast, OmiseGo Price Prediction | OMG Price Forecast, Golem Price Prediction | GLM Price Forecast, Bitcoin Cash Price Prediction | BCH Price Forecast, Litecoin Price Prediction | LTC Price Forecast, Tron Price Prediction | TRX Price Forecast, Verge Price Prediction | XVG Price Forecast, Eos Price Prediction | EOS Price Forecast, Sia Coin (SC) Price Prediction 2023 | 2025 | 2030 Future Forecast For SIA Price. You can unsubscribe at any time. CRYPTO-SAVVY is an occasional series from Inverse that explains the world of cryptocurrency and where its going next. A roadmap and governance for the future of Dogecoin. This may include adverts from us and 3rd parties based on our understanding. Dogecoin's $1 target edging closer as traders rally to push DOGE up, Dogecoin price makes explosive return as Elon Musk drops hint, Dogecoin prices have surged to record highs on Tuesday. Right now, Bitcoin needs to find a bottom before we can move in the opposite direction and reverse the trend. However, Cheems follower continue to rise so does and meme popularity also increasing at global level. Some argue that Dogecoin does not stack up when compared to tried and tested digital currencies like Bitcoin. founded Dogecoin with fellow software engineer Jackson Palmer, Everyone Practices Cancel Culture | Opinion, Deplatforming Free Speech is Dangerous | Opinion. Dogecoin, a meme-inspired cryptocurrency that was started as a joke in 2013, is now worth more than $10 billion after a gravity-defying year-to-date rally of 1,500%. Dogecoinskyrocketed almost 12,000% from the start of 2021 up until the beginning of May, when it hit an all-time high of $0.74. Please note that some links on CaptainAltcoin.com are affiliate links. Can Dogecoin reach $10? This would be less than 50% higher than the all-time high of about $0.70 per DOGE. Now, there are also voices of more measured experts who indicate that over the decade, the. It has nearly reached .70 now and may easily reach as high as $1 after SNL tomorrow night. However, Dogecoin still has the potential to reach 1 dollar. But most importantly, the total supply of Dogecoin makes it possible for the token to reach $1 faster than Shiba Inu or any meme coin, for that matter. When cryptocurrencies were just entering popular consciousness, Billy Markus and Jackson Palmer decided to make a parody of Bitcoin (BTC), a token that would show that cryptocurrencies dont have to be taken so seriously. It has also inspired thousands of other meme coins. The 0.72 ($1) target seems much more realistic at this stage, although the last attempt to push DOGE up on "Dogeday" (April 20), ended with the token plunging in value. At that time,there were 132.67 billion DOGE in circulation, representing the total supply. The big break for Dogecoin came in 2021 when its price increased by roughly 3,000% over the course of the year. The cryptocurrency Dogecoin was created in 2013, but it wasnt until early 2021 around the time of the now-infamous Reddit-fueled GameStop and AMC short squeeze sagas that the coin started to attract more mainstream attention. John Finn is a technology editor and writer for Screen Rant. After a strong rally in the middle of the month, the DOGE was able to climb to more than $0.091. As Dogecoin has returned more than 5,000 percent this year, a run-up to $10 might not seem like much to some. Every $1 that the Dogecoin price were to increase would require an additional $180 billion in 2030. In the world of cryptocurrency valuations, I would say, historically the question is less about 'why?' $10 per Dogecoin is also likely within this decade. While Im not offering financial advice here, all things considered, the short answer is probably, yes. Positive, growing sentiment surrounding the cryptocurrency industry as a whole (in just the past few weeks, DOGE, BTC, and ETH all hit all-time highs), a community of passionate Dogecoin supporters, and plugs from tastemakers like Elon Musk all could drive the price up higher. The foundation was later dissolved, but it relaunched in 2021 as the coin attracted new investors and the price soared. If you are considering investing in cryptocurrency coins or tokens, we recommend that you always do your own research. The dogecoin community believes the altcoin is worth much more than the market currently values it. However, due to the large supply, which is ever-increasing, the market cap would have to grow larger than 1.3 trillion USD. DOGE dropped to $0.1107 on 13 March before making another attempt at the $0.17 level on 5 April. 763,393 views Jan 29, 2021 Can Dogecoin reach $10? But this has not stopped the speculation among many investors that Dogecoin will moon. I wish I woulda read this article in November or December..MucH WoW!!! Apple's subscription services generated $78.13 billion in 2022. Capital Com is an execution-only service provider. 2 Joe Cartel On the other hand, Dogecoin is inflationary and has no supply limit. Apple's sales dropped by 5.49% year-over-year in Q4 of 2022. To reach $100 by 2030, Dogecoin would need to have $18 trillion invested in it. The altcoin has caught the attention of many investors after its market value recently soared past $50 billion, making it bigger than automaker Ford Motor and almost equal to Jack Dorsey-led Twitter (TWTR). Bitcoin has fallen 75% from its all-time high amid broader market declines caused by raging inflation and US Fed rate hikes. However, Dogecoin still has the potential to reach 1 dollar. If Dogecoin were to reach this market cap - the price can be calculated through dividing the market cap (2 trillion) by the supply (128 billion). At a current price today of $0.21, the Dogecoin market cap now has a value of $31 billion dollars. But that might not happen very soon, especially not if the crypto winter persists. Sam Onigbanjo, founding partner at the Capital Markets Academy told Express.co.uk: "Dogecoin is currently at 0.29 ($0.40) and in the short term will overtake 0.70 ($0.50). In spite of the celebrity endorsements, Dogecoin is not the only meme coin circulating these days. That has crypto investors wondering if the. One of the reasons Dogecoin and other cryptos have suffered in recent months is the instability of the market in general. Sending DOGE's price to $10 may be the next target for the fans if it hits the initial milestone. Can Dogecoin, valued at more than $19 billion and now the world's 12th-most valuable cryptocurrency (as of Jan. 10), eventually hit $1 per token? After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. The Shiba Inu coin, launched less than a year ago and named after the dog breed, is a cryptocurrency that trades as SHIB and champions itself as the "Dogecoin killer." A single SHIB coin is . From its current price of just under $0.15, Dogecoin would need to rise more than sixfold to reach the $1 mark. Ethereum co-founder Vitalik Buterin confirmed that Dogecoin would be moving from proof-of-work to proof-of-stake some months ago. SHIB Price Prediction 2023 - 2030. Coin is also still listed on all major exchanges which indicates that Dogecoin is far from a dead project. At the time of writing, a single dogecoin was worth $0.25, up more than 80 percent in the past 24 hours according to CoinMarkCap data. Long-time DOGE holders who adopted the token in its infancy have already enjoyed spectacular gains this year and have broken the 0.36 ($0.50) barrier on Tuesday. That could also drive its price. In early February, enticed by a friend who is an avid Redditor, I put $50.00 into the coin on Robinhood when it was at about $0.03 and was able to double my money by selling a week later at $0.07. GME's spike was fuelled by short-sellers being forced to cover their positions as the stock's value rose instead of tumbling but it gave hope to other traders looking to make money this year. This is a joke coin never meant to stay alive this long, nor to reach these market caps and market exposure. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. Now, there is no category that would gain at 30% per annum for 40 years in a row. Crypto is still perceived as a very risky play and hence the sell off. This aged like milk. Dogecoin reaching $1 is a distinct possibility. ErgMaN_2point0 2 yr. ago. at any given moment doesn't really make for a good investment case. Before you do so, however, you will need to conduct your own research and never invest more money than you can afford to lose because prices can go down as well as up. For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. He told Newsweek: "I would be very surprised to see DOGE coin hit $1, mostly because of its extremely large and inflationary supply schedule. Dogecoin is even more bizarre in that respect., Novogratz and other proponents of Bitcoin so-called Bitcoin Maximalists who believe that the Bitcoin network will provide everything that investors want in a digital currency in the future also point to its inherent scarcity as a characteristic supporting its value. If You Invested $10,000 in Dogecoin in 2020, This Is How Much You Would Have Today, Beyond Dogecoin and Shiba Inu -- These 3 Cryptos Are Better Buys, 2 Reasons to Avoid a Roth 401(k) for Your Retirement Savings, Want $1 Million in Retirement? We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. To reach $100 by 2030, then, there would have to be $18 trillion invested in Dogecoin. DOGE climbed to $0.2819 on 24 October, but turned bearish into 2022 along with the broader markets, remaining in a downward trend with lower highs and lower lows. The DOGE price soared from $0.004681 at the start of 2021 to its all-time high of $0.7376 on 8 May 2021, a gain of more than 15,650%. Yes, Dogecoin is a PoW coin that can be mined with the so called merged-mining techniques. DOGE Price Prediction, integral to Dogecoin's rise to popularity, moving from proof-of-work to proof-of-stake. Most Dogecoin predictions are bearish. One thing should be said here, that over the past few months, these incredible price increases have indeed provided opportunities to make money in the short term. So what is the latestdogecoin forecast? Will Shiba Inu Coin Reach 50 Cents? The spike followed Coinbase IPO that generally boosted cryptocurrencies across the board. I mean, its shocking to me that GameStop continues to hold any value, Novogratz said. Join the 500.000+ traders worldwide that chose to trade with Capital.com, Also you can contact us: Putting aside this aforementioned focus on the cryptocurrency and its hype value, lets look at Dogecoin through a more traditional lens. To make the world smarter, happier, and richer. It would be nearly impossible for Dogecoin to reach $100, because there isn't quite enough money in the whole world. But the possibility of hitting $10 still seems way into the future. So it's already something you can trade for all sorts of items. Despite the post-FTX bakruptcyfall, though, DOGE was still worth more than it wastwo months earlier. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. With more than 18.5 million units already mined, a bitcoin scarcity is fast-approaching and investors are rushing to buy while its still cheap (relatively speaking). Im not the only one, right?". Saturday, 4th March 2023See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. The foundation is led by members of the original development team as well as advisers, core developer Max Keller, Ethereum (ETH) co-founder Vitalik Buterin, and Jared Birchall, representing Elon Musk. On Monday, April 19, Dogecoins market capitalization (equated by multiplying a coins current price by its circulating supply) hit $50 billion for the first time, with the coin itself hitting an all-time high of $0.45 made possible by surges of roughly 500 percent from the previous week and roughly 5,000 percent since the start of the year. And after eight years of trading for fractions of a penny, Dogecoin's market cap of 64.47billion ($89.69billion) is now greater than that of Twitter. However, it's impossible that Dogecoin will ever get to $100 per coin. This feature has led some in the crypto space to dub Bitcoin as digital gold.. The history of meme coins started with Dogecoin. After DOGE climbed to near $0.16 in late October due to Elon Musk's Twitter acquisition, the price has been mainly bobbing around below $0.10 this year, while the price is now facing further losses. Elon Musk's support was integral to Dogecoin's rise to popularity, and his influence within the community has not diminished. No, our prediction model sees no possibility for Dogecoin to reach $1 in the short or mid-term period. Other adopters include Latvian airline airBaltic, electronics retailer Newegg, and luxury resort group the Kessler Collection. Dogecoin (DOGE) Price $0.089 Market Cap $12.29 B Continue Reading From The Original Source When add the most recent melt-downs of huge industry players (FTX, Celsius, Luna etc) into the equation, the horizont is murky and there will be more blood on the streets of the crypto town. For the short-term future, it could reach $0.0694. The sites dogecoin price prediction for 2030 said the price could reach $0.88that year. In the next chapter of the Reddit stocks . Recent weeks and months have not been great for cryptocurrencies in general, with many having lost significant value since 2022 began. Whether Dogecoincan bounce back enough to finally reach the Moon is unknown, though the possibility shouldn't be ruled out. At its height in May of last year, Dogecoin hit $0.64 USD, a price that was much closer to its $1 target price. The dogecoin price took off in 2021 as cryptocurrency markets rallied, gaining popularity on social media and prompting the launch of other shiba inu dog-themed coins. And how much will it be worth? Dogecoin prices have broken through the $0.50 level but will they go higher? To put the meteoric rise into perspective, software engineers Billy Markus and Jackson Palmer conceived the token as a joke in 2013. It has no first mover advantage, it brings no unique value proposition, it has a weak team and small community behind it. Here, we discuss Dogecoin's performance history and answer the question, can the Dogecoin price reach $1? If Shiba Inu gains 30% a year (assuming a burn of 50% of its supply) it will take 43 years for Shiba Inu to reach 50 cents. The meme coin is . The answer lies in its astonishing returns. At the time, many investors were eagerly awaiting the resolution to the question: Will Dogecoin reach $1? While it failed to do so in 2021, it showed that Dogecoin can reach 1 dollar, as long as a strong social media push and a broader crypto market upswing are in play. Dogecoin still battling for 10th position with stellar, Uniswap and Chainlink, as of writing it currently holding 8th position with 1.07 Billion totals worth. Dogecoin could hybernate its way into the future as a sentimental value that early adopters keep cherishing and using for meme and joke purposes. This was due to support from influential people such as Elon Musk and Mark Cuban. Its first major. Box N-4865, Nassau, Bahamas. First, the coin does not (as of now) have many real-world applications. The chances of DOGE hitting $1 in 2023 seem high according to Coincodexs DOGE prediction, the meme coin could be worth as much as $1.21 in May 2023. The team at CaptainAltcoin.com only recommends products and services that we would use ourselves and that we believe will provide value to our readers. Before 2021, the token existed on the fringes of the crypto space, with only the hard-core community members paying attention to it. What Is Shiba Inu (SHIB)? The market has yet to decide whether it will continue its downtrend or start an uptrend this year. But the current market conditions are causing many to reconsider their stance. An Amazon endorsement would generate an even much bigger boost to the meme cryptocurrency. Now that Elon Musk has taken over Twitter, it could work favourably for dogecoin. The majority of projects will fail some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. 24 MAR, 11AM UTC. But remember, the cryptocurrency industry is still young and volatile, and due to Dogecoin having a weak use case and no supply cap, while the numbers may be looking good now, it could easily go the other way. I would have been okay with losing the $50.00 (I half expected to), which meant I was pleasantly surprised when I made a small profit. More info. According to the technical analysis of Dogecoin prices expected in 2023, the minimum cost of Dogecoin will be $0.119988. Tesla has started accepting Bitcoin payments for its cars and now holds some of the digital currency on its balance sheet. Une augmentation de 20% dans les prochaines semaines parat trs probable. And Venmo's foray into the space puts the company among a growing suite of large institutions that have more recently begun accepting or at least recognizing the value of digital currencies. Dogecoin is not a good long-term hold. #DogecoinToTheMoon", Another person said: "I feel like an addict checking #dogecoin price every 30 seconds. Offers may be subject to change without notice. No, Dogecoin can not make you a millionaire as we do not see it doing a 10x price increase any time in the future. That contrasted with bitcoins 90 percent and ethers 240 percent. Will Dogecoin ever reach $100? Even the original founders, Jackson Palmer and Billy Markus, stopped working on Dogecoin in 2015. Bitcoins supply is limited to 21 million coins, there being around 18.69 million currently in circulation. Let's examine why. Reasons for Dogecoin to go up and rise in price are scarce. Markus, who founded Dogecoin with fellow software engineer Jackson Palmer in 2013, told Newsweek via email this week that the market ultimately decides the price. Affiliate partners cannot pay CaptainAltcoin to guarantee favorable review or higher ratings on the website.