As a viral memecoin sensation, Dogecoin’s renewed interest among bullish memecoin lovers has set the altcoin on fire. Joining the rally, DTX Exchange (DTX) is by far the hottest crypto after Dogecoin as its jaw-dropping presale rally gains momentum. This deFi project is pulling investors from other renowned cryptocurrency networks as its prominence grows high.
Dogecoin is currently trading at the $0.39 mark on Wednesday after reaching a monthly high of $0.46 in November. Its price is facing a slight correction due to the ongoing market downturn. Investors believe that DOGE could breach the $1 milestone this time around as the market is primed for a bull run.
Tesla CEO Elon Musk is pushing DOGE to the White House and could scale up its price in the charts. However, a new and revised price prediction indicates that Dogecoin could reach the $0.98 mark. That’s shy of hitting the $1 target and falling behind by 2 Cents. In this article, we will highlight the tentative timeline for when the DOGE meme coin could reach the $0.98 mark.
The Finder’s panel of experts has forecasted that Dogecoin will reach $0.98 in 2030. That’s nearly five to six years from today and is considered to be a long-term holding. That’s an uptick and return on investment (ROI) of approximately 150% from its current price of $0.39. Therefore, an investment of $1,000 could turn into $2,500 in the next five years if the forecast turns out to be accurate.
Source: Finder
Much of Dogecoin’s success is tied to Elon Musk as he’s a major proponent of the meme coin. He once proudly proclaimed that DOGE is “the people’s currency” and plans to send a rocket to space named DOGE-1. If Musk accepts Dogecoin as an official payment for X and Tesla, its price could skyrocket and reach new heights.
Dogecoin might be sitting on a 362% gain this year, but it’s still trading below its record high of $0.73 from 2021. In fact, it was sitting near a 52-week low as recently as two months ago, but that all changed when former President Trump won reelection with the help of Tesla CEO Elon Musk.
Musk called Dogecoin his favorite cryptocurrency in 2021. He regularly promoted it on social media using memes, and he even participated in a Dogecoin-related comedy skit on May 8, 2021. Unfortunately, the cryptocurrency plunged by 92% following that event because investors realized Musk had no concrete plan to back up his support.
DTX Exchange (DTX) is designed to be a one-stop platform that caters to the needs of both experienced traders and newcomers to the crypto market. As a leading crypto trading platform, DTX Exchange offers an intuitive and easy-to-navigate exchange, ensuring a seamless trading experience for users of all skill levels.
With a diverse range of asset classes available, including cryptocurrencies, equities, foreign exchange (FX), and contract-for-differences (CFDs), DTX Exchange shares a world of opportunities for traders to diversify their portfolios. That said, this deFi network presents strong possibilities of outshining Dogecoin (DOGE) in the long run.
DTX Exchange’s Massive Presale Performance Hits Leaderboard
The surging performance numbers in DTX Exchange (DTX) have ranked the platform as the top player in the crypto ecosystem. Unlike other traditional platforms, this deFi project creates a financial hub that is inclusive, secure, and technologically advanced. DTX Exchange exists to deliver a future where anyone, regardless of their background or location, can participate in the global financial markets.
As Dogecoin (DOGE) eyes to hit $0.98 in the long run, DTX Exchange (DTX) presents strong challenges for the memecoin sector as its growing adoption among savvy investors ranks it as the most demanded AI crypto under $1. Join now!
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