Dogecoin (DOGE) Price Prediction (June, 2024) - Comparewise
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Dogecoin (DOGE) Price Prediction (June, 2024)

This altcoin quickly rose to become one of the best meme coins on the market since its debut in 2013. However, with a volatile past, we are taking a closer look to bring you this Dogecoin (DOGE) price prediction for better insights.

Dogecoin (DOGE) price prediction from experts shows a modest increase in the token price to $0.08 by the end of 2022. Though selling at $0.06 currently, the meme token should hit $0.19 in 2025 and experience exponential growth before 2030. Dogecoin may have a community, but its lack of an outstanding utility will make its growth pattern intriguing to watch.

Dogecoin offers a decentralized and secure network. A recent Dogecoin (DOGE) price prediction places the token as a viable and more accessible alternative to Bitcoin. However, can a vibrant community save this unique token?

This altcoin finds extensive use in “tipping,” which involves giving it as a compliment for generating or sharing exciting content. It is user-friendly as it requires no special training or expertise. Also, its widespread compatibility is a plus compared to other crypto coins.

Dogecoin has gathered booming popularity, resulting in a high adoption rate. A large community of fans put their faith in the token, forming the primary infrastructure of the altcoin. With a high adoption rate, a positive Dogecoin (DOGE) price prediction is in view.

In this Dogecoin (DOGE) price prediction, we will offer expert views on the token’s price in the coming years. While we forecast up to 2030, you will also benefit from our detailed historical analysis.

You will get adequate information before deciding on buying this altcoin. With that in mind, let us begin by looking at how it will fare by the end of 2022.

Dogecoin (DOGE) 1-year prediction

Like every other altcoin, it is crucial to know the Dogecoin (DOGE) price prediction for one year before digging into your wallet. The token might sell for $0.06, but it is on solid footing to hit $0.1 by the end of 2022.

Let us see what renowned experts say about the Dogecoin (DOGE) price prediction.

Digital Coin Price

Digital Coin price projects DOGE to trade at an average of $0.0845 by the end of 2022. This figure is a modest increment from its trade value of $0.06 as of August.

However, the expert analysis further shows that the altcoin could hit a high of $0.0974 in December. Though still shy of breaking the $0.1 mark, it is a significant increase of 46.54%.

A closer look at Digital Coin’s Dogecoin (DOGE) price prediction reveals that the coin will hit its highest in October. Nevertheless, the marginal drop from 0.0982 to $0.0974 is negligible.

Wallet Investor’s Dogecoin (DOGE) Price Prediction

Wallet Investor forecasts DOGE to end the year at close to $0.1 in price. However, that will come after a price drop from above $0.1 between August and September.

Though marginally, this expert’s Dogecoin (DOGE) price prediction forecasts the price to remain above today’s value. As a result, it opines that DOGE will be a profitable 1-year investment.

Price Prediction Forecast for DOGE

Price Prediction’s forecast is not far from Wallet Investor’s Dogecoin (DOGE) price prediction. This expert sees the altcoin hitting an average of $0.1 by the end of 2022.

You can expect a marginal increase every month until it hits a high of $0.12 in December. However, the token could trade for as low as $0.097 in the same month.

dogecoin (doge) price prediction - comparewise

Dogecoin (DOGE) Price Prediction 2025

With the Dogecoin (DOGE) price prediction for 2022 looking good, let us look at its forecasted trading value in 2025.

The lack of an outstanding utility remains DOGE’s most prominent limitation. However, it might maintain good traction, with prominent figures like Elon Musk and Mark Cuban showing open support for it. 2025 is still three years from now, considering all the global events that could happen.

Though this token has a robust fan base, it is not immune to the volatile nature of the crypto market. Here are a few expert opinions on the Dogecoin (DOGE) price prediction for 2025:

Price Prediction’s DOGE Forecast for 2025

With a steady growth from January, Price Prediction forecasts that the altcoin will settle at $0.37 by the end of 2025. That value is the maximum, while the minimum price may be $0.30.

Though Price Prediction expects the coin to start the year at $0.21, it is still a drop from $0.26 in 2024. With that in mind, the token will require a steady trajectory to reach its high of $0.37. The average trading value by December 2025 should be around $0.31.

Digital Coin’s Dogecoin (DOGE) Price Prediction

Digital Coin has a more modest trajectory for Dogecoin. This expert forecasts the token to begin 2025 at $0.11 and maintain an average run throughout the year.

This expert expects minimal fluctuations before the token ends the year at a maximum price of $0.15. However, the minimum trading value at the time should be $0.12.

If you look closely at this Dogecoin (DOGE) price prediction, it shows a marginal increase throughout the year.

Dogecoin (DOGE) Price Prediction 2030

Dogecoin has a loyal community that can quickly rally around it in times of crisis. The strong support could invariably result in a positive growth rate, even in stormy conditions.

If more prominent figures show their support for this altcoin, its value will increase remarkably in the crypto market.

Price Prediction’s DOGE Forecast 2030

Price Prediction forecasts a positive run for Dogecoin in 2030. Eight years from now, this expert believes the altcoin will reach a maximum of $2.42 with its current growth.

DOGE will start the year at $1.41 and maintain a steady climb throughout the months. The altcoin will cross the $2 mark if it reaches an average trading value of $1.84 by mid-year.

Though Price Prediction’s forecast shows steady growth, the rate is slow and increasingly marginal.

Digital Coin’s DOGE Forecast 2030

Digital Coin’s forecast shows an even stiffer growth rate for the altcoin. Remember that this expert forecasted it to reach a value of $0.15 in 2025, barely above 2x its current value.

For 2030, Digital Coin predicts that the token will maintain an average trading value of $0.30 throughout the year. It forecasts the altcoin alternating between $0.29 and $0.30 as the months roll by.

$0.30 barely scratches the surface of Price Prediction’s forecasted value of $2.41 in 2030. Nevertheless, it is one possible path the altcoin might take.

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Dogecoin (DOGE) historical analysis

We can now review historical data after looking at the Dogecoin (DOGE) price prediction for 2025 and 2030. Though DOGE launched in 2013, let us begin in 2018 and walk backward to today.

2018

DOGE maintained a bullish run since its launch, hitting a maximum trade value of $0.0069 in 2018. Although this trading price occurred in the early months, the run was over 300% since its launch.

The altcoin matched this price by hitting an impressive market capitalization. In 2018, DOGE breached the cap of $2 billion. However, this price increase was nothing compared to the investments in Bitcoin and other crucial cryptos.

At this time, the Dogecoin (DOGE) price prediction looked good, considering the growing community. Nevertheless, the value fell to $0.00271 by the end of the year.

2019

Dogecoin did not pull off any impressive feats in 2019. Though it maintained its value throughout the months, it fluctuated by a few cents.

Despite not having a marginal increase throughout the year, it ended at a high of $0.002394. This value is slightly lower than in 2018 but within the average range.

2020

DOGE’s unimpressive run continued throughout the first half of 2020, though some might argue that it was stable. 2020 upturned the crypto market, but the stability made Dogecoin (DOGE) price prediction position the altcoin for growth.

With that said, the altcoin’s price climbed to $0.0054 by the end of the year. That was more than twice the value it started the year with, despite falling in the first half.

The coin went from $0.0035 in February to $0.0026 in June. It pulled in a lot of weight in July, landing at $0.0054, and continued rising and falling until the year ended.

From historical records, the token’s highest value for 2020 was $0.005420, which came in July. Overall, DOGE ended the year on a high note, going into 2021 with a solid price.

2021

Bitcoin’s price may have halved in 2020, but the crypto market immediately regained momentum going into 2021. Dogecoin did not miss out, as it rose to an all-time high of $0.0779 as early as January.

Elon Musk played a crucial role in DOGE’s bull run when he started tweeting about the altcoin. The broader market began demanding it, hence increasing its value. That is a brief insight into the crypto market’s volatility and how a simple tweet from a prominent figure can turn the tides.

DOGE’s impressive start to the year did not last long, as its value gradually declined until May. In April, the altcoin sold for $0.437 before it climbed back to $0.737 in May.

Though the Dogecoin (DOGE) price prediction looked promising at that point, the token’s value plummeted. By July, it was trading at $0.26, a far cry from the $0.737 price.

DOGE attempted some comeback in the subsequent months but could not recover from the fall. It ultimately ended the year trading at $0.223.

The downward trend has continued into 2022, but the future looks promising for the altcoin. With Elon Musk maintaining support for it, there will likely be a comeback.

2022

Though the token began the year at $0.203, it currently goes for $0.06, which, by all means, represents a significant fall. February did not favour the coin as it dropped again to $0.171.

Despite Mark Cuban’s show of support for the altcoin, it struggled to make gains or maintain its value. Eventually, it gave up to the market dynamics and sold for $0.137 in May. A further decline saw it go below the $0.1 mark to trade at $0.0765 as of July.

Regardless of the downward trend, the Dogecoin (DOGE) price prediction from several experts points to an increase in the coming months. With Digital Coin forecasting the coin to end at $0.09 by December, we will see how it weathers the market volatility.

Best platforms for Dogecoin (DOGE)

After reviewing the Dogecoin (DOGE) price prediction, the next step is to purchase the coin. To give you a hassle-free trading process, here is our selection of the best platforms:

Bitbuy

Bitbuy provides an online crypto exchange service for Canadian citizens and residents. Its simple-to-use interface best suits beginners ready to purchase DOGE with the positive Dogecoin (DOGE) price prediction.

You can access the platform through the web or its mobile app. Either way, you will get premium service to make your trades hassle-free.

Though Bitbuy supports Canadian dollars only, you can make purchases through wire transfer, Interac e-transfer, or cryptocurrencies. The same goes for withdrawals, but with an added transaction fee.

Bitbuy Features

Bitbuy leads in innovative features, including:

  • Pro Trade: Professional traders do not have to follow the beginner’s route. With the Pro Trade feature, they can engage limit trading and over-the-counter services for large volumes and institutional trading.
  • Express Trade: Beginners can quickly use this feature to buy and sell cryptocurrencies instantly. It requires no learning curve, hence its suitability for new traders.
  • Bitbuy API: This feature automates high-frequency trading. It is suitable for professional traders and corporations who wish to add Bitcoin to their treasuries.
  • FINTRAC License: Bitbuy has a license from the Financial Transactions and Reports Analysis Center of Canada (FINTRAC) to operate as a Money Service Business (MSB).
  • Crypto Insurance: Bitbuy has a partnership with BitGo Trust Company to provide insurance to its users. As a result, the safety of your deposits or funds is always guaranteed.

Coinsmart

Coinsmart is a Toronto-based company that will grant you access to smooth crypto trading with the Canadian dollar. After reviewing the Dogecoin (DOGE) price prediction, you can effortlessly log in to make a sell or purchase.

Aside from catering to Canadian citizens, Coinsmart supports various fiat currencies, including USD and EUR. Also, you have the flexibility of using their web app or Android and iOS apps.

You can use its over-the-counter services if you want to invest heavily or have large trading volumes. The experience is just as smooth as on the mobile platforms. Now, let us look at some notable features of Coinsmart.

Coinsmart Features

Coinsmart’s features include:

  •  Multi-Crypto Support: You can trade over 16 cryptocurrencies on the platform, including DOGE, Shiba Inu, Ethereum, Litecoin, Avalanche, etc. With plans to add more, Coinsmart is the best place to go after reading our Dogecoin (DOGE) price prediction.
  • Beginner support: This platform provides a smooth experience for beginners. You can effortlessly get the lay of the transactions with the one-click trading feature. However, pro traders can use advanced charting for more extensive options.
  • Cold Storage and 2-factor Authentication: Coinsmart adds the cold storage layer of security to protect user funds from hackers. You can also secure your account by enabling 2-factor authentication.

Coinberry

Coinberry started as a Bitcoin ATM service but grew into a full-fledged crypto exchange. Though you cannot trade coins with other buyers, this platform allows purchases in fiat currency. With support for the local currency, you will have no trouble getting Dogecoin on the exchange.

Coinberry provides a robust platform for DOGE purchases. Let us look at some of the features that make it unique.

Coinberry Features

Coinberry’s robust platform stems from features, including:

  • Industry-Leading Security: Coinberry’s partnership with Gemini added extra security layers like 2-factor authentication and biometric login capabilities. Though you can disable the 2-factor authentication, it is a welcome feature for those who value security.

Beyond the authentication and biometric login capability is an extra layer—cold storage. With this addition, you can be sure of the security of your funds from hackers.

  • Licenses: This exchange is registered with the Ontario Securities Commission (OSC). Also, the platform operates under the Financial Transactions and Reports Analysis Center of Canada. The licenses show that the exchange is legal.
  • Coinberry Autopilot: If you are too busy to follow the price fluctuations, Coinberry has you covered. With the Autopilot feature, you can automatically buy DOGE or other coins. Also, it uses dollar-cost averaging, a time-tested purchasing strategy.
  • Coinberry Pay: This exclusive feature allows you to accept payments in crypto and convert them to CAD. It is a simple transaction process that will get your funds into your bank account without hassles. So, you can maintain your crypto transactions till you are ready to convert.
  • Help Center: This feature has an extensive FAQ section that answers most of the challenges you will likely face. The customer support team is readily available to sort you out if you require further attention.

Though Coinberry does not have a live chat feature, you can reach them through telephone, email, and ticket submission. A customer representative will attend to you and resolve your challenges in the shortest possible time.

Newton

With over 100,000 Canadian users, Newton offers the perfect platform to act on the Dogecoin (DOGE) price prediction. You can quickly purchase the token or sell other altcoins without trouble.

In February, the company raised $20 million at a valuation of $200 million. Such figures show a strong foundation for an exchange that started operations in 2019.

Despite its short years in business, Newton already supports over 70 cryptocurrencies. Trading on Newton puts you on one of the most extensive Canadian crypto exchanges.

Newton Features

Newton’s features include third-party custody, instant verification, and zero trading fees. Let us examine them in more detail.

  • Instant Account Verification: In an instant, Newton will verify your registration and get you started. This feature is helpful for those who want to invest in short-term price jumps. You can quickly get on board the exchange and place your trades.
  • Zero Transaction Fees: One of the main highlights of Newton Exchange is zero transaction fees. Transactions are free, whether you want to deposit, withdraw, or trade. Instead, Newton makes earnings through spreads, which it transparently displays on its website.
  • Mobile App: You can trade on the go with Newton’s Android and iOS applications. It contains the buy and sell features and even offers limit orders like on the desktop platform.
  • Third-party Custody: Newton partners with Fireblocks and Balance to keep users’ digital tokens in cold storage. Security is sure, thanks to the institutional-grade storage facilities safeguarding your assets. Newton plans to transition to Coinbase Custody for a higher level of protection.

While these platforms offer charts to inform your decision, they do not provide any Dogecoin (DOGE) price prediction.

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FAQs about our Dogecoin (DOGE) Price Prediction

Will Dogecoin hit $1 according to the Dogecoin (DOGE) price prediction?

Digital Coin and Price Prediction forecast the token to hit $2.4 by 2030. Though that is a long time from today, it shows growth in a positive direction.

Where can I buy DOGE?

You can get this altcoin on exchanges such as Bitbuy, Coinsmart, Coinberry, Newton, VirgoCX, Shakepay, and Netcoins. Although these platforms do not offer price predictions, you can use the charts to view recent developments in the price.

Should I invest in Dogecoin?

The Dogecoin (DOGE) price prediction points to a rising value in the coming months and years. Investing in the token is OK if you are in it for the long term. Short-term investments may not yield many profits.

Will DOGE crash?

A Dogecoin crash is unlikely to happen as recent forecasts show an upward trend. Also, the strong community support will keep it from spiralling downwards.

What will Dogecoin be worth in 2030?

Experts predict that the token will hit $2.42 by 2030 and maintain a steady increase.

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