The crypto market sentiment is bullish right now, and the LEASH token has taken full advantage of it by more than doubling its price from Oct. 4, which was trending around $850. This article is not intended as, and shall not be construed as, financial advice. In a Yahoo! Dogecoin Market Cap Today's Change (-0.00%) -$0.00 Current Price $0.08 Price as of April 26, 2023, 6:41 a.m. Copyright 2023 iTech Post All Rights Reserved. | by randerson112358 | DataDrivenInvestor Write Sign up 500 Apologies, but something went wrong on our end. Celebrity endorsements have had an incredible impact on the cryptos price. Because of its nature, Dogecoin has defied logic, spiking at insane profits and dropping without market warning. Towards the end of the year, beginning of next year, we'll have about a million worth of ethereum coming out of supply. The most amazing place on reddit! Dogecoin started as a joke online, and shot up over 11,000% in value in the past 12-months. A market cap of $180 billion is not impossible. Can Dogecoin reach $10,000? If we sum up all the countries GDP, the total GDP would be $87 trillion., Source: https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Cookie Notice Privacy Policy. Similar to Dogecoin, Ethereum also doesnt have a coin cap., Over the years, Bitcoin and Ethereum have shown its strength and weaknesses., Nowadays, Bitcoin is considered as an asset, an investment vehicle to grow money. $10 per Dogecoin is also likely within this decade. At the time of writing,ETH is valued at $3,254.32, with a 5.4 percent upward trend in the last 24 hours. WebIf Dogecoin reaches a price of $1000, the exact price of all the Dogecoin in circulation will be 129,637,821,960,000. WebTimes the amount of Dogecoin times 10,000. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Moreover, as there are 5 billion coins per year for miners, the Dogecoin transfer fee will remain low. Elon Musk is the founder of X.com, which later became PayPal. Lets explain., Unlike other cryptocurrencies, Dogecoin doesnt have a cap. Do this now. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. Dogecoin has been dubbed the peoples currency thanks to its popularity among retail traders, celebrities and influencers. Now, she is forecasting that the market cap could hit $8,000 to $10,000 sometime in 2021. Dogecoins enthusiasts believe that it provides real value to its users, particularly in lower transaction fees. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. There are For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. WebCan Dogecoin cryptocurrency hit $10? EtherRock 38 purchased for 555 Ether($1,730,961.75)21 mins ago (Aug-26-2021 08:14:19 PM +UTC)Txn: https://t.co/f89o4Rz3k7#EtherRock #EtherRocks pic.twitter.com/1xa8qwXLTg. Speculative investing by institutions could drive us to 3-4K. Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. 2023 iTech Post All rights reserved. Never going to happen. Please click here to learn how. WebSo in other words to put it simply for DOGE to reach $10k is roughly equivalent to BTC reaching 70 million dollars. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Earlier reportshighlighted Dogecoin as a crypto dependent on market trends and internet sentiment. In order to keep the network secure and operational, theres always an incentive of 5 billion coins per year for miners. Both Shiba Inu (SHIB) and Bone ShibaSwap (BONE) tokens act as a supporting pillar to LEASH, as the huge following of both these tokens especially SHIB helps in stabilizing and often increasing the price of the LEASH token. The much wow innovative crypto-currency. Reproduction in whole or in part without permission is prohibited. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. Analysts say that the ETH market has a huge potential for growth in the coming months, so cryptocurrency holders should reconsider their long-term investments. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Given the market cap requirements for a price of $10000 reaches thousands of trillions, it is quite impossible for Dogecoin to reach $10000 Note: Crowdwisdom360 banking executives forecast a "seismic" shift, Elon Musk Twitter Mockery: SpaceX CEO Punches Back at Jeff Bezos Amid Lawsuits, Monsta Infinite Earning Potential: Roadmap, $MONI Token Worth, Gameplay and MORE, Microsoft to Remove Teams from Office Bundle Due to Antitrust Issue, Yelp Will Now Use Video Reviews and AI in the App's Search Feature. Earlier we concluded that it will be nearly impossible for Ripple to reach a value of $1,000 per coin in the near future. For more information, please see our Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University. This article is intended to be used and must be used for informational purposes only. Can Dogecoin Reach $1, $5, or $10 ? Magnetic Managing Director Megan Kaspar shared the sentiment in her prediction with Ethereum, as reported byYahoo! However, there is one problem a sufficient amount of money should be put into Dogecoin to get the meme coin to the $10 level. LEASH might not be as popular as Shiba Inu or Dogecoin but it still leads the dog pack with the highest price among dog-meme tokens! She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. On the other hand, investors need to be careful with the a Doge since it might drop to $0.22. The Ethereum 2.0 upgrade is going to make things more scalable for every crypto project currently hosted on the ETH platform. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. However, not many currencies share the madpower of the. Scan this QR code to download the app now. However, be warned that its trade value could be priced between $0.22 to $0.64 anytime this week. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Social Media Craze of the Shiba Ecosystem, From a narrow-angle, the LEASH token may seem like any other project, as it fell from its. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. Therefore, $1 per Dogecoin is not a pipe dream. Every coin has pros and cons. In five to 10 years' time, cryptocurrencies might even replace traditional fiat currencies. : dogecoin. A $1,000 dogecoin purchase on Jan. 1, 2021 at a price of less than a cent per coin would be worth $121,052 at Wednesdays high of 69 cents, a gain of more and our Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (thats right, millions love us!) This launch, if wildly successful, could boost the price of tokens present on the Shibaswap platform. By the end of 2030, there will be 180 billion Dogecoin in circulation. With such a killer name and objective, the LEASH token is on a relentless mission of killing Dogecoin with the help of its ever-growing LEASH community. As treasury printing money, the government adding debt recklessly, and inflation soaring, many are dissatisfied. Not only that, the much-anticipated upgrade will also lower gas fees, improve transaction speeds, resolve environmental concerns, and increase the overall value of the Ethereum blockchain. When the ETH 2.0 upgrade happens, it will attract a lot of crypto projects and users, which will increase the worth of the Ethereum blockchain along with the crypto projects already hosted on the platform. So, for $1000 per Dogecoin, the total market cap of Doge would be more than $180 trillion, two times that of the worlds economy. The Shiboshi NFT characters will also be featured in the upcoming Shiboshi Game, where players can use their NFTs for strategic gameplay. The views and opinions expressed in this article are the authors [companys] own and do not necessarily reflect those of CoinMarketCap. Woah, thats Finance. Any transfer over $10,000 will have to be reported to the IRS. The Shiba Inu ecosystem consists of three major tokens SHIB, LEASH and BONE. Although Dogecoins returns have been staggering, the reality is that they have been driven by hype and misinformation. There is nothing to say that DOGE will not break the $10,000 barrier one day, but you should exercise extreme caution. The market size was valued at $68.9 billion in 2022 and is projected to reach $264.08 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 17.6% Analysts fromYahoo! On the contrary, cryptocurrency is still in its infancy. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum ETH/USD at $10,000 or Dogecoin DOGE/USD at $0.50? Here are the full results from this weeks survey: Ethereum will reach $10,000 first: 41.3% Cardano will reach $5 first: 23.7% Dogecoin will reach $1 first: 35.2%. Dogecoin is lower by 2.06% at $0.068 Monday. His tweets introduced the cryptocurrency to millions of his followers and created a market frenzy. Muslim Farooque is a keen investor and an optimist at heart. However, its impossible that Dogecoin will ever get to $1000 per coin. Ethereum remains the dominant platform for blockchain applications, but the technology is rather new. If Dogecoin reaches $1 valuation per token, the total market cap of Doge would be $180 billion. The social media craze for LEASH is no less and its huge increase in price is solid proof of the influence social platforms can bring in the Doge Killers price. Finance report Kaspar said, "Investors are still using crypto as a favorite tool to hedge against inflation. Theres a high probability that Dogecoin will reach $1 per coin. They want a financial system that is independent of any government control. As more dApps are developed on Ethereum, more users will be drawn to the network. It is possible. If Dogecoin is very unlikely to reach 1000, then $10,000 is a pipe dream. Its current market cap (at $.21 a coin) is $28 billion. Heres the basic math (and remember market cap = total number of coins * price per coin). From what Ive seen, this seems completely impossible due to many reasons but Id like to hear some other peoples opinions. The much wow innovative crypto-currency. Many people dont trust the US government. Any transfer over $10,000 will have to be reported to the IRS. To emphasize, Dogecoin recovered from its dangerous trading levels, saving investors from losing their money. To reach $1000, TRON would need to amass a $100 Trillion market capitalization. However, Dogecoin will never reach $1000 per coin. Cryptocurrency is also highly volatile., Nevertheless, Bitcoin, Ethereum, and other cryptocurrencies have shown great potential. To enjoy our website, you'll need to enable JavaScript in your web browser. The Shiba ecosystem operates on the Ethereum blockchain, which means that the upcoming ETH 2.0 upgrade can have a massive impact on the price of every token, including LEASH. Additionally, Dogecoins listing on various cryptocurrency exchanges will further impact its price in the short term. However, in the long term, cryptocurrencies such as Dogecoin need to offer real value to their owners if it wishes to sustain its bull run. I'm a technical author and blockchain enthusiast who has been in love with crypto since 2020. Cookie Notice Earlier this year, in February, Raoul Pal, a former Goldman Sachs GS executive, said that Ethereum ETH/USD could reach $10,000 by 2024. Stock Prodigy Who Found NIO at $2 Says Buy THIS Now. JohnniePeters 2 yr. ago Still don't get that MicroStrategy and Grayscale are asleep on QNT. Shiba Inu has a total supply of 1,000,000,000,000,000, which is one of the main reasons why the dog-meme token will take a significant time to reach its long-term target of $1. Many crypto analysts believe that the LEASH token has a high potential of price appreciation in the near future. Let me write that in words: 129.64 trillion dollars. Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion, the Treasury said. , If you have any additional questions, you can always contact our support via email, xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , Domain "xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh" is not parked, , . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 100 yes . Shiba Inu has a total supply of 1,000,000,000,000,000, which is one of the main reasons why the dog-meme token will The good news for LEASH holders is that the ShibaSwap platform is soon going to launch Shiboshi NFTs a collection of 10,000 lovable creatures. The race is on for it to eclipse the $1 mark, and though its plausible, its clear that the crypto will falter in the long run. Do you feel the rage in the eyes of this (imaginary) rabid dog character? Notably, Ethereum also expanded its network to non-fungible tokens (NFT) trading. Just a $10,000 investment in the struggling movie theater chain would be worth $129,765 now. Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. $10 per Dogecoin is also likely within this decade. Though its fees are lower than industry giants like Bitcoin (CCC:BTC-USD) and Ethereum (CCC:ETH-USD), it is priced significantly higher than many altcoins. Webknow here: Dogecoin Price Prediction Now looking at next milestone that probably $10, $100, $1000, in which $10 quite possible in next 5 to 10 year, but $100 USD and $1000 is More countries are also likely to follow suit in developing their own set of regulations. The most amazing place on reddit! Every $1 that the Dogecoin price were So that will initiate it becoming a deflationary asset.". ETH continues to process a high volume of transactions, it remains the leader in the dApp and decentralized finance (DeFi) space and seems poised to improve its scalability. Wider acceptance, faster and easier transfer are a few of them. Yes, Dogecoin can reach 10 dollars, at least in theory. The meme crypto is higher by 7.05% over the past week. For more information, please see our From our experience with Bitcoin and Ethereum, we expect that Dogecoin will reach $1 because it has far more potential than Bitcoin. Canadas Yellow Pages Confirms Data Leak Caused by Black Basta, The Perfect Wallets For Hanging Out With Your Friends, Apples Refurbished 2023 MacBooks May Soon Be Available on Its Online Store, Brave Removes Microsoft From Web Browser, Search Engine, ChatGPT Now Available in Italy Again After Temporary Ban. Binance Launches The Sandbox NFT Staking Program. r/dogecoin Can this actually reach $10? This surprised me: yes. Thats why over the years, Bitcoin and other cryptocurrencies became popular., Still, the regular currency has superior use cases and functionality than cryptocurrency. Its more than the whole crypto market. To reach the cheery $100 price, the network would need to attract investments worth at least $10 Trillion which is more than 5X the entire crypto industry market capitalization today. The price of Ripple is estimated to reach around $1 to $2 dollars max by the end of 2022. On the other hand, investors need to be careful with the a Doge sinceit might drop to $0.22. Do Not Sell My Personal Data/Privacy Policy. It has quite evidently lost its thunder, and though it could possibly reach the $1 mark, its not crypto that you can invest in for the long term. Top Stock Picker Reveals His Next Potential 500% Winner. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. Our whole economy revolves around traditional money. More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. WebRight now we are early, because price action is being driven by retail investors who like the charts and fundamentals. The post Dogecoin May Hit $1, But Its Not a Good Play In the Long Term appeared first on InvestorPlace. I just say YES. Doge coin will definitely hit $1 someday, and once it hit that it would hit $5 very quickly since cryptocurrency is so volatile. Obviously it would not just go up and up only, it will also show small small crashes while growing to the moon. Follow this article for Dogecoin Live Updates. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. Ethereum is otherwise higherby 10.64% over the past week, Ethereum would need to rise some 510% from current levels to reach $10,000, Dogecoin is lower by 2.06% at $0.068 Monday, The meme crypto is higher by 7.05% over the past week, Dogecoin would need to rise 635% from current levels to reach $0.50. Until Oct. 4, 2021, the LEASH token was priced around $850, however, from that point on its price touched a high of $2,535, a level which was last seen in July 2021. It doesnt matter if you have $500 in savings or $5 million. Dogecoin significantly dropped from its $0.35 trading value in the last couple of months, resulting in bearish sentiment. Several investors are carefully observing market trends for the next big surge where they could grab quick profits. Lightning Labs Releases LiT-D: A Unified Platform for Simplified Lightning Network Node Management. Dogecoin reaching $1 is a distinct possibility. This would be less than 50% higher than the all-time high of about $0.70 per DOGE. The question can Dogecoin reach $100, or $1, or any price for that matter, has to do with two things: DOGEs market cap and its mining dynamics. This week alone, a cartoon image ofa rock sold for 555 ETH, more than $1.7 million equivalent. The LEASH token rides the social influence of the Shiba Inu token and also its own popularity, and according to crypto analysts, this is the biggest factor behind the success of the Doge Killer and the Shiba Ecosystem on every social media platform. Binance NFT Marketplace has announced the launch of The Sandbox NFT Staking Program, allowing users to stake their $SAND tokens and earn exclusive NFT rewards. The system forecasts a +21% move from $1,429.25 to $1,731.51 over the next month, Leash has a price prediction of $2,466.30 in over a years time.. However, $1000 per Dogecoin is unachievable. This survey was conducted by Benzinga in July2022 and included the responses of a diverse population of adults 18 or older. Six hours before this article, Dogecoin dropped to $0.26 but immediately recovered afterward. Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion, Dogecoin May Hit $1, But Its Not a Good Play In the Long Term, UPDATE 1-Florida board to countersue Disney, Stocks mixed as JPMorgan Chase takes over First Republic: Stock market news today, UPDATE 1-GM cuts several hundred full-time contract workers, NIO reports EV deliveries jump more than 30% in April. How Has Fiber Technology Contributed To Sustainable Development? Bitcoin has seen a solid price gain and currently trending in excess of $50,000, an appreciation that was last seen back in July. From what Ive seen, this seems completely impossible due to many reasons but Id like In the long run, Hayes expects gold to reach $10,000 on the spot, which, he thinks, would make hard money assets, including digital ones, more valuable. It would be nearly impossible for Dogecoin to reach $100, because there isnt quite enough money in the whole world. Reply . Dogecoin offers virtually no utility to its owners in comparison to other cryptocurrencies. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Ethereum remains the dominant platform for blockchain applications. Therefore, to achieve $10,000 is even more unlikely. As it stands, all the countries GDP combined is not enough for Doge coins to even reach According to the official announcement, this project is ready to giveaway $10,000 for votes in the first-ever Love Hate Inu poll by simply submitting your email address. However, its impossible that Dogecoin will ever get to The Shibu Inu coin (SHIB) is the second largest meme coin and probably as useless as a crypto investment as the mother of all meme coins Doge. Still, laugh all you like. Doge is worth $17.9 billion and trades over $341 million a day. Shiba is worth around $14 billion and has a daily trading volume of $324 million. Do not reproduce without permission. #Uptober is in full trend and the Bull Gods are shining down on the crypto world. Yes, Dogecoin can reach $10. Related Article: Monsta Infinite Earning Potential: Roadmap, $MONI Token Worth, Gameplay and MORE. As more and more developers learn to use the Ethereum network over the coming years, more dApps will exist on Ethereum, and more users will be drawn to the network Read More. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. Join the thousands already learning crypto! what are you waiting for? Financewarned dangerous trading levels if the coin dropped below the $0.27 trade marker, where the coin could dip at the $0.22 price levels. However, you might continue to see spikes in its price in the short term after a tweet from Elon Musk or a viral TikTok video. Only a few people know about it, and it isnt widely accepted. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. The Dogecoin trade was a dream for early adopters as it witnessed meteoric growth in the past year. The unique aspect of LEASH is its tokenomics, as it, Twitter is the battleground for all cryptocurrencies its how they thrive in the digital world. What Happened: This article contains links to third-party websites or other content for information purposes only (Third-Party Sites). Yuga Labs Hires Former Epic Games CTO Mike Seavers. The second-largest crypto Ethereum has a market cap of $200 billion. and our Ethereums transaction fees are also high. Each token has its unique aspect and uses in the Shiba environment. Its not that crazy high., There are currently around 18 million Bitcoins in circulation, and it has a market cap of about $900 billion.
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