Dogecoin has pumped by 65% over the past 24 hours. The meme coin has been one of the top gainers over the past 24 hours. DOGE’s gains came shortly after Elon Musk completed his purchase deal for Twitter.

The price of Dogecoin is still too low, and most people are now wondering if it will ever hit $1. To put things into perspective, let’s look at Dogecoin’s current price and the performance so far.

Dogecoin’s early 2021 surge has left many investors and enthusiasts wondering whether the rally to $1 this year is feasible. The meme-based asset achieved a new all-time high in the second week of May last year, of over $0.73 after recording a 95% over the following week, according to Forbes.

The bull run had taken Dogecoin’s market cap to over $80 billion, which makes it more valuable than big companies like Nintendo and Mitsubishi. Now, the altcoin is ranked the tenth most valuable cryptocurrency by market cap. This places it behind coins like Bitcoin, Ethereum, and Binance Coin in that order.

By the end of 2021, Dogecoin had risen 3200% from a humbling low of $0.005 on January 1, 2021.

Obviously, this growth has spurred hopes of the Dogecoin token rising to $1, probably by the end of 2023.

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Dogecoin Current Price

According to Coindesk, Dogecoin is currently trading at $0.1369 with an all-time high of $0.7376 and a $20.8B market capitalization.

At the current price, Dogecoin is short of about $0.8431 to reach $1.

Although Dogecoin took part in the early-2021 market-wide bull run, its price was still relatively low, and few people ever imagined it would reach as high as it is now. According to Coindesk, Dogecoin was traded at $0.004741 on 1st January, and most predictions back then revolved around the coin reaching $0.1 by the end of last year.

However, the last parabolic growth has proved that the coin could be belting down some major milestones this year.

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So, Will Dogecoin Reach $1

According to the current trend, it looks like the Dogecoin price will cross $1 before the end of 2023.

Dogecoin has proven to be popular among home traders as it continues to rack in community members. The coin is very popular among social media users, especially on Reddit.

This is despite the fact that Dogecoin has experienced greater levels of volatility compared to other mainstream cryptocurrencies. The volatility mostly stems from its online popularity and the frequent mentions from celebrities like Elon Musk.

To understand whether or not Dogecoin might reach $1 in 2023, we would usually have to look at several traditional factors that cut across the board when it comes to evaluating the strength of cryptocurrencies. These include the current price action, use case, blockchain protocols, development team, and the circulating supply.

All these factors apply to Dogecoin and can help us determine whether the coin’s price will keep rising this year. However, Dogecoin has other unique factors that have significantly helped in its growth.

These include the active online community and support from celebrities. If these two parties are consistent with their support for the rest of the year, Dogecoin might hit $1 sooner than we expect.

Additionally, there are several experts who have predicted the Dogecoin coin might go above $1 by the end of this year. For instance, Carol Alexander, a professor of finance at the University of Sussex, expects that Dogecoin will keep rising largely due to the active online community and support from public figures.

InvestorPlace also predicts that Dogecoin might not only reach but also stay at $1. According to the price analysis platform, the huge amount of Dogecoin in supply means more people are likely to invest and help drive its price up. The website also believes that the renewed interest in DOGE will help it reach $1 sooner.

On the other hand, there are also those who believe that Dogecoin will more likely fall than rise after the earlier surge. In an interview with CoinTelegraph, Kadan Stadelmann, a CTO at blockchain solutions provider, Komodo said that Dogecoin would unlikely reach $1 any time soon.

According to Stadelmann, the recent public support and adoption by celebrities like Mark Cuban and Elon Musk should have been able to shoot the price to above $1. Stadelmann believes that Dogecoin only feeds on its fame as a meme, and most people will not seriously consider it the future of money.

In the same vein, Joel Edgerton, who is a COO at cryptocurrency exchange company biFlyer, said that Dogecoin’s practicality as a money-making solution is foggy.

The Dogecoin price prediction in 2030 certainly looks promising as the crypto assets display fairly strong fundamentals for the future.

The positive Dogecoin price predictions for the next decade forecasts that DOGE price might reach the $4 mark.

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Will Dogecoin Eventually Reach $5?

If Dogecoin reaches $1 in 2023, the possibility of it going to $5 in the next two years is very real. According to bookmakers, Dogecoin has a 77% likelihood of reaching $5 in 2025.

With most of its energy coming from social media support and celebrity endorsements, Dogecoin will likely see a lot of volatility before finally going up to $5.

What Will Dogecoin Be Worth In 2025?

Predicting the price of Dogecoin by 2025 is a bit tricky given its high volatility. However, judging from its current momentum, it is obvious that Dogecoin will be much more valuable in 2025 than it is now.

Already, most price analysts have given their predictions for as far as 2025. For instance, Coinpedia predicts that Dogecoin will likely reach $5 in the next five years. According to the site, the coin might even go as far as $7, assuming that it does not encounter any resistance.

Coinpedia believes that the price of Dogecoin in 2025 will be much higher if it embraces more developments and gets more expert endorsements.

On the other hand, Long Forecast is a bit less bullish and predicts that Dogecoin might be slightly above $0.20 by 2025. This means that by the end of 2035, we could expect the altcoin to trade as high as $1.

Digital Coin Price does not provide much in terms of investor confidence. According to the site, the Dogecoin DOGE asset might be trading at around $0.34 by 2025. This is way lower than the majority of the sites which believe that Dogecoin will be at least $1 by 2025.

Wallet Investor is a bit more optimistic than Digital Coin Price. The site predicts that Dogecoin will be trading for as low as $0.68 by 2025. The coin has already surpassed this point and might be trading way above it by 2025.

Overall, according to predictions from most analysts, Dogecoin might go above $1 by 2025. However, given the high volatility, it is possible that the coin might be higher or lower than this level by 2025.

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Conclusion

Most price analysis experts believe that Dogecoin might soon reach $1. However, being a highly volatile asset, we can’t say for sure that it will touch $1 in 2023 or even early 2024.

Already Dogecoin has shown potential for quick growth, and if it doesn’t encounter any resistance along the way, the price will definitely be much higher by the end of the year. So, if you are looking to invest, you might want to buy now while the price is still low.

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New cryptocurrency Rocketize (JATO) delivers a fun and unique concept and may yet hold similar potential in the DeFi sector like established cryptocurrencies, Dogecoin (DOGE), and Algorand (ALGO).

Crypto buyers routinely contest the legitimacy of new DeFi protocols like Rocketize (JATO). They often discover these projects via Discord and Telegram and occasionally without whitepapers, making it challenging for new coins to succeed.

However, Rocketize (JATO) might be heading for what appears to be a smooth beginning in the cryptocurrency market, and like Dogecoin (DOGE) and Algorand (ALGO), can increase your DeFi yield potential.

Here’s why crypto buyers are keenly interested in these three cryptocurrencies.

Dogecoin, Dominating The Meme Coin Sector

Dogecoin (DOGE) is one of the few easily recognizable crypto tokens due to its enormous popularity in the cryptocurrency market.

Dogecoin (DOGE) may have started as a joke of the astronomic rise of the Bitcoin blockchain at the time, but it has now grown beyond its humble beginnings to become a significant digital asset.

The Dogecoin (DOGE) blockchain uses an upgraded Proof-of-Work (PoW) consensus mechanism, allowing quicker transaction confirmation times and lower network fees.

As a result, Dogecoin (DOGE) is frequently used as a payment method in micropayment situations like fundraising and tipping for digital products and services.

Additionally, Dogecoin (DOGE) may be mined alongside other cryptocurrencies using less expensive processors, increasing its accessibility to a wider market.

All these features ensure that Dogecoin (DOGE) is the only meme coin in the list of the top ten largest cryptocurrencies by market cap, sitting 10th with an enormous market cap of $10.3 billion at the time of writing.

According to crypto experts, Dogecoin (DOGE) will continue to dominate the meme market when the cryptocurrency market recovers from the recent 2022 crypto collapse.

Algorand — Delivering Scalable DeFi Functionalities

Algorand (ALGO) is among the most recent names to enter the cryptocurrency market within the last three (3) years. This blockchain is built to support several transactions at once.

Like conventional payment systems such as Visa, Mastercard, or Swift, Algorand (ALGO) can handle thousands of transactions simultaneously.

However, Algorand’s capabilities go beyond just handling multiple transactions. It can also host blockchains and other projects. Its features resemble those of the Ethereum blockchain in many ways.

Algorand (ALGO) ranks among the 30 largest cryptocurrencies by market cap, with a market valuation of $2.3 billion at the time of writing.

Rocketize Revolutionizing the Meme Coin Market

Rocketize (JATO) is a new meme coin with the potential to offer DeFi use cases on a massive scale.

Rocketize (JATO), unlike most other meme cryptocurrencies, has a deflationary burn mechanism whereby a fraction of the total token supply is permanently destroyed by sending it to an inaccessible wallet. By doing this, the Rocketize (JATO) token is set up to appreciate as more Rocketize (JATO) Tokens are mined.

Furthermore, Rocketize (JATO) is home to community members who want to join in managing the platform’s metaverse and custom decentralized exchange (DEX).

Rocketize (JATO) token holders will have governance privileges on major consensus decisions influencing the ecosystem’s upgrades and authority.

Currently, the Rocketize (JATO) token is available via pre-sale, with a 7% bonus on all successful purchases in its ongoing pre-sale second stage. An additional 60% registration bonus is awarded to purchases completed within 30 minutes of registration.

Also, buyers are entitled to 70% and 90% bonuses on their second and third purchases.

Final Thoughts

Following the popularity and success of Dogecoin (DOGE) and Shiba Inu (SHIB), the meme cryptocurrency niche has witnessed a significant increase in value and users (SHIB). The new cryptocurrency, Rocketize (JATO), aims to build on that legacy to deliver greater financial prospects to the cryptocurrency market.

With its DeFi functionality, Rocketize (JATO) has the potential to become the next big cryptocurrency soon.

So why not take advantage of the Rocketize (JATO) token pre-sale and join a potentially remarkable cryptocurrency to earn huge investment returns?

Presale: https://rocketize.io/buy

Website: http://rocketize.io

Telegram: https://t.me/RocketizeTokenOfficial

Elon Musk is never far from the news. Billionaire, inventor, influencer, and investor – Elon’s extreme wealth, unique personality and keen eye for business make him a controversial figure.

As well as being a highly successful conventional businessman, Musk has made many moves in the world of cryptocurrency. His support of Dogecoin (DOGE) is long established, and he has given many quotes, interviews, and opinions on the state of the crypto market, the viability of certain coins, and his thoughts about the blockchain technologies that enable cryptocurrencies.

His recent domination of headlines is due to his acquisition of social media giant Twitter – a platform with an estimated 206M daily users worldwide. While this move came as a shock to many onlookers, there might be something more to it than straightforward business sense.

In this article, we’ll focus on three meme currencies that could be affected by Elon Musk’s purchase of Twitter, and his coming dominance over the online discourse of crypto.

Read on to find out how this development could affect Dogecoin (DOGE), Dogelon Mars (ELON), and Big Eyes Coin (BIG).

Dogecoin: Elon’s Prodigal Son

Dogecoin (DOGE) launched in December 2013, bringing with it the concept of ‘Meme Coins.’ These tokens focused on levity, friendliness, and accessibility. This set them in stark contrast to previous cryptocurrencies, which were straight-laced and impenetrable.

Improbably based on the ‘Shibe’ internet meme, it was a surprise that this coin caught the attention of Elon Musk, who was already extremely wealthy and influential at the time. Since shortly after the token’s launch, Elon has been a vocal supporter of Dogecoin (DOGE), taking to Twitter to voice his liking for and support of the project. Rumours circulated that Musk was somehow connected to the development of the platform, but these have never been substantiated.

Musk did however offer funding to the Dogecoin (DOGE) development team in 2019, but they refused direct funding. They did accept his business advice and continued to consult with him regarding the direction of the coin.

There’s an established business synergy between Elon Musk and Dogecoin (DOGE). Given that Musk has used Twitter in the past to lend credence to this meme coin, his acquisition of Twitter has obvious implications for Dogecoin (DOGE).

If Elon’s platform grows even wider, and his command of online discourse becomes even more dominant than it already is, it’s no exaggeration to say that Dogecoin (DOGE) and all the meme tokens chasing its glory could explode in value and bring profit levels never seen before to investors.

Dogelon Mars: The Holy Spirit of Memes

Dogelon Mars (ELON) is a meme token that spawned in 2021, born from the extreme profit and success that Dogecoin (DOGE) was experiencing at the time. While the platform focuses on its NFT comic series, following the adventures of the Shiba Inu character Dogelon Mars, there are many clear links to Musk and his various passions.

The native token of Dogelion Mars, ELON, is a clear reference to Musk’s first name. Elon Musk is also a chief sponsor of experimental rocketry and is the founder of SpaceX, a corporation dedicated to advancing rocket technology and spacecraft, with the eventual goal of allowing humans to settle on and colonise Mars.

It is no coincidence that the journeys of the Dogelon Mars character see him travel to the planet mars in a spacecraft.

Just like Dogecoin (DOGE), the fates of Dogelon Mars are intertwined with those of Elon Musk. If Musk’s acquisition of Twitter proves a success, Dogelon Mars (ELON) is likely to surge in value.

Big Eyes Coin: The Heir Apparent

Entering into the meme coin economy with a bang is Big Eyes Coin (BIG), a new token in its presale phase of development.

It’s early days yet, but signs are very good for this token. Its presale is performing far above expectations, raising over $9M to date and still going strong.

With adorable furry mascots, easy access for veterans and rookie investors alike, and a welcoming, fun-loving approach to decentralised finance, Big Eyes Coin (BIG) seems poised to take the leap that would take its token into the mainstream of Meme Coins.

With all these hallmarks of coins that have attracted the interest of Elon in the past, the question remains: could Big Eyes Coin (BIG) be the next Dogecoin (DOGE)?

In the Elon Era, anything is possible with the power of memes. If Big Eyes can distinguish itself enough to receive a shoutout from the future Emperor of Twitter, it will be hard to stop.

If you want to check out Big Eyes Coin’s (BIG) presale or find out more about the platform’s goals, click the following links to view the project’s homepage and social media handles:

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL
Twitter: https://twitter.com/BigEyesCoin

It’s an unlikely marriage: animal welfare and decentralised finance are not two phrases you expect to hear in the same breath.

Surprisingly, multiple cryptocurrency projects are using their platforms and the profits they generate to protect animal life. Whether it’s sponsoring sanctuaries, providing shelter and relief for abandoned pets, or funding wildlife preservation charities, these crypto projects are making a wide variety of charitable efforts in support of the world’s fauna.

The three cryptocurrencies we’ll analyse are Big Eyes Coin (BIG), Shiba Inu (SHIB), and ApeCoin (APE).

Read further to find out more about these conservation measures and the tokens they spring from.

Shiba Inu: Down with the Dogs

Shiba Inu (SHIB) is a meme token that follows in the footsteps of its predecessor, Dogecoin (DOGE), also imitating its mascot, the Shiba Inu dog. However, this choice of symbol isn’t just for marketing purposes. Through Amazon Smile, Shiba Inu (SHIB) is saving real Shiba Inu dogs.

Shiba Inus are a unique and distinctive breed. Hailing from Japan, these dogs can be fierce, plucky, stubborn, and very energetic. In the hands of a capable owner, these are all positive traits, but for people who purchased a Shiba Inu on a whim, these dogs can be troublesome or even dangerous to keep as pets.

That’s where Shiba Inu’s partnership with Amazon Smile comes in. When you purchase through Amazon Smile, a percentage of your payment is donated to a charity of your choice. The team behind Shiba Inu (SHIB) token set up the Shiba Inu Rescue Association as a charity on the system.

In this way, this popular meme coin is using its platform and popularity to fund shelters for Shiba Inus who otherwise would have been abandoned. It’s inspiring that these developers are doing all they can for the breed that lent its name to their project.

ApeCoin: Protecting Primates

ApeCoin (APE) was heavily inspired by the now-infamous Bored Ape Yacht Club series of NFTs. The subjects of these artworks are apes, often dressed in garish or colourful costumes.

While there’s little resemblance between these bored apes and real wild primates, the team behind ApeCoin (APE) have shown remarkable respect for higher primates by dedicating a portion of their tokens’ total supply for donation to the Jane Goodall Legacy Foundation.

English primatologist, explorer, and philanthropist Jane Goodall completed a long and storied career working with chimpanzees, gorillas, and other great apes. Currently, she dedicates massive amounts of time and energy to the creation of sanctuaries and reservations for primates, so they can continue to live and procreate as they deserve.

Many primates are endangered or at critical threat of extinction, primarily due to the ravages of the international logging trade. Donations to organisations such as the Jane Goodall Legacy Foundation help to stop further damage to the habitats of primates, as well as rescue these rare and intelligent creatures directly.

Fitting, then, that ApeCoin (APE) is doing what it can to save the apes.

Big Eyes Coin: Sheltering Sealife

Last but not least, we come to the promising meme coin project, Big Eyes Coin (BIG). The mission of this project is to break into the meme coin economy with the power of cuteness. The project’s unique selling points are its lightweight and fast transaction process, its zero-tax purchases, and the super-cuddly Big Eyes, its feline mascot.

While Big Eyes Coin (BIG) speaks for itself as a meme coin with potential, the team has also committed 5% of the token’s total supply to a wallet dedicated specifically to charitable giving.

These tokens will be given to charities that protect and conserve the world’s oceans and set up sanctuaries for marine wildlife.

With overfishing, sea pollution, and hazardous dumping rife thanks to the ever-expanding global economy, organisations that preserve the seas and the life within them have never been more crucial, nor in more need of support.

Big Eyes Coin’s (BIG) website refers to this with humour: ‘Healthy oceans provide delicious cat food.’ However, their philanthropic commitment is serious, and the more successful this meme coin becomes, the more money will make its way into the hands of charities saving our oceans.

Final Thoughts:

It’s always heartening to hear stories of humans using their time and resources to help animals. Many of the threats and challenges facing wildlife today are due to the interference of humans, and so it’s high time we made amends by fixing the issues we’ve caused, wherever possible.

These three cryptocurrency projects have taken that burden on their shoulders, and nobly done what they can to help our fellow living beings.

If you’d like to support the conservation of sea life, it’s a good time to get involved with the Big Eyes Coin (BIG) presale. Check out Big Eyes Coin (BIG)’s website and social media channels by following these links:

Big Eyes Coin (BIG)

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

Twitter: https://twitter.com/BigEyesCoin