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Dogecoin Price Prediction for 2025 and 2030

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Dogecoin has to be one of cryptocurrency’s most unlikely success stories. Having started out as essentially a parody of Bitcoin, the meme altcoin has established such a strong following that it is now one of the most talked-about tokens on the market.

In fact, DOGE is in the running to become the first cryptocurrency in space, literally, as Elon Musk’s SpaceX firm has announced that it will launch “DOGE-1 Mission to the Moon”. This is some accolade for a token that started life as a joke.

Some would point out the irony that a token set up to satirize the wild price speculation surrounding early cryptocurrencies like Bitcoin and Litecoin has itself gone on to become the twelfth biggest cryptocurrency in the world, with a total market cap in excess of $20.8 billion at the time of writing. But if anyone is laughing now, it’s the investors who saw DOGE’s potential early on.

Of course, anyone familiar with the cryptocurrency market will know that Dogecoin has experienced something that’s become known as the Gamestop phenomenon. Put simply this is a kind of group dynamic where an online community effectively conspires to drive the price of an asset astronomically high.

But is Dogecoin all hype, or does it have the credentials to compete with the biggest players on the crypto scene? In the following Dogecoin price prediction, we’ll take a look at what the Shiba Inu-fronted token can offer investors in the long term, including a look at its technical particulars and possible reasons for its uber-loyal fanbase.

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Dogecoin – A Technical Recap

Dogecoin might have started as a joke, but its blockchain certainly isn’t without merit. The original blueprint was based upon that of Litecoin, which itself was a refined version of the Bitcoin model.

Like most early cryptocurrencies, Dogecoin is an open-source peer-to-peer payment system that was born in 2013 when Australian Adobe employee Jackson Palmer and IBM developer Billy Markus got together to create a “fun” alternative to Bitcoin as a way of satirizing the nascent crypto hype. Doge famously has a Shibu Inu (Japanese dog) as its logo, an homage to a famous meme, says a lot about the lightheartedness of the project.

Dogecoin bears many similarities with both Litecoin and Bitcoin – it is a decentralized network of computers that process transactions via blockchain technology. The network is powered by its native cryptocurrency, DOGE.

Whereas Bitcoin uses the cumbersome SHA-256 algorithm, Dogecoin followed Litecoin’s example by using the Scrypt algorithm, which allows for a much faster block creation time: 2-3 minutes, compared to Bitcoin’s 10-plus minutes.

Today, Dogecoin’s underlying technology can hardly be considered revolutionary, but to be fair, neither can Bitcoin – and BTC still holds the number one spot with regards to its token value. However, DOGE’s strength lies in the cult-like following it has built since 2013.

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Dogecoin – The Philanthropist’s Cryptocurrency?

Dogecoin’s community has become the stuff of legend in the cryptocurrency world. In fact, it wouldn’t be an exaggeration to say that DOGE’s recent fortunes have been entirely driven by its army of zealous supporters.

In fact, according to a Galaxy Digital Research report, whilst Dogecoin does have “remarkably strong” fundamentals, it is the ever-growing community that is “determined to meme a Shiba Inu-themed global currency into existence.” This is no joke either, as long as Dogecoin remains fashionable, its follower community is enough to stabilize the altcoin within the market.

But whilst many have dismissed it as the “millennials’ cryptocurrency”, the Dogecoin community has actually proved itself as a force for good on several occasions, with the currency being used extensively for philanthropic purposes.

For example, the Dogecoin community famously raised around $30,000 to help the Jamaican bobsled team go to the Sochi Winter Olympics in 2014. This gained a great deal of media exposure and DOGE actually overtook Bitcoin in transaction volumes by mid-January.

Then in February that same year, “Doge4Kids” started – a community-led initiative that raised $30,000 for the 4 Paws For Ability charity which provides service dogs to young people with special needs. The Dogecoin community also raised $50,000 to support a charity that builds clean water facilities in Kenya.

These projects might not have driven Dogecoin’s price to massive highs, but they established DOGE as very much a community-driven coin. As we shall see, this would indeed prove to have a significant impact on the price of DOGE. 

Looking at Dogecoin’s Recent Price Performance

Looking back at Dogecoin’s historical price reveals a pretty flat line – especially when compared to other cryptocurrencies that have been around for as long as DOGE has. Whilst it did benefit from the famous crypto cryptocurrency bubble of 2017/2018, when the price of DOGE reached $0.017, things soon went south when the bubble burst, prompting many to speculate that this dog had had its day.

Between 2018 and 2020, Dogecoin was seen as nothing more than a fashionable coin, lauded by a few hardcore fans but with very little real-world application. However, fast forward to 2021 and DOGE’s fortunes changed – significantly.

In January 2021, following a tweet from Tesla CEO Elon Musk touting DOGE as ‘the people’s crypto’, prices suddenly surged – at one point growing by over 800% in 24 hours and eventually settling at around $0.079 that month. This generated a fair bit of potential for DOGE, but it turned out that this was just the start.

In April, DOGE skyrocketed again to $0.40 – an increase of over 700% in a matter of days. Naturally, this generated a huge amount of interest and it wasn’t long before DOGE was on the move again, this time reaching its all-time high of $0.73 on 8 May 2021.

So what has made Dogecoin such a hot commodity all of a sudden? Well, as we’ve already touched upon, the answer lies largely with the Dogecoin community as well as continued interest from Elon Musk.

The Power of Reddit

At this stage of 2022, any investor who is not aware of the substantial influence that Reddit can exert over the price of an asset is well behind the curve.

The GameStop phenomenon was some of the biggest news in finance for the first few weeks of the year. The beleaguered retailer’s stock price surged from $40 to over $400 in a matter of days, thanks to a group of rebel investors that gathered in the r/WallStreetBets subreddit and decided to play institutional investors and hedge funds at their own game.

Whereas the big investment firms had started short-selling on Gamestop, the Reddit community started buying up the remaining stock en masse, which pushed up prices and left the big fishes unable to close out their positions before they lost millions.

The effect campaign ultimately went viral and it wasn’t long before the crypto world had its own price frenzy – with Dogecoin being the asset of choice. After Elon Musk apparently expressed his support for the altcoin, Reddit lit up with users discussing the potential for ‘the next Gamestop’ which eventually led to Dogecoin’s price going stratospheric.

In April 2021, the r/dogecoin community swelled by 152,928 subscribers in a single week, and at the time of writing the subreddit has over 2.2 million ‘subshibers’ – making it one of the most prominent crypto subreddits there is.

Given the potential of Reddit to drive price growth, this could well continue to be an important factor in DOGE’s future potential as an investment asset.

The Musk Effect

Despite his main business interests lying outside the realm of cryptocurrency and blockchain technology, Tesla and SpaceX CEO Elon Musk was also voted CEO of Dogecoin in 2019 and has since wielded considerable influence over the cryptocurrency market – especially in recent months.

And where Elon treads, it seems that price surges are sure to follow. We only need to look at how his support of Bitcoin sent prices of BTC surging earlier in 2021, when Tesla acquired a significant holding of the original cryptocurrency.

We’ve already discussed Elon’s tweet in January, which prompted a Reddit-fuelled price frenzy. Then there’s his pledge to “put a literal Dogecoin on the literal moon”, sending the price of Dogecoin surging by 30% to $0.70 within minutes of the tweet being posted.

Fast forward to May and Musk has once again put Dogecoin in the spotlight. This time, the SpaceX and Tesla CEO took to Twitter to appeal to developers to come on board and “help develop Doge”. As per the established paradigm, the price of DOGE was on the move soon after Musk’s tweet.

No one could say for sure that Musk’s comments were the sole reason behind the various price surges, but many crypto analysts believe the tech mogul is so influential that he is able to effectively steer prices.

Whilst his comments about DOGE have often sent prices up, it’s worth noting that Musk’s U-turn on Bitcoin has been widely seen as the catalyst that sent prices crashing ahead of the China crackdown.

Few would argue that Elon Musk is a hugely influential figure and his support of Dogecoin could be critical in helping the altcoin to compete with more technically advanced cryptocurrencies.

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Dogecoin Price Predictions: 2025 – 2030

According to our Dogecoin (DOGE) price predictions for the next five to ten years, the meme coin is estimated to have a strong uptrend. Considering the fluctuations in the crypto market. Dogecoin can prove to be a solid investment in the coming years.

Explore our overview for long-term Dogecoin price predictions and find what our forecast reveals about the future DOGE price.

Year Mid-Year Price Year-End Price
2025 $2.34 $2.38
2026 $2.42 $2.74
2027 $3.14 $3.47
2028 $3.50 $3.48
2029 $4.43 $4.85
2030 $5.47 $5.59

2025: Maximum expected price of DOGE in USD by 2025 is $2.33.

2030: Maximum expected price of DOGE in USD by 2030 is $5.58.

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Dogecoin Price Prediction 2025

It’s fair to say that Dogecoin has not only survived against the odds but is actually beginning to look like it will be the most popular cryptocurrency of 2021. But what does that mean for the coming years? And can DOGE hold its price based on community spirit alone?

TradingBeasts believes that Dogecoin (DOGE) will perform well in the coming years. With prices increasing steadily year-on-year until the end of 2025. Whilst it is not expected to reach parity with the US dollar in that timeframe, TradingBeasts believes Dogecoin will be trading at a potential high of $2.3952 going into 2025.

Meanwhile, DigitalCoinPrice predicts a little less. According to its technical analysis, DOGE will finish 2022 at $0.21 but will continue to creep up over the next 3-4 years. By 2023 it will reach $2.27 and during 2024 Dogecoin DOGE is expected to reach $2.30, before continuing its upward trajectory into 2025.

Finally, the Economy Forecast Agency is predicting a few turbulent years ahead for DOGE. It has the altcoin bouncing between $3.12 and $3.21 for the next couple of years, before things start to settle into an upward trend in 2024, between $2.18 and $2.28.

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Looking Further Ahead: Dogecoin Price Predictions for 2030

According to Dogecoin price prediction 2030 and long-term technical analysis, the price of DOGE will be worth as much as $5.49 per token by the very end of 2030.

Long term Dogecoin price predictions are difficult to make, as the token relies so much on its community for price movement and no platform can really predict group-led trends. However, they can be useful in giving us an idea about current market sentiment towards DOGE.

A cryptocurrency research firm by the name of Crypto Research Report is calling for Dogecoin (DOGE) to reach $2.4 by 2025, and $5.70 by 2030.

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Conclusion: Should you invest in Dogecoin?

Most Dogecoin price predictions suggest that the altcoin can expect to see significant growth over the coming years. Leading analysts vary wildly on their forecasts – but if even the most conservative predictions pan out, anyone who chooses to invest in Dogecoin could see good returns.

When it comes to investing, Dogecoin is a very unique asset. Whereas some might argue that it has no intrinsic value, others might point out that the community aspect of a cryptocurrency should not be overlooked – and DOGE’s price movement in 2021 would certainly support this view.

Those arguing that Dogecoin lacks the technical credentials to compete with some of the newer smart coins only need to look at Bitcoin, which, despite being comparatively dated when it comes to infrastructure, continued to dominate the cryptocurrency market.

So can Dogecoin do the same? Realistically, no one knows what the future may hold for the cryptocurrency market – new projects continue to appear, countries continue to regulate and investor sentiment continues to change, but it’s just possible that having a strong community will allow DOGE to weather storms that might sink other cryptocurrencies.

If you’re considering investing in Dogecoin, we’d suggest having an adaptable strategy. DOGE’s price is likely to fluctuate a great deal – especially if there are any more comments from Elon Musk or Reddit-fuelled buying frenzies. As such, the old adage of ‘buy low and sell high’ could well be worth remembering when it comes to Dogecoin.

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Where to Invest in Dogecoin

If you do decide to buy Dogecoin, then you’ll need to do so from a crypto exchange that is currently listing the coin. There are plenty on the market, but for most investors, we’d recommend eToro.

The platform has a solid reputation in the world of both cryptocurrency and retail trading, not to mention offering a user friendly and powerful trading platform that can give you instant access to the market. You’ll also find plenty of information to help build your wider trading strategy, as eToro offers plenty of reviews, trading guides and market news.

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FAQs

Is Dogecoin a good long-term investment?

Dogecoin is one of the most popular cryptocurrencies there is, with a famously loyal community and even support from the business and celebrity world. Whilst some traditional investors may dismiss these qualities, others are starting to realize that they may well convert into positive price movement. Dogecoin is a risky investment, there’s no doubt, but it could well be a good buy and hold for the long term.

How much will Dogecoin (DOGE) be worth in five years (2027)?

According to the latest updates, the Dogecoin future price analysis is expected to be $3.40 at least. Dogecoin will be able to achieve the maximum price of $3 before 2027 ends.

How much will Dogecoin be worth in 2025?

In terms of price, Dogecoin has an outstanding potential to reach new heights in the next three years. It forecasts that DOGE will increase in value. According to experts and analysts, Dogecoin can hit the highest price of $3.5 till 2025.

Does Dogecoin have a future?

It seems crypto analysts have consistently tried to write DOGE off as something of a joke, yet the coin continues to survive and has recently been going from strength to strength. Given the commitment of the DOGE community, we think this altcoin will be around for years to come.

Where can I buy Dogecoin?

If you want to buy Dogecoin, then you’ll need to find a broker that lists the token. We recommend eToro for most users, as it’s an approachable platform that has all the necessary regulatory credentials.

Can Dogecoin double my money?

No one can say for sure how a coin’s price will move. We wouldn’t suggest that Dogecoin will double your money, but it’s worth noting that it has been subject to some jaw-dropping price movement recently – so it could certainly provide significant returns for those who buy at the right time.

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Dogecoin Price Prediction – Will Dogecoin Reach $1?

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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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To Hail or Nail: Public Policy, Monitoring and Evaluation Analysis of the Central Bank of Nigeria Currency Notes Redesign Project

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Nigerian naira notes are seen in this picture illustration March 15, 2016. REUTERS/Afolabi Sotunde/Illustration/File Photo - RTSFNNR

Background: Why the Currency Redesign

As a policy, project management, monitoring/evaluation and research person, I have been reflecting on the need and justification of the CBN proposed currency notes redesign project, as there are other pressing national issues the fund for such a project could solve and the mixed feelings experts and the general public have expressed on the project. According to the CBN Governor (in this report  ), “as at the end of September 2022, available data at the CBN indicate that N2.73tn out of the N3.23tn currency in circulation was outside the vaults of commercial banks across the country, and supposedly held by members of the public.

Evidently, currency in circulation has more than doubled since 2015, rising from N1.46tn in December 2015 to N3.23tn as at September 2022.” This he said can not be allowed to continue, as these huge currency notes are also being held by terrorist and kidnapers through ransom payment.

Project Goal

It could be said that the assumption/theory of change of the currency redesign project is: if the target currency notes (N200, N500 & N1000) are changed, those hugely holding them outside of commercial bank will forcefully bring them back to the banks; which will lead to crowd liquidity mop up and control; while impacting positively on lending, interest rate and economy in general. As such, the goal of the policy/project according to the CBN Governor is: “To control currency in circulation as well as curb counterfeit currency and ransom payment to kidnappers and terrorists.”

Monitoring and Evaluation

As the key input, even though the amount of money (which will be very huge or even inflated in billions!) that will be spent on the currency notes redesign project has not been made public, it is good for the public to know how the outcome/impact of such public spending will be measured in line with the policy goal. As such, the outcome/impact or otherwise, could be measured based on the following indicators and risk assumptions.

1. Project (available) Baseline Indicators

Commercial banks liquidity, interest & lending rates baseline indicators

SN Percentage
1 Liquidity rate 20%, with N2.73 trillion (80%) out of the N3.23 trillion in circulation not in commercial banks. And 1month deposit rate of 5.58% as at August 2022

 

2 Interest rate (monetary policy rate) 14.00% at August 2022
3 Maximum lending rate 28.30% as at August 2022

(Data sources: The Punch report cited above & CBN data in this report https://www.cbn.gov.ng/rates/mnymktind.asp)

2. Project Outcome Indicators

Base on the above baseline indicators, the indicators of the outcome of the policy project implementation will be:

(1) Significant increase in deposit/liquidity rates;

(2) Significant reduction in interest rate;

(2) Significant increase in maximum lending rate.

Note: These outcome data will be sourced/corroborated from CBN, banks and relevant business associations like chambers of commerce, manufacturers association of Nigeria, etc as borrowers.

By implication, inline with the project goal, other outcome indicators should include:

(1) No of (increased) cases/prosecution of cash deposit money laundering offenders;

(2) Significant reduction in cases of kidnapping/ransom payment;

(3) Significant reduction in reported cases of currency notes counterfeiting.

Note: These outcome data will be sourced/corroborated from CBN, banks and Economic & Financial Crime Commission (EFCC).

3. Project Outcome Timeline

Since the crowd mop up (deposit) of the old currency notes has started this October 2022 and will end January 2023, it expected the above project outcome would occur between October 2022/January 2023.

4. Project Impact Indicators

As I projected in the project’s assumption/theory of change, it is expected that commercial banks liquidity will increase, which could lead to reduction in interest rate and increase in lending rate and borrowing by the public and businesses. As such, the project impact indicators will include:

(1) Emergence of new businesses;

(2) Expansion of existing businesses;

(3) Reduction of financial stress on members of the public.

Note: Data for impact a and b, will be collected/corroborated from chambers of commerce, business associations, market unions, corporate affairs commission, national bureau of statistics, etc. While data for impact c, will be collected from key informants.

5. Project Impact Timeline

The above project impact could start occurring by June 2023—which is at least six months after the end of the crowd mop up of deposits by January 2023.

6. Project Risk

Beyond the expected positive outcome/impact of the project, there could also be negative outcome/impact. For instance, to avoid being caught as money laundering offenders, those holding huge amounts of the old note may resort to changing them to dollars! If this happens, the price and scarcity of dollars will increase; which will affect those who need it for legitimate transactions. It will also affect the already nose-diving value of naira—stressing the economy further.

Secondly, if the redesign of the currency notes renders the money terrorists/kidnapers have useless, they could up their game to make money, bounce back and stay afloat. As such, this has security implications, accordingly. As they have been doing pertly, the terrorists/kidnapers may also completely start asking for ransom in foreign. This will therefore defeat the ransom payment prevention objective of the project.

Conclusion

In the spirit of value for money and amidst other pressing national issues that require funding—like flood victims support—the analysis I have presented here, will enable the public to evaluate the outcome/impact of the very huge fund that will be spent on the currency notes redesign project and the attendant public stress it will cause. With the evaluation at the end, it will clearly be for Nigerians to hail or nail the federal government and CBN Governor, as the case may be.

Increase Your DeFi Yield Potential With Rocketize Token, Dogecoin, And Algorand

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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

The Elon Era: How Taking Over Twitter Will Make Meme Coins Millions

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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