Dogecoin is reaching all new levels, but meme-based cryptocurrencies are still seeking value of $1.
Governor’s new forecast
Dogecoin has continued to grow in recent days, and its value is getting higher and higher compared to other major companies such as Twitter, Ford, and Snap. But how far will cryptocurrency grow?
- DigitalCoin price It is predicted that Dogecoin will reach $1 in early 2022. The same company predicts that the cryptocurrency will reach $0.91 in December 2021.
Coin price prediction It is predicted that Dogecoin will reach $3 by the end of 2021
Since Tesla CEO Elon Musk has always been a supporter of Dogecoin, there are also speculations about what might happen to Dogecoin’s next step. Many people predict that he will mention Dogecoin in the upcoming “Saturday Night Live” performance, which may further increase the value of the cryptocurrency, as I wrote for Deseret News.
Will investors hold it?
According to data from InvestorPlace, Dogecoin investors have reached a specific location because its value has reached a previous record high, which is worrying.
- According to InvestorPlace, “Dogecoin holders have been sweating profusely in recent days.” “Cryptocurrency has been hovering around 40 cents, which is a pain point for investors. It reached its highest point in mid-April. When it reached 43 cents, it has been hovering for several weeks after that. So when it reached the same level again, investors held their breath.”
It is not clear what will happen to Dogecoin. However, the latest round of hype will peak in Musk’s upcoming “Saturday Night Live” performance.