Each token has its unique aspect and uses in the Shiba environment. Let me write that in words: 129.64 trillion dollars. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. Yes, Dogecoin can reach $10. This week alone, a cartoon image ofa rock sold for 555 ETH, more than $1.7 million equivalent. Cryptocurrency is also highly volatile., Nevertheless, Bitcoin, Ethereum, and other cryptocurrencies have shown great potential. But still, its not enough to replace the US dollar., There are hundreds of cryptocurrency. Although Dogecoins returns have been staggering, the reality is that they have been driven by hype and misinformation. To reach $1000, TRON would need to amass a $100 Trillion market capitalization. Wider acceptance, faster and easier transfer are a few of them. Ethereum has been doing relatively well in these last couple of weeks, do much so thatbanking executives forecast a "seismic" shifthappening. 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. 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. Furthermore, Dogecoin transfer time is 10x faster than Bitcoin., So, theres the tremendous growth potential for this coin. As of now, the price of the LEASH token and current technical indicators point towards a bullish sentiment. Copyright 2023 iTech Post All Rights Reserved. Therefore, to achieve $10,000 is even more unlikely. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. 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. Moreover, the U.S. Treasury Department has called for stricter cryptocurrency compliance with the laws laid down by the IRS, as they potentially pose tax evasion risk. So, for $1000 per Dogecoin, the total market cap of Doge would be more than $180 trillion, two times that of the worlds economy. Privacy Policy. The study reflects results from over 1,000 adults. As it stands, all the countries GDP combined is not enough for Doge coins to even reach Related Article: Monsta Infinite Earning Potential: Roadmap, $MONI Token Worth, Gameplay and MORE. However, not many currencies share the madpower of the. However, be warned that its trade value could be priced between $0.22 to $0.64 anytime this week. To see 10,000 QNT will need some real world deployment by big players. Earlier we concluded that it will be nearly impossible for Ripple to reach a value of $1,000 per coin in the near future. WebRight now we are early, because price action is being driven by retail investors who like the charts and fundamentals. $10 per Dogecoin is also likely within this decade. Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. To emphasize, Dogecoin recovered from its dangerous trading levels, saving investors from losing their money. The views and opinions expressed in this article are the authors [companys] own and do not necessarily reflect those of CoinMarketCap. Its current market cap (at $.21 a coin) is $28 billion. WebDo you think it is possible for dogecoin to reach $10,000 (if so how and when)? The Shiba Inu ecosystem consists of three major tokens SHIB, LEASH and BONE. Even if single crypto becomes the worlds de facto crypto still, theres no possibility that Dogecoin will ever become more valuable than the whole worlds GDP. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. : dogecoin. On the contrary, cryptocurrency is still in its infancy. Elon Musk is the founder of X.com, which later became PayPal. Its nothing more than a speculative play at this point, which offers nothing to the long-term crypto investor. Its already prohibitively high enough to be useful for daily retail transactions. A market cap of $180 billion is not impossible. The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. 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. Moreover, as there are 5 billion coins per year for miners, the Dogecoin transfer fee will remain low. Magnetic Managing Director Megan Kaspar shared the sentiment in her prediction with Ethereum, as reported byYahoo! An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. The Shiboshi NFT characters will also be featured in the upcoming Shiboshi Game, where players can use their NFTs for strategic gameplay. More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. 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. At this price point the total market cap of DOGE (value of all His tweets introduced the cryptocurrency to millions of his followers and created a market frenzy. 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. and our Can Dogecoin Reach $1, $5, or $10 ? Ethereum would need to rise some 510% from current levels to reach $10,000. 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 There is nothing to say that DOGE will not break the $10,000 barrier one day, but you should exercise extreme caution. More countries are also likely to follow suit in developing their own set of regulations. Several investors are carefully observing market trends for the next big surge where they could grab quick profits. 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. 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 In five to 10 years' time, cryptocurrencies might even replace traditional fiat currencies. WebCan Dogecoin cryptocurrency hit $10? The second-largest crypto Ethereum has a market cap of $200 billion. 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. However, with no inherent value nor utility, Dogecoin is likely to fall flat in the future. 2023 Benzinga.com. As per our Doge Killer analysis, today the investment has a 2.0 out of 10 safety rank and +873.8% expected ROI with the cost going to $7,468.97. 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. However, there is one problem a sufficient amount of money should be put into Dogecoin to get the meme coin to the $10 level. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). Privacy Policy. Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. 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. They want a financial system that is independent of any government control. Dogecoins enthusiasts believe that it provides real value to its users, particularly in lower transaction fees. The most amazing place on reddit! For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. This article is intended to be used and must be used for informational purposes only. Reproduction in whole or in part without permission is prohibited. Top Stock Picker Reveals His Next Potential 500% Winner. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. So that will initiate it becoming a deflationary asset.". This year in particular in it has surged to new heights following several tweets from billionaire Elon Musk, often referred to as the Dogefather. Now, she is forecasting that the market cap could hit $8,000 to $10,000 sometime in 2021. Stock Prodigy Who Found NIO at $2 Says Buy THIS Now. 7 Best Vaccine Stocks for Their Pipeline Potential. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. LEASH, on the other hand, has a total supply of just 107,647 tokens, which means that with the rising demand for the Doge Killer token, the price of LEASH can skyrocket much faster than Shiba Inu or any other token that has a huge token supply. r/dogecoin Can this actually reach $10? On the flip side, the internet favorite meme coin traded at dangerous levels in the last 12 hours. Do this now. Reply . 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. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Towards the end of the year, beginning of next year, we'll have about a million worth of ethereum coming out of supply. 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. 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. From what Ive seen, this seems completely impossible due to many reasons but Id like to hear some other peoples opinions. From what Ive seen, this seems completely impossible due to many reasons but Id like 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!) However, its impossible that Dogecoin will ever get to Finance report Kaspar said, "Investors are still using crypto as a favorite tool to hedge against inflation. Additionally, Dogecoins listing on various cryptocurrency exchanges will further impact its price in the short term. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators. The Ethereum 2.0 upgrade is going to make things more scalable for every crypto project currently hosted on the ETH platform. This article contains links to third-party websites or other content for information purposes only (Third-Party Sites). To enjoy our website, you'll need to enable JavaScript in your web browser. If Dogecoin reaches $1 valuation per token, the total market cap of Doge would be $180 billion. 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. 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. WebSo in other words to put it simply for DOGE to reach $10k is roughly equivalent to BTC reaching 70 million dollars. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. 2023 iTech Post All rights reserved. WebLEASH Tokenomics Holds a Big Advantage. Can Dogecoin reach $10,000? Dogecoin Market Cap Today's Change (-0.00%) -$0.00 Current Price $0.08 Price as of April 26, 2023, 6:41 a.m. what are you waiting for? Yes, Dogecoin can reach 10 dollars, at least in theory. 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. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. Muslim Farooque is a keen investor and an optimist at heart. With the king of cryptocurrencies trying to reclaim its former glory, all digital currencies including Shiba Inu and LEASH have shown massive gains in their overall price in the past few days. A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins. 100 yes . 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. Moreover, widespread adoption remains a concern. With LEASH crossing the $2,000 mark in the past 24 hours, theres a high chance that with the launch of the Shiboshi NFTs, the LEASH token could potentially continue this rally further. Never going to happen. and our Dogecoin has been dubbed the peoples currency thanks to its popularity among retail traders, celebrities and influencers. Earlier this year, in February, Raoul Pal, a former Goldman Sachs GS executive, said that Ethereum ETH/USD could reach $10,000 by 2024. What Happened: 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. Benzinga does not provide investment advice. Thats why over the years, Bitcoin and other cryptocurrencies became popular., Still, the regular currency has superior use cases and functionality than cryptocurrency. By the end of 2030, there will be 180 billion Dogecoin in circulation. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Reddit and its partners use cookies and similar technologies to provide you with a better experience. However, Dogecoin will never reach $1000 per coin. 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. Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University. 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. Several investors are carefully observing market trends for the next big surge where they could grab quick profits. She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Cookie Notice For more information, please see our It is important to do your own research and analysis before making any material decisions related to any of the products or services described. For more information, please see our The price of Dogecoin is largely based on hype and network effect, which by nature is an exponential 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%. This survey was conducted by Benzinga in July2022 and included the responses of a diverse population of adults 18 or older. 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. Its not that crazy high., There are currently around 18 million Bitcoins in circulation, and it has a market cap of about $900 billion. 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.. It doesnt make any sense.. Notably, Ethereum also expanded its network to non-fungible tokens (NFT) trading. Heres the basic math (and remember market cap = total number of coins * price per coin). This surprised me: yes. | by randerson112358 | DataDrivenInvestor Write Sign up 500 Apologies, but something went wrong on our end. All rights reserved. Woah, thats Therefore, he knows what he is talking about. As treasury printing money, the government adding debt recklessly, and inflation soaring, many are dissatisfied. With these two factors, Ethereum is getting stability and market activity which could significantly boost its value over the next few months. 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! 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. Yuga Labs Hires Former Epic Games CTO Mike Seavers. Today, its market capitalization exceeds $50 billion, which is higher than several big names trading at the stock market. Dogecoin offers virtually no utility to its owners in comparison to other cryptocurrencies. Get the Most Popular iTechPost Stories in a Weekly Newsletter. It doesnt matter if you have $500 in savings or $5 million. Many crypto analysts believe that the LEASH token has a high potential of price appreciation in the near future. On the other hand, investors need to be careful with the a Doge sinceit might drop to $0.22. 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 Epic Games alum Mike Seavers is set to join web3 giant Yuga Labs as Chief Technology Officer (CTO), according to recent announcements. 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. 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. 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
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