Dogecoin is currently one of the leading names in the cryptocurrency world. The token is now part of the rising ETF debate and narrative, awaiting its price push, which the ETF rollout may trigger in its wake. Apart from the obvious, Dogecoin is also a part of a brewing speculation, where investors are hoping to see Dogecoin officially integrated with X, with Musk showering exclusive perks on the token. But beyond such speculations and regimens, what future does DOGE hold in its entirety? Is it bright enough to invest? Let’s find out.
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Dogecoin: Beyond X: Illusion or Reality?
Dogecoin is currently sitting at $0.17, up 1% in the last 24 hours. The token has been trading in the $0.16 and $0.20 price range for a while and is unable to break past the aforementioned level to secure higher price marks. In this wake, Doge enthusiasts have been lately speculating on two brewing developments that could help Dogecoin surge and climb to new price highs. Firstly, Dogecoin is part of a bigger ETF narrative. If the SEC ends up approving a Dogecoin ETF in the near future, then this development will certainly help the token secure a high price ground.
Amid all this, there’s another speculative development that has been making the rounds on X as of late. With Musk announcing X money as one of his recent product offerings, the market is anticipating a possible Dogecoin and X money collab, which ultimately could end up sending Dogecoin to new highs. The step involves Musk announcing Dogecoin as the newest addition to X money as a form of a capable transaction contender, which can end up transforming Dogecoin’s price trajectory in its entirety.
While the narrative is still highly speculative and has no official confirmation as of yet, investors are hoping for a quick announcement, one that could end up changing DOGE for the better. However, for now, it seems to be an illusion that the market is desperately waiting to come true.
Dogecoin Beyond X Money: Short-Term Analysis
Moving forward, Dogecoin’s real-life analysis depends heavily on its ETF approval, alongside the token’s adoption and momentum. That being said, Dogecoin can gain significant traction once the DOGE ETF is approved by the US SEC. Secondly, Dogecoin is poised to hit major price highs in the near future.
Per CoinCodex, Doge may hit $0.48 by 2030.
“According to our current DOGE price prediction, the price of DOGE is predicted to rise by 173.83% and reach $ 0.486291 by December 30, 2030. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 61 (greed). DOGE recorded 14/30 (47%) green days with 10.01% price volatility over the last 30 days.”
Future Price Analysis
CC further adds that DOGE may surge to hit $0.72 by 2040.
“According to our current DOGE price prediction, the price of DOGE is predicted to rise by 310.89% and reach $ 0.729684 by December 28, 2040. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 61 (greed). DOGE recorded 14/30 (47%) green days with 10.01% price volatility over the last 30 days.”
CC later adds how high Dogecoin may surge by 2050.
“According to our current DOGE price prediction, the price of DOGE is predicted to rise by 579.48% and reach $ 1.206667 by December 25, 2050. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 61 (greed). Dogecoin recorded 14/30 (47%) green days with 10.01% price volatility over the last 30 days.”
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