Do not reproduce without permission. The much wow innovative crypto-currency. There is nothing to say that DOGE will not break the $10,000 barrier one day, but you should exercise extreme caution. Magnetic Managing Director Megan Kaspar shared the sentiment in her prediction with Ethereum, as reported byYahoo! The price of Ripple is estimated to reach around $1 to $2 dollars max by the end of 2022. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. Yuga Labs Hires Former Epic Games CTO Mike Seavers. The price of Dogecoin is largely based on hype and network effect, which by nature is an exponential | by randerson112358 | DataDrivenInvestor Write Sign up 500 Apologies, but something went wrong on our end. 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. Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. Its more than the whole crypto market. Elon Musk is the founder of X.com, which later became PayPal. Finance. 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 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 Bitcoin has seen a solid price gain and currently trending in excess of $50,000, an appreciation that was last seen back in July. She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. They want a financial system that is independent of any government control. Earlier we concluded that it will be nearly impossible for Ripple to reach a value of $1,000 per coin in the near future. 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. Every $1 that the Dogecoin price were Stock Prodigy Who Found NIO at $2 Says Buy THIS Now. Lets explain., Unlike other cryptocurrencies, Dogecoin doesnt have a cap. Notably, Ethereum also expanded its network to non-fungible tokens (NFT) trading. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. How Has Fiber Technology Contributed To Sustainable Development? The Shiba Inu ecosystem consists of three major tokens SHIB, LEASH and BONE. Yes, Dogecoin can reach $10. I'm a technical author and blockchain enthusiast who has been in love with crypto since 2020. Many crypto analysts believe that the LEASH token has a high potential of price appreciation in the near future. This launch, if wildly successful, could boost the price of tokens present on the Shibaswap platform. 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%. 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. Dogecoin Market Cap Today's Change (-0.00%) -$0.00 Current Price $0.08 Price as of April 26, 2023, 6:41 a.m. The transaction cost of Bitcoin is rising steadily. 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. Dogecoin reaching $1 is a distinct possibility. This would be less than 50% higher than the all-time high of about $0.70 per DOGE. The question can Dogecoin reach $100, or $1, or any price for that matter, has to do with two things: DOGEs market cap and its mining dynamics. The unique aspect of LEASH is its tokenomics, as it, Twitter is the battleground for all cryptocurrencies its how they thrive in the digital world. Any transfer over $10,000 will have to be reported to the IRS. His tweets introduced the cryptocurrency to millions of his followers and created a market frenzy. WebRight now we are early, because price action is being driven by retail investors who like the charts and fundamentals. Muslim Farooque is a keen investor and an optimist at heart. Our whole economy revolves around traditional money. This surprised me: yes. So, for $1000 per Dogecoin, the total market cap of Doge would be more than $180 trillion, two times that of the worlds economy. Wider acceptance, faster and easier transfer are a few of them. Its nothing more than a speculative play at this point, which offers nothing to the long-term crypto investor. Only a few people know about it, and it isnt widely accepted. #Uptober is in full trend and the Bull Gods are shining down on the crypto world. In order to keep the network secure and operational, theres always an incentive of 5 billion coins per year for miners. Can Dogecoin Reach $1, $5, or $10 ? Several investors are carefully observing market trends for the next big surge where they could grab quick profits. However, its impossible that Dogecoin will ever get to $1000 per coin. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. Do you feel the rage in the eyes of this (imaginary) rabid dog character? Its been subject to numerous wild trading swings in the past few weeks, showing that the tide is already swinging. Please click here to learn how. Its absurd. $10 per Dogecoin is also likely within this decade. Yes, Dogecoin can reach 10 dollars, at least in theory. It would be nearly impossible for Dogecoin to reach $100, because there isnt quite enough money in the whole world. Therefore, people now buy Bitcoin and hold on to it.. Additionally, Dogecoins listing on various cryptocurrency exchanges will further impact its price in the short term. What Happened: Cookie Notice This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum ETH/USD at $10,000 or Dogecoin DOGE/USD at $0.50? This week alone, a cartoon image ofa rock sold for 555 ETH, more than $1.7 million equivalent. WebLEASH Tokenomics Holds a Big Advantage. ET There are not entirely outlandish arguments to 100 yes . The Shiboshi NFT characters will also be featured in the upcoming Shiboshi Game, where players can use their NFTs for strategic gameplay. With these two factors, Ethereum is getting stability and market activity which could significantly boost its value over the next few months. Epic Games alum Mike Seavers is set to join web3 giant Yuga Labs as Chief Technology Officer (CTO), according to recent announcements. 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. Ethereum remains the dominant platform for blockchain applications. 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 If Dogecoin is very unlikely to reach 1000, then $10,000 is a pipe dream. To see 10,000 QNT will need some real world deployment by big players. Therefore, to achieve $10,000 is even more unlikely. Dogecoin has been dubbed the peoples currency thanks to its popularity among retail traders, celebrities and influencers. Lets explain., The US has a GDP of around $21 trillion, and China has approximately $15 trillion. Just a $10,000 investment in the struggling movie theater chain would be worth $129,765 now. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Because of its nature, Dogecoin has defied logic, spiking at insane profits and dropping without market warning. This article is not intended as, and shall not be construed as, financial advice. Cookie Notice To emphasize, Dogecoin recovered from its dangerous trading levels, saving investors from losing their money. Let me write that in words: 129.64 trillion dollars. 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. Towards the end of the year, beginning of next year, we'll have about a million worth of ethereum coming out of supply. 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. Privacy Policy. 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. : dogecoin. $10 per Dogecoin is also likely within this decade. To enjoy our website, you'll need to enable JavaScript in your web browser. On the other hand, investors need to be careful with the a Doge since it might drop to $0.22. 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. The most amazing place on reddit! Dogecoin is lower by 2.06% at $0.068 Monday. Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. 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. Therefore, its tough to predict which one will become mainstream cryptocurrency. and our It doesnt matter if you have $500 in savings or $5 million. If Dogecoin reaches $1 valuation per token, the total market cap of Doge would be $180 billion. 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. Ethereum would need to rise some 510% from current levels to reach $10,000. Today, its market capitalization exceeds $50 billion, which is higher than several big names trading at the stock market. Ethereum has been doing relatively well in these last couple of weeks, do much so thatbanking executives forecast a "seismic" shifthappening. 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. 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!) For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. The social media craze for LEASH is no less and its huge increase in price is solid proof of the influence social platforms can bring in the Doge Killers price. Speculative investing by institutions could drive us to 3-4K. Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion, the Treasury said. 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. Muslim holds a bachelors of science degree in applied accounting from Oxford Brookes University. Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. As more dApps are developed on Ethereum, more users will be drawn to the network. and our Both Shiba Inu (SHIB) and Bone ShibaSwap (BONE) tokens act as a supporting pillar to LEASH, as the huge following of both these tokens especially SHIB helps in stabilizing and often increasing the price of the LEASH token. Cryptocurrency is also highly volatile., Nevertheless, Bitcoin, Ethereum, and other cryptocurrencies have shown great potential. Do Not Sell My Personal Data/Privacy Policy. 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. If we sum up all the countries GDP, the total GDP would be $87 trillion., Source: https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. WebTheres a high probability that Dogecoin will reach $1 per coin. Scan this QR code to download the app now. Dogecoin started as a joke online, and shot up over 11,000% in value in the past 12-months. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. So that will initiate it becoming a deflationary asset.". The much wow innovative crypto-currency. Analysts fromYahoo! 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. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. At this price point the total market cap of DOGE (value of all Six hours before this article, Dogecoin dropped to $0.26 but immediately recovered afterward. 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 Will the Doge Killer (LEASH) Reach $10,000? The Dogecoin trade was a dream for early adopters as it witnessed meteoric growth in the past year. Dogecoin offers virtually no utility to its owners in comparison to other cryptocurrencies. 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. 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. Dogecoins enthusiasts believe that it provides real value to its users, particularly in lower transaction fees. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. According to the official announcement, this project is ready to giveaway $10,000 for votes in the first-ever Love Hate Inu poll by simply submitting your email address. The views and opinions expressed in this article are the authors [companys] own and do not necessarily reflect those of CoinMarketCap. WebDo you think it is possible for dogecoin to reach $10,000 (if so how and when)? 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. Heres the basic math (and remember market cap = total number of coins * price per coin). It is possible. However, $1000 per Dogecoin is unachievable. The post Dogecoin May Hit $1, But Its Not a Good Play In the Long Term appeared first on InvestorPlace. Opting into the survey was completely voluntary, with no incentives offered to potential respondents. Lightning Labs has unveiled its latest offering, the Lightning Terminal Daemon (LiT-D), aimed at simplifying the management of Lightning Network nodes. As it stands, all the countries GDP combined is not enough for Doge coins to even reach Each token has its unique aspect and uses in the Shiba environment. It doesnt make any sense.. 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. Woah, thats Now, she is forecasting that the market cap could hit $8,000 to $10,000 sometime in 2021. 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.. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. 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. This survey was conducted by Benzinga in July2022 and included the responses of a diverse population of adults 18 or older. Moreover, as there are 5 billion coins per year for miners, the Dogecoin transfer fee will remain low. Dogecoin significantly dropped from its $0.35 trading value in the last couple of months, resulting in bearish sentiment. Its already prohibitively high enough to be useful for daily retail transactions. Theres a high probability that Dogecoin will reach $1 per coin. WebSo in other words to put it simply for DOGE to reach $10k is roughly equivalent to BTC reaching 70 million dollars. 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. Here are the full results from this weeks survey: According to our Benzinga team, a $10,000 ETH is possible within the next few years. A major reason is that in the first 24 hours, the Shiboshi NFTs can ONLY be bought with LEASH, which means that the trading volume of the Doge Killer token may experience a big increase along with considerable price appreciation. Many people dont trust the US government. The market size was valued at $68.9 billion in 2022 and is projected to reach $264.08 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 17.6% It has quite evidently lost its thunder, and though it could possibly reach the $1 mark, its not crypto that you can invest in for the long term. Top Stock Picker Reveals His Next Potential 500% Winner. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Do this now. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. 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. More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. Get the Most Popular iTechPost Stories in a Weekly Newsletter. 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. WebTimes the amount of Dogecoin times 10,000. ETH continues to process a high volume of transactions, it remains the leader in the dApp and decentralized finance (DeFi) space and seems poised to improve its scalability. Never going to happen. However, there is one problem a sufficient amount of money should be put into Dogecoin to get the meme coin to the $10 level. This article contains links to third-party websites or other content for information purposes only (Third-Party Sites). However, be warned that its trade value could be priced between $0.22 to $0.64 anytime this week. There are Several investors are carefully observing market trends for the next big surge where they could grab quick profits. The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). Ethereum remains the dominant platform for blockchain applications, but the technology is rather new. 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. , If you have any additional questions, you can always contact our support via email, xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh , Domain "xn--80aa3agjl3d.xn--80adivwhn5n.xn--j1amh" is not parked, , .