The OG Meme Cryptocurrency Dogecoin (Doge) was one of the earliest assets to enter the industry. Despite starting out as a joke, Doge was able to document perfect growth over the years. In addition to its price, the popularity of meme coins has also begun to skyrocket. Several celebrities were seen supporting the assets. Doge failed to claim the $1 mark, but the assets continued to attract loyal investors. The Doge market is currently only a small major price. The assets are 76% below the all-time high of $0.7376. This peak was achieved in 2021, about four years ago. Dogecoin still has the potential and can assets bring great benefits to investors?
How about dog coins today?
Dogecoin, like other assets in the market, was recording a decline today. Assets recorded an incredible week with a 10.79% increase. However, over the past 24 hours, Doge has now reached $0.1703 from the trade at a high of $0.185. During this period, the assets experienced a loss of 5.26%. At the time of writing, Meme Coin was trading at $0.1739.
The assets are struggling at the moment, but historic data from Dogecoin highlights its resilience. The asset reached an all-time low of $0.00008547 in 2015. Since then, Meme Coin has increased by more than 202675.94%.
2030 Price forecast
According to Changelly, Dogecoin is expected to trade at around $0.9963 at an average price. In 2030, it could still fall to $0.9678, but still rise to $1.20. If investors put $100 into DogeCoin at its current price of $0.1739, and the cryptocurrency reaches $1.20 by 2030, when the investment could grow to around $689.96. This represents a substantial revenue of around 589.96% over the next few years, highlighting the potential long-term benefits of holding Doge throughout the next market cycle.
