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Dogecoin investors reportedly predicted that the original humor coin would reach $1 when it surged in price in 2021, but DOGE fell short, peaking just above $0.73 before plunging.
Galaxy Digital, a significant cryptocurrency company, is now predicting that DOGE might eventually reach the much anticipated $1 price target by 2025, given that Dogecoin is expected to grow once more in 2025.
The meme coin has seen significant gains, currently priced at nearly $0.39 after a 26% increase in just one week. At the start of the year, DOGE was priced at around $0.317, making it the second-biggest gainer among the top 10 cryptocurrencies by market cap, only trailing Cardano (ADA), which gained 33%.
Galaxy Digital’s Head of Research, Alex Thorn, predicted the firm’s “2025 Crypto Predictions” report, released last week. He believes DOGE…more
Source www.cryptotimes.io
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