Cryptopreneurs almost always recognize this coin, and the number one reason – initially, it was a joke. The name also brings us back to Elon Musk’s tweet. Not, it’s ‘serious’, and traders are interested when it gets to the price mark of 1$. Let’s find out the perspectives of this currency in the long run up to 2025 and what it’s in the DOGE to BTC proportion.
Inspired by Shiba Inu, this digital asset, across the globe, is known as a decentralized open-source P2P digital currency. It also positions as an alternative coin with a meme as its basis, and humor in general had an impact on its design. Dogecoin stands apart from other counterparts since it has an incredible and active community. The coin stands out from others thanks to the emblem of the Japanese pet dog breed “Shiba Inu.” However, when it comes down to functionality, it’s the same.
Not a joke, right? It exploded and increased in value by more than 5000% in 2021 before falling by 80% in 2022. It brags about the highest rate of growth and is used when there’s the need for immediately moving tiny quantities of money at minimal trading costs.
The currency came to the world in 2013. In late December 2013 the worth was $0.0002, Given that DOGE originated from a meme and was driven by a joke. The goal of the creators was to deliver a digital asset that would be able to compete with Bitcoin’s dominance. The prices fluctuated that winter in general and got on top with $0.001 on December 19. In late 2013. the worth made $0.0004.
We won’t outline the whole price dynamics since 2013. It’s essential to know the situation from the start. Now, let’s get to October 22 and proceed to the following years to come. Elon Musk frequently tweeted about Dogecoin, which increased the buzz around it.
2021 was a lucky year with a significant price surge. It increased from $0.004 to $0.7376 on May 8, 2022. When the meme season peaked, Dogecoin outperformed many projects getting significant gains in 2021. Then, the value has subsequently been on a downward spiral, and in late December 2021, it was bought at $0.171.
In October 2022, the value makes $0.124. By late December, it is anticipated to be $0.1213. A minimum worth might constitute $0.075. At what price will this coin be traded in 2023? As 2022 is drawing to a close, it is becoming clear that the next year is likely to be bullish for this coin.
By December 2023, Dogecoin is anticipated to reach its maximum price forecast of $1.02. The anticipated Doge pricing will start at $0.12(early 2023). Let’s get to 2024. The highest price might be $3.34, while the lowest one – $1.12. In 2025, this can be $8.03 and $3.24 respectively. Speaking of the market trend, this year also might be bullish. The value is foreseen to surge by 200%.
Where to buy DOGE?
It’s not a secret that the best possible option is to team up with a good exchange. This is where Godex.io is just the right thing. The system does not require the registration. It is so client-oriented so that users can trust it. How? It offers fixed rates without changing them throughout the entire transaction. Fees are relatively low. The cryptocurrency rate is the most beneficial since the team behind the platform works on exploring and delivering the best offers in the market.
The icing on the cake is a DOGE to BTC calculator. Before any trading, users can assess how much will they get at the end of the transaction. Additionally, traders can check for the latest information, such as supplies, cmc rank, trading volume, percentage shifts over the recent day, etc. Also, they will love DOGE to BTC Conversation Table to check specific amounts of cryptos to swap. This and other reasons make Godex.io a good exchange to partner up with.