In an unexpected turn of events, Dogecoin, the beloved dog-themed memecoin, has skyrocketed to its highest level in over a year, experiencing a staggering 17% price gain and witnessing a remarkable 100% surge in trading volume within the past 24 hours.
Santiment feed data reveals a remarkable spike in Dogecoin transactions, soaring from 1.22 billion to an astounding 9.20 billion over the course of just 48 hours. While the exact cause of this surge remains elusive, it marks a significant development within the memecoin community.
💻 @santimentfeed data suggests a significant increase in #Dogecoin transaction volume, rising from 1.22 billion to 9.20 billion in a 48-hour period. While the reason behind this surge is still unclear, it is a noteworthy development for the #memecoin .$DOGE #Crypto pic.twitter.com/Lqj4Tu9pCz
— 山丨ㄥㄥ Trader_Kamikaze 🇧🇷 🤘 (@trader_kamikaze) March 27, 2024
Meanwhile, the leading memecoin, Dogecoin, has achieved a remarkable milestone by hitting a 52-week high of $0.22 in anticipation of the forthcoming Dogecoin X payment. This surge in value underscores the growing excitement surrounding the memecoin space.
#dogecoin just hit a 52 week high🤩🤩🤩 pic.twitter.com/z54IJKz7fp
— ⭐️ Lil’ Doge ⭐️ (@dogecoin_empire) March 28, 2024
Dogecoin Has Surpassed $30 Billion Market Cap Threshold
Adding to the excitement, Dogecoin has surpassed the $30 billion market cap threshold for the first time in over two years, reaching an impressive market capitalization of $31.07 billion.
This milestone highlights the resurgence of Dogecoin and its enduring popularity among cryptocurrency enthusiasts.
BREAKING: #Dogecoin just crossed $30 billion market cap for the first time in over 2 years.
Here is the dog coin trilogy by market cap:
– $DOGE: $30.7 billion.– $SHIB: $18.8 billion– $FLOKI: $2.2 billion#Floki has the smallest market cap of the three! 👀️️️️️️ pic.twitter.com/9quYmb6PXK
— BITCOINLFG® (@bitcoinlfgo) March 28, 2024
As the memecoin frenzy continues to captivate investors and traders alike, Dogecoin’s remarkable ascent serves as a testament to the enduring appeal and potential of meme-inspired digital assets.
With its newfound momentum and growing market presence, Dogecoin is poised to remain a prominent player in the ever-evolving cryptocurrency landscape.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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The post Dogecoin Surges To New Heights Amidst Memecoin Frenzy appeared first on The Merkle News.
FAQs
DOGE price predictions 2040
Coinjournal offers a more bullish outlook, projecting a price of around $4.70 for Dogecoin in 2040.
How much will Dogecoin be worth in 2040? ›
DOGE price predictions 2040
Coinjournal offers a more bullish outlook, projecting a price of around $4.70 for Dogecoin in 2040.
How much will DOGE be worth in 2025? ›
Dogecoin Price Prediction Summary
After reaching its ATH in May 2021, DOGE is down 71.34%. Dogecoin currently has a market cap of $31.8 billion and sits in 8th place when all cryptocurrencies are ranked by market cap. Our 2025 Dogecoin price prediction estimates an average price of $0.3.
What is the price prediction for Dogecoin in 2027? ›
Dogecoin's Long Term Price Prediction
| Years | Avg Price | Lowest Price |
|---|
| 2025 | $0.53 | $0.42 |
| 2026 | $1.07 | $0.85 |
| 2027 | $2.14 | $1.72 |
| 2028 | $4.29 | $3.43 |
7 more rowsIt predicts Dogecoin could reach a maximum price of $0.32, a minimum price of $0.07825 and an average price of $0.1150 by the end of 2024. AMBCrypto, an independent crypto news site, has a close Dogecoin price prediction, seeing the coin to reach a high of $0.35.
What will shiba inu be worth in 2040? ›
Shiba Inu is expected to cost between $0.0045 and $0.0058 in 2040, with an average market price of $0.0049. This range represents market expectations and takes into account several possibilities as crypto is expected to attain widespread usage.
What will 1 ethereum be worth in 2050? ›
Ethereum (ETH) Price Prediction 2024-2040
| Year | Minimum Price | Average Price |
|---|
| 2032 | $87,586.24 | $90,495.95 |
| 2033 | $126,956.30 | $131,481.85 |
| 2040 | $168,296.17 | $184,074.59 |
| 2050 | $226,147.38 | $244,555.54 |
8 more rowsDOGE price predictions 2050
According to CoinCodex analysts, the DOGE price would be $1.61 in 2050, assuming the S&P 500's average yearly growth rate of 11.8%. If Bitcoin's average growth rate is used as the benchmark, the price of Dogecoin would reach a whopping $19.4 by 2050.
What is a realistic price prediction for Dogecoin in 2030? ›
Dogecoin (DOGE) Price Prediction 2030
| Year | Price |
|---|
| 2025 | $ 0.14823 |
| 2026 | $ 0.155642 |
| 2027 | $ 0.163424 |
| 2030 | $ 0.189183 |
1 more rowBy the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21. The current price of 1 Ethereum is $ 2,881.90761347.
Dogecoin Overview
Our real-time DOGE to USD price update shows the current Dogecoin price as $0.15 USD. Our most recent Dogecoin price forecast indicates that its value will increase by -0.21% and reach $0.145511 by April 29, 2024.
What is the price prediction for DOGE in 2026? ›
DOGE Price Prediction 2026
According to the Dogecoin price forecast, it may hit a maximum price of $0.45 and a minimum trading price of around $0.30 for the year 2026. At the same time, the average trading value may be around $0.38.
Will DOGE rise again? ›
Daily Dogecoin (DOGE) Price Prediction For Today, Tomorrow, this Week, and Next 30 Days. Based on your price prediction input for Dogecoin, the value of DOGE is projected to increase by 5%, potentially reaching $ 0.128044 in the next 30 days.
What is the highest price of Dogecoin? ›
The all-time high of Dogecoin is $0.74.
How much would my Dogecoin be worth? ›
DOGE to USD
| Amount | Today at 3:10 am |
|---|
| 1 DOGE | $0.13 |
| 5 DOGE | $0.65 |
| 10 DOGE | $1.29 |
| 50 DOGE | $6.46 |
4 more rowsDeclining Dogecoin open interest and funding rates
This indicates that traders are either taking a cautious approach due to uncertainty about Dogecoin's future price movements or that the overall interest in trading Dogecoin with high leverage has diminished.
How high will Dogecoin be in 2050? ›
DOGE price predictions 2050
According to CoinCodex analysts, the DOGE price would be $1.61 in 2050, assuming the S&P 500's average yearly growth rate of 11.8%. If Bitcoin's average growth rate is used as the benchmark, the price of Dogecoin would reach a whopping $19.4 by 2050.
How much will 1 bitcoin be worth in 2040? ›
Bitcoin Overview
| Year | Minimum Price | Average Price |
|---|
| 2031 | $1,077,841.21 | $1,109,283.06 |
| 2032 | $1,556,210.36 | $1,611,674.82 |
| 2033 | $2,330,561.92 | $2,411,145.86 |
| 2040 | $3,255,046.46 | $3,568,496.11 |
8 more rowsSimilarly to the prediction for 2040, we've used Bitcoin's 3-year CAGR of about 19% to calculate what the price of Bitcoin would be in 2050 based on those parameters. According to the calculation, Bitcoin's price could increase to $5,411,000 by 2050 and grow by more than +10,980% over the next 27 years.
What is the price prediction for crypto in 2040? ›
The prediction for bitcoin's price in 2040, as per Coincodex, involves projecting the cryptocurrency's average yearly rate of return over the past five years, roughly 22%, onto future price movements. This projection suggests a potential increase to $1,510,000 by 2040.
