One of the most popular meme coins, Dogecoin (DOGE), disrupted the cryptocurrency scene after delivering explosive returns to investors in the last few years, finally topping out during the 2021 crypto bull run when Elon Musk appeared on SNL.
Currently trading at a price far below its all-time highs after a deep correction, internet searches for 'Is Dogecoin Dead' and 'Should I Sell My Dogecoin' are now common according to keyword data.
This Dogecoin price prediction guide will analyze the potential future of this popular cryptocurrency - should holders sell DOGE, or will Dogecoin recover?
Launched in 2013, Dogecoin is the 10th largest cryptocurrency with a market cap of nearly $8 billion. The sections below briefly summarise the Dogecoin price prediction for 2022 - 2025.
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Still regarded as one of the best meme coins, Dogecoin (DOGE), has regularly attracted high levels of volatility. Built on the Ethereum network, Dogecoin is an ERC-20 token released in 2013.
According to CoinMarketCap, Dogecoin was first released in December 2013 at $0.0005588 per token. Dogecoin is an inflationary token with a live token supply of more than 132 billion tokens. With 100% of the tokens circulating right now, DOGE increases by approximately 5 billion in supply annually.
Created by Billy Marcus and Jackson Palmer, the token was originally launched as a fun cryptocurrency token and an alternative investment to Bitcoin. The logo replicates the popular Shiba Inu dog meme, becoming the first of many new doge-themed meme tokens.
Before becoming one of the best cryptocurrency assets to purchase, Dogecoin traded sideways for
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