In this guide, we will voice our own and market’s opinion on DOGE future while discussing Dogecoin price forecast for 2022 and beyond.

Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Dogecoin.

Now, let’s head into it. Before we delve deep into the Dogecoin price prediction and answer questions if DOGE is a good investment or not, why will DOGE succeed or fail or why will Dogecoin price rise or drop, let’s quickly throw a glance at what is DOGE and its to date history.

You can buy and trade Dogecoin on many exchanges including the leading platforms like Cex.io, Coinbase and Binance.

The whole crypto market is currently on the verge of a real bull run.

There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap.

Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run. As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history.

Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.

Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will DOGE develop in the short-term (for the next 90 days), according to our prediction model:

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Our prediction model sees DOGE reaching $ 0.5372 in 2025.

The price of DOGE in 5 years could lie around $ 0, according to CaptainAltcoin’s prediction model.

The majority of projects will fail — some startups are created just to gather funds and disappear, some would not handle the competition, but most are just ideas that look good on paper, but in reality, are useless for the market. 

Vitalik Buterin, co-founder of Ethereum said:

“There are some good ideas, there are a lot of very bad ideas, and there are a lot of very, very bad ideas, and quite a few scams as well”

As a result, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will DOGE be among those 5%?

If we are honest, there is not much going on for Doge aside of this welcoming and ardent community. It is unreasonable to expect a long-term Dogecoin survival if that is the only hinge for the project.

Dogecoin is slowly dropping below the market cap positions it was in 2017, with no particular interest and real world use cases in sight, aside of sporadic utility in charity tipping. But Dogecoin communities is always a nice place for a good laugh – it is a meme kingdom of cryptocurrency world.

Reasons for Dogecoin to go up and rise in price are scarce. It is still one of the favorite jokes around, even Elon Musk joins the fun occasionally but we simply do not see the grounds for Doge long-term success. Its use case is already taken up by bitcoin and other more serious projects. Dogecoin could hybernate its way into the future as a sentimental value that early adopters keep cherishing and using for meme and joke purposes.

The biggest threat to Dogecoin is one of their biggest advantages: their use case. This is a joke coin – never meant to stay alive this long, nor to reach these market caps and market exposure. Eventually, the joke will stop being funny and the project will get delisted and effectively killed by the exchanges.

No, judging by the team activity on social media, github, their own website. Their communities on Reddit and Telegram are also active, although much lower engagement levels are noticeable when compared to 2017. Coin is also still listed on all major exchanges which indicates that Dogecoin is far from a dead project.

No. If Doge was to reach $10, bitcoin would have to be at $1 million per coin (assuming that their value ratio stays the same, very unlikely).

Yes, Dogecoin is a PoW coin that can be mined with the so called merged-mining techniques.

Speculation. Speculators are still majority in the crypto markets and they don’t care what they buy as long as they think it will bring them money.

Depends on the definition of the moon. If we are honest, Dogecoin had its zenit and it is all downhill from now on.

Considering Doge has a huge supply and no real world use, its upside potential is limited by pure market speculation and forces it can produce. If the overall crypto market rockets into another mania, Dogecoin could beat all the odds and reach insane heights. But that is not likely to happen any time soon.

Read also:

The post Dogecoin Price Prediction 2022 – 2025 – 2030 | DOGE Price Forecast appeared first on CaptainAltcoin.

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