Dogecoin price predictions became something of a spectator sport after the popular meme coin disrupted the cryptocurrency world by delivering explosive returns to investors, finally topping out during the 2021 crypto bull run when Elon Musk appeared on SNL. Currently as of May 14, 2024 Dogecoin is being traded at $0.151, which is long way from its all-time high of $0.7376.
Since then, and after a deep correction, Dogecoin has been trading at a price far below its all-time highs, internet searches for ‘Is Dogecoin Dead‘ and ‘Should I Sell My Dogecoin‘ are now common according to keyword data—even with the pump of Q1 of 2024.
This Dogecoin price prediction guide will analyze the potential future of this popular cryptocurrency—should holders sell DOGE, or will Dogecoin recover?
Dogecoin Price Prediction Summary
Launched in 2013, Dogecoin is currently ranked 8th on CoinMarketCap with a market cap of over $31 billion. The list below briefly summarizes our year-by-year Dogecoin prediction for 2024–2030.
- End of 2024 -As Dogecoin follows the rest of the crypto markets upward, and the project continues to develop its Trailmap, providing more utility, we expect Dogecoin to climb above $0.25 and hit a high of $0.30.
- End of 2025 – Dogecoin developers will complete, of have completed most of the new, utility-focused tech stack by 2025. This will allow merchants to easily integrate DOGE as a payment method into their business. We should also be seeing new all-time highs (ATHs) for cryptos as the impact of the 2024 Bitcoin Halving kicks it. Here we predict that Dogecoin will hit new ATHs in 2025, closing in on $0.80.
- End of 2030 – With Doge and other meme coins having increased their utility prospects and gained widespread adoption, they are no longer simply memes in 2030, but established as acceptable forms of payment. The price of Dogecoin will have stabilized by this point, with a potential high of $1 in 2030.
Dogecoin Price Predictions
Dogecoin Price Prediction for the Next 30 Days
Date | Potential Low | Average Price | Potential High |
---|---|---|---|
May 15, 2024 | $0.153 | $0.156 | $0.158 |
May 16, 2024 | $0.155 | $0.161 | $0.165 |
May 17, 2024 | $0.157 | $0.167 | $0.172 |
May 18, 2024 | $0.159 | $0.172 | $0.180 |
May 19, 2024 | $0.162 | $0.177 | $0.187 |
May 20, 2024 | $0.165 | $0.183 | $0.194 |
May 21, 2024 | $0.166 | $0.188 | $0.202 |
May 22, 2024 | $0.169 | $0.193 | $0.209 |
May 23, 2024 | $0.170 | $0.198 | $0.216 |
May 24, 2024 | $0.172 | $0.204 | $0.223 |
May 25, 2024 | $0.176 | $0.209 | $0.231 |
May 26, 2024 | $0.176 | $0.214 | $0.239 |
May 27, 2024 | $0.177 | $0.220 | $0.246 |
May 28, 2024 | $0.183 | $0.225 | $0.254 |
May 29, 2024 | $0.186 | $0.230 | $0.259 |
May 30, 2024 | $0.187 | $0.236 | $0.269 |
May 31, 2024 | $0.188 | $0.241 | $0.275 |
June 1, 2024 | $0.192 | $0.246 | $0.281 |
June 2, 2024 | $0.195 | $0.251 | $0.291 |
June 3, 2024 | $0.193 | $0.257 | $0.297 |
June 4, 2024 | $0.198 | $0.262 | $0.303 |
June 5, 2024 | $0.201 | $0.267 | $0.313 |
June 6, 2024 | $0.203 | $0.273 | $0.316 |
June 7, 2024 | $0.203 | $0.278 | $0.328 |
June 8, 2024 | $0.206 | $0.283 | $0.335 |
June 9, 2024 | $0.212 | $0.289 | $0.340 |
June 10, 2024 | $0.206 | $0.294 | $0.345 |
June 11, 2024 | $0.209 | $0.299 | $0.353 |
June 12, 2024 | $0.216 | $0.304 | $0.361 |
June 13, 2024 | $0.218 | $0.310 | $0.370 |
Dogecoin Price Prediction for 2024 – 2034
The table below summarizes the potential Dogecoin (DOGE) price prediction from 2024 – 2034. Please bear in mind that while we go into greater extent explaining our DOGE price prediction for year 2024 and 2025, it is much tougher to predict the market further out in the future.
Year | Potential Low (ROI) | Average Price (ROI) | Potential High (ROI) |
---|---|---|---|
2025 | $0.793 (424.44%) | $0.936 (519.59%) | $1.16 (666.83%) |
2026 | $0.844 (458.48%) | $1.12 (643.17%) | $1.54 (920.51%) |
2027 | $0.883 (484.12%) | $1.31 (766.76%) | $1.93 (1,178.48%) |
2028 | $0.955 (532.15%) | $1.50 (890.35%) | $2.35 (1,450.74%) |
2029 | $0.965 (538.20%) | $1.68 (1,013.94%) | $2.82 (1,764.46%) |
2030 | $0.982 (549.85%) | $1.87 (1,137.52%) | $3.10 (1,952.38%) |
2031 | $1.02 (575.50%) | $2.06 (1,261.11%) | $3.56 (2,251.80%) |
2032 | $1.17 (675.76%) | $2.25 (1,384.70%) | $4.06 (2,585.53%) |
2033 | $1.11 (635.17%) | $2.43 (1,508.29%) | $4.44 (2,833.49%) |
2034 | $1.15 (661.75%) | $2.62 (1,631.87%) | $4.78 (3,061.44%) |
Dogecoin Price Prediction 2024
It is worth noting that, while meme coins became less favorable in 2023 due to economic tightening, they didn’t fall entirely out of favor. Indeed, the meme coin PEPE launched and spiked 1000’s of percent in 2023. This was shown even more in early 2024, as meme coins started to post huge gains as Bitcoin hovered around its new all-time high above $70,000.
As Elon Musk, with his known love of Dogecoin, continues building out X (Twitter) and adding features, expect at least some more Musk/X-focused DOGE drama in 2024. This could lead to investors choosing to add Dogecoin to their bag on the back of speculations that it could be integrated into X as a means of payment on the platform.
Looking past the influence of Musk and the rumors of X, we can see that there is a team of developers contributing to the future development of Dogecoin. This development involves the creation of tools that allow businesses to seamlessly integrate the Dogecoin network into the their tech stack, and start offering their customers the ability to pay for goods and services in Dogecoin.
This development process also, eventually, includes to a switch to a proof-of-stake model—a move that is almost certain to be welcomed by the Dogecoin and wider crypto communities.
Finally, in April 2024 we have the Bitcoin Halving event. Traditionally, this does not have an effect on the crypto markets until 12–18 months after it occurs, and, therefore, doesn’t affect our Dogecoin medium-term price prediction. But, with the early 2024 rally giving Bitcoin a new ATH and sending meme coins soaring, this Bitcoin Halving may be the first to break to the mold and we could see token prices impacted in the same year that the Halving happens.
That all being said, without any huge news confirmed by the likes of Musk or someone at the Dogecoin Foundation, it doesn’t seem like DOGE will be breaking any records in 2024. Our Dogecoin 2024 prediction is, however, a positive one, with highs of $0.30 and lows of $0.07. The website DigitalCoinPrice predicts a similar range, with lows of $0.0688 and highs of $0.17.
Dogecoin Price Prediction 2025
A DOGE forecast for the long term means looking past any technicals on the charts and looking for clues in the ongoing development of the Dogecoin project, along with what is happening in the wider world of crypto.
As mentioned, a team of developers is developing the toolkit needed to help Dogecoin evolve from its speculative meme coin model to a coin that has the utility it needs to achieve mass adoption. This involves writing the tools for merchants, games, and other platforms to seamlessly integrate the Dogecoin network and add Dogecoin to their list of accepted currencies—helping to diversify the network’s utility.
This also involves rewriting the Dogecoin protocol in the C language to make it much easier for others to integrate. While this project is not expected to be complete by the end of 2025, its continued development adds another string to the bow of Dogecoin price predictions.
With the effect of the Bitcoin Halving from 2024 expected to be felt in 2025, we can expect more investors to be returning to crypto with the expectation of significant gains, similar to those that came after the last Halving in 2020; and there’s nowhere else where huge gains are expected to happen more than in meme coins.
These points cover many fronts, and, collectively, they offer a picture that bodes very well for Dogecoin in 2025….
Read More:Dogecoin Price Prediction 2024 – 2030