Galaxy Digital Reveals Bold Dogecoin Price Prediction For 2025
The post Galaxy Digital Reveals Bold Dogecoin Price Prediction For 2025 appeared on BitcoinEthereumNews.com.
Every year-end, some of the top crypto analysts and crypto firms reflect on the industry’s performance, and look forward to the next year. Traditionally, the top digital assets, like Dogecoin, are subject to market analysis and price predictions for next year. Related Reading Galaxy Digital, a leading blockchain company, has joined the conversations and offers its price prediction for Dogecoin, the market’s leading meme coin. According to the Galaxy Digital team, Dogecoin will finally breach $1 this year and top a $100 billion market cap. In its Crypto Predictions Report, the team expects that Dogecoin’s potential performance and market cap may be affected by the new Department of Government Efficiency (D.O.G.E.) operations, which they expect to call for cuts, impacting Dogecoin’s market capitalization. Dogecoin On Track To Hit $1 Soon? As part of this year’s wrap-up, Galaxy Digital has published its predictions for top digital assets and the industry in general. In a report published on its official website on December 31st, the company offers its team’s take on Bitcoin, Ethereum, stablecoins, and meme coins like Dogecoin. According to an opinion by Alex Thorn of the Galaxy Digital team, they see the world’s top meme coin finally hitting the $1 mark and its market cap finally reaching $100 billion. The target of $100 billion as a market cap is surprising since no other meme coins have achieved this feat. In 2021, Dogecoin surged in price and, for a moment, hit $98.7 billion, but its price immediately retreated. DOGE market cap currently at $57.6 billion. Chart: TradingView.com What To Expect From Dogecoin, According To Galaxy Digital If Dogecoin’s market cap finally reaches the $100 billion valuation, the token’s price will have hit $0.678, still below its all-time high of $0.739. If Dogecoin’s price surges to $0.678 to finally hit the $100…
Filed under: News - @ January 5, 2025 7:02 am