Get the Most Popular iTechPost Stories in a Weekly Newsletter. Do not reproduce without permission. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. It is possible. Theres a high probability that Dogecoin will reach $1 per coin. Crypto analyst who nailed ethereum's climb to $3,400 says $10,000 is next. Any transfer over $10,000 will have to be reported to the IRS. WebDo you think it is possible for dogecoin to reach $10,000 (if so how and when)? WebTimes the amount of Dogecoin times 10,000. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. Dogecoins enthusiasts believe that it provides real value to its users, particularly in lower transaction fees. However, its impossible that Dogecoin will ever get to I just say YES. Doge coin will definitely hit $1 someday, and once it hit that it would hit $5 very quickly since cryptocurrency is so volatile. Obviously it would not just go up and up only, it will also show small small crashes while growing to the moon. Follow this article for Dogecoin Live Updates. Monthly NFT sales also average at $900 million in August, according to NonFungible. Please click here to learn how. For more information, please see our On the other hand, investors need to be careful with the a Doge sinceit might drop to $0.22. The crypto market sentiment is bullish right now, and the LEASH token has taken full advantage of it by more than doubling its price from Oct. 4, which was trending around $850. EtherRock 38 purchased for 555 Ether($1,730,961.75)21 mins ago (Aug-26-2021 08:14:19 PM +UTC)Txn: https://t.co/f89o4Rz3k7#EtherRock #EtherRocks pic.twitter.com/1xa8qwXLTg. Therefore, its tough to predict which one will become mainstream cryptocurrency. WebSo in other words to put it simply for DOGE to reach $10k is roughly equivalent to BTC reaching 70 million dollars. So that will initiate it becoming a deflationary asset.". Binance NFT Marketplace has announced the launch of The Sandbox NFT Staking Program, allowing users to stake their $SAND tokens and earn exclusive NFT rewards. From what Ive seen, this seems completely impossible due to many reasons but Id like Ethereum remains the dominant platform for blockchain applications, but the technology is rather new. Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. Earlier we concluded that it will be nearly impossible for Ripple to reach a value of $1,000 per coin in the near future. Will the Doge Killer (LEASH) Reach $10,000? If we sum up all the countries GDP, the total GDP would be $87 trillion., Source: https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Benzinga does not provide investment advice. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum ETH/USD at $10,000 or Dogecoin DOGE/USD at $0.50? This article is intended to be used and must be used for informational purposes only. Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion, Dogecoin May Hit $1, But Its Not a Good Play In the Long Term, UPDATE 1-Florida board to countersue Disney, Stocks mixed as JPMorgan Chase takes over First Republic: Stock market news today, UPDATE 1-GM cuts several hundred full-time contract workers, NIO reports EV deliveries jump more than 30% in April. Ethereum has been doing relatively well in these last couple of weeks, do much so thatbanking executives forecast a "seismic" shifthappening. Therefore, $1 per Dogecoin is not a pipe dream. Social Media Craze of the Shiba Ecosystem, From a narrow-angle, the LEASH token may seem like any other project, as it fell from its. It doesnt matter if you have $500 in savings or $5 million. Today, its market capitalization exceeds $50 billion, which is higher than several big names trading at the stock market. 2023 Reddit, Inc. All rights reserved. : dogecoin. However, $1000 per Dogecoin is unachievable. When the ETH 2.0 upgrade happens, it will attract a lot of crypto projects and users, which will increase the worth of the Ethereum blockchain along with the crypto projects already hosted on the platform. The post Dogecoin May Hit $1, But Its Not a Good Play In the Long Term appeared first on InvestorPlace. His tweets introduced the cryptocurrency to millions of his followers and created a market frenzy. LEASH, on the other hand, has a total supply of just 107,647 tokens, which means that with the rising demand for the Doge Killer token, the price of LEASH can skyrocket much faster than Shiba Inu or any other token that has a huge token supply. Its more than the whole crypto market. Subscribe now to get daily news and market updates right to your inbox, along with our millions of other subscribers (thats right, millions love us!) Reproduction in whole or in part without permission is prohibited. Binance Launches The Sandbox NFT Staking Program. At the time of writing,ETH is valued at $3,254.32, with a 5.4 percent upward trend in the last 24 hours. A major reason is that in the first 24 hours, the Shiboshi NFTs can ONLY be bought with LEASH, which means that the trading volume of the Doge Killer token may experience a big increase along with considerable price appreciation. Our whole economy revolves around traditional money. With LEASH crossing the $2,000 mark in the past 24 hours, theres a high chance that with the launch of the Shiboshi NFTs, the LEASH token could potentially continue this rally further. In order to keep the network secure and operational, theres always an incentive of 5 billion coins per year for miners. The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). Muslim Farooque is a keen investor and an optimist at heart. In a Yahoo! Magnetic Managing Director Megan Kaspar shared the sentiment in her prediction with Ethereum, as reported byYahoo! Heres the basic math (and remember market cap = total number of coins * price per coin). How Has Fiber Technology Contributed To Sustainable Development? If Dogecoin reaches $1 valuation per token, the total market cap of Doge would be $180 billion. Both Shiba Inu (SHIB) and Bone ShibaSwap (BONE) tokens act as a supporting pillar to LEASH, as the huge following of both these tokens especially SHIB helps in stabilizing and often increasing the price of the LEASH token. 2023 iTech Post All rights reserved. WebCan Dogecoin cryptocurrency hit $10? However, not many currencies share the madpower of the. The dominant ranking factor for this crypto asset is Social Following., Our Forecast System predicts that Leash could possibly increase in value in the short term by +6% to $1,520.28 from $1,429.25. https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/. Its nothing more than a speculative play at this point, which offers nothing to the long-term crypto investor. They want a financial system that is independent of any government control. Never going to happen. Join us in showcasing the cryptocurrency revolution, one newsletter at a time. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Reply . Celebrity endorsements have had an incredible impact on the cryptos price. Scan this QR code to download the app now. Privacy Policy. The race is on for it to eclipse the $1 mark, and though its plausible, its clear that the crypto will falter in the long run. WebLEASH Tokenomics Holds a Big Advantage. In the long run, Hayes expects gold to reach $10,000 on the spot, which, he thinks, would make hard money assets, including digital ones, more valuable. Top Stock Picker Reveals His Next Potential 500% Winner. On the other hand, Dogecoin has promisingly low transaction fees. Related Article: Monsta Infinite Earning Potential: Roadmap, $MONI Token Worth, Gameplay and MORE. The much wow innovative crypto-currency. This year in particular in it has surged to new heights following several tweets from billionaire Elon Musk, often referred to as the Dogefather. If Dogecoin is very unlikely to reach 1000, then $10,000 is a pipe dream. Given the market cap requirements for a price of $10000 reaches thousands of trillions, it is quite impossible for Dogecoin to reach $10000 Note: Crowdwisdom360 The system forecasts a +21% move from $1,429.25 to $1,731.51 over the next month, Leash has a price prediction of $2,466.30 in over a years time.. Meme Investing has taken center stage this year, and Dogecoin (CCC:DOGE-USD) has had a major role in this phenomenon. Here are the full results from this weeks survey: Ethereum will reach $10,000 first: 41.3% Cardano will reach $5 first: 23.7% Dogecoin will reach $1 first: 35.2%. She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. I'm a technical author and blockchain enthusiast who has been in love with crypto since 2020. Yes, Dogecoin can reach $10. For more information, please see our Woah, thats WebTheres a high probability that Dogecoin will reach $1 per coin. At this price point the total market cap of DOGE (value of all This article contains links to third-party websites or other content for information purposes only (Third-Party Sites). For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. A market cap of $180 billion is not impossible. It has quite evidently lost its thunder, and though it could possibly reach the $1 mark, its not crypto that you can invest in for the long term. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. An analyst shared that Ethereum is likely to hit $10,000 by the end of the year. Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. Because of its nature, Dogecoin has defied logic, spiking at insane profits and dropping without market warning. Finance report Kaspar said, "Investors are still using crypto as a favorite tool to hedge against inflation. r/dogecoin Can this actually reach $10? However, in the long term, cryptocurrencies such as Dogecoin need to offer real value to their owners if it wishes to sustain its bull run. Do this now. A $1,000 dogecoin purchase on Jan. 1, 2021 at a price of less than a cent per coin would be worth $121,052 at Wednesdays high of 69 cents, a gain of more The market size was valued at $68.9 billion in 2022 and is projected to reach $264.08 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 17.6%