Can This Popular Altcoin Hit a Price of $1 by 2027? The Answer Will Blow Your Mind
The odds of Dogecoin hitting a price of $1 are lower than you might think.
Overview
Dogecoin (CRYPTO: DOGE) is currently down 27% for the year and trading for around $0.08. But that hasn't stopped some crypto investors from dreaming big about a return to form for the world's most popular meme coin.
In fact, some investors think Dogecoin could break through the $1 mark next year. But just what would need to happen for that to occur?
Details
First, the bad news. In more than a decade of trading, Dogecoin has never broken through the $1 mark. Never. In fact, Dogecoin's all-time high is just $0.74, and that was back in May 2021, during the very peak of the speculative meme coin mania.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.