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Can Dogecoin Reach $1 by 2030?

TheMotleyFool

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Can Dogecoin Reach $1 by 2030?: https://g.foolcdn.com/editorial/images/769902/point-at-dollar-signs-on-chart.jpg

We've all seen this movie before. The cryptocurrency market, once down and out, is now a favorite among investors. The entire asset class is worth $2.5 trillion today, up roughly 200% from the start of 2023.

Dogecoin (CRYPTO: DOGE), one of the more speculative digital tokens out there, is benefiting tremendously. Its price is up 80% just in the past month.

This dog-inspired meme cryptocurrency has cooled off somewhat, as it sits about 17% below its 2024 high (as of March 21). But that hasn't prevented some of Dogecoin's most bullish supporters from hoping the token can reach $1 during the next several years. Is it possible for this crypto to soar almost 600% between now and the end of 2030?

Source Fool.com

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