Dogecoin Projected to Hit $1: Is DOGE Bound For All-Time High?

The cryptocurrency marketplace is looking to payment from accrued argumentation shifts successful the United States this year. Yet determination are fewer that could summation arsenic overmuch arsenic Dogecoin (DOGE), with experts projecting the starring meme coin to scope $1, which would correspond a caller all-time precocious for the asset.

The token has go the taxable of caller optimism that the United States could o.k. a caller batch of crypto-based ETFs. That has galore expecting large things for the meme coin that accrued arsenic overmuch arsenic 10% to adjacent retired the week. Now, the question is, conscionable however apt is DOGE to situation its all-time high?

There is nary denying that Dogecoin features immoderate of the astir passionate cryptocurrency investors successful the industry. The starring meme coin has ever sported avid support. Moreover, that assemblage is prepared to backmost the token arsenic it nears its astir important development.

Source: Crypto News Flash

Also Read: Shiba Inu (SHIB) & Dogecoin (DOGE) Price Prediction For February End 2025

Dogecoin Projected to Reach the $1 Mark: Can DOGE Set New High successful 2025?

The US Securities and Exchange Commission (SEC) has recently acknowledged Grayscale’s filing for an ETF centered astir the asset. That is simply a large measurement successful its imaginable approval. That information has led galore to task Dogecoin to scope a $1 mark, but however soon could DOGE reset the all-time precocious mark?

Speculation connected the support saw DOGE leap much than 10.3% connected Friday, reaching $0.28 to adjacent retired the week, according to CoinMarketCap. That had been much of the aforesaid for the asset’s trajectory, arsenic it had accrued 12% the anterior 7 days, reversing a much than 23% driblet implicit the past month.

Source: Barron’s

Also Read: Cryptocurrency: 3 Coins That Elon Musk May Add To X, Fueling A Bull Run

According to Polymarket data, Dogecoin ETF support odds person jumped to 62%. Indeed, that is simply a monolithic summation from conscionable 27% astatine the commencement of the year. With the chances looking much apt than not, it is expected to propel the token’s worth to caller heights.

Dogecoin reached its highest all-time people successful 2021 erstwhile it reached $0.74. According to the cryptocurrency terms prediction level CoinCodex, it should scope that people arsenic aboriginal arsenic February. Indeed, analysts expect it to surge an unprecedented 321% implicit the 2nd fractional of this month. Specifically, connected its mode to reaching a maximum terms of $1.18.

The level projects that to beryllium a 2025 high. Indeed, they enactment the token volition autumn successful worth from that constituent on. However, they forecast DOGE to mean a $0.74 terms successful March, matching its all-time mark. Although optimistic, it reinforces the affirmative sentiment the plus could look if an ETF is approved.