Will Dogecoin ever reach $1? The universe of cryptocurrencies is vast and there are different types of cryptos. This is the case of meme coins which are cryptos created by taking inspiration from memes. It goes without saying that their value is strongly impacted by the popularity of the memes with which they are associated.
Since last year, several memes such as Dogecoin or Shiba Inu have greatly interested players in the crypto community. This did not leave SpaceX CEO Elon Musk unmoved, who actively supports Dogecoin. Will these meme coins reach record values in the coming months? Will Dogecoin reach the $1 mark?
Dogecoin
With a market capitalization of over billions of dollars, Dogecoin remains a competitive coin meme. Over the last twelve months, its highest value was 0.2894 euros. Since the beginning of December 2021, Dogecoin has been in the red. Its value has not exceeded 0.17 euros since then and the crypto crisis of a few weeks ago did not help matters.
The Dogecoin is worth at the date of writing this post 0.0690 euro. Although optimism is in order with the support of Elon Musk, analysts do not give a lot of skin to Dogecoin. Most predictions indeed place Dogecoin below $1 at the end of 2022.
A cross-analysis of the different Dogecoin price predictions leads to the conclusion that it is from the end of 2023 and the beginning of 2024 that the growth of Dogecoin will be truly dazzling.
However, it should be noted that these same predictions give Dogecoin a value between 0.08 and 0.09 euros.
Tamadoge
Based on a play-to-earn system, Tamadoge is still in the presale phase. It can be purchased for another month, after which it will increase in value by 25%. Tamadoge 's TAMA token has been able to raise more than 50,000 euros so far.
The value of the TAMA during the pre-sale phase is $0.01. However, based on predictions, it could explode and overtake the best memes currently on the Market.
No estimate is also available, but the various features presented by Tamadoge have something to reassure the community. Some, therefore, venture to provide an x1000 increase for Tamadoge.
Shiba Inu
It ranks in the top 10 most popular meme corners. Shiba Inu is one of the top performing coin memes with a capitalization of over 6 billion. Over the last 12 months, the SHIB has remained on the rise even if it has not yet reached its record value again.
It was at the end of October 2021 when the SHIB experienced a spike in its value growth to reach 0.00006899. Its current value is 0.00001178 euro.
Despite these setbacks, the Shiba Inu token retains the trust of the community. The forecast for the end of the year 2022 gives 1 SHIB at an average value of 0.000014. In view of the various predictions made by analysts in the crypto sector, the SHIB is not close to reaching the €1 mark.
MonaCoin
Launched in 2014, MonaCoin (MONA) is one of the oldest coin memes. It has a market capitalization of more than 35 million euros. Since its creation, this coin meme has never been below the threshold value of 0.07 euros. It peaked in 2017 and towards the end of the year (December) it was worth over €12.
Despite this over the last 12 months, the MONA has been falling since the beginning of 2022 and is currently worth 0.05479 euros.
Predictions for the evolution of MONA are rather optimistic. The estimates made predict an average value of 0.77 euros at the end of 2022. From 2023 the MONA could pass the symbolic bar of 1 MONA for 1 euro.
Akita Inu
Similar to Shiba Inu, Akita Inu is a wedge meme that launched in 2021. Since that time it has had several growth spurts. Its highest value since its creation is 0.00001319 euro. Over the last 12 months, the AKITA token has been falling since the end of 2021.
Currently, it has a value of 0.0000002083 euro which is far from its record value obtained in May 2021.
Price predictions for Akita Inu give it an average value of 0.00000037 Euro at the end of 2022.
Apart from these coin memes, there are others like SafeMoon Inu, Samoyed Coin, or even Dogedash. The price predictions relating to meme coins are estimates.
They can be confirmed or invalidated. It should be remembered that meme coins are extremely volatile. As a result, they can fluctuate rapidly either up or down.
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