When the price of dogecoins may reach $1

Currently trading less than $0.2, the Dogecoin price still needs more than 500% increase to meet the $1 aim. Since crypto traders and experts predict the market to continue a similar trajectory to the 2020-2021 bull market, often the predictions for when the meme coin would achieve the price has been 2025. That has not been the case, however, since this cycle seems to have strayed from the past and disregarded the chronology.

This is why Grok AI's timetable has been somewhat different from what is already on the market. The AI projects that in 2025 the value of the Dogecoin will not exceed $1. Instead, another year would pass before the price could finish the 500–600% increase needed to reach this goal. Grok AI thus predicts that the price of the Dogecoin will probably reach $1 in 2026.

Regarding what can cause this rise, the artificial intelligence notes that shopping frenzy and viral events have coincided with the largest surges in Dogecoin. It started in 2021 thanks to billionaire Elon Musk, who on the X (previously Twitter) network continuously discussed the meme currency to his over 100 million followers.

Therefore, it would probably take another shopping frenzy driven by a significant event to set the type of increase needed for the Dogecoin price to hit $1. This is much awaited as some have hypothesised that the approval of a Dogecoin ETF would be the catalyst.

Among the few crypto experts who have foreseen the Dogecoin price hitting $1 is Lord of Alts. The meme currency would first take back $0.5 initially, the analyst notes, and once this occurs, $1 would become the next goal.

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