Dogecoin has barely made any gains on the charts as its price has remained flat for over a year. Dogecoin has traded sideways with almost no price gains in the index. The leading meme coin has been one of the best performing assets of 2021, breaking through the 1 cent mark and surging to $0.73. After falling from its high of $0.73 in May 2021, the meme currency has failed to gather strength and reclaim its position.
It has been more than two and a half years since Dogecoin sought to reclaim its all-time highs. Despite multiple attempts, including Tesla CEO Elon Musk’s tweets about Dogecoin, its price has yet to rise. This, in turn, is testing the patience of investors who want to see Dogecoin’s price surge. In this article, we will focus on when Dogecoin might break its all-time high of $0.73.
When will Dogecoin (DOGE) break its high of $0.73?
The machine learning algorithm “Price Prediction” predicts that Dogecoin could break its all-time high of $0.73 sometime in 2029. The forecast estimates that Dogecoin may never reach $1 even by the end of 2030.
“As the year ends, Dogecoin is expected to reach an all-time high of $0.7722 in December 2029. If the required support is obtained, the average price of Dogecoin may be around $0.74,” the AI predicts.
With six years to go from today, it is considered long-term. If investors want Dogecoin to break the $0.73 mark, they will need to wait patiently for another six years. However, the premise is that the prediction of the on-chain indicator company is accurate.
At press time, Dogecoin is trading at $0.14, down nearly 0.5% in 24-hour trading. Dogecoin has also fallen nearly 81% from its all-time high of $0.73 set in May 2021.