Dogecoin (DOGE) has been one of the most popular cryptocurrencies in recent years, thanks in part to its meme status and Elon Musk’s support. However, the coin has also been volatile, and its price has fluctuated wildly.
So, what will the DOGE price be in the next crypto bull market? Given the hype around artificial intelligence (AI), revived by OpenAI launching its text-based tool ChatGPT, Finbold turned to Google Bard to predict the price of Dogecoin in the the next crypto bull market.
Interestingly, Bard noted there are a few factors that could influence the price of DOGE in the next bull market. One is the adoption of meme coin by businesses and retailers. If more businesses start accepting DOGE as payment, this could drive up demand for the coin and increase its price.
Another factor is the development of new Dogecoin-related projects. If there are new and innovative projects built on top of DOGE, Bard suggests this could also increase its value. “Based on these factors, some experts believe that DOGE could reach $0.10 or even $0.20 in the next bull market.”
Expert price predictions for end of 2023 and 2025
In the imminent surge of the cryptocurrency sphere, a meticulous analysis encompassing a consortium of authoritative outlets has been undertaken to ascertain the potential trajectory of DOGE prices during the forthcoming crypto bull market. Forecasts for this digital asset, extending towards both the concluding chapters of 2023 and the expansive vistas of 2025, have been meticulously compiled.
Amid this panorama of predictions, WalletInvestor emerges as a harbinger of bullish sentiment, proffering a prognostication that resonates with optimism. Their estimations posit an ascent, envisaging DOGE to attain $0.10 as the curtains close on 2023. Looking ahead to the horizon of 2025, WalletInvestor’s projection traverses further heights, envisioning a pinnacle at $0.25.
Yet, as is customary in the realm of financial prognostications, diversity in forecasts is the hallmark. TradingBeasts emerges as a distinct voice. With a measured outlook, TradingBeasts predicts a culmination at $0.07 by the twilight of 2023, and a subsequent appreciation to $0.12 at the conclusion of 2025.
Finally, as things stand Dogecoin is trading at $0.06248, down 0.28% in the last 24 hours and down over 15% in the last week, according to Finbold market data at the time of publication.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.