Dogecoin price prediction – can Elon Musk & Twitter pump doge to $1? 7 other coins that could hit $1
In the past few days, many excellent crypto ecosystem developments occurred, from the UK approving cryptocurrencies to Elon Musk moving forward with his purchase of Twitter. So naturally, all those elements raised the price of cryptocurrencies. One of the top performers was Dogecoin, whose acceptance could rise now that Twitter has a new board of directors. But will Dogecoin pump to $1? This article will examine Dogecoin’s potential to reach $1. Also, we will look at 7 other coins that could hit $1 which include TAMA, RIA, IMPT, D2T and others.
Dogecoin to hit $1? – DOGE Price Prediction
Dogecoin, introduced in 2013, was the first meme coin to be designed as a decentralized payment system. For a very long period, DOGE maintained a low profile before the idea caught the attention of cryptocurrency investors during the price increase of 2020. Later, famous people began frequently tweeting about Dogecoin, such as Mark Cuban and Tesla CEO Elon Musk, which caused the coin’s price to soar.
Dogecoin increased to $0.75 just before Musk appeared on live TV. He publicly expressed his support for DOGE. However, many speculators reaped the rewards of the rising prices. After that, however, DOGE crashed as a result of extensive short-selling. The years that followed were not favorable for the meme coin, as the market has been in free fall since Q4 2021. But now, the crypto industry is showing a lot of promise.
Musk’s purchase of Twitter had a favorable effect on DOGE values, which rose by more than 75% over the previous week to reach their present level of $0.1044. However, the entire cryptocurrency market needs to resume its upward trajectory for Dogecoin to reach $1. In the table below, we can see the future price prediction of DOGE.
|
Year |
Minimum Price |
Maximum Price |
|
2022 |
$0.087 |
$0.225 |
|
2023 |
$0.275 |
$0.350 |
|
2024 |
$0.425 |
$0.700 |
Prices are likely to reach less than $1 this year; instead, they are predicted to do so sometime in the first quarter of 2025 or even 2026.
7 other coins that could hit $1 – Alternatives to DOGE
Holders of Dogecoin will have to wait a very long time for the coin to reach its previous highs. Due to this, many investors have started focusing on smaller cryptocurrencies that have recently outperformed the market, with presale tokens proving to be especially profitable.
Below are alternative investment assets that would reach the $1 mark before Dogecoin.
Dash 2 Trade (D2T)
When considering the best cryptocurrencies with a possibility of reaching $1, Dash 2 Trade is the best project we identified. The presale has already raised more than $2 million in just a few days since going live.
Dash 2 Trade is a social trading and crypto analytics platform that provides a range of trading tools & services using D2T, the project’s native token. However, D2T is currently available for only $0.05. This is because a wildly successful presale campaign is presently being used to provide D2T tokens.
According to the whitepaper for Dash 2 Trade, the platform would provide listing alerts and review individual presale offerings for investors to invest in. In addition, D2T coins have a real-world application; thus, there is a good probability that this project offers the ideal crypto to reach $1.
IMPT
This digital asset very recently began its presale in October and is poised to remain at the top for the remainder of the year. As a result, new investors will only be required to pay $0.018 for each IMPT token. However, keep in mind that the IMPT rises to $0.023 per token once the initial supply of presale tokens has been purchased.
Unlike other emerging cryptocurrencies, IMPT is a solution to the climate problem rather than a currency that needs to establish its legitimacy. Instead, the initiative creates an ecosystem to integrate blockchain technology into the rapidly expanding carbon credit market. By making purchases, users of this cryptocurrency initiative can accrue IMPT tokens. As a result, carbon credits may be used to finance environmentally friendly initiatives.
IMPT will be listed on centralized exchanges after the presale is over. IMPT tokens are quite valuable. They can be returned in exchange for a special NFT. This is the best time to invest in IMPT, as it has the potential to hit $1.
Calvaria (RIA)
Calvaria is the next in our review of cryptocurrencies with the chance of hitting $1. Investors can be part of this interesting P2E gaming platform by acquiring the token at a presale price of $0.01. Similar to the IMPT presale, the cost of the token, RAI, rises when more batches are sold. Therefore, an early investor’s best price is $0.01 per token.
RIA, an ERC-20 token, is the Calvaria ecosystem’s in-game currency. It purchases and sells NFTs and in-game assets through an active marketplace. Users can also acquire RAI, the in-game cryptocurrency, by participating in the Calvaria game.
The actual game is based on a fantasy card game of war. Players will be able to engage in combat using their NFT-backed cards. Since certain battle cards are better and more uncommon than others, they stand a better chance of winning against other players. Battle cards can also be directly sold to other players on the Calvaria platform.
Tamadoge (TAMA)
Since its Initial Exchange Offering (IEO) on OKX, Tamadoge has been surging, and its presale sales have increased by over 1000%. The gateway token of the Tamadoge ecosystem is accessible via the TAMA token. The primary features of the Tamadoge ecosystem are the metaverse (Tamaverse), tokens, and games.
This cryptocurrency project is a P2E game network that enables players to breed and compete against other Tamadoge pets in the Tamaverse. TAMA made almost $19 million in 8 weeks in its just-finished presale. However, investors can still join the project by purchasing the token, which is less than $1.
According to research, TAMA is one of the best-performing cryptocurrencies of the year. This is extraordinary, given that Tamadoge only recently finished its pre order campaign, and 2022 has been a year of the bears.
Decentraland (MANA)
Decentraland may be of interest to anyone wishing to make investments in the metaverse concept’s future. Leading metaverse project Decentraland allows users to interact with their digital avatars while exploring virtual worlds. MANA, the project’s native digital asset, is used for transactions. One way to invest in Decentraland is by purchasing MANA tokens.
Virtual real estate and land plots are in-game assets that MANA must use to buy, sell, and trade. Between 2020 and 2021, MANA enjoyed 18 months of tremendous success before experiencing a roughly 90% decline. As a result, MANA might be undervalued and is one of the best cryptocurrencies to buy right now for less than $1.
Cardano (ADA)
One of the energy-efficient cryptocurrencies in this crypto industry is Cardano. Cardano’s status as a proof-of-stake coin explains this. In addition, Cardano is also regarded as one of the top cryptocurrency staking systems. ADA, the platform’s native token, allows holders to directly stake their tokens on the Cardano network to make passive income.
Cardano’s performance-related pricing during the most recent bull market was $3.10. This indicates that, as of this writing, investors may purchase this popular cryptocurrency at a discount of almost 90%. With its potential, ADA could hit $1 by the next bull run.
Shiba Inu (SHIB)
Like Dogecoin, Shiba Inu is a meme coin. Shiba Inu is among the top cryptocurrencies under $1 for individuals looking to purchase a meme coin. A group of unknown developers introduced Shiba Inu in the middle of 2020 as a large-cap cryptocurrency project with a multi-billion dollar valuation. In just 18 months, Shiba Inu went from unheard of to ranking among the top 15 coins by market capitalization.
Shiba Inu was initially developed as a meme coin with little real-world application. The project has since grown to include the metaverse. Shiba Inu has a massive circulating supply of over 589 trillion tokens, making it a very affordable cryptocurrency to purchase.
Conclusion
Many Dogecoin investors looking for a cryptocurrency that will hit $1 soon. They can turn to other projects like Dash 2 Trade, Calvaria, Tamadoge, and IMPT. These coins are fundamentally strong enough to maintain the upward trend seen in presales this year.
