Featuring the image of an adorable Shiba Inu dog, Dogecoin went viral on social media platforms such as Reddit, gaining extreme popularity instantly.
Dogecoin is the pioneer among all the memecoins active in the market. It is only after the initial success of Dogecoin that other memecoins like Shiba Inu and Monacoin entered the market.
Within a few days of its launch, it rose from $0.00026 to $0.00095 in value, recording a significant hike of around 300%.
In doing so, it quickly established itself as one of the market’s top-10 cryptocurrencies.
Early 2022 was also fairly blissful for Dogecoin, though not as good as the previous year. In early April 2022, its market cap was $19.84 billion.
Dogecoin’s 2025 Predictions
Changelly blogpost mentioned that the maximum and minimum prices of DOGE in 2025 will be $0.28 and $0.23. It predicts a potential ROI of 452% for DOGE in the said year.
Dogecoin’s 2025 Predictions
Furthermore, an Analytics Insight report claimed that with adoption and cryptocurrency regulations set to get better, DOGE’s price could go as high as $0.77 by 2025