Dogecoin at 52-Week High Amid Price Predictions
Dogecoin (DOGE-USD) hit a new 52-week high on Wednesday, causing traders of the meme token to celebrate! Elon Musk, an avid Dogecoin fan, recently revealed plans to collect $1 billion in funding for his X.AI company – which boosted the price of DOGE and generated renewed interest in predicting the crypto price fluctuations. Here are the latest price predictions for the Shiba Inu-themed token.
Dogecoin Price Predictions
According to FX Street, if Dogecoin maintains its bullish trend, the price could prove strong enough to reach $0.10500. On the other hand, WalletInvestor suggests a one-year projection of $0.0222 while CryptoNewZ’s average forecast for the end of 2024 stands at $0.245. As of Wednesday morning, Dogecoin is currently trading for a bit above $0.1000 – a 10.6% increase from yesterday.
Follow this link for more Wednesday stock market news, such as why investors are watching Advanced Micro Devices (NASDAQ: AMD ) stock, Shopify (NYSE: SHOP ) stock and British American Tobacco (NYSE: BTI ) stock.
