Moreover, widespread adoption remains a concern. When Macro Guru Raoul Pal Said Ethereum Would Reach $10k However, Dogecoin will never reach $1000 per coin. This week, we posed the following question to over 1,000 Benzinga visitors on cryptocurrency trading and investing: Which will happen first, Ethereum ETH/USD at $10,000 or Dogecoin DOGE/USD at $0.50? To reach the cheery $100 price, the network would need to attract investments worth at least $10 Trillion which is more than 5X the entire crypto industry market capitalization today. From our experience with Bitcoin and Ethereum, we expect that Dogecoin will reach $1 because it has far more potential than Bitcoin. | by randerson112358 | DataDrivenInvestor Write Sign up 500 Apologies, but something went wrong on our end. ETH continues to process a high volume of transactions, it remains the leader in the dApp and decentralized finance (DeFi) space and seems poised to improve its scalability. Monthly NFT sales also average at $900 million in August, according to NonFungible. She accurately predicted ETH's price spike to $3,000 when it was still trading at $1,000 in January. Towards the end of the year, beginning of next year, we'll have about a million worth of ethereum coming out of supply. Ethereum remains the dominant platform for blockchain applications, but the technology is rather new. Financewarned dangerous trading levels if the coin dropped below the $0.27 trade marker, where the coin could dip at the $0.22 price levels. Could dogecoin increase to $10,000+ like bitcoin? And Dogecoin With the king of cryptocurrencies trying to reclaim its former glory, all digital currencies including Shiba Inu and LEASH have shown massive gains in their overall price in the past few days. At the time of writing,Dogecoin is at $0.29 trading values, with a 9.2 upward trend in the last 24 hours. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. The LEASH token holds the same animosity towards any other dog-meme token (especially DOGE) and plans to kill it forever (pun-intended). This survey was conducted by Benzinga in July2022 and included the responses of a diverse population of adults 18 or older. Finance. Not only that, the much-anticipated upgrade will also lower gas fees, improve transaction speeds, resolve environmental concerns, and increase the overall value of the Ethereum blockchain. This week alone, a cartoon image ofa rock sold for 555 ETH, more than $1.7 million equivalent. With LEASH crossing the $2,000 mark in the past 24 hours, theres a high chance that with the launch of the Shiboshi NFTs, the LEASH token could potentially continue this rally further. WebRight now we are early, because price action is being driven by retail investors who like the charts and fundamentals. Therefore, he knows what he is talking about. It doesnt matter if you have $500 in savings or $5 million. It would be nearly impossible for Dogecoin to reach $100, because there isnt quite enough money in the whole world. More predictions for Ethereum and Dogecoin are coming in, but not everything is good news. Can Dogecoin Reach $1000? ProVsCons Theres a high probability that Dogecoin will reach $1 per coin. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising.