Dogecoin (DOGE) Price Prediction 2025-2030: DOGE sees 6% rise, extreme fear, and more
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject.
A few events over the last week helped Dogecoin (DOGE) rally, surging by 6% in value.
Two days ago, the UK branch of global fast-food chain Burger King unexpectedly responded to a post about cryptocurrency payments at Burger King, “We need doge.”
<p lang=«en» dir=«ltr» xml:lang=«en»>we need doge— Burger King (@BurgerKingUK) March 28, 2023
Soon after, Asian stocks rallied after China’s central bank committed to providing more financial assistance to companies, triggering a massive bull wave in all risk assets. The Chinese central bank is once again opening its wallet in order to provide financial assistance to businesses.
Last week, tech billionaire Elon Musk mentioned a “fee for visiting Twitter headquarters,” which should be paid in DOGE, in a tweet . The Twitter boss was responding to user DogeDesigner (@cb_doge), who wanted to visit the head office of this social media platform.
At the same time, the price of the largest meme token by market cap began rising, possibly as a result of Elon Musk giving it a mention. After this tweet, DOGE’s price rose over 4% to reach $0.0785. At the time of this writing, Dogecoin has dropped slightly, trading at $0.0769.
The crypto industry witnessed around $307 million in liquidations on 9 March within a day of the collapse of the crypto-friendly bank Silvergate Capital (SI). Dogecoin was among the coins, leading the price decline as it fell from $0.0715 to $0.0632. But its performance has recovered with time.
Previously, the whole FTX debacle had also been particularly bad for DOGE, as its price had reached
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