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Launched in 2013, Dogecoin is a P2P, open-source crypto. It was originally created as a sarcastic alternative to traditional crypto giants such as Bitcoin and Ethereum.
Dogecoin is considered to be an altcoin/meme coin with both its name and logo being based on a popular meme (Shiba Inu dog).
Although the coin was designed as a joke, the blockchain it uses has a few benefits. Some of the notable advantages include unlimited supply and an extremely low price.
Ever since it was launched, Dogecoin was considered an interesting "meme coin" that, although popular in the community, had almost no real value.
Things changed in 2021 when this crypto became one of the largest currencies based on market cap (more than $80 billion in total value), with each individual token worth a few pennies.
In this article, we are going to talk about Dogecoin price prediction for 2028 and how to find Dogecoin to make investments.
In case you are short on time and want to buy Dogecoin as soon as possible, we prepared a few quick steps that will help you get there.
Your best option for buying DOGE is through the crypto exchange eToro.
Step 1: Open an Account on eToro – Creating an account on eToro is completely free and it only takes a couple of minutes. Fill in the boxes with your personal information (name, phone number, address) and verify your account through a copy of your passport or driver's license.
Step 2: Deposit Funds – eToro offers a wide variety of payment methods (Credit/Debit card, Bank transfers, PayPal, etc.), choose one and deposit funds into your account.
Step 3: Search for DOGE – Use the search box in 'Trade Markets' to find DOGE.
Step 4: Buy Dogecoin – Once you find the currency, click on the 'Trade' button and type in the amount of DOGE you want to buy. To finalize the purchase, click on 'Open Trade'.
Cryptocurrency markets are highly volatile and your investments are at risk.
The best year for Dogecoin was 2021 when it reached its all-time high of $0.7381 in May. At the beginning of January, it was trading at $0.007 which means that it skyrocketed 12,000% in only a couple of months. Since then, it lost around 70% of its value and at the end of 2021, it was trading at $0.1715.
The main factors that contributed to this enormous growth were tweets from key opinion leaders (KOL) and famous influencers.
For example, Elon Musk and Snoop Dog played a huge part by putting out tweets that impacted the Doge community, saying they would accept this crypto as a form of payment for their products/services.
With institutional adoption and the fact that an increasing number of retailers are starting to accept DOGE as a form of payment, experts believe that the price of Dogecoin will keep on rising in the years to come.
The company Tesla has already started accepting the currency as a payment method and investor Mark Cuban (owner of Dallas Mavericks) accepts Dogecoin for game tickets.
Cryptocurrency markets are highly volatile and your investments are at risk.
Dogecoin is undoubtedly the leading meme coin in the crypto community. With endorsements from influential figures such as Mark Cuban, Snoop Dog, and Elon Musk, the popularity of this crypto has reached new heights in 2021.
The currency is primarily used as a payment alternative that includes very low transaction fees. At the moment, there are around 1900 merchants that accept DOGE as a form of payment. One more unique feature is the tipping service that allows users on Reddit and Twitter to use it for sending quick gifts to other users.
However, despite these uses, there isn't very much utility to Dogecoin. It is expected that the growth of this currency will mostly depend on whether influential figures choose to keep supporting it. Another factor is the Dogecoin community since it has over 4.5 million followers on Twitter and Reddit alone.
What does look promising is that the Dogecoin Foundation has released that they have a plan for 2022 for how to enhance the token's utility. The main goal is to make DOGE beneficial to its users by focusing on payments and making it universal.
Also, the fact that Elon Musk is planning to launch a space mission funded entirely by Dogecoin in the first quarter of 2022 will certainly boost the value in the long-term.
Cryptocurrency markets are highly volatile and your investments are at risk.
To make long-term price predictions about Dogecoin, we need to take basic analysis and experts' opinions into consideration, along with a few different factors.
Firstly, when it comes to industry benefits, there are a few that DOGE can offer. Considering the autonomy of the digital economy, Dogecoin is in a good position. With stable coins and DApps rapidly developing, the Doge network does a good job of providing programmable payment, competitive logistics, and great storage options.
However, what may cause problems to Dogecoin growth are the widespread crypto bans and new restrictions which make it hard to develop accurate forecasts.
Nonetheless, if network developers and community investors continue to support this crypto, the value is bound to increase. Some experts predict that the price of DOGE for 2025 would be somewhere around $0.56 to $0.58.
If this forecast turns out to be true, then the average price of Dogecoin in 2028 would most likely be somewhere around $1.79, with the potential to reach $2.13.
The Dogecoin price prediction for 2028 mostly depends on the level of cooperation with financial institutions.
In the best-case scenario, Dogecoin developers will come up with new ways to utilize the coin and follow the requirements of financial institutions. With this and the continuous support of influential figures, we may witness another bullish trend in 2028 with Dogecoin going over $2.
Cryptocurrency markets are highly volatile and your investments are at risk.
With the incredible increase in popularity, Dogecoin isn't as hard to find as it used to be.
To invest in Dogecoin, you should open an account on a crypto exchange platform that supports buying/selling DOGE.
All of these platforms are fairly simple to navigate through and it shouldn't take longer than a few minutes to purchase your desired amount of Dogecoin. For more detailed information, read this amazing guide on how to buy dogecoin 2022.
However, you should keep in mind that even though Dogecoin is immensely popular in the community, not all crypto exchanges include it. Before you opt for using any alternative exchanges, make sure they have Dogecoin available for purchase.
Cryptocurrency markets are highly volatile and your investments are at risk.
Dogecoin is still a wonderful coin to invest in if you want to make money in the future. Because it is a meme currency, the asset is prone to large price movements. It's also an appealing alternative due to its inexpensive price. The asset has some promise, as evidenced by our Dogecoin projection.
However, if you want to buy the greatest coin right now, we propose Lucky Block.
LBLOCK is the governance token for Lucky Block, a blockchain gaming platform that aims to disrupt the industry. Lucky Block promotes fairness and transparency in the gaming industry by utilizing blockchain technology.
Surprisingly, the site is creating a lot of excitement among participants. Players may use LBLOCK to access all of Lucky Block's games. This means that the asset will take the place of regular game tickets. You may also speculate on how much it will cost.
Lucky Block debuted LBLOCK in January, and the coin is currently accessible on PancakeSwap, a leading decentralized exchange. The currency began trading at $0.0020 and has subsequently grown to an all-time high of $0.0092.
Cryptocurrency markets are extremely volatile, putting your money in danger.
Investors who purchased up to $10,000 worth of LBLOCK during the asset's presale will be ecstatic right now since their holdings have risen by more than tenfold. As a result, many experts consider it to be the best cryptocurrency to buy in 2022. It has even made history as the cryptocurrency with the quickest rise to a $1 billion cap.
It doesn't end there. The Lucky Block app will be available in March, and LBLOCK will be listed on major cryptocurrency exchanges such as FTX and Binance. When this occurs, you can be certain that the asset's value will skyrocket even further.
You can purchase LBLOCK by checking out the Lucky Block site.
However, if you'd like to buy the coin from PancakeSwap, follow these steps:
Head over to the official website of PancakeSwap by clicking this link.
PancakeSwap allows you to connect your self-custodial wallet to purchase tokens. The platform supports wallets like MetaMask, Trust Wallet, BSC Wallet, and more.
PancakeSwap is based on the Binance Smart Chain. So, to purchase LBLOCK, you will first need to buy Binance Coin (BNB).
Buy the asset and transfer it to your wallet. Already have BNB? You can go ahead and make a purchase for LBLOCK.
Head to your wallet and click on "Trade," then click on "Exchange." Choose BNB in the "From" section.
Select LBLOCK in the "To" section. Enter how much you'd like to buy and proceed to make your purchase. Within minutes, your LBLOCK tokens will be deposited into your wallet.
Cryptocurrency markets are highly volatile and your investments are at risk.
LBLOCK has become one of the hottest properties on the crypto market. The asset is still in its infancy, but it's already a hot-ticket commodity.
While Safemoon also offers massive value to investors, we recommend buying LBLOCK as well for massive gains.
Cryptocurrency markets are highly volatile and your investments are at risk.
