Dogecoin is on the brink of deleting a ‘zero’ as it’s currently trading at the $0.096 mark. Another leg up could take DOGE’s price to reach $0.1 and get back on track to its previous glory years. Top cryptocurrencies are moving in tandem with Bitcoin’s rise above $42,000 making leading altcoins to reach new monthly highs. Dogecoin had reached an all-time high of $0.73 in May 2021 as Tesla CEO Elon Musk repeatedly spoke about the memecoin.
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However, DOGE dipped in price after hitting its ATH of $0.73 never to recover again. The leading meme currency is on a downward spiral for two consecutive years showing no signs of a recovery. In this article, we will highlight when Dogecoin could breach its ATH of $0.73 and reach a new high.
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Dogecoin: DOGE To Breach Its All-Time High in 2029?
‘Price Predictions‘, a machine-learning algorithm, has forecasted that Dogecoin could breach its all-time high of $0.73 only in 2029.
The AI has predicted that Dogecoin’s price could climb above its May 2021 ATH, and reach $0.77 in December 2029.
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“As the year ends, Dogecoin is expected to reach a new all-time high of $0.7722 in December 2029. The average price of DOGE could be around $0.74, providing it receives the support it needs,” predicted the AI.
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However, the forecast indicates that DOGE will not reach $1 by the end of this decade in 2030. The meme currency could be trading in Cents for the next seven years and not trade in single digits. The maximum DOGE could be by the end of 2030 is $0.83, according to the price prediction.
At press time, Dogecoin was trading at $0.096 and is down nearly 0.1% in the 24-hour day trade. DOGE is also down close to 87% from its all-time high of $0.73, which it reached in May 2021.
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