Can Dogecoin Reach $100 by 2025?

Krutika Adani

Dogecoin has a lot of things going in its favor.

Besides being a favorite of Elon Musk, it also benefits from Bitcoin Halving.

Though Dogecoin might not reach $100 by 2025, it might reach $12 within 2024 as shown by technical charts.

The reason that holds Dogecoin back is the absence of real-life applications for which the crypto could be used.

Another limiting factor is the volatility in meme coin markets, which kills bullish rallies after a short run.