Dogecoin Price Prediction: Why $1 May Be Too Conservative As Treasury DOGE Buying Accelerates
After years of waiting, it seems the Dogecoin price prediction of $1 is finally coming into play. Over the past few days, different analysts have begun to point out an impending rally in DOGE.
They believe that the long-anticipated $1 will be sponsored by the growing adoption, renewed institutional interest, and reports of treasury-level accumulation. Some analysts even argue that the $1 Dogecoin price prediction is too conservative, and the rally will continue to rise.
Is this Dogecoin price prediction feasible? Should we expect DOGE to reach $1 or surpass it soon? Let’s find out.
Dogecoin’s Historical Surge and Current Renewed Treasury Accumulation
Dogecoin was launched as a joke; however, DOGE changed the narrative, and it’s currently one of the top 10 cryptocurrencies in the market.
DOGE surged over 1,000% within two months, minting millionaires and positioning DOGE as the face of the meme coin. However, its tide changed, peaking at $0.7 in April 2021, and it has failed to revisit its highs.
Recent on-chain metrics have reported a sudden increase in capital inflows from corporate treasuries and institutional entities into Dogecoin. This sudden inflow seems to be reproducing the early stages of Bitcoin’s corporate adoption, when institutions like Tesla and MicroStrategy began accumulating.
Analysts believe this purchase trend will finally bring the long-forecasted Dogecoin price prediction of $1 to life. And if the treasury buying continues and retail adoption increases, DOGE at $1 is the starting point.
While this Dogecoin price prediction is bullish, smart investors are rather investing in new crypto projects that offer higher potential. A PayFi platform, Remittix (RTX), has continued to emerge as the investors’ choice due to its real-life utility.
Remittix (RTX), The Investors’ Pick For Massive Gains
Remittix is a PayFi project designed for everyday crypto payments. It facilitates fast transactions across 30+ countries and supports over 40 cryptocurrencies across various blockchains.
It focuses on retail and business adoption, with APIs designed to help merchants and freelancers process crypto payments seamlessly.
Remittix highlights:
- The remittix team is now verified by CertiK, the #1 blockchain security firm. RTX is ranked #1 on CertiK for pre-launch Token.
- The liquidity pool and team tokens have been locked for three years to ensure investors’ confidence.
- Beta testing for the Remittix wallet is now live, with community users actively testing it.
- Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers, and remitters.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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