Dogecoin (DOGE) Price Prediction 2025-2030: Musk or not, there may be trouble for DOGE

ambcrypto.com:

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.

The price of Dogecoin (DOGE), at press time, was down another 1.7% over the last 24 hours. In fact, DOGE has also fallen by almost 10% on the weekly front, dropping to a two-month low of $0.073. The world’s largest memecoin last traded around these levels on 8 January amid the resurgent crypto-market, one which eventually took DOGE to $0.098 towards the beginning of February. 

This time, however, DOGE will have to rely on more organic developments and not tweets from Tesla and Twitter’s boss. Consider this – Of late, Elon Musk has not been tweeting about crypto. Instead, he has been saying that he is now turning his attention to artificial intelligence.

Read Price Prediction for Dogecoin [DOGE] for 2023-24

In fact, for the greater part of 2022, DOGE/USD performed poorly except for when Elon Musk acquired Twitter. The acquisition raised hopes in the Dogecoin community about increased cryptocurrency usage.

Being Elon Musk’s favorite memecoin at one point, it was counted among the most popular cryptocurrencies. However, the FTX saga was particularly bad for DOGE, as its price had reached around $0.15, the highest since the first crypto crash in May 2022 following the Terra stablecoin debacle.

Since its launch in around 2010, the cryptocurrency industry has come a long way. The vision of the cryptocurrency industry was an on-chain financial order that would not invite governmental intervention. Needless to say, such a grand plan elicited suspicion and even invited smirks. 

Billy Markus and Jackson Palmer, a pair of software engineers, had been observing