Can Dogecoin Reach $5 by 2030?

Dogecoin – the “people’s memecoin” – still faces countless challenges on its journey to the top.

Can Dogecoin Reach $5 By 2030

On the weekly chart, DOGE once showed a clear bullish structure when it attempted to break through resistance around $0.25 in mid-July. However, the bulls were quickly pushed back. Since then, Dogecoin has struggled to build another strong move, even though the $0.20 support level has held firm. The downside is that trading volume has been far from impressive.

A positive sign comes from whales quietly accumulating during price dips, showing strong long-term conviction. Still, DOGE has fallen behind heavyweights like Bitcoin (BTC) and Binance Coin (BNB), both of which recently set new all-time highs.

On the weekly timeframe, breaking past $0.259 marked a bullish structure shift. The RSI also climbed above the neutral 50 level and has held that ground over the past month – a signal that bulls are regaining control. Meanwhile, OBV has seen a slight uptick, reflecting growing spot buying pressure.

The big question: Can DOGE hit $1 this cycle?

Doge Price Chart
Doge Price Chart

On the monthly chart, Dogecoin revealed a weakness when it failed to defend the $0.35 support zone at the start of 2025. Unless DOGE flips the $0.35–$0.45 region into support soon, its long-term bullish trend will remain shaky – even though its broader structure has been bullish since 2024.

If Dogecoin reaches $1 by 2025, its market cap would climb to roughly $116.4 billion – on par with Binance Coin today. However, it would still be far behind Ethereum (ETH), which currently boasts a market cap of over $517 billion.

The road to $5 by 2030

For Dogecoin to reach the $5 milestone, hype alone won’t be enough. The network must demonstrate real growth through metrics such as active addresses, transaction volumes, developer activity, and steady accumulation by long-term holders and whales.

Corporate adoption – similar to what Ethereum is experiencing – could also play a decisive role. That said, it’s important to acknowledge reality: Dogecoin remains a memecoin, heavily dependent on hype and market sentiment.

Its massive community, decentralized nature, and potential as a digital currency could support further gains in the short term. But in the long run, Dogecoin will remain a high-risk, high-reward bet, even for the most patient investors.

(2 votes)

2.5/5

(2 votes)

Latest

Bitcoin Boom Ahead Institutional And Derivatives Data Reveal

News | Bitcoin | Editor Choice

Bitcoin Boom Ahead? Institutional and Derivatives Data Reveal

Market experts believe that Bitcoin (BTC) is in a phase of accumulation rather than topping, predicting a retest before the next explosive breakout.

Bnb Super Cycle – A Massive Rally Or Binance’s Next Big Bubble

News | Altcoin | Editor Choice

BNB Super Cycle – A Massive Rally or Binance’s Next Big Bubble?

Binance’s BNB token is heating up the crypto market with a series of new record highs, but amid the excitement of the so-called “Super Cycle,” many analysts warn it could just be a bubble waiting to burst.

Bitcoin Cools Off After Record Breaking Rally

News | Bitcoin | Editor Choice

Bitcoin Cools Off After Record-Breaking Rally

After a series of record-breaking gains, Bitcoin suddenly slipped more than 2% on Tuesday afternoon as a wave of profit-taking spread and investor caution returned to the crypto market.

Aster Accused Of Inflating Trading Volume, Token Price Drops 10%

News | Altcoin | Editor Choice

Aster Accused of Inflating Trading Volume, Token Price Drops 10%

The decentralized exchange Aster is facing heated controversy after being accused by DefiLlama of fabricating trading volume, causing the ASTER token to plunge sharply.

Bnb Price Surges Toward $2,000 Amid Altcoin Season Boom

News | Altcoin | Editor Choice

BNB Price Surges Toward $2,000 Amid Altcoin Season Boom

BNB continues to set new records as the altcoin season ignites, with investors eyeing the $2,000 milestone amid a wave of market optimism.

Screenshot 2025 09 10 100533