Expert Opinion: Can DOGE ( rise to 1 dollar in the next ten years?

Despite the high popularity of artificial intelligence in the current economy, cryptocurrency is undoubtedly one of the most significant market phenomena in recent years. Dogecoin (DOGE), as one of the most popular DOGE-themed crypto assets, has become the focus of investors as to whether it could rise to 1 dollar in the next decade. However, experts warn that behind this seemingly reasonable goal lie structural issues and uncertainties.

The rise seems reasonable, but don't expect a miracle to happen again Since its inception in 2013 as a "Bitcoin joke", Dogecoin's price trends have been extremely volatile. Although the current price is $0.24, it has still fallen 67% from the peak in 2021, but it once surged over 143,300% in the past decade. However, such miraculous growth is nearly impossible to replicate.

To rise to 1 dollar within 10 years means an increase of about 4 times. This is not uncommon in traditional stock markets or the crypto assets field; theoretically feasible, but it needs to face greater real-world tests.

Lack of basic value support, driven purely by speculation A deep exploration of the actual uses of DOGE reveals a severe lack of value support. Its original intention was to be light-hearted and humorous, without setting practical goals. The founders, Jackson Palmer and Billy Markus, have long exited the community, and today the project doesn't even rank in the top 100 on the developer activity leaderboard.

This means that Dogecoin has almost no real-world use cases, and its price relies more on speculation cycles. For example, a tweet from Elon Musk or a government agency named with a pun on 'DOGE' can trigger a short-term surge, but once the hype passes, it quickly falls back.

The lack of continuous technological development and functional updates makes it difficult to attract long-term investors or actual adopters.

Bitcoin is still the better choice In contrast, Bitcoin has stronger fundamental support. Over the past three years, its rise has reached 460%, far exceeding the 232% of DOGE. This gap also reflects the market's waning interest in DOGE.

Bitcoin has scarcity, with a total supply capped at 21 million coins, while DOGE has no limit, with 10,000 new coins added every minute and about 5 billion new coins added each year. Such a token inflation structure severely undermines long-term value support.

Therefore, although DOGE theoretically has the potential to reach 1 dollar before 2035, considering issues such as the lack of substantial value and functionality, and unlimited supply expansion, investors are explicitly advised to "stay away".

Conclusion: The speculative nature of Dogecoin far exceeds its actual value. Although it may rise again in the short term due to emotional drivers, the long-term risks far outweigh the opportunities. For users who genuinely wish to participate in Crypto Assets investment, it is clearly wiser to seek projects that possess scarcity and practicality.