Galaxy Digital’s research arm predicts that popular memecoin Dogecoin 
$0.383646 will reach a significant milestone in 2025. In a post shared on social media platform X, Alex Thorn from Galaxy Research noted that Dogecoin’s value is expected to increase by more than 170% from this year’s rate, achieving its first psychological price point in history.
Dogecoin’s 2025 Price Target
In his latest update, Alex Thorn shared predictions regarding Dogecoin’s performance this year. Although it approached this psychological resistance point during Elon Musk’s appearance on the SNL show, Musk’s cold jokes did not significantly help the price during that time.
“Dogecoin will eventually reach $1, and the oldest memecoin will see a market value of $100 billion.”
Currently trading around $0.37, Dogecoin has shown an 11.7% increase in the last 24 hours. Its market capitalization stands at $55.47 billion, placing it seventh among
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