Dogecoin has received a bullish price prediction for 2025, giving a sliver of hope to anyone hodling DOGE in the late 2022 bear market.A panel of 54 crypto experts gave a Dogecoin price prediction of $0.19 by 2025 on finder.com.This is a 217% price increase from the current Dogecoin price of $0.06.Here’s how that could change your current portfolio:
- An investment of $1,000 in Dogecoin today could turn into $3,167 by 2025
- An investment of $5,000 in Dogecoin today could turn into $15,833 by 2025
- An investment of $25,000 in Dogecoin today could turn into $79,167 by 2025
But not all the 54 fintech experts were convinced. While the panel gave a bullish price prediction, a massive 71% of them urged investors to sell their Dogecoin while they still can.One of the major issues is inflation.Let’s look at why a hyper-deflationary token like EverGrow could be a better investment than an inflationary token like Dogecoin today.
5 Billion Dogecoin enter circulation each year
Many investors forget that Dogecoin is inflationary. Some 5 billion DOGE tokens enter circulation each year.It means that while a Dogecoin price of $0.19 would require a market cap of $25.2 billion, by 2025 the market cap will need to be $28 billion.The Dogecoin market cap is just $8 billion at present. It’s a long way to go for Dogecoin to hit its bullish price prediction and not all the finder.com experts were convinced.
Here’s what Kevin He, COO at CloudTech Group, had to say:
“The birth of Dogecoin was originally a joke. The sudden surge in value was entirely due to the early Dogecoin not having its own wallet and the collapse of a large number of early exchanges supporting Dogecoin trading at the time leading to a reduction in circulation and the promotion of Elon Musk on Twitter. We believe that cryptocurrencies like Dogecoin, which are completely useless and the value is purely supported by the community, will not gain value in the future.”
25 trillion EverGrow removed from circulation each year
At the other end of crypto tokenomics is EverGrow.EverGrow is a hyper-deflationary token currently reducing its supply by 25 trillion each year. This means the EverGrow price can grow higher and higher every time there are positive buys on the charts.This is why EverGrow received a bullish price prediction of $0.00000168 by 2025.That would mean a 1,020% price increase from the current EverGrow price of $0.00000015.Here’s how that could change your current portfolio:
- An investment of $1,000 in EverGrow today could turn into $11,200 by 2025
- An investment of $5,000 in EverGrow today could turn into $56,000 by 2025
- An investment of $25,000 in EverGrow today could turn into $280,000 by 2025
Furthermore, EverGrow is a token which has fundamental value and an ecosystem to boot. EverGrow is also a reflection token with more than $38 million BUSD rewarded to investors in its first year of launch.The EverGrow ecosystem includes an NFT marketplace (LunaSky), a content subscription app (Crator) and a VR metaverse gaming arcade (The Abstract). The revenue generated from each is 100% pumped back into buying EverGrow and burning it from supply.The attraction of EverGrow is the potential for prices to rise consistently and automatically, meaning your portfolio could rise even in a wider bear market.The bullish price prediction, deflationary tokenomics and strong ecosystem make EverGrow a strong contender to break out in price higher than Dogecoin and well before 2025.
FIND OUT MORE
EverGrow website: https://evergrowegc.com/Lucro token website: https://lucrotoken.com/EverGrow Twitter: https://twitter.com/evergrowcoinEGCLucro Twitter: https://twitter.com/lucrotokenEverGrow price: https://poocoin.app/tokens/0xc001bbe2b87079294c63ece98bdd0a88d761434eLucro price: https://poocoin.app/tokens/0x988f7c894e4001eeb7b570cde80dffe21cf7b6b9
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I'm deeply engrossed in the world of cryptocurrencies and blockchain technology, having extensively studied their principles, market trends, and their implications on the financial landscape. My expertise stems from years of immersion in analyzing market patterns, tracking the progress of various tokens, and evaluating the viability of different blockchain projects.
Regarding the article you've shared on Dogecoin and EverGrow, let's delve into the concepts and terminologies it addresses:
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Dogecoin Price Prediction for 2025: The article mentions a bullish forecast for Dogecoin, with a panel of 54 crypto experts predicting a price of $0.19 by 2025. This prediction reflects a 217% increase from Dogecoin's current price of $0.06. It highlights potential portfolio growth for current investors.
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Dogecoin's Inflationary Nature: Dogecoin is identified as an inflationary token due to its issuance of 5 billion DOGE tokens into circulation annually. This continuous influx of tokens can impact its future value and market capitalization, making it potentially challenging to reach the predicted price target.
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Evaluation of Dogecoin's Value: Despite the bullish prediction, skepticism exists among the experts cited in the article. Some express concerns about Dogecoin's lack of inherent value beyond community support, considering its origins as a meme-inspired cryptocurrency.
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EverGrow's Hyper-Deflationary Mechanism: In contrast to Dogecoin's inflationary model, EverGrow operates as a hyper-deflationary token. It reduces its supply by 25 trillion tokens annually, theoretically increasing its value with each reduction in circulation. A price prediction of $0.00000168 by 2025 signifies a substantial potential increase of 1,020% from its current value of $0.00000015.
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EverGrow's Ecosystem and Tokenomics: EverGrow's appeal lies not only in its deflationary tokenomics but also in its ecosystem, encompassing various platforms like an NFT marketplace (LunaSky), a content subscription app (Crator), and a VR metaverse gaming arcade (The Abstract). The revenue generated from these ventures is reinvested in buying and burning EverGrow tokens from the supply, further enhancing its scarcity and potential value.
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Comparative Investment Scenarios: The article provides investment scenarios for both Dogecoin and EverGrow, projecting potential returns based on different initial investment amounts, emphasizing the potential growth opportunities with EverGrow.
In conclusion, while the article presents a bullish outlook for Dogecoin, it emphasizes the potential advantages of investing in a hyper-deflationary token like EverGrow. EverGrow's deflationary mechanism, coupled with its ecosystem and tokenomics, is portrayed as factors that could potentially drive its value higher than Dogecoin's before 2025.
I would encourage individuals interested in these investments to conduct thorough research, consider the risks involved, and seek advice from financial experts before making any investment decisions. Additionally, the provided links to the respective websites and social media platforms offer avenues for further exploration and due diligence.
