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CoinGape

Here's Why Dogecoin Price May Never Hit $50 or $100 Mark

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Summary
Nutrition label

60% Informative

Dogecoin ( DOGE ) value gained 426% in 2024 but is currently down to 243% .

Market capitalization needs to surge 14,900% to $7.3 trillion for DOGE to hit $ 50 or $ 100 mark.

DogeCoin is the original top meme coin , created in 2013 as a joke.

DOGe’s initial purpose was not to be a serious investment opportunity.

Other tokens with robust technology and clearer use cases face stiff competition.

VR Score

41

Informative language

29

Neutral language

27

Article tone

formal

Language

English

Language complexity

29

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not offensive

Hate speech

not hateful

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Known propaganda techniques

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Time-value

medium-lived

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