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 <p class="paragraph">Dogecoin (DOGE) is celebrating a decade of existence on December 6, 2023. In this context, DOGE is the best performer of the day among the top 10 cryptocurrencies, surging by 12% in the last 24 hours.</p> 
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 <p class="paragraph">Meanwhile, Dogecoin is trading at $0.10, testing a key resistance zone, of which a breakout could leverage higher <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a>s.</p> 
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  <img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/12/07/8c8eb3b07386e1c2cd954fbff436eeb5.webp" alt class="wp-image-141737" srcset="https://cdn.thebittimes.com/images/2023/12/07/8c8eb3b07386e1c2cd954fbff436eeb5.webp 1024w, https://cdn.thebittimes.com/images/2023/12/07/8c8eb3b07386e1c2cd954fbff436eeb5.webp 300w, https://cdn.thebittimes.com/images/2023/12/07/8c8eb3b07386e1c2cd954fbff436eeb5.webp 768w, https://cdn.thebittimes.com/images/2023/12/07/8c8eb3b07386e1c2cd954fbff436eeb5.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
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   DOGE 1-day price chart. Source: Finbold
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 <p class="paragraph">Notably, the stock and crypto market analyst Jake Wujastyk is monitoring this key point. Wujastyk shared an <a rel="dofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> for DOGE on X (formerly Twitter), with his <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> target hit at $0.10.</p> 
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">#Dogecoin Initial upside target hit. pic.twitter.com/nFuo9b4L91</p>— Jake Wujastyk (@Jake__Wujastyk) December 6, 2023
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 <h2 class="wp-block-heading" id="h-can-dogecoin-reach-1">Can Dogecoin reach $1</h2> 
 <p class="paragraph">In a following post, 10 minutes after the former, Jake Wujastyk sets a new target at $0.19 per coin. Particularly, these prices are reachable if it “launches off the volume shelf here,” in the analyst’s words.</p> 
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 <p class="paragraph">A bull rally to $0.19 would mean 80% gains from the current zone to a $27 billion market cap, considering DOGE’s circulating supply at the time of publication.</p> 
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  <img decoding="async" loading="lazy" width="1024" height="569" src="https://cdn.thebittimes.com/images/2023/12/07/c4dda8a57ba31247731702385b1d37a5.webp" alt class="wp-image-141738" srcset="https://cdn.thebittimes.com/images/2023/12/07/c4dda8a57ba31247731702385b1d37a5.webp 1024w, https://cdn.thebittimes.com/images/2023/12/07/c4dda8a57ba31247731702385b1d37a5.webp 300w, https://cdn.thebittimes.com/images/2023/12/07/c4dda8a57ba31247731702385b1d37a5.webp 768w, https://cdn.thebittimes.com/images/2023/12/07/c4dda8a57ba31247731702385b1d37a5.webp 1355w" sizes="(max-width: 1024px) 100vw, 1024px">
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   DOGE/USD on Kraken, monthly chart. Source: <em>TradingView</em>
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 <p class="paragraph">Interestingly, a move to $1 per DOGE is still on the table, which would put Dogecoin at a $142 billion growing capitalization. For comparison, Tether USD (USDT) and Ethereum (ETH) currently have a $90 billion and $270 billion market cap, respectively.</p> 
 <p class="paragraph">However, the longer it takes, the harder it will be for Dogecoin to <a rel="dofollow" title="reach" href="https://thebittimes.com/tag/reach.html">reach</a> $1. This is due to the high supply inflation that DOGE is subject to, which impacts its <a rel="dofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> projections.</p> 
 <p class="paragraph">In this context, Finbold reported on November 29 that Dogecoin would trade at $0.69 if it ever <a rel="dofollow" title="reach" href="https://thebittimes.com/tag/reach.html">reach</a>es its all-time high capitalization from May 2021.</p> 
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p> 
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<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/dogecoin-price-prediction-can-doge-reach-1-tbt72836.html">https://thebittimes.com/dogecoin-price-prediction-can-doge-reach-1-tbt72836.html</a></p>

Dogecoin price prediction; Can DOGE reach $1?

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