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Crypto: Will Dogecoin Hit the $ 1

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Every week, we conduct an opinion poll to find out what traders like, interest or take into account  when managing and creating their personal portfolios.

This week we posed the following question to   Benzinga traders :  By the end of the year, will Dogecoin hit the $ 1 mark?

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For those starting out, Dogecoin (DOGE) was born as a joke in 2013 to raise public awareness of the capabilities of blockchain technology  .

Although in its origins  Dogecoin  was nothing more than a joke, the cryptocurrency is gaining momentum in 2021 thanks to its passionate online community.

The short history of the  cryptocurrency reveals that Dogecoin has had something to do with quite a number of hugely popular news items, including its successful raising of $ 50,000 in funds to send the Jamaica bobsled team to the 2014 Winter Olympics, after the athletes qualified but did not have the financial backing to attend.

Here are the full results of this week’s survey:

  • Yes, Dogecoin will hit the $ 1 mark by the end of 2021: 68.3%
  • No, Dogecoin will not reach the $ 1 mark by the end of 2021: 31.7%

Find out what’s keeping Dogecoin from moving forward lately and if the cryptocurrency is likely to hit the $ 1 mark in our recent report on it.

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