Update: December 7, 2021 – Dogelon Mars continues to be one of the most attractive meme coins. Although the overall crypto market has been volatile recently, Dogelon Mars has maintained stability in price and it is expected to increase in the upcoming weeks.
The year 2021 was the year when cryptocurrencies officially took things to a new level. In early 2021, Bitcoin’s market capitalization surpassed the $1 trillion mark for the first time. Then came the mooning of Dogecoin which hit a trading value of $0.75 in April 2021. This year’s summer was more stable than expected, however, things changed with the beginning of the fourth quarter of 2021. In October 2021, the overall cryptocurrency market capitalization surpassed yet another milestone and nearly hit an all-time high of $3 trillion.
These events indicate that the upcoming months will either be extremely bullish or extremely bearish for the market. However, understanding how the crypto market works, it is more likely that the market might go in ‘extreme bullish mode’ soon. Many websites predict Bitcoin hitting $200,000 by the end of 2021; and if that turns out to be correct, the rest of the market may follow and experience growth.
One of the tokens that everyone’s hyped about is Dogelon Mars – one of the biggest meme-coins. Dogelon Mars joined the market earlier this year and has achieved quite a lot since then. But how high can ELON’s price go by the end of 2021?
Dogelon Mars Price Analysis
Dogelon Mars entered the cryptocurrency market with a price of $0.0000000078 in April 2021. Only one month after this token entered the market, its price shot up to $0.0000019 and set a new all-time high. After this big pump, however, the token experienced a big dip and was left with a trading value of $0.00000012 by the end of May.
This meme-coin dwelled around that price for the rest of summer and began increasing when September hit. By the end of September, Dogelon Mars had hit a trading value of $0.00000055. The real growth came in late October when this token set an all-time high of $0.0000025. At the time of writing, Dogelon Mars is trading at a price of $0.0000015 and has a trading volume of $53 million.
Dogelon Mars Price Prediction 2021
After analyzing the market of Dogelon Mars, presenting a price prediction is way easier. Considering that Dogelon Mars is currently the third-biggest meme-coin in the market, its future seems bright and ‘green’. One more thing that should be considered when talking about the future of Dogelon Mars is its low market capitalization. This token’s market cap all-time high is $1.23 billion. This means that Dogelon Mars has a lot of room to grow and catch up to Dogecoin and Shiba Inu – but surpassing them is nearly impossible.
For the remaining months of 2021, Dogelon Mars might break its current all-time high once more. When that happens, the token may surge upwards significantly. By the end of November 2021, Dogelon Mars is likely to reach a trading value of $0.0000081 and create a resistance level around that price. After this huge growth, its price might retaliate a bit and drop to $0.0000068 for a bit. Nevertheless, the token won’t need that much time to recover and might end the year with a trading value of $0.000085.
This growth would give Dogelon Mars a 1,000,000% yearly increase. As always, early investors would reap huge profits. Please note that this is a prediction for a bullish market. When it comes to the cryptocurrency market, it is hard to conclude whether the market will continue to be bullish or not because of its volatility.
Also Read:
Dogelon Mars (ELON) Price Prediction 2022 and Beyond – Can ELON Eventually Hit $1?
Dogelon Mars Price Prediction December 2021: Will ELON Reach $0.01 in December?
Dogelon Mars (ELON) Price Prediction 2021 – How High Can ELON Price Go by the End of 2021?
Dogelon Mars Price Prediction 2030 – What Will ELON Price be in 2030?
Dogelon Mars Price Prediction 2025 – How High Will ELON Go?
Takeaways
- The cryptocurrency overall market capitalization hit an all-time of $3 trillion earlier this month.
- In 2021, the cryptocurrency market has experienced growth that was never seen before.
- People are very hyped about Dogelon Mars recently. This indicates that this token has huge potential for growth.
- Dogelon Mars grew by more than 30,000% from when it first launched.
- Dogelon Mars may reach a trading value above $0.000085 by the end of 2021.