It has been more than a decade that cryptocurrencies have been around. The first one was announced back in 2008 when Bitcoin’s whitepaper was published. According to the Bitcoin whitepaper, the main goal of cryptocurrencies is providing a better platform for transactions and an improved medium of exchange. They called Bitcoin the revolutionary Peer-to-Peer Electronic Cash System.
The creation of Bitcoin is believed to be the response of the founder of Bitcoin, Satoshi Nakamoto, to the financial crisis of 2008. Understanding that the current global financial system is heavily flawed, Satoshi proceeded and provided humanity with an alternative.
We have come a long way since the launch of Bitcoin. Today, more than 14,000 different cryptocurrencies and tokens have joined the market. Additionally, the utility of this industry has increased greatly, with crypto projects like Ethereum and Decentraland further revolutionizing this already revolutionary industry.
To make the world of cryptocurrencies more interesting, meme-coins have emerged. The first meme-coin joined the market back in 2013 and goes by the name of Dogecoin – inspired by the famous Doge meme. After Dogecoin came Shiba Inu, another meme-coin inspired by a meme, and so on. At the time of writing, the meme-coin sector of cryptocurrencies is worth more than $70 billion.
One of the most anticipated projects in this sector is Dogelon Mars. This ERC-20 token joined the market back in April 2021 with a price of $0.0000000078 and has grown by 21,000% since then. But what will the price of Dogelon Mars be in 2030?
Dogelon Mars Price Prediction 2030
Until today, Dogelon Mars investors have often profited from their investment. Although this crypto project has grown greatly, it has still a lot of room to expand. When compared to Dogecoin and Shiba Inu, this token is still small. Being a low-cap token with a huge community is a big plus for people who are looking for the next hidden gem. As of right now, the biggest market capitalization this token has achieved was around $1.38 billion. This put it at the #100 rank in CoinMarketCap.
That being said, the future of Dogelon Mars may prove to be very fruitful for the ‘Martians’ hodling the token. As for the long-term, Dogelon Mars might skyrocket several times. By the year 2030, the token may most likely hit a trading value of $0.40. This is only if the team works on improving the tokenomics of Dogelon Mars, of course, since having a circulating supply of more than 500 trillion makes the price of $0.25 impossible to reach.
Dogelon Mars might enter the year 2030 with a trading value between $0.30-$0.40. Nevertheless, as the year 2030 goes on, the token might slowly lose its value and be left with a price of $0.17 by September 2030. Yet, the fourth quarter of 2030 may be bullish for Dogelon Mars, resulting in the token potentially ending the year with a price of $0.25.
Also Read: Dogelon Mars (ELON) Price Prediction 2022 and Beyond – Can ELON Eventually Hit $1?
Takeaways
- The first cryptocurrency (Bitcoin) launched in 2009 with Satoshi Nakamoto as its founder.
- Bitcoin revolutionized the way people make payments. It is a Peer-to-Peer Electronic Cash System.
- Fast forward to today, there are more than 14,000 cryptocurrencies and tokens in the market.
- One of the most interesting sectors of cryptocurrencies is the meme-coin sector. It amounts to more than $70 billion in value.
- Dogelon Mars is a meme-coin that might grow to become the next Dogecoin or Shiba Inu.
- By 2030, Dogelon Mars might go as high as $0.40 but then dip and end the year with a possible price of $0.25.