🔥💥Dogecoin (DOGE) Price Forecast: May 2024
Dogecoin (DOGE) price forecast for May 2024
Dogecoin
According to COINCODEX, DOGE will continue to trade around $0.144 until May 7, 2024. But the asset could face a correction later in the month. CoinCodex expects the DOGE to fall to $0.125 by the end of May. Reaching $0.125 from current levels will mean a decline of about 13.19%.
Changelly is not painting a bullish picture for #Dogecoin (#DOGE ) in May. The platform predicts that the popular memecoin will drop to $ 0.127904 on May 10, 2024. In addition, Changelly predicts that the DOGE will continue to fall throughout the month, reaching $ 0.125834 on May 27, 2024.
Although Dogecoin (DOGE) is one of the most popular crypto assets, it has been having a hard time gaining momentum recently. However, tech billionaire Elon Musk has said that Tesla may soon activate DOGE payouts for its vehicles. If Tesla starts paying DOGE for its vehicles, there could be a sudden explosion in asset adoption. In addition, Musk's X platform may also include DOGE in its upcoming payments feature. The move may lead to a sudden increase in the price of the asset.
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Top 5 Hottest Altcoins To Buy Before May For 100X Potential
1. Gala (GALA):
- Gala (GALA) is the primary cryptocurrency of Gala Games and serves as the main currency for acquiring NFT items.
- It has shown significant growth over the past year, making it a top investment choice.
- Gala's price currently stands at $0.04335, and it is ranked 64th with a market cap of $1.3 million.
2. Scallop (SCLP):
- Scallop (SCLP) is a decentralized fintech platform that combines cryptocurrencies and fiat currencies.
- The Scallop token, SCLP, is used for trading bonuses, staking, and transaction fees.
- Currently, SCLP is priced at $0.3952, with potential for substantial returns.
3. Ondo (ONDO):
- Ondo (ONDO) is involved in shaping the Ondo DAO and democratizes access to financial solutions.
- The ONDO token has increased in value by 367% over the past year.
- ONDO's current price is $0.7559, with a market cap of $1 billion.
4. Ethena (ENA):
- Ethena (ENA) is a synthetic dollar protocol operating on Ethereum and introduces an innovative dollar-indexed savings tool called the 'Internet Bond.'
- Ethena Labs has partnered with major crypto wallets to allow users to deposit USDe (Ethena’s stablecoin).
- Currently, ENA is priced at $0.789053, and it holds the 73rd position on CoinMarketCap.
5. Brett (BRETT):
- Brett (BRETT) is a meme coin inspired by a character from the “Boy’s Club” comic, aiming to surpass PEPE in popularity.
- Despite fluctuations, Brett shows a gain since the beginning of the year.
- Brett's price is $0.04126, reflecting a 12% decrease in the past 24 hours.
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