Once dismissed as a meme with no future, Dogecoin is being re-evaluated by serious players in the investment world.
Asset management firm 21Shares has not only filed for a Dogecoin ETF in the U.S. but also released an in-depth report making the case for DOGE as a viable addition to diversified portfolios.
According to their analysis, even a small allocation—just 1%—to Dogecoin within a traditional 60/40 stock-bond portfolio, already adjusted to include a bit of Bitcoin, could noticeably boost returns.
The report outlines three potential outcomes for Dogecoin’s trajectory, with the most optimistic forecasting a price as high as $1.42. That target is based on the coin replicating its past explosive growth rate of 189% annually over the next two years, a pattern last seen before its 2021 surge.
The bullish outlook depends on a mix of retail enthusiasm, clearer regulations, and real-world adoption—particularly if Elon Musk integrates Dogecoin payments on X, formerly known as Twitter. Should those factors align, the report suggests DOGE could not only reclaim but surpass its former highs.
However, 21Shares tempers its optimism with caution. In a more conservative view, if DOGE grows at a modest 10% CAGR from its previous peak, the price might reach $0.38 by 2025—better than current levels, but far from a breakout. A neutral scenario puts the coin at roughly $1, assuming it captures 3% of a projected $5 trillion crypto market, slightly less than its previous market share.
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