Galaxy Research, one of the popular cryptocurrency firms, shared a post about Dogecoin, the most popular meme coin. The company shared a Dogecoin forecast for 2025. It predicted when DOGE will experience a major breakout while its counterparts, the meme coins, are experiencing a leap. Meanwhile, the company shared 22 more cryptocurrency forecasts. Here are the details
Dogecoin forecast from Galaxy Digital
Galaxy Research, a branch of Galaxy Digital Holdings, has shared a bullish forward-looking forecast for the Dogecoin (DOGE) price. This DOGE forecast comes as part of 23 major predictions for the cryptocurrency ecosystem in 2025. The Galaxy Research forecast also touched on Bitcoin, Ethereum and other major crypto events. According to the firm, the top meme coin may finally realize its goals. Thus, it could skyrocket to $1 next year. The research firm said that Galaxy Digital informed its clients that the DOGE market capitalization will reach $100 billion next year.
For reference, the Dogecoin price was pegged at $0.3133 at the time of writing with a market capitalization of $46.25 billion. While the coin has basic fundamentals such as continuous DOGE whale accumulations, the price will need to grow by more than 100 percent to reach this mark. This growth rate is not uncommon for Dogecoin, but the crypto ecosystem now has competing memecoins with a higher risk-reward ratio. According to Galaxy Research, the correlation with Elon Musk’s Department of Government Efficiency (D.O.G.E) will affect memecoin’s valuation.
Besides Dogecoin, the research firm also predicted a price peak of $150,000 for Bitcoin in Q1 2025. According to forecasts, the flagship coin will rise as high as $185,000 in the fourth quarter. These predictions are conservative compared to the $350,000 Bitcoin price prediction recently published by “Rich Dad Poor Dad” Author Roberts Kiyosaki.
What about other cryptocurrency forecasts?
Viewed through Galaxy Research’s lens, Dogecoin is not the only asset that will benefit from the upcoming market boom in 2025. After the spot Bitcoin ETF market passed the $100 billion Assets Under Management (AUM) milestone this month, Galaxy predicted a record $250 billion in 2025. Ethereum also secured the research firm’s bullish projection. Ether will trade above $5,500 in 2025, the firm said. So far in this bull market cycle, Ethereum has failed to break above the $4,000 price mark. The firm also said that the Ethereum staking rate will exceed 50%. The list of predictions is as follows:
- Bitcoin will cross $150k in the first half of the year and test or best $185k in Q4 2025.
US spot Bitcoin ETPs will collectively exceed $250 billion in 2025.
Bitcoin will again be among the best performers among global assets on a risk-adjusted basis in 2025.
At least one top asset management platform will announce a Bitcoin allocation of 2% or higher.
Five Nasdaq 100 companies and five nation states will announce the addition of Bitcoin to their balance sheets or sovereign wealth funds.
Bitcoin developers will agree on the next protocol upgrade in 2025.
More than half of the 20 largest publicly traded Bitcoin miners by market capitalization will announce or partner with hyperscalers, AI or high-performance computing firms.
Bitcoin DeFi, the total amount of BTC locked in DeFi smart contracts and deposited into staking protocols, will almost double in 2025.
Ether will trade above $5500 in 2025.
Ethereum staking will exceed 50%.
The ETH/BTC ratio will trade below 0.03 in 2025 but end the year above 0.06.
Collectively, L2s will generate more economic activity than Alt L1s in 2025.
DeFi will enter the “dividend era” as Onchain applications distribute at least $1 billion in nominal value to users and token holders from treasury funds and revenue sharing.
Onchain governance will be revitalized, with applications experimenting with futarchic governance models.
The world’s four largest custodian banks will custody crypto assets in 2025.
At least ten stablecoins backed by TradFi partnerships will launch.
Total stablecoin supply will double to more than $400 billion in 2025.
Tether’s long-standing market dominance will fall below 50%, challenged by yield-generating alternatives such as Blackrock’s BUIDL, Ethena’s USDe and even USDC Rewards paid by Coinbase/Circle.
Total crypto VC capital invested will exceed $150 billion, up more than 50% year-on-year.
Stablecoin legislation will pass both houses of Congress and be signed by President Trump in 2025.
The US government will not buy Bitcoin in 2025, but will build a stockpile using the coins it already holds.
The S.E.C. will investigate Prometheum, the first so-called “special purpose broker dealer”.
Dogecoin will finally reach $1 and the world’s largest and oldest memecoin will reach a market capitalization of $100 billion.
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