Dogecoin (DOGE) Looks Undervalued at $0.13, But Is It the Next Crypto to Hit $1?
Dogecoin (DOGE) will have to overcome tough challenges to reach $1 as it is currently trading at a price of around $0.13. Reaching the target of $1 means Dogecoin will have to grow eight times in value, whereas the potential of the cryptocurrency is mostly driven by sentiment rather than utility. Dogecoin has repeatedly shown resistance at critical points, and in the absence of a fundamental force behind it, growth seems tough. Despite being widely recognized, DOGE does not appear to be the next crypto to hit $1, and investors seeking a new crypto coin with tangible potential are looking elsewhere.
Mutuum Finance is now in Presale Stage 7, priced at $0.04, and represents a different concept for growth from DOGE. The…
