Surveys conducted on Finder and CoinMarketCap platforms gathered price predictions for August and December from investors. One of the questions is when the price of DOGE will reach 0.1 dollars. According to the results, the community expects these levels in Dogecoin and Ethereum.
Can DOGE reach $0.1 by the end of August?
The DOGE price has been fluctuating in recent months, along with the overall market. CoinMarketCap’s community survey sheds light on what levels investors can expect in this environment. The survey, which collected price predictions for August, revealed that investors expect a decrease by the end of the month. A majority of respondents predicted that the DOGE price would drop to $0.09 by the end of August. This level means that investors are especially looking forward to new lows.
At what levels will Ethereum trade in August?
On the other hand, the recent Finder panel, composed of crypto and Web3 industry fintech experts, gathered ETH price predictions from the participants. Most experts predict that Ethereum will drop to $675 within the year. However, experts are quite optimistic when it comes to what levels it will close the year at. According to the results of the survey, experts predict that the Ethereum price will end the year 2022 at $ 1,711. The results for the coming years are as follows.
Meanwhile, in the CMC survey we mentioned above, a pessimistic picture emerged for Dogecoin in the long run. 544 user forecasts collected so far predict that the price of Dogecoin will be above $0.01 by the end of September. Meanwhile, the community predicts that the DOGE price will average around $0.1073 in September. If this happens, it would mean a 63.20% increase from current levels for Dogecoin. On the other hand, according to experts, Ethereum price will surpass $ 2,000 by the end of the year.
Experts expect $2,000 in Ethereum by the end of the year
As you follow on Kriptokoin.com, the Ethereum network is preparing for a very important update. Merge will go into effect in September, as confirmed by the team. With this update, Ethereum is moving from the PoW Blockchain to the PoS mechanism. Before the upcoming update, the ETH price recorded price movements of up to 50%. Experts are quite optimistic as ETH will become a more disinflationary cryptocurrency thanks to Merge.
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According to the experts participating in the Finder survey, the switch to PoS will help the ETH price gain momentum. Meanwhile, some technical analysts predict that Ethereum could trade at an average of $2,142 by the end of the year.
Ethereum (ETH) is currently making a rapid move to the $1,700 region. The cryptocurrency market started to rise after the Fed’s statements. Meanwhile, Bitcoin and Ethereum are trading in the green 9.91% and 14.41%, respectively.
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