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Author: Admin | 2025-04-27
Is another contender on our list of projects to keep an eye on in 2023. Dogecoin lacks some of the bells and whistles of other projects included in our selection but excels as a value transfer tool for the digital realm.In 2021, the price of Dogecoin reached an all-time high of nearly $0.74, which cemented the meme coin in the esteemed group of the top 10 largest market-cap coins. While DOGE lost over 70% of its value since its all-time high, the currency could quickly recover once the bear cycle ends. In November 2022, Tesla CEO and the new owner of Twitter, Elon Musk, shared an image of his dog (of Shiba Inu breed, just like the logo of Dogecoin) in a shirt with a Twitter logo, which sparked considerable bullish activity in the DOGE markets.Why could Dogecoin be the next cryptocurrency to explode?Continued support from tech billionaire Elon Musk, a potential X (formerly Twitter) integration, and a potential transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS), which would make the network much more energy efficient, are just some of the reasons why Dogecoin could explode in 2025. Not to mention a strong community, which could end up being a crucial factor in helping Dogecoin reach $1.In the past 3 months Dogecoin showed impressive price performance, gaining more than 75% in the time period, 20th most in the cryptocurrency top 100. If the trend keeps up, Dogecoin could be one of the coins that could hit $1 in 2025.4. Celo – A mobile-focused blockchain with efficient paymentsCelo is a mobile-focused blockchain project that’s enabling fast and efficient payments. Celo’s key innovation lies in enabling mobile numbers to function as public keys. Rather than dealing with long and complex crypto addresses, users can simply use phone numbers. This system also makes it possible to send Celo assets to individuals who don't yet have a crypto wallet.Why could Celo be the next crypto to explode?The Celo blockchain has been seeing impressive growth in stablecoin usage, recently reaching a 7-day average of around 700,000 active addresses involved in stablecoin transactions. Thanks to its rapid growth, Celo is now beginning to challenge Tron as the most broadly used blockchain platform for stablecoin transactions. The demand for stablecoin transactions on Celo is driven by apps such as Minipay and Valora, which are aimed at users in developing countries where access to the banking system is difficult. Recently, Ethereum founder Vitalik Buterin praised Celo's progress on X, sparking renewed investor interest in the CELO token. With real-world usage of the Celo platform gaining momentum, we believe CELO will be one of the most fascinating tokens to watch in the next few months.This is amazing to see. Improving
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