Dogecoin Price Fades As Lightchain AI Gains Attention With A Predicted 40,000% Surge By 2025

Dogecoin’s meteoric rise in 2021, fueled by viral memes and hugs from the Internet by Elon Musk and others, firmly set it in the pantheon of cultural memes. However, it lacks a credible use case beyond tipping and payments, which left it behind in the growing market that now demands utility and innovation.

Owing to this it sits in between the market, which is populated with other options that have a laid down strategic developmental plan, and this one, which only leans on populism. As the meme coin environment becomes more developed, the DOGE price has remained stagnant unable to breach certain key resistance levels hence the need for DOGE to innovate.

Although Dogecoin continues to have a strong community, the token’s fundamental basis on ‘feel-good’ FOMO is less desirable compared to those with a transparent path map and innovation. While the market moves towards the project focused on solving various issues, DOGE remains inactive concerning the price’s growth, indicating the necessity to develop the meme coin market.