Web3
Analysts Say the Memecoin Is Unlikely to Reach $1 by 2027 on 5 Billion Annual Issuance
COINOTAG·October 21, 2026·1 min read
Analysts argue Dogecoin is unlikely to reach $1 by 2027 because up to 5 billion new coins are issued annually, diluting supply. Only 2,373 merchants worldwide currently accept DOGE, limiting its utility. The memecoin faces significant headwinds from ongoing issuance and low adoption.
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