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Elon Musk and Dogecoin: Odds of Reaching $1

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by Giorgi Kostiuk

3 hours ago


Dogecoin has long struggled to hit the $1 mark, largely due to Elon Musk's support. Despite his influence, DOGE hasn't reached this milestone. Experts are increasingly looking to Web3Bay as a more viable project with sustainable potential.

Dogecoin's Struggle to Hit $1

Dogecoin was created as a joke in 2013 but has become a well-known cryptocurrency largely thanks to Elon Musk. His endorsements have repeatedly boosted DOGE's price, but it has never surpassed the all-time high of $0.73. Without Musk's constant attention, Dogecoin's price declines, highlighting its reliance on external hype.

Despite Musk's support, Dogecoin has not reached the $1 mark.

Web3Bay: A Breakthrough in E-commerce

Unlike Dogecoin, Web3Bay is focused on e-commerce, offering a decentralized marketplace. Traditional platforms like Amazon and eBay impose high fees, while Web3Bay allows buyers and sellers to interact directly, cutting out intermediaries.

Web3Bay's Presale Success and Potential

Web3Bay has already raised over $1.5 million in its presale, attracting investor interest. The 3BAY token is priced at just $0.004562, with a projected launch price of $0.1959. Forecasts suggest significant growth for 3BAY, reaching $0.50 to $1 by 2025. Backed by a functional product and increasing adoption, Web3Bay is seen as a more resilient investment than Dogecoin.

While Dogecoin relies on the media influence of Elon Musk, Web3Bay is building a long-term future in e-commerce. Its sustainable growth and real-world utility make Web3Bay a more promising investment.

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