As there is an infinite supply of Dogecoin, analysts do not expect the same meteoric rise as Bitcoin, which is currently worth more than £40,000.
However, incremental rises are expected of Dogecoin in the coming years after the current burst settles down.
Having doubled in value over the past few days, the market will soon calm down.
But it will slowly increase in value, and could hit the $1 mark by 2025, according to Prime XBT.