The study reveals a consistent advantage of including DOGE in portfolios: annual returns increase from 7.25% to nearly 9% in some cases, and risk-adjusted metrics like Sharpe ratios see positive improvements. Though slightly more volatile, the study shows drawdowns remain manageable. Even portfolios with no rebalancing experienced only modest downside performance, suggesting the inclusion of DOGE offered potential upside without negatively impacting the overall mix.
Looking ahead, 21Shares predicts Dogecoin’s price could reach $1.42 in a bullish scenario by 2025. A neutral projection forecasts a price of $1.00, while a conservative outlook sees a floor near $0.38 if the asset fails to surpass its 2021 all-time high.
Despite ongoing discussions about rivals like Shiba Inu potentially gaining popularity, Dogecoin’s resilience remains evident, with 21Shares now suggesting it deserves serious consideration as an investment asset.