Here’s How Much 1 Dogecoin Could Be Worth if DOGE Market Cap Reaches $500B or $1T
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As Dogecoin bulls dominate the market, this analysis examines the potential price of DOGE should the bull momentum drive its market cap to $500 billion or $1 trillion.
Today, Dogecoin posted a 13% gain, trading at $0.3863. When considering Dogecoin’s December dip price of $0.2644, the meme coin has advanced by 46.3%. With the ongoing bull momentum, speculation is high regarding where Dogecoin is headed in the short-term and long-term.
Amid this, this article explores what Dogecoin could be worth if its market cap reaches the lofty psychological price points of $500 billion and $1 trillion.
Dogecoin Price if Market Cap Reaches $500B
At its current price, Dogecoin boasts an impressive market cap of $57 billion. This valuation allows the meme coin to rank as the seventh most prominent crypto asset in the $3.4 trillion crypto market.
To attain a $500 billion market cap, Dogecoin would need nearly a ten-fold price increase. Specifically, for Dogecoin to reach a half-trillion-dollar cap, its current valuation would need to expand by 777.2%. This would elevate Dogecoin’s price from $0.3863 to $3.39.
Notably, many market observers have expressed confidence in Dogecoin’s potential to reach $3 in this cycle. For context, at a $500 billion valuation, Dogecoin would rival Mastercard and Exxon Mobil, among the most valuable corporations in the world.
Meanwhile, the optimism for Dogecoin's potential extends far beyond $3, requiring an even greater market cap.
Dogecoin Price if Market Cap Reaches $1 Trillion
From its approximate $57 billion market cap, Dogecoin’s valuation would need to grow by 17X or 1,654% to reach $1 trillion. This lofty threshold would correspond to a market price of $6.78 for Dogecoin.
Notably, this $6.78 price, requiring a $1 trillion market cap, would put Dogecoin in competition with the valuations of Berkshire Hathaway and Tesla. Yet, some market analysts have suggested even higher price points for Dogecoin, including $10 and $37.
Analysts Calling for Ambitious Prices for DOGE
Among those calling for this ambitious outlook for Dogecoin is the widely followed technical analyst, Tardigrade.
In a recent analysis, he pointed out that Dogecoin’s price movement aligns with a “Power of Three” pattern, forecasting a rise beyond $1 shortly and possibly up to $30 before the end of 2025.
Another analyst, Balo, forecasts that Dogecoin could peak at $37 as early as May 2025. However, critics have called for caution against these speculative targets.
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