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Here’s How Much 1 Dogecoin Would Be Worth If DOGE Reaches Ethereum Market Cap
Here’s How Much 1 Dogecoin Would Be Worth If DOGE Reaches Ethereum Market Cap
March 6, 2025
Dogecoin
The price of Dogecoin would ultimately surpass the $1 threshold should it soar to attain Ethereum’s current market cap.
In recent times, Dogecoin has lost the bullish momentum that attracted a lot of interest in the last quarter of 2024. With its price dipping by over 25% in the last four weeks and falling below $0.20, its yearly gain is now just 11%.
Nevertheless, many still have high hopes for Dogecoin’s performance this year. Analysts suggest that Dogecoin could reach an unprecedented $100 billion market cap during this cycle.
Amid this optimism, The Crypto Basic analyzes the potential worth of DOGE should its valuation rise to the size of Ethereum’s.
Dogecoin Price with Ethereum Market Cap
As of today, Dogecoin has a market cap of $30 billion, commanding more than 50% of the total share of the memecoin market. Notably, with this cap, Dogecoin’s price is just around $0.21.
Meanwhile, Ethereum, the altcoin king, has a much higher valuation at $262 billion, with a unit ETH price of $2,270.
Accordingly, there’s a gap of over $230 billion between Ethereum and Dogecoin. However, given Dogecoin’s historically explosive price movements, many believe it could close the gap faster than many would expect.
For Dogecoin to reach Ethereum’s $262 billion market cap, its current valuation must expand by nearly 9x. Specifically, the market cap of Dogecoin must soar by 773% to reach $262 billion.
Notably, DOGE has a current circulating supply of 148.29 billion tokens. Accordingly, its unit price in this scenario would be $1.746.
The $1 mark has been a long-standing aspiration for Dogecoin enthusiasts since the last bull season. However, many believe this will be the cycle where Dogecoin finally surpasses $1.
Despite this, with the ongoing trend of lower lows, the journey to $1 remains increasingly formidable for DOGE. This brings us to the question of how long it will take for Dogecoin to reach $1.746.
Timeline for DOGE to Hit $1.746
Market commentators at Telegaon, a prediction platform, suggest that Dogecoin could reach $1.72 this year, but that would likely be its maximum price. Meanwhile, by 2026, they expect $1.73 to be the minimum.
On the other hand, analysts at Changelly suggest that the earliest time for Dogecoin to approach the $1 mark is by 2029.
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