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Due to the dominance of DOGE long positions in the market, this analysis examines the potential price of DOGE if the Bull Market momentum pushes its Market Cap to $500 billion or $1 trillion.
Today, DOGE rose by 13%, with a trading price of $0.3863. Considering the December drop price of $0.2644, the meme coin has increased by 46.3%. With the continued bull run, speculation about the short-term and long-term trends of DOGE is high.
In this context, this article explores what the value of DOGE would be if its market capitalization reached psychological highs of $500 billion and $1 trillion.
If the market capitalization reaches $500 billion, the price of DOGE
At the current price, the Market Cap of DOGE is as high as 57 billion US dollars. This valuation ranks the meme coin seventh in the 3.4 trillion US dollar cryptocurrency market.