If you bought $1,000 worth of DOGE today, you would get about 8,333.33 tokens. For 8,333.33 coins to be worth $1 million, each coin would need to be worth about $120. For DOGE to reach $120, its price would need to increase by 99,900%.
Can Dogecoin Reach $120 by 2030?
Changelly predicts Dogecoin will trade at a maximum price of $1.66 in 2030, well below its target of $120.
Telegaon gave a more optimistic outlook for DOGE in 2030. The platform predicted the original memecoin would reach a maximum price of $4.06 in 2030. While reaching $4.06 is a significant price increase, it is still below the $120 target.
99,900% growth is no easy task, but some cryptocurrency projects have shown larger growth rates in the past. For example, Shiba Inu grew by millions of percent in its first year of launch.
For Dogecoin to see similar growth, certain developments need to happen. Elon Musk, one of the richest men in the world and a big DOGE supporter, has said that Tesla may soon allow DOGE payments for its cars. Musk’s social media platform X is also rumored to be adding DOGE to its payment feature. Such developments could push DOGE above $100 in the future.
