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$10,000 with a million scams: How much should Dogecoin be worth?
Despite the decline it has experienced, it is still on investors' radar. DOGE, considered a leader in meme coins, is making headlines again with massive price targets. So what if the price of Dogecoin reaches $15, $33, or $57? How can you join the million club with just a $10,000 investment?
Dogecoin: Investors have not lost hope despite the decline.
The price of Dogecoin recently dropped below $0.15, marking its lowest level in the past four months. According to CoinMarketCap data on March 11, DOGE fell to $0.146. These declines indicate a value loss of 69% compared to its peak of $0.47 in December 2024.
However, Dogecoin has started to partially recover from this decline, trading at $0.19. Currently, it ranks ninth among the largest cryptocurrencies with a market capitalization exceeding $26 billion. Requests submitted for Dogecoin ETFs and institutional interest contribute to raising price targets.
Dogecoin: Target: $15 or $33 or $57, is it possible?
DOGE has reached its all-time high of $0.7376. Now there are targets of $15, $33, and even $57. To reach these targets, the value of DOGE must increase by 8.791%, 19.461%, and 33.687%, respectively.
Renowned cryptocurrency analyst Ali Martinez indicates that the approval of an ETF for Dogecoin could drive the price of DOGE to $15. According to Changelly experts, DOGE could reach $15 by February 2040. It's expected to reach $33 by April 2040 and $57 by July 2040.
How can you make one million dollars with a $10,000 investment?
If the price of DOGE reaches these huge targets, how many tokens should investors hold?
If the price of DOGE becomes $15:
To achieve a profit of one million dollars, you only need to have 66.667 DOGE. Buying this amount at an average price of $0.15 would cost about $10,000. However, at the current price of $0.19, the investment cost rises to about $12.600.
If the price of DOGE rises to $33:
If this target is reached, you will need 30.304 DOGE to earn one million dollars. If you bought this amount at $0.33, your investment would be worth $10,000. At the current price, this investment is worth $5.757.
If the price of DOGE reaches $57:
At this level, 17.544 DOGE will be enough to make a profit of one million dollars. Assuming you bought the tokens at $0.57, the investment cost would be $10,000. When calculated at the current price, this amount is only worth $3.333.
Low prices may be a buying opportunity.
The current price of Dogecoin offers a buying opportunity for investors. If target prices are reached, there could be significant potential gains. Experts suggest that using the DCA method through regular purchases may be a strategic step to accumulate DOGE in the long term.
