Explosive! Dogecoin (DOGE) rockets with 5% monthly compounding, could the $10 price tag actually become a reality this year?
Optimistic expectations under the shadow of a crash: ambitions and calculations for a 57-fold increase
Despite Dogecoin (DOGE) plummeting 6.13% in the last 24 hours, with the price falling from $0.18 to $0.1702, there are still bullish voices in the market.
Based on the current price, DOGE needs to accumulate a 5775% increase to reach $10, which corresponds to a stable monthly compounding of 5% over 84 months (7 years).
Compounding model calculations (assuming a circulation of 14.898 billion coins remains unchanged):
May: $0.1702 × 1.05 = $0.1787
June: $0.1787 × 1.05 = $0.1876
August: Breaks $0.2 ($0.195 × 1.05² ≈ $0.215)
2028: Breaks $0.35 (cumulative increase of 100%)
2030: Breaks $0.57 (cumulative increase of 235%)
April 2032: Reaches $10 ($0.1702 × 1.05⁸⁴ ≈ $10.01), corresponding market value of $14.9 trillion (surpassing current Bitcoin market value).
DOGE's largest monthly drop ever was 72% (May 2021), with an average monthly volatility exceeding 45%; stable 5% compounding lacks historical support;
A market value of $14.9 trillion would need to surpass Apple (currently around $2.8 trillion) and Microsoft (around $2.4 trillion), making it the second largest asset by market value globally, while DOGE lacks substantial ecological support;