The price of Dogecoin could rise to $10 within the next few years if DOGE experiences a steady growth of 5% monthly. 

Follow @Lachakari_Crypto

 

The latest crypto market downturn has dealt a heavy blow to Dogecoin, causing its price to plunge by 6.13% over the past day. This saw the price of DOGE crash from the $0.18 mark to $0.1702. Despite the latest bloodbath, DOGE is still up 9.3% in the past seven days. 

Dogecoin’s Potential Surge to $10 

Notably, market watchers are still optimistic about Dogecoin’s prospects. Some expect it to soar to an ambitious target of $10. Hitting the $10 target requires a surge of 5,775% from the current price. Several experts, including Ali Martinez, believe Dogecoin can achieve the $10 milestone. 

When Will 5% Monthly Gain Take DOGE to $10

As this projection gains momentum, we estimated how long it would take Dogecoin to reach the $10 target if it records a monthly gain of 5%. We can estimate a 5% gain on DOGE by multiplying the current price of $0.1702 by 1.05%. Accordingly, if DOGE’s price grows by 5% in May 2025, it will trade at $0.17871 by the end of the month. 

Another 5% growth in the following month would push the price to $0.18764 by June. Notably, Dogecoin would finally cross the $0.2 mark by August 2025. 

If this continues and DOGE records a minimum increase of 5%, its price would clinch the $10 target within the next 84 months or seven years. This implies that the price of DOGE would hit $10 by April 2032, so long as the firstborn meme coin records a monthly increase of 5%. 

At the $10 target, a portfolio of 5,000 DOGE, valued at $851 at the current price, would be worth $50,000, representing an ROI of over $49,000.

Notably, Dogecoin’s market cap would soar to approximately $1.49 trillion from the current value of $25.35 billion. This analysis assumes that Dogecoin’s circulating supply remains at the same level of 148.98 billion tokens. 

Moreover, there is no guarantee that Dogecoin could see or sustain a monthly 5% through the seven-year period.

Expert Predictions for Dogecoin by 2032

Meanwhile, @Lachakari_Crypto consulted other crypto prediction platforms like Changelly and Telegaon to assess their Dogecoin predictions for April 2032. 

Analysts affiliated with Changelly’s trading platform suggest that Dogecoin will trade at a maximum target of $2.02 by April 2032. This represents an increase of 1,086% from the current price of $0.1702. As for the $10 price, the analysts do not see DOGE at that level in the foreseeable future.

However, Telegaon indicates that Dogecoin would trade between $18 and $28 within the projected timeline of 2032. It noted DOGE could reach $10 much earlier in 2029. 

Notably, these timelines remain speculative.

DisClamier:

This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect @Lachakari_Crypto opinion. Readers are encouraged to do thorough research before making any investment decisions. @Lachakari_Crypto is not responsible for any financial losses.

$DOGE

#DOGE #BinanceAlphaAlert #Lachakaricrypto #LachakariAnalysis #LACHAKARI