$DOGE #CryptoMarket4T #AltcoinBreakout
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While AI is gaining traction in the investment and technology world, the rise of the cryptocurrency industry is one of the most remarkable economic phenomena in recent times. With a current market capitalization of around $3.8 trillion, cryptocurrencies have not only created revolutionary changes but also made many bold speculators rich very quickly.
Among the thousands of cryptocurrencies, Dogecoin is one of the most prominent. Created in 2013 as a joke to compete with Bitcoin, the Shiba Inu-inspired coin has become a pop culture icon. Despite its reputation for extreme volatility, Dogecoin has seen massive gains in the past. However, as of July 19, it is still trading 67% below its all-time high set in May 2021.
So can Dogecoin quadruple in price from its current level (around $0.24) to reach $1 by 2035? Let’s analyze the key factors to answer this question.
1. The Increase Is Not Unrealistic
In the crypto world, where prices can fluctuate by tens of percent in just a few hours, it is entirely possible for a token to quadruple in price in 10 years.
In fact, Dogecoin has increased by more than 143,300% in a decade (as of July 2025). However, the “law of large numbers” effect makes it very unlikely that this increase will be repeated.
Still, a four-fold increase in 10 years – from $0.24 to $1 – equates to a compound annual growth rate (CAGR) of just 14.9%, a figure that is well within the realm of average-performing stocks.
2. Price Based on “Hype” – Not Real Value
One obvious weakness of Dogecoin is its lack of intrinsic value. Unlike blockchains like Ethereum or Solana, which provide a platform for decentralized applications (dApps), smart contracts, or decentralized finance (DeFi), Dogecoin does not solve any real-world problems.
Dogecoin was originally created to “mock” Bitcoin. Its founders – Jackson Palmer and Billy Markus – have long since withdrawn from the Dogecoin community. Without an active development team, Dogecoin is currently not in the top 100 blockchains with the most active development.
This means that Dogecoin is incapable of software improvements, feature expansion, or practical applications, which are key to attracting users and increasing long-term value.
Instead, DOGE’s price is often driven by hype cycles, such as Elon Musk’s tweets or viral social media stories. When the “hype” passes, the price follows suit.
3. Biggest Competitor: Bitcoin
Compared to Dogecoin, Bitcoin remains a more attractive option for long-term investors. Over the past three years, Bitcoin has increased in value by 460%, while Dogecoin has increased by only 232% – a clear sign that market interest in DOGE is waning.
Additionally, supply economics are also a major disadvantage for Dogecoin. Bitcoin has a supply limit of 21 million coins, creating natural scarcity. Dogecoin, on the other hand, has no supply limit, with 10,000 new DOGE created every minute, or about 5 billion DOGE per year. Such supply inflation reduces investment appeal and makes long-term price appreciation more difficult.
Conclusion: Stay Away From Dogecoin
The prospect of Dogecoin hitting $1 by 2035 is not impossible, but it depends entirely on hype, not on real value. Without real applications, a vibrant development team, and no technological edge, Dogecoin is more of a “lottery ticket” than a serious investment.
Meanwhile, Bitcoin – with its scarcity, widespread adoption, and ever-expanding financial infrastructure – is a more reliable option for those looking to invest in cryptocurrencies for the long term.
👉 So if you are considering investing, stay away from Dogecoin and instead look for projects with real value, potential applications, and sustainable development platforms.
