Dogecoin may reach a double-digit price mark, the key depends on how Bitcoin goes!
Bitcoin tycoon Michael Thaler, chairman of MicroStrategy, predicted last year that Bitcoin will soar to $13 million in 2045!
At that time, Bitcoin was hitting $60,000, and Thaler's bold prediction made the market boil. Despite the setbacks, Bitcoin supporters never gave up.
Thaler’s optimism has not only encouraged Bitcoin, but also given hope to the entire cryptocurrency market. Altcoins such as Dogecoin are closely linked to Bitcoin, and Bitcoin has a significant role as a weathervane.
Recently, the price of Dogecoin has fluctuated closely with Bitcoin. Although it is more violent, it has huge potential. If Bitcoin does fulfill Thaler’s prediction, Dogecoin will also benefit greatly.
Bitcoin is currently at US$94,250, which is still a long way from US$13 million, but with an average annual growth rate of 27.9%, twenty years is enough to achieve the goal. In the same way, if Dogecoin maintains this growth rate, the price of US$0.3325 may rise to US$45.86 in twenty years!
Despite the staggering historical growth, the future is full of uncertainties. A bear market may bring challenges, but a bull market will help prices soar. The annual growth rate of 27.9% makes it possible for crypto assets to set new records!