Is it possible for Dogecoin to reach $1?
Dogecoin's market valuation needs to reach $100 billion to achieve $1, an ambitious but feasible goal given its ranking and community support.
DOGE has a market cap of $46.67 billion and is trading at $0.3167. The cryptocurrency should double in value to reach $1, as it did in 2021.
Galaxy Research tweeted this scenario:
