This is due to the large amount of DOGE in circulation (130 billion at the time of writing). For Dogecoin to reach $2, it would need a market capitalization of over $260 billion, which would make the meme currency more valuable than most companies in the S&P 500.
Read moreWhat will Dogecoin be worth by 2022?
As per the Dogecoin price prediction for 2022, the price of Dogecoin might cross $0.15 by the end of year. The predicted high for 2022 might be around $0.17, and on the downside, the low might be around $0.11.
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