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 moreIs it possible for Dogecoin to reach $100?
It would be nearly impossible for Dogecoin to reach $100 , because there isn’t quite enough money in the whole world. Every $1 that the Dogecoin price were to increase would require an additional $180 billion in 2030. To reach $100 by 2030, then, there would have to be $18 trillion invested in Dogecoin.15 Eki 2021
Read moreWill Dogecoin be worth 1000 dollars?
No, Dogecoin can not reach 1000 dollars . Digital currencies have a lot of potential but they may never be able to surpass the US Dollar for world trade and strength.
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