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Can Dogecoin Price Realistically Reach $10? Here’s How High The Market Cap Would Have To Be | Bitcoinist.com Trending Global News

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Crypto analysts have increased the possibility of reaching the possibility of dogcoin value to $ 10. Based on this, it has become important to analyze it Dogs Market Cap If it reaches this ambitious price target, it can happen.

What will be the market cap of Dogi if the price of dogcoin reaches $ 10

Coinmarketcap data Shows that Doge currently claims a total circulating supply of 148.88 billion. This means that if it reaches $ 10, the dogcoin value can claim the market cap of $ 1.48 trillion. It is worth noting that it will make memes more valuable than the coin Sampoorna Crypto MarketWhich is currently about $ 2.66 trillion.

If this price looks unrealistic to reach the target to reach $ 10 depending on the market cap of Dogge. However, such as crypto analysts Dogcapital has predicted The most important meme coin can reach this price level. In an X post recently, the analyst confirmed that Dogi could rally $ 10 or more.

Dogocine
Source: Dogecapital on X

In his analysis, he said that Dogocine price The green and red line is near the end of the region. He said that historically, entering the region often occurs at a significant speed. The analyst predicts the movement upwards that may begin at the beginning of the next month. Dogcapital warned that it does not guarantee immediate bounce in the beginning of the month and commented that the possibility of a strong move would increase over time.

Based on historical trends, the Crypto analyst predicted that the price of dogcoin could close the daily candle at around $ 11.71 on 31 December this year. He said that it cannot reflect the summit price during this cycle, as 4 in previous cycles have given 4th strong results. Dogcapital believes that the performance of Dogi in this cycle may be greater than its pre -achievements, especially “with increasing institutional interests, growing global adoption and technological progress.”

Dogi is ready to pump soon

Crypto analyst Trader tardigrad Echoed a similar sense as a dogcapital, predicting that the price of dogcoin would soon pump. The analyst suggested that Dogge was in the final stages of his pullback. He commented that the most important meme coin is showing the same features on the MACD and RSI as in the final stages of the previous pullback. Accordingly, he confirmed that the meme coin is set to pump soon as it is near the end of this pullback.

Crypto analyst Master cannabi Claimed that a dogcoin price breakout is expected to be within hours. Interestingly, in the follow -up of this prediction, he increased the possibility of Dogo rally to $ 15 based on a livemor formation on the chart of the Meme coin.

According to data from coinmarketcap, at the time of writing, the dogcoin price has been trading at $ 0.157, over 2% in the last 24 hours.

Dogocine
Doge Trading at $ 0.15 on 1D chart | Source: On dogusdt TradingView.com

Specially displayed image from Pixabay, chart from TradingView.com

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