Doge is known as the father of Meme Coin, is it possible for its price to be $10

[Rubel007]

Dogecoin originated as a joke but now its position is gradually reaching higher levels. It's only a meme coin but it's not ordinary coin anymore. Coinbase has already made an announcement that they intend to add Dogecoin to futures trading. Meanwhile, Dogecoin price surged nearly 17 percent as cryptocurrency news channel Cointelegraph published the news. If it goes live on after April 1, the price will go up even more.



In the meantime, various types of meme coins are constantly being added to the market. Some of the meme coins have skyrocketed in price due to the hype there, but fundamentally, Dgoecoin imposes a different approach than all other meme coins. While some meme coins will be lost in the long run, dogecoins will remain alive forever. The investor must determine the best project for investment.

In the long term do you think Dogecoin can become an asset worth $10 or more?

[AvatarSiri]

Dogecoin originated as a joke but now its position is gradually reaching higher levels. It's only a meme coin but it's not ordinary coin anymore. Coinbase has already made an announcement that they intend to add Dogecoin to futures trading. Meanwhile, Dogecoin price surged nearly 17 percent as cryptocurrency news channel Cointelegraph published the news. If it goes live on after April 1, the price will go up even more.



In the meantime, various types of meme coins are constantly being added to the market. Some of the meme coins have skyrocketed in price due to the hype there, but fundamentally, Dgoecoin imposes a different approach than all other meme coins. While some meme coins will be lost in the long run, dogecoins will remain alive forever. The investor must determine the best project for investment.

In the long term do you think Dogecoin can become an asset worth $10 or more?

Bruh I think the era of doge night be fading away. Solana memes are the real deal now. If you want to know more, check them out on Bitget memezone. Likes of SLERF, BENDOG is making waves..

[robelneo]

In the long term do you think Dogecoin can become an asset worth $10 or more?

It's possible, seven years ago I did not think that Doge would be hype and get the attention of the richest man on Earth but it did happen, and as long as Elon Musk backs Dogecoin it will continue to go to the moon, Dogecoin started the meme trend and we investors are more supportive of the originals more than the clones.
I expect more meme coins to be created on different chains, we are still in the meme era.

[bitbit97]

Come one people, be more realistic. A price of $1 seems to be achievable in future, but $10 with 143,539,316,383 coins in circulation today? It is normal to dream, but leave it just as a dream. Dogecoin can not even get closer to its ATH of 73 cents, and you talk about $10. If that would be a new meme coin, and if there were little coins in circulation, there might be a chance that it will be pumper 100 times. But since this meme coin is already old, nobody believes that it might pump so high again. At least not in our life. And btw, when was the last time dogecoin even get pumped? Think about that. When was the last time it gained 30-50%? And you ask if it would get 10000%?

[Mr. Magkaisa]

       -    if it ever happens that 10$ per one dogecoin, that means its marketcap will be higher than Bitcoin, that is, what you are saying is vague from the truth.

So when do you think dogecoin will be 10$ each? because if you think about this bull run that we are facing, it is probably only in our dreams that it is possible to happen for sure.

[electronicash]

$10 is a bit too much. i'm a doge holder for a long time but i wouldn't really expect doge to go that high. the ATH was 0.75$ which i was celebrating already while elon did the live SNL show. the next day everything crumbles.

but we might just be seeing that price again if institutions file Doge ETF lol i know its too much of an april fool prank but Coinbase is launching its Doge futures market.

https://www.coindesk.com/video/dogecoin-climbs-15percent-on-the-potential-for-futures/

[Ambatman]

       -    if it ever happens that 10$ per one dogecoin, that means its marketcap will be higher than Bitcoin, that is, what you are saying is vague from the truth.

That would only be possible if Bitcoin price remains stagnant which is unlikely.

Back to the question, Well in the crypto space anything can happen it might hit $10 if it survives to the next decades.  Let's not forget it lacks any utility and there exist and would exist more meme coin that are well better than its current level of development.  The only thing it has in it is Elon,  who I think would shift to a better coin later on or create his own.  So $10 is nigh impossible, doesn't mean there isn't any hope that it would.  But predicting with current information and development then Imo it wouldn't be able to, even a dollar might be an hurdle.

[damsix]

In the long term do you think Dogecoin can become an asset worth $10 or more?

You said "long term" and for this long term [of course we don't know when it will happen, it could be 5, 10, 15 or even 50 years into the future. Certainly that year we will not know if we are still alive or dead.
Just looking at the current condition of the DOGE coin, which is so extraordinary, it has a profit that so many supporters can make in the near future, reaching 1 USD.

For example, the current price of the DOGE coin is 0.1 - 0.2 USD and this proves that the DOGE coin can reach 10 USD in multiples of 10.
In the cryptocurrency space with a price increase of around 10x it is very easy because the DOGE coin does not have a benchmark that holds the price of the DOGE coin, maybe next year the DOGE coin can reach 1 USD.

But if you say and answer your words, if you have to reach 10 USD it might take a long time and during that time investors and traders are better off being Hodlers.
Also, need Quadrilion-Quadrilion of USD in market capacity DOGE if DOGE reaching 10 USD.

[bitbit97]

What in an Earth must happen for old meme coin, that has been already used many times as speculative asset and pumped multiple times, would increase 50 times more. It got pumped first because it was something new on the market. Nobody would imagine that people would pay so much for air. Then it was Elon Musk who has been mentioning it in his tweets, and that pushed the price 10 times. Now many consider Elon+Twitter as a combination of a fail, he no longer mention doge (and when he did that last time, dogecoin price barely change), and rarely talk about crypto. And after all that you expect dogecoin to cost $10? I would call it a bad joke

[Sim_card]

Doge coin have been there for a long time but the value is not increasing, because it has little demand in the market with high supply. $10 is like dreaming, because we might not live to see that happen. Elon was trying to hype doge coin, but it is like nobody got fooled this time. There are other meme coins that will do better than Doge coin in price, and will last long in the market.

[Sunderland]

Well ......
$10 per 1 doge means the marketcap must be over $1.4T while the Doge current marketcap now is around $22B.
If its just based on theory, yes, it certainly can be, but in reality it's unlikely to happen - ever.

I read about this hype back in November 2023 and someone/group raised it again last February on various social media, blogs, online news, etc.
Can't blame them either, because doge prices can only go up based on hype, hype and Elon.

[Rubel007]

Meme Coin has no use cases. But still the demand for meme coins are increasing and other good coins are not comparatively increasing. Exchanges like Binance now have a lot of meme coins. I also agree with the calculation you(@Sunderland) have shown that if the price of Doge is to be $10 then what level of market cap should it go to which is difficult to think about in the current market. But if we are talking about another 10 years from now then it will definitely not be unusual. Moreover, since it is the first meme coin, it is totally different. If there is ever an ETF offered on it or its hopes arise, this coin will definitely be recognised as a valuable coin.

[LogitechMouse]

~
But if we are talking about another 10 years from now then it will definitely not be unusual. Moreover, since it is the first meme coin, it is totally different. If there is ever an ETF offered on it or its hopes arise, this coin will definitely be recognised as a valuable coin.

10 years or 20 years, it will not happen.
First meme coin? Dogecoin ETF? Don't daydream large institutions will not make an ETF out of a meme coin. You already said that the coin doesn't any use case at all so why do you think that these institutions will make an ETF out of it?

Also, take note that DOGE is inflationary and yearly, 5 Billion new DOGE coins are being mined. That would affect the price of DOGE because of the increased supply, and if the demand isn't increasing, DOGE even at 1$ would be almost impossible to happen.

In short, it will not happen. I know that everything is possible in crypto, but at least let's be realistic sometimes.

[Aanuoluwatofunmi]

We cannot underestimate the capacity of how Dogecoin can perform, though currently, when we look at its market cap, we can see that it is by far away from many others because of it high market volume and capitalization, and during the bullrun season, we cannot predict anything much about this same coin on how far it can went to performance, we should just only try to invest and expect the best out of it, it can rise to any extent.

[salad daging]

Unless you wait over 20 years and at that time the bitcoin price is $1,000,000. I'm not sure Doge to $10 is in the near future even in 10 years.

Even I am expecting to $1 in the bullish now still pretty sure with the pump and hype of other trends but we never know once Coinbase filed a futures trade for dogecoin I don't think it will have a big impact.