Here is When Dogecoin Can Reach $10 If It Rises only 5% Monthly
The price of Dogecoin could rise to $10 within the next few years if DOGE experiences a steady growth of 5% monthly. The latest crypto market downturn has dealt a heavy blow to Dogecoin, causing its price to plunge by 6.13% over the past day. This saw the price of DOGE crash from the $0.18 mark to $0.1702. Despite the latest bloodbath, DOGE is still up 9.3% in the past seven days. Dogecoins Potential Surge to $10 Notably, market watchers are still optimistic about Dogecoins prospects. Some expect it to soar to an ambitious target of $10. Hitting the $10 target requires a surge of 5,775% from the current price. Several experts, including Ali Martinez, believe Dogecoin can achieve the $10 milestone. When Will 5% Monthly Gain Take DOGE to $10As this projection gains momentum, we estimated how long it would take Dogecoin to reach the $10 target if it records a monthly gain of 5%. We can estimate a 5% gain on DOGE by multiplying the current price of $0.1702 by 1.05%. Accordingly, if DOGEs price grows by 5% in May 2025, it will trade at $0.17871 by the end of the month. Another 5% growth in the following month would push the price to $0.18764 by June. Notably, Dogecoin would finally cross the $0.2 mark by August 2025. If this continues and DOGE records a minimum increase of 5%, its price would clinch the $10 target within the next 84 months or seven years. This implies that the price of DOGE would hit $10 by April 2032, so long as the firstborn meme coin records a monthly increase of 5%.
Text source: The Crypto Basic
