Dogecoin (DOGE) experienced an incredible price surge earlier this month. The price of the original memecoin skyrocketed after Donald Trump won the US presidential election. The surge was likely due to Elon Musk’s endorsement of Trump and Bitcoin (BTC) hitting a new record high. Musk is one of the most prominent DOGE supporters in the world. The price of the asset saw another surge after Trump green-lighted the creation of the Department of Government Efficiency (DOGE) as recommended by Musk.
Price volatility of Dogecoin
DOGE decreased by 0.9% in the last 24 hours. This drop may be due to Bitcoin (BTC) sliding below 91,000 dollars earlier this week. Despite the decline, Dogecoin (DOGE) still maintains some gains in other time frames. The memecoin increased by 2.8% on the weekly chart, 8.9% on the 14-day chart, and 133.3% compared to last month. The price of DOGE has also risen nearly 405% since the end of November 2023.
How much will the memecoin rise if Bitcoin reaches 150,000 dollars?
According to Changelly, Bitcoin (BTC) could reach the milestone of 150,000 dollars at some point in October 2026. The platform predicts that this asset will trade at a maximum price of 152,870.86 dollars in October 2026. Reaching 152,870.86 dollars from the current price would result in an increase of about 58.6%.
On the other hand, Changelly provides a rather pessimistic price prediction for DOGE in October 2026. The platform predicts that DOGE will trade at a maximum price of 0.32 dollars in October 2026. A drop to 0.32 dollars from the current price would equate to a decrease of about 20%.
DOGE could also rise higher than the current level if BTC reaches the milestone of 150,000 dollars. Many expect cryptocurrency regulations to be more lenient under Trump’s leadership. DOGE could reach new all-time highs under such conditions.
