If the global cryptocurrency market capitalization reaches $15 trillion, Dogecoin (DOGE) could surpass $250 billion.
Despite Dogecoin's origins as a meme, it remains one of the most prominent crypto assets in the market, valued at $61 billion. This market cap places it ahead of utility tokens like Cardano (ADA) and Tron (TRX).
As of the time of writing, Dogecoin's trading price is $0.4010, up 252% in the last 60 days, far exceeding the 45% growth rates of Ethereum and Solana. With nearly a year left in the ongoing cryptocurrency bull market, Dogecoin's performance is expected to become even more remarkable;
It is worth noting that the global cryptocurrency market cap is currently $3.65 trillion, with Dogecoin at $61 billion. This article explores Dogecoin's potential price and valuation in the event that the global market cap reaches $15 trillion.
Dogecoin Price at Global Market Cap of $15 Trillion
Notably, with a market cap of $61 billion, Dogecoin currently accounts for 1.67% of the global cryptocurrency market cap of $3.65 trillion. For the global cryptocurrency market to reach $15 trillion, it needs to grow by 310%.
Therefore, Dogecoin's market cap could reach around $250 billion, especially if this meme coin maintains its current dominance and circulating supply. In this scenario, a $250 billion market cap would translate to a price of $1.70 per Dogecoin.
For market participants holding Dogecoin at the current price, this would mean their portfolio would grow threefold. #狗狗币崛起