Here’s How High Dogecoin Can Rise if DOGE Gets $50 Billion Daily Volume

Dogecoin, the first meme coin, has repeatedly shown its capacity for explosive price movements, often coinciding with spikes in trading volume.
Historical data reveals that each time Dogecoin (DOGE) sees a price surge, there is an accompanying rise in volume. As a result, understanding the relationship between volume and price could help in projecting what will happen if DOGE achieves a daily volume of $50 billion.
Historical Context Between DOGE’s Volume and PriceDogecoin reached its all-time high above $0.73 in May 2021, fueled by a surge in daily trading volume, which peaked at about $46 billion, according to market data from CoinMarketCap.
This massive rise was influenced by retail enthusiasm, celebrity endorsements like Elon Musk’s tweets, and market-wide euphoria. At its peak, Dogecoin’s market cap exceeded $98 billion, making it one of the top crypto assets by valuation at the time.
However, as DOGE dropped from the $0.73 peak, investor participation reduced, leading to an equal slump in trade volume. In recent times, Dogecoin’s 24-hour volume averaged $3.5 billion.
Nonetheless, this figure surged massively amid the latest election-induced increase in price. For context, Dogecoin spiked 177% from $0.1582 on Nov. 5 to a three-year peak of $0.4385 on Nov. 12. Within this period, volume rose beyond $19 billion and particularly hit a peak of $39.9 billion on Nov. 12.
Dogecoin Potential Price at $50B VolumeCurrently, Dogecoin trades at around $0.3945 with a 24-hour volume of $8.7 billion. This is in contrast to its 2021 heights, confirming the important role of volume in driving upward momentum.
When trading volume spikes, it typically signifies heightened interest and liquidity, which can amplify price movements, especially in speculative assets like DOGE.
The relationship between trading volume and price is not straightforward, as price is determined by supply and demand. However, we can make a simplified estimate based on the proportional increase in trading volume and assume that higher volume leads to higher prices due to increased demand.
Using this as a benchmark, If trading volume increases to $50 billion per day and we assume proportionality, the price of Dogecoin could rise to approximately $1.23 per coin.
The Price of $1.23 would imply a new market cap of roughly $212 billion, which would place Dogecoin among the most valuable cryptocurrencies. This would require significant, sustained interest and investment.
However, this would depend on several factors. The first is a rise in demand. Notably, higher trading volume often translates to rising demand. With $50 billion in daily activity, massive capital inflows could push prices higher, especially if new buyers enter the market.
However, the second factor is speculative momentum. Crypto assets thrive on speculation, and Dogecoin, as a meme token, benefits from social media buzz and community-driven hype. A volume surge could attract traders aiming to capitalize on short-term price spikes.
Also, greater liquidity from high volume can lead to sharper price movements, particularly if large transactions occur. If most of the volume consists of buy orders, upward pressure on DOGE’s price would be substantial.
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A young trader pulled off a pump-and-dump scheme on the coin called QUANT token, but the crypto community countered by rallying the token’s price.

Trader Live Streams Token Dump
A pump-and-dump coin created by an unidentified young trader saw its market capitalization continue to surge hours after he dumped his holdings on unsuspecting users. Although the trader is said to have pocketed $30,000 from the live-streamed dump, the crypto community, appalled by the Gen Z trader’s brazen antics, responded by pumping the coin.

A combination of a viral video on X showing the young trader celebrating and the community’s pumping efforts pushed QUANT’s market capitalization to $35 million. At this valuation, the value of the QUANT coins sold by the trader during the live stream reportedly exceeded $1 million. At the time of writing (Nov. 20, 4 pm EST), some social media users claimed the coin’s market capitalization had risen to $56 million, further highlighting the missed opportunity for the trader.
One social media user said the community’s decision to pump QUANT was intended to teach the Gen Z trader a lesson.
“Gen Z kid rugged a token live on video, on his pumpfun called Quant. We ran into him months ago and tried to support him on his journey in crypto. Turns out he’s a little d**chebag. The community is now mooning this to teach him a lesson,” the user explained.
However, some supporters of the young trader have countered, insisting that the coin would not have sparked interest if the live stream had not been watched by many users.
Most reactions to the viral video focused on the young trader’s overexcitement and the community’s revenge. However, claims that the trader made other attempts to rug users in the past have led some social media users to question the process of creating or launching digital assets on decentralized platforms.
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A Gen Z trader’s attempt to execute a pump-and-dump scheme with QUANT token backfired spectacularly when the crypto community rallied to pump the token’s market capitalization. Initially, the trader live-streamed the dump, earning $30,000 while dumping his holdings on unsuspecting investors. However, the viral video of his antics prompted an unexpected response, with the community driving QUANT’s value to $35 million, and later to an astonishing $56 million market cap.
Why This Turnaround Matters
1. Empowering the Community: The event showcases the strength of collective action in the crypto space, turning a negative situation into a growth opportunity for the token.
2. Increased Awareness: The viral incident attracted significant attention, elevating QUANT’s visibility and drawing more investors into the ecosystem.
3. Market Education: The community’s efforts served as a lesson against unethical practices, emphasizing the importance of integrity in crypto trading.
The Debate Around Decentralized Platforms
While many praised the community’s move to teach the trader a lesson, others pointed to broader concerns about the ease of creating tokens on decentralized platforms. The event has sparked discussions about the need for better safeguards to prevent future abuse.
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