The 2025 crypto bull run is shaping to become one of the highest-grossing altcoin seasons on record. Just as NFTs marked the previous bull run of 2020-2021, meme coins are about to dominate the upcoming altcoin season. The rise of memes will be followed by increased volatility which could scare away smaller investors, but those who are ready to cope with the risks will likely enjoy massive returns.
As the meme coin leader, DOGE is likely to lead the rally, and could potentially reach a market cap of over $140 billion, which could push the price of tokens to nearly $1.
Can Dogecoin Really Hit $1 Before 2025?
As XRP and Cardano keep pushing to new all-time highs faster than expected, the altcoin season is officially in full swing. Investors are looking for crypto platforms that can keep the current momentum going, and most of them are now focusing on meme coins, with DOGE as their favorite option.
Dogecoin has already doubled in value in the past three weeks, reaching $0.4328 from the $0.15-0.20 price level where it was more or less stable for about six months. Its market cap also doubled, reaching an impressive $66 billion, which is the second-highest market cap it ever had. DOGE is currently spiking and is on its way to match and potentially surpass its previous ATH of $0,63 back in 2021. However, for it to hit $1, DOGE would need a market cap of over $141 billion, which might seem far-fetched, as the entire meme coin market is currently sitting at $121 billion.
That said, established analysts such as Ali Martinez predict that DOGE could rally past $1after the current price breakout, but it needs another rally of 115% to break the $1 price. If we look at the previous crypto rally, the numbers are not as impossible as you might think, but Dogecoin still needs a massive influx of capital to reach a new ATH. There are some challenges ahead, but if the situation keeps going the same way, Dogecoin could easily surpass $1, and potentially even $2 before the end of the ongoing bull run.
That said, a few emerging cryptos are preparing for a massive pump that could outperform DOGE in the short term, so let’s take a look at the projects surrounded with the most buzz in the past month.