🔥🔥🔥 #DogecoinPrice Prediction as DOGE Approaches #usdc Market Cap – $1 Incoming?
As Dogecoin (DOGE) aims for $0.20 amid Bitcoin's momentum and slowing #gbtc outflows, its market cap nears USDC's.
Dogecoin's market cap is around $27.8 billion, close to USDC's $32 billion. DOGE must surpass $0.22 to overtake USDC, potentially retesting $0.23 highs.
This milestone symbolizes meme coins' enduring presence in crypto amid Bitcoin's potential breakout.
Speculation about DOGE reaching $1 may intensify if it surpasses $0.23 and overtakes USDC. Achieving 5x growth is feasible in this bull market.
For instance, if Bitcoin exceeds $100,000, Dogecoin's market cap needs to reach $144 billion for $1, constituting about 7% of Bitcoin's market cap.
Considering a 40% decline in Bitcoin's dominance, with its market cap surpassing $2 trillion, the total crypto market cap could reach $3 trillion. DOGE at $144 billion would represent less than 5% of this.
For higher potential returns, Sponge ($SPONGE) is a promising meme coin. With a market cap of $80 million, Sponge presents a potential 50x gain opportunity. With passive income and a P2E game, Sponge attracts investors.
As Sponge prepares for larger exchange listings and utility expansion, it offers significant upside potential for savvy investors in the volatile meme coin space.
Source - cryptonews.com