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MainNewsDogecoin: Ho...

Dogecoin: How To Turn $1000 Worth Of DOGE Into $500,000?


by Paigambar Mohan Raj
for Watcher.Guru
Dogecoin: How To Turn $1000 Worth Of DOGE Into $500,000?

Dogecoin (DOGE)is one of the most successful and popular cryptocurrencies. The asset has turned several early investors into multi-millionaires. The asset’s price skyrocketed during the 2021 bull run, making waves in the crypto community.

Also Read: ADA Surges 25% in a Week: Ethereum Killer Gains Momentum with Whale Backing

How To Turn $1000 Worth Of Dogecoin Into $500,000?

Doge chart surge
Source: Watcher Guru

If you buy $1000 worth of DOGE, you will receive about 2631.57 coins. For 2631.57 coins to become $500,000, each coin has to reach about $190. For DOGE to reach $190 from current price levels, it has to rally by 49,990%.

Also Read: Jio Financial Shares Dips Below 299: Best Time to Buy?

Although the figure may seem significant, it is not something Dogecoin (DOGE) has not achieved before. Since May 2015, DOGE’s price has rallied by 443,860.9%. The asset could very well deliver similar results in a faster time.

When Will The Memecoin Hit $190?

According to Changelly, DOGE will not hit the $190 mark soon. The platform anticipates the memecoin to breach the $190 mark sometime after 2050. According to Changelly, DOGE will trade at a potential maximum price of $106.47 in December 2050.

Dogecoin price prediction
Source: Changelly

Telegaon also presents a similar picture for Dogecoin (DOGE). The platform predicts the memecoin will trade at a potential maximum price of $72.37 in 2040.

Doge price prediction
Source: Telegaon

There is a possibility that DOGE will hit the $190 target sooner than predicted. The asset may take off after the Department Of Government Efficiency (D.O.G.E.) commences work under Elon Musk and Vivek Ramaswamy’s leadership. President-elect Donald Trump is a vocal supporter of the cryptocurrency industry. We may witness the creation of a pro-crypto environment in the US under Trump’s leadership.

Also Read: Vivek Ramaswamy’s Strive Files To Launch “Bitcoin Bond” ETF

There is also a lot of talk about Dogecoin (DOGE) being in X’s payment feature. The move could lead to a significant adoption of DOGE. An increase in adoption could lead to a substantial price rally for the memecoin.

Read the article at Watcher.Guru

Read More

Dogecoin eyes $0.239 – Here’s what can help DOGE’s breakout

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Dogecoin consolidates near a key resistance level as metrics and whale moves support ...
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XRP and Dogecoin ETF rulings delayed – SEC sets June 17 deadline

DOGE struggles to reverse its short-term downtrend - Will the SEC ETF delay further c...
MainNewsDogecoin: Ho...

Dogecoin: How To Turn $1000 Worth Of DOGE Into $500,000?


by Paigambar Mohan Raj
for Watcher.Guru
Dogecoin: How To Turn $1000 Worth Of DOGE Into $500,000?

Dogecoin (DOGE)is one of the most successful and popular cryptocurrencies. The asset has turned several early investors into multi-millionaires. The asset’s price skyrocketed during the 2021 bull run, making waves in the crypto community.

Also Read: ADA Surges 25% in a Week: Ethereum Killer Gains Momentum with Whale Backing

How To Turn $1000 Worth Of Dogecoin Into $500,000?

Doge chart surge
Source: Watcher Guru

If you buy $1000 worth of DOGE, you will receive about 2631.57 coins. For 2631.57 coins to become $500,000, each coin has to reach about $190. For DOGE to reach $190 from current price levels, it has to rally by 49,990%.

Also Read: Jio Financial Shares Dips Below 299: Best Time to Buy?

Although the figure may seem significant, it is not something Dogecoin (DOGE) has not achieved before. Since May 2015, DOGE’s price has rallied by 443,860.9%. The asset could very well deliver similar results in a faster time.

When Will The Memecoin Hit $190?

According to Changelly, DOGE will not hit the $190 mark soon. The platform anticipates the memecoin to breach the $190 mark sometime after 2050. According to Changelly, DOGE will trade at a potential maximum price of $106.47 in December 2050.

Dogecoin price prediction
Source: Changelly

Telegaon also presents a similar picture for Dogecoin (DOGE). The platform predicts the memecoin will trade at a potential maximum price of $72.37 in 2040.

Doge price prediction
Source: Telegaon

There is a possibility that DOGE will hit the $190 target sooner than predicted. The asset may take off after the Department Of Government Efficiency (D.O.G.E.) commences work under Elon Musk and Vivek Ramaswamy’s leadership. President-elect Donald Trump is a vocal supporter of the cryptocurrency industry. We may witness the creation of a pro-crypto environment in the US under Trump’s leadership.

Also Read: Vivek Ramaswamy’s Strive Files To Launch “Bitcoin Bond” ETF

There is also a lot of talk about Dogecoin (DOGE) being in X’s payment feature. The move could lead to a significant adoption of DOGE. An increase in adoption could lead to a substantial price rally for the memecoin.

Read the article at Watcher.Guru

Read More

Dogecoin eyes $0.239 – Here’s what can help DOGE’s breakout

Dogecoin eyes $0.239 – Here’s what can help DOGE’s breakout

Dogecoin consolidates near a key resistance level as metrics and whale moves support ...
XRP and Dogecoin ETF rulings delayed – SEC sets June 17 deadline

XRP and Dogecoin ETF rulings delayed – SEC sets June 17 deadline

DOGE struggles to reverse its short-term downtrend - Will the SEC ETF delay further c...