What Happens If The Dogecoin Price Repeats Its Legendary 68,000% Run?
The post What Happens If The Dogecoin Price Repeats Its Legendary 68,000% Run? appeared on BitcoinEthereumNews.com. Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Glory has revealed what would happen if the Dogecoin price were to repeat its legendary 68,000% run in this market cycle. Such a run would put the foremost meme coin in double digits and make its market cap worth trillions of dollars. What Will Happen If The Dogecoin Price Repeats Its Historic Run In an X post, Glory stated that the Dogecoin price would be around $36 and its market cap above $5 trillion if it were to repeat its historical run from $0.001 to $0.74, leading to a gain of 68,000%. She suggested that such a massive run cannot be ruled out, as nobody saw the Bitcoin price surging to as high as $100,000. Based on DOGE’s current circulating supply, the Dogecoin price would have a market cap of $5.37 trillion if it were to reach $36. Meanwhile, the total crypto market only has a market cap of just under $3 trillion. This makes a repeat of this historic run almost impossible, considering what the meme coin’s market cap would be. However, crypto analysts such as DOGECAPITAL have predicted that the Dogecoin price could reach this $36 target and even rally higher. In one of his most recent X posts, DOGECAPITAL’s analysis showed that the meme coin could reach $69 by October this year. He indicated that this would mark the cycle top for Dogecoin. Source: DOGECAPITAL on X He also discussed the cycle tops in the 2017 and 2021 bull runs. In the 2017 bull run, there was an early and late cycle top, which occurred in 2017 and 2018, respectively. Meanwhile, in 2021, only an early-cycle top was observed for the Dogecoin price. DOGECAPITAL remarked that no early-cycle top has occurred in…
The post What Happens If The Dogecoin Price Repeats Its Legendary 68,000% Run? appeared on BitcoinEthereumNews.com.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Glory has revealed what would happen if the Dogecoin price were to repeat its legendary 68,000% run in this market cycle. Such a run would put the foremost meme coin in double digits and make its market cap worth trillions of dollars. What Will Happen If The Dogecoin Price Repeats Its Historic Run In an X post, Glory stated that the Dogecoin price would be around $36 and its market cap above $5 trillion if it were to repeat its historical run from $0.001 to $0.74, leading to a gain of 68,000%. She suggested that such a massive run cannot be ruled out, as nobody saw the Bitcoin price surging to as high as $100,000. Based on DOGE’s current circulating supply, the Dogecoin price would have a market cap of $5.37 trillion if it were to reach $36. Meanwhile, the total crypto market only has a market cap of just under $3 trillion. This makes a repeat of this historic run almost impossible, considering what the meme coin’s market cap would be. However, crypto analysts such as DOGECAPITAL have predicted that the Dogecoin price could reach this $36 target and even rally higher. In one of his most recent X posts, DOGECAPITAL’s analysis showed that the meme coin could reach $69 by October this year. He indicated that this would mark the cycle top for Dogecoin. Source: DOGECAPITAL on X He also discussed the cycle tops in the 2017 and 2021 bull runs. In the 2017 bull run, there was an early and late cycle top, which occurred in 2017 and 2018, respectively. Meanwhile, in 2021, only an early-cycle top was observed for the Dogecoin price. DOGECAPITAL remarked that no early-cycle top has occurred in…
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