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Ripple CEO Most Anticipated Interview on 60 Minutes Now Live

Lele Jima
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Ripple CEO Most Anticipated Interview on 60 Minutes Now Live

The highly anticipated 60 Minutes interview featuring Ripple CEO Brad Garlinghouse is now live. 

The interview aired yesterday, several weeks after Garlinghouse confirmed he would appear on the American television program. At the time, Garlinghouse pointed out that the program host, Margaret Brennan, interviewed him about crypto, especially how the industry has been advocating for regulatory clarity. 

Following the release of the interview, Garlinghouse emphasized that crypto made its debut on 60 Minutes and added that the technology will continue to go mainstream. 

Ripple CEO Frustrated with 60 Minutes Omission of XRP Legal Clarity 

However, he expressed frustration with how the program portrayed cryptocurrencies, while failing to mention important details about XRP and Ripple’s operations.  

Garlinghouse pointed out that during their discussion about the SEC v. Ripple lawsuit, the television program shockingly omitted a key development in the case, where a federal judge declared that XRP is not a security in itself. 

In the interview, Garlinghouse said he is a Harvard Business School alumnus with good knowledge about what constitutes securities. The Ripple CEO noted that he has never considered XRP to be a security.  

However, 60 Minutes immediately aired a segment of former SEC official John Reed Stark’s interview, in which he claimed that several U.S. judges believe cryptocurrencies are securities. 

Garlinghouse Refutes 60 Minutes Claim About Crypto 

In addition, the Ripple CEO refuted 60 Minutes’ claim about crypto, which suggested that the asset class has no utility. Interestingly, he compared these claims to those shared during the early days of the internet, when many indicated that the technology is mainly used to foster illicit activity.

He highlighted the shift in perception about blockchain among traditional financial institutions. Specifically, the Ripple CEO pointed out that American multinational financial institution JPMorgan Chase is embracing blockchain, the underlying technology behind cryptocurrencies. 

Furthermore, Garlingouse criticized 60 Minutes for not mentioning how Ripple is transforming global payments by facilitating billions of dollars’ worth of KYC-compliant transactions for its institutional clients. 

According to him, Ripple leverages XRP through its payment solution to move money cross-border more efficiently than traditional systems. 

Other Crypto Enthusiasts Criticize 60 Minutes 

Meanwhile, other crypto enthusiasts also slammed 60 Minutes’ for the interview with Garlinghouse, with many suggesting that the program made malicious claims about crypto. 

An X user accused the show of ‘setting up’ Garlinghouse in a bid to undermine crypto. The user suggested that 60 Minutes implied that crypto stole the last election through hefty donations. 

For context, 60 Minutes emphasized that crypto companies accounted for one-third of all direct corporate contributions to Super PACs in the last election. It pointed out that Ripple and two other crypto companies contributed $144 million to a Super PAC supporting pro-crypto candidates across Republican and Democratic Parties.   

Additionally, other X users described the 60 Minutes interview as a ‘hit piece’ orchestrated against cryptos by corporate media, driven by resentment over the outcome of the last election. 

Here are New Projected Timelines for Dogecoin to Hit $10, $20 or $30 as DOGE Spikes to $0.44

Sam Wisdom Raphael
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Amid the recent price run from Dogecoin, different entities have presented new projected timelines for the meme coin to reach ambitious targets.

Dogecoin (DOGE) has been one of the top performers in the ongoing market-wide upsurge that began on the back of the Donald Trump victory on Nov. 5. For context, DOGE traded at a price of $0.1595 on Nov. 3. However, as developments around the U.S. election gained steam, it spiked, closing November at $0.4416, a 164% gain.

Amid the bullish price momentum, several entities have projected new timelines for Dogecoin to claim some lofty targets. Previously, analysts predicted DOGE to claim ambitious heights. For instance, in October, Ali Martinez predicted a Dogecoin rally to $10. Meanwhile, market watcher Trader Tardigrade expects a possible run to $20.

Interestingly, Trader Tardigrade also presented a more audacious Dogecoin target in early October, when the token had not witnessed its recent uptrend. The analyst projected that DOGE could rally to a peak of $30 before facing correction.

New Projected Timelines for Dogecoin to Hit $10, $20 and $30

Amid its latest 164% spike, some market speculators have adjusted the possible timelines for Dogecoin to reach these targets. For instance, analysts at the crypto exchange platform Changelly believe that DOGE has immense potential. However, they do not expect it to reach $1 until January 2030.

Dogecoin Price Predictions Changelly
Dogecoin Price Predictions | Changelly

Further, these analysts see Dogecoin rising gradually as the year’s progress. According to them, Dogecoin could reach the $10 price in January 2040 and further grow exponentially to $20 in March 2040, two months later. They then expect DOGE to hit $30 a month after in April 2040.

ChatGPT and Grok AI Respond

Meanwhile, we queried AI chatbots ChatGPT and Grok on potential timelines for Dogecoin to reach the $10, $20 and $30 price levels. 

Notably, ChatGPT predicts Dogecoin could reach $10 by 2029–2034 under optimistic scenarios. According to ChatGPT, this requires rapid adoption, institutional support, and integration into global payments.

However, the chatbot’s moderate timeline for DOGE to reach $10 extends to 2035–2040, while it deems the price target unlikely under pessimistic conditions. This pessimistic scenario could be the case without massive changes to its supply mechanics.

For $20, ChatGPT suggests an optimistic timeline of 2035–2040, depending on revolutionary use cases and supply control. A moderate projection spans 2040–2045, while the pessimistic timeline places it beyond 2045.

Interestingly, ChatGPT forecasts an optimistic timeline of 2045–2055 for DOGE to reach $30, requiring Dogecoin to dominate global finance. The chatbot presents a moderate timeline beyond 2055 but believes the $30 price target is unlikely in a pessimistic scenario.

Nonetheless, Grok provides alternative views. For $10, sources suggest timelines ranging from 2025 to 2044. Predictions for $20 and $30 are sparse and often deemed improbable without extraordinary conditions. Grok references some analysts projecting speculative peaks but fails to provide detailed timelines.

Expert Says Ripple and XRP Could Serve as Strategic Weapons for the US

Lele Jima
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0
Expert Says Ripple and XRP Could Serve as Strategic Weapons for the US

Anders suggests that the United States could leverage Ripple’s expertise in cross-border payments and influence over XRP to position itself as a major leader in the finance and crypto sectors. 

The popular digital asset researcher made the assertion in a recent X post, emphasizing that the U.S. government could leverage Ripple and XRP as strategic weapons. 

Trump Plans to Make US Crypto Capital of the World 

It should be recalled that during his campaign, Donald Trump promised to make the United States the crypto capital of the world. To achieve this goal, the U.S. President-Elect revealed a number of initiatives he would introduce once he became president. 

This includes establishing a national Bitcoin stockpile, appointing a Crypto Czar to advocate for fair and transparent regulation for the industry, and keeping anti-crypto lawmakers away from the asset. 

Although Trump has not been inaugurated, he has made major moves to fulfill his campaign promises, like appointing David O. Sacks as crypto czar.  

Ripple Is Strategically Important to the US 

With Trump’s inauguration scheduled for January 20, Anders suggested that Ripple is strategically important to the United States to elevate the country as the global leader in the finance and crypto sectors. He highlighted three major factors to back this claim. 

Ripple Payment Solution 

According to the expert, Ripple has developed a cutting-edge business-to-business (B2B) system for cross-border payments. The expert emphasized that Ripple, a U.S.-based company, controls this innovative payment solution, potentially giving the country an edge in the sector. 

RLUSD Upcoming Launch 

In addition, Anders suggested that Ripple’s upcoming stablecoin RLUSD could potentially boost USD adoption among global financial institutions. It bears mentioning that Ripple is currently awaiting regulatory approval from the New York Department of Financial Services (NYDFS) to launch the stablecoin on Ethereum and XRP Ledger (XRPL) mainnets. 

Once launched, Standard Custody & Trust Company will issue the stablecoin on Ripple’s behalf to several exchanges for public use. Additionally, Ripple will integrate the stablecoin into its payment solutions, allowing its clients to use it alongside XRP for cross-border settlements. 

Ripple’s XRP Holdings 

Furthermore, Anders highlighted Ripple’s massive holding of XRP as another strategic weapon for the United States. According to the expert, Ripple holds around 45% of XRP’s total supply, positioning the U.S.-based company as the largest holder of XRP.  

He disclosed the importance of this feat by referencing one of Trump’s campaign promises, which involves supporting all U.S.-based crypto companies and tokens. 

Overall, the U.S. could leverage Ripple’s innovative payment solution, its XRP holdings, and its upcoming stablecoin as strategic weapons to maintain its leadership in the crypto and finance sectors. 

Researcher Explains How High-Priced XRP Could Bring Significant Benefits to Ripple and the Broader Ecosystem

Abdulkarim Abdulwahab
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Researcher Explains How High-Priced XRP Could Bring Significant Benefits to Ripple and the Broader Ecosystem

A recent tweet from digital asset researcher Anderson suggests that a high-priced XRP could have wide-reaching advantages for Ripple and the overall XRP ecosystem. 

Anderson outlined several key areas where a surge in XRP’s price could be transformative. First, he noted that a higher price for XRP would attract more attention to the cryptocurrency. 

As people discuss its rise, follow headlines and research top-performing assets, more individuals will learn about XRP, potentially leading to increased interest from investors and developers.

Attracting Builders to the XRPL Ecosystem

Furthermore, he argued that a surge in XRP’s value could also draw more developers and builders to the XRP Ledger ecosystem. Anderson points out that higher prices inspire more innovation and participation, which could drive new projects and services on the ledger.

Enhanced Partnership Opportunities for Ripple

Reflecting on the 2017 price surge, Anderson recalls Ripple CEO Brad Garlinghouse’s statement that banks began reaching out to Ripple as the value of XRP exploded. For context, in the 2017/2018 market, XRP soared by over 75,000%.

Anderson believes a similar price jump today could strengthen Ripple’s standing in the eyes of financial institutions, making it easier to secure new partnerships and enhance the company’s credibility.

Moreover, Ripple stands to benefit directly from a higher XRP price due to the substantial amount of XRP it holds. Notably, Ripple holds 42.86 billion in XRP in both escrow and spendable balance.  At the current price of XRP, this portfolio is worth over $104.6 billion.

In a scenario where XRP’s value expands to $15, the value of Ripple’s holdings will exceed half a trillion dollars. Essentially, as the price increases, Ripple’s financial position strengthens, allowing the company to expand its influence across various markets.

Wider Business Adoption of XRP

Beyond Ripple’s operations, a higher XRP price could prompt more businesses—both directly and indirectly linked to Ripple—to implement XRP in their services. This wider adoption could further solidify XRP’s position in the market as a utility token for various financial applications.

Improved Liquidity and Efficient Transfers

Meanwhile, one of the most significant advantages of a high-priced XRP is its impact on liquidity. As liquidity increases, XRP becomes more efficient as a bridge asset for global financial transfers. This particularly benefits Ripple’s payment service, On-Demand Liquidity (ODL, now Ripple Payments).

Anderson explained that the spread between buy and sell orders tightens with higher liquidity, making transfers cheaper and more stable.

Furthermore, Anderson compared XRP’s liquidity to currency pairs in Forex markets. In highly liquid markets, conversion rates are better for large and small transactions. 

Similarly, with increased liquidity, XRP’s efficiency as a bridge asset would improve, lowering the cost and volatility of all ODL transfers making it an even more attractive solution for cross-border payments.

In conclusion, Anderson emphasizes that a higher-priced XRP could create a ripple effect throughout the crypto and financial industries. It would benefit holders, Ripple, businesses, developers, and users by enhancing liquidity, increasing adoption, and driving new partnerships.

Analyst Identifies Timeline for Dogecoin to Begin Its Next Leg, Targets $3.8 to $4

Sam Wisdom Raphael
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Analyst Identifies Timeline for Dogecoin to Begin Its Next Leg, Targets $3.8 to $4

A market analyst has set a potential timeline for Dogecoin to begin its next leg up, setting ambitious price targets.

Dogecoin (DOGE) has entered an important phase following its impressive rally earlier in November, which saw prices soar to a multi-year peak of $0.48 on Nov. 23. The crypto asset has since experienced a pullback amid a broader market correction.

As Dogecoin now consolidates around $0.45, analysts believe the meme coin is currently building momentum to begin its next uptrend. With bullish momentum building, these analysts expect the next leg up to push DOGE to unprecedented highs.

Dogecoin Golden Pocket Targets $4

Lead Dogecoin analyst Kevin recently highlighted historical trends around Dogecoin’s price behavior. He drew parallels to earlier cycles and observed that after its initial major rally, Dogecoin consolidated for 24 days before embarking on another upward move. 

According to the analyst, if the current cycle follows a similar trajectory, he anticipates the next leg of the rally to begin by the end of this week. 

He projects a path toward the “macro golden pocket,” which he estimates to be between $3.80 and $4.00. However, Kevin tempered his optimism by acknowledging the ambitious nature of this prediction but maintained that achieving a new ATH by the end of December remains feasible.

DOGE Symmetrical Triangle and Bull Pennant

Meanwhile, market analyst Captain Faibik is also extremely bullish on Dogecoin. In his latest report, he confirmed that Dogecoin has continued to move within a symmetrical triangle pattern since early November. 

Interestingly, data from his 4-hour chart suggests that he expects a breakout from this pattern to trigger a massive 55% rally, comparable to previous upsurges. If this scenario unfolds, Dogecoin could reach a new multi-year peak of $0.70 in the short term. 

Dogecoin 4H Chart Captain Faibik
Dogecoin 4H Chart Captain Faibik

Also, Trader Tardigrade, another market watcher, sees bullish potential for Dogecoin, calling attention to a bullish pennant pattern on the charts. 

As Dogecoin approaches the edge of this formation, he predicts an imminent breakout. Tardigrade’s target for the rally is $1.35, a position above the $1 psychological mark. At press time, Dogecoin trades for $0.45, up 4.75% over the past 24 hours.

Top Analyst Reveals New XRP Profit Levels at $6.15 and $26.6 After Hitting 4 Targets

Sam Wisdom Raphael
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Top Analyst Reveals New XRP Profit Levels at $6.15 and $26.6 After Hitting 4 Targets

A market analyst confirms that XRP has claimed four of its previous price targets amid the recent uptrend, identifying levels to start taking profits.

XRP has been riding an impressive bullish wave following the Donald Trump election victory in early November. The token rallied by over 283% by the end of that month and maintained the upward push. 

The rally has continued into December, with XRP gaining an additional 24% despite a minor correction that saw its value dip from a $2.9 high to $2.42. Meanwhile, market analysts like Cryptobilbuwoo believe the rally is not yet over, anticipating further upside.  

XRP Parabolic Curve

In his recent analysis, Cryptobilbuwoo highlighted a parabolic curve pattern that appears to be guiding XRP’s recent price action. Interestingly, the analysis indicates that, as XRP soared from Nov. 5, it already achieved four major targets previously set by the analyst.

These targets include $0.64, which XRP breached on Nov. 12, and $0.915, which gave way on Nov. 16. Notably, XRP successfully claimed the $1.13 target on Nov. 17, and further went on to reach the $1.612 target on Nov. 23. 

Cryptobilbuwoo anticipates further upward momentum, identifying $3.3 as the next target. Beyond this, he has presented two targets of $6.15 and $26.6 with even more ambitious targets stretching as high as $589. According to him, $6.15 and $26.6 are the two profit-taking targets.

Data from his chart shows that the parabolic structure suggests a continuation of the upward trend, indicating strong buy-side momentum. However, XRP must maintain the $2 price level to sustain the bullish push.

Indicators Suggest Rally Remains Intact

Meanwhile, Levi, another prominent analyst, presented a comparison between XRP and Tesla’s stock. He noted that Tesla traded sideways for seven years before skyrocketing after resolving an SEC lawsuit. 

Levi argued that XRP exhibits a similar trajectory, having been “suppressed” for seven years due to its ongoing regulatory challenges with the SEC. Several other industry pundits also hold this sentiment.

XRP and Tesla Stock Comparison Levi
XRP and Tesla Stock Comparison | Levi

According to Levi, XRP could sustain its uptrend, potentially reaching new all-time highs. The analyst noted the importance of patience, suggesting that long-term holders could reap substantial rewards as the market unfolds.  

Also, market commentator Harry revealed that XRP has yet to retest its monthly breakout levels, which remain important support zones. Currently, XRP is trading between its 2017 weekly and monthly all-time highs.  

Harry confirmed the importance of mounting buy-side pressure and a consolidation pattern forming a flag. If the flag breaks to the upside, he predicts a sharp rally to new heights. At press time, XRP changes hands at $2.43, having gained 3.8% over the past 24 hours.

Expert Says Shiba Inu Breaking Out of Three-Year Downtrend, Next Stop All-Time High

Abdulkarim Abdulwahab
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Expert Says Shiba Inu Breaking Out of Three-Year Downtrend, Next Stop All-Time High

A widely followed technical analyst has boldly declared that Shiba Inu is now breaking out of its extended three-year downtrend, setting its sights on an all-time high run.

Notably, the price of Shiba Inu is experiencing significant improvement in December, unlike last month when it lagged behind the broader bull run in meme coins. In November, top meme coins like Dogecoin came close to breaking their previous cycle peaks. Others, like BONK, even set a new all-time high.

However, Shiba Inu only broke a six-month high in the $0.00003 range. Analysts believe this lackluster trend in SHIB is now coming to an end.

Shiba Inu Breaking Out of Three-Year Downtrend

In a post on X, “The Krypto King” highlighted that Shiba Inu’s downtrend, which began in late 2021, is now ending. According to the analyst, SHIB is breaking out of this three-year period of trading below its all-time high.

This market watcher is projecting a major wave that could drive Shiba Inu up by at least 178%, adding $0.00005602 to Shiba Inu’s market value. This would elevate Shiba Inu’s value to the size of its all-time high of $0.00008645.

Image
Shiba Inu chart by The Krypto King

SHIB Recent Price Action

Notably, on the day of this projection, Shiba Inu traded at a low of $0.0000267 but rallied by 24% to $0.000038 that same day. However, the price of SHIB later dipped to $0.000027 but is currently back in the $0.00003 range.

At press time, Shiba Inu boasts a weekly gain of 15%, trading at $0.000031. This makes it the best-performing meme coin among prominent rivals like Dogecoin, PEPE, FLOKI, and BONK, all of which are seeing weekly gains below 4%.

Shiba Inu’s Upcoming Move

Notably, “The Krypto King’s” prediction that Shiba Inu is about to make a major move to the upside is widely shared among other market watchers. Some analysts are drawing inspiration for SHIB’s surge from Ethereum’s ongoing bullish performance.

Commentators like “JD Updates” argue that now that Ethereum has finally broken through the long-standing resistance at $4,000, Shiba Inu could be poised to make a significant move.

Shiba Inu’s Road to ATH

Some market commentators suggest that Shiba Inu’s run to surpass its all-time high will begin once it breaks the stubborn resistance at $0.000033. Notably, SHIB faced rejection shortly after touching $0.00003 on December 1.

Meanwhile, community analyst SHIB KNIGHT argued that Shiba Inu could follow a low but steady uptrend pattern, targeting a 29% pump to $0.00004. From this point, Shiba Inu is expected to target even more ambitious levels, potentially surpassing its all-time high.

Expert Explains How the Ripple RLUSD Stablecoin Could Propel XRP Prices  

Sam Wisdom Raphael
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Expert Explains How the Ripple RLUSD Stablecoin Could Propel XRP Prices  

A market pundit has recently presented how the forthcoming Ripple stablecoin RLUSD could help boost XRP prices.

Ripple’s stablecoin, RLUSD, is poised for launch before the end of this month, pending regulatory approval from New York authorities. While reports suggested a launch three days back, Ripple has debunked these, confirming that it is still awaiting approval.

Meanwhile, speculation around RLUSD has triggered discussions about its potential impact on XRP, with Lakeita Powell, a market observer, recently presenting theories about how this development could influence its price trajectory.  

RLUSD as a Stable Medium for Transactions  

The commentary noted that a key advantage of RLUSD lies in its ability to minimize volatility during XRP transactions. Traditionally, institutions and banks use fiat currencies, like the US Dollar, to acquire XRP. 

These transactions can be subject to currency fluctuations, which add complexity and risk. However, by using RLUSD as a stable intermediary, institutions can execute large-scale purchases of XRP without worrying about sudden value shifts. 

Boosting XRP Liquidity and Clearing Order Books  

The theory then identified RLUSD’s potential to enhance liquidity in the XRP market. Large-scale XRP purchases using RLUSD could clear significant portions of exchange order books. 

For instance, if a bank deposits $1 billion in RLUSD and uses it to buy XRP, the stablecoin could sequentially exhaust sell orders at lower price levels. This process moves the price upward as lower-priced XRP becomes unavailable, driving the market toward higher price points.  

Interestingly, this scenario could create a rapid escalation in XRP prices, particularly if institutions place sizable buy orders. The reduced availability of cheaper XRP increases demand, establishing higher baseline prices in the order book.    

As XRP prices climb, the utility and demand for the asset remain intact due to its inherent benefits, including speed and cost efficiency for international payments. 

Notably, RLUSD would facilitate these transactions, providing a stable mechanism to support ongoing XRP adoption. This could encourage more institutions to utilize XRP, supporting demand and price appreciation.  

Example Scenario

In the commentary, the pundit presented a particular scenario that demonstrates this theory. Interestingly, in this scenario, a bank deposits $1 billion into RLUSD, holding it in an exchange or a Ripple-supported wallet.  

After this, the bank then uses RLUSD to purchase XRP. Starting with lower-priced orders, it clears a significant portion of the order book, driving the price from $0.50 to $5 or more. Nonetheless, now that XRP trades for $2.4, these buys could start above $2 and increase from there.

Once XRP reaches higher price levels, these prices set a new baseline, as the lower-priced supply is exhausted.  Further, the bank then leverages XRP for international payments. RLUSD remains the stable medium for these activities, as it ensures the system’s efficiency.  

Solana’s Pump.fun Cuts Ties with UK Users Amid Regulatory Roadblock

Elendu Benedict
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Solana’s Pump.fun Cuts Ties with UK Users Amid Regulatory Roadblock

Meme coin deployer Pump.fun has restricted site access to UK users, citing a regulatory roadblock amidst a scam flag from the UK’s top market watchdog.

Pump.fun again attracted the crypto community’s attention for adverse reasons earlier in the week. This time, the UK’s top financial regulator flagged the meme coin deployer as a fraudulent firm operating without permission.

In a December 3 update, the United Kingdom’s Financial Conduct Authority (FCA) announced that Solana-based Pump.fun is operating illegally in the country. On this premise, the agency issued a stop-and-desist warrant to UK crypto traders using the protocol.

Pump.fun Now Inaccessible to UK Users

Notably, the FCA stated that it does not authorize Pump.fun’s existence in the UK, insisting it is targeting users in the country. As a result, it urged residents to desist from using it and inferred that continued utility would mean UK financial laws do not protect them.

Meanwhile, Pump.fun has restricted UK users from accessing its platform. Although the firm has not officially confirmed the move, multiple sources disclosed that users with UK IPs cannot access the meme coin deployer’s protocol at the time of writing.

Pumpfun UK Restriction
Pumpfun UK Restriction

The recent development comes shortly after similar moves occurred in other jurisdictions. Pump.fun stated in its terms of service that certain countries, including Cuba, Iran, Syria, North Korea, and Russia, cannot use the protocol due to prohibitions by the UK, US, and European Union.

The Pump.fun Controversy Drags On

Notably, the Solana-based protocol has recently been in the midst of growing controversies. Speculations made the rounds earlier last week about the heightened explicit content users of the protocol display to promote their tokens.

The latest development drew criticisms from the crypto community, with many users indicating that the Pump.fun craze has reached inhuman levels. Notably, the protocol temporarily halted its livestream feature in an attempt to manage the issue.

Notwithstanding, Pump.fun remains one of the fastest-growing crypto innovations. The platform became the fastest crypto protocol to cross $100 million in fee revenue, achieving the milestone in a record 217 days.

Data from Dune shows that Pump.fun has now generated $291 million since March 1, signaling heightened user traction toward the platform. Notably, Pump.fun has repeatedly cashed in some profits, liquidating 40,000 SOL ($6.25 million then) in its latest sales.

Here is Dogecoin Price If Its Market Cap Hits $1 Trillion

Lele Jima
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0

The price of Dogecoin could surge to an unprecedented level if DOGE attains a market capitalization of $1 trillion. 

Dogecoin has not registered any major surge since its incredible performance last month. Recall that the asset was among the early beneficiaries of the latest bull run. 

It outperformed Bitcoin’s (BTC) performance in the early phase of the rally, soaring 124.9% from $0.1907 to $0.4289 in one week. Dogecoin achieved this spectacular feat between November 7 and November 12, 2024. However, the token has been hovering within the $0.4 territory ever since. 

Currently, Dogecoin is priced at $0.4331, and its market capitalization is $63.72 billion, positioning it as the seventh biggest crypto on CoinMarketCap. 

Here’s Dogecoin Price If Its Market Cap Hits $1T 

Notably, Dogecoin proponents are optimistic about the asset’s potential, with many projecting a possible spike to a hefty market cap of $1 trillion. As this forecast gains momentum, we analyzed how much DOGE could be if its valuation hits a jaw-dropping milestone of $1 trillion. 

Achieving a market cap of $1 trillion would automatically position Dogecoin as the second-biggest cryptocurrency, as this valuation surpasses Ethereum’s market cap of $480.65 billion. 

Notably, Dogecoin must surge by 1,469% from its current valuation of $63.72 billion to hit a market cap of $1 trillion. Applying this growth rate to the current price would see DOGE trade at $6.79 per token, assuming its circulating supply of 147.10 billion remains relatively stable. 

Therefore, if Dogecoin hits a market cap of $1 trillion, its price would be around $6.79. This suggests that a portfolio of 1 million DOGE, currently worth $433,100, would skyrocket to $6.79 million if the $1 trillion market cap becomes a reality. 

Potential Timelines for Dogecoin Surge to $6.79  

Interestingly, experts at Changelly, CoinCodex, and Telegaon have set different timelines for Dogecoin’s potential surge to the $6 territory. 

While Changelly expects Dogecoin to hit the $6.79 target between 2034 and 2039, CoinCodex set a time frame of 2041 – 2049 for DOGE to achieve the milestone.

Furthermore, Telegaon predicts that the price of Dogecoin will soar to around $6.79 between 2031 and 2034, within seven to ten years from now. 

Whether Dogecoin can hit the $6.79 target within the projected time frames remains unclear. However, reaching the target requires the alignment of several factors, including the widespread adoption of Dogecoin for investment and payment purposes. This can be driven by Elon Musk’s continuous endorsement of the token. 

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