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Analyst Shares Base Case for XRP, Identifies Where to Take Long Positions

Sam Wisdom Raphael
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Analyst Shares Base Case for XRP, Identifies Where to Take Long Positions

CryptoInsightUK, a prominent market analyst, has shared what his base case for XRP is in the short term, identifying where he’ll be taking a long position.

His latest disclosure comes on the back of the ongoing market turbulence triggered by concerns around potential trade wars and other macroeconomic fears. Notably, XRP has continued to face challenges, especially after the 34% spike on March 2 following President Donald Trump’s Strategic Reserve announcement.

XRP Retracing 34% Upsurge

After that spike, XRP collapsed by a massive 18.79% on Monday, March 3, giving up most of the gains picked up the previous day. The asset is struggling to recover some of the lost values, but the bears have not made this rebound easy. 

Notably, as XRP began its crash later in the day on March 2, CryptoInsightUK called attention to the 4-hour chart that day, suggesting that the bearish price action might continue for some time. At the time, XRP still held above the $2.6 price level. However, the analyst suggested that further drops below this level would ensue.

He pointed to the massive uptrend from earlier in the day, which led to the formation of three large 4-hour green candles. According to him, the market typically drops after such large green candles and in some cases, the asset will fully retrace the gains from such upsurge. As a result, he expected further declines for XRP.

XRP 4h Chart CryptoInsightUK
XRP 4h Chart | CryptoInsightUK

CryptoInsightUK predicted that XRP would pull back to the $2.3 region, after which he plans to take a long position at this price level. However, he noted that after this drop, XRP could witness another impressive rebound to greater heights.

XRP Following Bitcoin Price Action 

His idea that this decline would materialize came from an observation of a similar price action from Bitcoin (BTC) last year.

Notably, at the time, BTC first dropped to a low of $49,647 on Aug. 5, 2024, and then recovered. However, this recovery led to another pullback, leading to a higher low of $52,546 on Sept. 4, 2024, within the range of the previous low. After this higher low, BTC rose, pulled back a bit and then skyrocketed.

Bitcoin 4h Chart CryptoInsightUK
Bitcoin 4h Chart | CryptoInsightUK

Interestingly, XRP appears to be following this price pattern. For context, XRP observed its first low when it dropped to $1.7 on Feb. 3 amid a broader market downturn. After the recovery that followed, the asset witnessed a higher low when it declined to $1.95 on Feb. 28. 

Now, CryptoInsightUK believes the March 2 uptrend is the initial upsurge, after which a pullback would occur, like in the case of Bitcoin, before XRP eventually explodes. This pullback has just materialized as predicted, with XRP dropping to $2.2 on March 4. 

If XRP continues to follow the analyst’s prediction, then a recovery from this pullback could lead to an explosive price surge. So far, XRP has recovered but this price surge is yet to materialize. CryptoInsightUK’s projection, while unspecified, suggests a run to the $4 range could be possible. According to him, this is his base case.

Here is How High Dogecoin Can Rise if BTC Reaches $500K, $1.5M, or $13M

Lele Jima
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Dogecoin could set new ATHs if it maintains its correlation with Bitcoin and BTC and subsequently hits loftier targets like $500,000, $1.5 million, or $13 million.

Dogecoin has closely followed Bitcoin’s price trends in previous bull cycles, often surging during major BTC rallies and vice versa. Interestingly, DOGE still maintains a strong correlation with Bitcoin, as reflected in IntoTheBlock’s correlation matrix. 

According to the data, DOGE has a 97% correlation with Bitcoin over the past 30 days and 95% over the past two months. This indicates that Bitcoin’s performance strongly influences DOGE’s price actions. 

Dogecoin correlation with Bitcoin
Dogecoin correlation with Bitcoin

Notably, Dogecoin’s correlation with Bitcoin is also evident in the asset’s growth rate over the past 24 hours. While DOGE was down 5.9% in the past day to $0.19, Bitcoin was down 4.74% in the same timeframe to $87,759. 

Bitcoin Potential Surge to $500K, $1.5M, and $13M 

Interestingly, DOGE is expected to maintain its close correlation with Bitcoin, surging to unprecedented levels when BTC hits loftier targets like $500,000, $1.5 million, or $13 million. 

For context, prominent financial entities and experts set these audacious targets. In particular, Bloomberg forecasted that Bitcoin would hit $500,000 in the long term, driven by strong institutional adoption and a halving supply shock. 

To hit the $500,000 target, a surge of 491.3% from the current price is required. This could potentially increase Bitcoin’s market cap to $9.91 trillion.  

Cathie Wood’s Ark Invest set the $1.5 million Bitcoin target, representing a surge of 1,673% from the current price. According to the leading asset manager, Bitcoin will hit the target by 2030, potentially taking its market cap to $29.74 trillion. 

The asset manager speculated that certain factors, such as regulatory clarity, ETF growth, and institutional adoption of BTC, will drive Bitcoin’s price to this target. 

Furthermore, Michael Saylor, the executive chairman of MicroStrategy (now Strategy), predicts that Bitcoin will hit an ambitious target of $13 million or a market cap of $257.8 trillion by 2045, representing a 15,273% surge. 

Saylor envisions government and corporate clients adopting Bitcoin by 2045, positioning the coin as a superior form of money. 

Dogecoin Relativity With Bitcoin 

Notably, Bitcoin largely influences Dogecoin’s price action, implying that the value of DOGE will spike if BTC hits these ambitious targets. To understand the extent to which DOGE will surge if BTC hits these targets, we must ascertain Dogecoin’s market cap relative to Bitcoin’s. 

Currently, Bitcoin’s market cap is $1.67 trillion, while Dogecoin’s valuation is $29.93 billion, putting its relative factor at 1.79%. 

This indicates that Dogecoin’s market cap represents 1.79% of Bitcoin’s valuation. Therefore, we will use the 1.79% relative factor to estimate DOGE’s future market cap and price in relation to Bitcoin’s projected market cap. 

DOGE Price If Bitcoin Hits $500K, $1.5M, or $13M 

As mentioned above, Bitcoin’s market cap will soar to $9.91 trillion, $29.74 trillion, or $257.8 trillion if the BTC price soars to $500,000, $1.5 million, or $13 million, respectively. 

Therefore, at a $9.91 trillion Bitcoin market cap, Dogecoin’s valuation will hit approximately $177.39 billion due to its relative factor of 1.79%. At this valuation, DOGE will be worth $1.19 per token, assuming its circulating supply of 148.24 billion tokens remains stable.

At a $1.5 million price or $29.74 trillion valuation for Bitcoin, DOGE’s market cap will soar to $532.34 billion due to its 1.79% relative factor. This valuation will take DOGE’s price to $3.59 per token. 

Lastly, assuming Dogecoin maintains its 1.79% relativity with Bitcoin, its market cap will soar to a whopping $4.61 trillion if Bitcoin hits an ambitious target of $13 million or $257.8 trillion. At a $4.61 trillion market cap, a unit of DOGE will trade at $31.09. 

Can Dogecoin Hit $1.19, $3.59, or $31.09 

Notably, hitting any of these targets would mark a new all-time high for Dogecoin. Several experts, including analysts at Changelly, believe these targets are realistic. 

According to Changelly experts, DOGE will hit the $1.19, $3.59, and $31.09 price targets by March 2031, October 2033, and April 2040, respectively. 

Despite this speculation, it is imperative to exercise caution, as nothing is guaranteed in the crypto market. Nonetheless, factors such as Dogecoin’s continued celebrity endorsements as well as institutional and nation-state adoption of DOGE could propel the asset to loftier targets, like the ones highlighted in this article. 

Top Brazilian Public Firm Adopts Bitcoin in Treasury Strategy, Allocates 10% of Cash Reserves to BTC

Albert Brown
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Top Brazilian Public Firm Adopts Bitcoin in Treasury Strategy, Allocates 10% of Cash Reserves to BTC

Méliuz has become the first publicly traded Brazilian company to announce a new treasury strategy involving Bitcoin investments.

The Board of Directors has approved a policy shift allowing Bitcoin to become a key treasury asset. This move includes purchasing Bitcoin and forming a dedicated committee to oversee its integration.

Méliuz Implements Bitcoin Treasury Strategy

The company’s Board of Directors has approved changes to its liquidity management approach, renaming it the Financial Applications Policy. Under this new framework, up to 10% of the company’s total cash reserves can be allocated to Bitcoin.

The strategy seeks long-term returns while ensuring operational feasibility. As part of this initiative, a Strategic Bitcoin Committee has been established to evaluate expansion opportunities and define governance measures.

To align with the updated policy, Méliuz has already acquired 45.72 Bitcoin for approximately $4.1 million. The company secured the crypto at an average price of $90,296.11 per Bitcoin. The transaction marks a tangible step toward integrating digital assets into its financial structure.

Board Requests Feasibility Analysis for Expansion

Beyond the initial acquisition, the Board of Directors has instructed the Executive Board to assess the potential for further investment. This evaluation will consider making Bitcoin the company’s primary strategic treasury asset.

The study will also explore methods to generate additional Bitcoin value for shareholders. Possible approaches include strategic cash allocation and optimizing operational cash flow.

Additionally, the company will examine necessary modifications to corporate policies and internal procedures. This review will cover governance structures and risk management frameworks to support potential investment growth. These efforts aim to create a structured approach to Bitcoin adoption within the treasury.

Future Developments 

Méliuz plans to disclose further details once the assessment is complete. The company anticipates finalizing these definitions within the next 45 to 60 days. An internal study has been attached to the latest announcement, offering insights into decision-making.

The company’s leadership views Bitcoin reserves as a potential tool for enhancing value. The strategy reflects a broader effort to strengthen financial positioning while maintaining a structured approach to treasury management.

Crypto Czar David Sacks Says US Government Lost $17B By Failing to Have Long-Term Bitcoin Strategy

Mark Brennan
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Crypto Czar David Sacks Says US Government Lost $17B By Failing to Have Long-Term Bitcoin Strategy

White House Crypto Czar David Sacks has noted that the United States forfeited over $17 billion due to a short-sighted view on Bitcoin.

Sacks shared this sentiment on X today, emphasizing the significance of the ongoing discussion regarding the establishment of a national crypto reserve in the U.S.

Specifically, he pointed out that the U.S. had liquidated over 195,000 BTC tokens in the last ten years for proceeds totaling only $366 million.

Over this ten-year period, the price of Bitcoin continued to soar, rising from a few hundred dollars to the six-figure range. In hindsight, Sacks noted that if the government had held on to the Bitcoin tokens, it could be sitting on a stash worth $17 billion today.

“That’s how much it has cost American taxpayers not to have a long-term strategy,” Sacks remarked.

US Government Bitcoin Sales

Notably, the BTC tokens the government has liquidated over the last decade were crypto assets seized by law enforcement. This included Bitcoin from the infamous dark web portal, Silk Road.

The source Sacks cited shows that the U.S. government’s earliest sale occurred in June 2014 when it liquidated 29,657 BTC at $632 per coin. Meanwhile, as of today, 11 years later, these coins would be worth over $2.7 billion.

The U.S. government’s largest Bitcoin sales on record includes 50,000 BTC tokens sold in December 2014 and March 2015. Both were exchanged for just $32.5 million. Today, those same tokens would be worth around $9.1 billion.

According to the report, the government’s most recent sale occurred in March 2023, exchanging 9,861 BTC for $215 million, or $21,800 per token.

Despite these massive sales over the years, the U.S. government still holds 198,109 BTC tokens worth over $17.72 billion. It also holds Ethereum tokens worth $124 million. Other assets include USDT, BNB, USDC, DAI, and TRX, all valued in the multi-millions of dollars.

Collectively, its portfolio is worth $18.12 billion, according to Arkham data. However, the value could have been much higher if the government had avoided periodic sales.

Road to Bitcoin Reserve

Given the financial loss and the potential benefits of retaining a Bitcoin portfolio, the U.S. is now pursuing efforts to establish a reserve. 

Ongoing efforts include the presidential committee advising the president on the benefits of a national crypto reserve. This committee is headed by Sacks. Additionally, the White House is hosting an inaugural crypto summit tomorrow. One of the main agenda items is the proposed crypto reserve.

Some considerations include consolidating the crypto assets the government already holds into a national reserve. Others involve leveraging some of its gold reserves to make fresh acquisitions. However, the matter remains under deliberation, and no final decisions have been made.

Trump-Inspired World Liberty Financial to Add Sui as Strategic Reserve Asset

Mark Brennan
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Trump-Inspired World Liberty Financial to Add Sui as Strategic Reserve Asset

Fast-growing layer-1 network Sui has formed a partnership with World Liberty Financial, the DeFi protocol inspired by President Donald Trump. 

As part of the collaboration, WLFI plans to incorporate Sui into its strategic token reserve, designed to support leading Web3 projects. The announcement, initially shared on X, notes a shared commitment to decentralization and financial transparency between the two entities.  

WLFI Eyes Sui for Strategic Token Reserve  

Per a press release, the partnership marks an important milestone for both WLFI and Sui. WLFI’s strategic reserve, known as “Macro Strategy,” looks to strengthen top-tier crypto assets. For context, the Trump-inspired DeFi project launched Macro Strategy last month.

While the initiative has previously focused on major cryptocurrencies like Ethereum, this collaboration brings Sui into the conversation as a potential addition to the reserve.  

Speaking on the collaboration, Donald Trump’s son Eric Trump, who serves as a Web3 ambassador for WLFI, expressed excitement, spotlighting Sui’s strong technological foundation and its alignment with WLFI’s mission to expand decentralized finance in the United States. 

Meanwhile, Zak Folkman, co-founder of WLFI, also praised Sui’s innovation and adoption, calling it a natural fit for their objectives. “We chose Sui for its American-born innovation combined with impressive scale and adoption,” Folkman noted.

Although WLFI has announced its intention to include Sui in its strategic reserve, it remains unclear whether the entity has started acquiring the asset. 

In the past, WLFI has procured various crypto assets, with a particular focus on Ethereum, but this would be its first involvement with Sui. However, the partnership suggests that Sui could become a more significant part of WLFI’s future financial strategy.  

Sui’s Growing Influence in the Crypto Scene  

Notably, the collaboration comes when Sui has been gaining considerable traction in the blockchain industry. In recent months, Sui has surpassed $70 billion in DEX trading volume and has welcomed over 67 million accounts amid growing institutional appeal.

Christian Thompson, managing director at Sui, stressed the importance of the partnership on X, stating that WLFI has chosen Sui as its preferred American blockchain. He noted that adding Sui to WLFI’s treasury reflects confidence in the network’s speed, security, and accessibility. 

Moreover, he confirmed advanced discussions between the two teams regarding deeper integrations across WLFI’s DeFi and centralized finance (CeFi) initiatives, indicating potential further collaboration.  

No Connection to the US Government’s Strategic Crypto Reserve  

While WLFI’s strategic reserve looks to support major crypto assets, it is important to distinguish it from the U.S. government’s recent initiative. 

Over the weekend, President Donald Trump announced plans for a national strategic cryptocurrency reserve that would include Bitcoin, Ethereum, XRP, Solana, and Cardano. 

Notably, despite WLFI being inspired by Trump, its reserve is an independent initiative with no affiliation to the U.S. government’s strategy.  

Bhutan Prime Minister Shares How Country’s Bitcoin Reserve Has Funded Social Amenities and Salaries

Mark Brennan
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Bhutan Prime Minister Shares How Country’s Bitcoin Reserve Has Funded Social Amenities and Salaries

The Prime Minister of Bhutan sheds light on how the country’s Bitcoin reserve has benefited the people.

While all the focus these days is on U.S. President Donald Trump’s Bitcoin strategic reserve plans, a number of countries have already happened on this so-called digital gold. 

One of these countries is the Kingdom of Bhutan. The country has been leveraging its abundant water resources to mine Bitcoin since at least 2019. It is currently the fifth largest holder of the asset amongst nation-states, with 13,029 BTC worth over $1.1 billion at the time of writing.

Recently, the country’s prime minister has shed light on how this reserve has benefited the people.

“A Strategic Reserve”

Speaking to Al Jazeera in a roughly three-minute clip shared by the news channel on Thursday, March 6, Bhutanese Prime Minister Tshering Tobgay described Bitcoin as “a strategic reserve” for Bhutan, one that, in his telling, has proved invaluable.

“We have used Bitcoin to provide free healthcare, for environment, but these are minor. The main use of Bitcoin has been to finance the salaries of public servants,” Tobgay asserted.

As highlighted in the clip, Bitcoin mining fills a critical revenue generation gap for Bhutan, a small country that would struggle to compete with the rest of the world in large-scale manufacturing or agriculture.

Meanwhile, Bhutan is not interested in Bitcoin alone but sees potential in the broader digital asset ecosystem. In January, the country announced it was designating Bitcoin, Ethereum, and BNB as strategic reserve assets in its recently established special administrative region, Gelephu Mindfulness City.

“I think you cannot run away from blockchain. Cannot run away from AI. How blockchain and AI will combine the industry of money, if I may say, and how money flows from one hand to another, because it’s one of the biggest innovation in the space of money, for humanity, from the time we remember where money was discovered or invented,” Bhutan sovereign wealth holding company CEO Ujjwal Dahal told Al Jazeera in the Thursday clip.

Amid Bhutan’s embrace of digital assets, several crypto market participants have hailed it as a pioneer and an example for the world.

Dubai State-Owned Emirates NBD Launches Bitcoin and XRP Trading Services

Elendu Benedict
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Dubai State-Owned Emirates NBD Launches Bitcoin and XRP Trading Services

Emirate NBD, a Dubai government-owned banking giant, has ventured into digital asset trading and custody amid mainstream crypto adoption nationwide.

One of the largest banks in Dubai announced in a press release on Thursday that it has entered crypto trading. The government-owned institution revealed its entrance into the digital asset sector through its subsidiary, Liv.

Liv, Emirate NBD’s digital banking arm, will allow its users to trade cryptocurrencies on its platform. Effective yesterday, it provides custody services for interested parties on its mobile platform.

A Dubai-Owned Bank Offering Crypto-Related Services

Per the Thursday announcement, Liv will offer its users access to five major cryptocurrencies: Bitcoin, Ethereum, XRP Solana, and Cardano. These coins will be available for trading on its Liv X app in collaboration with Aquanow, a Dubai-licensed virtual asset service provider.

Furthermore, Liv would also offer crypto custody services to its clients. The digital bank would hold users’ assets through Zodia Custody, a Standard Chartered-backed firm officially licensed in Dubai.

Meanwhile, the offering reflects a broader crypto embrace in Dubai. Cryptocurrencies are nearing mainstream adoption in the region amid clear regulatory guidelines and an enabling environment for technological innovation.

Dubai Tending Towards Becoming a Crypto Hub

Emirate NBD’s retail banking head, Marwan Hadi, highlighted that Dubai’s friendly disposition towards digital assets has spurred this venture. With an enabling environment for growth, he noted that Liv X introduced the services to maximize Dubai’s adoption trend for cryptocurrencies.

In truth, the region has made efforts to become a global hub for cryptocurrencies. Notably, its clear regulatory guidelines have facilitated the country’s mainstream adoption of digital assets.

Moreover, Dubai’s Virtual Assets Regulatory Authority (VARA) has licensed crypto exchanges like Binance, OKX, and Crypto.com to operate in the nation. The Crypto Basic recently reported that the Dubai government was building a 17-story crypto tower to support blockchain, decentralized finance (DeFi), and Web3 businesses.

Bitcoin Not a Trump Priority? TD Cowen Faults Key Omission at Recent Congressional Address

Mark Brennan
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Bitcoin Not a Trump Priority? TD Cowen Faults Key Omission at Recent Congressional Address

Industry expert argues that President Donald Trump’s omission of Bitcoin and crypto in Tuesday’s congressional address puts his policy position in doubt.

Over the past year, President Donald Trump has talked up crypto at rallies, at a Bitcoin conference, and on social media, but perhaps never in the places that matter, according to some experts.

The latest incident to stir these sentiments is Trump’s omission of crypto in his Tuesday, March 4, congressional address.

While some have argued that the president refrained from mentioning crypto to avoid complicating delicate negotiations between House Republicans and Democrats on stablecoin legislation, investment bank TD Cowen has reportedly offered another view: crypto is not a priority for Trump.

“If it was a personal priority, then it would have been in the speech,” TD Cowen Washington Research Group Managing Director Jaret Seiberg wrote in a note.

The Cowen executive argued that Trump only talks up the industry before crypto investors.

These sentiments are perhaps more significant when combined with the fact that election polls last year showed that crypto was not a core issue for voters, and crypto executives had raised a significant war chest willing to throw cash at whoever so much as looked their way twice in order to overturn a perceived stifling regulatory environment.

While the strategy has undoubtedly given the industry a lot of influence in Washington, it does leave room for doubt about the genuineness of some of its newfound support.

Whatever the case, the industry does appear to be on pace for an extended fairweather period as the executive arm and regulators seem willing to collaborate with its leaders on policy at a never-before-seen level.

For one, on Friday, March 7, some of these leaders will convene at the White House for the first-ever crypto summit.

Analyst Says XRP is Giga Bullish, Will Go Anywhere from $100 to $1,000 in 5 to 10 Years

Abdulkarim Abdulwahab
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Analyst Says XRP is Giga Bullish, Will Go Anywhere from $100 to $1,000 in 5 to 10 Years

A notable crypto market commentator recently expressed extreme optimism about XRP, arguing that the token’s value could reach four digits.

XRP is among the crypto assets benefiting from Bitcoin’s ongoing recovery, with the rally surging past $2.60 today. Notably, today’s gain has improved XRP’s weekly performance to a substantial 16% increase. Amid this, market observers have expressed strong optimism that higher price levels are ahead.

XRP is Giga Bullish

In a tweet, crypto pundit “Random Crypto Pal” stated that XRP “is giga bullish.” He referenced statements from Matthew Brienen, Chief Operating Officer at CryptoCharged, who argued that XRP has a “highly possible” chance of reaching anywhere from $100 to $1,000 in the coming years.

Brienen shared that XRP is his largest investment, making up half of his portfolio. He revealed that he has been stacking XRP for over five years. Brienen emphasized that his XRP strategy includes short- and long-term plans.

While he intends to sell a substantial portion for profits in the near term, he’s also committed to holding onto some XRP for the next 5–10 years. During this time, Brienen projects XRP’s value to have crossed the three-digit range.

How XRP Could Hit $1,000 Price

Brienen’s long-term confidence in XRP stems from its unique value proposition in the global remittance sector. He highlighted the asset’s potential in revolutionizing money transfers, saying:

“Moving money globally in five seconds for a fraction of a penny is a game-changer.”

As such, Brienen believes that XRP could reach a price range of $100 to $1,000 over the next decade, depending on how market cycles evolve. However, he acknowledged that this timeline could be quicker or longer based on unforeseen factors.

Currently trading at $2.60, reaching a price point of $1,000 would mean a $57 trillion market cap for XRP. Achieving such an astronomical valuation would require a 38,361% increase in value.

Other Analysts’ Views on XRP’s Future Price

Brienen is not alone in predicting significant growth for XRP. Several analysts and community members have expressed similar expectations, with some even forecasting a price of $100 in the near term.

However, there are also more cautious viewpoints. Some experts suggest that such ambitious price points are more likely to occur in the distant future.

Notably, while Brienen is targeting a $1,000 XRP by 2035, analysts from Telegaon suggest that it could take as long as 2050 for XRP to even approach $500.

Here’s How Much 1 Dogecoin Would Be Worth If DOGE Reaches Ethereum Market Cap

Abdulkarim Abdulwahab
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Here’s How Much 1 Dogecoin Would Be Worth If DOGE Reaches Ethereum Market Cap

The price of Dogecoin would ultimately surpass the $1 threshold should it soar to attain Ethereum’s current market cap.

In recent times, Dogecoin has lost the bullish momentum that attracted a lot of interest in the last quarter of 2024. With its price dipping by over 25% in the last four weeks and falling below $0.20, its yearly gain is now just 11%.

Nevertheless, many still have high hopes for Dogecoin’s performance this year. Analysts suggest that Dogecoin could reach an unprecedented $100 billion market cap during this cycle.

Amid this optimism, The Crypto Basic analyzes the potential worth of DOGE should its valuation rise to the size of Ethereum’s.

Dogecoin Price with Ethereum Market Cap

As of today, Dogecoin has a market cap of $30 billion, commanding more than 50% of the total share of the memecoin market. Notably, with this cap, Dogecoin’s price is just around $0.21.

Meanwhile, Ethereum, the altcoin king, has a much higher valuation at $262 billion, with a unit ETH price of $2,270.

Accordingly, there’s a gap of over $230 billion between Ethereum and Dogecoin. However, given Dogecoin’s historically explosive price movements, many believe it could close the gap faster than many would expect.

For Dogecoin to reach Ethereum’s $262 billion market cap, its current valuation must expand by nearly 9x. Specifically, the market cap of Dogecoin must soar by 773% to reach $262 billion.

Notably, DOGE has a current circulating supply of 148.29 billion tokens. Accordingly, its unit price in this scenario would be $1.746.

The $1 mark has been a long-standing aspiration for Dogecoin enthusiasts since the last bull season. However, many believe this will be the cycle where Dogecoin finally surpasses $1.

Despite this, with the ongoing trend of lower lows, the journey to $1 remains increasingly formidable for DOGE. This brings us to the question of how long it will take for Dogecoin to reach $1.746.

Timeline for DOGE to Hit $1.746

Market commentators at Telegaon, a prediction platform, suggest that Dogecoin could reach $1.72 this year, but that would likely be its maximum price. Meanwhile, by 2026, they expect $1.73 to be the minimum.

On the other hand, analysts at Changelly suggest that the earliest time for Dogecoin to approach the $1 mark is by 2029.

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