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Known as the token behind "the accidental crypto movement," dogecoin started as a joke, evolved into a trendy meme coin and now enjoys the status of one of the world's most popular digital assets ...
Image source: Getty Images. Dogecoin could reach $1, but it probably won't stay there. Dogecoin's post-election rally recently stalled at $0.47, which is still way below its record high from 2021.
If you use a site like CoinMarketCap, you can easily find a large number of other Dogecoin alternatives, all of them using nearly the same dog mascot. Dogecoin mascot. Image source: Getty Images.
Simple math suggests that a price per token of $1 would give Dogecoin a market capitalization of $147.1 billion. That isn't entirely impossible considering Bitcoin now has a market cap of $2 trillion.
As a result, Dogecoin's price soared to an all-time high of $0.73 on May 8, 2021 -- which represented a 47,279% gain from its earliest trading price of $0.001540753 on Jan. 23, 2014.
If you're still buying Dogecoin and Shiba Inu, you may be doing it all wrong. 2 Cryptocurrencies You Should Probably Avoid, According to Billionaire Mark Cuban Skip to main content
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