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Various reputable entities have commented on the possible timelines for Dogecoin to reach double-digit values and even surpass $100.
Dogecoin has been one of the victims of the recent market downturn, dropping by 28% over the past week. However, with its current value of $$0.28, the meme coin still boasts a year-to-date growth of 250%.
Given its impressive performance so far in 2024, analysts expect Dogecoin to perform even better in 2025. Notably, some market watchers have speculated that Dogecoin could break the unit value milestone and extend even beyond $10.
For context, at $10, Dogecoin would have a market cap of $1.4 trillion. Considering the weight of this, The Crypto Basic sought input from Elon Musk’s AI Grok and OpenAI’s ChatGPT on when Dogecoin could reach a peak value of $10, $20, $50, and $100.
When Dogecoin Can Hit $10, $20, $50, and $100, According to Grok
Grok, the chatbot associated with Elon Musk’s X platform, provided a broad overview of the speculative timelines for Dogecoin reaching these price points.
As for the $10 price point, Grok suggests that reaching $10 could be achievable around January 2040 or even as early as 2029, according to predictions from Changelly and CoinCodex.
Meanwhile, Grok aligns with popular estimates for $20, noting Dogecoin could hit $20 by March 2040 or 2045.
While Grok didn’t provide an explicit timeline for Dogecoin reaching $50, it is implied that such a milestone would likely be even more speculative.
Likewise, for the $100 price point, the chatbot noted that $100 for Dogecoin is viewed with skepticism, given the necessary market capitalization. Grok hinted that it is highly unlikely, as this would require a market cap exceeding $14.73 trillion.
While optimistic projections place this possibility beyond 2040, the consensus remains that this target might be unfeasible under current market conditions.
When Dogecoin Can Hit $10, $20, $50, and $100, According to ChatGPT
On the other hand, ChatGPT provided a more detailed analysis of Dogecoin’s potential to reach these four price points.
ChatGPT predicts Dogecoin could hit $10 between 2028 and 2032, with a required market cap of approximately $1.41 trillion. For this to occur, Dogecoin would need to capture around 10% of a projected $15 trillion crypto market.
According to ChatGPT, achieving such a market cap could be realistic if blockchain technology continues to gain mainstream adoption and Dogecoin secures strategic partnerships and use cases globally.
Meanwhile, the timeline for Dogecoin hitting $20 is forecast between 2030 and 2035, with a required market cap of $2.82 trillion. This scenario assumes that the crypto market expands to approximately $30 trillion, with Dogecoin seeing a 10% dominance in this larger ecosystem.
Furthermore, for Dogecoin to reach $50, ChatGPT estimates a timeline of 2035–2040. This would require a market cap of $7.04 trillion.
However, ChatGPT is highly cautious about Dogecoin reaching $100, as it would require an unprecedented market cap of $14.08 trillion. The timeline for this target is beyond 2040, with the crypto market needing to exceed $100 trillion for this price point to become even remotely feasible.
ChatGPT emphasizes that this is speculative and would likely require revolutionary shifts in global finance.