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The price of Dogecoin could increase by seven-fold if it mirrors the price trajectory of Solana reaching $1,500 or Ethereum attaining $10,000.
Leading altcoins like Solana (SOL) and Ethereum (ETH) have been making continuous efforts to set the pace for the 2025 bull market. Meanwhile, in the meme coin space, Dogecoin (DOGE) has also been a notable performer, although recent pullbacks have dented its uptrend.
While the bears currently dominate market sentiment, analysts remain confident in the performance of altcoin market leaders Ethereum and Solana. Should the uptrend in these altcoins gain momentum, it will likely spill over to the meme coin sector, where Dogecoin reigns.
This article examines the potential price of Dogecoin in the upcoming bull market, assuming Solana reaches $1,500 and Ethereum reaches $10,000, as widely predicted by numerous market commentators.
Dogecoin Price if Solana Reaches $1,500
At press time, Solana is trading at $190, boasting a 2% gain over the last 24 hours. At this price, SOL is trading at an 11% discount compared to its weekly high. To reach a lofty $1,500, Solana would need to increase by 7X or grow by 690%.
Currently, Dogecoin is trading at $0.3406, up by 1.8% over the past day. If Dogecoin follows a similar trajectory as Solana, with a 690% surge, it would reach $2.69.
This price projection aligns closely with the predictions of several analysts regarding Dogecoin’s outlook for this year.
For example, popular influencer Ash Crypto has argued that Dogecoin could reach $3 by May. Interestingly, while some see this as Dogecoin’s peak for the current cycle, others have suggested that the meme coin could even grow more than ten times from this level.
Dogecoin Price if Ethereum Reaches $10,000
At press time, Ethereum is trading at $3,300, up by 1% over the past day. Numerous market experts have suggested that Ethereum could reach $10,000 this cycle. A few weeks ago, analyst Ali Martinez predicted a $10,000 Ethereum, citing its correlation with the S&P 500.
Reaching $10,000 would require a growth of 203% from Ethereum’s current price level. A similar 2X growth for Dogecoin would be enough to send the meme coin to the much-anticipated $1 price point.
Notably, a $10,000 price for Ethereum would elevate its market cap to over $1.2 trillion, up from its current market cap of $395 billion.
Historically, Dogecoin has outperformed Ethereum during bull runs. For instance, in the past 90 days, Ethereum has been up by 25%, while Dogecoin has seen a more impressive 195% gain.
In other words, Dogecoin could see a significantly higher price valuation should Ethereum rally to $10,000, one that exceeds a 2X gain.