Here are the expected time frames for Dogecoin to reach $3.03, $9.35, and $18.03

Market watchers from major entities like Changelly project timeframes for Dogecoin (DOGE)’s potential upside to $3.03, $9.35, and $18.03.

Dogecoin (DOGE) remains one of the best performing coins in the ongoing bull run. Remember that the price of DOGE flew away to $0.4359 on November 12 before falling below $0.35 a few days later. This shocking move sparked a major debate over whether DOGE’s bull run has ended.

However, the token showed that its uptrend is far from over, as its price surged to $0.4775 over the weekend. This dramatic rise has reignited investor confidence in Dogecoin, with top analysts setting different targets for the asset.

Changelly predicts timeline for DOGE surge to $3.03, $9.35, and $18.03

Specifically, Changelly analysts set three targets for Dogecoin, such as $3.03, $9.35, and $18.03, along with projected time frames for when DOGE could reach these milestones.

Dogecoin at $3.03

The $3.03 prediction is the smallest target in the set. Despite this, reaching this target would mark Dogecoin’s new all-time high (ATH). As a reminder, Dogecoin set its previous ATH at $0.73 on May 8, 2021.

With DOGE currently trading at $0.4710, reaching the $3.03 target would require a substantial 543.3% increase. At a price of $3.03, Dogecoin’s market cap would be $445.13 billion.

According to Changelly analysts, Dogecoin would be trading at $3.03 by January 2033, almost nine years from now. Notably, this target would mark the maximum price of Dogecoin for January 2023.

Earlier this year, famous chartist Ali Martinez foreseen that Dogecoin would trade around the $3 territory this year. He predicted DOGE would trade at $3.5 in April if history repeats itself. However, this prediction did not come to fruition as DOGE continues to trade below the $1 zone.

Nonetheless, pseudonymous Crypto market watcher Yapper predicted that Dogecoin would reach $3 by May 2025, six months from now.

Dogecoin at $9.35

Reaching the $9.35 target requires a larger rally than the $3.03 forecast. Specifically, Dogecoin needs to see an increase of 1,885% from the current price to reach the target of $9.35. At this price, Dogecoin’s market cap will reach $1.37 trillion, surpassing Ethereum’s current valuation of $414.73 billion.

Analysts at Changelly predict a January 2040 timeline for Dogecoin to reach $9.35, indicating that this would then represent DOGE’s minimum price.

Unlike the $3.03 prediction, the $9.35 target has not gained momentum within the Dogecoin community. Therefore, few market observers have predicted timelines for when DOGE might hit the target.

However, data from leading prediction platform Telegaon shows that Dogecoin would trade at a maximum price of $9.34 by 2035, less than five years from Changelly’s estimated timeline.

Dogecoin at $18.03

The $18.03 forecast is a stretch target that requires Dogecoin to rebound 3,728% from the current price of $0.47. At $18.03, Dogecoin’s valuation would stand at $2.64 trillion, surpassing Bitcoin’s market cap of $1.96 trillion.

According to Changelly analysts, the $18.03 prediction would become a reality for Dogecoin by February 2040, a month after the meme-based token hit a target of $9.35.

Can DOGE climb to $3.03, $9.35 or $18.03?

Given Dogecoin’s large supply of 146.91 billion tokens, there is no guarantee that DOGE will achieve any of the targets.

However, Dogecoin has seen a substantial rise in the past, soaring 18,340% in the first five months of 2021. Additionally, factors such as the ongoing bull market, the Elon Musk effect, massive retail interest, and the utility of payments may pave the way for a rise substantial increase in DOGE prices in the future.

It should be noted that this article is for informational purposes and should not be considered financial advice.