Here’s how much holding 10,000, 50,000, and 100,000 Dogecoin would be worth if DOGE hit $1, $5, or $10

Certain levels of Dogecoin (DOGE) holders could find themselves joining the millionaires club if DOGE reaches ambitious goals like $10.

In this ongoing bull run, Dogecoin stands as one of the crypto assets with the most promising prospects, given its meme-inspired nature and strong support from billionaire Elon Musk.

Since the start of this year, the price of Dogecoin has increased by 375%, as it is currently trading at $0.4250. Given its already impressive performance, market participants are expecting even more from the meme coin.

As a result, The CryptoBasic analyzes the potential portfolio value for investors holding 10,000, 50,000, and 100,000 units of Dogecoin tokens if the asset reaches widely projected prices like $1, $5, and $10.

Value of 10,000, 50,000 and 100,000 Dogecoin if it reaches $1

The $1 mark has long been an aspiration, not only for Dogecoin enthusiasts but for the broader crypto community. As the bull market progresses, Dogecoin is moving closer and closer to the $1 level.

For investors holding 10,000, 50,000, or 100,000 units of Dogecoin, they expect their portfolios to be worth $10,000, $50,000, and $100,000, respectively, if the $1 dream comes true.

Notably, acquiring 10,000 DOGE today requires an investment of $4,250. For 50,000 and 100,000 DOGE, these require investments of $21,250 and $42,500, which would achieve massive returns of 135% if Dogecoin hits $1.

Value of 10,000, 50,000 and 100,000 Dogecoin if it reaches $5 and $10

At the same time, investors who aim for higher price thresholds for Dogecoinlike $5 and $10, should see their wallets expand even further. Specifically, holdings of $10,000 and $50,000, both of which are worth about $4,250 and $21,250 today, would see their value increase to $50,000 and $250,000, respectively. As for those holding 100,000 tokens, their portfolio would expand to half a million dollars.

If Dogecoin continues its upward trend and approaches the double-digit range, holders of 10,000 and 50,000 DOGE will see their investments reach $100,000 and $500,000, respectively. Remarkably, holders of 100,000 Dogecoin would become millionaires if DOGE hits $10.

Can Dogecoin reach $1, $5 or $10?

Notably, Dogecoin recently hit a new three-year high of $0.4775. This step increased market optimism that $1 is within reach, as the ongoing bull market likely has another 12 months to go. This gives Dogecoin ample time for further dramatic price growth.

As a result, analysts do not consider $1 to be Dogecoin’s high for this cycle. Unlike the 2021 season, where there were hopes that $1 would be the top of Dogecoin’s cycle, only for the meme coin to lose momentum at $0.73. Many now believe there is more room for growth.

Analysts such as Ali Martinez have boldly claimed that the peak of the Dogecoin cycle it could cost $10, while others like Ash Crypto suggested $3.

Notably, at a price of $10, Dogecoin would have a market capitalization of $1.46 trillion, surpassing Bitcoin’s current valuation.