The article discusses the current state of Dogecoin's market cap and price, highlighting its recent decline. The market cap has dropped from a peak of $71 billion in December 2024 to $38.9 billion at the time of writing, marking a 45% crash in three months. The article also mentions that Dogecoin has failed to reach the coveted $100 billion market cap mark. Despite the recent downturn, analysts believe that the pullback is necessary and a recovery is imminent. Some analysts predict that Dogecoin's price could reach new all-time highs, with targets ranging from $2.29 to an audacious $42. The article concludes by stating that if Dogecoin's market cap surpasses $200 billion, the price could reach $1.35, and if it reaches $1 trillion, the price could reach $6.75.
Mexican billionaire Ricardo Salinas blasts European cryptocurrency outlook, compares Europe to a zoo