The article highlights that Dogecoin investors remain optimistic about the cryptocurrency's potential despite recent underperformance. CoinSwitch, a leading Indian crypto exchange, reports that Dogecoin is the most-held token on its platform, with 8% of users holding it. Many investors anticipate a potential surge in Dogecoin's price, similar to the 2020/2021 bull run where it surged by over 3,000%. Some investors are speculating how high Dogecoin's price could reach if it equals the market cap of established cryptocurrencies like Ethereum or Tether. The article provides calculations showing that if Dogecoin reaches Ethereum's market cap, its price would be $2.7224 per token, marking a new all-time high. Similarly, if Dogecoin reaches Tether's market cap, its price would be $0.9414 per token, also an all-time high. The possibility of hitting these targets depends on various factors, including market conditions, adoption, and endorsements. While some experts believe Dogecoin could reach these targets in the next few years, caution is advised due to the unpredictable nature of the crypto market.



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