The volatility of the crypto market has negatively impacted Dogecoin's price and market cap. Despite this, market analysts remain optimistic about Dogecoin's future. The Crypto Basic recently assessed how much Dogecoin's price would need to increase for it to reach the peak market valuation of Elon Musk's former company, Twitter. Twitter reached a peak valuation of $56.03 billion, and if Dogecoin were to reach this market cap, its price would rise to $0.3778, a 96% increase from its current price of $0.1923. It's worth noting that Dogecoin had previously reached market caps larger than Twitter's peak valuation in December 2024.



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