As the market dips, offering a chance to buy Dogecoin at discounted levels, we’ve estimated how much DOGE investors would need to hold to become millionaires by 2035.
Despite the lackluster performance of the broader crypto market, many investors still dream of becoming millionaires through investments in cryptocurrencies like Dogecoin. DOGE, which began as a light-hearted meme coin in 2013, has evolved into a global phenomenon, inspiring countless newcomers to imagine life-changing profits.
Its explosive rally in 2021, fueled by endorsement from Elon Musk, convinced many that even small investments in DOGE today could make someone a millionaire in the future. In light of this, we estimated how much Dogecoin investors must own today to become millionaires by 2035, exactly ten years from now.
Investors Bullish on Dogecoin Despite Massive Downturn
Dogecoin has continued to lose its value in the ongoing market downturn. Its price has dropped 8.5% over the past seven days, bringing its total decline in the past month to 16.93%. As of November 15 at 06:14 (UTC), DOGE was trading at $0.1630, down 48.4% YTD.
Despite the recent slump, the community’s optimism remains strong. This is evident on CoinMarketCap, where 85% of over 1.5 million votes reflect a bullish outlook on the coin’s future.
Amid this optimism, some investors are consistently accumulating DOGE in anticipation of a potential rally that could make them millionaires. However, the question remains: how many DOGE tokens must investors own to become millionaires by 2035?
Number of DOGE Needed to Make $1M by 2035
We turned to AI models ChatGPT and Grok, as well as Talegaon, to determine the number of tokens required to achieve millionaire status by 2035.
Grok Forecasts
xAI’s Grok issued a conservative projection in its 2035 outlook for Dogecoin. The AI model set a target of $2.5 for Dogecoin, suggesting that the rally will be driven by broader crypto market expansion, the token’s integration as a payment method, and community-driven adoption.
At the predicted price of $2.5, Grok estimates that investors will require 400,000 DOGE to reach $1 million by 2035. These 400,000 DOGE tokens currently cost approximately $65,200 at the current price of $0.1630 per token.
ChatGPT Prediction
Notably, ChatGPT estimated that Dogecoin will reach an unprecedented level of $3.5 per token over the next 10 years. The chatbot suggests that Dogecoin’s price will be driven by moderate long-term adoption, sustained meme-asset relevance, and periodic bull cycles.
If Dogecoin hits the projected $3.5 mark by 2035, ChatGPT estimates that investors would need roughly 285,714 DOGE to become millionaires by then. At the current price, these 285,714 tokens are valued at approximately $46,571.
Telegaon Estimate
According to the leading prediction platform Telegaon, Dogecoin is expected to trade between $28.07 and $36.74 by 2035.
Based on this outlook, an investor would need roughly 35,625 DOGE to reach $1 million at the lower target of $28.07, or about 27,218 DOGE to hit the same milestone if the price climbs to $36.74.
At the current price of $0.1630, the 36,625 DOGE required would cost roughly $5,969, while the 27,218 tokens are valued at about $4,436.
Despite bullish projections outlined in this analysis, whether Dogecoin investors become millionaires by 2035 ultimately depends on how high the token rallies in the years ahead.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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