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Dogecoin could set a new all-time high (ATH) record if it corresponds to the market capitalization of established cryptocurrencies such as XRP and Ethereum.

The persistent bear trend on the cryptom market has negatively affected Doge’s price prison. Remember that Doge ranked to the first winners when the election was relieved, in which the price on December 8 rose to a maximum of $ 0.4835.

However, Doke has lost these profits because it is currently about the level where it was traded before the election. At the current price of 0.1693 US dollars, Doge has dropped by 64.98% compared to the height of December 8th of $ 0.4835.

Doge has also declined by 2.86% in the past seven days, 19.3% in 30 days and 57% in three months. Despite the massive break -in, the DOG investors are confident about the prospects of the assets.

As a result, some are surprised what would happen if Doge takes up his rally after the election, and may fit the market capitalization of established cryptocurrencies such as Ethereum (ETH) and XRP (XRP).

Overview of the market capitalization of ETH and XRP

As with Doge, XRP and ETH have recorded a massive decline and lost most of their dials. Nevertheless, both coins after the market capitalization are still one of the three best crypto without a stable coin.

While ETH sits in second position with a market capitalization of 218.63 billion US dollars, XRP’s evaluation of $ 124.39 billion is placed in third place. However, Doge is far in the ranking list and is currently classified as a sixth in the market. It has a market capitalization of 25.17 billion US dollars.

Therefore, Dogecoin has to increase by his current rating of $ 25.17 billion by 394.19% in order to meet the market capitalization of XRP of $ 124.39 billion. Similarly, Doge requires a greater increase of 768.61%to achieve the market capitalization of 218.63 billion US dollars from Ethereum.

Dogen -Prize if it corresponds to XRP or ETH market capitalization

As already mentioned, the market capitalization of ETH or XRP from Doge requires 768.61% or 394.19% compared to its current assessment.

Remarkably, if Doge increases 394.19% and the market capitalization of the XRP would increase, its price would increase to USD 0.8366. This estimate assumes that Dotecoin’s circulating range remains quite stable at 148.72 billion tokens. In the same way, DOGEN PRICE would incur $ 1.47 per token if it increases by 768.61% to the same ETH market capitalization.

Both prices $ 0.8366 and 1.47 USD-1.42% or 99.29% above the all-time high of Dotecoin of $ 0.7376. Remember that Doge reached his former ATH on May 8, 2021. Since then it has been far from this level.

The current price of Doge of $ 0.1693 corresponds to a decline of 77.04% compared to the previous ATH. However, reaching the goals of $ 0.8366 or USD 1.47 would possibly mark new ATHs for Doge.

Potential timeline for the rise from Doge to $ 0.8366 or USD 1.47

Several analysts have predicted the potential increase of dotecoin to the price range of $ 0.8 and 1.4. However, not everyone has attached a timeline if they predicted.

Last month, the popular TradingView analyst ‘Cobra Vanguard’ identified a cup-and-hand pattern in Dotecoin’s diagram to predict a potential rally for the price grade of $ 0.8. In addition, Chatgpt, the popular Chatbot service chat, predicted that Doge could increase to around 1.4 US dollars if it becomes the standard payment method in the entire ecosystem of Elon Musk.

In the meantime, Changelly determined possible schedule for dotecoins potential increase to $ 0.8366 or USD 1.47. While the exchange expects Doge to reach USD 0.8366 by June 2030, it projects that the target of USD 1.47 would occur the following year, especially in August 2031.

It remains to be seen whether these predictions will be given. Factors such as increased acceptance, the approval of ETF and the influence of celebrities could pave the way for a strong rally to high goals such as $ 0.8366 or USD 1.47.