Social media personality Topdoge recently speculated on the potential for Dogecoin (CRYPTO: DOGE) to reach a $500B market cap, reminiscent of Ethereum’s (CRYPTO: ETH) previous bull run.
What Happened: On Wednesday, Topdoge shared an analysis on X, formerly Twitter, comparing Dogecoin’s potential growth to Ethereum’s 2020 bull run. If Dogecoin were to hit a $500B market cap, the cryptocurrency’s value would be around $4.20, according to Topdoge’s calculations.
Dogecoin 2024 🐶 vs Ethereum 2020 📈
Just did the math. If Dogecoin hits $500B market cap like Ethereum hit last bull run it will put Dogecoin right up around $4.20 👀
Remember when Elon Musk said that "fate loves irony" I don't think that he was joking. pic.twitter.com/csg3X7s10x
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!