Here is how the high Dogecoin can go if Bitcoin is $ 2.4 million as it predicted.

The price of Dogecoin can reach an unprecedented level if it reflects a relatively Bitcoin collection to the $ 2.4 million target set by ARK Invest.

As Bitcoin continues to attract the attention of institutions, states and states, some bulls imagine that virgin encryption rises to the targets of the eye.

ARK Invest imagines Bitcoin up to $ 2.4 million by 2030

The Major Director of Asset ARK Invest recently subscriber This feeling is expected that the leading assets can get a budget goal of $ 2.4 million by 2030.

This indicates that ARK Invest is expected to achieve the goal of $ 2.4 million in the next five years. According to ARK Invest, increasing Bitcoin to the target of $ 2.4 million will be led by BTC’s national adoption as the asset of the Ministry of Treasury, the increasing investment in the investment funds traded in Bitcoin, and the storage of assets in value interest.

It is worth noting that reaching the goal of $ 2.4 million requires an increase of 2,439 % of the current price of $ 94,521. This expected price would pay the maximum Bitcoin market to $ 48 trillion, assuming that there are 20 million BTC in circulation.

Dogecoin’s association with bitcoin

Such an increase can positively affect the performance of the broader encryption market. Specifically, assets such as Dogecoin (Doge), which have a high relationship with Bitcoin, can greatly benefit from BTC to $ 2.4 million.

according to Data From Intotheblock, Dogoin’s association with Bitcoin’s work in the past 30 days is 97 %. Likewise, the correlation matrix in the past two months is at 65 %.

The data indicates that the movement of bitcoin has strongly affected the performance of Dogecoin in the past few weeks.

The price of Dogecoin if Bitcoin is $ 2.4 million

If this trend continues, Dogecoin may experience a huge increase if Bitcoin increases by 2,439 % to $ 2.4 million.

For context, Dogecoin is trading at $ 0.1744 per code in the hours before the pressure time. This represents a slight increase of 0.36 % in the past 24 hours. Like Bitcoin, the price of Dogecoin decreased by 2.27 % in seven days.

The evaluation of the Dogoin market is $ 26.02 billion, making it the eighth most prominent in the cryptocurrency. If Dogecoin continues to follow the Bitcoin price movement and Crypto Premier rises by 2,439 % to $ 2.4 million, DOGE can determine a new ATH record.

Specifically, if the price of DOGE grows by 2,439 %, it will reach a target of $ 4.428. Therefore, if Bitcoin reaches a target of $ 2.4 million, as ARK Invest expected, the price of DOGECOIN may rise to about $ 4.428. This estimate assumes that Dogecoin supplies are still fixed at 149.13 billion symbols.

Dogecoin to 4 dollars expectations

Interestingly, many encryption analysts, including the main Dogecoin analyst, believed to increase the potential for a potential target of $ 4. In December 2024, Kevin Proposal Dogecoin is very likely that a new ATH has set a new $ 4 by the end of this year.

Three months later, Kevin Shown Dogecoin was reflecting its performance in the 2020/2021 session. The expert emphasized that in the event of continuing the direction, Dogecoin can start in the next leg towards a 4 -dollar region.

In addition, popular encryption analyst Alan Release Dogecoin’s bullish prediction, pointing to a possible increase to 4 dollars. Alan predicted the extension level of Fibonacci 1.618.

Basically, There is a possibility that Dogecoin will exceed $ 4.42, even when it closely reflects the Bitcoin price movement towards the ARK Invest’s goal of $ 2.4 million. This speculation is due to the fact that Dogecoin is historically outperforming the bitcoin while the bull is operating.

Meanwhile, Changelly experts are less optimistic about the Dogecoin path. The trading platform predicts that Dogecoin will get the goal of $ 4 by 2034, and eventually rises to the level of $ 4.45 by May 2034.