Meme Coin Dogecoin (DOGE) Could See a Massive Price Surge If Its Market Cap Rivals XRP or Binance Coin (BNB)

Dogecoin (DOGE), the pioneer of meme coins, has recently experienced significant price fluctuations amid a broader crypto market downturn.

Dogecoin (DOGE), the OG meme coin, has been experiencing significant price fluctuations amid a broader crypto market downturn.

As of Wednesday, February 8, Dogecoin was trading at $0.1969, marking a 1.54% decline within 24 hours. In the past month, DOGE has dropped by 25.64%, though it has still seen a modest monthly-to-date (MTD) increase of 5.38%.

However, despite these swings, Dogecoin’s community remains optimistic, speculating about the token’s potential should its market capitalization rival that of established cryptocurrencies like XRP or Binance Coin (BNB).

This article explores the possible price surge Dogecoin could experience if it achieves a market cap similar to these leading assets.

Dogecoin vs. XRP and BNB: A Market Cap Comparison

Currently, Dogecoin’s market cap sits at approximately $29.2 billion, which is significantly lower than XRP and BNB, which rank among the top five cryptocurrencies globally.

To match BNB’s market cap, Dogecoin would need a 192.46% surge, while reaching XRP’s valuation would require a massive 369.62% increase.

If Dogecoin were to achieve these market caps, its price would witness substantial growth, making it a focal point for investors seeking explosive returns.

Dogecoin Price Predictions Based on Market Cap Parity

If Dogecoin’s market cap reaches BNB’s $85.4 billion, its price would surge to approximately $0.5758—a level nearly 22% below its all-time high (ATH) of $0.7376 recorded in May 2021.

On the other hand, if DOGE achieves XRP’s $137.13 billion market cap, it would propel its price to an estimated $0.9246, slightly surpassing its previous ATH and reflecting a 25.35% increase over the peak recorded in 2021.

Both projections are based on Dogecoin maintaining its current circulating supply of 148.34 billion tokens.

Potential Timeline for DOGE’s Surge to $0.57 and $0.92

Changelly analysts believe that Dogecoin could hit $0.57 as early as this month, with their models predicting a maximum price of $0.829 in March 2025. However, they project that DOGE will take around five years to reach $0.9246, forecasting that it will achieve this milestone by March 2030. By that time, they expect Dogecoin to reach a maximum value of $0.948.

What Could Drive Dogecoin’s Massive Growth?

Several factors could accelerate Dogecoin’s journey toward these ambitious price targets:

1. Institutional Adoption and DOGE ETFs

With the potential launch of Dogecoin exchange-traded funds (ETFs), institutional adoption could see a significant rise. Such developments would provide traditional investors with exposure to DOGE, thereby increasing demand and liquidity.

2. Market Sentiment and Meme Coin Hype

Dogecoin’s history shows that social media trends and influential endorsements—particularly from figures like Elon Musk—can trigger massive price rallies. If another wave of viral enthusiasm sweeps the market, DOGE could experience rapid surges beyond current projections.

3. Broader Crypto Market Recovery

The entire cryptocurrency market has seen fluctuations in early 2025. If Bitcoin (BTC) and Ethereum (ETH) regain bullish momentum, altcoins like Dogecoin could follow suit, pushing it toward higher valuation targets.

4. Dogecoin’s Real-World Utility Growth

The integration of DOGE into payment systems by companies such as Tesla, X (formerly Twitter), and other merchants could drive adoption, strengthening Dogecoin’s long-term growth potential. Greater transactional use cases would support higher demand and price appreciation.

Could Dogecoin Reach $1?

With its potential rise to $0.9246, many investors wonder if Dogecoin could ultimately cross the $1 mark. While projections suggest that DOGE could approach this milestone by 2030, external catalysts such as a new bull market, strategic partnerships, or unexpected regulatory clarity could accelerate this timeline.

Dogecoin remains one of the most unpredictable yet intriguing cryptocurrencies in the market. If DOGE manages to match the market caps of BNB or XRP, it could witness remarkable price surges to $0.57 or even $0.92.

With upcoming DOGE ETFs, increasing institutional adoption, and its expanding real-world utility, Dogecoin’s future could be brighter than many expect.

However, investors should heed the advice of Changelly analysts, who urge caution and recommend conducting thorough research before making any financial decisions.