By cryptoadmin 
Amid ongoing discussions about Dogecoin’s potential, a key level is rising concerning its potential worth in a hypothetical situation the place 100 million individuals use it every day.
This situation suggests large adoption and demand. Whereas precisely predicting DOGE’s market worth in such a scenario is difficult, this evaluation depends on strategies from OpenAI’s ChatGPT.
How Many Individuals Use Dogecoin Each day At this time?
At present, Dogecoin is buying and selling at $0.1620, up 2% within the final 24 hours. This worth displays an enormous 49% hunch for the reason that begin of 2025. Curiously, this dramatic bearish turnaround in Dogecoin’s worth this 12 months aligns with a big dip within the variety of its every day energetic customers.
In accordance with knowledge from the intelligence platform Santiment, Dogecoin at the moment sees 39,507 every day energetic addresses. Precisely a month in the past, this quantity was about ten occasions larger. Dogecoin recorded 391,450 every day energetic wallets because it traded at $0.1723.
In the meantime, as of November 22, 2024, Dogecoin reached an all-time excessive in every day energetic customers, with 1.64 million energetic every day wallets. This peak in consumer exercise coincided with the coin’s worth buying and selling at a three-year excessive.
At the moment, Dogecoin’s worth was above $0.412. Only a week later, Dogecoin’s worth rose additional to $0.4700. Nevertheless, since then, it has seen a steep decline of over 66%. In parallel, every day energetic customers have dropped by 98%, from 1.64 million to simply 39,507 in the present day.
Dogecoin energetic deal with metric and worth efficiency | Santiment
This metric factors to a correlation between excessive consumer exercise and explosive worth efficiency. Basically, Dogecoin may see important worth motion in a hypothetical situation the place it reaches 100 million every day customers.
The Value of Dogecoin with 100 Million Each day Customers
When requested, ChatGPT projected that such a situation may lead to a $750 billion market cap for Dogecoin. With a provide of 148.81 billion cash, if Dogecoin reached a market cap of $750 billion, the worth per DOGE could be round $5.04.
With Dogecoin buying and selling at $0.16, reaching $5 would signify a 30X acquire or a surge of three,025% from its present degree.
ChatGPT emphasised that whereas this may appear bold, it illustrates how demand can drive worth. It believes that thousands and thousands of individuals utilizing it every day may result in important worth will increase on account of heightened utility and market exercise.
Timeline for DOGE to Attain $5
In accordance with widespread prediction platforms like Telegaon, Dogecoin may attain a worth of $5 inside three years. Nevertheless, Changelly argues that it may take till 2034, or ten years, to achieve this worth degree.