The Bitcoin market is drawing attention because experts predict it will reach $1 million in value before the next ten years when it crosses $100,000. The forecast has reopened debate about how Dogecoin (DOGE) as a meme coin would respond when Bitcoin (BTC) hits one million US dollars.
Major Bitcoin analysts like Jack Dorsey, Robert Kiyosaki and investment firm Bernstein predict that Bitcoin will hit $1 million by 2030. Under this anticipated trend Bitcoin will reach a $20 trillion investment value and move ahead of gold market worth.
Dogecoin’s Market Performance
As CEO of IREN Daniel Roberts believes Bitcoin will increase because ofrising institutional investors and its exceptional status as a value storage asset. When Bitcoin gains value the overall cryptocurrency market responds strongly and altcoin prices grow by bigger percentages than Bitcoin.
“If you consider Bitcoin’s historical price trajectory, I’d be surprised if we’re not at a $1 million by 2030 given the traction of ETFs and institutional buying now,” Roberts forecasted, quoted by Livewire Markets.”
After starting as a humorous project Dogecoin regularly grows faster than Bitcoin in positive market environments. Bitcoin gained a 100% increase in value during one year yet Dogecoin surged 200% more than that. When Bitcoin reaches its target price of $1 million experts predict Dogecoin will jump further upwards towards $2.60 according to past market patterns.
Expert analysts predict DOGE will increase to $10 even though some expect a lower value. The substantial crypto market growth driven by Bitcoin would establish better conditions for Dogecoin which depends on retail support and online popularity to succeed. Celebrity support from Elon Musk especially has regularly impacted how much DOGE is worth.
According to Telegaon projections Dogecoin may hit $13 to $18 by 2030 yet its value depends on its usefulness in payments beyond retail popularity. Despite objections from investors DOGE could rise if Bitcoin crosses the one-million-dollar mark.
