Multiple entities, such as Changelly and ChatGPT, are bullish on Dogecoin, predicting potential timelines for DOGE to clinch lofty targets of $1 – $5. 

Dogecoin (DOGE) is gradually recovering from the Monday crash that sent its price to $0.1315, representing a drop of 72.8% from its December 8 peak of $0.4835. Other prominent crypto assets, including Bitcoin and Ethereum, also significantly declined yesterday. 

Interestingly, DOGE has started recovering from the huge dip, with its price skyrocketing 15.89% from its daily low to $0.15. Despite the surge, DOGE is still down 79.33% from its all-time high (ATH), registered on May 8, 2021. 

While DOGE is far below its ATH, investors are still optimistic about a major rally in the future. They believe that DOGE could hit new ATH targets within the $1 to $5 range. 

DOGE Path to $1–$5

DOGE is trading at $0.1524, with a market cap of $22.67 billion. Its trading volume has spiked 71.25% in the past 24 hours to $3.13 billion. 

Hitting the targets of $1, $2, $3, $4, and $5 would demand DOGE to surge 556%, 1,212%, 1,868%, 2,524%, and 3,180%, respectively. At these targets, DOGE’s valuation will range between $148.76 billion and $743.81 billion. 

Potential Timeline for Dogecoin Surge to $1 – $5 

As this optimism gained momentum, The Crypto Basic consulted several sources, including ChatGPT and Changelly experts, to ascertain when DOGE could hit these targets. 

$1 Target Timeline 

Experts at Changelly predict that DOGE will hit the $1 target by April 2030. They suggest that DOGE would reach a maximum target of $1.02 by then, with the minimum price set at $0.867. 

However, popular AI chatbot ChatGPT speculates that Dogecoin will clinch the $1 target sooner, setting the estimated timeline around late 2025 to early 2026. ChatGPT assumes that the bull market must have gained traction by then, with strong retail enthusiasm driven by social media buzz. 

The chatbot also expects Elon Musk to contribute immensely to DOGE’s growth through social media mentions or business integration. 

$2 Timeline 

ChatGPT expects this target to materialize by mid to late 2026, driven by altcoin season, broader meme coin adoption, and several tech giants like X adopting DOGE as a payment method. 

However, Changelly believes DOGE will clinch the $2 target by February 2032, seven years from now. The exchange’s analysts expect DOGE to rise to a minimum price of $1.73 and a maximum target of $2.06 by then. 

DOGE to $3 – $4 Timeline 

Further, ChatGPT expects the $3 – $4 price target to play out between 2027 and 2028. The chatbot assumes that strong institutional interests alongside real-world utilities will drive Dogecoin’s potential surge to the target.

It also mentions Dogecoin’s exposure to exchange-traded funds (ETFs) as another catalyst that would drive its price to the $3 to $4 mark. It bears mentioning that asset managers like Bitwise and Grayscale have filed to launch a spot DOGE ETF in the U.S.

Meanwhile, Changelly analysts predict that DOGE will clinch the $3 target by February 2033 and $4 by November 2033. 

Timeline for DOGE Surge to $5 

Lastly, ChatGPT predicts that DOGE will clinch the $5 target under an extremely bullish scenario in which the token is recognized as the native currency of the internet.

If this happens, the chatbot expects DOGE to be integrated into top projects, including Starlink and gaming platforms. 

Based on these assumptions, ChatGPT predicts that DOGE will clinch the $5 price target between 2028 and 2030. However, Changelly believes it will take much longer before DOGE reaches the milestone, setting a timeline of June 2034, nine years from now.