Dogecoin investors with over 500K DOGE in their portfolio have the potential to become multi-millionaires if the coin reaches the double-digit range.
At the current price of $0.1703, wallets holding 500,000 DOGE tokens have a portfolio worth $85,150. If the price of DOGE reaches $10, the value of 500K DOGE would be $5 million, representing a 5,772% gain.
If the price continues to surge and reaches $20, the value of 500K DOGE would be $10 million. In the scenario of DOGE hitting $50, the value would skyrocket to $25 million, resulting in a 14,580% gain.
For those holding 1 million DOGE, currently worth $170,000, the potential returns are even more impressive if DOGE reaches $10, $20, or $50. The value of 1 million DOGE would be $10 million at $10 per DOGE, $20 million at $20 per DOGE, and $50 million at $50 per DOGE.