How high is the high prices of Dogecoin if it covers the debts of the United States?

Although stay away from Elon Musk from Doge to focus on Tesla, speculation remains widespread that Meme Dogcoin still finds its place within the United States government. With Musk already adopted Dogecoin in Tesla and described himself as “Doug’s father”, his close relationships with President Trump make this likely to happen. If this MG currency is chosen for a decisive role, such as American debt coverage, what is the high price of Dogecoin?

Can Dogecoin intervene to cover US debt worth $ 36 trillion?

according to Data from the National TreasuryThe US debt is 36 trillion dollars, with more than 4 trillion dollars in four years. This growth raised concerns, as Jim Kramer urged investors to resort to encryption as a safe haven.

During these four years, the price of the DOGECOIN share increased by more than 340 %, with the maximum market increased by more than 5 times. This indicates that the price of Mimi is growing at a higher rate than the American national debt.

Thus, by looking at the historical performance of Dogecoin, the share price can rise to a point that can completely cover the growth of the growth of debt.

Meanwhile, American lawmakers such as Senator Sinator Sinatia Lomes have already flowed an encrypted solution to the debt accused. This increases the possibility of Dogecoin intervention to solve this problem.

To what extent will the price of Dogoin?

Let’s explore three scenarios about the high price of DogCoin if it is used to cover US debt. In every scenario, we assume that Dogecoin’s inflationary supplies are still 149 billion.

• Screen 1: Doug completely covers 36 trillion US dollars

If Dogecoin completely covers the US debt of $ 36 trillion, the share price will be 240 dollars, assuming that the offer is still 149 billion coins. At this price, Dogecoin will be worth three times more than the entire global technology sector.

• Screen 2: Dog cover 50 % of the US debt 36 trillion

If the US government is using Dogecoin to cover only half of the US debt, which is $ 18 trillion, the share price will be $ 120, with a symbolic supply of $ 149 billion. This is unrealistic again, because it is half of the entire US gross domestic product.

• Screen 3: Doug covers 1 % of the US debt 36 trillion

In the third scenario, which is also the most logical, we assume that the upper coin is used to cover only 1 % of the debt, which is only 3.6 trillion dollars. This is possible, given that the price of Dogecoin shares will be at $ 24. With a 3.6 trillion dollar market hat, Dogecoin will be two times larger than Bitcoin and almost equals the entire encryption market.

Do these goals seek realism?

First, the idea of ​​choosing Dogecoin to cover US national debt is far -reaching, bearing in mind that Meme currencies are known to be very volatile. Thus, this scenario is still very speculative.

Moreover, two goals achieved with the above accounts – $ 240 and 120 dollars – are not realistic due to the maximum huge market that will give it to the Dogecoin stock. Moreover, given that Doge is inflation, the increasing supply will be an obstacle to the foregoin price forecast.

The most realistic goal of the scenarios above is $ 24, which will push Dog to a $ 3.6 trillion market roof. However, this means that Dogecoin outperforms Bitcoin and the entire encryption market.

The main factors that will affect the performance of Dogoin prices

1. Crying regulations in the United States: The American regulatory framework turns towards encryption, and with some legislators turning towards encryption to facing economic challenges such as increasing debt, the price of Dogecoin is preparing for gathering.
2. Institutional adoption: Many asset managers apply for the Ingecoin Investment Funds with SEC, highlighting the demand by institutional investors to exposure to meme currencies. If the approvals get the SEC green light, then the institutional flows of the fence will enhance the gains.
3. Elon Musk’s support: After moving away from the government agency, Musk may decide to convert its focus into Dogecoin. Musk has moved in the past tremendous gains in the price of the Dogoin stock through social media approvals.
4. Bitcoin growth: Dogecoin tends to track bitcoin price performance, and with senior analysts such as Cathy Wood predicts BTC raising a million dollars, Dogecoin can rise easily.

Looking at these main factors, the price of Dogecoin remains on a bullish path, whether the United States government chooses it to cover the growing debts or not. However, if Dogecoin gains benefit in such a role, it will increase its legitimacy and noise, and this may see that it is superior to the broader encryption market.

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Muthoni Mary is an analyst and writer in the veteran encryption market that has more than three years of experience in dissecting Blockchain trends, price movements, and market dynamics. Through the acute eye of technical analysis and an in -depth understanding of the scales on the series, it provides insightful -based content that helps investors to move in the world of fast -paced digital assets.

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.