Right now, Dogecoin is trading at $0.2521, and some believe it could pass $1 if Bitcoin brings another domino effect to the market – we’ll check out the details below.

Another project that could get attention is Shiba Galaxy ($SHIBG) with its next-gen Layer-2 infrastructure for building meme coins.

Let’s check out the deets.

Can Dogecoin Hit $1 When Bitcoin Reaches a $10 Trillion Market Cap?

Right now, Dogecoin is trading at around $0.2521, down 4.8% in the last 24 hours. The trading volume over the past day is approximately $1.46 billion.

If Bitcoin’s market cap reaches $10 trillion, what could that mean for DOGE? Right now, Bitcoin’s market cap is around $1.9 trillion, meaning it would need to grow by over 400% to hit that milestone. In this case, its price would be about $504,000 per BTC. If Dogecoin were to follow a similar path, it could rise to around $1.17.

Several factors could influence Dogecoin’s price beyond Bitcoin’s growth. Regulatory changes in the U.S. could create a more favorable environment for crypto, especially with increasing political support for Bitcoin.

Meanwhile, Elon Musk’s ongoing influence—now in an official government role—keeps fueling speculation around DOGE. His past endorsements have caused some big price surges, and there’s belief that his involvement could push DOGE past $1 and potentially toward $10.

Analyst Eason Y. Zhou supports this view and says that political and economic shifts could push DOGE beyond $1 soon, with a possible climb toward $10 in the near future.

Shiba Galaxy ($SHIBG) – A Layer-2 Blockchain For Building More Powerful Meme Coins

Meme coins have evolved beyond internet jokes—they’re now a significant part of the crypto space, with a combined market cap of $74.19 billion and daily trading volume reaching $7.33 billion.

Shiba Galaxy ($SHIBG) might push the meme coin ecosystem forward with a high-speed, low-cost Layer-2 blockchain tailored specifically for these tokens. It may enable transactions that are significantly faster with near-zero fees, potentially making it easier and more cost-effective for new projects to launch and scale.

The testnet is already handling over 46,000 daily transactions, demonstrating its ability to support high network activity. Unlike many blockchains that slow down and become expensive as usage increases, Shiba Galaxy could maintain speed and affordability.

Cross-chain transfers are often slow and expensive, but Shiba Galaxy could address this with instant, low-cost Ethereum bridging, potentially making interoperability more seamless and accessible.

Additionally, the project may introduce a decentralized exchange (DEX) built specifically for meme coins. This could provide a dedicated trading hub, free from the high fees and congestion seen on broader crypto platforms.

Currently, SHIBG is available on Uniswap and has been listed on DexScreener. As awareness grows, the project may gain further recognition.

To support development within its ecosystem, Shiba Galaxy offers grants to meme coin and DApp developers, for better innovation and expansion. Its smart contracts have successfully passed audits by Solidproof and Coinsult, reinforcing the platform’s security and reliability.

Unlike centralized projects where a select few control decision-making, Shiba Galaxy could give users a voice in governance, allowing them to help shape its future.

With its focus on speed, cost-efficiency, and ecosystem growth, Shiba Galaxy may be well-positioned to attract attention in the coming weeks. It has the potential to provide the infrastructure needed to push meme coins to new heights.

Final Thoughts

If Bitcoin keeps growing, Dogecoin could have a shot at hitting $1 or more—especially with regulatory changes and Elon Musk’s influence in play. But its future still depends on market trends and investor interest.

At the same time, Shiba Galaxy ($SHIBG) might bring something new to meme coins with Layer-2 tech for faster, cheaper transactions.

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Please keep in mind that this article is not financial advice. All crypto tokens are volatile, and trading involves risk. Always do your own research and consult a qualified expert before joining any crypto venture. Mention of any tokens in this article does not guarantee future performance. Statements regarding the future carry risks and are not assured to be updated.

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.