The top account, with the address ‘DH5yaieqoZN36fDVciNyRueRGvGLR3mr7L’, currently holds 36,711,943,025 DOGE – or 28.28% of all Dogecoin. This has a value of over $13.65 billion at the time of writing.

But, just how much is an investment in the coin worth today? Well, a $1,000 investment in Dogecoin made in October of 2020 would have netted an investor about 386,000 DOGE. At its current price of 25 cents, that would mean one’s $1,000 investment would be worth just under $100,000 right now.

As for valuation, Dogecoin is worth what it’s worth because others believe the token will increase in value. Those investing in DOGE also are banking on more headlines from celebrity hype. Of course, the fact that Dogecoin is so popular right now is great.

Is dogecoin mining profitable? Well, dogecoin mining can still be profitable, especially thanks to the recent price surge. However, don’t expect to become a millionaire. Having powerful hardware and joining a pool will give you the best possible chance of making a profit from doge mining.

The mining process of Dogecoin became increasingly difficult over the course of 2021, as revealed by figures that show how many times miners need to run a calculation.

As per the common technical analysis and Dogecoin price prediction from Wallet Investor, a long-term increase is expected. The price prognosis for 2026 is $0.945. With 5-years investment in DOGE/USD, the revenue is expected to be around +86.33%.

It would be nearly impossible for Dogecoin to reach $100, because there isn’t quite enough money in the whole world. Every $1 that the Dogecoin price were to increase would require an additional $180 billion in 2030. To reach $100 by 2030, then, there would have to be $18 trillion invested in Dogecoin.

ATH prediction of Dogecoin by 2030 is 33.84 in the year 2028. Dogecoin is expected to touch 25.38 USD by the end of 2030.

One Dogecoin is worth 0.002777 US Dollars. If you choose to mine Dogecoin solo, it will be difficult to make a profit. You will probably spend more money on electricity and hardware than you will make from Dogecoin mining. Even if you choose a Dogecoin pool or a cloud pool your profits will be small.

Yes, mining Dogecoin is still profitable – based on the mining hardware hashrate of 2,200,000.00 KH/s, electricity costs, and pool / maintenance fees provided. While, mining Dogecoin is still profitable as of right now…

You can still mine Dogecoin as mentioned above, but due to the costs that would be included in mining, you wouldn’t make a profit out of it. You would still gain Doge’s but it would not be enough to pay for your electricity bill. Around three years ago it was announced that Litecoin and Dogecoin would merge mining.

Zcash (ZEC) is the most profitable cryptocurrency to mine, with expected returns far higher than other PoW coins like Ethereum (ETH) and Bitcoin (BTC).