Dogecoin (CRYPTO: DOGE) has struggled in recent days with consistent price declines that have also affected other meme coins.

Now, the meme coin is up 1.63%, trading at $0.1717. The coin continues to trade more than 50% below the higher levels it reached eight weeks ago.

Despite the recent underperformance, several market analysts remain bullish on Dogecoin and suggest the coin could still break the $1 mark this year and potentially rally beyond the $10 range in a more explosive bull run.

With the low current sentiment and doubt regarding Dogecoin’s potential, The Crypto Basic focused on how long it could take for the meme coin to reach $10 with a modest 10% monthly gain.

To determine Dogecoin’s price after a 10% increase, we multiply its current value of $0.1717 by 1.1. This results in the coin being worth $0.18887 by April. A further 10% gain from this level would bring the price to the psychological range of $0.2078.

If Dogecoin continues on this trajectory with a 10% monthly increase, it is likely to remain around the $0.20 region for the next few months. By the sixth month (August 2025), the price would reach $0.3042, assuming the 10% growth continues.

A year from now, the price of Dogecoin could be approximately $0.5389. However, to expedite the calculation of how long it would take Dogecoin to reach $10 with a consistent 10% monthly growth, The Crypto Basic utilized exponential growth analysis via OpenAI's ChatGPT.

The formula below demonstrates the timeline for Dogecoin to reach $10 with a 10% monthly growth rate.

After applying exponential growth calculations, the AI determined that it would take about 43 months for Dogecoin to reach $10 with a steady 10% monthly increment. This equates to around 3.6 years, or by October 2028, for DOGE to hit the $10 mark.

This timeline aligns closely with the estimate from the prediction platform Telegaon, which suggests Dogecoin could reach a maximum of $9.12 by 2028. However, Changelly's forecast is more conservative, predicting Dogecoin could only be worth $0.465 by October 2028.

Related: Is It Too Late To Buy Dogecoin As Price Falls Below Key Level?