I Predict $20,000 for dogecoin in 5years time

Abiky

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Quote from: libert19 on April 11, 2023, 02:42:43 AM

No matter what musk brings, this price is impossible, even if another few decades are added to it.

If DOGE had such a high price, it would've surpassed Bitcoin in terms of market cap. We all know this is impossible, since nothing can beat "The King". What makes you think a cryptocurrency with a high supply will ever reach $20k? Besides the fact that there are billions of DOGE in circulation, there's inflation built into the protocol itself (new DOGE are added every day without limits). People are out of their minds thinking they will strike it rich with a "meme" coin like Dogecoin. It's "fool's Gold" if you ask me.

The OP should focus on Bitcoin, since it's the one that holds promise to change our world for the better. All other crypto coins depend on BTC to survive, so without it, everything will simply fade away into oblivion. Who knows if DOGE goes back to being worth less than $0.01 after the hype ends? Just my thoughts Grin

globalpain

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Quote from: libert19 on April 11, 2023, 02:42:43 AM

Quote from: kotajikikox on April 11, 2023, 01:48:10 AM

Quote from: libert19 on April 10, 2023, 10:33:21 PM

Wow! What a failure this gonna be.

there is still room mate , it is only 2 years passed from this post so basically there are still 3 years before it lapse Grin

we don't know what Elon Musk will bring to Dogecoin in the coming years most specially when bullrun comes.

No matter what musk brings, this price is impossible, even if another few decades are added to it.

too dreamy if you want 1 doge = $20k i know Elon musk likes Doge coin even Twitter logo was replaced with doge logo a few days ago,
but it was just part of a joke yea because its april,
and everyone believes and make doge go up , that's fair, but if you want $20k for Doge it's definitely not fair!.

libert19

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Quote from: kotajikikox on April 11, 2023, 01:48:10 AM

Quote from: libert19 on April 10, 2023, 10:33:21 PM

Wow! What a failure this gonna be.

there is still room mate , it is only 2 years passed from this post so basically there are still 3 years before it lapse Grin

we don't know what Elon Musk will bring to Dogecoin in the coming years most specially when bullrun comes.

No matter what musk brings, this price is impossible, even if another few decades are added to it.

kotajikikox

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Quote from: libert19 on April 10, 2023, 10:33:21 PM

Wow! What a failure this gonna be.

there is still room mate , it is only 2 years passed from this post so basically there are still 3 years before it lapse Grin

we don't know what Elon Musk will bring to Dogecoin in the coming years most specially when bullrun comes.

Quote from: barhavsky on March 31, 2023, 01:21:26 AM

everyone can predict any price, but will not be able to guess the exact price, because everyone would expect if altcoin price that is invested increases very high, but in my opinion for the price of Dogecoin to increase $20,000 it is unrealistic, so I don't believe in your predictions, but it's your right to provide Dogecoin price predictions, because everyone has their own speculation.

In crypto there is no impossible to happen.though there is a tiny chance for doge to reach this yet there are chances in the future.

Elon is still alive to make this possible .

libert19

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Wow! What a failure this gonna be.

yohananaomi

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Quote from: barhavsky on April 04, 2023, 12:04:39 AM

let's wake up my friend, indeed for now the price of Dogecoin continues to increase and is supported by many investors including Elon Musk, but for the price of Dogecoin to increase at $20k, then in my opinion it is impossible to happen even though in the next 5 years, because for now the price of Dogecoin has not touched $1 and $20k is a very far increase from the current price of Dogecoin, therefore I am not sure if the price of Dogecoin can increase to $20k in the next 5 years.

I feel what you think is the same as what I predict, it seems unlikely that it will happen even though for the next 5 years Doges will be able to reach a price of $ 20K, too high a price to reach. even though there is a possibility that there will be an intervention even by elon musk, because even the last ATH has not been able to reach more than $ 1.
what is now needed is to be able to penetrate ATH again in 2021 first and gradually to be able to increase and not have too big ambitions that are unlikely to be fulfilled.

barhavsky

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let's wake up my friend, indeed for now the price of Dogecoin continues to increase and is supported by many investors including Elon Musk, but for the price of Dogecoin to increase at $20k, then in my opinion it is impossible to happen even though in the next 5 years, because for now the price of Dogecoin has not touched $1 and $20k is a very far increase from the current price of Dogecoin, therefore I am not sure if the price of Dogecoin can increase to $20k in the next 5 years.

errorcode99

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Quote from: palle11 on April 29, 2021, 10:09:55 AM

Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking.

Therefore, maybe dogecoin can get to $20,000 and above in 5 years time Grin

just like this user predicted the price of bitcoin in the beginning

I believe that in order to predict Dogecoin coins, you need to decorate with some information to make the forecast for five years or more more correct. I think the price won't be too high. Looking to the future, I think the price of Dogecoin will go up to a maximum of $5 and no more. Because Dogecoin is irrelevant to Ethereum, So you have to come down to earth and see this crypto world realistically.

yohananaomi

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Quote from: barhavsky on March 31, 2023, 01:21:26 AM

everyone can predict any price, but will not be able to guess the exact price, because everyone would expect if altcoin price that is invested increases very high, but in my opinion for the price of Dogecoin to increase $20,000 it is unrealistic, so I don't believe in your predictions, but it's your right to provide Dogecoin price predictions, because everyone has their own speculation.

that's right, friend, everything can be predicted, but whether it can be true or not, it will certainly be returned to the situation later, but the most important thing is whether it is relevant to the situation? because predicting according to will and by chance indeed holding the coin is certainly unethical.
I really doubt that and it's the same as what you said, because it's not realistic, especially since Doge is a meme coin that can disappear from the market at any time because everyone throws it away.

Abiky

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Quote from: jaberwock on March 28, 2023, 12:55:22 PM

5 years is a long time but man we are only talking about a meme coin here that mostly rely on hypes for it to pump but when it pumps it can hardly reach 1 dollar or 2.

I think I can believe more on that tweet last time of the guy who claims that Bitcoin will be at 1 million dollars within 3 months even though it's also kind a crazy but at least Bitcoin have some past experience already were it shocks people hitting prices we never thought it can hit and sometimes its values move quickly (thanks to its highly volatile state.) but back in doge again, even though some big companies supports it, I still doubt that $20k for Doge coin is possible. The highest it can get is maybe 1 dollar.

Most people think Dogecoin is a way to "get rich quick", so they will make wild predictions about its market price without truly understand how it works. Developers made DOGE an inflationary cryptocurrency, so don't count on seeing high prices anytime soon. It's not only inflation, but it's the fact that there are billions of DOGE in circulation which makes matters worse.

Considering that Dogecoin's ATH was around $0.70, there's a slight possibility it could reach $1 by the next bull market. But I doubt it will retain such market prices, especially when there's no substance to it. The crypto market is widely unpredictable, so we should expect the unexpected. Who knows what would of DOGE 5 years from now? Just my thoughts Grin

barhavsky

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everyone can predict any price, but will not be able to guess the exact price, because everyone would expect if altcoin price that is invested increases very high, but in my opinion for the price of Dogecoin to increase $20,000 it is unrealistic, so I don't believe in your predictions, but it's your right to provide Dogecoin price predictions, because everyone has their own speculation.

jaberwock

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Quote from: kevinzxz on March 27, 2023, 10:23:58 AM

I think the price of Dogecoin is very difficult to increase by $20k even in the next 5 years, because I think the price of Dogecoin will go up just because of the hype from Elon Musk and when people got tired of Elon Musk tweets about Dogecoin, then people will no longer invest in Dogecoin and I'm sure the price of Dogecoin won't go up again, so I think $20k is an impossible price for Dogecoin (unless there are a lot of big companies that use Dogecoin for payments, then I believe that the price of Dogecoin can reach $20k in the future).

5 years is a long time but man we are only talking about a meme coin here that mostly rely on hypes for it to pump but when it pumps it can hardly reach 1 dollar or 2.

I think I can believe more on that tweet last time of the guy who claims that Bitcoin will be at 1 million dollars within 3 months even though it's also kind a crazy but at least Bitcoin have some past experience already were it shocks people hitting prices we never thought it can hit and sometimes its values move quickly (thanks to its highly volatile state.) but back in doge again, even though some big companies supports it, I still doubt that $20k for Doge coin is possible. The highest it can get is maybe 1 dollar.

Abiky

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Quote from: wheelz1200 on March 27, 2023, 11:25:16 AM

The meme craze had its rise already. Anyone who would buy them already has and is holding a bag. Things go parabolic because not a lot of people have it and then everyone starts buying. How can people understand this concept. People are all holding a bag already why would they buy more. In short I'd be surprised if doge ever reaches its all time high within the next 10 years and that's under a dollar.

People often get too excited with "meme" coins without truly understanding how they work or what their purpose is in the real world. $20k is an insane prediction for a hyoerinflated coin such as DOGE. It could go as high as $1 because of global inflation and subsequent bull markets. But that's it.

If developers or the community wants DOGE to reach such high prices, they would start burning the supply right away. I don't think they'll do it, especially when they've stated many times that "Dogecoin is a joke". Just because Elon Musk "pumped" this coin back in 2021, doesn't mean it's worth the investment. Crypto land is widely unpredictable these days, so expect the unexpected. Just my thoughts Grin

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Quote from: palle11 on April 29, 2021, 10:09:55 AM

Dogecoin has been different kinds of low level names in the past and in the present but the altccoin seem to have woken up to prominence and maybe it could keep sustaining the move as some altccoins like bnb, xrp, Ada, ethereum have done. Despite the name calling, the growth of dogecoin has really gone pass many so called promising coins and it is now at the 7th spot in crypto ranking.

Therefore, maybe dogecoin can get to $20,000 and above in 5 years time Grin

just like this user predicted the price of bitcoin in the beginning

Nothing is impossible in cryptocurrency. Anything can happen in a moment. But I don't go with the predictions you made. After five years maybe a good position can be formed but if it will be $20000 I can't say for sure. But Dogecoin will definitely make a good position if Elon Marx can make a good announcement. But you can invest and wait for a long time.

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Quote from: ANSEL_2.0 on March 27, 2023, 12:35:04 PM

Then expect Bitcoin to be trading at a million dollars for Dogecoin to see such growth, but I don't see this happening in 2024 or 2025, if your prediction for Dogecoin is over 1$ in two to three years then you will probably get a disappointing result, believe me, 20k on Dogecoin is impossible for now.

My guess is that even if bitcoin hits $1m we are unlikely to see such a high value of dogecoin.
The fact that OP has speculated and compared thinking bitcoin and dogecoin is something very different, we can't imagine all the changes in the future, and I think the time here is quite limited to prove it. witness such a dramatic movement of the entire cryptocurrency market.

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Then expect Bitcoin to be trading at a million dollars for Dogecoin to see such growth, but I don't see this happening in 2024 or 2025, if your prediction for Dogecoin is over 1$ in two to three years then you will probably get a disappointing result, believe me, 20k on Dogecoin is impossible for now.

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Quote from: wheelz1200 on March 27, 2023, 11:25:16 AM

Quote from: Abiky on January 27, 2022, 07:39:12 AM

Quote from: wheelz1200 on January 25, 2022, 08:07:53 PM

There isn't enough money in the world to even get it to $100. Does anyone not understand how unit pricing works and what is used to derive expected future outcomes. There is too much supply for doge to ever even run to $100 how in the world would it reach 1,000. At $20,000 per doge my calculator doesn't even give me a real number for its market cap lol.

Not just $100, but $1 too. DOGE's supply is exaggeratedly inflated, so it's impossible it'll become a store of value in the future. It's better as a currency for small transfers, or as a short-term investment than anything else. I think the OP was just kidding when he said DOGE would reach $20k in 5 years time. After all, DOGE is a "meme" coin. Developers only created it as a joke, not something you would use seriously like Bitcoin or Ethereum.

If you really want a reliable, store of value, then I'd suggest you to look elsewhere. Bitcoin is and will always be the best cryptocurrency in the world because of its built-in deflationary mechanism. Dogecoin and the rest of the other altcoins on the market could simply fade away into oblivion, as they're just mere copies of the original project. The crypto/Blockchain space is extremely overhyped, so I wouldn't be surprised if prices go sky-high for "meme" coins like DOGE and SHIBA within a short amount of time. Just my opinion

The meme craze had its rise already. Anyone who would buy them already has and is holding a bag. Things go parabolic because not a lot of people have it and then everyone starts buying. How can people understand this concept. People are all holding a bag already why would they buy more. In short I'd be surprised if doge ever reaches its all time high within the next 10 years and that's under a dollar.

It might just go more than $1 this 2024 after BTC halves. Altcoin season always makes everyone richer than the last year. The only problem however is the inflation that affects the purchasing power of the $.

I have no doubts the Doge will have its run still but it could take more than 5 years to even get to $5. This $20k is a pipe dream, the more bags you hold the more inclined a bagholder to daydream.

wheelz1200

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Quote from: Abiky on January 27, 2022, 07:39:12 AM

Quote from: wheelz1200 on January 25, 2022, 08:07:53 PM

There isn't enough money in the world to even get it to $100. Does anyone not understand how unit pricing works and what is used to derive expected future outcomes. There is too much supply for doge to ever even run to $100 how in the world would it reach 1,000. At $20,000 per doge my calculator doesn't even give me a real number for its market cap lol.

Not just $100, but $1 too. DOGE's supply is exaggeratedly inflated, so it's impossible it'll become a store of value in the future. It's better as a currency for small transfers, or as a short-term investment than anything else. I think the OP was just kidding when he said DOGE would reach $20k in 5 years time. After all, DOGE is a "meme" coin. Developers only created it as a joke, not something you would use seriously like Bitcoin or Ethereum.

If you really want a reliable, store of value, then I'd suggest you to look elsewhere. Bitcoin is and will always be the best cryptocurrency in the world because of its built-in deflationary mechanism. Dogecoin and the rest of the other altcoins on the market could simply fade away into oblivion, as they're just mere copies of the original project. The crypto/Blockchain space is extremely overhyped, so I wouldn't be surprised if prices go sky-high for "meme" coins like DOGE and SHIBA within a short amount of time. Just my opinion

The meme craze had its rise already. Anyone who would buy them already has and is holding a bag. Things go parabolic because not a lot of people have it and then everyone starts buying. How can people understand this concept. People are all holding a bag already why would they buy more. In short I'd be surprised if doge ever reaches its all time high within the next 10 years and that's under a dollar.

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I think the price of Dogecoin is very difficult to increase by $20k even in the next 5 years, because I think the price of Dogecoin will go up just because of the hype from Elon Musk and when people got tired of Elon Musk tweets about Dogecoin, then people will no longer invest in Dogecoin and I'm sure the price of Dogecoin won't go up again, so I think $20k is an impossible price for Dogecoin (unless there are a lot of big companies that use Dogecoin for payments, then I believe that the price of Dogecoin can reach $20k in the future).

saladin7000

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we all have the right and obligation to be able to analyze and predict the price of a coin, because it can help other forum members to be used as a reference or consideration before starting to invest with the coin we predict, but I really don't believe that Dogecoin will be able to achieve $20,000 over the next 5 years, considering DOGE is a memecoin that has been pumped too high, and now Doge has started to be abandoned because the price has fallen too deep and there is no sign that the memecoin will increase again, but if you predict coin BNB will reach $ 20k in the next 5 years then I totally agree with you,

Topic: I Predict $20,000 for dogecoin in 5years time (Read 4287 times)