Topic: I Predict $20,000 for dogecoin in 5years time - page 16. (Read 4287 times)
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.
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 $20,000 and above in 5 years time
just like this user predicted the price of bitcoin in the beginning
I think that is impossible if there are no new developement maybe 20k$ for doggy in 5 years is hard don't believe it will reach that price, we cannot really predict the exact price in the near future but we an prepair on it and hold some doggy who knows that doggy will really reach that price. All we can do is to prepair on the posible rising of its price soon. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time
just like this user predicted the price of bitcoin in the beginning
Maybe I could be wrong but I want to say the same thing what the first reply in his thread, its impossible.
Hope I should be wrong!
^ Dogecoin to $ 20,000 is like a bedtime myth, I don't see any strong reason which can pump Dogecoin into the $ 20,000 mark, and if Dogecoin is priced at $ 20,000 then the fees charged for the entire transaction will be very expensive. Hope I should be wrong!
That’s impossible just look at the marketcap of Dogecoin, its very unlikely to hit that price due to very large supply. Before you go that price why not aim for short term ones maybe a $1 or $2 per doge is a bit more realistic than $20k. Doge is overhyped and no use case don’t expect it will over perform its obviously a billionaires favourite toy as of now, not much expecting from it.
$1 is a very feasible target for doge. Now, that Elon seems serious in further developing the system transaction efficiency by collaborating with doge dev, this may result to a better doge platform. But $20k for doge is too much, in my opinion. We need to be realistic with things here. 5 years time is not that far but $20k is very very far from what doge is today. Just be grateful that this old memecoin has achieved a different path this year. Because of Elon, it achieved a different popularity in the market and now the price skyrocketed from about $0.0005 at the start of this year to $0.50 today, that's 100k% increase. Very few alt can achieve such feat.
That’s impossible just look at the marketcap of Dogecoin, its very unlikely to hit that price due to very large supply. Before you go that price why not aim for short term ones maybe a $1 or $2 per doge is a bit more realistic than $20k. Doge is overhyped and no use case don’t expect it will over perform its obviously a billionaires favourite toy as of now, not much expecting from it.
I can understand people making predictions that go beyond their own life when it comes to the technology but when it comes to the markets what is the point of predicting a price when there is no chance we are going to see during our lifetimes? Dogecoin is not going to last that long, it is likely it will disappear on a few decades once people realize the market of altcoins is a waste of time and that they should have kept their bitcoin instead.
People are making insane predictions but we cannot say that Dogecoin will disappear in a few decades, there are other meme coins that are following the Doge theme and some are making huge strides and people are looking at these coins and investing heavily thinking that some of the huge investors will pump the coin and it happened in some of the coins. These pumps will not last, make the most you can and get out of it should be the theme .
$20,000 is an outrageous prediction.
That is an ambitious estimation 
1000 years is a long time and none of us will get the chance to validate or invalidate your guess
It will however not go to $20,000 that is for sure and you don't need to be particularly smart to know that. If that happens the world has a lot of other problems that's guaranteed.
I can understand people making predictions that go beyond their own life when it comes to the technology but when it comes to the markets what is the point of predicting a price when there is no chance we are going to see during our lifetimes? Dogecoin is not going to last that long, it is likely it will disappear on a few decades once people realize the market of altcoins is a waste of time and that they should have kept their bitcoin instead. 1000 years is a long time and none of us will get the chance to validate or invalidate your guess It will however not go to $20,000 that is for sure and you don't need to be particularly smart to know that. If that happens the world has a lot of other problems that's guaranteed.
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 just like this user predicted the price of bitcoin in the beginning
Therefore, maybe dogecoin can get to $20,000 and above in 5 years time
just like this user predicted the price of bitcoin in the beginningOkay lets make some mathematics on here ... 129,582,999,369 (total supply) x $20,000 per coin = 2,591,659,987,380,000 total cap.
It wont be bad to take a look into fiat total marketcap: https://coinmarketcap.com/fiat-currencies/
Impossible even im dreaming on with this thing to happen.So better expect this one!
Nice calculation dude, makes it realistic, hopefully, these people who are hoping DOGE to reach this price will wake up as it will never happen.
This is basic information, DOGE and BITCOIN do not have the same supply, DOGE has billions hence it's impossible to value that price.
The hype is really huge, we can blame this to Elon Musk.
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 just like this user predicted the price of bitcoin in the beginning
Therefore, maybe dogecoin can get to $20,000 and above in 5 years time
just like this user predicted the price of bitcoin in the beginningOkay lets make some mathematics on here ... 129,582,999,369 (total supply) x $20,000 per coin = 2,591,659,987,380,000 total cap.
It wont be bad to take a look into fiat total marketcap: https://coinmarketcap.com/fiat-currencies/
Impossible even im dreaming on with this thing to happen.So better expect this one!
$1 for Doge is easily possible in this market. It is already at $0.50 and has held its fourth and on coinmarketcap despite undergoing a big correction. However, some new dog meme coins are there to compete with it.
It is true that the $ 1 target is very easy for Dogecoin to achieve, even 4 days ago the Dogecoin price managed to hit the price of $ 0.7.This means that the closer the Dogecoin price is to reaching the $ 1 price, I even predict that this month Dogecoin will reach a price of $ 1.
But to reach that price of $ 20k is still hard for me to imagine, after all I'm not sure Elon Musk will support Dogecoin for the next 5 years.
So I can't really comment on the Dogecoin price hitting $ 20k in 5 years.
Compared to the other top 10 cryptos, Dogecoin has decreased very significantly, in fact, Dogecoin decreased by 33% compared to the Dogecoin
price 7 days ago. It's a price drop that doesn't come as a surprise, because most Dogecoin holders are indeed a lot of newbies who are influenced
by Elon Musk's tweets. And most Dogecoin holders, finally couldn't wait for the Dogecoin price to recover. Many Dogecoin holders are weak hands,
but I believe Dogecoin will rise again soon, if any investors want to buy Dogecoin now the Dogecoin price is low enough to buy. I still believe the target
price of $ 1 can still be achieved by Dogecoin this year, so those who are still holding Dogecoin can just be patient waiting for the Dogecoin price
to rise again.
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 just like this user predicted the price of bitcoin in the beginning
There's nothing wrong about predicting on what may happen on a certain coin after few years. Let us be reminded that when bitcoin started, it has a really low price although the competition is much tougher right now considering the emergence of the new coins. Doge has been making much noise ever since Elon Musk started advertising it on twitter, we can expect the unexpected for it but still we should be aware that there are possibilities that all of this predictions will not come to life. It might be tough for doge to reach that kind of price but still, its value is very unpredictable.Therefore, maybe dogecoin can get to $20,000 and above in 5 years time
just like this user predicted the price of bitcoin in the beginningPredicting implies to a certain degree that you base whatever you put forward on premises. I would like to know his premises. How did the idea build up in his mind that DOGE ever, like ever, not even only in 5 years, could hit $20,000. It won't go there, never.
$1 for Doge is easily possible in this market. It is already at $0.50 and has held its fourth and on coinmarketcap despite undergoing a big correction. However, some new dog meme coins are there to compete with it.
It is true that the $ 1 target is very easy for Dogecoin to achieve, even 4 days ago the Dogecoin price managed to hit the price of $ 0.7.
This means that the closer the Dogecoin price is to reaching the $ 1 price, I even predict that this month Dogecoin will reach a price of $ 1.
But to reach that price of $ 20k is still hard for me to imagine, after all I'm not sure Elon Musk will support Dogecoin for the next 5 years.
So I can't really comment on the Dogecoin price hitting $ 20k in 5 years.
$1 for Doge is easily possible in this market. It is already at $0.50 and has held its fourth and on coinmarketcap despite undergoing a big correction. However, some new dog meme coins are there to compete with it.
Now Doge can and will rise in price up to one dollar. However, after five years, I'm not even sure that such a token will exist. However, if it does, then with a minimum price. Its current half dollar price will probably be too high in five years.Not all useful cryptocurrencies will survive five years from now. The hype around this token will soon end and it will simply become useless.
$1 for Doge is easily possible in this market. It is already at $0.50 and has held its fourth and on coinmarketcap despite undergoing a big correction. However, some new dog meme coins are there to compete with it.
Now Doge can and will rise in price up to one dollar. However, after five years, I'm not even sure that such a token will exist. However, if it does, then with a minimum price. Its current half dollar price will probably be too high in five years.Not all useful cryptocurrencies will survive five years from now. The hype around this token will soon end and it will simply become useless.
Then think about how much the FED would have to still print in order to reasonably put a $20,000 price tag on DOGE. The Fed will keep printing, but I doubt they will print 30 times more of what they have printed over the last 18 months.
The ironic problem with DOGE just like the FED (well sort of) is that there is no limit to what can be minted as there is not a cap on the total minted like certain other coins . While the FED can keep printing or allocated towards the national debt via act from Congress and the Senate. Additionally, DOGE hasn't had any halving in rewards like other well know cryptos like BTC and ETH. So this is why DOGE most likely will crash like it always does and then come back down to the $0.10-0.30 range unless there is wider overall use that is DOGE or any crypto's boon.
An unrealistic price by OP, how on earth will you think of such price for dogecoin, 200 per dogecoin is totally unrealistic not to mention $20k in five years time, with the hype being put in place $2 might be realistic, gone are those days when dogecoin was being given out freely as a tip, only few saw this price coming for doge, $0.7 per doge was totally unrealistic few years ago
well, the $ 20k price tag for 1 Doge really doesn't make much sense at the moment. Although the doge's price increase was truly extraordinary, however, until now I am still wondering whether the Doge's price could reach $ 1 or even $ 2 in the future. however, we don't know how long the doge's price will go up, but even a coin like ethereum can still hit a whopping $ 20k. 
Maybe, i decide to go to bed to have a daydream about Dogecoin to $20000.
Buddy, let's come down to earth, if you pridict Doge $1 or 2, it's still a bit possible, but add more 4 zero, no way.
Buddy, let's come down to earth, if you pridict Doge $1 or 2, it's still a bit possible, but add more 4 zero, no way.
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 just like this user predicted the price of bitcoin in the beginning
There's nothing wrong about predicting on what may happen on a certain coin after few years. Let us be reminded that when bitcoin started, it has a really low price although the competition is much tougher right now considering the emergence of the new coins. Doge has been making much noise ever since Elon Musk started advertising it on twitter, we can expect the unexpected for it but still we should be aware that there are possibilities that all of this predictions will not come to life. It might be tough for doge to reach that kind of price but still, its value is very unpredictable. Therefore, maybe dogecoin can get to $20,000 and above in 5 years time
just like this user predicted the price of bitcoin in the beginningDare I say this prediction might come to fruition as the FED has printed 78% of the money supply in the last 18 months. I can see Doge hitting $20K if the FED keeps printing, the dollar loses it's world reserve currency status and there is just overall hyperinflation due to people getting a free lunch for over a year not having to work due to "COVID". Otherwise, if the FED can prop itself up once again or the inflation isn't as high as many are seeing it going then DOGE might go back to less than $0.01 or within the range of $0.10-0.75 as it has traded thus far.
Then think about how much the FED would have to still print in order to reasonably put a $20,000 price tag on DOGE. The Fed will keep printing, but I doubt they will print 30 times more of what they have printed over the last 18 months.
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