It seems that it is a exaggeration prediction.
You compare someone who predicted bitcoin will be $50k. Obviously, it is bitcoin with good fundamentals, and not a shitcoin.
As compare to Doge who has been clearly manipulated by someone from behind (ehem Elon Musk), and then the supply cap which is inflated. No offense for Doge lovers and we are on the bandwagon, but $20k? nah, I don't think it will be price like that in 20 years.
Topic: I Predict $20,000 for dogecoin in 5years time - page 2. (Read 4244 times)
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
Seeing the fact that the market red and DOGE have experienced sharp corrections since December makes us realistic, maybe we need 100 people like Elon Musk who can pump DOGE again, and of course this is a very difficult thing even if we don't do real adoption then DOGE will be difficult stay at the top 100 rankings.
now if you look at coin doge as you said, it has experienced a very deep correction since being able to make ATH $0.731578 - May 08, 2021 and experienced a correction to -80.0%, of course this is not a good achievement even though all coins have experienced a decline result of bitcoin correction. but the average decline should be at least below -50% but coin doge experienced more than that, indicating that there is no strong support from doge.if the doge coin can survive, it can be ascertained that there is this ability but if there will be a spectacular increase it seems that it will not be able to be done by doge and it still takes time and innovation, not just an encouragement from people like @elonmusk only. if indeed there will be many institutions willing to invest in doge, it seems that the value will not be as stated.
I think you are dreaming
For a shitcoin like doge to become that much inflation should reach %100000 or more.
That is very clear but Dogecoin is not Shitcoin because its age in cryptocurrency is very long and for such a high price I agree that it is an illogical dream For a shitcoin like doge to become that much inflation should reach %100000 or more.
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So if doge reach 20.000$ we would have some huge problems.
Not only a problem, but there are also surprises with other Altcoins and Bitcoin too, because if Dogecoin could be at that price, Bitcoin would be 100x that price. 
I think not really happening again for second chance with Dogecoin reach to higher price depend with not any investor believe with Elon Musk as advertiser of Dogecoin, last night he made tweet about advertising with Dogecoin just reach only 0.15$ without few minutes before Dogecoin back dump again to lower price. I think looks not any investor want get risk to buy back Dogecoin because Elon Musk just want to make you got loss with Dogecoin, he try advertising Dogecoin but he has ready for selling his assets and you will buy on higher price but he success sold his Dogecoin.
Who knows, after getting a moral injection from Elon Musk Dogecoin will be better than before. Maybe dogecoin needs support from the community or some Influencers to reach the $20,000 mark in the next 5 years. Recently, Elon Musk has made a sensation on his Twitter account again.
https://twitter.com/elonmusk/status/1483633282482847744?s=20
https://twitter.com/elonmusk/status/1483631831748685835?s=20
https://twitter.com/elonmusk/status/1483632730298621954?s=20
Could it be that this was aimed at Dogecoin or he wanted to use another coin as a test subject.
https://twitter.com/elonmusk/status/1483633282482847744?s=20
https://twitter.com/elonmusk/status/1483631831748685835?s=20
https://twitter.com/elonmusk/status/1483632730298621954?s=20
Could it be that this was aimed at Dogecoin or he wanted to use another coin as a test subject.
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.
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 beginningDon't you think that amount is too much? Predicting $5K is somehow big for me and if that tend to happen, then btc will be around $300k and Ethereum will be around $80K. The market will determine this not ourselves speculating the price of different tokens and coins. Let's keep watching what the market has for us and I'm very sure that things are going to get better.
And there maybe be people that will sell their major coins only to invest on doge coin because you know it needs a lot of money to be able to pump such huge supply coin, after all the possibility is still low because what will they get after it? What is the real benefits that it can contribute on the crypto world.
Seeing the fact that the market red and DOGE have experienced sharp corrections since December makes us realistic, maybe we need 100 people like Elon Musk who can pump DOGE again, and of course this is a very difficult thing even if we don't do real adoption then DOGE will be difficult stay at the top 100 rankings.
Don't you think that amount is too much? Predicting $5K is somehow big for me and if that tend to happen, then btc will be around $300k and Ethereum will be around $80K. The market will determine this not ourselves speculating the price of different tokens and coins. Let's keep watching what the market has for us and I'm very sure that things are going to get better.
It's an insane prediction if you ask me. But knowing that crypto behaves in strange and bizarre ways, anything's possible. The only way DOGE would reach such a high price is if Bitcoin is valued at millions of dollars per coin and/or Fiat's inflation keeps rising non-stop. Otherwise, I don't see it reaching more than $0.50 anytime soon. I'd focus more on cryptocurrencies with real use cases like Bitcoin and Ethereum than Dogecoin itself. The latter is a "meme" coin subject to speculation and hype. It can either go all the way up or down the drain in an instant. With BTC and ETH, the risk of loss is lower. They provide real use cases in the mainstream world, so my guess is that they'll last longer than Dogecoin itself. Prices for both BTC and ETH will surely go higher over time as more people notice their true benefits. Who knows what'll be of Dogecoin 5 years from now? Just my thoughts
Correction for DOGE will continue as the market remains bearish. I'm surprised it's still sitting at the top 10, but eventually, as the bearish market prolong, it will go down, and when investors panic, it will not be in the top 100 again. I'd rather buy a coin with some decent potential so if ever they'll dump, investors will still stay and they have a good chance of rising again. Taking note, Shib is going down as well in the ranking, these meme coins would never survive without hype.
Shiba Inu is a bad meme token but for Dogecoin it is a slightly different meme coin and has also been in the crypto space for a very long time so it can stay in a good position and I personally have never seen Dogecoin in the top 100 except for the top 5 in the past, because this Dogecoin already has little trust from the big investors in the past and also in the present 
I think you are dreaming
For a shitcoin like doge to become that much inflation should reach %100000 or more.
So if doge reach 20.000$ we would have some huge problems.
For a shitcoin like doge to become that much inflation should reach %100000 or more.
So if doge reach 20.000$ we would have some huge problems.
I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.
Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now.You don't have to be an Einstein to know that the prices of coins that were created only to be pumped will drop the fastest when the bear market starts.
There is no doubt that if the drops in prices continue for several weeks, both DOGE and SHIBA will fall from the top100 for sure.
If we will not see any progress in terms of development for doge or shib, I don't think they can sustain their current price. But maybe, high probability that doge will still exist after 5 years, but the price, this one is hard to determine. And with regards to shib, its existence is questionable and more than likely, it will be abandoned in that time period. Once the team got tired of creating hype or spreading fud, they will slowly disappear in the limelight. They don't even bother to update their thread in the forum. So I don't know exactly their true intentions here, but in my opinion, shib can easily disappear in this market as compared to doge.
I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.
Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now.You don't have to be an Einstein to know that the prices of coins that were created only to be pumped will drop the fastest when the bear market starts.
There is no doubt that if the drops in prices continue for several weeks, both DOGE and SHIBA will fall from the top100 for sure.
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 beginningDon't you think that amount is too much? Predicting $5K is somehow big for me and if that tend to happen, then btc will be around $300k and Ethereum will be around $80K. The market will determine this not ourselves speculating the price of different tokens and coins. Let's keep watching what the market has for us and I'm very sure that things are going to get better.
I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.
Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now.I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.
Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now. dogecoin has an invaluable advantage that other cryptocurrencies do not have. With dogecoin, We get the benefit of fixed inflationary currency which bears the features of current fiat currency. However, if we look at the graph of people's interest across dogecoin on google, we can see that it is going down compared to last year.
because indeed their hype has started to slowly wear off after doge is known as coin manipulation and many people are trapped there.and now I don't think doge is anything special anymore apart from coins that are pumped by Elon.
It is clear that the hype about dogecoin is no longer on the market. It is also rumored that dogecoin will have a deflationary system which I think will ruin its uniqueness. I don't think there is any possibility of dogecoin becoming $20000 after 5 years. Before deciding the price of a coin, we should look at the overall issue first. According to the circulating supply of dogecoin, if its price is 20k, what will be its total market cap? It's just an unrealistic fantasy. I think dogecoin could be around $1 by 2025 if they can really do any development work of this meme coin.
agree with what you said, this would just be an impossibility and anyone would know about it.they have unlimited supply and it's very hard to see a coin whose supply is unlimited but expects to be a significant number.
This is an impossibility that cannot be achieved even if there are hundreds of pumps
I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.
dogecoin has an invaluable advantage that other cryptocurrencies do not have. With dogecoin, We get the benefit of fixed inflationary currency which bears the features of current fiat currency. However, if we look at the graph of people's interest across dogecoin on google, we can see that it is going down compared to last year.
Also looking at the dogecoin transaction graph it is even clearer that what was around 140k in the middle of last year is now down to less than half.
It is clear that the hype about dogecoin is no longer on the market. It is also rumored that dogecoin will have a deflationary system which I think will ruin its uniqueness. I don't think there is any possibility of dogecoin becoming $20000 after 5 years. Before deciding the price of a coin, we should look at the overall issue first. According to the circulating supply of dogecoin, if its price is 20k, what will be its total market cap? It's just an unrealistic fantasy. I think dogecoin could be around $1 by 2025 if they can really do any development work of this meme coin.
Also looking at the dogecoin transaction graph it is even clearer that what was around 140k in the middle of last year is now down to less than half.
It is clear that the hype about dogecoin is no longer on the market. It is also rumored that dogecoin will have a deflationary system which I think will ruin its uniqueness. I don't think there is any possibility of dogecoin becoming $20000 after 5 years. Before deciding the price of a coin, we should look at the overall issue first. According to the circulating supply of dogecoin, if its price is 20k, what will be its total market cap? It's just an unrealistic fantasy. I think dogecoin could be around $1 by 2025 if they can really do any development work of this meme coin.
Dogecoin price to $1 is still very possible, more than that is impossible.
those who wish dogecoin bullish over $1 should pray that more influencers buy dogecoin and shill about it like Elon did.
It's still possible for a $1 price on Dogecoin, the only problem is that it will be difficult for Dogecoin to come during a period of correction like now so that what is possible becomes very difficult to happen even though there are many influencers who want to support it because the influencers also have deeper considerations when choosing a particular product in the form of a coinmeme such as Dogecoin.those who wish dogecoin bullish over $1 should pray that more influencers buy dogecoin and shill about it like Elon did.
I would not rely much on Elon Musk when speaking about future dogecoin pump. Last time he mentioned dogecoin in his tweet was January 14 and the market reacted with 12% growth (later it felt back to where it was). That is just 3 cents. The price did not double, like it used to. I can not even imagine how many times more he need to tweet about dogecoin, for it to reach $1. Elon is not a parrot. He can not tweet dogecoin-dogecoin-dogecoin all the time. I think his influence on cryptocurrency market became weaker.
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