I know we are free to predict as much as we want but isn't it too much?
I know how you feel but I think it is really hard to believe right now.
I know nobody would believe that Bitcoin price would be this high five years ago,
But we are comparing it to the King or top tier crypto when it is only created for meme?
Topic: I Predict $20,000 for dogecoin in 5years time - page 23. (Read 4287 times)
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 beginningDogecoin is created as Meme coin and so as this post ( I believe). Even its market trading played a joke on many investors that many who "take the joke" seriously had lost lots of money. Starting from the pump of a trader called Wolong and many other whales that followed the strategy of his pump. And now Elon Musk and some known individuals keep on playing the same "joke" to the traders. And btw, I never said that it won't reach $20k I only say that it is possible as long as there are whales who keep on pumping Dogecoin and naive individual who never learns.
If dogecoin can make it to 5000$ in 5 years then Bitcoin should worth around 300,000$ then, lolzz well I like the reality more than predictions, I'd keep doing what I always do best and that's taking profits whenever, this is the best strategy I know, useful in both bear and bull market
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 beginningI thought of your prediction without doing an analysis. Indeed, many predict Bitcoin will reach $ 50,000, but they analyze it from various aspects. One of them is the very small total supply. Dogecoin has a fairly high supply, is Dogecoin planning to burn a large portion of their coins?
$20,000 woow thats a huge step to climb. They might get there someday if they really put in strong work and initiatives but achieving that in 5 years thst sounds kind of unrealistic
Yes, it is very unrealistic because for a very high price it clearly cannot be achieved in a very short duration even though it looks like a long time at this point, but it is not.Maybe 20 years from now when we have mass inflation
Many things can happen in a period of 20 years so it will be very difficult to predict whether it can actually happen or will happen otherwise, because guessing the future is very difficult because all humans cannot see what the future will bring to Dogecoin. 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!
Oh you will. Hope I should be wrong!
It's not Bitcoin at all so there is a very little chance it could go way up $20k.
I looked at the old thread and one say impossible $50k for Bitcoin. But that was Bitcoin which started the crypto technology.
Doge didn't start it and there's a big competition out there. Money is divided to different altcoin and Bitcoin so there is hardly a chance for another coin to just step up and do the impossible again.
Maybe if Bitcoin dies. But that means a huge fall for every altcoin out there when trust goes down.
Google is not the first web browser, Amazon is not the first ecommerce site, Apple is not the first mobile brand but they took the top position in the respective places so being the first doesn't mean they will always be in the first but I am not saying that bitcoin will lose its position.
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 beginningThat is a pretty bold prediction. I don't think that Doge Coin is going to rise so high. Such kind of returns would be insane to be honest. There are no real alt coins trading at such high levels. And then if we want to sell for 20.000 USD we would need some buyers of course. Would be nice if we make a Tip Game for the Doge Coin price in 1 or 2 years.
$20,000 woow thats a huge step to climb. They might get there someday if they really put in strong work and initiatives but achieving that in 5 years thst sounds kind of unrealistic
Maybe 20 years from now when we have mass inflation
Maybe 10 bucks but lets talk about that when, or if.... it reaches a dollar first.
$20,000 woow thats a huge step to climb. They might get there someday if they really put in strong work and initiatives but achieving that in 5 years thst sounds kind of unrealistic
There is no real use case other than as a meme, it is used as a pump dump coin from whales. painful enough, but even $1 is a pretty tough number to doge. Unless they make a breakthrough and get Doge into a great use case I'm sure there might be some hope, but at the moment it's almost impossible to break that number.
Even if they get a usecase, why would someone use dogecoin instead of other cryptocurrency? I know I wouldn't because a currency that contains the word DOGE and has a shiba dog as a logo does not inspire me trust.
There is no real use case other than as a meme, it is used as a pump dump coin from whales. painful enough, but even $1 is a pretty tough number to doge. Unless they make a breakthrough and get Doge into a great use case I'm sure there might be some hope, but at the moment it's almost impossible to break that number.
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
Why you stopped at $20k and not speculating about $100k or one million dollar for one dogecoin?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 beginningAfter all, I still doubt that dogecoin will manage testing $1 level or not. Because, if Elon Musk feels tired or gets busy into something then he may start forgetting to tweet about dogecoins any more; anything will be possible to make him forgetting about dogecoins then I am sure dogecoin cannot enjoy rides like how it is doing right now.
After getting into $1 level, it needs to grow 20k times to make your speculation true; hence I prefer to hold on as of now until dogecoin get into $1 level and then we may debate about further 20k times growth.
This is what is called wishful thinking. It is hardly likely for DOGE to even survive in the next 5 years, not even talking about multiplying thousands of times. My arguments are below:
1) DOGE is a meme coin.
2) It does not have a hard-cap on its supply like Bitcoin.
3) I haven't seen any institution touching it.
1) DOGE is a meme coin.
2) It does not have a hard-cap on its supply like Bitcoin.
3) I haven't seen any institution touching it.
Most of the Doge supply is held by a few wallets. So what do you think will happen when they will start dumping?
Assuming a large interest in Doge means that the circulating supply will decrease and sky rocketing the price but after that everyone will basically start buying Doge from those whales.
Again, what will happen to the price when the whales will hit the interest price point and will sell everything just to reinvest in a real use crypto.
I've seen a lot of charts and they never lie.
Please be careful investing in Doge for a long term but if you are a day trader you can easily do it.
Assuming a large interest in Doge means that the circulating supply will decrease and sky rocketing the price but after that everyone will basically start buying Doge from those whales.
Again, what will happen to the price when the whales will hit the interest price point and will sell everything just to reinvest in a real use crypto.
I've seen a lot of charts and they never lie.
Please be careful investing in Doge for a long term but if you are a day trader you can easily do it.
At this point, almost anything could happen in 5 years. 20k doesn't seem plausible but dogecoin might as well be worth lot more. Like $200 in 5 years, and there's going to be a bear market before that where dogecoin will take a hard dive, that's for sure. But when something does have basically only meme value without any delevopement or any other originality then doge brand, why would it hit 20k?
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
It seems illogical for Dogecoin to reach $ 20,000 per unit for 5 years, 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 beginningbecause for now the price of Dogecoin has not reached $ 1 so it will take a long time to reach $ 20,000 and it is impossible to achieve it within 5 years.
legendary
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You have no idea how supply and price act. Dogecoin supply is unlimited and we have 10000 DOGE increased in the supply on every 1 minute. Have you any idea how would affect it in long time. Even I think $0.47 (ATH) is quite high for Doge. It got the hype because Elon Musk is shilling for this coin heavily. But someday, no such shilling will affect crypto anymore.
legendary
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Op are you crazy man? Your prediction is really insane what could not be accepted by most of the people here. Did you imagine if doge coin would reach, 20'000 usd in next 5 years then how much need to go BTC?
To be honest I am afraid how much time doge can keep this price if elon musk don't tweet for it’s for a month. Lol
To be honest I am afraid how much time doge can keep this price if elon musk don't tweet for it’s for a month. Lol
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!
Hope I should be wrong!
I support your opinion, because if the price of Dogecoin going up to $20k in the next 5 years, so in my opinion it's something absurd (impossible), because if the price of Dogecoin can increases by $20k, then of course that means if the price of Bitcoin becomes $10,000,000,000, Ethereum price becomes $250,000,000, Binance price becomes $50,000,000 and of course the market cap is going to be $200,000,000,000,000,000.
*sorry if I am wrong
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