You can compare doge to xrp because xrp is also being bullied but for Ada and bnb that would be tough since both coins are shining now .
Maybe you could try lowering your price prediction for dogecoin op because even me I think the price that you call are way too high and before dogecoin achieve that , the two promising coin in your example must achieve that first .
Topic: I Predict $20,000 for dogecoin in 5years time - page 9. (Read 4287 times)
Keep dreaming OP, although at the moment it is a very attractive name in the cryptocurrency market, but if you look at its application value in the future, it can compete in this space
Dogecoin can compete only with new meme coins and some coins that don't have strong fundamentals yet, because Dogecoin's huge supply always has an influence on its price and ranking in the crypto space.
I think it's not possible. It has no support team, no technology and a total supply of about 130 billion, do you think it can reach $20,000? 20,000 x 130,000,000,000 - a huge number!
It is really impossible.Dogecoin is a living meme and you can't expect that to happen for a wild wide supply for this cryptocurrency.
The quote is just a comparison but it will never happen.
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 think it's not possible. It has no support team, no technology and a total supply of about 130 billion, do you think it can reach $20,000? 20,000 x 130,000,000,000 - a huge number!
I'm still not sure for doge to hit $20k in the next 5 years. Looking at the large supply of Doge and still needing to endure the process it seems impossible in 5 years Doge hits $20k. maybe $20 can happen for doge
I did not believe that the price of doge coin will reach to 20000$ in next 5 years or even next 50 years. There is a huge difference between bitcoin and doge coin technology. Doge coin supply is unlimited and anyone can mine doge coin as much as they can. So, the rule of economics is that supply always impacts on the price of a coin. Bitcoin supply is limited.
I have been reading your statement a couple of times now but it seems I can't understand what you are trying to say. Why would everything else be 5x higher if Dogecoin ever hit $20k? Apart from the fact that Dogecoin will never hit that price, why do you say it is 5x for everything else by then?
You see in 2018 how much did Bitcoin and Dogecoin cost? and try to compare it with this year where Bitcoin got a new ATH in April and Dogecoin did too, this is a sign that if Dogecoin is at $20K, then Bitcoin and other coins will be 5X more expensive than they are now, hopefully you can understand from what I mean. Maybe it can happen but not for 5 years, it could be another 50 years until I have grandchildren if I have a long life. although doge seems to have run out of energy to fly again but because the crypto world is very volatile so I believe anything can happen in the future.
Not really, even if you were to give it five decades it is not going to happen, dogecoin is not a good enough coin to last for that long, besides being a meme coin the only thing it has going on for it is the fact that you can get fast confirmations with it, but with the lightning network getting more popular by the day this is not a strategy that is going to work for that long, so I hope that people understand that the price the OP is talking about is simply impossible to reach. 
Apparently the rise of BTC has been helping the highs a lot, the bulls of DOGE are making movements that although they do not have so many gains they are trying to maintain the price and not drop it, it is presumed that it can reach 0.28USD if everything goes well. .
The bulls of DOGE are struggling, it is difficult to predict for 5 years what a price for DOge may be, we don't know what can happen, for now in the short term things are improving.
Quote
The buyers have pushed the price above the overhead resistance at $0.21 today but the bears may not give up easily. The sellers will again try to stall the recovery at the 50-day SMA ($0.24). If the price turns down from this level, the bulls will attempt to flip $0.21 into support.
If they succeed, the possibility of a break above the 50-day SMA increases. Such a move could open the doors for a likely rally to $0.28 and then to $0.33.
Source: https://cointelegraph.com/news/price-analysis-7-26-btc-eth-bnb-ada-xrp-doge-dot-uni-bch-ltcIf they succeed, the possibility of a break above the 50-day SMA increases. Such a move could open the doors for a likely rally to $0.28 and then to $0.33.
The bulls of DOGE are struggling, it is difficult to predict for 5 years what a price for DOge may be, we don't know what can happen, for now in the short term things are improving.
To be honest $20k is unrealistic target for my opinion, the supply of doge is too much and i don't think in 5 years doge can reach that price. Did you even try to calculate the marketcap Doge X $20k? How much it will be, i cant even imagine how big the marketcap will be if doge reach that price.
imma go ahead and say it, it is impossible for Doge to reach $20k not just in 5 years, Doge just can't make it that far, there is just no way, its marketcap would be unbelievably high, it's just a meme coin, people can try to make some profit out of it and sell, it has no other rational usages.
It would be illogical to hit $20K in five years for Dogecoin, because if Dogecoin could reach that much, then everything else would be five times that price, so obviously this is too far to go and very unlikely to materialize unless the supply of Dogecoin is limited 100 units only and the people who like it can be very much.I have been reading your statement a couple of times now but it seems I can't understand what you are trying to say. Why would everything else be 5x higher if Dogecoin ever hit $20k? Apart from the fact that Dogecoin will never hit that price, why do you say it is 5x for everything else by then?
in my opinion if elon musk realize his statement that will accept doge in 2022 it will be good trigger for dogecoin price. maybe around $1 to $3 more acceptable for us , with this rate doge market capitalization even could defeat giant company in wall street. if any people said 20k in five years , it is totally shit.
imma go ahead and say it, it is impossible for Doge to reach $20k not just in 5 years, Doge just can't make it that far, there is just no way, its marketcap would be unbelievably high, it's just a meme coin, people can try to make some profit out of it and sell, it has no other rational usages.
It would be illogical to hit $20K in five years for Dogecoin, because if Dogecoin could reach that much, then everything else would be five times that price, so obviously this is too far to go and very unlikely to materialize unless the supply of Dogecoin is limited 100 units only and the people who like it can be very much.
Keep dreaming OP, although at the moment it is a very attractive name in the cryptocurrency market, but if you look at its application value in the future, it can compete in this space
dogecoin as a meme coin with an unlimited circulating supply can easily be manipulated by an individual who have control of a large amount of dogecoin e.g Elon Musk and the rest of the other whales in the dogecoin market. so $20,000 dogecoin price in the next 5 years may be unrealistic.
20k$ is very high for dogecoin Doge is not a cheap coin bit I think it doesn't have enough capacity to reach 20k$ in five years even bitcoin needs a lot of year before it reach 20k$, So I would say that 20k$ is very impossible to reach in five years maybe 20 to 30 years I guess.
I think it's very difficult or even impossible, because in my opinion dogecoin is just a meme coin that doesn't have utility like other altcoins, my advice is to invest in coins like BNB and ETH, both coins are more worth buying.
imma go ahead and say it, it is impossible for Doge to reach $20k not just in 5 years, Doge just can't make it that far, there is just no way, its marketcap would be unbelievably high, it's just a meme coin, people can try to make some profit out of it and sell, it has no other rational usages. 
this is without doubt an impossible price prediction, there is no chance that in the future the price of dogecoin will be priced at $20,000, I know many dogecoin fans want to compare dogecoin with bitcoin, but you need to see the conditions of dogecoin and bitcoin, when I talk about conditions I am referring to the maximum supply, bitcoin has this great advantage of having a low supply and the same cannot be said of dogecoin
What's the use of such predictions. In a month the market may be at the bottom, we have not yet encountered an adequate correction of all this bull run, besides, $ 20,000, what?
You've created a big headline based on nothing. I hope newbies are smart enough to read this topic beyond the first post.
Every prediction will only be useful for a while, because everything that has happened in the market both in the past and at present is not based on predictions but is always based on demand and supply in the market, if there is a lot of demand, then prices will tend to rise and stay in the market good numbers.You've created a big headline based on nothing. I hope newbies are smart enough to read this topic beyond the first post.
Nevertheless, all this can be predicted. For example, if Elon Musk thinks that bitcoin will cost 100,000 by the end of the year, this will be a forecast.
Whether it will increase demand in this way is beyond doubt. But whether his forecast will come true is not at all necessary, as it has already happened thousands of 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 beginningHave an idea on how marketcaps work, max,,/circulating supply, block rewards?? There is no situation in which dogecoin could get to a thousand dollars let alone 20k. It's parameters aren't comparable to bitcoin. I think ypu need to go back and start at the very beginning of your crypto education and start over because whatever you did to get to starting this thread didn't work.
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