Maybe 100 sat is the psychologic limit
It;s just the coin has stabilized for a while and it will take more than dogecar for it to break out.
There are still plenty of coins getting mined and lot's of them sold and bought.
I think that it's just the fact that doge fan base are not investors to pour money into the coin as opposed to btc.
From what I read here and on reddit there are plenty of doge investors, but mostly younger with much smaller stakes than a typical BTC or LTC investor. That means doge needs larger user (and investor) base to match or beat their numbers in fiat sense. Bitcoin community is growing, too, and to keep or improve the position doge needs to continually outperform in user numbers. I do believe doge user base is growing much faster than BTC or LTC user base, and if you combine that with more halvings, demand will definitely grow. As for supply, it is probably already more dependent on spenders/holders/traders than mining rewards, so near term supply might be harder to predict.
Of course, there are plenty more parameters, this is just one of them.
To da moon!
Unfortunately , doge is not designed to adress such investors.
It has to do it's best with the current user base type , if it stops this , it will not be doge anymore.
It doesn't have to change user base type, it just needs more shibes to achieve the same thing, and it's doing great. May not be the best analogy (not sure if it is accurate), but will use it to make a point: people drink wine but more people drink beer, some drink both. Wine is more expensive but more beer is consumed both in quantity and fiat value
Guess the question is, do we want to be like Bitcoin (with it's hundreds of thousands of users and multi-Billion dollar market cap), or do we want to be like Q coin (Tencent QQ, 750 million users, estimated over Trillion dollar market cap). Bitcoin has a lot going for it, but it's not like it's the most successful digital currency ever.
Qcoin can be killed by the PBOC in a matter of seconds and wait it has been already killed once
It was actually the first coin to be banned in china. Besides:
As the online gamer source tells Quartz, "the currency's system is so decentralized" that it would be extremely difficult for the Chinese government to do anything about bitcoin. That wasn't the case with Q Coin, he says. "The [Ministry of Commerce] can regulate Q Coin because of two things. One, Tencent submits regular reports about Q Coin's circulation and transaction volumes. Two, MoC can withdraw Tencent's license if things get out of control," he says, adding that the Chinese government has no mechanism for tracking bitcoin transaction or circulation. And unlike with Tencent, there's no company or entity to target for regulation. "To China's conservative regulators," he adds, "Bitcoin is a game [that's] way more dangerous."
