I Predict $20,000 for dogecoin in 5years time

[South Park]

What made you think about a coin that's already minted in full and then, they broke their words by adding additional 5 billion dogecoins to be minted every year? What's so impressive about it? Even its network is not as secure as Bitcoin, and it won't ever be. Then why did you predict such a huge number? I mean yeah, anything can happen in crypto but this? Neh, it's next to impossible and won't happen ever even if Elon Musk sells his entire holdings of all his assets and tries to pump dogecoin to that level.

For the same reason people always do this which is hype, dogecoin is once again below 0.50 dollars and yet people like the OP is thinking on 20k dollars for each coin, this is simply ridiculous, people need to learn to be more realistic when it comes to their predictions, after all what is the point of a prediction that has no chance at all of ever becoming true? None and yet people keep making them and then getting disappointed by the fact they made a mistake.

[nrvasquez]

Its only possible if America broken as a country then hyperinflation happens like in Venezuela.
How the hell Dogecoin became valuable when its have no value inside it.

lol, very true. besides thinking about Dogecoin which has an unlimited total supply will make you feel dizzy. Since it is irrelevant to current price developments, let's assume that if Dogecoin is able to hit $1, it will be an achievement that "anything can happen in crypto"

[go4crypto]

$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.

[Dump3er]

As far as I know it is held by most of the sharks that are pushing its price up, not everyone has made any money out of it. This time looking at the crazy growth they create with it, I am really worried about those who are putting too much faith in it, there are many other potential coins in this market, so I don't care if they influence the market through dogecoin.

$20,000 is just so unrealistic, I do't know why OP opened the topic like this but DOGE is going nuts and it is going up and up and nobody knows why but even if it keeps going up like this it won't get to $20,000. Still it is so weird what we are seeing right now!

I don't want to say excessive foolishness, is an ordinary person, and I'm aware enough to predict it might be limited, and most of us are awake to know the problem of coin doge, fake This market is still available for the next 1000 years , those are the thoughts that the OP is aiming for if we can wait to doge coin $20000

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.

[Shasha80]

$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.

[cmg777]

Dare 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.

[brooksby]

Dare 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.

[sapnu]

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.

[warg2017]

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.

[ancafe]

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.

[cmg777]

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.

[Argoo]

$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.

[posi]

$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.

It really amazing how you guys make predictions about the market and ignore the fact with possible effects that will hinder the prediction from happening. What makes you so sure that a pump and dump coin like Dogecoin will reach $1 price range not to talk about it making $20,000 in 5years?

[Gheka]

$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.

What you see is the story of four days ago, right now dogecoin is falling into a relatively large decline with the easy target people talking about, investors are almost full of hope to hold the dogecoin up to that goal but unfortunately, this is a collective trap. That easy goal is once again rebuilding the gap with dogecoin, perhaps the effect and the whale Elon Musk is out of force, a few new dog projects are also based on the dogecoin hype, it is likely that the usurpation of the dog king will happen, dogecoin will lose a lot of value.

[brooksby]

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.

Predicting 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.

[Shasha80]

$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.

What you see is the story of four days ago, right now dogecoin is falling into a relatively large decline with the easy target people talking about, investors are almost full of hope to hold the dogecoin up to that goal but unfortunately, this is a collective trap. That easy goal is once again rebuilding the gap with dogecoin, perhaps the effect and the whale Elon Musk is out of force, a few new dog projects are also based on the dogecoin hype, it is likely that the usurpation of the dog king will happen, dogecoin will lose a lot of value.

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.

[stomachgrowls]

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

Okay 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!

[Botnake]

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

Okay 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. 

[South Park]

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.

[buyandhold777]

$20,000 is an outrageous prediction.