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Author Topic: I Predict $20,000 for dogecoin in 5years time  (Read 4257 times)
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May 15, 2021, 11:24:11 PM
 #161

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.
People are making insane predictions but we cannot say that Dogecoin will disappear in a few decades, there are other meme coins that are following the Doge theme and some are making huge strides and people are looking at these coins and investing heavily thinking that some of the huge investors will pump the coin and it happened in some of the coins. These pumps will not last, make the most you can and get out of it should be the theme  Grin.

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May 15, 2021, 11:59:22 PM
 #162

That’s impossible just look at the marketcap of Dogecoin, its very unlikely to hit that price due to very large supply.  Before you go that price why not aim for short term ones maybe a $1 or $2 per doge is a bit more realistic than $20k. Doge is overhyped and no use case don’t expect it will over perform its obviously a billionaires favourite toy as of now, not much expecting from it.
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May 16, 2021, 12:00:35 AM
 #163

That’s impossible just look at the marketcap of Dogecoin, its very unlikely to hit that price due to very large supply.  Before you go that price why not aim for short term ones maybe a $1 or $2 per doge is a bit more realistic than $20k. Doge is overhyped and no use case don’t expect it will over perform its obviously a billionaires favourite toy as of now, not much expecting from it.

$1 is a very feasible target for doge. Now, that Elon seems serious in further developing the system transaction efficiency by collaborating with doge dev, this may result to a better doge platform. But $20k for doge is too much, in my opinion. We need to be realistic with things here. 5 years time is not that far but $20k is very very far from what doge is today. Just be grateful that this old memecoin has achieved a different path this year. Because of Elon, it achieved a different popularity in the market and now the price skyrocketed from about $0.0005 at the start of this year to $0.50 today, that's 100k% increase. Very few alt can achieve such feat.
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May 16, 2021, 01:32:39 AM
 #164

Maybe I could be wrong but I want to say the same thing what the first reply in his thread, its impossible. Grin

Hope I should be wrong! Cool
^ Dogecoin to $ 20,000 is like a bedtime myth, I don't see any strong reason which can pump Dogecoin into the $ 20,000 mark, and if Dogecoin is priced at $ 20,000 then the fees charged for the entire transaction will be very expensive.

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May 16, 2021, 02:14:53 AM
 #165

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  Grin Grin just like this user predicted the price of bitcoin in the beginning

I think that is impossible if there are no new developement maybe 20k$ for doggy in 5 years is hard don't believe it will reach that price, we cannot really predict the exact price in the near future but we an prepair on it and hold some doggy who knows that doggy will really reach that price. All we can do is to prepair on the posible rising of its price soon.

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May 16, 2021, 02:31:01 AM
 #166

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.

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May 16, 2021, 03:34:00 AM
 #167

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.
You Missed the Joke in this thread and also the sarcasm , OP did not totally mean the 20,000$ to become the actual value but what he meant is that Dogecoin will go too far in the next 5 years, maybe 1 whole dollar or 10? it can be 100-1000$? who knows right? but don't kill the fun in this thread because if you are not a Dogecoin Holder then you won't understand this thread at all so keep out.

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May 16, 2021, 09:40:23 AM
 #168



Therefore, maybe dogecoin can get to $20,000 and above in 5 years time  Grin Grin just like this user predicted the price of bitcoin in the beginning


I don't know how good you are in predicting but there's no way this is going to happen, Doge coin is making a pump now because of Elon Musk take away Musk support and everything ends with Doge coin, we have no way of knowing if Elon Musk can and will support Doge forever or even five years, it's a meme coin that's all there is, it goes up and goes down with Elon Musk, I figure that Elon will find another coin to replace Doge to support.
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May 16, 2021, 10:00:28 AM
 #169

You are wrong, a coin with infinite max supply will never grow that big no matter what, if there is a total number of supply then scarcity might kicked in but doge coin has no max supply which is what hurts this project presently

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May 17, 2021, 04:44:06 PM
 #170

$20,000 for DOGE is blasphemy. Other altcoins in the world could stop growing forever if that happens. I think the $1 value is too expensive for such a crypto meme. We have hundreds of altcoins with low transaction costs and faster transaction speeds than DOGE.
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May 17, 2021, 05:41:25 PM
 #171

...maybe dogecoin can get to $ 20,000 and above in 5 years time... - that's a utopia, doge will return to where he was as soon as this hysteria is over. I personally don't see any fundamental prerequisites for this, that doge cracks these price levels

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May 18, 2021, 11:49:43 AM
 #172

How can this price prediction of doge ever become possible! If dogecoin will ever gain traction in price, there must be major shift in it's outlook, value, supply and tech! If doge coin shift focus away from meme to creating tech that create value for cryptocurrency development and it's stakeholders, we may be heading in the direction of upward price movement!

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May 19, 2021, 04:49:25 PM
 #173

$20,000 is an outrageous prediction.
That's just coming from the doge supporter and im not even getting surprised to see that a non sense prediction already exist. Im feeling doubt it will happen. Without the helo from elon and doge was nothing. Elon was making FOMO but to make it worth 1 doge = 20k USD will be impossible for sure.
The market is going up and down. that will make doge needs more time to achieve another ATH again.

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May 19, 2021, 06:56:28 PM
 #174

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.
People are making insane predictions but we cannot say that Dogecoin will disappear in a few decades, there are other meme coins that are following the Doge theme and some are making huge strides and people are looking at these coins and investing heavily thinking that some of the huge investors will pump the coin and it happened in some of the coins. These pumps will not last, make the most you can and get out of it should be the theme  Grin.
To me this is exactly why those coins are not going to last for long, I understand that people are excited about dogecoin and the profits they were getting but when the growth of a coin is based on nothing but hype then the fate of that coin is to go down and most likely disappear as there is no use case for the coin, also I did not knew that now we had imitators of dogecoin, but their disappearance will come even faster as the people investing in those coins are thinking on nothing but on getting profits and once they get them they will leave those coins behind forever.

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May 19, 2021, 09:49:30 PM
 #175

Don't dream too much, dream naturally, and you won't go crazy, if you dream of a doge that can reach $ 20k,
haha you can go crazy if you don't touch it in the next 5 years, the future is in the hands of technology, and cryptocurrencies are included,
hmm for me Doge can reach $ 5- $ 10 in the next 5 years is very good,

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May 20, 2021, 07:30:57 AM
 #176

In my opinion, on the contrary, Dogecoin will sink in another 5 years, because the increase in Dogecoin price is due to Elon Musk's full support, if he discards and stops supporting Dogecoin then you can be sure that this altcoin will experience a significant decline, I hope you don't get your hopes up on Dogecoin  .

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May 21, 2021, 04:42:33 AM
 #177

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  Grin Grin just like this user predicted the price of bitcoin in the beginning

Dogecoin $20,000 in 5 years? Hmmm maybe this will be happened because nothing is imposible right? Especially in crypto market.
There are so many altcoins which had major bull run in these past months and this situation also could apply for dogecoin in 5 years.

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May 21, 2021, 06:12:43 AM
 #178

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  Grin Grin just like this user predicted the price of bitcoin in the beginning

Dogecoin $20,000 in 5 years? Hmmm maybe this will be happened because nothing is imposible right? Especially in crypto market.
There are so many altcoins which had major bull run in these past months and this situation also could apply for dogecoin in 5 years.
It will be impossible unless for Doge unless Elon Musk backed and supported in that five years, and I don't think Elon will do that as he is an eccentric person. Maybe his decision will be changed just after few months or a year, just like he did in Bitcoin, and he rejects it as a payment option in Tesla. Even ethereum who is 2nd to bitcoin is hard to get a $5k price in the last few years. For me, A meme coin always is a meme coin.
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May 21, 2021, 04:58:53 PM
 #179

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  Grin Grin just like this user predicted the price of bitcoin in the beginning

Dogecoin $20,000 in 5 years? Hmmm maybe this will be happened because nothing is imposible right? Especially in crypto market.
There are so many altcoins which had major bull run in these past months and this situation also could apply for dogecoin in 5 years.
It will be impossible unless for Doge unless Elon Musk backed and supported in that five years, and I don't think Elon will do that as he is an eccentric person. Maybe his decision will be changed just after few months or a year, just like he did in Bitcoin, and he rejects it as a payment option in Tesla. Even ethereum who is 2nd to bitcoin is hard to get a $5k price in the last few years. For me, A meme coin always is a meme coin.
- Yes, a person can be arrogant and confident in their strength but they are still wise enough and know how to refuse about going against the community, so maybe Elon Musk will soon change his prediction about doge in the negative direction, the power of the whole crypto crowd is too great and going against the flow too much will exhaust his strength and lose his good footing. Time is not a factor that can change matters with dogecoin, meaning and practical role is much more important, rather than a rich guy helping


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May 21, 2021, 06:02:52 PM
 #180

It will never happen except dogecoin community decide to burn the coin and male the circullation less then bitcoin. Even Dash still can not reach $20k with only 9 million coin in circullation and a lot of innovation.

Doge = Too many circullation and no innovation untill now.

Stop spreading this !!! I am affraid new comers will take this thread seriously.



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