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Author Topic: I Predict $20,000 for dogecoin in 5years time  (Read 4287 times)
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June 06, 2021, 06:10:44 AM
 #201

The fact that the price of Dogecoin is at such a high level at the moment is a huge success of this coin. Unfortunately, but with such a huge amount of these coins, price $20k is impossible, unless the entire cryptocurrency market grows 20,000 times.
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June 09, 2021, 04:04:22 PM
 #202

Idk about 20k but maybe 10 bucks one day.

I read about people thinking it was impossible for bitcoin to reach 20k and likewise even more recently. In my limited crypto life. I remember when people thought it unlikely for doge to even reach 1 cent. talking about how it would have to have ____ market cap and etc and a dollar was even more unlikely. So it reaching 70 cents. who knows, it might reach a dollar or 2 even within the next few years.
10 dollars is a more reasonable prediction and yet it is not an easy thing to achieve, people look at the price of each dogecoin and think it is cheap however we need to look at the market cap, 10 dollars for each dogecoin means 2 times the current market cap of bitcoin and a 30x growth, so unless you are willing to give a minimum of a decade for dogecoin to reach those prices even something as low as 10 dollars per coin does not seems as something easy to reach.
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June 09, 2021, 05:38:26 PM
 #203

Idk about 20k but maybe 10 bucks one day.

I read about people thinking it was impossible for bitcoin to reach 20k and likewise even more recently. In my limited crypto life. I remember when people thought it unlikely for doge to even reach 1 cent. talking about how it would have to have ____ market cap and etc and a dollar was even more unlikely. So it reaching 70 cents. who knows, it might reach a dollar or 2 even within the next few years.
10 dollars is a more reasonable prediction and yet it is not an easy thing to achieve, people look at the price of each dogecoin and think it is cheap however we need to look at the market cap, 10 dollars for each dogecoin means 2 times the current market cap of bitcoin and a 30x growth, so unless you are willing to give a minimum of a decade for dogecoin to reach those prices even something as low as 10 dollars per coin does not seems as something easy to reach.
- Your consideration is too respectful for dogecoin, dogecoin has very little promise you can expect too much from it, the past was the help of Chinese miners, now the strong voice of Elon Musk but these stories are just trying to keep some memories of old projects, they arrange the story as a show for near-retirement projects, which is beautiful but somewhere, the age of the project did not allow it to go any further. Every year dogecoin anniversaries will still be celebrated this way but don't expect more from it


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June 09, 2021, 09:31:11 PM
 #204

The fact that the price of Dogecoin is at such a high level at the moment is a huge success of this coin. Unfortunately, but with such a huge amount of these coins, price $20k is impossible, unless the entire cryptocurrency market grows 20,000 times.

Achieved $1 first then will talk about $10 and if that will still be achieved talk about $100...

The problem is, we are too hype, we are not thinking clear, we are just following the FOMO blindly and we hype our believe too much.
Let's take a break for a second, $20k from the current price, wait... I'll calculate it.

Now  $0.34, so to reach $20,000... that would be 58,823 growth from the current price, haven't seen a coin like that yet.

 
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June 09, 2021, 09:56:31 PM
 #205

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  am sorry to say this. But, it's impossible for dogecoin to even reach $100.

Even the effect of Elon Musk's tweet didn't help Dogecoin to even reach that bar. The best one was $0.66 and people were already fricking the hell out by this event.
Since 2013 dogecoin was released, it's been 8 years and the price was surging in 2021 so if you thought in 5 years dogecoin would went to the moon then it would be really hard day for you.

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June 09, 2021, 10:28:48 PM
 #206

everything can happen. but for 20000$ it is too high it might happen until the price of 2-4$ is already good, and it is necessary to take into account the many doge who support it, this is proven by the price in the previous year which reached 3 times ATH in the last quarter of 2020

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June 09, 2021, 10:40:29 PM
 #207

You don't know what will happen in the future, the price of doge may rise to what you predicted and may fall drastically, the crypto market is very volatile and some unexpected things may happen, but I will assure you that the price of doge in 5 years time will be around $200 but not that high.

Are you posting this thread because of Elon musk tweets about doge, if that's the reason then that's wouldn't be accurate, what other features and development had doge team implemented, to me nothing but just hype making the price skyrocket, Coinbase listing will eventually make the dream price comes through.



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June 09, 2021, 10:50:29 PM
 #208

everything can happen. but for 20000$ it is too high it might happen until the price of 2-4$ is already good, and it is necessary to take into account the many doge who support it, this is proven by the price in the previous year which reached 3 times ATH in the last quarter of 2020
Not too high but its indeed impossible because if we do consider to total supply of this coin then there no way that it could even reach out $100 and now were are talking about 20k?

People should really learn at least about total supply or number of coins before making some unrealistic price predictions because it would turn out that you would become some too optimistic or believing into something which even on dreams cant happen.

We should be realistic at a least so that it wont really frustrate us if it didn't able to hit up that level.

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June 13, 2021, 05:57:16 PM
 #209

Idk about 20k but maybe 10 bucks one day.

I read about people thinking it was impossible for bitcoin to reach 20k and likewise even more recently. In my limited crypto life. I remember when people thought it unlikely for doge to even reach 1 cent. talking about how it would have to have ____ market cap and etc and a dollar was even more unlikely. So it reaching 70 cents. who knows, it might reach a dollar or 2 even within the next few years.
10 dollars is a more reasonable prediction and yet it is not an easy thing to achieve, people look at the price of each dogecoin and think it is cheap however we need to look at the market cap, 10 dollars for each dogecoin means 2 times the current market cap of bitcoin and a 30x growth, so unless you are willing to give a minimum of a decade for dogecoin to reach those prices even something as low as 10 dollars per coin does not seems as something easy to reach.
- Your consideration is too respectful for dogecoin, dogecoin has very little promise you can expect too much from it, the past was the help of Chinese miners, now the strong voice of Elon Musk but these stories are just trying to keep some memories of old projects, they arrange the story as a show for near-retirement projects, which is beautiful but somewhere, the age of the project did not allow it to go any further. Every year dogecoin anniversaries will still be celebrated this way but don't expect more from it
I try to take people seriously when they make their predictions but I agree, I do not think there is a way for dogecoin to reach those prices, but people are too blind to see the reality, they see that the coin went up significantly and instead of just accepting this and consider themselves lucky they got profits they still want more and more and that is when the market crashes and instead of earning money they lose it and then they hope that someone like Musk saves them when in reality Musk does not care about them at all.
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June 13, 2021, 07:06:21 PM
 #210

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

This prediction is too wild, and also makes no sense at all
Dogecoin has a very large circulation, it is almost 5000x more than Bitcoin circulation

let's see that the price of an altcoin and its market cap will never be higher than Bitcoin
dogecoin to $20000 is a fantasy that will never happen forever

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June 13, 2021, 11:47:49 PM
 #211

it is really hard to predict something like that, a lot of thing can happen in 5 years, it is really to tough to predict something like that, and also i don't think so, if that happened every other tokens and coins will go up a lot as well, i only trust in ETH and bitcoin in the long run and maybe BNB.

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June 14, 2021, 01:11:00 AM
 #212

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


Nothing is impossible especially DOGE is a fantastic coin, the support of many big companies makes the price of DOGE continue to skyrocket, but we have to be realistic, the price of $20k can be achieved with many conditions, especially it can be officially accepted by the US government.
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June 16, 2021, 09:24:31 PM
 #213

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 Degecoin will overtake Bitcoin Grin haha, Even though that's sound really ridiculous to knowing your future dream with Dogecoin, If such an incredible thing happens in the next 5 years, then we will see many billionaires in crypto market. Now you can hold tightly and wait for this day till come.

There are people who are really wishing that much without even realizing on what those numbers means and basing with the supply alone then its impossible even just reaching $10 then 5 years time how much more in 20k?

Even in wildest dreams where these numbers wont really tend to happen.Its impossible on the impossible and if you dont make yourself get frustrated
then its better not to expect that much.

Just hold your current DOGE coin but dont expect with those numbers and also theres no such way for DOGE to overtake Bitcoin no matter what.

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June 16, 2021, 09:54:02 PM
 #214

With such drawdowns, I don't think this forecast will come true at all.
It won't come true, $20,000 for all of the circulating supply of Dogecoin. Do the math and you'll see how much it needed to reach that pricing. But in fact, in this market things crazily happen but this is too much from that crazy things that are happening in the market.
One thing makes me happy, under current conditions, various DOGE forks, scam tokens will be destroyed.
That's for sure and many will only invest to legit and reliable coins.

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June 16, 2021, 10:36:58 PM
 #215

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 Degecoin will overtake Bitcoin Grin haha, Even though that's sound really ridiculous to knowing your future dream with Dogecoin, If such an incredible thing happens in the next 5 years, then we will see many billionaires in crypto market. Now you can hold tightly and wait for this day till come.
There are people who are really wishing that much without even realizing on what those numbers means and basing with the supply alone then its impossible even just reaching $10 then 5 years time how much more in 20k?

Even in wildest dreams where these numbers wont really tend to happen.Its impossible on the impossible and if you dont make yourself get frustrated
then its better not to expect that much.

Just hold your current DOGE coin but dont expect with those numbers and also theres no such way for DOGE to overtake Bitcoin no matter what.

I agree that sometimes some people set unrealistic targets and expect Dogecoin to hit a price of $20k in 5 years that is absolutely impossible.
Do the analysis and research correctly, then we can predict a reasonable price will be achieved by Dogecoin. Don't set impossible targets,
it will make us regret in the end, after all Dogecoin is not a project that has a clear function like ETH or BNB. Then the price increase must also
only be affected by manipulation by someone, such a thing is unlikely to make Dogecoin will overtake Bitcoin.

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southerngentuk
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June 17, 2021, 12:20:57 AM
 #216

According to OP's hypothesis, I can buy myself 50 doge coins and become a millionaire within the next 5 years.
But as a normal person and like practical things I would never doubt that I would use this method to become a millionaire, it's like you buy a winning number and hope for luck to happen. Remember that luck doesn't come naturally, but we can earn it by ourselves, but need to be realistic.

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June 17, 2021, 03:20:57 AM
 #217

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 Degecoin will overtake Bitcoin Grin haha, Even though that's sound really ridiculous to knowing your future dream with Dogecoin, If such an incredible thing happens in the next 5 years, then we will see many billionaires in crypto market. Now you can hold tightly and wait for this day till come.

There are people who are really wishing that much without even realizing on what those numbers means and basing with the supply alone then its impossible even just reaching $10 then 5 years time how much more in 20k?

Even in wildest dreams where these numbers wont really tend to happen.Its impossible on the impossible and if you dont make yourself get frustrated
then its better not to expect that much.

Just hold your current DOGE coin but dont expect with those numbers and also theres no such way for DOGE to overtake Bitcoin no matter what.

Yeah honestly I see people saying hey bitcoin got to $20,000.  It's crazy that people have zero clue about supply.  I really hope people don't think that supply has no bearing on the value of a coin 😂
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June 17, 2021, 02:12:44 PM
 #218

I think this is a bit crazy because Doge coin is only used by Elon Musk Fomo to increase the price, it has no real application other than Dice game and HYIP investment channel so I think Doge price in the next 5 years will  around 3$~5$ is reasonable.

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June 17, 2021, 03:44:43 PM
 #219

I think this is a bit crazy because Doge coin is only used by Elon Musk Fomo to increase the price, it has no real application other than Dice game and HYIP investment channel so I think Doge price in the next 5 years will  around 3$~5$ is reasonable.
Because of hype people were gone crazy and almost forget to do basic math. $20,000 for dogecoin in next 5 years, completely ridiculous and that not make any sense at all. Recent hype failed to get dogecoin for $1 each, so $1 still a imagination. I'll be happy to see dogecoin at least $1 each.
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June 17, 2021, 05:46:02 PM
 #220

I think this is a bit crazy because Doge coin is only used by Elon Musk Fomo to increase the price, it has no real application other than Dice game and HYIP investment channel so I think Doge price in the next 5 years will  around 3$~5$ is reasonable.
Because of hype people were gone crazy and almost forget to do basic math. $20,000 for dogecoin in next 5 years, completely ridiculous and that not make any sense at all. Recent hype failed to get dogecoin for $1 each, so $1 still a imagination. I'll be happy to see dogecoin at least $1 each.
$ 20.00/doge how at that time the price of bitcoin has become a million dollars? Of course this will refer to bitcoin, not just a doge who is said to be hype to be targeted by Elon Musk to promote their Tesla, this doesn't make sense at that price in the next 5 years.
but it is possible that hype will definitely be created again to make the price of doge more sustainable by 1$ but currently, it is still failing and this is only a meme coin that is able to survive with a larger market capitalist, many will be trapped if doge is hype again.

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