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

[wmaurik]

this is a lot for a meme coin, even if Elon Musk tweets about his love for this coin every day, I'm not sure if such a price is real, unless DOGE developers come up with something innovative for a coin that will blow up the crypto market.

It was only a temporary manipulation of Dogecoin, because what I saw was the price of Dogecoin was only briefly at a high price, after that it immediately plunged back slowly until now, so this looks like something that was deliberately made by some people.

[MonaLeeTracy]

Who knows, after getting a moral injection from Elon Musk Dogecoin will be better than before. Maybe dogecoin needs support from the community or some Influencers to reach the $20,000 mark in the next 5 years. Recently, Elon Musk has made a sensation on his Twitter account again.

https://twitter.com/elonmusk/status/1483633282482847744?s=20
https://twitter.com/elonmusk/status/1483631831748685835?s=20
https://twitter.com/elonmusk/status/1483632730298621954?s=20

Could it be that this was aimed at Dogecoin or he wanted to use another coin as a test subject.

[peterpanda]

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

Prediction has no limit but we should think about the limitation by analyzing marketcap and others factor. Dogecoin is meme coin and it is literally impossible to hit $20k because there is no progress and future of dogecoin in day to day usage. Yeah it can possible if you buy a single dogecoin by yourself with $20k.

[Ozero]

If Doge doesn't have real adoption like NFT of course it's very difficult to reach $20k even in 10 years, maybe the price range will be dominant below $1, especially with the presence of the Metaverse project which will become a competitor so that other coins sink.

Dogecoin, of course, will never have a price of $20,000. Even one thousand dollars this coin will never reach. Cryptocurrency is developing very quickly, and therefore more and more competitive types of it will appear. Here it is more appropriate to discuss whether this coin will reach the price of one dollar. I also doubt it. The hype around meme-coins is passing. Even if Elon Musk continues to support it with his tweets and other actions, involving Tesla in this, it will be very difficult for Dogecoin to approach one dollar in price.

[bhadz]

Prediction has no limit but we should think about the limitation by analyzing marketcap and others factor. Dogecoin is meme coin and it is literally impossible to hit $20k because there is no progress and future of dogecoin in day to day usage. Yeah it can possible if you buy a single dogecoin by yourself with $20k.

To say it, let's just all agree that there's a possibility that it can reach that price, thanks to the volatility of the whole crypto market. But we do understand the economics of cryptocurrencies just as you've said about analyzing the market cap of it and the factors like the supply and demand. We knew it's impossible but just for the sake of speculation, argument and prediction, let's all agree with that but we're sure that we're not going to see $20k for each dogecoin.

[Abiky]

Cant believe people still posting here. A guy has created this topic to troll everyone and dont even bother posting here for months, or close it, and people keep posting that it will impossible for dogecoin to reach that price. I bet every more or less active forum member poster here.

9 months has passed since this topic was created and dogecoin price decreased two times. About 9/60 months passed since $20k was predicted and price dropped from 33 cents to 17. It will be a miracle, if in 5 years dogecoin price surpasses $1.

Exactly. $20k is just a ridiculous prediction, considering that there are billions of coins in circulation. What makes you think a cryptocurrency with built-in inflation will reach such insane prices? I wouldn't even count on DOGE going close to $1, especially when it's a "meme" coin. I'd suggest the OP to read more about what Dogecoin is all about before making such wild predictions.

Instead of focusing on DOGE's future price, why don't we focus on other cryptocurrencies with a finite supply? It's probable Ethereum will reach $20k within 5 years from now, while DOGE slowly fades away into oblivion. Of course, all of this is speculation. Crypto is about utility anyways, so price per coin is the least reason to worry about. Just my thoughts

[bitjoin]

Dogecoin price to $1 is still very possible, more than that is impossible.

those who wish dogecoin bullish over $1 should pray that more influencers buy dogecoin and shill about it like Elon did.

It's still possible for a $1 price on Dogecoin, the only problem is that it will be difficult for Dogecoin to come during a period of correction like now so that what is possible becomes very difficult to happen even though there are many influencers who want to support it because the influencers also have deeper considerations when choosing a particular product in the form of a coinmeme such as Dogecoin.

$1 sounds pretty ideal, I can say "maybe" it could happen in the next 5 years. Dogecoin has been around for quite some time in the crypto market, going from an unaccounted for meme coin to the coin that traders are paying the most attention to after Elon Musk came along. Influencers like Elon Musk are quite influential in the crypto market, in fact Dogecoin managed to hit an all-time high after Elon Musk tweet went viral. During the correction period, traders can set aside their money to buy a few pieces of Doge at a low price. Maybe it's time.

[bakasabo]

Dogecoin price to $1 is still very possible, more than that is impossible.

those who wish dogecoin bullish over $1 should pray that more influencers buy dogecoin and shill about it like Elon did.

It's still possible for a $1 price on Dogecoin, the only problem is that it will be difficult for Dogecoin to come during a period of correction like now so that what is possible becomes very difficult to happen even though there are many influencers who want to support it because the influencers also have deeper considerations when choosing a particular product in the form of a coinmeme such as Dogecoin.

$1 sounds pretty ideal, I can say "maybe" it could happen in the next 5 years. Dogecoin has been around for quite some time in the crypto market, going from an unaccounted for meme coin to the coin that traders are paying the most attention to after Elon Musk came along. Influencers like Elon Musk are quite influential in the crypto market, in fact Dogecoin managed to hit an all-time high after Elon Musk tweet went viral. During the correction period, traders can set aside their money to buy a few pieces of Doge at a low price. Maybe it's time.

I would not rely much on Elon Musk when speaking about future dogecoin pump. Last time he mentioned dogecoin in his tweet was January 14 and the market reacted with 12% growth (later it felt back to where it was). That is just 3 cents. The price did not double, like it used to. I can not even imagine how many times more he need to tweet about dogecoin, for it to reach $1. Elon is not a parrot. He can not tweet dogecoin-dogecoin-dogecoin all the time. I think his influence on cryptocurrency market became weaker.

[laredo7mm]

dogecoin has an invaluable advantage that other cryptocurrencies do not have. With dogecoin, We get the benefit of fixed inflationary currency which bears the features of current fiat currency.  However, if we look at the graph of people's interest across dogecoin on google, we can see that it is going down compared to last year.




Also looking at the dogecoin transaction graph it is even clearer that what was around 140k in the middle of last year is now down to less than half.



It is clear that the hype about dogecoin is no longer on the market.  It is also rumored that dogecoin will have a deflationary system which I think will ruin its uniqueness.  I don't think there is any possibility of dogecoin becoming $20000 after 5 years.  Before deciding the price of a coin, we should look at the overall issue first.  According to the circulating supply of dogecoin, if its price is 20k, what will be its total market cap?  It's just an unrealistic fantasy.  I think dogecoin could be around $1 by 2025 if they can really do any development work of this meme coin.

[arbifahrozy]

I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.

[bekti3]

dogecoin has an invaluable advantage that other cryptocurrencies do not have. With dogecoin, We get the benefit of fixed inflationary currency which bears the features of current fiat currency.  However, if we look at the graph of people's interest across dogecoin on google, we can see that it is going down compared to last year.

because indeed their hype has started to slowly wear off after doge is known as coin manipulation and many people are trapped there.
and now I don't think doge is anything special anymore apart from coins that are pumped by Elon.

It is clear that the hype about dogecoin is no longer on the market.  It is also rumored that dogecoin will have a deflationary system which I think will ruin its uniqueness.  I don't think there is any possibility of dogecoin becoming $20000 after 5 years.  Before deciding the price of a coin, we should look at the overall issue first.  According to the circulating supply of dogecoin, if its price is 20k, what will be its total market cap?  It's just an unrealistic fantasy.  I think dogecoin could be around $1 by 2025 if they can really do any development work of this meme coin.

agree with what you said, this would just be an impossibility and anyone would know about it.
they have unlimited supply and it's very hard to see a coin whose supply is unlimited but expects to be a significant number.
This is an impossibility that cannot be achieved even if there are hundreds of pumps

[wmaurik]

I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.

Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now.

[Russlenat]

I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.

Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now.

Correction for DOGE will continue as the market remains bearish. I'm surprised it's still sitting at the top 10, but eventually, as the bearish market prolong, it will go down, and when investors panic, it will not be in the top 100 again. I'd rather buy a coin with some decent potential so if ever they'll dump, investors will still stay and they have a good chance of rising again. Taking note, Shib is going down as well in the ranking, these meme coins would never survive without hype.

[Desmong]

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

Don't you think that amount is too much? Predicting $5K is somehow big for me and if that tend to happen, then btc will be around $300k and Ethereum will be around $80K. The market will determine this not ourselves speculating the price of different tokens and coins. Let's keep watching what the market has for us and I'm very sure that things are going to get better.

[Cryptock]

I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.

Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now.

Correction for DOGE will continue as the market remains bearish. I'm surprised it's still sitting at the top 10, but eventually, as the bearish market prolong, it will go down, and when investors panic, it will not be in the top 100 again. I'd rather buy a coin with some decent potential so if ever they'll dump, investors will still stay and they have a good chance of rising again. Taking note, Shib is going down as well in the ranking, these meme coins would never survive without hype.

You don't have to be an Einstein to know that the prices of coins that were created only to be pumped will drop the fastest when the bear market starts.
There is no doubt that if the drops in prices continue for several weeks, both DOGE and SHIBA will fall from the top100 for sure.

[tippytoes]

I will recommend to put only small parts in Doge. Don’t put your eggs in one basket. Diversify and research. Remember low market caps are still viable for a lot more speed. got a guaranteed way to share with y’all on how your portfolio grow with about 30% weekly. such a profitable opportunity without stress.

Actually there is no guaranteed way to grow by 30% at this time especially if the money is in Dogecoin, even though the way you say it can be very good for everyone to do, but guarantees it will never exist in market conditions like now.

Correction for DOGE will continue as the market remains bearish. I'm surprised it's still sitting at the top 10, but eventually, as the bearish market prolong, it will go down, and when investors panic, it will not be in the top 100 again. I'd rather buy a coin with some decent potential so if ever they'll dump, investors will still stay and they have a good chance of rising again. Taking note, Shib is going down as well in the ranking, these meme coins would never survive without hype.

You don't have to be an Einstein to know that the prices of coins that were created only to be pumped will drop the fastest when the bear market starts.
There is no doubt that if the drops in prices continue for several weeks, both DOGE and SHIBA will fall from the top100 for sure.

If we will not see any progress in terms of development for doge or shib, I don't think they can sustain their current price. But maybe, high probability that doge will still exist after 5 years, but the price, this one is hard to determine. And with regards to shib, its existence is questionable and more than likely, it will be abandoned in that time period. Once the team got tired of creating hype or spreading fud, they will slowly disappear in the limelight. They don't even bother to update their thread in the forum. So I don't know exactly their true intentions here, but in my opinion, shib can easily disappear in this market as compared to doge.

[levyashin]

I think you are dreaming

For a shitcoin like doge to become that much inflation should reach %100000 or more.

So if doge reach 20.000$ we would have some huge problems.

[wmaurik]

Correction for DOGE will continue as the market remains bearish. I'm surprised it's still sitting at the top 10, but eventually, as the bearish market prolong, it will go down, and when investors panic, it will not be in the top 100 again. I'd rather buy a coin with some decent potential so if ever they'll dump, investors will still stay and they have a good chance of rising again. Taking note, Shib is going down as well in the ranking, these meme coins would never survive without hype.

Shiba Inu is a bad meme token but for Dogecoin it is a slightly different meme coin and has also been in the crypto space for a very long time so it can stay in a good position and I personally have never seen Dogecoin in the top 100 except for the top 5 in the past, because this Dogecoin already has little trust from the big investors in the past and also in the present

[Abiky]

Don't you think that amount is too much? Predicting $5K is somehow big for me and if that tend to happen, then btc will be around $300k and Ethereum will be around $80K. The market will determine this not ourselves speculating the price of different tokens and coins. Let's keep watching what the market has for us and I'm very sure that things are going to get better.

It's an insane prediction if you ask me. But knowing that crypto behaves in strange and bizarre ways, anything's possible. The only way DOGE would reach such a high price is if Bitcoin is valued at millions of dollars per coin and/or Fiat's inflation keeps rising non-stop. Otherwise, I don't see it reaching more than $0.50 anytime soon. I'd focus more on cryptocurrencies with real use cases like Bitcoin and Ethereum than Dogecoin itself. The latter is a "meme" coin subject to speculation and hype. It can either go all the way up or down the drain in an instant. With BTC and ETH, the risk of loss is lower. They provide real use cases in the mainstream world, so my guess is that they'll last longer than Dogecoin itself. Prices for both BTC and ETH will surely go higher over time as more people notice their true benefits. Who knows what'll be of Dogecoin 5 years from now? Just my thoughts

[Pejoh Asu]

Seeing the fact that the market red and DOGE have experienced sharp corrections since December makes us realistic, maybe we need 100 people like Elon Musk who can pump DOGE again, and of course this is a very difficult thing even if we don't do real adoption then DOGE will be difficult stay at the top 100 rankings.