I believe it will grow to .00005 over the next couple of years. I think It will be worth roughly 4-5 US Cents per coin. That's when I plan on selling, and while it's under that price... Im buying.
you know how many *billions* of dogecoin they have already mined, and how many more are coming right?? 6.5% 12B mined in the first 3 days. Once people wake up to what a massive scam this was it's dropping into the toilet.
The current market cap of bitcoin is over 10 billion. The current market cap for dogecoin is over 62 million. There is over 12 million bitcoins and over 40 billion dogecoins currently. A bitcoin at coinbase is currently worth $800, a dogecoin on cryptsy is currently worth .00000188 BTC which translates between 1/10 and 1/5 of a US penny. Right now I believe there is an infinite number of dogecoin to be mined, which I also believe is being fixed by the developers. Either way, I don't see why some believe it to be completely ludicrous that dogecoin will reach the value of .01 USD.
So in 3 days they mined 12B dogecoin = 120million at 0.01 USD? This would be a new "super" form of premine.