No. Dogecoin prices remain the same as previous price movements, even though people like McAfee say that Dogecoin is his favorite. Unless Dogecoin burns most of the coins to make it smaller.
Agree. If by any means, Dogecoin reduces its supply, then it'll go to the moon like skyrocket. There's no other way around it. Cryptocurrencies with a large supply often have a hard time becoming extremely valuable across the market. Dogecoin is one of those cryptocurrencies, as well as, XRP with billions of coins in supply. Despite this, Dogecoin has a good thing that most cryptocurrencies lack of. And that is a highly supportive community unlike no other crypto to date. The lack of development and innovation shouldn't be much of a problem as long as Dogecoin is used by most people worldwide.
Mr. McAfee's predictions related to Dogecoin may be inaccurate in terms of pricing, but he's well-respected within the crypto community. It's good to be optimistic about Dogecoin, as it's one of the oldest and toughest cryptocurrencies in existence today. It's no secret that DOGE has more transaction activity than Bitcoin Cash itself. With due time, the world's most popular meme cryptocurrency could gain the attention of prominent developers willing to improve the project every step of the way. It's important that Dogecoin remains up-to-date with the latest trends in Blockchain technology, in order to avoid certain issues or flaws critical to its longevity.
Nonetheless, Dogecoin might go to the moon in terms of user adoption within a few years from now. The next bull market will contribute towards this as people become interested into major cryptocurrencies in market cap. Considering that Dogecoin is the 29th largest cryptocurrency by market cap, it has retained itself after all these years. Mr. McAfee's newly proposed crypto (McAfee Freedom Coin) could end in the same way as Dogecoin or even better depending on how well people adopt it within the future. Just my thoughts
