Quote from: Sithara007 on December 14, 2019, 02:25:05 AM

Seriously? You believe that this joker is still trustworthy? Have you ever heard about ICOs such as Transcodium, Latium, Finacoin, Eristica and Nimbus? The chances are low, because most of these projects are dead. The common link for them is that McAfee promoted these projects (after charging $105,000 for a single tweet from his official twitter handle). And then there is the Mcafeecoin, which is his own ICO. You may not find many of these projects in coinmarketcap, because they don't even qualify for the listing there.

I doubt serious crypto enthusiasts will believe a word McAfee says after promoting/shilling a few scam projects in the crypto space. Anyone can speculate, but what really determines a cryptocurrency's value is its use cases within the mainstream world. I believe that Mr. McAfee is wrong again by making wild speculations about the future of Dogecoin. This is a cryptocurrency which is not meant for long term investments, but rather as a short term investment for performing quick trades and sending micropayments at a fraction of the cost. What prevents Dogecoin from ever reaching new All-time-highs is its total supply (aside from today's bear market). The highest recorded ATH of DOGE was $0.01 per coin. I doubt that it'll go to the moon in terms of price, because of the way it was designed. Unless a new development team comes up with the aim of "reviving" the cryptocurrency project, Dogecoin will remain as a "second-class" cryptocurrency for years to come.

But who knows? Anything can happen in crypto land. I've seen several cryptocurrencies being worth nothing to hundreds of dollars in a matter of months. While the chances of this happening with Dogecoin are very slim, we cannot discard the possibility that DOGE could turn out to become valuable sometime in the future. A new development team might become interested in reducing the cryptocurrency's total supply. Time will tell us what will be the outcome of Dogecoin's adoption worldwide as people discover its true benefits. Just my opinion