Post
Topic
Board Speculation (Altcoins)
Re: I Predict $20,000 for dogecoin in 5years time
by
Abiky
on 25/01/2022, 13:13:50 UTC
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 Grin