To be fair there were exaggerated forecasts that proved to be right in the end. I used to have a number of altcoins which have exaggerated price predictions that eventually happened. I had XRP back when it was ridiculous to predict $1 for it. Time came when an XRP rose to as high as $3. I had DOGE during those days when $0.1 can only be interpreted as wishful thinking. But it rose to $0.7. Shiba Inu had also a similar story. And some more.
But just be warned that this is a handful compared to the thousand other exaggerated predictions that didn't come true. And these predictions are merely based on hype. They're mostly unfounded. So I don't think it is worth the risk to bet on them with the hope that one would fly to the moon.
That's true. I also never expected Doge to reach a value of a few cents. I had thousands of them back in 2014, and they weren't even worth $5. If I'd still had them, I'd have a couple of thousand dollars now.
It is funny, isn't it? Who would have thought in 2014 that Doge would last this long and would even reach almost a dollar? It was a mere meme coin which was meant to be just a joke. It was the ancestor of the likes of boobcoin, beibercoin, trumpcoin, etc. But well this is the crypto market. It would have been better if you've forgotten your Doge until it hit $0.70.
But still I think I wouldn't recommend investing on shitcoins with exaggerated predictions.