Post
Topic
Board Speculation (Altcoins)
Re: Can we see a huge rise in the price of Dogecoin ?
by
asrinur
on 22/04/2023, 15:32:04 UTC
Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5...

You can also dream about the price of bitcoin at 1000000 dollars or ETH at the price of 10 thousand dollars. You should understand that the cryptocurrency market can fulfill even the most incredible desire. Nevertheless, when calculating your desires, you need to use Circulating Supply coins and the total capitalization of the cryptocurrency market.
Correct. Indeed the cryptocurrency market can fulfill the most extraordinary desires. But we also have to be realistic in predicting prices by considering the supply and capitalization of these coins and the history of the coin itself. If we predict the price of bitcoin to reach $1 million, of course it is still rational even though it takes a long time, especially with limited supply, it is very possible if the price of bitcoin can reach $1 million, moreover, the price of bitcoin always prints new ATH when the halving comes.