Supply and demand. I am willing to pay $400 for a bitcoin, if sellers supply at that price then the market will adjust (rise or fall) to $400.
It's essentially a gamble. Just like stocks from my understanding. Your basically buying a share of company which will never split correct which will have a cap at 21. Million shares
Will doge or lite coin ever reach these values?
It would describe it as a high risk investment, not a true gamble Will doge or lite coin pass bitcoin its safe to say no. But they will get higher values then they have today at some point. But BTC will remain the "gold" of the crypto world.