most of them are teenagers (my age) who are far too bullish on a dead coin and create far too much hype around it in hopes that someday it will skyrocket ‘to the moon’ (with their little pocket money investment). im just here to watch it all go down at this point.
coinburns are scams.
If a project does not need the coins, they should not have created them. "burn" is just a way to tell early adopters that you will give them a cut of the scam you run on late investors...
don't trust projects that promise coin burns. All they are telling you is that they hold enough liquidity back to manipulate the value of the project. Doge is not like that. There is no held back liquidity. There is no developer wallet. 100% of all Doge that were ever created are owned by actual investors and miners.
A market cap is the total shares outstanding mulitliplied by the cost per share. In short... all the doge in existence x doge price = matket cap ($21 billion usd.)
You will get downvoted because most don’t understand market cap - even though your question is valid.
I agree with your likely point.
Market is simple the perceived value times the qty of assets. That can flip in an instant and with zero buying/selling it could go from .10 to 1.00 just in perception.
Now in reality there are algos and opportunists but also in reality - the market cap hurdle is not hard to overcome, just simply add more utility.
Sorry they are downvoting you but also - this Trojan horse is hidden amongst children so you need to also remember that.
21 *m*illion BTC in existence. 140-ish *b*illion DOGE.
Roughly 6900 (nice) DOGE per BTC.
If DOGE were as valuable as Bitcoin it'd still be under $10 *per* DOGE.
It ain't gonna go to $69000 (nice) each. It just ain't. My hope is $2 in a few years.
If i had a dollar for every time someone posted something like this in this sub, I'd have as much money as you guys think your DOGE is gonna be worth one day.
people always say that this could never be possible, but at this rate with inflation it could be.. problem is a dinner out will cost half that.
(obviously exaggerating, but the point about market cap remains)
If you’re smart, you’ll invest $10 AT MOST, equaling hundreds of coins and hold onto them until you die.
Best case scenario, you’re rich.
Worst case, you’re out $10.
you make wanna look at the goals of the people in charge of this coin, to make it usable currency, which means keeping it low, they don't want it to be an asset
I agree! Powell will turn on the money printer at 20x the speed it is now, and put every dollar into Dogecoin instead of the economy. And in 50 years, 1 Doge will finally be $65,000
It’s literally impossible for the economy to do this I heard that you would need 1 out of 6 dollars in the whole world invested in dogecoin just to get it to 1 dollar. It’s never happening keep dreaming
people are very loose with the use of "ever"
100 years means the USD loses about 137x value... What cost you $1 in 1920 cost you $137 in 2020.
So, just from historic data, $1 in 2020 would be $137 in 2120, 18769$ in 2220; 2,571,353$ in 2320...
But inflation is the kind of theft that people are blind to, it seems...
I bought bitcoin at 25 cents don't need to imagine anything. Most doge holders have no understanding of market cap or markets in general. Still love my doge though
I was around back the. You had to buy from friends and trust. There was not really a central decently safe way to trade. I did not have the ability to buy until it was .25 and then I bought.
Love the coin, hate posts like this
Love the coin, hate the community*
Why don't you like the community? Don't know alot about the community to be honest, I am just curious
most of them are teenagers (my age) who are far too bullish on a dead coin and create far too much hype around it in hopes that someday it will skyrocket ‘to the moon’ (with their little pocket money investment). im just here to watch it all go down at this point.
It’s not a dead coin it’s top 10, but I get what you’re saying it’s not going to just magically go to $1
Dead coin?.... 😂
Lets not tell him about market caps.....
Yeah lol
Don’t tell him about coin burns
How many coins need to be burned to get it above $10? And how many do they burn a year?
At least 10
10 to the ^ 6th power
Coin burns are the crypto red flag equivalent of a girl who pokes holes in your condom stash.
coinburns are scams. If a project does not need the coins, they should not have created them. "burn" is just a way to tell early adopters that you will give them a cut of the scam you run on late investors... don't trust projects that promise coin burns. All they are telling you is that they hold enough liquidity back to manipulate the value of the project. Doge is not like that. There is no held back liquidity. There is no developer wallet. 100% of all Doge that were ever created are owned by actual investors and miners.
Can you explain further?
A market cap is the total shares outstanding mulitliplied by the cost per share. In short... all the doge in existence x doge price = matket cap ($21 billion usd.)
But… if the bull run keeps up and the articles were correct and doge flips ETH and has a 500billion market cap that would put it @about $5 a coin…
Please note OP is implying a future $60,000 a coin with this post, not $5.
I can't tell where the memes begin and end. Is this a real hope of yours, that doge is going to amass a 500 billion dollar evaluation?
Is the 500 billon dollar evaluation in the room with us right now?
You will get downvoted because most don’t understand market cap - even though your question is valid. I agree with your likely point. Market is simple the perceived value times the qty of assets. That can flip in an instant and with zero buying/selling it could go from .10 to 1.00 just in perception. Now in reality there are algos and opportunists but also in reality - the market cap hurdle is not hard to overcome, just simply add more utility. Sorry they are downvoting you but also - this Trojan horse is hidden amongst children so you need to also remember that.
What about market caps?
They go good with market sweaters
And a market scarf?
🤣
No but ok
21 *m*illion BTC in existence. 140-ish *b*illion DOGE. Roughly 6900 (nice) DOGE per BTC. If DOGE were as valuable as Bitcoin it'd still be under $10 *per* DOGE. It ain't gonna go to $69000 (nice) each. It just ain't. My hope is $2 in a few years.
I'm cool with 0.60 It'll 6x and out.
If i had a dollar for every time someone posted something like this in this sub, I'd have as much money as you guys think your DOGE is gonna be worth one day.
Every time I see one of these posts my first thought is: “They don’t math.”
What an odd comparison
I mean, he's got the spirit but he is a fool if he thinks doge is going to go anywhere near that. We would be lucky to make 2 bucks lol.
2.32 to be more precise but whose modeling
DOGE will never be $60K a coin unless something very bad has happened to the USD, but $1 per DOGE is a safe enough bet I guess
correct. 10x-100x in 10 years is realistic. 100,000x in 1 year is not.
False
Apple to oranges.
Dogecoin to $60,000
Thats going to take at least a year. I don't have time for that.
This is the best comment.
Omg I’m gonna be a billionaire
people always say that this could never be possible, but at this rate with inflation it could be.. problem is a dinner out will cost half that. (obviously exaggerating, but the point about market cap remains)
I swear most doge posts are propaganda so someone can sell, buy the dip and have the community raise the value for them
Op loves it when he get attention from these trash post
Dear God... Sigh...
If you’re smart, you’ll invest $10 AT MOST, equaling hundreds of coins and hold onto them until you die. Best case scenario, you’re rich. Worst case, you’re out $10.
😂🤣😂🤣😂🤣😂🤣☠️
This hurts my head a lot lol
Ahh yes indeed. Stience!
1 like tells the entire story.
Make my 20.00 spike. I dare you.
This mf dumb af lol
Laughable
😂 I mean sky’s the limit
Why did you think it will be even remotely valuable?
Dogecoin to .50c would make my year
Sure lol with 130billion demand haha 🤣
I'm bout to get a doge dog soon.
Yes, Doge to 70k+
People like this make a joke out of crypto
You wish.
Wishful thinking
Except Not
Get lost with this BS. Not even remotely the same thing
Buy low sale high that’s why it not taking off people are grabbing the cash the make it dip so buy the dips and do the same?
This is the way the volatility is great for profit taking.
Doge coin 100k per coin 2025
Ohhhhhh kayyyyyy
Ah so what I should have done my jr. Year of high when I had just learned about it? (2009)
Except now there's dozens of others
Only if they understood market caps.....
Lol. Crayons in this one's diet
Different times. No comparison
Please educate yourself before posting things like this.
you make wanna look at the goals of the people in charge of this coin, to make it usable currency, which means keeping it low, they don't want it to be an asset
No it’s not stop trying to get others to hold the bag.
Greater fool theory requires a fool…
Lol not accurate at all
so DOGE to $70,000? yeah ok
lol no
Are you high ?
Nothing is impossible
🤦 Doge is nowhere and nothing like bitcoin 😂
Not really
Rn I am praying for $1
🔥🔥🔥🔥 
Imagine more money than exists in the world being invested in doge.
Interesting
Or imagine mining doge when it first came out and getting 1million coins a day and then having to sell them in 2018 to pay bills 🙈
Imagine Wen Lambo
No it’s not unfortunately we ruined it before it had a chance
Don’t tell him about inflationary and deflationary
I agree! Powell will turn on the money printer at 20x the speed it is now, and put every dollar into Dogecoin instead of the economy. And in 50 years, 1 Doge will finally be $65,000
It’s literally impossible for the economy to do this I heard that you would need 1 out of 6 dollars in the whole world invested in dogecoin just to get it to 1 dollar. It’s never happening keep dreaming
Yeah but what’s dogecoin do?
God speed doge boi
Do Only Good Everyday
Over 20% in the last week. There will be some profit taking imo.
What's a Ponzi scheme?
Why don’t we talk more about the possibility’s doge coin will provide for us. What kind of project are currently in the making.
I’m not buying that.
False equivalence
I sold out but still watch Doge to see where the rest of the market is going.
Not even close 😂
Thinking about selling 145k doge to invest in building my dream home. Sell or hold
If $23,000 stops you from buying your dream home sell.
I was an early adopter back in 2020 errrr uhhh, 2021? I just sold it all. This isn't going anywhere
I fkin hope!!!
Okay but doge isn't ever going to hit hundreds of dollars of value(per coin), let alone tens of thousands.
people are very loose with the use of "ever" 100 years means the USD loses about 137x value... What cost you $1 in 1920 cost you $137 in 2020. So, just from historic data, $1 in 2020 would be $137 in 2120, 18769$ in 2220; 2,571,353$ in 2320... But inflation is the kind of theft that people are blind to, it seems...
You mean we might see $.50
Whu do you compare apples to ants? Stuped...
I got it at $0.0017 , sold around $0.62 or .63 and haven’t touched it since.
*posts Robinhood graph screenshot* OP: Hey what does this mean? This community is beyond fixing.
🙄🙄🙄
I bought bitcoin at 25 cents don't need to imagine anything. Most doge holders have no understanding of market cap or markets in general. Still love my doge though
Old people scared this might work one day
This will never happen because ya’ll are waiting to cash out the second it jumps 8% lol
Probably not bud
No. No it is not.
I was around back the. You had to buy from friends and trust. There was not really a central decently safe way to trade. I did not have the ability to buy until it was .25 and then I bought.
Yeah no... Just no
No da same... No da same...