Is dogecoin going to $1 in 2018? Will this coin make you a millionaire?

in crypto •  7 years ago 

Chances are not. However it one of the oldest altcoins in the market with the friendliest community!

Dogecoin-Logo-Small.png

It is one of the top altcoins with the smallest value.

What does that mean?

It means that it has potential to grow a lot when compared to the biggest altcoins like bitcoin litecoin etc.
Even it it goes up to $0.10 it means a growth of about 17 times. Meaning if you put $100 in then you get $1700 out! Now is this unreasonable? Not really, it rose before up to $0.08 and people made a shit ton of money.

Well now you say "but bitcoin rose up to $19K"

So I say yes thats true, but its right not at $8K so even if it goes up to $24K thats still only a 3 fold increase. Meaning if you put in $100 in you will get $300 out. Is this unreasonable? Not really it may go up into the $100K's however thats not that likely!

So what do I say? Invest in doge! The more people invest in a crypto currency the more the price goes up!

Of course yes, DOGE has unlimited amounts of coins that could be mined thats why the prices remain so low. However if the demand passes the supply, doge will go straight to the moon! The popularity of doge increases every day!

The set up is easy and free! The community is great at donating doge to new users!

And remember 1 doge always = 1 doge, so there is no money to be lost there!

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Hey great info. I don't fully agree with everything, but you make some solid points.