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After Elon Musk’s crazy prediction, the predictions for Dogecoin (DOGE) are moving forward. Does $100 in Dogecoin really make you a millionaire, should the Tesla boss be right?
Become a millionaire with 100 dollars in Dogecoin?
Despite the powerful competition, it cannot be killed: Dogecoin (DOGE), the most famous and largest meme coin by market capitalization. The joke currency has been declining for some time, for example it has lost about 15% in the last four weeks and it has also lost a lot in the last seven days.
However, the digital asset is highly regarded by Dogecoin fans and multi-entrepreneur Elon Musk. DOGE is said to be even better than Bitcoin, in its opinion even the meme base has what it takes to become a global currency.
He “doesn’t really hate fiat currencies”, as there are many in the crypto world, the father of ten told Time.
But, according to Musk, there are “advantages to cryptocurrencies compared to fiat currencies” because governments tend to “dilute” fiat currencies. Musk:
“It ends up being a harmful tax for people, especially those who have cash savings, as the money supply becomes diluted.”
And then there is this sentence, which is now heating up speculation:
“Probably the most entertaining outcome, the most ironic outcome, is that Dogecoin will become the currency of the Universe in the future.”
“How much is the DOGE in the window?”
Not Bitcoin, not Ethereum, no – Musk thinks Dogecoin is set to become the global currency! On Twitter, he also shared a picture of a dollar bill with a Shiba Inu dog on it with his more than 143 million followers, asking:
“How much is the Doge in the window?”
How much is that Doge in the window? pic.twitter.com/bxTkWOr50V
— Elon Musk (@elonmusk) May 20, 2021
Dogecoin, dollar – can’t get much clearer what Musk is trying to propose. But what needs to happen to your $100 in Dogecoin to make you a millionaire if Musk’s crazy predictions are right?
1 DOGE currently costs $0.06172. For 100 dollars you get 1,620 DOGE right now. For them to be worth a million dollars, the price per Dogecoin would have to rise to about 618 dollars. This corresponds to an increase of more than 1 million percent.
And while that is not impossible, it is still considered highly unlikely. Especially because Dogecoin has a very high supply inflation, with 10,000 new DOGE being thrown into the market every minute (!).
Every day, almost 15 million coins are added to the existing offer – “rare and precious” are different (if you still want to enter: it makes it easy to buy Dogecoin with Paypal). Anyone interested in meme coins with bullish forecasts could take a look at upstart meme coin AiDoge (AI): The project has just completed its pre-sale and will now be listed on crypto exchanges for the first time on June 19 . Was it worth starting?
AiDoge – Meme generator with 100x power
Crypto Jacob Bury’s influence is certain: AiDoge (AI) could be one of the hottest new coins of the year, he thinks at least 10x is possible.
The heart of the project: Artificial intelligence meets memes. AiDoge (AI) combines the two hottest trending topics of late, based on a technologically sophisticated meme generator.
The platform allows its users to generate memes at any time – for example by entering text. To create relevant, high-quality and timely memes, AiDoge uses the latest AI algorithms that are in line with recent crypto trends. That’s not all: AiDoge also offers betting mechanisms that allow you, for example, to get attractive rewards.
Also compared to Dogecoin’s “Dino-Meme-Coin”, AiDoge offers several advantages that could make the related AI token an attractive investment opportunity.
- For one, AiDoge has a total supply capped at 100 billion – Dogecoin, on the other hand, has infinite inflation. This means: AiDoge may be more scarce and valuable than Dogecoin.
- Secondly, AiDoge has a unique and original idea that stands out from other memecoins. AiDoge is not just a useless meme coin – the project is developing a platform that offers real added value to users. AiDoge is able to create memes tailored to users’ interests and needs, offering you a personalized and fun experience.
- Also bullish: AiDoge scores with a dedicated and growing team of developers and experts who are constantly working to improve and expand the platform. And: AiDoge plans to integrate more functions like NFTs, gaming and social media in the future.
All these factors suggest that AiDoge could be a promising project with huge potential for growth and success – especially considering that the cryptocurrency will only be listed on crypto exchanges on June 19 and has not experienced any still price explosions!
Last updated on June 16, 2023
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