Are you the next Dogecoin millionaire? Today I’m taking Elon’s starship to the moon for some math on how much DOGE you’ll need to become the “top Shib” next bull run; and tell you the strategy I’m using to make it big with DOGE!
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0:00 Intro
0:54 Background
2:40 Moonmath
4:48 History of DOGE
6:51 Future of DOGE
8:50 Conclusion
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.
Sources:
https://coinmarketcap.com/currencies/dogecoin/
https://cointelegraph.com/news/elon-musk-s-latest-attempt-to-pump-dogecoin-fails-miserably
https://www.statista.com/chart/24646/dogecoin-price/
https://fortune.com/2022/10/15/elon-musk-twitter-everything-app-x-wechat-america-china/
https://www.coindesk.com/business/2023/01/30/elon-musk-wants-twitter-payments-system-to-accommodate-crypto-ft/
https://www.statista.com/statistics/1201792/market-cap-dogecoin/
https://www.statista.com/statistics/377382/bitcoin-market-capitalization/
https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp
https://twitter.com/elonmusk/status/1377567762919292938?lang=en
https://moneymade.io/learn/article/elon-musk-dogecoin
https://www.reddit.com/r/dataisbeautiful/comments/n9344z/oc_price_of_dogecoin_during_elon_musks_appearance/
https://fortune.com/2023/04/06/elon-musk-dogecoin-twitter-home-button/
https://cryptonews.com/news/dogecoin-price-prediction-as-doge-pumps-30-after-twitter-logo-rebrand-love-hate-inu-next-explode.htm
https://beincrypto.com/doge-price-stalls-second-week-breakout-next/
https://www.fxstreet.com/cryptocurrencies/news/doge-holders-turning-to-accumulation-could-have-this-impact-on-dogecoin-price-202305121838
https://currency.com/what-is-shiba-inu-coin-your-ultimate-guide
https://finbold.com/from-meme-to-millions-pepe-cryptocurrencys-explosive-150m-growth/
https://coinmarketcap.com/currencies/bambi/
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Are you the next Dogecoin millionaire Today I'm taking Elon Starship to the Moon versus math on how much dough You'll need to become the top dog next Bull Run and tell you about the strategy Anyone can use to make it big with Doge Let's get it [Music] [Music] Welcome to Big Boy crypto my name is Ben In this video I break down how much Dogecoin it's going to take to become a Millionaire in the next Bull Run the Doge all-time high well it was 74 cents This is important perspective for our Moon math on Doge because everyone Expected it to top out at a dollar it Shows how unpredictable crypto can be And why I have a range of price Predictions in mind from the top of the Next Bull Run if Doge did what everyone Thought it would do last time and hit a Dollar after the next Bitcoin having It's going to take one million Dogecoin To make a million bucks can't get an Easier math equation than that If you wanted to buy a million Doge Today that would run you a little over 71 000 and I'll be the first to admit That's not an amount most people are Willing to throw down on a meme coin Pumped by Elon Musk but what the price Of Dogecoin could go much higher than One dollar remember that Elon talked
About Doge being the future currency of Earth and even the Dogecoin website Calls it the perfect candidate to be Used as a currency because of its Diminished inflation rate it's possible That does will become a currency on Twitter or at least integrated with the Bird app in some way and that's an Interesting narrative because we know Twitter is where crypto networking Happens Instagram is for moms and Pictures of pumpkins spice lattes twitch Is for the gamers and hot tub girls Facebook is a boomer Wasteland LinkedIn Is for the suits but Twitter well it's The mega hub for crypto a lot of Networking and Alpha happens on the Twitter platform and if Dogecoin becomes Part of it all in some integral way it Could grow into some important use cases Not to mention the fact that Twitter is Likely going to become an everything app That integrates messaging social media Crypto and finance I think this is what People are speculating about when they Say holding Dogecoin could make a Million dollars Before I dig too deep though you should Know that I do hold Dogecoin and I have It in my crypto Casino portfolio it's One of the meme coins I expect to do Well next Bull cycle this video is just My thoughts on a project that many People think could Moon
In the starting line or rather if the Moon and a Tesla Starship Collide could 20x and hit a dollar 40 when the next Bull Run is at its peak it could even Get as high as two or four dollars of Lightning strikes twice and Dogecoin Becomes one of the bigger narratives in Crypto at that time it's going to take a Lot to get there though and here's why Crypto pumps are all about two things The market cap and the circulating Supplied the issue with doge is that 14 Million new coins are minted every day Which makes it a little harder to lock Down exact numbers to be fair the number Is I'm about to give you are estimates As far as the market cap goes a four Dollar Dogecoin would require an Absolutely massive market cap if it hit A market capitalization equal to Bitcoins right now 500 billion including Inflation that would make one Doge equal 3.65 cents 51x that's quite a stretch But if I know anything about crypto Anything's possible If the Doge narrative is strong enough To attract retail and institutional Investments take a moonshot into four Bucks well then 250 000 Doge would equal A million dollars which in today's price Would cost around seventeen thousand Eight hundred dollars two dollar dose Coin we cut the math in half a 290 Billion dollar market cap give or take
Where I get 35 000 investment into five Hundred thousand Doge at its current Price that's 27x these are huge market Caps and it's gonna take nothing short Of Twitter integration and or SpaceX Coming through with the promise to put a Literal Dogecoin on the literal Moon To make it happen crazy as it sounds I guess it's possible to find out why we Have to take a trip back to the time of The last having in May of 2020 when Dogeco is priced under a cent [Applause] [Applause] [Applause] Talked about this several times Dogecoin Was used almost like a stable coin back When dinosaurs roamed the Earth and Crypto had no dollar pen coins to move Funds around and make trades in crypto It was all volatility at the time and People used Dogecoin to trade that was Easy to do because for a long time Doge Was cheap priced well under one cent First mainstream price Catalyst for Dogecoin happened around the time of the GameStop short squeeze when Keith Gill With the Deep effing value handle on Reddit was leading the charge to pump on One of the most shortage talks at the Time If you were there for this then you know They were successful and the price of Gme went parabolic devalue indeed this
Is where we get a lot of the Degen lingo We use today like diamond hands it's Also where we got our first Behemoth Meme coin pump when gme was starting his Run a lot of Reddit users wanted to see The same thing happen to a crypto and The spirit of sticking it to Old five All the better to pump a cryptocurrency That was made as a joke Doge became The Golden Child of crypto Degens and Fries moved accordingly on February 25th of 2021 the price had its First major pump to seven cents and that Over three thousand percent pump is what Brought Doge into the Limelight everyone Started talking about it and at around 7 Cents is when a lot of people got in and Subsequently got wrecked when it dipped Back down to four cents the price of Doge hovered there for a while until Elon started talking a lot more about The yellow dog started tweeting about it Of course his first time tweeting about It saying the CEO of Doge does back in 2019. but from there the price took on a Life of its own by the time Elon was on Saturday Night Live doing his best Impression of Waluigi and talking about Dogecoin going to the moon on May 7 2021 . now he's going hit its all-time high Of around 70 cents that day the point Here is this dojoy's price is an Inextricably tied to Twitter it seems Like plans are still in the works for
The Bird app and the dog coin even after The price of Doge retraced to its Pre-moon pump low of around five to Seven cents Elon changed the Twitter Logo to a Dogecoin logo he's made Several crypto tweets about his Integration with Twitter and we know That Twitter aspires to offer crypto and Payment services in the future I think The Twitter will have to be at the very Least a big part of why Dogecoin would Pump hard next cycle and I think that Has a chance of playing out Twitter did Just get a new CEO so this could be Bears for Doge but it could also mean That Elon is more free to talk about Dogecoin on chain data shows that Doge Miners have moved to accumulation right Now they've increased their Collective Holdings 20 million coins in May after 75 of reserves last month that means That they're betting on the price moving Up or at least stabilizing over time and Doge holders in Wales well metrics Indicate they've been accumulating as Well in the zone for Dogecoin to melt Faces it'll have to catch a windfall Narrative this cycle which I already did Last cycle they say lightning doesn't Strike twice but Elon seems to be Committed to meme currency and it Wouldn't surprise me if he was able to Generate a lot of hype for Dogecoin with Whatever plans he is going to do next
But here's where it gets tricky price Momentum for Dogecoin is speculative at Best it relies on believing in what Twitter might do at Doge in the meantime Is inflationaries apply at 5 billion new Coins mined every year increases the Number of coins on the market and gives Holders less and less chance and making Millions for all you Doge Believers or Shibs I think they're called I think You're making a decent bet snacking Dogecoin and hoping for the best it's All speculation and hard to tell where Does can go from here I think it's Likely that Doge could hit a dollar Somewhere between 20 24 and 2025 if only For a day or two but at two dollar Doge Well it's nothing but Moon math there's One big caveat though all this math is Based on Doge not changing his code if Dodge forks and adds in a burning Mechanism change to the inflation rate Or staking then the entire Dogecoin Space would turn into a dog pile and all This math goes out the window in the Most bullish way possible so here's what I'm doing we follow this channel you Know I'm putting together a crypto Casino portfolio that includes Dogecoin As well as some of the other meme coins That did really well last cycle like Sheba in you I'm also from time to time Adding some Mega Pumpers that we've seen Recently if you don't have 70k to place
On a one dollar Dogecoin bet then Putting together your own crypto Casino Portfolio it's a great way to position Yourself to make a million dollars if Dogecoin and other meme projects go to The moon but be careful though mean Coins are fun but their existence can be Fragile be careful always use common Sense and do your best to mitigate risk But as always that's not Financial Advice that's all I got be blessed big Boy out Thank you [Music] [Applause] Foreign [Applause] [Music]