Is Elon Musk’s DOGE Prediction True? $100 in Dogecoin and the Path to Millionaire Status

Elon Musk is the proprietor and most adopted account on Twitter, however he has additionally been a long-time supporter of Dogecoin (DOGE). In truth, the meme cash worth historical past has lengthy been intertwined with the controversial billionaire’s enterprise practices.

The largest pump in latest instances Dogecoin has loved was after Musk steered that DOGE may very well be accepted as a cost technique for Twitter. So, though the primary meme coin has been struggling by means of a poor efficiency interval, there’s nonetheless hope on the market. In truth, there are predictions going round that in the future, $100 greenback value of DOGE shall be sufficient to safe an investor millionaire standing.

Now it is a very bold prediction, and we’re not saying it is going to come true. However, there’s nonetheless hope that DOGE can hit $1, and due to its present woes in the event you had been to make investments in it now and it did climb throughout the subsequent bull run, it will arrange properly in your manner to millionaire standing.

Can Investing in DOGE Make You a Millionaire?

Let’s be trustworthy right here, the possible reply is not any. However, you would nonetheless see an enormous revenue in the event you do make investments in Dogecoin (DOGE) now and the worth bounces again. Below you’ll be able to see the chart for the final 30 days of DOGE’s worth historical past. The large drop is after the SEC introduced a lawsuit towards Binance and Coinbase, which each listing the meme coin.  

So issues aren’t wanting good at the second, however that doesn’t imply that it’s going to keep like this eternally. The drawback for the Dogecoin challenge is that there are new meme cash on the manner up now which can be an actual menace to the challenge’s standing.

Lots of these initiatives have had time to look at each step that initiatives like DOGE and SHIB have made and realized how to each replicate their success and not make the similar errors. The consideration on the meme coin market all appears to be directed at these cash slightly than at the conventional giants. 

The hope for DOGE is that traders are simply in the new shiny toys as a result of, for therefore lengthy, there weren’t another good various choices. If you consider DOGE will hit $1, your hope is in the big neighborhood the meme coin has constructed up over the years. The Twitter account, for instance, has over 3.8 million followers.

These dwarf most different crypto initiatives, not to mention meme cash. So, the potential is there, and in case you are a believer, then this represents an ideal buy-low alternative if it pumps to $1, you’ll make the most in your funding. It might not be millionaire standing, however will probably be a superb step in that course.

For DOGE doubters, although, there’s a new meme coin on the block that represents a significant menace to its place. Many consultants have already drawn the hyperlink between the downfall of the meme cash’ primary crypto and the arising for this new meme cash presale. 

Wall Street Memes – Could This Be the Next Big Meme Coin?

We talked about that the new meme coin initiatives have been bringing one thing else to the desk. This has principally utility and long-term challenge safety. What this was a response to was all the meme coin initiatives that fail due to any long-term views.

As Dogecoin is the authentic and primary meme coin, these initiatives didn’t symbolize a direct menace. While sure, it may very well be damaging to produce other meme coin initiatives take away potential traders, these cash would possible function in a unique sphere of the meme coin market and wouldn’t instantly have an effect on Dogecoin’s place as the primary meme coin.

The arrival of Wall Street Memes ($WSM), nevertheless, is a a lot totally different story. This is de facto the first meme coin challenge we’ve got seen that has a respectable declare that it’s going to sooner or later topple DOGE. The reasoning for this? Wall Street Memes comes with a ready-built neighborhood that already has an enormous quantity of sway in the on-line crypto neighborhood regardless of the presale solely being three weeks previous. Find out how to purchase Wall Street Memes right here.

This presale has already raised $7 million in this small time frame, however it is a shock to nobody that already is aware of the model. They are one among the strongest on-line crypto platforms boasting over 1 million followers throughout its varied platforms. Their legitimacy as a hub for crypto is strengthened by the proven fact that they’re adopted by a number of influential crypto accounts like Magic Eden and Cameron Fous.

As if this wasn’t sufficient to scare Dogecoin backers, AI expertise additionally appears to be on the aspect of Wall Street Memes. Google has not too long ago launched its new AI chatbot referred to as Bard AI. Crypto customers have turn into obsessive about utilizing AI chatbots like ChatGPT to assist them with crypto prediction. Google’s is even higher than ChatGPTs because it provides you a crypto prediction with no restrictions, in contrast to its competitor.

When requested to make a prediction for a way Wall Street Memes would carry out in 2023, Bard had the bold projection that the meme coin may pump by 352% from its authentic presale worth. Even the most conservative amongst us can solely take a look at this as a constructive for $WSM and a damaging for DOGE backers.

While it’s nonetheless early days for the new meme coin, there does appear to be one thing particular brewing. For these of us in the enterprise, we can not await the listings to start. If Dogecoin continues to tank up till that time of the #WSM listings, we may very well be in for a altering of the guard. Watch this area.

>>>Visit Wall Street Memes Presale

Conclusion

The DOGE $100 greenback to millionaire standing could also be a rocky highway from the place we stand at the second. That shouldn’t be to say that the Dogecoin challenge is useless, removed from it. It may very well be an awesome buy-low spot. However, taking a look at the come-up of Wall Street Memes ought to put worry in any Dogecoin backer. We can not for certain say what’s going to occur in the future, however there may quickly be one other possessor of the king of meme cash title.