Other reasons why DOGE will never reach $50 or $100

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The cryptocurrency market is highly competitive, with many other tokens showcasing strong technology, stronger development teams, and clearer use cases. Therefore, capital rotation may occur, preventing DOGE from soaring and reaching the theoretical value of $50 or $100.

As mentioned above, Dogecoin's fundamental value proposition (meme coin) is lacking. In the ever-evolving crypto space, currencies that provide more value and higher returns are preferred by investors. Thus, it is unlikely that Dogecoin will reach double-digit or triple-digit levels.

The nominal market capitalization of Dogecoin rising to $50 or $100 is simply ridiculous. To achieve the aforementioned value, the market cap must increase by 105-210 times.

Additionally, price predictions for Dogecoin suggest that DOGE would need to rise by 15,661% and 31,422% to reach the expected targets, which is impossible considering the market conditions.

Live stream with the dot avatar, understand the bull market!!!