Why Dogecoin (DOGE) will never reach $100 ?

Dogecoin : Inflation of Token Number Prevents Surge to $100

Despite the crypto market downturn, Dogecoin (DOGE) continues to attract considerable interest. As the largest “memecoin” by market capitalization, DOGE benefits from a particularly active global community.

While the crypto markets have dropped to new weekly lows at $0.14, bulls continue to assess the potential for a parabolic rise in Dogecoin’s price to new all-time highs above $100.

However, a realistic examination of Dogecoin’s circulating supply and basic market calculations raises serious doubts about the $100 price prediction for DOGE.

Numbers Speak for Themselves

According to Coingecko data, Dogecoin has a circulating supply of over 148 billion tokens. At $100, Dogecoin would have a market capitalization of 10 trillion dollars.

Even if the total supply were capped at 100 billion, reaching $100 per token would require a market capitalization of 10 trillion dollars. That’s nearly five times Apple’s current market capitalization, the world’s most valuable company, and more than the combined stocks of AAPL, NVIDIA, and Microsoft.

By comparison, Bitcoin has a total supply of 21 million tokens and has yet to sustainably maintain a valuation above 1.5 trillion dollars. A $10 trillion valuation for DOGE would also surpass the M2 money supply of many major economies, making this price target mathematically improbable in current economic conditions.

Technical Analysis : Dogecoin Struggles to Break $0.25 Resistance

As of April 9, Dogecoin is trading around $0.147, up about 4% from its overnight low at $0.136. However, technical forecasts suggest that Dogecoin may struggle to break the $0.25 resistance in the short term. This price aligns with both its 200-day moving average and 100-day moving average.

Unless a major catalyst – like integration on X or another Elon Musk tweet – emerges, the upside potential appears capped in this range, while the $100 prediction remains a distant goal.

Dogecoin is currently consolidating near $0.14, well below its early April high of $0.21, showing a clear lack of bullish conviction.

Despite its lingering medium-term bearish trend, DOGE shows good short-term positive signals. It could even trigger a 13% increase in the coming days to reach its 20-day moving average at $0.17. The CMF indicates good capital inflows, and the supertrend has turned bullish.

Long-Term Growth Will Depend on Real Utility, Not Hype

Historical surges in Dogecoin have mainly been sentiment-driven. However, sustained growth at an institutional level requires real use cases. Currently, DOGE is accepted by some merchants and micropayment platforms but lacks the smart contract functionality of Ethereum or the enterprise potential of XRP.

That being said, the token’s fast transaction speed and low fees could support a case for retail adoption or microtransaction payments in emerging economies. Nevertheless, widespread utility must be proven before even a $1 price target becomes viable.

However, it is worth noting that Dogecoin ETFs could come to fruition very soon, bringing that highly anticipated institutional touch.

The Community, Dogecoin’s Main Asset

Despite fundamental and market capitalization calculations limiting extreme targets, Dogecoin remains one of the few cryptocurrencies with consistent global support. The community has funded projects like lunar missions and charitable initiatives, giving it a unique cultural relevance.

Elon Musk’s influence has also regularly boosted its price, although these movements tend to be short-lived. For DOGE to see significant short-term gains, financial markets as a whole must recover from the turbulence surrounding the US-China trade war.

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