DogeCoin (DOGEUSD)

[xZx]

that's a great way to frame it! i read only 100M people worldwide are trading crypto now.

the rate of dogecoin's adoption will probably increase 100 or 1000-fold, maybe even more, during that same 25 year period.

crypto and stocks both abide to an extent by the "effective float" law of supply and demand.

in a penny stock, if the OS is huge, and the float is too, but all the traders are holding tight for much higher prices, that effective float is really small.

same goes for dogecoin, but it's even more exaggerated.

think of the wallets that get lost, or the people who owned it and have since passed away. or the whales who bought billions a long time ago and just parked it in cold storage, never intending to sell until much higher prices.

no wonder this chart can bounce like it does.