Dogecoin flips Tesla??? 5 BOLD predictions that could happen this market cycle!

When the crypto markets lose nearly 20% of their total asset value triggered by a tweet from Elon Musk, you have to admit that we are living in interesting times. Trying to understand the value of money and assets right now is extremely challenging considering: fiat money creation, the pandemic and its social and economic impacts, inflation, different asset valuation metrics (i,e. network value versus earnings), and a host of other subjects that can make your head spin endlessly. This article is focused on some fun ideas that may (but probably won’t) happen in this crypto cycle. So, I ask you to open your mind and step out of your belief systems for a moment and challenge yourself to imagine if these ideas really are plausible. If you do believe any of them could/will pass, leave a response with which ideas you feel are possible. None of this is financial advice and this is meant for entertainment.

Bold Prediction 1: Dogecoin’s market cap surpasses the market cap of Tesla stock

Dogecoin has gone up nearly 150x from one year ago according to Coin Gecko at the time of writing of this article. The current market cap is $51 billion. Tesla has a market cap of just over $540 billion. Assuming the price of Tesla stays static (it won’t), Dogecoin would only have to do an 11x from here to…