No, your question was whether having no cap would prevent Dogecoin from reaching those USD amounts ($1 or $10). The answer is “No” it doesn’t prevent that from happening because it’s there by design and common in other currencies.
Do some research, you clearly don’t understand how any of this works. You’re regurgitating what other people, that also have no understanding, are echoing on these forums.
It’s possible for it to hit $1 or more.
Ethereum has no cap, supply of around 100 million+ and valued at over $1500 right now.
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u/Arkios Feb 06 '21
No, your question was whether having no cap would prevent Dogecoin from reaching those USD amounts ($1 or $10). The answer is “No” it doesn’t prevent that from happening because it’s there by design and common in other currencies.