Bitcoin Forum

The market has been on a downtrend for quite a while now. Bitcoin, as well as other cryptocurrencies have seen their value wiped out within a matter of days. Investors are quite disappointed with how prices are falling at a fast pace. Some are beginning to believe crypto is dead (which we know that's not the case), while others see this as a huge buying opportunity to buy lots of coins at a discount.

One of the coins that was severely affected is Dogecoin. The "meme" cryptocurrency has seen its price up go mainly because of Elon Musk hyping it across social media platforms. But right after the Terra/LUNA and Celsius scandal happened, things have changed. Elon Musk has been silent (as far as I'm aware) for quite a while. Without someone to "pump" Dogecoin, prices will continue to decline like there's no tomorrow. The coin is changing hands at around $0.05 (at the time of this writing), but it could fall lower if BTC dives lower in price.

I'm wondering if DOGE will go back to sub $0.01 prices ever again? If it never does, will that mean DOGE will someday go all the way to $0.50 per coin? I'd like to know your thoughts about this. Your input will be greatly appreciated. Thanks in advance. :)

I really amazed with DOGECOIN, even how the market dumped too hard. DOGE is still on the top among quality high market cap altcoins.
To be honest, recently I started to buy DOGECOIN using my extra funds on different exchanges like the dust amounts and converting them to DOGECOIN.

If ever DOGECOIN will go back to sub $0.01 I will expect BITCOIN will do a massive pump too. Because it seems DOGECOIN is my signal for trigger of bull run.

In recent tweets, Elon still claims to continue to support Doge after being denounced by investors. Dogecoin could still get worse, but it won't die, that's all I can say. Although it was a meme, it existed in the market before many of today's alt coins. Doge not a meme that gets people's attention until Elon mentions it, if Elon doesn't support it anymore then the end point could be that doge going back to where Elon wasn't there.

Meme coins or tokens have started to lose their prestige lately, people are no longer paying attention to them, including Dogecoin (DOGE) or Shiba Inu (SHIB). I think that the price of Dogecoin (DOGE) will periodically fall. There are no use cases there, the supply is increasing all the time. This has all become a real reference for not buying Dogecoin (DOGE) again. It is also possible that we will see the price of Dogecoin (DOGE) before the crazy price increase. We will see later.

5 cents? Closer to 7 cents at the moment.


I don't think Elon is the type of guy to let his investment go to shit. Dogecoin has been my biggest hold for all of this year as it is the best coin to actually be used as a currency. BTC is too slow and ETH is too expensive; DOGE is just right for transacting. Plus, you can also use it to make NFTs for super cheap (https://bitcointalk.org/index.php?topic=737231.msg60497172#msg60497172).

Elon is loosing relevant in crypto space as most people tag him as manipulator. In cryptocurrency space all things are possible. I have not imagine in June last year that bitcoin and  other coins will be were there are today but it happens. It is very possible for us to see doge again even below $0.01 and it might happen this year.

It might be, but not in near future, or at least in the next 1-2 year. I think Doge just like most of the crypto today, their price still depend on Bitcoin's price, and for what I heard and knew, this bear market will not end soon, some even say bitcoin will not surpass $30,000 until next year. Therefore, Doge will not have significant price change either.

We've been used to those criticisms whenever the market is on the bear. They have no other words to say but as usual, telling the market is dead because it's down.
The current pricing of Dogecoin is $0.06 and that's still a decent price to tell. It's possible that we may see Dogecoin goes back to $0.01 if this bear continues to dominate the market. And for it to go up, Elon is needed again and we don't know if without him and its just bitcoin alone going back bullish again if it will recover.

Yes,  Doge price still depend on Bitcoin price,because whenever Bitcoin price is dumping in the market other altcoins will be dumping at the moment. Since we are still in bearish market, it will be favourable to invest a huge amount of capital on Doge than Bitcoin because BTC price has started increasing in the market  for those that bought at lower price to start earning from their investment. I think, Bitcoin price will soon move to $40,000 because the price just increased to $20,000 which the green light is about to stable through out this year.

In that case, Doge will remain though it has lots of critics as long as Billionaire Elon Musk is behind it, it won't go down so easily. Though it's hard to believe Dogecoin still exists and remains strong nowadays, we will always judge its current market price, and right in front of our eyes is the evidence. Maybe Elon Musk is not really trusted when it comes to altcoins commentaries but when it comes to DogeCoin he is the main person you want to hear if you really want to know its future.

Things like this can still happen, especially if you look at the current market conditions and the Doge coin, which is basically just a coin that is used as pump and dump material, it is possible that something like this can still happen.
But indeed on the other hand we also have to look at the people behind them now, especially in some of Elon's current tweets saying that they are still at the Doge so even though for now there are only a few who believe in this but as long as this person is still around, I actually still do. quite doubtful Doge will return there unless Elon leaves from there then Doge will only be a coin of destruction.

Amazing, this is one of few topics were someone expect price to go down and it sounds real. In my opinion, the possibility for dogecoin price to drop to 1 cents is more likely than its price hits $1.
I also expect no dogecoin pumps in the future. As meme coin trend is dead, Elon Musk has switched to other business that crypto, or it seems he has no interest in it at all right now, I dont expect any natural price growth.

Anything is possible in the crypto. You can see doge coin going up and down but this will be happening once bitcoin is making a big move. There are so many resistance in the market for bitcoin to go up. I may think we will stay at the current rate even longer than before. you must also know if the fact if doge coin can go back to the 1 cents but it can also go to the 50 cents if the next bullish market will come. Doge coin is tied to the bitcoin and so any movement that will be made by bitcoin is giving impact to the doge coin.
These days are so difficult to predict where crypto will be going on.

The time when Elon tweets influence the price have passed i think, this is also the reason why there is a frantic increase in utility by the dogecoin dev to sustain the artificial price pump, this coin was not created to have a real utility but thanks to Elon's influence it surge higher than many ever expected.
But bear market is no respecter of anyone (Elon Musk or not) the possibility that doge will go back to that price is very likely considering the bear market still persist, investors are looking for projects with real utility and great demand for price sustainability during period like this.

Even though i dislike meme-coins with all of my heart because i really think that the meme-coin hype wave of last year where hundreds of new meme-coins appeared each and everyday were very harmful for the crypto market as a whole because they took away attention and also funds of course from "real" projects that were actually trying to achieve something, i have to say that i will always have a soft spot for Dogecoin. I will probably never invest into Dogecoin myself because i simply avoid meme-coins but i think the project as a whole is pretty likeable.
Regarding the price of Dogecoin. I don't really know what to expect from it because especially meme-coins are extremely hard to predict in my opinion. I think both outcomes are possible.

I really don't know if the Doge will be able to stay at the current price or will it return to the bottom. But if bitcoin slides to the bottom and hits $15k or lower, Dogecoin could likely fall again. And if that happens, we don't know what the bottom price of Dogecoin will be and we can only guess. With a large amount of Dogecoin currently circulating, it might be difficult to raise the price unless there was an event like yesterday where the price got a pump so it could rise sharply. We can only hope that what will happen next can bring good changes for Dogecoin and make its price increase again.

If bitcoin will crash again and why not? It will go back to the 1 cent again. That's why people are now always watching the bitcoin chart. bitcoin dump = doge dump and that's it.


Even if it never does and it doesn't even mean if doge coin will be going to the 50 cents again. Elon need to bought billions of doge coins again to make it happen. We know that if elon was also holding doge coin and im sure that if this guy behind the big pump that happened with doge coin and shiba inu last year.

It is possible if we see altcoins lose their values a lot in past bear markets. From its 2021 all time high to today price, it loses 99% of its value. However, from its chart, I think price around $0.03 is safer to entry as it can bounces back from there.

Of course from $0.03 to $0.01 is very possible if we consider that Dogecoin has leverage trading. Liquidation will quickly force price down a lot.

It should but I'm not sure if it will :)

In crypto indeed anything can happen, but what differentiate Dogecoin from other coins is that this coin has changed not only as memecoins but also considered as an investment and a strong community has made this coin last this long, I don't think Dogecoin will ever be able to return below $0.01 maybe it will only be the lowest price below that I think no, just my thoughts.

Doge plummeting to $0.01 will be a buying opportunity for crypto investors. I wouldn't be worrying if it goes to this price because this would mean the Doge the dumpers are selling will then belong to worthy holders.

Doge is just like BTC, it was once zero too. And its also decentralized like No CEO because he sold all he got and its nownup to the community to make things happen.

It has been a downtrend, and there are a lot of people who have lost a lot of money with this, and people have probably started losing their trust in cryptocurrencies "again". I hope they find a way to do it again, and maybe, in the long run, they will be happy that they invested again. It is one of the best buying opportunities out there, with all the coins.

As for DOGE, it has been a great run for it knowing how Elon Musk managed to make it to the moon, and many people have emerged millionaires because of it unless you diamond-handed it. It will be hard not to regret something you didn't take advantage of. We will never know how much it could change in the short term, but it will be best if you believe in it for a long time. As long as someone believes in it, it can go up.

More hype to it, probably?

that's kinda for certain considering that meme coins in general is just a trend, and trend like this tend to fade. It's just matter of trend changing in the future.
there's no real reason that keeps flows of investment coming to all these meme coins aside trend, and right now elon seems hardly shill all these meme coins.

That's correct. While many are bemoaning their losses, there are some who are raking in unbelievable profits by shorting available coins on margin trade and others are buying the dip through DCA technique. It simply goes to buttress the fact that even during a bull rally, not every investor benefits from it. As for Dogecoin, if it ever goes down to one cent or less, I'm going to load up on it. It's a risk I can take.

Don't underrate those two coins you mentioned. They aren't mere cryptos and you should know it isn't for nothing that many exchanges list them. There must be something those exchanges see in them to enlist them. I believe that's the utility they have.

If the market conditions remain the same and the market continues to fall, then the Doge will certainly reach $0.01. However, this seems quite difficult, but not impossible. A lot of people have invested in it because of the support of Elon Musk And they're confident that. Elon has been quiet for some time now, it's definitely because of market conditions. As the market improves, we will once again see the merits and memes of Doge in his tweets people will invest heavily in Doge, but by then it will be too late.

I wouldn’t be surprised if the Doge Coin moves back to 0.01 cents. This is because many altcoins have already lost 90-95 percent of their value and some even more. But since Elon Musk has been campaigning for it for a long time, he has a great contribution to develop the project as well . I think it will probably be limited to 05-06 cents or more. We have been going through a long time where we are not getting any news about Doge Coin. In the current market condition, it is also not possible. So we have to wait for the next bull market.

Just like Bitcoin and any other altcoins out there, we just simply don’t know what would happen to its price the next day, week or so. The chances for Dogecoin to go back to sub $0.01 is if there’s the next big guy who is either the same or a much higher level than Elon Musk who is going to hype DOGE and pump it. Just my own opinion but no guarantees or promises here. Ain’t a financial advice too.

IMHO, I think it's highly possible because we are in the crypto industry, An industry that has full of surprises and I believe anything can happen at any given time, and that 0.01 per Dogecoin price prediction might happen anytime soon if this market condition will continue to prevail and get worst, like what many says that a deep bottom will happen again in the likeness of 2018 bearish market experience so let's wait and see.

Judging from the popularity of DOGE which has started to grow again, I think the price of $0.01 is very likely to be achieved, especially now that DOGE's development is very convincing, where DOGE can survive against a very chaotic market like now, and its stability gives a strong signal if DOGE will grow as crypto market conditions improve.

It has priced in very quickly, especially this season. Since it is priced like this, I think there may be some depth to it. Of course, thanks to Elon musk and his followers, it has attracted so much attention, I think this community in dogecoin now forms a solid ground in this coin. Depending on the BTC pricing, if BTC goes down more, the dogecoin will go down with it. I don't think it will go below 0.01, but anything can happen.

I think it will probably not get to 0.01, that seems quite low, but it is quite close to it as well so I can't really say much about it. I feel like if the bottom is around this levels, then I think it will establish itself at around a quarter and would probably not have too much changes after that. Doesn't mean that it can't go above 0.25 cents, it can, but the average of it, or at least the expectation should be around that.

Anything close to a dollar is beyond gone in my mind, shouldn't have been getting there anyway and this increase we lived in the past was a big mistake. In the end I feel like the best thing to do would be let it be like this and not bother it.

As long as Elon Musk supports Doge, I don't think Doge will experience serious declines. Because Elon musk is a world-rich person and has a serious following. So it will not fall. But whenever Elon Musk withdraws his support on the doge, that's when we go back to the old mediocre days and continue to use it for sending transactions between exchanges as before. Considering the situation of integrating Elon Musk Doge into Tesla, I think he will not withdraw his support.

In the cryptocurrency market, everything is possible.  Doge will go back to sub $0.01 if it losses its major supporter especially Elon Musk.  In the same way, it is also possible to go all the way to $0.50  if DOGE adoption becomes rampant.  After all, the market is a matter of supply and demand.  Whichever weighs more, there goes the market trend.

In my opinion there are actually only two possibilities regarding DOGE.

1). It will stand the test of time, giving it more and more legitimacy as the only meme-coin to actually having some kind of stable, long-lasting value.
I don't know many more cycles of crypto it would have to survive of this to happen, but just imagine it still is around in 30 years or so.
How wouldn't it be somewhat valuable after all that time. And given inflation etc. it falling below 0.01$ is also more unlikely as time goes.

2). The meme will die at some rather near time in the future. Maybe due to some hack or gigantic dump or just something unforeseen happening. Then it'll fall way below 0.01$ after some more time has passed.

Cheers,
Gift

the trend was destined to end, after all it's a meme coin trend that is more or less is like shitcoin trend, it's definitely not sustaining for the long term as it requires newer people investment so that it could increase in value.
it honestly looks more or less like a pyramid scheme, it's still exist for the simple reasoning than some people think they could still make fortune out of it, meanwhile in reality they couldn't since hardly there is any new investment made unlike before.

For this recent market, exactly this is impossible.
But for the future, I mean in the next bullish, none can exactly predict it.
However, noted that Doge has a very big community and this also has a very high market cap. This is also at the top 10 rank of Coin Market Cap and CoinGecko

There is still any possibility for Doge to pump again if there is some good news again. Although it will be very difficut, ebcause we know that Elon tried it several times by offering good news butit doesn't give high impact to Doge price. Hopefully it willr eally reach $0.01  again.

it has quite literally went sharply downhill ever since the latest elon musk shill in regard of memecoins in general I doubt it gonna have any more rallies in the future.
Instead the spotlight was already being taken by shiba, basically the same meme coin so I really think that doge could be very well ended its trend in this downtrend.
in the other hand meme coin in general are right now having low trade volume means the trend has gone, so doge could easly went sub 0.01

Depends if Elon Musk will hype it up again since for sure we can see that to happen.

But if not? Well maybe we can see the same as before that Doge will became stable and take long years sleeping without getting any huge movement at all. But let see maybe the next bull run will tell everything on it since if we cannot see any constant changes even if there's a huge bull run will happen on bitcoin then this will close all the question about it.

What does hyping means to you? Making statements like "dogecoin will be accepted as a payment for SpaceX services" or "will be accepted for tesla accessories" ? Or mentioning dogecoin in tweets? For example June 19 Elon has tweeted I will keep supporting Dogecoin (https://twitter.com/elonmusk/status/1538406040374595585). This tweet got almost 400k likes, 40k comments and 50k retweets. And guess what has happened ? Dogecoin price gained 5-7%, but same did Bitcoin and other altcoins. So I would say that overall effect what quite minimal. I dont think Elon would significantly help dogecoin price to go up.

Well, we still don't know. I don't hear any from him in regards to Dogecoin, just to wonder why but I don't care cause I don't have Dogecoin anyway. However, those who hold a lot are praying this never happens.

Anyways, seeing its price now is currently at $0.06, not that close to $0.01 but yes, if the decline continues this comes to happen again like in the previous bear season. What just we need to prepare for the worse most especially for the holders. I hope they will still have the guts to hold or just sell them.

It makes no sense to dream of such a low price for a Dogecoin, since it can only depend on the general state of the cryptocurrency market. In this case, you can dream that the price of bitcoin will drop to $1000, and then at such a BTC price, the value of Dogecoin may drop below $0.01.

Crypto speculators you mean. I don't think anyone can properly say that doge is an investment. Not even a risky one because you invest in something that has intrinsic value. I love DOGE don't get me wrong but I know it's a pure memecoin and we shouldn't pretend it's anything other than that.

Doge isn't as decentralized as BTC tho. They have very few devs who take all the decisions and very big bagholders.

it has already reached the threshold of 0.01 the question is whether it could be losing its value and went sub 0.01.
I'm pretty sure that it could since honestly doge has no real fundamental backing it aside from elon shill.
even right now doge could hardly contain the current trend and losing majority of its value. Eventually it gonna go as far as sub 0.01 since it has already losing its fame slowly.

 i am not a doge coin lover. but there is something i know about dogecoin. doge has well established as a meme coin. acctually speaking it is more than a meme coin now. it was lifted up by world famos people and influencers.  i think doge has a big community such as xrp army . some coins come to market then pumping like crazy. then dumping the same and forgtton by people and traders. but doge isnot so. for example look you are still talking about doge. most of crypto related people has  memories with dogecoin. i entered to cryptocurrency sector 2018 and since then i am using dogecoin for some reasons and will be. $0.01 is not possible sir. we cannot say exactly that wont happen because nothing is impossible in crypto . but most probably doge will not go  back to $0.01.

Got that right. The reason for that price boost as you mentioned was because of Elon Musk and we can see that after that initial influence on the Dogecoin price, subsequent tweets from Elon didn't really have any more effect on the price and I don't think Elon Musk can have that price effect again and generally, I don't see Dogecoins price hitting that previous ATH let alone crossing it for a long time even after the bear market.

Before the terra scandal happened, Elon musk is already silent. I don't know why but maybe because he is done with the coin. The bear and scandal then came and the latest one is Elon being sued for hyping the meme coin. This worsens the situation for doge and this makes Elon became silent even more because he is also scared about his security.

I know he is rich but there might be other rich personalities out there that are willing to take him down if he kept on doing the same act. It's not the coin that change hands but it was the people. They realized the coin that they support the most are now dead and can't recover anymore so they will start looking for alternatives.

Once bitcoin dumped to the 10k and it may happen. So, as long as bitcoin is not yet dumping so hart and that will be fine for doge coin. The price movement is tied with bitcoin. This time everything is following what bitcoin does. There's no doubt if bitcoin can make the doge coin to go back again to the 1 cent sub again. nothing impossible. It can make doge coin going down from above 10 cents to the only around 3 - 4 cents today

Dogecoin's price will stay afloat as long as Elon Musk is holding and supporting it. The moment Elon Musk abandons Dogecoin for the next big thing will be such when market prices will go all the way down the drain. I've always loved DOGE not because it's cheap, but because of the friendly and vibrant community behind it. No matter how much DOGE will be worth in the future, it simply won't disappear because of strong community backing. The thing about NFTs on Dogecoin is new to me, but could be quite revolutionary (especially when TX fees are dirt cheap). Who knows if the next bull market will pump DOGE's price all the way up to $0.50 and above? Just my thoughts ;D

As long as Elon continues to support Doge, it will be very difficult for Doge to get back $0.01. There is no doubt that Elon Musk will not let his investments disappear so easily, he will take action to protect them.



The meme trend never ends, I assure you of it, we are in a bear market and all coins are down including top coins. I am also not a fan of memecoins, but it is clear that they play a crucial role in attracting investors into the world of cryptocurrency.

It is not about dreaming it is about the possibility in cryptocurrency space. We have seeing people investment been wiped out before especially 2018 and 2015. Doge is a mene token and people hold it because of it speculative value and not assets value and at that it is fear and Greed that determines it price. It can get below $0.01 and also be above $1 at any time depend on who has upper hand between the fear and Greed.

I really doubt that "meme trends never ends". People interest has already switched from meme alts to NFT, then on metaverse mania and now everyone are crazy from move to earn projects. Question yourself, when the last time you have seen people advertising meme alts with silly name as "animal name" + "inu/shibu/elon/musk/coin" affix ? When the last time you have seen on coinmarketcap such altcoins in daily gainers ?

I don't know if DOGE prices will go up or down in the future, but I've definitely seen a lot of volatility with prices lately. DOGE's next high could be much lower than its current price of $0.068.

If you look at Elon Musk's dream to make Doge an interplanetary cryptocurrency to support the interplanetary commerce mission. DOGE-1 will be a very important event for DOGE.

Anything can happen with Dogecoin. I would imagine that ATH $0.74 will be crossed and is still a likely scenario at some point in the future, but who knows what will happen if there is another sharp spike in price.

Since it's didn't have any real use case so we only expect some short run like before when musk and other public figure tweeting it.

There's no guarantee with the elon's tweet will be making another noise for the doge coin again. People got hyped caused by GME traders were also moving to the doge coin but since those people aware if that was just pump and dump, im sure that the big pump will not happen again.

So many lessons have been learned by bunch of people who have been loosing a lot caused by they were buying doge coin at the peak price.

Honestly, I hoped the price of Dogecoin was below $0.01 then bought more of this meme to save, but today it increased to the range of $0.07 my hopes are dashed because Anyway Dogecoin is also supported by several large company including business entrepreneurs Elon. I believe Dogecoin will be above $0.1 up to $0.2 when Bitcoin starts hitting new ATH later, maybe it could strengthen even more

As long as there's a billionaire backing it up, it's possible. He had been mixed up in the Johnny Depp case and yet that doesn't impact the value of Dogecoin.
But that's the scary part there. If this billionaire guy decided it's time to give it up.
I wish not although I am not a supporter or an investor of the said coin because I know a lot of small investors will be harmed by that incident.
Let's see once Bitcoin gets a pump, maybe it will ride the wave.
Wait, $0.01 or $0.1?

Billionaires who are backing it up will also use Doge for their own benefit. They could manipulate it and might use big personalities again to the hype and attract more investors. Doge has been manipulated since Elon started it. I guess it could reach that value because there are still a huge number of investors that support it.

I am not positive nor bullish about Dogecoin, I have always have this skepticism toward Dogecoin, even at the time of their massive price surge I still consider them not a solid coin, I know many would think other wise and with it market record it may seem like I am the one that’s wrong, but checking the foundation Dogecoin rose from you would see it was under an influence with was from Elon musk, and any coin that rose from an influence can still go down by that same Influence, so I still consider the coin risky to hold for long term.

It is undeniable that the Doge coin market is very able to withstand the heavy downturn. Although now the price is getting cheaper again, it is difficult to predict that the people behind the Doge coin are people who are able to pump in a short time. It is evident every time Doge coin rallies we are like missing the train. expect $0.01 is still possible and we can more freely buy in bulk. The price at the time I typed $0.07 was following the Bitcoin rise. This is a big reference that the Doge coin market can still be taken into account by traders.

Yeah, it can and probably will. Won't happen right away, maybe next year which I think will be the real bear market.

No point worrying too much about it now, if it drops under $0.005 (half a cent) I might consider loading up some. Just remember there is a lot of Doge out there and a lot more being mined everyday.

With each subsequent year, new users will come to the cryptocurrency market and this process is not reversible. And these newcomers will understand little about the market, but they will be united only by the fact that they have previously heard how coins like Doge helped earn millions without making any effort. So they will be the next Dogecoin investors.

DOGE has a lot of great things going for it:

- 1 min confirmation times
- very low fees
- great distribution
- great community
- Elon is a backer
- can be tipped on Twitter and Reddit
- you can even make NFTs on it for dirt cheap, which nobody knows about, but its true

If the bear market has truly bottomed then I believe $1 per coin is a certainty in the next couple of years.

But what do I know, I've only been here since 2014.

We are in a bad market and you are expecting ads from new projects. This is clearly not a good time to release new tokens, even older projects are having a lot of trouble.
Look at Doge, how long has it been on the market? and did you see it die? both Doge and Shiba are 2 of the top 15 coins on coingecko and it is standing above potential coins like avax, matic, even outpacing the silver coin of the market which is LTC.
I agree that the meme is not  utility, but it is part of the market, and it won't disappear anytime soon.

We all know that the Doge coin can easily be manipulated by huge personalities and big-time investors. Just like what Elon Musk did before, it can strike a good price again once he creates manipulative statements to attract investors and supporters. Doge has billionaire investors and lots of holders still trust it so I guess if the market goes back to normal, its price might increase.

The point is if inflation was making it become even lower, i meant miners are always mining doge coin to be dumped to the market. The potential of doge coin to recover again is very small. I know that this backed by elon but we can't ignore if inflation has become one of main problem. Without the help from the billionaire pump and this coin may be so difficult to increase again.

although I do not hold doge for the long term. but I often trade it for my daily trading. and when you look at doge fundamentals. so I feel optimistic that when the bullrun market appears, doge will be a coin that is experiencing a rapid increase. because we know who is behind this doge. so it will be very easy for the doge to climb back up. but if this bear market continues then its decline should also be watched out for.

According to the letter https://www.sec.gov/Archives/edgar/data/1418091/000110465922078413/tm2220599d1_ex99-p.htm published yesterday, Elon Musk refuses to buy Twitter. And if his account is blocked on Twitter, as a response, then he will not be able to continue tweeting about Dogecoin, and in this case the price of the coin may drop significantly. How do you like this scenario for the further development of events around Doge?

The failure of Elon Musk to buy Twitter and if he violates the terms of the contract of sale, Elon Musk can be sued and compensated if he is the party at fault. Twitter can lock his account and no one can stop them from doing that but that action will cause twitter to lose credibility with users just because of personal disputes that lock user accounts for no reason. I don't think they will do that.

If Elon still supports doge and uses doge as a payment method for his companies, an ATH of $1 is possible with doge. Doge could still go back to $0.01 but as long as Elon backs it up, it won't be forgotten and die prematurely. once doge dies memecoin will not be able to survive in crypto. I don't think it's possible.

Given the fact that Twitter's share price has decreased by 2 times over the past year, in any case, it will be easier for Elon Musk to pay a $1 billion penalty than to buy Twitter for $44 billion. Although it will be difficult for the Twitter management to prove a violation of the terms of the contract, since it has already been proven that there are more than 5% bots on Twitter.

If you are a company who is struggling with growing your user base and increasing the quality of the service that you provide to them, then you are better off not blocking and censoring users without a valid reason. Of course, the removal of Musk's Twitter account means there are going to be a bunch of other people who will now want to speak out their thoughts, and as we all know, the world has an appetite for such things, and this is going to keep the internet buzzing. It could be the start of a very ugly battle that is going to bring hatred to many involved parties, including twitter, over a few stupid posts.

I do not think that anyone wants that, and neither does Twitter.

I don’t think so.
Doge won’t climb up now, not anymore in this bear market.
Mr Musk have used Doge for his own benefits and left it crippled.
Now if anyone buys Doge, then be ready to face huge downfall.
Doge will not grow, until and unless someone again promotes it.
Still at the end, it depends on the user whether to buy the coin or not.

 ::) This is an extremely optimistic hope. DOGE can grow up to 1 dollar if Musk continues to PR them as hard, though I must admit that the effect of his PR is not the same as before, because many people began to consider Musk a speculator and manipulator. Even if the price reaches this level, it will only be as a final pump before a prolonged fall. Because this coin has nothing behind it except speculation and Musk's support, it's a meme coin, no wonder. And something tells me that after DOGE reaches $1, token price will lose 99% of its value again.

I mean that price could be crossed, but at the same time I am not 100% sure if it would be easy to do it neither. Just because something is "possible" doesn't mean that it will happen. I agree that price of doge going up is possible, but it is not easy to do. Which is why I believe that we should be focusing on making money some other way from some other coin.

Let's be honest with each other, this was a joke coin that was created for just joke reasons and didn't mean anything to anyone. Elon came in, tweeted about it a bit, and now it worths something out of nowhere. This shouldn't be a reason for any crypto to worth anything at all.

Its really not a whole lot different of a scenario than BTC reaching $100k, which I believe is also likely in the next couple of years. To say the coin has "nothing behind it" just reveals a high level of ignorance. DOGE possesses a winning combination of fast blocktimes + cheap transactions. Also, DOGE has never "lost 99% of its value," not even the most creative math in the world could make that statement correct.

Dogecoin still stays at 0.06$ and this proves nothing can tell if DOGE will drop down to  that low again (sadly this was the price in the past years that i missed to bought many)

https://coinmarketcap.com/currencies/dogecoin/


but if this come to 0.01$ again then trust me , I will buy every coins that is in my hand(aside from my Bitcoin)

and also depend on How will Elon Musk react for this Meme coin as we knew he is the one responsible for the recent increase of this coin.

is Elon really uses Dogecon in his company's transactions of payments?  or he is just manipulating the coin whenever he wanted.

I've been reading through some news today, some lawyers claim that Elon is at a disadvantage with the reasons he gave to turn down the deal. But according to the conspiracy theory, I think this is just a ploy by Elon, if the lawsuit happens surely twitter's stock will continue to fall and then he will agree to buy twitter again for $44 billion cheaper than with a pre-determined price. That's just my thoughts.

I think it will eventually retrace all the way back.  The hard part of usd pricing alts is its alldepemdent on bitcoin and what bitcoin/usd is.  If bitcoin spikes to 100k then maybe not but if bitcoin retraces to 10k its a likely fall for doge as well.  Ultimately with the 10k per doge being minted per minute I think price is just unsustainable.

When I read another justification of another shitcoin with the argument fast blocktimes + cheap transactions, or something like that, I'm perplexed and say: what, these mantras again, how much you can repeat these memorized phrases?

If fast blocktimes + cheap transactions had a meaning in crypto world, then rather slow bitcoin and very expensive ETH would never be so popular as they are now, they would be replaced by all sorts of DOGE and a million more such useless coins, offering cheap transactions and fast block time. Such useful features as cheap transactions didn't help the ambitious EOS project, DigiByte, Bitcoin SV, Nano, and a hundred more like it in its time.

Nano has a block creation time of 0.14 seconds and almost zero transaction cost. How much did that help this coin? What makes it different from DOGE is that DOGE has a media patron that pump this coin as much as it isn't worth it. It's a common litecoin fork, created in a playful way, no need to try to instill some technological qualities in meme-coin that will justify its growth in the future. This is an ordinary shitcoin, which has the mediocre qualities you listed, which many other projects have, and offering even better conditions for fast blocktimes + cheap transactions than DOGE.


Not yet, but the price was already down to a 93% loss in value. Not much left, if bitcoin goes deeper, then DOGE could reach that mark, maybe even below 1 cent.

Under that price looks to be not so possible. I mean technically speaking it is of course possible, it could be 0.000001 too, if we speak "technically". But, if you ask me it will probably not happen and we are not going to see it go down that much. I personally believe that the more possible outcome would be getting it done above 0.03 for the remainder of our life time.

It's already as low as it gets with the bottom market, and maybe it could have a bit more fall right now, but that's about it. After that we are going to end up with something much more serious and high when the bull market comes. That seems like a more reasonable approach to be fair.

You've said it yourself. The only way DOGE will go back to sub $0.01 prices is if Bitcoin goes through a heavy downfall in price. Other than that, I don't see this becoming a reality anytime soon. If DOGE falls too low in price, it's likely Elon Musk will abandon it for the next big thing in crypto. After that, DOGE will have a hard time reaching a new All-time-high by its own. The "meme" cryptocurrency may be good for micropayments and gambling, but it's terrible as a store of value. The circulating supply of DOGE is huge, compared to top players in the market.

With a high inflation rate, we can never expect to see DOGE become extremely valuable in the future. At least, the cryptocurrency will survive thanks to its decentralized and censorship-resistant design. Who knows if it gets to live alongside Bitcoin and Ethereum for generations? Just my opinion :)