Dogecoin prices are INSANE

[Febo]

Doge will definitely try to make a flippering.  Its price only need to increase 5 more times and value of Bitcoin halve and we are at the flippering. Doge is widely accessible. Peopel can buy it on many ATMs and on many exchanges.  First $1 Doge, then flippering, then $10 Doge.

[7788bitcoin]

The increase in DOGE coins is indeed very large for a meme coin, but seeing that an altcoin that was only used as a joke can have a very high value,

It was created as a meme coin and there is no hiding about it unlike other thousands of coins that are in the market which are created just to make money for the developers and we know how much these coins have rallied and even though i never expected a bull run like this in Doge, i know it is a much better coin in terms of transaction speed than any other coin in the market and i used to use them to gamble, but after the rally i am not gambling like i used to because the risk of loosing is much higher and i am not having fun like i used to because of the increased valuation.

[mrongos]

Dogecoin, the cryptocurrency that was meant to be a joke has finally crossed the $0.10 mark. It came to an ATH of $0.25 per coin a while ago. It seems that the hype is still surrounding the cryptocurrency, as Elon Musk continues to "shill" it across social media platforms. Who'd knew that a hyper-inflated cryptocurrency would be worth so much money? People are blindly investing into something that's meant to be worthless in the long run. Instead of doing their own research about the coin, they simply invest based on hype. Who knows how far the "meme" cryptocurrency will pump in this wild and crazy world of crypto?

Do you think Dogecoin's current prices are insane? If not, why? Will Dogecoin last after the hype fades away? Is it a good time to buy more DOGE? Or should you wait until the dust settles? Your input will be greatly appreciated. Thanks in advance.

I think this is a really bad time for you to buy Dogecoin. But it all depends on your analysis and your confidence in seeing market developments. The current price of Dogecoin is an insane price. because there are many investors who invest large capital there for the long term. This is what causes the price of Dogecoin to be very high.

[tarable]

The increase in DOGE coins is indeed very large for a meme coin, but seeing that an altcoin that was only used as a joke can have a very high value,

which can be interpreted as cryptocurrency even though it is just a joke coin if it has a strong community it will definitely be could raise an altcoin

that has a low selling value.

Yes, Dogecoin does have a community, but make no mistake that everything that has happened to Dogecoin now is not only influenced by the community but also influenced by Elon Musk because he has been trusted by many dicrypto people who like Dogecoin.

[CrossroadBTC]

Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin

[MinoRaiola]

For months, Musk has been pushing the Dogecoin course with tweets. The Tesla boss is obviously well aware of his role - he advertised his appearance at SNL on Twitter as "The Dogefather", alluding to the legendary Mafia film "The Godfather". For years, hardly anyone outside of the crypto scene knew the digital currency. It has now reached a market capitalization of around 80 billion dollars, which is almost the stock market value of the largest US automaker General Motors. I think some will be disappointed when dodge drops. It is remarkable how it has developed, but the hype is what makes doge valuable.

[blue_nexus15]

Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin

The reason is that life needs fun and entertainment.  It is fully satisfied by Doge.  Satisfy your needs in all spaces and circumstances.  Doge will soon surpass $ 1, the entertainment demand for the Covid-19 era is enormous, plus a huge worldwide community will join hands.  Elon's goal is to put Doge upright, and I think he will show his strength.  He is a person who respects the community.  Why Doge will keep going, Doge is supported with approximately 2000 ATH stations across more than 45 states in the US.  Cash flow in America is huge and they love Doge!

[aemma]

Most times I don't think insane prices can be removed or can be far from hype, that is, in other words hype gives rise to insane prices of cryptocurrencies; both goes hand in hand and also, the insane prices witnessed on a particular crypto is dependent on how big and massive the hype is.
It is true that looking at Dogecoin, it all started as a joke, no one saw anything good in it other than to have fun, but today it is sitting comfortably on the third position after flipping a lot of good and trusted coins, and even challenging Binance Coin as it seems, all these doesn't look sane but who cares, many people are just after the money.
Also, asking when Dogecoin hype will fade, I don't think anyone can answer that question correctly because the more it looks as if it's fading, the more it keeps pushing higher, at this juncture, it's either you overlook it and focus on other coins or you just take the risk with whatever you can afford to lose and buy. But in my opinion, as Doge has reached this height, falling badly might be far from it, and if any platform or organisation whatsoever tries to adopt it for whatsoever reason (none that I know of currently), then that will show another around of long term growth.

[serjent05]

Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin

Since Dogecoin is in the crypto space I have never thought of it as a dirt coin even though at that time the price was very super cheap, because Dogecoin is a clear token and always has a value even though it is small, in contrast to a dung coin which one day may die and will have no value again.

Yes Dogecoin is a clear pump and dump coins.  Let's just wait how many latecomers will be burn when the addresses that hold the majority of the coins decided to cash out.  Doge price is really insane, I don't hate Doge but aside from the hype of Elon Musk, I don't see any reason for the price to surge like this one.  But well this is crypto and everything is almost possible.  I even see an abandoned shitcoin being pumped hard.

[Abiky]

Doge will definitely try to make a flippering.  Its price only need to increase 5 more times and value of Bitcoin halve and we are at the flippering. Doge is widely accessible. Peopel can buy it on many ATMs and on many exchanges.  First $1 Doge, then flippering, then $10 Doge.

I don't think DOGE will make a "flippening" anytime soon. Both Bitcoin and Ethereum are strong players on the market with a greater user base than Dogecoin itself. Besides, DOGE is highly inflationary. Ethereum is also an inflationary coin, but the rate of new coins produced is much more limited than Dogecoin itself. Based on the economics of crypto, we could say Dogecoin's prices are completely INSANE. Only a fool will invest into the "meme" cryptocurrency when prices are soaring towards new heights. It's best to "wait it out" until the hype fades away into oblivion.

Nonetheless, anything could happen in the strange and bizarre world of crypto. Whenever you see the opportunity to make profit, don't hold back. Otherwise, you'll end up losing all of your hard-earned money in an instant. The recent DOGE pump is good for early adopters like myself. For newcomers into crypto, that's another story. Whenever DOGE is overpriced or not, that's up to you to decide. As long as you play your cards right, you'll have nothing to worry about. Just my thoughts

[coco23]

Doge will definitely try to make a flippering.  Its price only need to increase 5 more times and value of Bitcoin halve and we are at the flippering. Doge is widely accessible. Peopel can buy it on many ATMs and on many exchanges.  First $1 Doge, then flippering, then $10 Doge.

One can dream, right? 
I think the chances are higher that we see a $0.01 Doge again 

[Cappex]

Dogecoin, the cryptocurrency that was meant to be a joke has finally crossed the $0.10 mark. It came to an ATH of $0.25 per coin a while ago. It seems that the hype is still surrounding the cryptocurrency, as Elon Musk continues to "shill" it across social media platforms. Who'd knew that a hyper-inflated cryptocurrency would be worth so much money? People are blindly investing into something that's meant to be worthless in the long run. Instead of doing their own research about the coin, they simply invest based on hype. Who knows how far the "meme" cryptocurrency will pump in this wild and crazy world of crypto?

Do you think Dogecoin's current prices are insane? If not, why? Will Dogecoin last after the hype fades away? Is it a good time to buy more DOGE? Or should you wait until the dust settles? Your input will be greatly appreciated. Thanks in advance.

All your questions are answered by understanding what Dogecoin is. Surely the only way to get such a capitalization was with the help of a character with that enormous influence.
The speculative aspect is more a bet on the doge even if Musk continues to foment this Hype, with the rocket to be sent to the moon with the developers (which developers?) Who will have to reduce the energy impact.
Doge is a joke and maybe even Musk takes us all for a ride.

[Abiky]

One can dream, right? 
I think the chances are higher that we see a $0.01 Doge again 

With the "bloodbath" surrounding the crypto market these days, we're much closer to $0.01 per DOGE than we've previously imagined. The "meme" coin now sits at 32 cents and could go even lower as the hype fades away into oblivion. Newcomers into crypto will be regretting themselves big time, once they lose a lot of money in the process. I've always said that Dogecoin is extremely overpriced because of its current economic model. Hyperinflation will ultimately prevent Dogecoin from reaching higher prices in the future. Unless developers address this issue, I don't see Dogecoin going anywhere.

Nonetheless, time will tell us how far Dogecoin will go in terms of price and mainstream adoption. It could hit $1 in the short term if the hype continues. There are far better coins out there on the market which are well-suited as a long-term investment. We cannot expect much of a cryptocurrency that was initially created as a "joke". Whenever current prices are insane or not, that's up to the investor to decide. Just my opinion

[Yamifoud]

Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin

Since Dogecoin is in the crypto space I have never thought of it as a dirt coin even though at that time the price was very super cheap, because Dogecoin is a clear token and always has a value even though it is small, in contrast to a dung coin which one day may die and will have no value again.

Yes Dogecoin is a clear pump and dump coins.  Let's just wait how many latecomers will be burn when the addresses that hold the majority of the coins decided to cash out.  Doge price is really insane, I don't hate Doge but aside from the hype of Elon Musk, I don't see any reason for the price to surge like this one.  But well this is crypto and everything is almost possible.  I even see an abandoned shitcoin being pumped hard.

Once Elon Musk is done, then it has to say the Doge's hypes it over. Unless if someone, another rich and influential person took place over Elon. But seems to be no other person could do this and I believe that the majority are just ignoring Doge because even newcomers know also about Dogecoin's market performance.
Doge price now at $0.4 (https://www.coindesk.com/price/dogecoin), this is pretty insane to think but because of Elon Musk, the price is very easy for him to manipulate.