Can Dogecoin reach 1$ soon?

[Ever-young]

It was in few months back I had the believe that Doge coin will be wort 1$ before now. But from the massive fall I don't think it will hit 0.5$ anytime soon talk more of 1$. Just my taught !

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[DU18]

It was in few months back I had the believe that Doge coin will be wort 1$ before now. But from the massive fall I don't think it will hit 0.5$ anytime soon talk more of 1$. Just my taught !

just like you, I personally don't believe that the price of Dogecoin will be able to reach $ 1 today, when the Elon Musk hype was still very influential some time ago on Dogecoin, many people predicted the price of Dogecoin would be able to penetrate $ 1, but in fact at that time the price of Doge was very low and it's hard to reach the price of $1, especially now that many people are fed up with the speculations made by Elon Musk, so I think the effect of Elon Musk's tweet on Dogecoin no longer has a big influence on the price of Dogecoin in the market, especially a few days ago one of the creators of DOGE , Jackson Palmer, criticized cryptocurrencies in particular Dogecoin for being perceived as merely a hyper-capitalistic technology built to amplify the wealth of its proponents through a combination of tax evasion, minimal regulatory oversight, and artificially imposed scarcity, and as a result of which many investors lost their faith in dogecoin.

[btc-facebook]

it couldn’t stay long on that milestone cause already people start disbelieving it and now standing at $0.22. So right now $1 will be very long journey for doge

Long journey? Nothing is difficult for Dogecoin when Elon Musk still supports it, because what made Dogecoin run to this day is Elon Musk, so as long as Elon Musk is around, nothing is impossible for Dogecoin, and look at the fact again that Dogecoin has been accepted on many major platforms like Coinbase Merchant.
And if we look at today's bullish market conditions, then Dogecoin's journey to $1 is very close and it's possible that Dogecoin's price will touch $2 or $3 when the bull market reaches its peak.

[efreeti]

it couldn’t stay long on that milestone cause already people start disbelieving it and now standing at $0.22. So right now $1 will be very long journey for doge

Long journey? Nothing is difficult for Dogecoin when Elon Musk still supports it, because what made Dogecoin run to this day is Elon Musk, so as long as Elon Musk is around, nothing is impossible for Dogecoin, and look at the fact again that Dogecoin has been accepted on many major platforms like Coinbase Merchant.
And if we look at today's bullish market conditions, then Dogecoin's journey to $1 is very close and it's possible that Dogecoin's price will touch $2 or $3 when the bull market reaches its peak.

Hm, doesn't that go a bit too far? It is not like Dogecoin came from nothing. Dogecoin surprised the cryptocurrency community for many years now as for some reason it was able to compete with the top coins for quite a while and nobody really understood why. Now that Musk showed up, Dogecoin got even more momentum of course. That doesn't mean it is going to take over the world. Musk's influence is limited, not least by the rational mind of the average cryptocurrency advocate!

[conected]

it couldn’t stay long on that milestone cause already people start disbelieving it and now standing at $0.22. So right now $1 will be very long journey for doge

Long journey? Nothing is difficult for Dogecoin when Elon Musk still supports it, because what made Dogecoin run to this day is Elon Musk, so as long as Elon Musk is around, nothing is impossible for Dogecoin, and look at the fact again that Dogecoin has been accepted on many major platforms like Coinbase Merchant.
And if we look at today's bullish market conditions, then Dogecoin's journey to $1 is very close and it's possible that Dogecoin's price will touch $2 or $3 when the bull market reaches its peak.

- But there are quite a few questions raised with unified ideas as to whether Elon Musk will do anything to change his impression, a Tweet with some other arrogance or a new strategy and let's ask ourselves, what are we motivated to pursue this tweet further, current loss has not yet been dismantled, once again failure, that will combine into greater pain. We also don't know when he will post a more viable tweet about dogecoin, just think so, this journey can't measure how long or short, be more alert at this opportunity

[terrorJR]

Under normal circumstances, I would say no. However, what is $ 1?
This is just x5 of the current price, that is, the next bull run will be enough where everything will grow by about x5, including the dog.

grow x5? let's not forget that at that time this meme coin was pumping really crazy, and I think getting to that point again would be very difficult if the pump didn't exist and the billionaires stopped talking about this coin that's for sure this coin will be finished.
  then why are you so sure of this meme coin? Are you sure that Elon will return to his tweets because of his love for this coin? you are too naive my friend, even though Elon pumps this coin it doesn't mean he likes this coin, this is only for his personal interest, and when his interests are finished, it will happen like now a deep dump

[Erdogan]

Under normal circumstances, I would say no. However, what is $ 1?
This is just x5 of the current price, that is, the next bull run will be enough where everything will grow by about x5, including the dog.

I also think that $1 is achievable, but as long as a new bull run comes and Elon Musk continues to promote it.
Dogecoin has a very large total supply and $1 it is really high price. However, if this bull run continues for the next few weeks, I'm sure that with the help of a few tweets from Eon Musk, that price will be easily reached.

[Tumanggor]

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I still don't see the potential of dogecoin fly to $1
Elon Musk has tried to make Dogecoin hype again but it doesn't seem to be working anymore

For those whose capital has returned, you should just sell your Dogecoin before the price drops
I'm not sure about the future of meme coins

[Handpari]

I think it will not happen ever because Doge has like the most coins ever in existence. It's like 130 billion. And more coins get minted all the time. It takes a ton of money to move the price. Where bitcoin only has 19 million coins so it can go on a 10 day run and no one bats an eye. It's about market cap my dude. I dont invest in anything over 10 billion coins except vet and ada.

[finaleshot2016]

~

I still don't see the potential of dogecoin fly to $1
Elon Musk has tried to make Dogecoin hype again but it doesn't seem to be working anymore

For those whose capital has returned, you should just sell your Dogecoin before the price drops
I'm not sure about the future of meme coins

I've already seen the potential of dogecoin reaching $1.00, but fuds have been created, and Elon Musk is also to blame for the bear market, which is caused by an energy consumption fud. It just needs a lot of pumping, but Dogecoin will still come back and give us a profit soon if we hold it; it's no longer a meme coin because it will have its own usecase. Furthermore, dogecoin is now being used by many merchants, and they accept dogecoin as payment, so the possibility of doge pumping will persist. Huge market activity takes time, and dogecoin has already seen a significant increase in price between January 2021 and April 2021. SpaceX will use Dogecoin on their project and the network will be upgraded, the devs said so idk why we don't see the potential of it to reach 1$.

https://www.thestreet.com/crypto/news/major-dogecoin-upgrades-bring-lower-fees-and-fewer-bugs

[carlisle1]

one day the price of DOGE will definitely reach $ 1 but will not happen in the next few months. I think the price of DOGE will reach $1 in the next few years because it takes more investors to pump DOGE prices up to be more expensive.

The market is moving and the cycle continue, once strong bull take place expect that this coin will also gained decent increase.

It's up to all believers and holders who can patiently wait, and those who are capable of taking the risk knowing that this coin is very prone from manipulations, you've got to have that decent amount of spare money to keep your faith for another great bounce back.

Buy then hold and keep away from looking if you really aimed to enjoy once the market pumped this coin.

[TastyChillySauce00]

I think it will not happen ever because Doge has like the most coins ever in existence. It's like 130 billion. And more coins get minted all the time. It takes a ton of money to move the price. Where bitcoin only has 19 million coins so it can go on a 10 day run and no one bats an eye. It's about market cap my dude. I dont invest in anything over 10 billion coins except vet and ada.

yes thats always my concern about how much circulating supply of doge in the market and most of coins is too concentrated in big whales wallet.
if only the supply of doge is only half of it maybe the price can be realized but seeing that there is no burn of coins and the supply is too much i can hardly see it could reach that but of course there is something like elon musk that can change the condition.

[MoneyJ]

On my personal note, this will be achieved but it will take time. Dogecoins have a strong support from Elon Musk which will be the driving force for it to innovate more . Who knows what Mr. Musk has on his sleeve and aggressively acquiring massive volumes of this once known shitcoin.

[Tahid12]

I don't think so! Once upon a time doge is valuable and able to make itself more demaning among user! nowadays continuously making its holders hopeless! Cause it isn’t going hat high what it should go, according to fundamental and technical instructions! thats why people avoiding doge coin. Even so many people on this forum already predicting that, doge could go down at 0.1 dollar even below

[cunguks]

one day the price of DOGE will definitely reach $ 1 but will not happen in the next few months. I think the price of DOGE will reach $1 in the next few years because it takes more investors to pump DOGE prices up to be more expensive.

I do not think that this will happen with such a capitalization, a lot of funds are needed in order to achieve this goal, I am sure that investors will choose more stable assets for investment.

for now, it will be difficult to achieve.
but for the long term and into the future, if Elon and other influencers are still creating hype in the dogecoin market, there's a good chance $1 could be hit. the problem may lie in the large supply and circulation of coins. but isn't ETH also like that at the beginning. and ETH earned the trust of their growing market community. I think ETH can get it in the future.

[awik p]

seeing the development of doge where it seemed that there was an increase that didn't last long, and as if this was like Elon Musk's game, after leaving bitcoin he switched to a relatively low-priced doge, until there was a massive pump, on the other hand he preached about this trend so that it made people believe to buy it, and of course not many people think there will be a fantastic increase, and finally a dump occurs, although many people make people rich, but doge also makes a lot of people miserable and suffering. and at the moment I think it will be difficult for doge to go up to the price of $1

[maartenhaha]

If social media influencers keep manipulating that coin in regular intervals while the bull market still exists then for sure the price can reach $1 in near future, but with no manipulation its a value like bitcoin reach 1 million per unit for doge to reach 1 dollar.

The only news that is most awaited to increase the price of doge with the announcement that Tesla absolutely accepts doge coin payments equal to the price of cars in USD, if the news does not come true then one day doge coins will no longer win the trust of investors and traders.

[decodx]

one day the price of DOGE will definitely reach $ 1 but ...

Why do you think that? Do you know how many Dogecoin are in circulation and what the max supply is?

DOGE is heavily overpriced right now, and it's only a matter of time before it sinks back into nothing.