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Author Topic: Can Dogecoin reach 1$ soon?  (Read 13716 times)
Willitivity
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March 30, 2021, 09:22:33 PM
 #281

AFAIK dogecoin wasn't this popular until Elon Musk started his bullish tweets about it or should I say his fun tweet about it,infact dogecoin price was stuck at 28stas for a very long time that one time I used it as a stable coin Cheesy, so if these high profile personnels stop supporting dogecoin, I don't think it's ever going to cross even 10cents, because you said it already it doesn't have any utility, it's just a meme coin to Elon Musk, also the supply is just too much, it would be hard even with help it has now.
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Om.monata
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March 30, 2021, 10:43:57 PM
 #282

actually all coins have the potential, as long as they can have a good development. as an example doge, look at when elon musk was there for a while the doge's rise was very significant. it is only a matter of how a token has progress and when the time of the increase cannot be predicted.
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March 31, 2021, 12:28:59 AM
 #283

dogecoin could soon be $ 1. However, external factors such as Elon Musk have a huge impact on this, not its own project quality.
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March 31, 2021, 02:35:50 AM
 #284

A lot of users had different ways of utilizing doge coins and that was the beauty of the coin because it never had too much value in past so one can easily take risks with big amounts of doge coins without actually losing too much in the experiment.
Doge coin was the only one in past which could be sent and received without much of fees been paid but now in the current market there are so many coins like TRX and XRP which can be sent at ever smaller fees and confirms even faster than dogecoin.

I appreciate the existence of dogecoins but I am not a big fan of what is happening in the doge market right now, shilling without reasoning. Still, I may buy more doges if it comes down below 90 satoshi for the target of 300 satoshi in next 4 years. I speculate about 1000 satoshi per one doge in long term; let's wait and watch.

It's true that now Dogecoin isn't the only one with cheap and fast transaction fees. Even now there are many coins that have cheaper and
faster transaction fees than Dogecoin. On the one hand, this is a good thing to make investors and traders have a large selection of coins
that have cheap and fast transaction fees. But on the other hand makes Dogecoin less desirable, if the current high demand for Dogecoin is
not because Dogecoin is better than other coins. However, because of the influence of Elon Musk, who made tweets about Dogecoin and made
his followers panic buying. I am not the same as you, because I still buy coins, even though the coins are often pumped for no apparent reason.
Because for me, as long as the coins can provide profit, why don't we take this opportunity.

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March 31, 2021, 10:59:59 AM
 #285

Of course the price of Dogecoin would go down even further if there were no more support from the likes of Elon Musk and the support of other popular people. I think the soaring price of Dogecoin was due to the big investment made by Elon Musk.

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March 31, 2021, 11:46:19 AM
 #286

The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ on its own?

Well, like what I've said, this is just a meme coin, no utility, no usage but what do you think will be the realistic value of Dogecoin for the upcoming years?

Personally, I don't think Dogecoin can make much progress and I don't think Doge can reach $ 1 any time soon. As you said, the price jumps were caused by tweets and interest of celebrities, but the coin has nothing else to offer.

Eventually, the price of the coin could be increased by more consumption, such as the Dallas Mavericks franchise, which accepts Dogecoin for its fan products from the fans.
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March 31, 2021, 12:07:17 PM
 #287

It appears to be the most manipulative coin.
Dogecoin does not represent anything serious itself except for historical interest
Dogecoin has never been manipulative in the past, but for now people with vested interests are making games through Dogecoin, so some people think that Dogecoin is the most manipulative token, which is not the case.
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March 31, 2021, 12:21:28 PM
 #288

dogecoin could soon be $ 1. However, external factors such as Elon Musk have a huge impact on this, not its own project quality.
When will it be soon? because you said the timing is uncertain in this case, so you have to say it exactly so that everyone can know when this Dogecoin will hit the price of $ 1, because predictions on tokens like Dogecoin are very difficult to say for sure.
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March 31, 2021, 12:26:28 PM
 #289

Before entry of Elon mask into Dogecoin it was quite difficult that Dogecoin can show such type of move .But now I think that any other Rumors can push its price to its new all time High.
Yes, Dogecoin can only move when there are outside rumors or influence from certain people in this world, because previously Dogecoin did not experience significant movements as seen earlier this year, even if there were only a few.

As already described, one factor that keeps the Dogecoin price rising is the hype and a figurehead like Elon Musk. However, one factor I haven't read here yet that argues for a further rising price is Dogecoin's high inflation. Currently it is around 5.3%, which is quite high and speaks against larger price increases in the future.
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March 31, 2021, 12:27:07 PM
 #290

As long as there are investors and developers like Elon Musk, chances are the Doge coin price will exceed $ 1, even reaching $ 6 or 10. While the price of Dogecoin is experiencing a big decline, but believe me there will be the best time for Dogecoin to return to its highest price and even exceed the price. previous.

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March 31, 2021, 04:17:27 PM
 #291

dogecoin could soon be $ 1. However, external factors such as Elon Musk have a huge impact on this, not its own project quality.
- If the project has relied on external factors to develop, this project will not have an optimistic future even if it tries to create such a future, there isn't any magic that can continue to show up because it cannot offer any reason to retain the investors who have been by its side in recent years, requires investors to wait and stay with only faith in a random factor, people will refuse and soon withdraw their capital in this project. Dogecoin has had enough satisfaction this year, partially reducing the sublimation, investors will pay more attention to it, continuing to develop in the current direction only destroys its future path.


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imstillthebest
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March 31, 2021, 04:35:46 PM
 #292

As long as there are investors and developers like Elon Musk, chances are the Doge coin price will exceed $ 1, even reaching $ 6 or 10. While the price of Dogecoin is experiencing a big decline, but believe me there will be the best time for Dogecoin to return to its highest price and even exceed the price. previous.
for now doge has good backers but in the future ? this is what the op want to know if what will happen doge without the support of elon and other top personalities .
 1 dollar is possible as long as there are still elon musk and friends but 6 to 10 dollars ? no way mate thats too much for this tiny coin .
 no one takes this coin seriously than elon and if elon leaves doge , doge wont have a chance to reach 1 dollar
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March 31, 2021, 08:40:20 PM
 #293

I think it is possible, but this price will most likely kill the dogecoin and there will be a strong dump.
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March 31, 2021, 11:33:46 PM
 #294

Personally, I don't think Dogecoin can make much progress and I don't think Doge can reach $ 1 any time soon. As you said, the price jumps were caused by tweets and interest of celebrities, but the coin has nothing else to offer.
Actually if we look at the price of Dogecoin today, it is not difficult for Dogecoin to increase its price to $1, you can try to see its potential by using the Fibonacci indicator,
but indeed what is the problem is the fundamentals of dogecoin which are very dependent on elon musk,
Without elon musk Dogecoin wouldn't be what it is now, and to go higher Dogecoin needs big news to be able to boost market sentiment.
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April 01, 2021, 12:32:38 AM
 #295

It wouldn't be happen, trust me.

I think theres a lot of peoples knowing about DOGE is just meme coins and dont have any target in the future.

How is that possible with 120 B supply can reach $1, no no no for me it's delusional.

120 billions supply of DOGEcoin? if this supply will not reduce or there's no burning will be happen I think your 1$ each DOGE will remain in your dream. Grin, therefore, this will not gonna be happen. Unless, if they will burned 99% of their total supply perhaps in that way it will become realistic in my own opinion.

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April 01, 2021, 04:15:02 AM
 #296

Hopefully it will be too soon because Ellen Musk tweeted on Twitter that she will buy doggy.
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April 01, 2021, 04:34:58 AM
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 #297

Yes Dogecoin can now pump even 2$. First i ignored Doge but i fully beleived that dogecoin have strong potential to pump. In these days many small coin pump and their pump is unbelievable.
Elonmsk will do something to enhance people. I think april will be prove a positive sign for doge.
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April 01, 2021, 06:29:49 AM
 #298

Yes Dogecoin can now pump even 2$. First i ignored Doge but i fully beleived that dogecoin have strong potential to pump. In these days many small coin pump and their pump is unbelievable.
Elonmsk will do something to enhance people. I think april will be prove a positive sign for doge.

I do admire the enthusiasm coming this fella thinking that it is really doable for Dogecoin to pump to 2 dollars. It will only happen if several big players in business would support it and not just Elon Musk. But if you only rely on Elon Musk then forget about it. He might have done it because he made a good investment out of it and got a decent profit out of his investment so he will try to profit out of Dogecoin again. If you are a whale then buy a lot of DOGE.

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April 01, 2021, 06:31:15 AM
 #299

As long as there are investors and developers like Elon Musk, chances are the Doge coin price will exceed $ 1, even reaching $ 6 or 10. While the price of Dogecoin is experiencing a big decline, but believe me there will be the best time for Dogecoin to return to its highest price and even exceed the price. previous.
Doge's best time has long gone and that's exactly when elon creating some fuss regarding dogecoin now that people aren't overhyped anymore doge gonna have a hard time. heck let alone reaching $6 even $1 gonna be very difficult unless there's some billionaire high enough to dump billions of money to the market just to buy doge otherwise it wont happen. call me pessimistic but that's just being realistic.

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April 01, 2021, 07:14:54 AM
 #300

Hopefully it will be too soon because Ellen Musk tweeted on Twitter that she will buy doggy.
When was the tweet created? Don't say outdated tweets because everyone already knows about those tweets, but say about new tweets from Elon Musk because usually new ones are more influential than expired tweets.
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