Can Dogecoin reach 1$ soon?

[kramchers]

Well, when I checked the price value of dogecoin now look what I found https://coinmarketcap.com/currencies/dogecoin/ yesterday it was
something 0.3$ almost and now it was more than 0.4$ closed to 0.5$, what is going on to this coins, this is obviously a hype of pump and
dump only. Yeah, it maybe happen to reach that amount of price but still remain an speculation depending on the belief I guess of the individual traders here in crypto space.

[1714886273]

1714886273

[ecnalubma]

It’s possible that this coin will hit that price but imagine if those Billionaires will dump their holdings in the face of small time holders. I hope that Elon is ready for backlash when he continues to messed up with innocent investors, If he’s really serious for Dogecoin he should add it as payment method for his Tesla’s.

[harapan]

With the recent pump in price yes its very much possible for dogecoin to reach $1, dogecoin grew from about top 20 to top 5 cryptocurrency in less than a month, the price was over $0.50 before the dip happened, I'm even considering buying some of it very soon, I know it's a meme coin with no real utility, but it's not that bad to make profits from a meme coin afterall profit is profit, dogecoin certainly will reach $1 someday.

[fosco333]

i believe many among the doge investors will know that there is nothing special about and has no use. musk influence is what is pushing up the price and i believe he will push it to 1$ and beyond. the best thing is to take profit for anyone following it. i see its following a pump and dump pattern.

In my opinion, just having coins as a meme but not having a real use case is not good for Doge. You know, because it's just a pump and dump coin. unless in the future Doge decides to become a coin with a real use case and is adopted as a good payment system, it will be a different story

But i think as long as it is profitable to us, why not to buy Doge ? Did you see many meme tokens created on Binance smart chain ? Safemoon for example.
Either it is real use case coin or meme coin, both of them have value so we can say it is worth to buy and hold them.

[rosebrand]

Like you said already it's a meme coin and it got no utility, no doubt it's just the shilling of Elon Musk and other big crypto guys that is pumping the price of doge to this extent and those investing should hope and pray for this big guys to continue shilling this coin if not in time to come this coin might be dumping while other potential coins might be pumping, for me I think for now those who are investing in Doge should just be watchful and take profit while in profit, I won't really advice anyone to invest in doge coin and hold for long term, for me I see it as a coin to jump in make profit and leave.

[bluebit25]

Many people say that dogecoin was a phenomenon in the overall bull market. I was surprised it received a lot of love from Elon Musk and since then people have pumped the price has increased so many times, and if it is going to surpass $ 1 I would not be too surprised.

[so98nn]

It was so pleasuring to read through all these positive comments up here. I don't know but DOGE has started to get into the minds of every other person out of 3-5 people. I mean obviously this is not calculated ratio but to understand what we are going through, this is what it looks like guys. Just now I commented on the other thread regrading doge, and I surely believe that reaching $1 is not big thing for it.

Though many of them think it's just a meme coin then also it has value because of rich supports. It's fine if they don't have utility value, but they have supporters now who think that it's easy to invest (cheap) coin and can do easy day trading on the same. 

So until the time this craze is out there, one can earn big out of it and will drive it slowly above 1 buck for sure. 

[triat]

It was so pleasuring to read through all these positive comments up here. I don't know but DOGE has started to get into the minds of every other person out of 3-5 people. I mean obviously this is not calculated ratio but to understand what we are going through, this is what it looks like guys. Just now I commented on the other thread regrading doge, and I surely believe that reaching $1 is not big thing for it.

Though many of them think it's just a meme coin then also it has value because of rich supports. It's fine if they don't have utility value, but they have supporters now who think that it's easy to invest (cheap) coin and can do easy day trading on the same. 

So until the time this craze is out there, one can earn big out of it and will drive it slowly above 1 buck for sure. 

I am also very skeptical about Doge, but it is not dropping in price now, it seems to me that it may soon become a stable coin like usdt.

[Tellek Garing]

let alone price of $1, at first I did not believe that Doge could reach the price of $0.2 but in fact Elon Musk is always trying to tweet so that the price of Doge continues to increase, yes maybe if there are 5 Elon Musk out there the price of Doge can reach $1
but whatever it is I'm not a fan of meme coins so don't really care about doge prices

[WINNERZ]

Amin !!! lets go dogecoin flying to the mars !!

[motun01]

There are really no limits on the possibilities that this crypto market provide, however when Elon musk tweeted that he purchased coins and that impacts emphatically on different purchasers and we realize more traders hop when somebody large influencer takes the interest so that is the explanation of the Doge rise.
Aside that sketchy fundamentals behind the pump, it is also safe to conclude that doge has always been an underated cryptocurrency that has pushed to new highs always

[Republikcoin.com]

If Elon Musk messes up again, then it will be very possible.

I'm not saying I like this kind of thing by tweeting, suddenly everyone is panicking buying DOGECOIN and pumping up to a ridiculous price.
However, if Elon Musk's power will be any less (though highly unlikely, because he's quite rich) if he's too brutal as McAfee did by opening a paid tweet service.

[TimeTeller]

There are really no limits on the possibilities that this crypto market provide, however when Elon musk tweeted that he purchased coins and that impacts emphatically on different purchasers and we realize more traders hop when somebody large influencer takes the interest so that is the explanation of the Doge rise.
Aside that sketchy fundamentals behind the pump, it is also safe to conclude that doge has always been an underated cryptocurrency that has pushed to new highs always

Doge has been here for long time, though, they started like a joke, it is used by many crypto users.
And it evolved into a more useful alt especially in transfer purposes or in gambling.
However, this coin is getting expensive these days. The withdrawal fees are higher now than other popular alts like LTC, EOS or XRP.
So in some way, it is not practical anymore for doge to be used for transfer purposes.
Also, we don't have any idea how long will Elon Musk support this coin.
Are doge developers doing something innovative to this coin?

[MonaLeeTracy]

Quite a few people are interested in Doge to be able to go up to $ 1, I'm not sure that could happen this year for such a high enough increase. Even though the hype that occurs by Elon Musk, we can't deny it every time he makes a tweet to make sure Doge will experience a high rise. the influence of the elon musk and other positive sentiments in the future will bring the doge price up or down quickly

[xenon131]

Dogecoin is a joke, they can only bark at 1$ but never reach it. Today's price is around 20% lower than it was yesterday, further dips will follow. Why people are so concerned with such obsolete crypto like Dogecoin? Aren't they bushed by Musk's pranks? He plays with them like with pellets dirtying them with shitcoin while buying himself the real crypto.

[whiteblue]

I am also very skeptical about Doge, but it is not dropping in price now, it seems to me that it may soon become a stable coin like usdt.

Being a stable coin is clearly not possible with Dogecoin because Dogecoin tokens are not included in the category of stable tokens and when the price does not decrease at the time of correction, it does not mean that Dogecoin has become a stable token, because many tokens are like that but also are not considered tokens stable.

[triat]

If Elon Musk messes up again, then it will be very possible.

I'm not saying I like this kind of thing by tweeting, suddenly everyone is panicking buying DOGECOIN and pumping up to a ridiculous price.
However, if Elon Musk's power will be any less (though highly unlikely, because he's quite rich) if he's too brutal as McAfee did by opening a paid tweet service.

If his power is less, then after such statements and a large number of people who will go to the minus, they can also file lawsuits against him, and everything else.

[nitin8263]

I am watching that Dogecoin is continuously increasing for last some days and but from last two days its price has fall but its a opportunity to buy it before to reach $1.

[Momoamzad]

How fast market is going  doge can easily get the race  for $1. May be it will take time but its position and pumped market saying this. Good investing who invested in doge.

[Sindicatout]

The coin can grow at least up to $100. But I wouldn't take this coin seriously, for at least two reasons. 1. It was created as a joke for the public. 2. The coin is freely manipulated, so it is a temporary bubble that will burst soon