Can Dogecoin reach 1$ soon?

[Ghondronk]

It can reach $1 or even higher, but it is a high risk asset which may go down at any time. It is a know fact that the hype was created whenever a well-known person tweets. As an investor, I want to rely more on better assets which are based on better projects.

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[FatFork]

I consider accepting crypto currency for payment and buying crypto for investment purposes to be two completely different concepts. One does not necessarily imply the other.
For example, you can accept DOGE payments on your web store without caring what happens to Dogecoin tomorrow as all the payments you receive are converted instantly into fiat or stablecoin or some other cryptocurrency. Musk could do the same.

1. You are not Elon.
2. I am not Elon.

Agreed.

If Elon says that he is going to sell his cars for Doge, you would expect him to invest in Doge. He is a billionaire.

To be honest, I don't know what to expect from him. If a smart guy like Elon gets up one morning and says "Let's invest 1.5 billion in bitcoin", and then two months later says "Bitcoin is bad, because reasons!", you can't help but think that something is fishy there.

[ogundowotoby01]

The market keeps increasing and the price of Doge coin could reach $1 (very attainable) but I see the price correcting itself and returning to a lower price. Doge coin is just a meme coin with no use case, so the demand won't last long.

[Noruka]

Elon Musk wrote something about doge on his twitter, and said whether he would accept the doge as an exchange tool for Tesla or not. I'm pretty sure that when Elon Musk does just that, the boost in Doge's price to $ 1 will be achieved. however, for now, there doesn't appear to be any sign or impetus for the doge to reach that price.

It's actually a poll and so far many agreed on Doge, he also announced that Tesla will stop using Bitcoin, this could be the reason why we experienced a dump and there's a possibility that they will indeed use it so they can continue pushing the price, but I can't imagine one of the top billionaire using a meme coin to his company, instead of other top coins

To say that many agreed on Doge in his poll is a bit of a rigged statement. What do you think who mostly participated in the poll? Doge haters are even too lazy to give their vote while Doge lovers do of course go to his profile and vote for the coin they hold in their wallet. It was guaranteed that poll ends positive for Doge to be accepted or wished to be accepted for Tesla purchases.

[Ruvi2000sew]

I used to be skeptical of dogecoin reaching 10 cents, but now I'm not sure what to make of it anymore; it's trading over 30 cents, I suppose. Now, as you said, with more Elon Musk tweets, we can see dogecoin reaching $1. Elon is practically turning this meme coin into something else, and his fans are just so enthusiastic about any meme tweet about it.

[Zulkifli BI]

This coin meme will not reach $ 1 because it does not have a large volume so many people don't dare to invest in this coin meme. and we must be careful if you want to buy Dogecoin. because Dogecoin can go down in a matter of minutes. and we can lose a lot of money. better if you already have it then you better sell it immediately.

[tarable]

This coin meme will not reach $ 1 because it does not have a large volume so many people don't dare to invest in this coin meme. and we must be careful if you want to buy Dogecoin. because Dogecoin can go down in a matter of minutes. and we can lose a lot of money. better if you already have it then you better sell it immediately.

Okay, a little correction from me, because Dogecoin's volume at this point deserves to be said to be large because currently Dogecoin is still in fifth place in the crypto space and previously Dogecoin was also ranked fourth when it experienced a large pump, but now it's gone beaten by Cardano which never corrected at all at a time when most Altcoins were experiencing a correction, and in fact this is obviously quite remarkable as Dogecoin which was previously pumped was ranked 10th in the crypto space.

[mohsing]

With the push Back Of Elon Musk Dogecoin Can reached 1$ soon But it can cross 1$ .'
Without Elon Dogecoin is nothing ,it would be like other shit coins.

[raes]

This coin meme will not reach $ 1 because it does not have a large volume so many people don't dare to invest in this coin meme. and we must be careful if you want to buy Dogecoin. because Dogecoin can go down in a matter of minutes. and we can lose a lot of money. better if you already have it then you better sell it immediately.

Okay, a little correction from me, because Dogecoin's volume at this point deserves to be said to be large because currently Dogecoin is still in fifth place in the crypto space and previously Dogecoin was also ranked fourth when it experienced a large pump, but now it's gone beaten by Cardano which never corrected at all at a time when most Altcoins were experiencing a correction, and in fact this is obviously quite remarkable as Dogecoin which was previously pumped was ranked 10th in the crypto space.

that is why many people talk about Dogecoin going to get a better price than the current price. the increase has been high enough, it made a lot of thought to see the Dogecoin price hit $ 1. although at the moment we are seeing how the market is slowly experiencing a correction. but if doge can overcome this, an increase in height may occur.

[Cryptoshops]

It could well hit over $1 because Coinbase are listing it within 5 weeks https://www.forbes.com/sites/billybambrough/2021/05/15/coinbase-reveals-dogecoin-bombshell-as-bitcoin-and-crypto-price-fears-grip-the-market/?sh=3349d57854fe

[Ecex.Exchange]

Doge no go. Not enough meme.

[Himalayacoin007]

 have just checked DOGE on my binance account and from the looks of it, the hype is not sustaining. The price dropped now and looks like it is no longer able to push itself upwards. I might assume that in the next few hours we will see massive selling of the coin until the coin goes back to its original price near 7 cents. If that happens then a new wave of low betters will be buying DOGE and possibly the hype will reoccur if not coming from Elon then perhaps another billionaire will do it.

[bittick]

have just checked DOGE on my binance account and from the looks of it, the hype is not sustaining. The price dropped now and looks like it is no longer able to push itself upwards. I might assume that in the next few hours we will see massive selling of the coin until the coin goes back to its original price near 7 cents. If that happens then a new wave of low betters will be buying DOGE and possibly the hype will reoccur if not coming from Elon then perhaps another billionaire will do it.

the hype that pump doge price isn't the same as the GME hype that's why it's not sustaining, in GME people are trying to hodl hard so they can bankrupt some hedge fund but in doge everyone trying to hype it up just because they want to make quick buck.
imagine a market where everyone is setting their target to dump their doge when price increase, that's gonna be unsustainable, other coin have demand from something like defi but doge is just pure speculation and hype.

[Marvelman]

My point is doge's hype is beginning to dissipate. When will doge actually bottom out? Only time will tell.
Bitcoin's dominance has also been on the decline. Not to say doge is worthless, but the comparison shows the currency is nothing more than a fun diversion and nothing more.

Although, it has been nothing but a roller coaster ride. I have seen doge go from, "I got this stupid shit" to "this shit is real" faster than you can say, "Holy sh**, this has never happened before."

[Noruka]

My point is doge's hype is beginning to dissipate. When will doge actually bottom out? Only time will tell.
Bitcoin's dominance has also been on the decline. Not to say doge is worthless, but the comparison shows the currency is nothing more than a fun diversion and nothing more.

Although, it has been nothing but a roller coaster ride. I have seen doge go from, "I got this stupid shit" to "this shit is real" faster than you can say, "Holy sh**, this has never happened before."

Dissipate sounds like it is over, but I don't see Doge coming to an end. It might go into a downtrend right now, but there are chances that Doge goes up again a lot in the future. Do we all like that? No, but it can happen especially if someone like Musk decides to make it happen.

[2tang]

Dissipate sounds like it is over, but I don't see Doge coming to an end. It might go into a downtrend right now, but there are chances that Doge goes up again a lot in the future. Do we all like that? No, but it can happen especially if someone like Musk decides to make it happen.

Now almost everyone is silent when they see the downtrend that continues in the market, so now there are no longer many people who dream in broad daylight and say Dogecoin will hit $ 1 in the near future as if they can control the market by themselves.

[Marvelman]

My point is doge's hype is beginning to dissipate. When will doge actually bottom out? Only time will tell.
Bitcoin's dominance has also been on the decline. Not to say doge is worthless, but the comparison shows the currency is nothing more than a fun diversion and nothing more.

Although, it has been nothing but a roller coaster ride. I have seen doge go from, "I got this stupid shit" to "this shit is real" faster than you can say, "Holy sh**, this has never happened before."

Dissipate sounds like it is over, but I don't see Doge coming to an end. It might go into a downtrend right now, but there are chances that Doge goes up again a lot in the future. Do we all like that? No, but it can happen especially if someone like Musk decides to make it happen.

This sounds like too much trust is being placed in one individual. I don't like that idea.
This is in violation of the principles of decentralized currency.

[iTradeChips]

If you are going to ask me, the time for DOGE to go up to 1 dollar might be gone for now. You need a very strong promoter to promote the coin, also a very active developer that would develop the coin further. But this is a meme coin, the developer does not think that this coin will be very successful and is only designed to be a meme. Maybe teach your kids crypto using DOGE but that's it. You need someone stronger and more dashing for DOGE to go further up. And I don't think we will get that in years.

[Natsuu]

Just came back here to retract my statement regarding dogecoin reaching 1$ soon.

Dogecoin won't be reaching 1$ soon but it will still be a possibility in the future, maybe end of this year of even next year, but not really soon.

[herurist]

still the name of the pump will definitely be difficult to make up again, even if the rise will eventually be the same.
because we all know that doge is a coin pump billionaire and this was already proven when doge soared with his new ath.
but to reach $ 1 will still be very difficult especially seeing the current situation with massive manipulation will be very suli to turn doge towards $ 1.