Can Dogecoin reach 1$ soon?

[dre1982]

Dogecoin did not last long on the wave of fame. I'm kind of sorry for the users who believed that the coin could achieve real success in the future. I think everyone has already revealed the intentions of Elon Musk, he, as an experienced businessman, knows how to provoke people to buy what they do not really need. 

People with common sense should already know from the very start that doge, as its own name itself explains a lot is a meme coin and not really good for long term except swing trade, it's crazy to expect a coin with such total supply to go about $1 and even in the future thats not gonna happen because the uncapped total supply doesn't allow.

$1 with the supply is outrageous. If we see the $0.10 it's already very nice.

Now DOGE will go down slowly till there are some new rumours and then this party restarts again.

[1715073209]

1715073209

[1715073209]

1715073209

[soenan]

The price of $ 1 is too far, preferably $ 0.1 first after that $ 0.5 but I myself am not sure if Doge will reach that price because Doge has a very large total supply

I agree with you that Doge's price goes up to $ 1 too far. even to reach $ 0.5 is a bit difficult because the change in Doge's price only affects one person, namely Elon Musk, even now Doge's price continues to decline in price.

[Alohadanc3]

It's hard to say if you are talking logically. But when you are emotional it can go to 100$. Dogecoin is fun coin with almost no purpose but the coin got a great community. And the whole community pushing it to moon. And after elon musk became the CEO of dogecoin it just going parabolic. But I think in future this doge community will be stonger time to time. So after few years it may go to 1$.

[pragna]

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?

I think it was just a business game from Elon Musk nothing else. The present rate of doge is $0.04659 which was expected because Elon Musk has taken his benefit from this market so i think it will go down day by day. On the other hand market is also going down at present time so we have to wait for next pump so that there we may see original market of Doge coin.

[heyhat]

Doge's real price is 30 satoshi. And unfortunately, Elon's effect reduces.

[Lantind]

Doge's real price is 30 satoshi. And unfortunately, Elon's effect reduces.

That is very natural because Elon Musk is not a god who can control all crypto markets, he is also an ordinary human who already has a lot of wealth through some of the skills he has, so don't blame Elon Musk if Dogecoin drops in price.

[bonyaserg]

For me personally, Dogcoin currently represents a promising coin for the future. Since this coin is in demand among investors. And although the coin has a low price, there is a great opportunity to purchase as many coins as possible. Now there is excitement around this coin and, in my opinion, the price starts to grow artificially. Accordingly, no one knows what will happen in the future and how the coin will behave. But just in case, I realized for myself that I need to buy and forget about this coin for a couple of years and the Dogcoin coin will cost more than $ 1.

[Kunnu]

As we know whatever Dogecoin has achieved in last few months it's all with the help of publicity or should I say hype and if the hype created by a world's richest person then we may imagine that touching 1$ mark for DOGE is not impossible at all if this world's No.1 richest man continuously support DOGE that's all in my opinion

[TastyChillySauce00]

It is possible but will depend very well on Elon Musk's influence. As long as he is committed to seeing doge pegged at $1 and the community is in support by bagging more, doge can get to a dollar. It is true that it doesn’t render any service but once it assures any investor of profits everyone will like it.

You know everytime elon trying to hype up doge some people lost money in flash pump and that means its gonna drive down the hype when he make a tweet regarding doge once more. I doubt it's gonna make doge goes beyond $1 not to mention every doge added to total supply every blocks mined, overtime making doge to $1 gonna take a lot of effort and that increases linearly.

[Cloverfield]

I think DOGE is able to reach $0.2-$0.25
I don’t see it going any higher. It was a playtoy for Elon and retail made it go high as it went. But I don’t see a lot of institutional money flow in a meme.. $1 is in my opinion wat too high.

[Lantind]

As we know whatever Dogecoin has achieved in last few months it's all with the help of publicity or should I say hype and if the hype created by a world's richest person then we may imagine that touching 1$ mark for DOGE is not impossible at all if this world's No.1 richest man continuously support DOGE that's all in my opinion

It is not impossible, but after the price increase at Dogecoin, Elon Musk still tweeted twice about Dogecoin again, but there has been no definite movement in Dogecoin to date, and for the number one richest person in the world has also been reclaimed by Amazon owner Jeff Bezos on Wednesday February 17, 2021.

[l8orre]

maybe - DOGE has been an interesting phenomoenon.

check this everybody:

https://dogedex.xyz

[dre1982]

As we know whatever Dogecoin has achieved in last few months it's all with the help of publicity or should I say hype and if the hype created by a world's richest person then we may imagine that touching 1$ mark for DOGE is not impossible at all if this world's No.1 richest man continuously support DOGE that's all in my opinion

This is impossible. marketcap doge means that it must be 10x from the current price. The next sentiment of elon musk about doge will not be as high as before. people already know that this is only in the interest of elon musk for personal gain alone. so it's better not to speculate too high. now when it comes to the market i'm not too interested in discussing elon musk

$1 is indeed way too high. I am still surprised that its price is still this high . I expected already to be heading back to 30 sat.

[sslshamim69]

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?

The price of the DOGE can go up to $1 if the marketcap will go $20 Trillion. But hopefully DOGE price will be grow up $0.50 per doge after the end of this year. Doge marketcap is somehow resembling its price but though different. This is just my simple opinion.

[livingfree]

If Elon Musk buys several million dollars worth of Dogecoin, then I am sure it will cross 1$. Dogecoin had already pumped before because of his positive comment. I wouldn't be surprised if starts playing with this coin too. Crypto is just a money-making machine for him now.

Not yet sure because many would be selling if he announces that he has bought millions worth of Doge.

Many are stuck already on this coin because of Elon's tweets and they've probably are telling themselves that if the price goes a bit higher and they have profit, they'd sell.

And or, if they get a breakeven, they'd sell.

[MCobian]

I believe Dogecoin could hit $ 1, but it is certainly unlikely to be achieved any time soon. Because currently Dogecoin has fallen by about 40%
from the ATH price,  therefore Dogecoin to be able to go up to the price of $ 1, at least it needs to return to the ATH price first. I am sure Elon Musk
as a Dogecoin supporter will do something and make Dogecoin prices pump again. We just need to be patient waiting for this to happen. I suggest
to HODL Dogecoin that we have right now, or if we have extra money can buy more Dogecoin. Because Dogecoin is a good project for investment
in the long term.

[SlimShadyMmp]

Sure it might decide to have those kinda runs like before and get some xs on the way but 1$ is really going to be hard to get to considering the price and overall market cap

[dre1982]

I believe Dogecoin could hit $ 1, but it is certainly unlikely to be achieved any time soon. Because currently Dogecoin has fallen by about 40%
from the ATH price,  therefore Dogecoin to be able to go up to the price of $ 1, at least it needs to return to the ATH price first. I am sure Elon Musk
as a Dogecoin supporter will do something and make Dogecoin prices pump again. We just need to be patient waiting for this to happen. I suggest
to HODL Dogecoin that we have right now, or if we have extra money can buy more Dogecoin. Because Dogecoin is a good project for investment
in the long term.

Everyone keep having faith in Elon Musk when it comes to doge. He is now into crypto but that can change suddenly. You never know what that man think or does.

I wouldn't rely the price if Doge with him.

[heyhat]

Mark Cuban's movement may trigger the price parabolically if others follow him. I still do not think Dogecoin can reach 25 cents or more. But who knows?

[AmoreJaz]

I believe Dogecoin could hit $ 1, but it is certainly unlikely to be achieved any time soon. Because currently Dogecoin has fallen by about 40%
from the ATH price,  therefore Dogecoin to be able to go up to the price of $ 1, at least it needs to return to the ATH price first. I am sure Elon Musk
as a Dogecoin supporter will do something and make Dogecoin prices pump again. We just need to be patient waiting for this to happen. I suggest
to HODL Dogecoin that we have right now, or if we have extra money can buy more Dogecoin. Because Dogecoin is a good project for investment
in the long term.

Everyone keep having faith in Elon Musk when it comes to doge. He is now into crypto but that can change suddenly. You never know what that man think or does.

I wouldn't rely the price if Doge with him.

wont rely on him either. the life of doge doesnt revolve with musk only. there should be something more on to this coin that will aid in the increase of its value in the market. because if not, i dont think seeing the doge price skyrocket will not happen. but right now, we are happy that doge is gaining attention from the community. many traders have already benefitted from its low fees throughout these years and still are. i for one, is also a doge user for years. not as a long time holder but i use it mainly for transfer purposes.