Can Dogecoin reach 1$ soon?

[doctor877]

It's possible, but since it's not a coin with a utility, then we can't rely on it. Crypto is full of wonders such that anything is possible and no one can really say what will happen next. A lot of things can change the design of this coin which will push it up to that price value.

[FinneysTrueVision]

There is too much supply of this coin available so it is not something that we will see anytime soon. The only way it could happen would be if inflation gets too out of control making the dollar less valuable, then every coin would see large gains so it would not be so impressive.

[HaekalZ]

Based on my opinion, i do really think that dogecoin can reach $1 at least in 2023,
dogecoin's price keep increasing because elon musk effect, that's what i'm hoping for, i also bought a little doge for a long-term investment in case that dogecoin
will become huge and explode again.

[poodle63]

Based on my opinion, i do really think that dogecoin can reach $1 at least in 2023,
dogecoin's price keep increasing because elon musk effect, that's what i'm hoping for, i also bought a little doge for a long-term investment in case that dogecoin
will become huge and explode again.

In 2023 it's gonna be more difficult for doge to reach that high price. Elon musk effect sooner or later gonna deteriorate even right now elon's tweet isnt as impactful as it were in the past when he first exposed to crypto not to mention in 2023 gonna be a lot more doge released since it's uncapped.

[Lantind]

although a few week ago Doge experienced an increase in price and it has reached $ 0.085 which is the highest doge's price of all time, but I personally am not too sure whether Doge will be able to reach the price of $ 1 because this coin does not have something (product) that can push Doge's price rising in the market apart from the hype being tweeted by elon musk, and even in my opinion if elon musk tweeted another altcoin and ditched the doge it would of course send the doge price down to bottom again.

Yes, the influence of the hype on a coin will never last for a long time and it will also be very dangerous for those who are not aware of this, because there is no impetus from the use of a real product or its function in life making Dogecoin never last a high price let alone to reach a price of $ 1, it is not impossible but it will be very difficult for Dogecoin to reach such a price.

[Waleedzain323]

Wow! That's pretty hard but sounds good. it is not possible near future but in 2025 I can't say anything because crypto is in trend so anything can happen but it's much hard to touch 1$ by Dogecoin.

[Luffygroove]

exactly, no utility. Now how can you believe a project that just born from a meme can have value like $1 or something?. I personally don't believe it. Popular people like Elon Musk can hype it, yes of course, but that's it. I was amazed that Doge could reach that high price couple of weeks ago, thanks to Elon Musk for that lol but again, as long as it's just a project for fun with no functionality in it I think it will be kept as a fun coin, that's all. Less than a dollar more than a cent is a gift from God.

[dhemasm]

Based on my opinion, i do really think that dogecoin can reach $1 at least in 2023,
dogecoin's price keep increasing because elon musk effect, that's what i'm hoping for, i also bought a little doge for a long-term investment in case that dogecoin
will become huge and explode again.

Doge didn't have any utility like other crypto and it's just becoming another alternative for sending your asset from one exchange to another exchane, It's supposed to become an "Meme Coin" and the supply was unlimited so it was really hard, Elon musk "Effect" is temporary and we can't rely on it. It's better to invest on some Cryptocurrency with "Real" Use case like Ethereum, ADA, TRX, etc.

[yohananaomi]

Wow! That's pretty hard but sounds good. it is not possible near future but in 2025 I can't say anything because crypto is in trend so anything can happen but it's much hard to touch 1$ by Dogecoin.

looks like what you said, my friend is something true, that it will be difficult for Doge to be able to achieve it, even though we know that this year is the year of altcoin. because the opportunity to increase has been obtained by Doge and since then Doge is no longer able to move to increase, what is there is even down.
actually maybe it depends on the management of Doge if he wants to improve, because he already got the benefits beforehand. other than that, if you only rely on investors to buy, it looks like it will be difficult to fulfill properly.

[gwdf1]

It is silly to hope that Dogecoin will continue to grow in the long term. It was a temporary outbreak and everyone needs to understand that. Until Elon Musk decides to mention Doge again in any context.

The best way to withdraw profits is to withdraw to stable coins. USDT is a really good way to keep your profit.

[cyriljundos]

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?

there is a posibility that it will reach $1 per doge coin but it is far from reality at this moment. elon musk support doge coin and eventually many of company also using doge coin as source of payment and they can evenly trade it and gain income, doge coin has been amazing since in the beginning with low fee rates such amazing coin.

[btc-facebook]

I am sure Dogecoin will not be able to touch the price of $1 if Elon Musk and his followers do not support Dogecoin anymore, the price of cryptocurrency is very dependent on market demand, without market support and demand the price of Dogecoin will decrease very quickly, this is because Dogecoin does not have strong fundamentals, So when the market support and demand decreases, it is very difficult for Dogecoin to increase its price higher.

[crypto_nox]

I don't understand why people stick to dogecoin, there are many other better coins.. and there are many with the same price and will reach $1 soon or later.. do research and I doubt doge will fall badly before $1 because one person is holding more than 28% of doge alone... need to think on this

[peter0425]

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?

|Well Even how hard Elon Musk tries to Make Doge Pump high yet the value stays at 5 cents $ now.

Doge is one of the most used in gambling area so i believe in time it will pump high but when is the question.

Maybe if they push Burning coins? as the supply is really high.

[Alohadanc3]

It's hard to say. For me it's hard to reach $1 for doge. But doge is in hype so if market cap goes high it may reach $1. Dogecoin did't have any utility. It's just a meme coin. Also creator of doge left the project at a point. But somehow it took all the attention from the community. So community behind doge is very strong. And now many big names are backing of doge. Thats why this is so bullish. and if more big names start to promote doge it will go more bigger.

[Question123]

Dogecoin is a shitcoin and I think they have possibility now because of what the elon musk tweet before that results for the people to invest to the doge. But not 100 percent sure about what si the future of the binance because it is not potential many people are buying that because he follow Elon Musk. even they have chances I still not invest to the dogecoin because I prepare other coins.

[finaleshot2016]

Dogecoin is a shitcoin and I think they have possibility now because of what the elon musk tweet before that results for the people to invest to the doge. But not 100 percent sure about what si the future of the binance because it is not potential many people are buying that because he follow Elon Musk. even they have chances I still not invest to the dogecoin because I prepare other coins.

I don't think dogecoin is a shitcoin, I've gained a lot in dogecoin in the past weeks, it multiplied my money after investing in early January because I sensed something potential on it. Dogecoin is a meme coin but it doesn't mean it'll be a shitcoin like the other who doesn't even list in any major exchanges and don't have any value. Dogecoin is being used in different applications so I don't find it useless. Now that it's 5 cents, 1$ can really hit soon but we don't know when and some people might regret it soon like the other people who regret not trusting doge in the past weeks, if doge has made another huge change in its price.

[hahay]

If Doge moves on his own meaning there is no strong support to pump up the price, I'm not sure the price can hit 1$, but if people with influence like Elon Musk continue to support this coin from time to time then it looks like 1$ is a very likely value to achieve. But I believe that even though that support is still there it is unlikely that it will be achieved in such a short time, as has happened before until now the price is even getting a worrying weakness.

[oemar bakrie]

There will be possibilities and miracles again, after everyone feels confident that Dogecoin is soaring high,by the way the developers try to always provide the latest information on social media by convincing many people that Dogecoin can be equal to crypto such as bitcoin or ethereum is not just a joke token..

[noormcs5]

for Doge coin has indeed experienced a very significant increase. but to reach the price of 1 $ is not possible because we just look at the fantastic total supply of Doge coins. the price is now very expensive. like the doge coin won't touch the price of 1 $.

It's not that it won't hit the price of $ 1 but it will be difficult for Dogecoin to touch unless there is more support from the other side which can make the volume of its buying requests increase sharply without the slightest waste, so that's what seems hard to happen to Dogecoin.

Even if its demand is increased, still it is very difficult for doge to reach a dollar because of its huge supply. It will require a very big marketcap for this and it is not practically possible.

If elon musk declare publicly that he is no more into dogecoin, I foresee it downfall which is normal. Majority of the people that are trading dogecoin today do so just because of the sudden flare for it by elon musk

That will be the end of the doge coin if elon musk tweet anything negative about it.  All of this doge hype is only because of Elon Musk tweets.