Can Dogecoin reach 1$ soon?

[repear7]

It is very difficult for Dogecoin to reach 1 $ because of the enormous supply and the pump price because of the Fomo effect of the big people in the world because there is very little demand

 Yes, It’s very difficult to reach $1. Dogecoin never reached $0.1. It’s not impossible to reach $1. But, I think Doge will be reach $1 if demand increased so much.

[1715157097]

1715157097

[1715157097]

1715157097

[1715157097]

1715157097

[1715157097]

1715157097

[1715157097]

1715157097

[sadewa69]

It is very difficult for Dogecoin to reach 1 $ because of the enormous supply and the pump price because of the Fomo effect of the big people in the world because there is very little demand

 Yes, It’s very difficult to reach $1. Dogecoin never reached $0.1. It’s not impossible to reach $1. But, I think Doge will be reach $1 if demand increased so much.

the problem is not the request. doge has a large following in the crypto market. more and more exchanges have Dogecoin listed on their asset lists.
but the big consideration is the unlimited coin holder and supply. there is even a large hold on Dogecoin. and mostly I'm sure there are from the Doge mining community that holds so much Dogecoin.

[bL4nkcode]

$1 is too good for doge, even if there are lot of celebrities supports and promote it. Ofc anyone wants it, including me, but the reality, there's no way it could reach such price. 1-3 cent is possible but not for $1, it doesn't have any use case rather than a meme's face, hyped by elon and ofc its fast transaction and low fee.

If its a $1 value it could top till top 3 of cmc based on its marketcap, we don't even know til what # its total supply is, and its one of the reasons why its price will remain to what it is now.

[btc-facebook]

If we look at today's Dogecoin price of $0.05, then for $1 it won't be too difficult for Dogecoin as long as Elon Musk and his followers still support this meme coin, I will be a little pessimistic that Dogecoin will go to $1 if there is no support from Elon Musk, because Dogecoin is fundamentally not strong enough.
But who knows the future, this bull market is very different from 2017, maybe Dogecoin has other supporters besides elon musk and the price is pumped to $1.

[iTradeChips]

Well, my main belief right now is that DOGE will not reach a dollar, ever. It was conceived as a meme coin and it will stay that way. Sure there are people mining and trading but that is only a small number of people who use DOGE only as exchange coin because of its cheap fees. Only an adoption by some big corporation on the coin would be its saving grace. Maybe even boosting the coin to reach 1000 satoshis. If that happen then it will be a big payday for the whales who trusted the meme.

[xSkylarx]

It is impossible for dogecoin to reach 1$ given that it has no maximum supply considering also the marketcap if it really reaches that price. Miners and whales would just dump their holdings even before reaching 0.1 cents. It has no utility and only became popular because Elon Musk always shills it. Though it is one of the OG coins I don't really suggest investing serious on it because it has no development since I've found out about bitcoin way back 2016.

[ingiltere]

This is DOGE circulating supply: 128,962,415,706 DOGE
Do you really think DOGE can reach 1$ with this supply? It's 5-6 cents now, that means DOGE will grow ~20 times. That makes DOGE's marketcap 140 billion dollars. It's possible but unlikely. I wouldn't bet on it, especially not if you only rely on Elon Musk. That won't be a wise investment decision.

[NoG-NoG]

I think seeing how the market blooms and pump massively in the bull cycle happening, I can say that it is not impossible for dogecoin to reach a dollar value knowing for a fact that plenty of welll-known personalities are rooting for them and also dogecoin has a plenty of innovation in their blockchain that may attracts numerous number of investors.

[Zemomtum]

Anything can happen in the Crypto space and most importantly when the coin is being supported by the richest man in the world. If it does, I will not be surprised.

[manul888]

Most of other coins are also overvalued these days, so there seems to be no reason why Dogecoin cannot reach 1$

[poodle63]

If we look at today's Dogecoin price of $0.05, then for $1 it won't be too difficult for Dogecoin as long as Elon Musk and his followers still support this meme coin, I will be a little pessimistic that Dogecoin will go to $1 if there is no support from Elon Musk, because Dogecoin is fundamentally not strong enough.
But who knows the future, this bull market is very different from 2017, maybe Dogecoin has other supporters besides elon musk and the price is pumped to $1.

Doubt that, reaching $1 gonna be extremely difficult since it's gonna need to multiply its current value 20 times atleast and even going up 100% of its current price already hard enough for doge coin even with elon's tweet, and yes elon's tweet could help but the money to pump dogecoin need to come from somewhere else, it's not as simple as elon tweeting and the coin gets pumped, the market of dogecoin also need capital or money flowing in to support the pump otherwise it's also won't hold for too long since people dumping coins if that price reached.

[malikg18]

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.

[TangentC]

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?

It already has more utility and companies accepting it than bitcoin did when it was only 5 cents.

https://www.ibtimes.com/these-48-companies-accept-dogecoin-payment-3161086
https://www.financemagnates.com/cryptocurrency/news/latvian-airline-starts-accepting-payments-in-dogecoin-other-cryptos/
https://cryptwerk.com/pay-with/doge/


If you believe bitcoin is going to $1 million,
then Doge going to $1 should be an easy stretch of the imagination.

But as with all investments, the individual should decide for themselves.

Never forget in the past, many people said Bitcoin would never reach $1.  

This is my personal viewpoint, that doge will reach $10USD per coin, within 15 years.

[ANTOH]

BTC   LTC   IFC  DOGE  ETH   

[worldofcoins]

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.

Exactly, The max it can go is 0.2 (I was overly optimistic when i put that number so don’t get your hopes up that it’ll for sure hit 0.2)

Second point to note is Doge has unlimited supply unlike BTC whose supply is limited which makes me wow at even the current price of Doge.

[wiss19]

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?

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.

I remember my first few purchases were from a website that was called weselldoges or something like that and they used to sell doge coins with PayPal and I was one of the very frequent buyers so they even raised by limit manually after some purchases. I also one of those believer who are all expecting dogecoin to test $1 levels in coming months or at least at coming years .

[tarable]

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.

[Unikon]

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.

It appears to be the most manipulative coin.
Dogecoin does not represent anything serious itself except for historical interest

[Emitdama]

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.

[awakpane]

In my opinion, Dogecoin has a hard time getting to $ 1. While Dogecoin's price has increased significantly over the last few months, this doesn't change the fact that Dogecoin has a high rate of fluctuation. however, the DOGE price increase was triggered when Elon Musk tweeted his tweet. Now that the DOGE coin price has decreased significantly it is possible that in the future Dogecoin will return to its original value. We'll see how it develops in the future