Can Dogecoin reach 1$ soon?

[MFahad]

Yes I think this will reach 1$, dogecoin now is more popular because of many dogecoin meme's. People are curios what dogecoin can do in crypto, in coinmarket dogecoin is top 4 now. I believe dogecoin in the future will be one ETH or BTC.

Few months before i never thought that dogecoin can reach one dollar but now its seems that it is very much possible. Consider for a moment that if Elon Musk announce that he is expecting Dogecoin for Tesla, the dogecoin can become a rocket.  
I can't wait to see what Elon Musk is about to announce in SNL.

[iTradeChips]

There is not much left for the price to reach $1 really. This morning, it reached $0.73 and now it's $0.66. It looks like it's very soon to see it. But I wonder what will happen after seeing it. Will the price stuck at it for some time and start falling? Or will it keep its level and continue to increase?

I was actually betting myself to see if it goes beyond a dollar and it enters at least 3-5 dollar territory. And I asked other people what would be their opinion on that and many of them are saying that it might be impossible for DOGE to reach the 3 dollar mark since the nature of the coin itself as a meme coin without any real worth. The price is only being propelled upwards because of tweets and endorsements of certain personalities and forces people to go FOMO on a meme coin. I want to see it go to 3 dollar mark but that would take a long long time.

[BayAngelo]

There are worthless coins that are valued above 1usd. some are over 1000usd. tokens without any useful values and yet with high price. Doge started as a meme project and looks promising as it is been modiified. so yes. it will reach 1 usd and will definitely surpass that value.  but not so soon, price might go down as well.

[Juggy777]

It is very much possible in this current situation. Doge has already crossed $0.7$ and it is increasing to reach the milestone of $1. If we consider the current stage, doge needs a single tweet from elon musk again to reach its goal of $1.

but believe me now the price of doge has decreased. coin doge is unpredictable, doge is easy to increase but if it quickly decreases. we do not know whether after the doge reaches the $ 1 price it will still be able to survive and go up to a higher price or it will fall faster

@javainn all the hype leading to yesterday’s event of Elon made Doge rise, but now it looks like that the investors had enough of doge as they swiftly dumped it, and that caused the prices of doge to fall down to 0.51 cents. Also I wonder if there’s any future for this coin, because if Elon stops tweeting about it then it can crash back 0.05 cents soon.

More information here:

https://edition.cnn.com/2021/05/09/investing/dogecoin-elon-musk-snl/index.html

[Sithara007]

I was looking in to the Dogecoin prices for the past few days. One thing is very clear. The prices are being manipulated by keeping a large part of the supply away from free-float. If you look in to the daily trade volumes, the absolute numbers are very high (yesterday the DOGE trade volume was 6 times that of BNB). But at the same time, despite this high trade volume many of the top-100 Doge wallets are showing zero movement. This confirms that a majority of the large holders are not trading their coins.

[yat97]

Bogdanoff is trying to dump the markets with no survivors. Hopefully Elon can overpower him

[hari9981]

In my prediction its possible if gambler want do it and the community still support it.
I just think this Doge rising price was fueled by many gamblers that pump it and make fomo about it.
Isnt it strange that many influencer FOMOing Doge instead of another coin that useful(?)

[Natsuu]

I think all of us in here already know that Doge Coin is a very HIGH RISK coin that you can reap high amount or make your capital suffer. As much as we want to see doge coin as revolutionary meme coin, it is very volatile that most who try to get in the wave loses.

Though I want to say that it can reach 1$ but not soon, as the whales are already waiting for the opportunity to pull any moment now.

[virasog]

Bogdanoff is trying to dump the markets with no survivors. Hopefully Elon can overpower him

Elon failed to pump the price of dogecoin this time around. I wonder if this is the end of the hype for dogecoin. Holding dogecoin is very risky now. Why would anyone want to take risk with dogecoin when there are much better coin in the market. I have stop dreaming about 1$ doge and i will suggest others to think the same.

[KaliLinux]

If you have not held Dogecoin from months back and now want to get into investing in Dogecoin because of all this hype, then you are really taking a Huge risk and I dont see reason for that now. Even if you love Dogecoin so much and wants to invest, I guess you can wait till we are back to a proper bear market and reinvest that's what i would do.

[MFahad]

If you have not held Dogecoin from months back and now want to get into investing in Dogecoin because of all this hype, then you are really taking a Huge risk and I dont see reason for that now. Even if you love Dogecoin so much and wants to invest, I guess you can wait till we are back to a proper bear market and reinvest that's what i would do.

Not everyone has that pateint to wait for the next bear market to buy the doge coin a very low prices. If anyone wants to invest in dogecoin then he should draw the fibs on the chart and try to enter at 0.168 level if the price do fall back to that level.

[Trinx01]

I think so, Dogecoin is really near to reach $1 maybe we need to wait for 1 month more before it reaches $1. I really regret the time when I had sold my 2000 Dogecoin way back in January because of financial reason, I was meant to hold it for a long term but in unfortunate things happened I pushed to sell it, well I know I am not the one who has experienced this kind of lost. The good thing is that I am already started investing some of my income in Dogecoin last month and I am so happy with the value of doge right now.

[ILuckyGuyI]

Dogecoin price has come down very drastically this morning and we are seeing it as $0.52 now. I wonder whether there was a reason for this big "correction" I guess. Number two trend on Twitter is #DogeCoinTo1Dollar. But still it doesn't seem to affect the price in a positive way.  

[Marvelman]

The DogeFather: Yeah, it's a hustle
The DogeFather (seconds later): TO THE MOOOON !

This just made me laugh hysterically!

https://www.youtube.com/watch?v=x5RCfQyTDFI

[Beparanf]

Dogecoin price has come down very drastically this morning and we are seeing it as $0.52 now. I wonder whether there was a reason for this big "correction" I guess. Number two trend on Twitter is #DogeCoinTo1Dollar. But still it doesn't seem to affect the price in a positive way.  

One word, Overbought. The coin was already overbought for a huge percentage and it needs to correct big time to fill the gaps. There is no particular reason for this dump besides of fear. Many tokens holders are flipping into much safer coin like stablecoin since we all know that the current doge price is a bubble.

[Flowzer]

More dump coming and will takes Doge to the place that its belong to.
Its healthier to crypto space if Doge holder takes profit and spread their money to another useful crypto.

[Dexion]

Elon failed to pump the price of dogecoin this time around. I wonder if this is the end of the hype for dogecoin. Holding dogecoin is very risky now. Why would anyone want to take risk with dogecoin when there are much better coin in the market. I have stop dreaming about 1$ doge and i will suggest others to think the same.

With the current price of doge, I feel it is too expensive for me personally, and seeing Elon's failure to pump the doge at this time, it worries me even more if I decide to invest in him and suddenly Elon stops to be in it, because of several pumps that happen. to doge because of what he did whether it was a tweet or a fantastic number of purchases.

[virtualdn]

I sold my last Dogecoins to BTC so I don't care anymore what happens with this joke coin. Too bad because it was a really nice fun project but Elon Musk made it look like garbage.

[decodx]

I sold my last Dogecoins to BTC so I don't care anymore what happens with this joke coin. Too bad because it was a really nice fun project but Elon Musk made it look like garbage.

A meme coin with a market capitalization of $85+ billion is a joke. This dump is inevitable.
It is obvious that the DOGE coin dump is creating a panic among the alt market so we'll probably see more dump in some other alts as well.

[smyslov]

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 might or it might not, Dogecoin is now overvalued Elon Musk must extend his support, and the community must aggressively invest in Dogecoin for Doge to reach $1, there was a slight dip in the price of Dogecoin when Elon musk announced that he bought Dogecoin because of his mother, Doge is the biggest overvalued coin right now 12,000% since January and has gained 800% this month alone really big figure.