Can Dogecoin reach 1$ soon?

[HyunBin]

I do feel that I was wrong for doubting that dogecoin can even reach as high as 0.1$ knowing that there it is just a memecoin and doesn't have any utility uses but seeing how it massively pump up to at most 0.7$, I guess that dogecoin can reach 1$ and more especially that time to time its number shiller Elon Musk keep on tweeting on this coin.

[finaleshot2016]

I do feel that I was wrong for doubting that dogecoin can even reach as high as 0.1$ knowing that there it is just a memecoin and doesn't have any utility uses but seeing how it massively pump up to at most 0.7$, I guess that dogecoin can reach 1$ and more especially that time to time its number shiller Elon Musk keep on tweeting on this coin.

Don't feel bad about it; keep in mind that this is merely a pump and dump scheme; the transition of Dogecoin from a meme coin to a utility coin is still ongoing, so the rise of Doge isn't widely expected. The time I saw some major platforms that accept Doge as a payment method, I realized that 1$ could happen really soon!

Particularly now that Elon Musk has announced that Doge will be used to finance the Doge-1 mission to the moon, which will take place soon! #DogetotheMoon

https://www.prnewswire.com/news-releases/spacex-to-launch-doge-1-to-the-moon-301287016.html

[MoneyJ]

By way Elon Musk is promoting chances are there is a possibility but in terms of usecase, I cant seem to be convinced otherwise. It is like the value depends upon who is using it and what is the purpose behind the promotion.

[southerngentuk]

In my opinion it is slowly recovering, but not optimistic about this coin either. Basically most of the people who bought it before are making big profits from this coin. And I also think someone or Elon will keep making tweets to push the price to $1 and then the price will fall freely

[Hannahanto]

Yes. Very possible
With the hype from elon musk and others I don't doubt. I remember when elon musk was being interviewed he said cryptocurrency is the future currency of earth, and he was like which one is it gonna be? Then he said dogecoin... dogecoin was invented as a joke essentially to make fun of cryptocurrency and now it's ironic, the currency that was invented as a joke is now the real currency. With the memes and all, many expect doge to fall but actually moving to the moon $1 is no longer far from it.

[bakasabo]

Yes. Very possible
With the hype from elon musk and others I don't doubt. I remember when elon musk was being interviewed he said cryptocurrency is the future currency of earth, and he was like which one is it gonna be? Then he said dogecoin... dogecoin was invented as a joke essentially to make fun of cryptocurrency and now it's ironic, the currency that was invented as a joke is now the real currency. With the memes and all, many expect doge to fall but actually moving to the moon $1 is no longer far from it.

Promotion by Elon Musk is not enough to shoot dogecoin to $1 level. In fact, his promotional techniques are already loosing power. Remember how just a single mention of dogecoin made dogecoin gain 30-40% in price. Yesterday Musk in his twitter made a poll, asking Do you want Tesla to accept Doge? and nothing happened. Dogecoin price remained on a $0.5 level. Previously, such announcement would easily double dogecoin price.

[virtualdn]

Yes. Very possible
With the hype from elon musk and others I don't doubt. I remember when elon musk was being interviewed he said cryptocurrency is the future currency of earth, and he was like which one is it gonna be? Then he said dogecoin... dogecoin was invented as a joke essentially to make fun of cryptocurrency and now it's ironic, the currency that was invented as a joke is now the real currency. With the memes and all, many expect doge to fall but actually moving to the moon $1 is no longer far from it.

Promotion by Elon Musk is not enough to shoot dogecoin to $1 level. In fact, his promotional techniques are already loosing power. Remember how just a single mention of dogecoin made dogecoin gain 30-40% in price. Yesterday Musk in his twitter made a poll, asking Do you want Tesla to accept Doge? and nothing happened. Dogecoin price remained on a $0.5 level. Previously, such announcement would easily double dogecoin price.

People are finally starting to wake up and see the sneaky manipulation behind all this. This won't go on too long especially as the alt coin season will soon end and BTC will start reaching new heights. Not all people are sheep and so easy to manipulate as Mr. Elon thinks. After all why should I make a billionaire even richer than he already is? Dogecoin will never be anything else than a pump and dump coin.

[mamesso]

~Snip~If Elon Musk starts to support another coin other than Dogecoin, Dogecoin will regress before it sees 1 dollar.....

I also have concerns as you say, so I don't have the courage to store Dogecoin for a long-time. It look like elon musk  support for Dogecoin is getting stronger, at least in the near future he (elon musk) will not leave his beloved dog just like that. Moreover, there is the latest news that Tesla will accept Dogecoin for Tesla car.

[warg2017]

Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

[decodx]

Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

Yes, and don't forget that this is a new strategy created by Elon Musk because at some time before, Elon Musk made a statement that he received Bitcoin for the purchase of a Tesla car and now that he has received Dogecoin for the purchase of the car, this means that he is increasingly supportive of Dogecoin.

In fact, it means he likes selling his cars above all else. I bet if I presented him with a gold brick and offered it for a Tesla car, he would tweet that from now on you can pay for Teslas even with gold bricks. 

[Noruka]

Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

Yes, and don't forget that this is a new strategy created by Elon Musk because at some time before, Elon Musk made a statement that he received Bitcoin for the purchase of a Tesla car and now that he has received Dogecoin for the purchase of the car, this means that he is increasingly supportive of Dogecoin.

In fact, it means he likes selling his cars above all else. I bet if I presented him with a gold brick and offered it for a Tesla car, he would tweet that from now on you can pay for Teslas even with gold bricks. 

This is what came to my mind. A lot of people now believe Musk is first and foremost a crypto fan, but what he really does is he makes himself a name among the youngest and digital generation. People think he is a cool dude but in fact he plays with emotions in such a smart way that he will turn a lot of the fans into actual Tesla buyers. It doesn't matter what he does, what's important is that he is omnipresent on all channels.

[LUCKMCFLY]

I think that if it is very possible because seeing everything that is happening based on the movements in favor of Doge, this year it could reach 1USD, since many think that only Doge has good movements due to Elon Musk, I think that for On other sides the fame of the currency is taking place, in this case in the article Doge has another vision, Portuguese real estate can be paid with Doge:

The partnership will, as a result, allow crypto holders to buy luxury homes in Lisbon with their digital assets, including BTC, ETH, and DOGE. Purchases can be executed via FNTX’s ‘Real Estate Exchange’ platform. In it, cryptocurrency prices are updated in real-time for each listed property.

Source: https://www.cryptoglobe.com/latest/2021/05/dogecoin-doge-can-now-be-used-to-pay-for-portuguese-real-estate/%3Cfont%20style=%22vertical-align:%20inherit;%22%3E%3Cfont%20style=%22vertical-align:%20inherit;%22%3E/%20%C3%BAltimo%20/%202021/05%20/%20dogecoin-doge-ahora-se-puede-utilizar-para-pagar-por-inmuebles-portugueses%20/%3C/font%3E%3C/font%3E

If some coins are getting their growth and exposure, Doge is not lagging behind. With this type of activity I think that the demand will increase, so the fact that it reaches 1USD is not seen that far.

[decodx]

Elon Musk has tweeted a tweet about consumer whether accepted Dogecoin as payment option, and close to 80% people choose to accept. So my opinion is , if Tesla accepts Dogecoin to buy Tesla car, then i think $1 can be expected soon.

Yes, and don't forget that this is a new strategy created by Elon Musk because at some time before, Elon Musk made a statement that he received Bitcoin for the purchase of a Tesla car and now that he has received Dogecoin for the purchase of the car, this means that he is increasingly supportive of Dogecoin.

In fact, it means he likes selling his cars above all else. I bet if I presented him with a gold brick and offered it for a Tesla car, he would tweet that from now on you can pay for Teslas even with gold bricks. 

probably right, more on the money side and he will entertain whatever offer he may get as long as there's value and he will
gain good amount of compensations,

It's indeed very possible that those who choose to accept Doge are the same people around him, supporters who are willing
to embrace and likc his ass to whatever extend he wanted it.

Exactly. For all those who believe that Musk really supports and believes in Dogecoin, answer me only one question: Why has Tesla, Inc. included Bitcoin in its financial assets, but not Dogecoin?

[Jaered]

Dogecoin may be a shitcoin, but it has seriously good adoption with a burgeoning community and great future. So lets just see how it goes

[scottsanderman12]

Doge coin with potential, it is definitely worth having in its portfolio, but do not buy when it already flies into space and do not open positions using credit shoulder as I did)

[decodx]

Dogecoin may be a shitcoin, but it has seriously good adoption with a burgeoning community and great future. So lets just see how it goes

DOGE falls like a brick. I think the pump is over.

[MoneyJ]

DogeCoin is just a tool for hedging or leveraging for higher stakes in a matter of seconds but other than that its just another SHA-256 POW coin for beginners.  I dont see anything greatly significant about it.

[Noruka]

DogeCoin is just a tool for hedging or leveraging for higher stakes in a matter of seconds but other than that its just another SHA-256 POW coin for beginners.  I dont see anything greatly significant about it.

I am sure you are not talking about DOGE as a hedge! DOGE is a gamble but not a hedge. If it was a hedge, then for what? Maybe it is a hedge for Musk, yes, but for nobody else.

[aoluain]

DogeCoin is just a tool for hedging or leveraging for higher stakes in a matter of seconds but other than that its just another SHA-256 POW coin for beginners.  I dont see anything greatly significant about it.

Thats because there isnt anything behind it! its a joke meme coin which hasnt
been developed in years.

It looks like the early investors are moving on the the next chance coin and there will
be bag holders unfortunately.

I see a Dog Fight happening soon DOGE v SHIBA INU

[bakasabo]

People are finally starting to wake up and see the sneaky manipulation behind all this. This won't go on too long especially as the alt coin season will soon end and BTC will start reaching new heights. Not all people are sheep and so easy to manipulate as Mr. Elon thinks. After all why should I make a billionaire even richer than he already is? Dogecoin will never be anything else than a pump and dump coin.

Cant wait to see people face when they realizes how much Elon Musk manipulated them and the market. Not only he manipulates dogecoin, but now pull his hands to Bitcoin. Have you seen his yesterdays tweet about Bitcoin and Tesla? Like he pumped Bitcoin price for several thousands, with a finger snap he dropped it back... This manipulator could bring down whole market if he moves back $1.5kk from Bitcoin. Fun part is, the reason to suspend Tesla car Bitcoin purchase was "increase use of fossil oils" for mining. If he is so smart, why dont he thought about fossil oils when he invested into Bitcoin.