Can Dogecoin reach 1$ soon?

[Blowon]

Just came back here to retract my statement regarding dogecoin reaching 1$ soon.

Dogecoin won't be reaching 1$ soon but it will still be a possibility in the future, maybe end of this year of even next year, but not really soon.

Right now the market is all in the red, and I think it will continue in the red until next month, Doge won't soon reach $1, but we can benefit from this to buy some for the future.

[kpierce77]

Currently, Elon Musk is in complete control of doge, he may have a doge #1, If he wants to make a doge $1 maybe very easy, he owns a tesla, and has a rich friend, also has a group of whales.

Elon Musk is probably very rich, has Tesla and has lots of rich friends too. but his actions recently made many members or the crypto community around the world lose respect for him, imo. Maybe if it was for doge, it wouldn't be the same as what was done a few months ago when the doge value was pumped continuously by musk

[Xxmodded]

Currently, Elon Musk is in complete control of doge, he may have a doge #1, If he wants to make a doge $1 maybe very easy, he owns a tesla, and has a rich friend, also has a group of whales.

Elon Musk is probably very rich, has Tesla and has lots of rich friends too. but his actions recently made many members or the crypto community around the world lose respect for him, imo. Maybe if it was for doge, it wouldn't be the same as what was done a few months ago when the doge value was pumped continuously by musk

I think many people and want to make FUD with bitcoin and altcoin price, last news China make FUD with banned bitcoin as transaction currency payment and many investor panic for selling assets with lower price, they don't understand how China make many time FUD about bitcoin banned there, last 2016 they have banned bitcoin and try again to get lower price buy bitcoin.

[Karartma1]

Doge should be already around 0 or even less. I believe the Doge pump allowed the market as whole to dum altogether because of Elon's bullshits. It's very sad the this growing market has to be at the will of a few twitter clowns.
Now that the dump cleared off a few dozens billions we can go back climbing (I'm referring to bitcoin of course).

[ILuckyGuyI]

After the last big dump in the market, Dogecoin price also decreased to $0.32 now. And it doesn't seem like altcoins will recover earlier than Bitcoin. But it may not be the same for Dogecoin as Elon Musk still can help it rise by his statements, actions etc. .

[Ziskinberg]

After the last big dump in the market, Dogecoin price also decreased to $0.32 now. And it doesn't seem like altcoins will recover earlier than Bitcoin. But it may not be the same for Dogecoin as Elon Musk still can help it rise by his statements, actions etc. .

If Elon Musk can still help him get up with his statements, actions, etc., why can't he do that now? You need to know that without Bitcoin recovery in the crypto market, don't expect more increases in Altcoins, let alone meme coins like Dogecoin.

Of course, that would not happen, we have been witnessing a bloodbath for many days, and it's altcoins that were heavily affected. looking at the dominance rate of bitcoin which has increased to 46%, that means people are panicking and they are leaving altcoins now.

The top 5 altcoins are affected a lot, down almost 50% in 7 days in average, not looking good now.

[TopT3ns]

Of course, that would not happen, we have been witnessing a bloodbath for many days, and it's altcoins that were heavily affected. looking at the dominance rate of bitcoin which has increased to 46%, that means people are panicking and they are leaving altcoins now.

The top 5 altcoins are affected a lot, down almost 50% in 7 days in average, not looking good now.

unfortunately so far I see cryptocurrency price movements from year to year, no one can predict with accuracy because all possibilities can happen whereas for Dogecoin price movements the possibility of jumping to the price of $ 1 can occur, but not in the near future, no one knows when the price doge hit that target.

[bryant.coleman]

If Elon Musk can still help him get up with his statements, actions, etc., why can't he do that now? You need to know that without Bitcoin recovery in the crypto market, don't expect more increases in Altcoins, let alone meme coins like Dogecoin.

The simple truth is that Elon Musk has run out of steam. Hardly anyone in the cryptocurrency market takes him seriously anymore. Even if he tweets something about Dogecoin, I don't think that it will be of any help. When he put up the poll on whether Tesla should accept Dogecoin, BTC was trading at $57,000 and Doge was trading at $0.50. And see what he has done. Bitcoin is now trading at $34,000 and Doge at $0.30. I had stated this manytimes before. Altcoins can't exist without Bitcoin. If Bitcoin goes down by 20%, the alts may go down by 30% or 40%. Because they don't have an independent existence without BTC.

The gist is that if Elon was thinking that he can promote Dogecoin by harming Bitcoin, then he was 101% wrong. It just had the completely opposite impact.

[freedomgo]

If Elon Musk can still help him get up with his statements, actions, etc., why can't he do that now? You need to know that without Bitcoin recovery in the crypto market, don't expect more increases in Altcoins, let alone meme coins like Dogecoin.

The simple truth is that Elon Musk has run out of steam. Hardly anyone in the cryptocurrency market takes him seriously anymore. Even if he tweets something about Dogecoin, I don't think that it will be of any help. When he put up the poll on whether Tesla should accept Dogecoin, BTC was trading at $57,000 and Doge was trading at $0.50. And see what he has done. Bitcoin is now trading at $34,000 and Doge at $0.30. I had stated this manytimes before. Altcoins can't exist without Bitcoin. If Bitcoin goes down by 20%, the alts may go down by 30% or 40%. Because they don't have an independent existence without BTC.

The gist is that if Elon was thinking that he can promote Dogecoin by harming Bitcoin, then he was 101% wrong. It just had the completely opposite impact.

You are right, we know that will happen anytime soon but it just happen earlier than expected because Tesla suspended accepting bitcoin, that was a bad move that resulted in a market dump, and now there's this china news that has a big negative impact on bitcoin.

[monineklutak]

Of course, that would not happen, we have been witnessing a bloodbath for many days, and it's altcoins that were heavily affected. looking at the dominance rate of bitcoin which has increased to 46%, that means people are panicking and they are leaving altcoins now.

The top 5 altcoins are affected a lot, down almost 50% in 7 days in average, not looking good now.

unfortunately so far I see cryptocurrency price movements from year to year, no one can predict with accuracy because all possibilities can happen whereas for Dogecoin price movements the possibility of jumping to the price of $ 1 can occur, but not in the near future, no one knows when the price doge hit that target.

Of course, accurately predicting cryptocurrency price movements is not easy and of course requires a really good analysis,
For Dogecoin, I am personally a little hesitant to reach $ 1,
but anything can happen so we just follow the developments

[sapnu]

For an altcoin that mostly rely on a billionaire's tweets or advertisement, dogecoin would have to go through many hardships first before its price can reach $1. The market is currently on a bloodbath and as we usually see, once bitcoin's price goes down the altcoins would soon follow. Once the people in the market gets used on Elon Musk's scheme and started disregarding all of it, he might abandon it too just like what he did with bitcoin or it may start the continuous downfall of Dogecoin. So be wise and smart if you are planning to invest in Dogecoin.

[Xxmodded]

Doge coin without Elon Musk is nothing and last two weeks Elon have been silent and never make any tweet about Doge coin, become bad news for Doge coin holder because they less hope with doge coin can break to higher price. Now when Elon never any update with Doge coin we still get anything surprise how doge coin can back to higher price again.

[wallet4bitcoin]

Doge dumping. I think price of doge will decrease more. Recent market condition isn't good and Elon musk being annoying for maximum traders. I think this cause also effect on doge market. Doge price can increase is future. But, at this time, doge has low chance to touch $1.

[Dr.Osh]

Doge coin without Elon Musk is nothing and last two weeks Elon have been silent and never make any tweet about Doge coin, become bad news for Doge coin holder because they less hope with doge coin can break to higher price. Now when Elon never any update with Doge coin we still get anything surprise how doge coin can back to higher price again.

well, but so far Doge is still supported by Elon Musk, so the price of $ 1 is still a big potential if the price recovery occurs. However, under current circumstances, it looks like even reaching the $ 0.5 mark is still very difficult. however, I still hope for a recovery in prices to occur in the near future.

[Republikcoin.com]

Unfortunately, the altcoin season is over and now all cryptocurrency digital assets are experiencing a steep decline.  To get the same momentum as this, it took quite a while.  The year 2025 is predicted by everyone regarding altcoins and bitcoins that they will rise to new heights.

CL only adds to the risk, but most of the people do it to get new profits investing in cryptocurrency. DOGE is finished this year, and Elon Musk has to come back again in the next four years to get the past moment repeated, and DOGE can be predicted to be $ 1 in just four years. We'll wait 2025 for the answer.

[ningrum]

Doge dumping. I think price of doge will decrease more. Recent market condition isn't good and Elon musk being annoying for maximum traders. I think this cause also effect on doge market. Doge price can increase is future. But, at this time, doge has low chance to touch $1.

If we talk about the current market conditions it is down and I think it affects all coins,
I agree with you that the price of Doge will go down and of course it will make it more difficult to reach $ 1,
I am not sure that it will be achieved in the near future but I hope the market will recover soon

[bakasabo]

Currently, Elon Musk is in complete control of doge, he may have a doge #1, If he wants to make a doge $1 maybe very easy, he owns a tesla, and has a rich friend, also has a group of whales.

If you think that Elon Musk controls dogecoin, then why his latest tweet did not affect dogecoin price at all ? If he can do dogecoin cost $1, then why he did not do it ? He is probably holding a lot of dogecoin and with such a pump can earn astronomical profit. But he is somehow waiting.

Btw Elon Musk does not own Tesla inc by himself. He is a CEO and a co-founded, and only 21% of Tesla belongs to him. 

[kotajikikox]

Currently, Elon Musk is in complete control of doge, he may have a doge #1, If he wants to make a doge $1 maybe very easy, he owns a tesla, and has a rich friend, also has a group of whales.

If you think that Elon Musk controls dogecoin, then why his latest tweet did not affect dogecoin price at all ? If he can do dogecoin cost $1, then why he did not do it ? He is probably holding a lot of dogecoin and with such a pump can earn astronomical profit. But he is somehow waiting.

Maybe he is onto more bigger outcome that's why he is not pushing that fast, maybe he uses His holding to support His out of this world plans so His Dogecoin will be the Funding for the Mars migration of people 

Btw Elon Musk does not own Tesla inc by himself. He is a CEO and a co-founded, and only 21% of Tesla belongs to him. 

yup this is how funny many comments has here, they tend to inform people that Elon owns Tesla when the truth is he is just one of the bosses.

[Ziskinberg]

Btw Elon Musk does not own Tesla inc by himself. He is a CEO and a co-founded, and only 21% of Tesla belongs to him. 

yup this is how funny many comments has here, they tend to inform people that Elon owns Tesla when the truth is he is just one of the bosses.

21% is a huge share of a business, yes, he doesn't own it solely but as a CEO he can make a decision and the decision of Tesla suspending the acceptance of bitcoin is his decision as well, don't get fooled, Elon is Tesla, that's it, period.

[Karartma1]

In any case, to see Doge reaching the infamous $1 price it would require a Bitcoin over $100K minimum where reaching the dollar parity for Doge would be only possible because of the super high price of bitcoin.
I don't see any other scenario where that's even conceivable.