Can Dogecoin reach 1$ soon?

[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.

[Golftech]

Someone can tell me what the creators of the doggie do in general. I can, of course, google and collect some information, but in the end, they are engaged in a project or is it just an effect from the media personality of Elon Musk.

More on Musk participation personally speaking, as the hypes happened after He(Musk) declared his support publicly

and those who are watching and following him take place and take part, the after effects is a huge pumped and now

it's currently holding @ $.3+,  hard to tell if what will happened in the next following weeks or months, it's more on

the holders side to decide whether to stay positive or if it's time to let go and find another project to support.

[dongyi17]

all things is possible in crypto, maybe this year can reach 1$ or maybe not, it defend how dogecoin pump and people support this coin. Meme's dogecoin influence many investor thats why dogecoin pump again now.

[Vaskiy]

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.

Even with the price of Bitcoin around $60k there is more chance of dogecoin reaching $1. In no time just with few tweets the dogecoin market is manipulated. So, if the market have gained support around its ath value now dogecoin could've crossed $1.

[Xxmodded]

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.

Even with the price of Bitcoin around $60k there is more chance of dogecoin reaching $1. In no time just with few tweets the dogecoin market is manipulated. So, if the market have gained support around its ath value now dogecoin could've crossed $1.

I think doge coin is not really care what happen and price with bitcoin, always up when bitcoin down and down when bitcoin up, I see many time bitcoin going down but doge coin always up depend how many time elon musk make tweet about doge coin. But when bitcoin dump last week doge coin keep going down and never take place with higher price.

[Noruka]

My point is doge's hype is beginning to dissipate. When will doge actually bottom out? Only time will tell.
Bitcoin's dominance has also been on the decline. Not to say doge is worthless, but the comparison shows the currency is nothing more than a fun diversion and nothing more.

Although, it has been nothing but a roller coaster ride. I have seen doge go from, "I got this stupid shit" to "this shit is real" faster than you can say, "Holy sh**, this has never happened before."

Dissipate sounds like it is over, but I don't see Doge coming to an end. It might go into a downtrend right now, but there are chances that Doge goes up again a lot in the future. Do we all like that? No, but it can happen especially if someone like Musk decides to make it happen.

This sounds like too much trust is being placed in one individual. I don't like that idea.
This is in violation of the principles of decentralized currency.

In essence you are right, but Ethereum has also been closely attached to Vitalik Buterin. What would happen if Buterin announces he will take a step back and exit cryptocurrencies and in particular Ethereum? It could happen that it drops significantly. Human beings like leaders and Musk is a leader as it seems.

[Xxmodded]

Not easy for Doge coin back to $1 because many people have thousand and billion assets there, when Elon Musk make new tweet thousand hundred investor waiting for to sell Doge coin. I think not will be forever Elon Musk tweet get impact with Doge coin because many other person have make like Elon musk just few while and later their tweet nothing any effect anymore.

[btc78]

all things is possible in crypto, maybe this year can reach 1$ or maybe not, it defend how dogecoin pump and people support this coin. Meme's dogecoin influence many investor thats why dogecoin pump again now.

But not too soon as what OP is asking right? Dogecoin has just starting to recover now gaining 3% in the last 24 hours from another 13% loss in the 7 days period. yeah Dogecoin is really one of the promising coins now like reaching more than ATH multiple times but not for the bearish market like now.
so lets see what happened in the next 2 quarters more.

[noah tall]

Its Pumped twice just because of elon but I don't Recommended doge ... It is a shitoin amd it will remain shitcoin ... Yes may be it hit $1 but Now i Think Their is No Power of Elon Tweets also and Doge Is Nothing without Elon

[leatutz]

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.

Yes, I always pay attention to the movement of Bitcoin, because it is the mainstream that must be seen well, because when Bitcoin has decreased by 50%, then the Altcoin average will also experience a decline of up to 70%, this is what I always worry about now.

Altcoins will dump 100 percent if bitcoin falls 50 percent. I'm worried about the next correction time of cryptocurrency maybe before the last bullrun. I'm worrying because if I don't catch up at the right moment of dump. I'm sure Dogecoin won't surpass 1 USD before the next dump.

[robotdot]

I believe that Dogecoin can reach 1 dollar but not more, we have to remember that it is only a fork of Litecoin and it was born as a simple meme ... if Doguecoin cost more than dollar it means that nothing in this cryptoworld makes sense.... ((

[fb1t]

You shouldn't trade Dogecoin unlike your name is Elon and you have a Twitter account which you can use to modify the share price as you like.
It's like playing the lottery otherwise. Some have won it and you CAN win it too, but chances you won't do it are exponentially higher.
That's my opinion.

[Ebede]

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?

I am scared that this tweet tricks of Elon Musk will soon fade off if not faded already. Though he is a great influencer, but how long would his influence drive this coin?
Maybe what he is doing is the perfect purpose for which the coin is created.
For jokes and for fun as a meme.
But is is worthy of note that since memes do not end, the dog Meme can always be a natural driver of the coin when tweeted by an influencer

[seleme]

all things is possible in crypto, maybe this year can reach 1$ or maybe not, it defend how dogecoin pump and people support this coin. Meme's dogecoin influence many investor thats why dogecoin pump again now.

That is right everything is possible in this world, overall this year was very good for cryptocurrencies and most of them have started so great this year, some of them have reached their own ATH. Dogecoin is also one of the projects which is really interesting for people and there are a lot of people who have made great money from this coin. For me Dogecoin can reach 1$ this year, it depends on Elon Musk, if Elon Musk created any topic about this coin, people will follow this topic and start investing in this coin. Overall the success of Dogecoin depends on Elon Musk.

[robotdot]

You shouldn't trade Dogecoin unlike your name is Elon and you have a Twitter account which you can use to modify the share price as you like.
It's like playing the lottery otherwise. Some have won it and you CAN win it too, but chances you won't do it are exponentially higher.
That's my opinion.

I completely agree and this makes people think crypto is a bubble, doge may be a bubble but Bitcoin and Ethereum are not.

[john1010]

It could be, or i could be not, If the hype from Elon Musk is over, the price of Doge will definitely dive to the bottom too, but anyway, who knows, no one else can predict the market, maybe after the craze of Elon about doge some people might be recognize it's use and value. Good luck to all High price holders.

[VanDeinsberg12]

In essence you are right, but Ethereum has also been closely attached to Vitalik Buterin. What would happen if Buterin announces he will take a step back and exit cryptocurrencies and in particular Ethereum? It could happen that it drops significantly. Human beings like leaders and Musk is a leader as it seems.

Buterin is totally different case dude, it's not like satoshi where his figure is so glorified by the bitcoin community but Buterin is just like your another techy guy, development of eth also didnt depends on him and even if he dumped all his ETH its gonna dump the market maybe for a week and then start to get back up


satoshi, elon has large influence but buterin? never see his tweet could even move the market lmao  .

[Xxmodded]

In essence you are right, but Ethereum has also been closely attached to Vitalik Buterin. What would happen if Buterin announces he will take a step back and exit cryptocurrencies and in particular Ethereum? It could happen that it drops significantly. Human beings like leaders and Musk is a leader as it seems.

Buterin is totally different case dude, it's not like satoshi where his figure is so glorified by the bitcoin community but Buterin is just like your another techy guy, development of eth also didnt depends on him and even if he dumped all his ETH its gonna dump the market maybe for a week and then start to get back up


satoshi, elon has large influence but buterin? never see his tweet could even move the market lmao  .

We can't prediction how trusted Vitalik Buterin for the future will he sells all ethereum assets or not because many so far he always make great by hold his eth assets, now eth have raise higher price and we are waiting how possibility eth back to higher price again and different with doge coin still nothing lower price than eth.

[Pamadar]

It could be, or i could be not, If the hype from Elon Musk is over, the price of Doge will definitely dive to the bottom too, but anyway, who knows, no one else can predict the market, maybe after the craze of Elon about doge some people might be recognize it's use and value. Good luck to all High price holders.

We've seen how big Musk influenced this coin, but investors learn their lessons.

There are so many traders who loss from this asset and they are now moving forward, finding new coin to invest their money and let Musk with his manipulating influenced to this coin, it's still possible that this coin will grow if Musk will continue to bring his money and bring more new investors to this coin, we never know what future awaits for this project.