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Author Topic: Will dogecoin drop to $0.2 again?  (Read 4339 times)
romero121
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May 17, 2021, 07:03:16 PM
 #81

I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.
Then nobody in my homeland dare to buy Dogecoin.

They must be well educated, here many people are frequently trapped in money game or ponzi scam.
Even some of them still believed in Magic to earn money.
As of now dogecoin is on its glorious days. It can move high as well fall low to unexpected level. Such kind of market manipulation is possible with dogecoin. Right now there is more giveaway and airdrops in the name of dogecoin. Some has started multiplier schemes aa well, so every dogecoin holders need to be secure without falling as prey for these kind of cheats

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May 17, 2021, 07:16:04 PM
 #82

Dogecoin is a short term bitcoin. Of course I think it will fall again. I think Dogecoin is a rising coin with the unnecessary praise of one billionaire. In my future period, he cannot even enter the top 20.

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abel1337
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May 17, 2021, 08:52:07 PM
 #83

I think so its like a forex news, if the expecation didnt meet the actual event price will drop hard.
Many people will say its a correction, but isnt it possible if theres no way to rise back again.
Then nobody in my homeland dare to buy Dogecoin.

They must be well educated, here many people are frequently trapped in money game or ponzi scam.
Even some of them still believed in Magic to earn money.
As of now dogecoin is on its glorious days. It can move high as well fall low to unexpected level. Such kind of market manipulation is possible with dogecoin. Right now there is more giveaway and airdrops in the name of dogecoin. Some has started multiplier schemes aa well, so every dogecoin holders need to be secure without falling as prey for these kind of cheats
I think that most of the big moves that dogecoin did in the past few months were market manipulations, All it needs is Elon Musk's tweet to make it pump. Too many people are riding dogecoin, There are a couple of shitcoin/degen coins that were named or has the DNA of dogecoin as well. The hype was just too overwhelming for traders. DOGE is one of the tokens in my list that will crash so hard when the bear market arrives so I think it will fall under $.2 again.

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May 17, 2021, 08:55:16 PM
 #84

I also think the same thing as u do, because this coin (DOGE) really going down for a quite long time these days, i think it's all because there are too many people already bought this coin, there's a high possibility that dogecoin can drop to $0.2 again, but for a long-term investment, i think dogecoin can bounce back to $1 soon in the near future.
Choosing dogecoin for long term investment is a bad idea at this point. It has already reached so high which was more than expected. BTW, dogecoin have no maximum supply limit. Currently dogecoin have higher demand and we all know that it happened for manipulation. But it won't stay same always. Huge amount of coins are getting added in Circulating supply of doge every year. Doge price may drop below $0.2 in near future if big whales stop playing with it. And in long term it has higher possibility to go down more.
Choosing any altcoin for long term investment is a bad idea at any point, I know that people see altcoins and they want that huge growth and profits for themselves but altcoin seasons are very short on its duration, being many time shorter than bitcoin bull runs, and the possibilities that you enter too late and you lose money are huge, which is why it is better to not play and remain invested in bitcoin even if you do not get as huge profits as you may like.

There' always other opinions about this and for sure those who invested with known coins around are not going to agree with this statement, not with Bitcoin though since that's the right thing to do, invest with Bitcoin with the large portion of your investment and in the long run you'll harvest the huge benefits.

But in terms of alts, there are also project that you can picked and hold, if the project to continue to developed the chance is high to see
much higher value.

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May 17, 2021, 10:20:50 PM
 #85

I think that most of the big moves that dogecoin did in the past few months were market manipulations, All it needs is Elon Musk's tweet to make it pump. Too many people are riding dogecoin, There are a couple of shitcoin/degen coins that were named or has the DNA of dogecoin as well. The hype was just too overwhelming for traders. DOGE is one of the tokens in my list that will crash so hard when the bear market arrives so I think it will fall under $.2 again.
As you know there are several other meme coins that is rallying just like Doge if not more than Doge and we all know that Elon Musk is only tweeting about Doge but if that is the only reason for the rally how much some of the forks that followed the meme path also rallied during this period and some even rallied above 1000% and even people are giving credit to Elon Musk for all these rally in the market Roll Eyes.
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May 18, 2021, 10:23:15 AM
 #86

I think there could be a flash dump to $0.20 at some point but I am pretty sure it will get back to $0.50 quickly then. A lot of investors will see an opportunity in a dump for as long as Musk is involved and it seems he has no plans to abandon DOGE.
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May 18, 2021, 11:48:44 AM
 #87

I think there could be a flash dump to $0.20 at some point but I am pretty sure it will get back to $0.50 quickly then. A lot of investors will see an opportunity in a dump for as long as Musk is involved and it seems he has no plans to abandon DOGE.
yes, it has got back to $0.5.
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May 18, 2021, 11:41:13 PM
 #88

Based on my technical analysis, doge will not fall in $0.2 again. I am seeing that its price will just stay in the range of $0.5 - $0.45. It can go higher depends if doge will have some big announcements to make and some listing or project development but it will not go lower than $0.45. Not a financial advice.

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May 18, 2021, 11:53:18 PM
 #89

It is very possible but I don't know when it is. If Doge has big supports from the community and Elon Musk, the price still has a chance to increase again. While if no big supports anymore, I think the price can decrease and go to $0.2 again soon. So, be careful for Doge holders, the price can drop any time! But I don't say it will drop in the near future.  Grin

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May 19, 2021, 06:19:48 PM
 #90

If bitcoin continue declining, dogecoin will declining too. I am not surprised if we touch $0.20 again since doge coin is just meme coin and it has been up thousand persent from $0.01. Maybe i will wait for $0.05 if we enter bearish phase again.
FYI ; today doge touch $0.28 when the market crash, it is 43% down from todey open price. While bitcoin only down 20%
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May 19, 2021, 06:37:46 PM
 #91

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
^ in the crypto market, nothing is impossible if it concerns the price. Today is the worst bearish crypto in recent months and it is possible that Dogecoin will be hit hard by the bearish effects as well and return to $ 0.2 again.
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May 20, 2021, 12:59:53 PM
 #92

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
^ in the crypto market, nothing is impossible if it concerns the price. Today is the worst bearish crypto in recent months and it is possible that Dogecoin will be hit hard by the bearish effects as well and return to $ 0.2 again.

I have a feeling that DOGE will not anymore make a new ATH.
The likelihood of seeing it drop to 0.2 usd is more possible than reaching a new ATH again.

After all the mess that Elon has made, I don't think people would still follow him and the FOMO.
Time for other altcoins to shine now and bring that dominance back to BTC and dump the shitcoins that are just being manipulated.

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May 20, 2021, 01:25:45 PM
 #93

Doge's performance came as a surprise to me. The Doge price could have fallen further during this last correction. I think it stayed strong enough and recovered very quickly. It is now very difficult for the Doge to have a price below $ 0.2.

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May 20, 2021, 03:07:51 PM
 #94

Based on my technical analysis, doge will not fall in $0.2 again. I am seeing that its price will just stay in the range of $0.5 - $0.45. It can go higher depends if doge will have some big announcements to make and some listing or project development but it will not go lower than $0.45. Not a financial advice.
- Boy, this is the crypto market and there is no fixed range for volatility, especially with an altcoin that has hundreds of news to hype like doge, its steady swings would be an impossibility, what you're seeing are just peaks and a bit of a remnant of manipulative news, too many people have tried to convince that the value of the doge is in line with the current price but the nature is just a lie, some rich guy trying to raise the price of doge to the moon. Such efforts will soon be stopped due to financial shortcomings, such an expensive price makes people lack confidence


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May 21, 2021, 06:52:31 AM
 #95

Dogecoin is a short term bitcoin. Of course I think it will fall again. I think Dogecoin is a rising coin with the unnecessary praise of one billionaire. In my future period, he cannot even enter the top 20.
Doge is not the same as bitcoin. Elon musk is the only reason why doge is going to the moon. If there was no billionaire that was always shilling doge and then im sure that if doge will not reach more than 20 cents as its price.
Elon already brought lots of newcomers to the doge coin. So many newcomers in the crypto bet on the dogecoin if it will reach $1 in the future.
I doubt that will happen. The tweet created by elon is not giving FOMO to the doge again.

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May 21, 2021, 07:07:24 PM
 #96

Dogecoin is dropping. Will dogecoin drop to $0.2 again?
Doge is a hype and elon musk is creating all the controversy with it. He is taking the profit from it but newbies aren't able to get his trap. After this hype, doge will drop so low price like $0.05-$0.10
Dogecoin is already trading at 0.35 for what I can see and it is likely its price is going to keep going down as we know the only thing that kept that coin on the spotlight was the fact Elon Musk was pushing for that coin, but now that it is clear that Elon only cares about the money that he was making with bitcoin and dogecoin all the excitement people had about dogecoin is over and most likely it is not going to return anytime soon or at least during this year.
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May 21, 2021, 07:56:06 PM
 #97

Dogecoin is a short term bitcoin. Of course I think it will fall again. I think Dogecoin is a rising coin with the unnecessary praise of one billionaire. In my future period, he cannot even enter the top 20.
Doge is not the same as bitcoin. Elon musk is the only reason why doge is going to the moon. If there was no billionaire that was always shilling doge and then im sure that if doge will not reach more than 20 cents as its price.
Elon already brought lots of newcomers to the doge coin. So many newcomers in the crypto bet on the dogecoin if it will reach $1 in the future.
I doubt that will happen. The tweet created by elon is not giving FOMO to the doge again.

People are realizing the game and they are no longer interested playing with Musk, with this current market it seems that it's closer
to hit that value again(OP's prediction)

Currently residing @ $.35, still lots of things are possible to happened, if there's no more interest and Musk itself won't take some
from his billions to move this coin again, expect that it will fall hard.

You have to take your decision according to how you fully recognized the risk.

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May 21, 2021, 08:03:49 PM
 #98

Dogecoin is a short term bitcoin. Of course I think it will fall again. I think Dogecoin is a rising coin with the unnecessary praise of one billionaire. In my future period, he cannot even enter the top 20.
Doge is not the same as bitcoin. Elon musk is the only reason why doge is going to the moon. If there was no billionaire that was always shilling doge and then im sure that if doge will not reach more than 20 cents as its price.
Elon already brought lots of newcomers to the doge coin. So many newcomers in the crypto bet on the dogecoin if it will reach $1 in the future.
I doubt that will happen. The tweet created by elon is not giving FOMO to the doge again.

People are realizing the game and they are no longer interested playing with Musk, with this current market it seems that it's closer
to hit that value again(OP's prediction)

Currently residing @ $.35, still lots of things are possible to happened, if there's no more interest and Musk itself won't take some
from his billions to move this coin again, expect that it will fall hard.

You have to take your decision according to how you fully recognized the risk.

It was as low as 21 cents on weds no reason it can't drop to 19 cents by monday.

most likely Elon was buying it last year for under ½ cent and has made a ton of $$ fucking with it.

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May 22, 2021, 05:49:11 AM
 #99

Dogecoin is a short term bitcoin. Of course I think it will fall again. I think Dogecoin is a rising coin with the unnecessary praise of one billionaire. In my future period, he cannot even enter the top 20.
Doge is not the same as bitcoin. Elon musk is the only reason why doge is going to the moon. If there was no billionaire that was always shilling doge and then im sure that if doge will not reach more than 20 cents as its price.
Elon already brought lots of newcomers to the doge coin. So many newcomers in the crypto bet on the dogecoin if it will reach $1 in the future.
I doubt that will happen. The tweet created by elon is not giving FOMO to the doge again.

People are realizing the game and they are no longer interested playing with Musk, with this current market it seems that it's closer
to hit that value again(OP's prediction)

Currently residing @ $.35, still lots of things are possible to happened, if there's no more interest and Musk itself won't take some
from his billions to move this coin again, expect that it will fall hard.

You have to take your decision according to how you fully recognized the risk.

It was as low as 21 cents on weds no reason it can't drop to 19 cents by monday.

most likely Elon was buying it last year for under ½ cent and has made a ton of $$ fucking with it.
Seeing the current trend where everything leads to a decline, then no one can avoid it. Likewise the doge which may not be as tough as ethereum, which ethereum also has to experience it. seems likely to continue or not the decline, can only predict.
if you go down again, doge will certainly be able to be below 20 cents and it could be more than that, it can't be denied.

@elonmusk is said to have bought a doge, you can be sure that the price purchased is the lowest value doge has so far, so he has got a tremendous profit from the increase in that time. whether the doge is still held by @elonmusk is certainly unpredictable.
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May 22, 2021, 06:58:44 AM
 #100

currently looks to a bigger price tag of $ 0.2. however, so far the doge's price is still holding above $ 0.3, but if it goes down again, I think, the doge's price could reach that range. Well, I'd like to see what steps Elon Musk will take to keep Doge's price up.

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