Dogecoin 🐕‍🦺 1$ possible in 2022 or not?

[Black|spider$]

When Dogecoin lounch, Dogecoin was a common cryptocurrency But over the trailing 14-month stretch, Dogecoin has rallied approximately 5,000%. And it was up considerably more when it hit its all-time high of nearly $0.74 per coin in May 2021.

With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.

In terms of catalysts, there's probably none bigger than having the world's richest person in your corner. Tesla CEO Elon Musk owns only three cryptocurrencies. One of those happens to be Dogecoin. Musk is no stranger to promoting Dogecoin on social media platforms like Twitter, or posting obscure memes implying that Shiba Inu dogs are "going to the moon." what do you think about dogecoin?

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[Psynthax]

When Dogecoin lounch, Dogecoin was a common cryptocurrency But over the trailing 14-month stretch, Dogecoin has rallied approximately 5,000%. And it was up considerably more when it hit its all-time high of nearly $0.74 per coin in May 2021.

It goes down since the hype has gone and some major players have been starting to sell their tokens to the market.

With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.

I don't even think this will happen. I consider the utility usage of doge coin which was not even exist. I can't even think this will reach $1 without a big pump from billionaire like elon musk. You can also take a look at how many volumes were going to the doge coin when the pump happened.

In terms of catalysts, there's probably none bigger than having the world's richest person in your corner. Tesla CEO Elon Musk owns only three cryptocurrencies. One of those happens to be Dogecoin. Musk is no stranger to promoting Dogecoin on social media platforms like Twitter, or posting obscure memes implying that Shiba Inu dogs are "going to the moon." what do you think about dogecoin?

All of tweets created by elon is not having any impact to the doge coin price. These days traders and speculators are very smart. The doge coin has no chance to go to the moon again. The valuation was too big for a meme coin without any utilities.

[Dr.Osh]

although doge was a meme coin that really pumped when it was backed by Elon Musk, and in 2021 it's almost $1, and currently has some functionality, I think it's possible. just don't get your hopes up for it. we do not know what will happen in the future, but when the price pumps again, and the bull market occurs again, the potential for a doge to reach $ 1 is still quite large. as long as Elon Musk is still pushing this coin, I think it's still possible. But, like I said, don't get your hopes up on this coin. if you still have it, maybe holding it long term, or selling it right now still makes you a profit.

[QueenVera]

Do not understand estimate the power of hype, what dogecoin survive on is hype so if that is not happening, the price of coin will keep declining. It will take just another celebrity that people trust to boost the price of doge coin. Elon musk has done enough, immediately more important personal start talking about the memecoin, the price will start pumping again and maybe that milestone of $1 will be achieved. Other memecoin might pump as well just because dogecoin is pumping.

[cryptoaddictchie]

They got a huge supply. Reaching $1 isnt impossible but it will take a lot of funds to move it there. Also there are too many dogecoin haters since its backed by Elon, some dont like how he do some comedy stint and jokes on twitter. He also fan manipulate the market by injecting some news and announcement. I dont know but if this turns to 1$ imagine how many coins will be overtake by a memecoin. But since they got have utility slowly like the one Elon announced on tesla maybe others may adopt it.

[takngantuk]

They got a huge supply. Reaching $1 isnt impossible but it will take a lot of funds to move it there. Also there are too many dogecoin haters since its backed by Elon, some dont like how he do some comedy stint and jokes on twitter. He also fan manipulate the market by injecting some news and announcement. I dont know but if this turns to 1$ imagine how many coins will be overtake by a memecoin. But since they got have utility slowly like the one Elon announced on tesla maybe others may adopt it.

Despite people's views on Elon Musk, the man's impact on Doge's prices has been very positive. So it is very possible that in the future with a little encouragement from Elon Musk, the price of Doge could break 1$. but for now, that's impossible. The coin meme hype has faded, and Elon doesn't seem to be paying attention to the doge. so the target of 1$ in 2022 is very low probability. after all the market is recovering, and everyone is just staring at bitcoin. that's why altcoins like doge are most likely not getting any attention.

[ivankoh]

I think the coin meme(Doge) still has a great appeal and it can explode at any time including the effects of Elon.  They had a great support from Vitalik when they confirmed their support for the Doge to POS migration.  It seems to be a belief for those who believe in the future of Doge.  ATH at $0.8 can be broken for the next cycle, everything is a big expectation

[cryptoaddictchie]

Despite people's views on Elon Musk, the man's impact on Doge's prices has been very positive. So it is very possible that in the future with a little encouragement from Elon Musk, the price of Doge could break 1$. but for now, that's impossible. The coin meme hype has faded, and Elon doesn't seem to be paying attention to the doge.

Im not arguimg that it didnt impact on price of course it did. From its price way way back thats really a significant move when it comes to action price. Thats totally rewarding to people who hold a lot of doge especially from free faucet before.

The 1$ price is still a myth but if it does happened. Expect some memecoin like shib to follow and others too.

[Synerggy]

Elon Musk is the greatest crypto manipulator I've ever seen, it works for him but for how long will this keep going? We've seen people like him before and their reigns lasted only for few years I believe the same thing will happen to Elon musk too, it will get to a point where his tweets won't matter anymore.

[Yaunfitda]

Well where is the support going to come from? I mean majority on the Doge bandwagon is just riding it for the sake of making money. Yeah, maybe they could push it all the way to $1 or even higher, but what will be the consequences? Or they going to survived long term after that? or will simply go down hard and the only once left are those who are tied and can't go out because they are going to lose more money? in short they are the victim of the pump.

[bhadz]

As the peak was $0.7 and it's few to $1. We don't know if it will manage to get back to the past ATH first. The supply is increasing and that's making the price lower.
Everyone can say that it's possible who's holding a bag of Dogecoins and didn't sell at the peak and still waiting for it to come. But embrace the reality that accept it for now that it won't be there close.

[tvplus006]

All of tweets created by elon is not having any impact to the doge coin price. These days traders and speculators are very smart. The doge coin has no chance to go to the moon again. The valuation was too big for a meme coin without any utilities.

As before, Doge had no technical application, but nevertheless this did not prevent him from reaching the goal of 74 cents. Obviously, after a large capital buys a coin at a price of 5-7 cents, the Doge price will be sent to the moon again to sell the coin to newcomers at a high price.

[susuberuang]

Elon Musk is the greatest crypto manipulator I've ever seen, it works for him but for how long will this keep going? We've seen people like him before and their reigns lasted only for few years I believe the same thing will happen to Elon musk too, it will get to a point where his tweets won't matter anymore.

Just wait for it to arrive and as long as it still hasn't arrived, then it's also a good idea to read his tweets from time to time even though you don't have to believe everything he says, because basically he's also not a god even though he has many friends among crypto investors.

[dimonstration]

As the peak was $0.7 and it's few to $1. We don't know if it will manage to get back to the past ATH first. The supply is increasing and that's making the price lower.
Everyone can say that it's possible who's holding a bag of Dogecoins and didn't sell at the peak and still waiting for it to come. But embrace the reality that accept it for now that it won't be there close.

True on the unlimited part, It will be very hard to increase the price exponentially but nothing is impossible for the blind followers of DOGE because many artist, influences and whale are waiting for this token to be hype again. A couple of million dollars of continuous buying can easily create a hype to make retail investors fomo buy. Since 0.7$ is the recent peak, 1$ is gonna be an easy target once hype back again in crypto.

[Marykeller]

If Doge can actualize 0.74 price this beginning of the year, it is most likely that it will hit $1 before the end of 2022. I don't see anything stopping Doge to reach $1 once the bull run begins.
Only a tweet from Elon Musk about Doge changed her price. That's the power of having strong influencers for your project on social media.

[ice18]

$1 in 2022? Why not? It all depends on Elon Musk price manipulation if Elon announced in the future that they will accept Doge to purchase Tesla cars, it can pump in no time. Just like what he did in Bitcoin after he announce it will accept btc as payment option for its cars but later stop due to environmental concerns. Supply is not a concern once whales push the price for another ATH due to some good news, lets wait if it will happen.    

[michellee]

I do not want to say it is impossible but it is not easy to hit $1 in 2022 unless there is a big pump like we saw before. Only that, the price will have a chance to lift the price to $1. The price is still too low, but some people are afraid to invest in Dogecoin as the price has already increased and I think they want to wait for a while or expect a big drop then buy it. If Elon can play with Dogecoin and say a positive thing about Dogecoin on social media, maybe that will drastically increase the price.

[coinsycrip09]

Doge's position is getting stronger after being accepted by Tesla, if you see a trend that is getting better then the price of $1 is still realistic to be achieved this year, of course we hope that the market now can be better than in 2021.

although the doge position is strong, as you say.
but it's still going to be hard for doge to hit $1 this year, not that it's going to be impossible. we don't know how the market will move. maybe it could happen this year if another billionaire pumped it up to $1.
so we just have to wait for it to happen.

[Al Qiyamah]

Indeed, nothing is impossible in the world of cryptocurrency, sometimes it is full of surprises. But even so there is always something that causes it to happen like Doge who reached ATH a few months ago because Elon Musk's tweets, but if for this year again reaching a new ATH like it will be difficult if there is no positive sentiment.

[nimogsm]

To be honest, I hardly believe in it with such an issue, do you have any idea how much money you still need to pour into the market?The power of tweets from Ilon is losing its relevance, of future events it is the launch of a satellite, I think this will be the last high-profile event.