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Author Topic: Dogecoin 🐕‍🦺 1$ possible in 2022 or not?  (Read 2495 times)
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March 24, 2022, 09:01:17 PM
 #221

Do you think people still believe the tweets of Elon? People are not so foolish and they have enough knowledge to judge which one is potential. Doge is a meme coin and it is not so profitable. In my side, I think doge will not be able to reach $1 within upcoming 3 years.
I think there are still people who believe in Elon's tweets at this time even though not many believe in Elon's tweets anymore, but in general there are still those who believe because Elon also has many friends with professions as investors, so they may believe it, but for Ordinary people like me don't need to believe Elon's tweets because actually I don't have much money like Elon who can buy whatever he wants.
Elon Musk. The actor behind Doge.
Yes Doge Can touch $ 1 If the billionaires in the world do a big pump of course it will be hype around the world. But is Elon Musk going to do this. I saw the price of the Doge drop quite significantly in Q1 2022. So basically we have to return to our respective principles, in this context, we should not be consumed by Fomo in investing because it will become a burden when prices drop drastically.

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March 25, 2022, 03:41:36 PM
 #222

$1 for 1 Dogecoin is as silly a dream for hamsters as dreams of XRP at $10 or SHIBA at 1 cent. More like no than yes. Much less DOGE, which saw such a high price in 2021 due to speculation by Elon Musk. Without those tweets, the price of DOGE would certainly not fly to those marks, and given Ilon Musk's current reputation, it is unlikely that cash flows into that coin will now be as active as they were last year. Rewriting the current ATH for Dogecoin is now as difficult a task as for XRP, which failed to reach its 2017 ATH and will not reach it any time soon.
For xrp; yes, I do believe that this coin has some bright future ahead because number 1 is ripple is not a meme coin. Number 2 is ripple has a use case, its speed is superb for any kind of transfer and the most incredible thing is its fee is cheap as one can imagine. Doge coin is only just a meme coin but it cant do what xrp can.

Doge coin fees are high and it's also a slow moving coin because transaction can take up to 5 minutes based on my experience but I don't know about shiba inu as I never tried using this coin and im not planning to. I know that im only going to get disappointed anyway. Reaching the ath for btc and other top coins are now hard, much more for the coins we talk above.

If we look at the historical chart of XRP https://www.coingecko.com/en/coins/xrp/usd?chart=7_days#panel, we see that this coin is not prone to growth, but rather to trampling in one place. Throughout its history, it had 2 major spikes (2018 and 2021), and after that the price would start to fall again or stagnate in a certain range. Internet is full of predictions about XRP $3, $5, $10 in the near future, but when this future will come and whether it will come at all is a big question.

Commissions for DOGE are high? Seriously? Where do you get this data from anyway? All the time DOGE was used as a transfer between exchanges, because it was fast and cheap and besides, many exchanges supported this coin. Since when did the commissions in DOGE become high?

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March 25, 2022, 08:17:02 PM
 #223

It's unimaginable to think Doge will ever hit $1. I wonder what makes you think that Doge will possibly hit $1. Is it because Elon Musk keeps tweeting about it? Don't be moved by such a tweet.
Don't build your hope on a price that can't be actualised any time soon.
 

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March 25, 2022, 10:48:47 PM
 #224

I think the hype of dogecoin is over. I wouldnt invest into this coin at all i think it will go down no matter what the market does. Elon Musk aint pumping it anymore plus there is no hype at all around it. So people shouldnt be investing into it at all.

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March 26, 2022, 03:43:54 PM
 #225

I think the hype of dogecoin is over. I wouldnt invest into this coin at all i think it will go down no matter what the market does. Elon Musk aint pumping it anymore plus there is no hype at all around it. So people shouldnt be investing into it at all.
yes because the price of Doge Coin is also very expensive, now Doge is at a price of $ 0.1,
whereas in 1 or 2 years ago the price of Doge was far below $ 0.1, even $ 0.1 is a prediction in the future,
and finally it can happen, it's not unexpected, as the more Doge Fomo became one of the top performing coins last year

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March 26, 2022, 06:39:38 PM
 #226

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.
Because someone just talked something about dogecoin and it got blew up in terms of price. But what happened after that? The price was sinking down just like normal before the hype was even happened in the first place. I don't think Dogecoin would ever reach $1 even if other influencers talked about this coin, it won't work anymore in my opinion.

With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.
So does other coins then. They have lot of supporters and enthusiasts but most of them gives zero impact at all for the price.

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March 26, 2022, 10:00:18 PM
 #227

I think the hype of dogecoin is over. I wouldnt invest into this coin at all i think it will go down no matter what the market does. Elon Musk aint pumping it anymore plus there is no hype at all around it. So people shouldnt be investing into it at all.

You are right. Dgecoin has been pumped so far only after creating elon musk hype and otherwise it would not have been possible to come this far. Now I don't think it would be right to expect more from these coins. But if Elon Musk creates hype in the market again in the name of digecoin then anything can be possible, because Elon Musk's influence is on another level in the crypto market.

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March 28, 2022, 04:25:05 AM
 #228

Doge coin 1$ in 2022? Lol
Doge will not able to reach $1 in 2022 even 2023 i think. However, something like that may happen by 2025. I think there is a possibility.  If Elon Musk really loves it and holds a lot of Doge. And as the first meme token in cryptocurrency if everyone invests in it like bitcoin.

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March 28, 2022, 07:59:16 AM
 #229

yes because the price of Doge Coin is also very expensive, now Doge is at a price of $ 0.1,
whereas in 1 or 2 years ago the price of Doge was far below $ 0.1, even $ 0.1 is a prediction in the future,
and finally it can happen, it's not unexpected, as the more Doge Fomo became one of the top performing coins last year
It was only in the last year that Dogecoin had such a good pump of some influence coming to it, some have even speculated that Dogecoin would hit $1 at that time.
But the target was not achieved because Dogecoin and several other coins also declined in the market, so for now I don't think the price of Dogecoin is at a high price.

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April 01, 2022, 01:29:29 AM
 #230

I think the hype of dogecoin is over. I wouldnt invest into this coin at all i think it will go down no matter what the market does. Elon Musk aint pumping it anymore plus there is no hype at all around it. So people shouldnt be investing into it at all.

People are foolish enough to invest into something that really has no substance to it. Dogecoin is and will always be a "joke", due to the way it was designed. Even Dogecoin's original creator said so. The cryptocurrency is only fueled by hype due to Elon Musk's praise through social media. That's the reason it went sky-high since the beginning of 2021.

For Dogecoin to sustain its price, it's going to need a lot more than just hype. Developers should focus on bringing innovation to the project if they want DOGE to become a serious cryptocurrency for day-to-day use. Development progress has kind of stalled, so the future of Dogecoin looks bleak right now. I believe $1 per DOGE is largely impossible as there are too many coins in circulation. Let's just focus on what matters most which is making crypto a strong contender of the existing monetary system (Fiat). Just my thoughts Grin

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Chato1977
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April 15, 2022, 03:38:15 PM
 #231

what is the reason why would this shitcoin can reach 1$? when last year of 2021  when the market is really experiencing the Highest pump recorded Meme coin like Doge did not even break that price?
 73 cents is the recorded ATH of Doge and i believe that this is the highest it can be the whole career, look at it now , drowning to 11 cents is this the sign of it climbing to a Dollar value? that is insane to believe lol.

https://coinmarketcap.com/currencies/dogecoin/

i don't think there is a chance this year or even in the next 10 years for Doge to make it there lol .
I don't know what was in the OP's mind until it crossed his mind that doge would go to $1 lol...

since entering 2022, the price of dogecoin is difficult to break through $0.2 and in the next few years, I predict that the same will happen. Dogecoin price "fly" just because of a tweet from Elon, but look now Elon's influence is no longer effective, making Dogecoin attractive to investors.
or maybe he is dreaming that we are still in the climbing position like what 2021 happens , but of course this is not there to happen lol.

but let us Give him confidence and wait till 10 years for what to come .
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April 15, 2022, 04:06:16 PM
 #232

or maybe he is dreaming that we are still in the climbing position like what 2021 happens , but of course this is not there to happen lol.

but let us Give him confidence and wait till 10 years for what to come .
That's a very long time to wait that even he himself will not have enough patience in waiting for it because every human being always has a different limit of patience in terms of waiting for something good even waiting for something uncertain like that.

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April 15, 2022, 04:16:54 PM
 #233

or maybe he is dreaming that we are still in the climbing position like what 2021 happens , but of course this is not there to happen lol.

but let us Give him confidence and wait till 10 years for what to come .
That's a very long time to wait that even he himself will not have enough patience in waiting for it because every human being always has a different limit of patience in terms of waiting for something good even waiting for something uncertain like that.
everyone has the limit of patience, but 10 years is a very long time. lol

I don't think Doge will ever hit that high price again, let alone 1$ I don't think it's possible, Doge is a coin that is overstated by the world's richest man Elon Musk the rest Doge doesn't have enough community to be able to push the price up.
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April 15, 2022, 09:28:45 PM
 #234

or maybe he is dreaming that we are still in the climbing position like what 2021 happens , but of course this is not there to happen lol.

but let us Give him confidence and wait till 10 years for what to come .
That's a very long time to wait that even he himself will not have enough patience in waiting for it because every human being always has a different limit of patience in terms of waiting for something good even waiting for something uncertain like that.
It's true and it's crazy to have to wait up to 10 years just for such an uncertain thing,
it's like a waste of time and too long so I'm sure a lot of people can't stand that,
use the best time possible for important things and certain things

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April 15, 2022, 10:33:04 PM
 #235

Considering ATH price was around $0.74 per Dogecoin, the new uptrend can take it over $1 easily depending on the BTC dominance ratio on the market. Unless Elon Musk stops pumping graph with HYPE news and accepting it as payment method, the predicted scenario may happen until the end of current year, IMHO.
I think the hype from Elon Musk isn't effective anymore because people are losing trust on it. Dogecoin hasn't bright future and it is running on the hype. It needs to have some effective features to attract new investors. I don't think that dogecoin will be able to cross $1 in 2022.

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April 15, 2022, 10:49:49 PM
 #236

Considering ATH price was around $0.74 per Dogecoin, the new uptrend can take it over $1 easily depending on the BTC dominance ratio on the market. Unless Elon Musk stops pumping graph with HYPE news and accepting it as payment method, the predicted scenario may happen until the end of current year, IMHO.
I think the hype from Elon Musk isn't effective anymore because people are losing trust on it. Dogecoin hasn't bright future and it is running on the hype. It needs to have some effective features to attract new investors. I don't think that dogecoin will be able to cross $1 in 2022.
Yes, people have kept it aside as a cryptocurrency that is highly influential. Initially people doesn't had better learning about the market manipulation, now majority of the users were aware of its move and the plans of Elon Musk. However I personally find dogecoin to be a good investment, because it is one among the old cryptocurrency that is being used. Another important thing surely this will pump at some point which will bring good profit unlike the period of holding.

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Fakhrulenclix
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April 16, 2022, 02:03:38 PM
 #237

Considering ATH price was around $0.74 per Dogecoin, the new uptrend can take it over $1 easily depending on the BTC dominance ratio on the market. Unless Elon Musk stops pumping graph with HYPE news and accepting it as payment method, the predicted scenario may happen until the end of current year, IMHO.
I think the hype from Elon Musk isn't effective anymore because people are losing trust on it. Dogecoin hasn't bright future and it is running on the hype. It needs to have some effective features to attract new investors. I don't think that dogecoin will be able to cross $1 in 2022.
yes that's true, I also think that the hype because of Elon Musk will no longer have an effect on being able to push the price of Doge higher, even I think for a very long time Doge will not reach $ 1 especially for 2022, of course it will not occur.
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April 16, 2022, 03:10:04 PM
 #238

Dogecoin isn't going to be easy to hit $1 and I don't think it's going to happen. If along the way it turns out to be, then it's just luck. Elon Musk's influence in making Dogecoin as great as it once was has diminished because people already know his ways. When Elon tweeted on his Twitter account that he was allowing people to get Tesla to be able to pay using Dogecoin it seemed normal to me, because it was one of the strategies to raise Dogecoin.

It's possible, For now, many people have mixed feelings about Dogecoin but it has a big place in the cryptocurrency community. Dogecoin has cool memes and that's why I think it's so popular on the internet. Dogecoin is not to make you rich but to spread fun and happiness. It is an attempt to build a cryptocurrency that is widely distributed and used by people all over the world.

Dogecoin has gained popularity among its users due to its friendly nature and the community's willingness to tip each other with this coin. It is no longer special because of its rarity, but it is popular among crypto users because of its popularity among non-crypto users. His success is also directly related to Elon Musk's Tweets as well, for the price of $ 1 definitely requires a process and not directly there by looking at the current market conditions at this time.

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April 17, 2022, 05:28:47 PM
 #239

I think the hype from Elon Musk isn't effective anymore because people are losing trust on it. Dogecoin hasn't bright future and it is running on the hype. It needs to have some effective features to attract new investors. I don't think that dogecoin will be able to cross $1 in 2022.
It's hard to read any future market can still happen. I think the price of DOGE is strong enough to last until now. That's proof there's a force that's keeping it from falling too deep. I think the market will follow where BTC is going, and it has been all along. There has to be a touch of Elon and Elon is working to guide public opinion if Doge is promising enough in the future. Or maybe Elon should pump up Doge to bring investors into the Doge market.
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April 17, 2022, 07:01:40 PM
 #240

I think the hype from Elon Musk isn't effective anymore because people are losing trust on it. Dogecoin hasn't bright future and it is running on the hype. It needs to have some effective features to attract new investors. I don't think that dogecoin will be able to cross $1 in 2022.
It's hard to read any future market can still happen. I think the price of DOGE is strong enough to last until now. That's proof there's a force that's keeping it from falling too deep. I think the market will follow where BTC is going, and it has been all along. There has to be a touch of Elon and Elon is working to guide public opinion if Doge is promising enough in the future. Or maybe Elon should pump up Doge to bring investors into the Doge market.
Anymore the touch from Elon is not gonna make a big change in the dogecoin market. As per my understanding if doge needs to reach $1, then it needs to experience the natural growth out of the market and not the manipulated/influential progress. Elon is working on it, and more platforms have added dogecoin to its accepted list. These are small steps to give it real-time usage and growth which is a must for its regular growth as a cryptocurrency.

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