325btc (OP)
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April 05, 2022, 12:03:19 PM |
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Is doge still path to 1$ ? How fast it gona be so ?
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Zilon
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April 05, 2022, 12:42:27 PM |
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With the constant doge coin been mined every minutes which is about 10,000 doge it will be difficult for doge to sail close to $1 This is is due to the abundant supply, Unlike bitcoin which uses halving to regularly ensure the total number of coin mined is limited to 21million for doge more and more people keep mining doge and there will never be scarcity so the price will keep declining
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Ararbermas
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April 05, 2022, 12:51:04 PM |
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Is doge still path to 1$ ? How fast it gona be so ?
that's a big question since the price of doge still at $0.1. And i think even the market becomes fine again and most altcoins surge it still unpredictable for doge if it has a chance to reach $1 by the end of the year as it has a downtrend structure and can't even makes a higher highs on the higher time frame. So i don't think its possible.. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FQxQSGVQQ%2FScreenshot-20220405-204847.jpg&t=665&c=LhqRoYJiSLscfw)
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Gozie51
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April 05, 2022, 01:21:03 PM |
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Well with the huge supply of doge coin people may not have believe and trust that it will get to the price of $1 but we have seen the last pump of doge surprisingly getting high as $0.70 and this was close to $1. Just like last year anything can happen again to push the doge higher price. Elon musk did it and doge jumped so high from $0.002.
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Mpamaegbu
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April 05, 2022, 03:20:43 PM |
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With the constant doge coin been mined every minutes which is about 10,000 doge it will be difficult for doge to sail close to $1 This is is due to the abundant supply, Unlike bitcoin which uses halving to regularly ensure the total number of coin mined is limited to 21million for doge more and more people keep mining doge and there will never be scarcity so the price will keep declining
I've learnt to never say never when it comes to cryptocurrency. Any price reach is possible. When in 2020 or so, there was a rumour that certain whales planned to pump it to $1 I laughed it off. I thought it was a mere wish. Otherwise I would've loaded up on it. Don't forget that Dogecoin did $0.73 at ATH in 2021. That's just 27 cents less of a dollar. So, it's not impossible for it to get there in the next alts season. Come to think of it, it wasn't even alts season when Doge did that dramatic rise. Historical data for Doge shows a coin that has had a great run when we relate that to its lowest price and what the point is right now. Again, considering its infinite supply, I think one should say it has done extremely well for a project that started as a meme.
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Doell
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April 05, 2022, 10:44:05 PM |
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Maybe if there is a bullrun and Bitcoin hits ATH again this year then doge price could reach at least $0.6, actually doge has the potential to hit $1 but maybe not this year, although anything can happen in a short span of time. Anyway price $1 for 1 dogecoin we will see it, if the price of BTC units hit up to 500K ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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jossiel
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April 05, 2022, 11:15:15 PM |
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Is doge still path to 1$ ?
No. How fast it gona be so ?
Even the fastest prediction won't say that Dogecoin is going to be at $1 soon. I doubt it that it will eventually be there although the market is very fluctuative and unpredictable. But that's what I think that won't happen at this time. Maybe if the market cap increases as a whole, there's a likely that we might see it happen and come.
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Lanatsa
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April 05, 2022, 11:46:25 PM |
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With the constant doge coin been mined every minutes which is about 10,000 doge it will be difficult for doge to sail close to $1 This is is due to the abundant supply, Unlike bitcoin which uses halving to regularly ensure the total number of coin mined is limited to 21million for doge more and more people keep mining doge and there will never be scarcity so the price will keep declining
All matters with supply and demand and we know that doge's supply is bloating everyday and the demand is still the same or not really that much moving which means it would really become even more lowering into its price. Its true that there would be no scarcity since overall supply is definite unlike coins which does have specific supply where it could really be having that kind of probability on being valuable. So dont expect that it would reach out a buck in the future and its better to secure profits while its still in considerable price.
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AmoreJaz
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April 05, 2022, 11:51:37 PM |
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With the constant doge coin been mined every minutes which is about 10,000 doge it will be difficult for doge to sail close to $1 This is is due to the abundant supply, Unlike bitcoin which uses halving to regularly ensure the total number of coin mined is limited to 21million for doge more and more people keep mining doge and there will never be scarcity so the price will keep declining
All matters with supply and demand and we know that doge's supply is bloating everyday and the demand is still the same or not really that much moving which means it would really become even more lowering into its price. Its true that there would be no scarcity since overall supply is definite unlike coins which does have specific supply where it could really be having that kind of probability on being valuable. So dont expect that it would reach out a buck in the future and its better to secure profits while its still in considerable price. the only reason why it has increased its price was because of the hype surrounding it. but the use case in my opinion remains the same. though it is not a good option anymore for transfer purposes because there are now cheaper alts like TRX but a lot are still using it because of its popularity. before, i often used doge for transferring funds from one exchange to another because of its cheap fees and it is widely available. however, it has gotten expensive now. i don't know if there are indeed concrete plans for doge, but $1? it needs a very good devt update first.
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sheenshane
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April 05, 2022, 11:53:11 PM |
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Is doge still path to 1$ ? How fast it gona be so ?
A meme coin that has no limited supply and everyone can generate coin through mining, it's possible not unless Elon Lusk will hype this coin gain. A genuine increase of coin is based on the demand and supply, if the supply keeps generating, there's nothing we can do with the price, it keeps sinking the price to the dip dept or declining. I never hold this coin because I know it's pure hype when the price will increase, if it will increase, for sure Elon Musk did something.
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Oshosondy
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April 06, 2022, 09:39:14 AM |
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Is doge still path to 1$ ? How fast it gona be so ?
It can take time, but one day, doge will reach $1. The marketcap for doge to reach $1 is achievable. From $0.002 in 2020, doge price rose to over $0.7 in 2021, just less than $0.3 to reach$1. It is very possible. I expect doge to reach $1 after the next bitcoin halving which may lead to many altcoins to reach ATH. Even the fastest prediction won't say that Dogecoin is going to be at $1 soon. I doubt it that it will eventually be there although the market is very fluctuative and unpredictable.
It may not be soon, but a great bull market is still coming in a way cryptocurrencies will reach ATH, in that time, doge should be able to reach over $1.
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whiteblue
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April 06, 2022, 09:44:19 AM |
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Is doge still path to 1$ ? How fast it gona be so ?
Dogecoin is still generally running as a regular coin in the market, but I never thought that it would go towards the $1 price in the market although it is not impossible to happen, but it is more remembering of the fans who are no longer growing on Dogecoin and Dogecoin developers themselves are also no longer working hard at building new stuff on Dogecoin, so I don't think Dogecoin is running for $1 right now.
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Daodex
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April 06, 2022, 09:44:52 AM |
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Your prediction might not happen in 2022 until 2025, the last dogecoin ATH was 0.77$ that's almost 1$ already, look forward to a few years more before dogecoin can make a new ATH again because I suspect that the bear market is already very near.
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Irazzzta
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April 06, 2022, 12:02:41 PM |
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$1 doge will be possible in the next few years. but the movement will be slow to follow the price of Bitcoin, but that price can be reach if Elon Musk influences people again to buy doge like he did last year. especially now that he owns Twitter company shares, maybe there will be a collaboration in utilizing the use of doge on Twitter which will increase the price of doge.
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andyou1234
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April 06, 2022, 04:09:03 PM |
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I think that with the improvement of the crypto market this year, the price of Doge will increase as well, but I don't think that the price of Doge will reach $1 this year, considering that Doge is a memecoin that has been pumped high a while ago, so Doge takes a time and process long a little long to grow compared to other coins.
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||bit
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April 06, 2022, 04:18:53 PM |
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No may be next year.After the huge pump in the doge price.The price was attained the saturation.The price of doge was not increasing huge now,because the marketing of Elon musk on doge was stopped.After that unique strategy by dogecoin team failed.The price started to reduce and many investors had fade away from the doge was sad one.So we expect 1$ next year only.
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el kaka22
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April 06, 2022, 09:08:23 PM |
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I feel like 50 cents is not that much possible at all. I get that it could happen, if there is a big bull run then we could see a 50 cent price reached, but I feel like even on a big bull run, something that is 3x and even more than that could possibly not happen. This is why I believe that we should avoid doing anything like investing heavily into doge just because you believe it will go to 50 cents.
Maybe it will be 20, maybe 30, but that's about it even on the best circumstances in my mind. If people invest heavily into things that are unlikely to go that high, then I have to say it is going to upset many people for sure. Just put a small amount with the hopes of a 50% increase at best and you will be more prepared.
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asriloni
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April 06, 2022, 09:38:35 PM |
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Is doge still path to 1$ ?
doge is not. The hype has gone and this time doge coin can only stay on its value when it will always be going up or down. In my opinion that if the doge coin is looking for the hype again to make it possible to go to the $1 How fast it gona be so ?
Not so fast until elon will sell all of his stock and used it to buy doge coin from the market. That will make doge coin to go to the $1 instantly or even in a few seconds.
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fara_buduk
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April 06, 2022, 09:58:23 PM |
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Is doge still path to 1$ ?
doge is not. The hype has gone and this time doge coin can only stay on its value when it will always be going up or down. In my opinion that if the doge coin is looking for the hype again to make it possible to go to the $1 How fast it gona be so ?
Not so fast until elon will sell all of his stock and used it to buy doge coin from the market. That will make doge coin to go to the $1 instantly or even in a few seconds. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) i agree with you because doge is elun musk and elon musk is doge so for 1$ we just wait for Elon to make a pinch that makes the doge run otherwise he will stay like that...
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jossiel
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April 06, 2022, 10:50:39 PM |
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Even the fastest prediction won't say that Dogecoin is going to be at $1 soon. I doubt it that it will eventually be there although the market is very fluctuative and unpredictable.
It may not be soon, but a great bull market is still coming in a way cryptocurrencies will reach ATH, in that time, doge should be able to reach over $1. We shall see it happen. And whoever holds by that time and bought at this current rate, you guys shall enjoy your profit. But I'm really thinking that it won't happen the soonest that I think about it. The chance currently is low but yeah, we don't know how high it can go back when another bull run confirms that makes bitcoin reaches another all time high then, Dogecoin shall also go up as btc.
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