Will DOGE go back to sub $0.01 prices ever again?

[tvplus006]

...It is very possible for us to see doge again even below $0.01 and it might happen this year.

It makes no sense to dream of such a low price for a Dogecoin, since it can only depend on the general state of the cryptocurrency market. In this case, you can dream that the price of bitcoin will drop to $1000, and then at such a BTC price, the value of Dogecoin may drop below $0.01.

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[slaman29]

Doge plummeting to $0.01 will be a buying opportunity for crypto investors. I wouldn't be worrying if it goes to this price because this would mean the Doge the dumpers are selling will then belong to worthy holders.

Doge is just like BTC, it was once zero too. And its also decentralized like No CEO because he sold all he got and its nownup to the community to make things happen.

Crypto speculators you mean. I don't think anyone can properly say that doge is an investment. Not even a risky one because you invest in something that has intrinsic value. I love DOGE don't get me wrong but I know it's a pure memecoin and we shouldn't pretend it's anything other than that.

Doge isn't as decentralized as BTC tho. They have very few devs who take all the decisions and very big bagholders.

[Teraboy]

Judging from the popularity of DOGE which has started to grow again, I think the price of $0.01 is very likely to be achieved, especially now that DOGE's development is very convincing, where DOGE can survive against a very chaotic market like now, and its stability gives a strong signal if DOGE will grow as crypto market conditions improve.

it has already reached the threshold of 0.01 the question is whether it could be losing its value and went sub 0.01.
I'm pretty sure that it could since honestly doge has no real fundamental backing it aside from elon shill.
even right now doge could hardly contain the current trend and losing majority of its value. Eventually it gonna go as far as sub 0.01 since it has already losing its fame slowly.

[kasunrandil]

 i am not a doge coin lover. but there is something i know about dogecoin. doge has well established as a meme coin. acctually speaking it is more than a meme coin now. it was lifted up by world famos people and influencers.  i think doge has a big community such as xrp army . some coins come to market then pumping like crazy. then dumping the same and forgtton by people and traders. but doge isnot so. for example look you are still talking about doge. most of crypto related people has  memories with dogecoin. i entered to cryptocurrency sector 2018 and since then i am using dogecoin for some reasons and will be. $0.01 is not possible sir. we cannot say exactly that wont happen because nothing is impossible in crypto . but most probably doge will not go  back to $0.01.

[Henrobakkara]

The time when Elon tweets influence the price have passed i think, this is also the reason why there is a frantic increase in utility by the dogecoin dev to sustain the artificial price pump, this coin was not created to have a real utility but thanks to Elon's influence it surge higher than many ever expected.
But bear market is no respecter of anyone (Elon Musk or not) the possibility that doge will go back to that price is very likely considering the bear market still persist, investors are looking for projects with real utility and great demand for price sustainability during period like this.

Got that right. The reason for that price boost as you mentioned was because of Elon Musk and we can see that after that initial influence on the Dogecoin price, subsequent tweets from Elon didn't really have any more effect on the price and I don't think Elon Musk can have that price effect again and generally, I don't see Dogecoins price hitting that previous ATH let alone crossing it for a long time even after the bear market.

[doomloop]

I'm wondering if DOGE will go back to sub $0.01 prices ever again? If it never does, will that mean DOGE will someday go all the way to $0.50 per coin? I'd like to know your thoughts about this. Your input will be greatly appreciated. Thanks in advance.

Before the terra scandal happened, Elon musk is already silent. I don't know why but maybe because he is done with the coin. The bear and scandal then came and the latest one is Elon being sued for hyping the meme coin. This worsens the situation for doge and this makes Elon became silent even more because he is also scared about his security.

I know he is rich but there might be other rich personalities out there that are willing to take him down if he kept on doing the same act. It's not the coin that change hands but it was the people. They realized the coin that they support the most are now dead and can't recover anymore so they will start looking for alternatives.

[Lagduf]

It is very possible for us to see doge again even below $0.01 and it might happen this year.

Once bitcoin dumped to the 10k and it may happen. So, as long as bitcoin is not yet dumping so hart and that will be fine for doge coin. The price movement is tied with bitcoin. This time everything is following what bitcoin does. There's no doubt if bitcoin can make the doge coin to go back again to the 1 cent sub again. nothing impossible. It can make doge coin going down from above 10 cents to the only around 3 - 4 cents today

[Abiky]

I don't think Elon is the type of guy to let his investment go to shit. Dogecoin has been my biggest hold for all of this year as it is the best coin to actually be used as a currency. BTC is too slow and ETH is too expensive; DOGE is just right for transacting. Plus, you can also use it to make NFTs for super cheap.

Dogecoin's price will stay afloat as long as Elon Musk is holding and supporting it. The moment Elon Musk abandons Dogecoin for the next big thing will be such when market prices will go all the way down the drain. I've always loved DOGE not because it's cheap, but because of the friendly and vibrant community behind it. No matter how much DOGE will be worth in the future, it simply won't disappear because of strong community backing. The thing about NFTs on Dogecoin is new to me, but could be quite revolutionary (especially when TX fees are dirt cheap). Who knows if the next bull market will pump DOGE's price all the way up to $0.50 and above? Just my thoughts

[fuguebtc]

In recent tweets, Elon still claims to continue to support Doge after being denounced by investors. Dogecoin could still get worse, but it won't die, that's all I can say. Although it was a meme, it existed in the market before many of today's alt coins. Doge not a meme that gets people's attention until Elon mentions it, if Elon doesn't support it anymore then the end point could be that doge going back to where Elon wasn't there.

In that case, Doge will remain though it has lots of critics as long as Billionaire Elon Musk is behind it, it won't go down so easily. Though it's hard to believe Dogecoin still exists and remains strong nowadays, we will always judge its current market price, and right in front of our eyes is the evidence. Maybe Elon Musk is not really trusted when it comes to altcoins commentaries but when it comes to DogeCoin he is the main person you want to hear if you really want to know its future.

As long as Elon continues to support Doge, it will be very difficult for Doge to get back $0.01. There is no doubt that Elon Musk will not let his investments disappear so easily, he will take action to protect them.

Amazing, this is one of few topics were someone expect price to go down and it sounds real. In my opinion, the possibility for dogecoin price to drop to 1 cents is more likely than its price hits $1.
I also expect no dogecoin pumps in the future. As meme coin trend is dead, Elon Musk has switched to other business that crypto, or it seems he has no interest in it at all right now, I dont expect any natural price growth.

The meme trend never ends, I assure you of it, we are in a bear market and all coins are down including top coins. I am also not a fan of memecoins, but it is clear that they play a crucial role in attracting investors into the world of cryptocurrency.

[Tellek Garing]

...It is very possible for us to see doge again even below $0.01 and it might happen this year.

It makes no sense to dream of such a low price for a Dogecoin, since it can only depend on the general state of the cryptocurrency market. In this case, you can dream that the price of bitcoin will drop to $1000, and then at such a BTC price, the value of Dogecoin may drop below $0.01.

It is not about dreaming it is about the possibility in cryptocurrency space. We have seeing people investment been wiped out before especially 2018 and 2015. Doge is a mene token and people hold it because of it speculative value and not assets value and at that it is fear and Greed that determines it price. It can get below $0.01 and also be above $1 at any time depend on who has upper hand between the fear and Greed.

[bakasabo]

Amazing, this is one of few topics were someone expect price to go down and it sounds real. In my opinion, the possibility for dogecoin price to drop to 1 cents is more likely than its price hits $1.
I also expect no dogecoin pumps in the future. As meme coin trend is dead, Elon Musk has switched to other business that crypto, or it seems he has no interest in it at all right now, I dont expect any natural price growth.

The meme trend never ends, I assure you of it, we are in a bear market and all coins are down including top coins. I am also not a fan of memecoins, but it is clear that they play a crucial role in attracting investors into the world of cryptocurrency.

I really doubt that "meme trends never ends". People interest has already switched from meme alts to NFT, then on metaverse mania and now everyone are crazy from move to earn projects. Question yourself, when the last time you have seen people advertising meme alts with silly name as "animal name" + "inu/shibu/elon/musk/coin" affix ? When the last time you have seen on coinmarketcap such altcoins in daily gainers ?

[$anounimus$]

I don't know if DOGE prices will go up or down in the future, but I've definitely seen a lot of volatility with prices lately. DOGE's next high could be much lower than its current price of $0.068.

If you look at Elon Musk's dream to make Doge an interplanetary cryptocurrency to support the interplanetary commerce mission. DOGE-1 will be a very important event for DOGE.

Anything can happen with Dogecoin. I would imagine that ATH $0.74 will be crossed and is still a likely scenario at some point in the future, but who knows what will happen if there is another sharp spike in price.

[skyland999]

I don't know if DOGE prices will go up or down in the future, but I've definitely seen a lot of volatility with prices lately. DOGE's next high could be much lower than its current price of $0.068.

If you look at Elon Musk's dream to make Doge an interplanetary cryptocurrency to support the interplanetary commerce mission. DOGE-1 will be a very important event for DOGE.

Anything can happen with Dogecoin. I would imagine that ATH $0.74 will be crossed and is still a likely scenario at some point in the future, but who knows what will happen if there is another sharp spike in price.

Since it's didn't have any real use case so we only expect some short run like before when musk and other public figure tweeting it.

[Psynthax]

Since it's didn't have any real use case so we only expect some short run like before when musk and other public figure tweeting it.

There's no guarantee with the elon's tweet will be making another noise for the doge coin again. People got hyped caused by GME traders were also moving to the doge coin but since those people aware if that was just pump and dump, im sure that the big pump will not happen again.

So many lessons have been learned by bunch of people who have been loosing a lot caused by they were buying doge coin at the peak price.

[Doell]

Honestly, I hoped the price of Dogecoin was below $0.01 then bought more of this meme to save, but today it increased to the range of $0.07 my hopes are dashed because Anyway Dogecoin is also supported by several large company including business entrepreneurs Elon. I believe Dogecoin will be above $0.1 up to $0.2 when Bitcoin starts hitting new ATH later, maybe it could strengthen even more

[Reid]

As long as there's a billionaire backing it up, it's possible. He had been mixed up in the Johnny Depp case and yet that doesn't impact the value of Dogecoin.
But that's the scary part there. If this billionaire guy decided it's time to give it up.
I wish not although I am not a supporter or an investor of the said coin because I know a lot of small investors will be harmed by that incident.
Let's see once Bitcoin gets a pump, maybe it will ride the wave.
Wait, $0.01 or $0.1?

[virasisog]

As long as there's a billionaire backing it up, it's possible. He had been mixed up in the Johnny Depp case and yet that doesn't impact the value of Dogecoin.
But that's the scary part there. If this billionaire guy decided it's time to give it up.
I wish not although I am not a supporter or an investor of the said coin because I know a lot of small investors will be harmed by that incident.
Let's see once Bitcoin gets a pump, maybe it will ride the wave.
Wait, $0.01 or $0.1?

Billionaires who are backing it up will also use Doge for their own benefit. They could manipulate it and might use big personalities again to the hype and attract more investors. Doge has been manipulated since Elon started it. I guess it could reach that value because there are still a huge number of investors that support it.

[BIT-BENDER]

I am not positive nor bullish about Dogecoin, I have always have this skepticism toward Dogecoin, even at the time of their massive price surge I still consider them not a solid coin, I know many would think other wise and with it market record it may seem like I am the one that’s wrong, but checking the foundation Dogecoin rose from you would see it was under an influence with was from Elon musk, and any coin that rose from an influence can still go down by that same Influence, so I still consider the coin risky to hold for long term.

[Jody.Drummer]

Honestly, I hoped the price of Dogecoin was below $0.01 then bought more of this meme to save, but today it increased to the range of $0.07 my hopes are dashed because Anyway Dogecoin is also supported by several large company including business entrepreneurs Elon. I believe Dogecoin will be above $0.1 up to $0.2 when Bitcoin starts hitting new ATH later, maybe it could strengthen even more

It is undeniable that the Doge coin market is very able to withstand the heavy downturn. Although now the price is getting cheaper again, it is difficult to predict that the people behind the Doge coin are people who are able to pump in a short time. It is evident every time Doge coin rallies we are like missing the train. expect $0.01 is still possible and we can more freely buy in bulk. The price at the time I typed $0.07 was following the Bitcoin rise. This is a big reference that the Doge coin market can still be taken into account by traders.

[Number6]

Yeah, it can and probably will. Won't happen right away, maybe next year which I think will be the real bear market.

No point worrying too much about it now, if it drops under $0.005 (half a cent) I might consider loading up some. Just remember there is a lot of Doge out there and a lot more being mined everyday.