Can we see a huge rise in the price of Dogecoin ?

[TheUltraElite]

Dogecoin is already a much popular and huge potential coin. And it has a huge possibility to pump hard like before. So anyone should invest for time on it. And Elon Musk is also a Dogecoin promoter. So it will pump more in future.

Just like you can talk about any coin being a popular and potentially good coin, it does not prove a thing. You would have to back it with evidence meaning charts that show the gradual growth and use of doge as compared to other currencies.

Just because a celeb promotes it does not mean its growth is natural. Today nobody can predict what can happen to a person tomorrow. God forbid but maybe one fine day you will find your fav celeb dumping their coins and moving to something new leaving you hanging. Creating fake demand on the crypto market is easy for influential people but how to handle that to make money is another ballgame.

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[Antonas1]

Elon Musk is a big supporter of Dogecoin and has promoted it multiple times. Now he also owns Twitter where he has many times pushed different crypto projects and caused big fluctuations in the price of different crypto coins.

No, he is not a supporter of Doge or other coins. He's just looking for a profit from every coin he buys. Doge is one of them.

So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ?

As long as lots of people believe in Elon and love him, Doge's price will always be controlled by his words.

Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past?

Just do your own research, don't put your hopes on Elon, even if you want to buy Doge.

Which side are you ?

I don't care what he says.

[BD Crypto]

I am sure about Dogecoin that it will have t new all time high when it will be manipulated by crypto influencers. So elong musk can again influence Dogecoin and it will obviously happen as it happened several time. So we can hold some Dogecoin early. It will make us surely a good profit.

[iv4n]

I am sure about Dogecoin that it will have t new all time high when it will be manipulated by crypto influencers. So elong musk can again influence Dogecoin and it will obviously happen as it happened several time. So we can hold some Dogecoin early. It will make us surely a good profit.

Well, what happened once can happen again. Elon with his deep pocket and his army of faithful followers can move mountains as we could see. But it's still gambling, will they pay attention to Doge again? Maybe they will move to some other coin?

Anyway, I wouldn't dare to invest more than I can truly afford to lose in this case. I wouldn't be surprised if we see Doge at the new ATH, that can happen, but what are the odds?

[mich]

I think I’ve officially changed my tune on Doge coin. I never took Doge that seriously in the past because of its origins as a meme coin. However, when the richest man in the world supports a coin and has consistently been championing it I have been reconsidering.

I’ve been following Doge now and am definitely looking for a good entry point. I have some fiat and I think I’m going to diversify and pick some up. I have to admit at the end of the day Musk’s endorsement means a lot to me.

[Semar Mesem]

Doge has always made surprises since Elon Musk invested in Doge, before Doge could be said to be almost dead because he was ranked below 100, but after Elon Musk actively invested in Doge, everything changed drastically, I also invested in Doge and its current value is around $372, the last time I bought it a few days ago when the price was 9 cents, and of course I will sell when it is at least 100% profit.

[sulendra12]

So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ?

Yes, that's possible. Elon musk already marked as a promoter of Dogecoin ever since before he claims Twitter, he'd promote other cryptocurrency besides Dogecoin because he has power to do so. But how does people react into this? That's a different question to ask as it may differ between each crypto he decides to promote.

Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later?

I don't recommend that ever. You could buy it at the time Elon announces something Dogecoin if you know about the RISK but still most of the people doesn't want to take a risk because of meme coins.

[justdimin]

I think I’ve officially changed my tune on Doge coin. I never took Doge that seriously in the past because of its origins as a meme coin. However, when the richest man in the world supports a coin and has consistently been championing it I have been reconsidering.

I’ve been following Doge now and am definitely looking for a good entry point. I have some fiat and I think I’m going to diversify and pick some up. I have to admit at the end of the day Musk’s endorsement means a lot to me.

You are a bit too late if you are going to start caring about it now because of Elon, I mean he showed interest a year or so ago, and even before that, but now he hasn't shown any interest in it for a long time.

In fact, dude is interested in twitter so much that I am not even sure if Tesla or SpaceX is getting the same amount of attention. Obviously "he" owns twitter, not a huge group, whereas he owns only a part of Tesla and that could be the reason. All in all there is nothing on his plate about dogecoin at all, we should not be expecting him to pump it up. And that is the main problem isn't it? Investing into something with hopes that someone famous would tweet about it.

[Hildentine]

In this case i said that its possible we see huge pump in Dogecoin because the supporter of Dogecoin is very strong and they work very hard so its high chance Dogecoin pump soon and the Elon musk already say that they work on Dogecoin and he is interested in this coin and many people hear this news so they invest in this coin so its possible we see the huge pump.

[Kelvinid]

In this case i said that its possible we see huge pump in Dogecoin because the supporter of Dogecoin is very strong and they work very hard so its high chance Dogecoin pump soon and the Elon musk already say that they work on Dogecoin and he is interested in this coin and many people hear this news so they invest in this coin so its possible we see the huge pump.

They are not working hard, they are just waiting for Elon Musk to hype this project again but I doubt if this will happen.
Though I know that Dogecoin still gains support from some investors, however, it was not the only thing we consider to see the price will pump high.

Did Dogecoin place some significant role in the market? Well, I don't think so and this is one reason why many investors neglect to support this project. But on the other side, I'd never think this coin will die and of course, price increase is also possible during Bullrun but not like those days where Elon Musk shilled it.

[asrinur]

No one can predict with certainty the large increase in the price of Dogecoin. Even though Elon Musk is a supporter of Dogecoin, we never know what his plans are going forward. Moreover, Elon Musk has caused a lot of controversy on Twitter, so it is difficult to predict what plans will be carried out in the future with Dogecoin.

[pgbit]

Elon Musk is a big supporter of Dogecoin and has promoted it multiple times. Now he also owns Twitter where he has many times pushed different crypto projects and caused big fluctuations in the price of different crypto coins.

So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ? I have observed some increase in prices already but will it continue for long run ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?

Before investing in Dogecoin or any other cryptocurrency, it is crucial to do your own research and assess your risk tolerance. You should never invest more than you can afford to lose and always consider diversifying your portfolio.
I am agree with you Elon Musk has promoted Dogecoin on several occasions and has caused fluctuations in the price of different cryptocurrencies through his Twitter account but, it is important to note that Musk's tweets should not be considered as a guarantee of long-term price stability or success. While Musk's tweets can have a short-term impact on the market

[swogerino]

No one can predict with certainty the large increase in the price of Dogecoin. Even though Elon Musk is a supporter of Dogecoin, we never know what his plans are going forward. Moreover, Elon Musk has caused a lot of controversy on Twitter, so it is difficult to predict what plans will be carried out in the future with Dogecoin.

I think the support of Elon Musk is largely out of the equation within the Dogecoin hodlers,they are keeping the coin as they most likely found their way sucked in after the first support of Elon Musk which truly gave Dogecoin back then a huge increase in price and many people who were holding such coins for fun,found themselves overnight millionaires and that is why this coin is still popular.

New people seeing those persons make a fortune thought that they can do it too and started investing in Dogecoin by accumulating a lot of it.The price though now remains in the hands of fate/luck as we don't know how it will be,but I have hopes that the next bull run can make this coin go to 1 as it was to 0.70 in the last all time high.

[maydna]

Elon could have used his Twitter ownership to drive Dogecoin's price, which would have been easy for him. And without the pumps or tweets that people like Elon are doing, I think it would be very difficult for Dogecoin to go as high as it did before. Maybe Elon is planning something for Dogecoin, but it looks like Elon is also paying great attention to other coins like Shiba. If you want to bet with Dogecoin, I think you should only use the money you can afford because we don't know when Dogecoin will increase and what the highest price will be. But we shouldn't rely on Elon because there are many other potential coins that we can choose to make a profit.

[ichsan ardi]

Elon Musk is a big supporter of Dogecoin and has promoted it multiple times. Now he also owns Twitter where he has many times pushed different crypto projects and caused big fluctuations in the price of different crypto coins.

So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ? I have observed some increase in prices already but will it continue for long run ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?

it's possible for me that elon musk pushes the price of doge by using his twitter ownership not only twitter maybe elon musk uses doge for tesla payments which he has already planned. but we can't rely on elon musk even though he is a very influential person in our world always analysis and research first because the crypto market is very dynamic.

[DOH!]

So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ? I have observed some increase in prices already but will it continue for long run ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?

We are still in a speculation. My own thinking is that Elon could use Doge as a means of payment for Twitter, totally possible if he wants to continue supporting Doge but also understand, the supply of Doge is unlimited. In a precipice of external inflation, nothing expected it to come. Hence I think that bullish momentum for Doge just because some people expect action from Elon is completely unrealistic.

[jacafbiz]

For now, the tweet influence of Musk's tweet on the price action of Dogecoin continue to wane, if you look at it, the price continues to dump even after several attempts by him to influence the price, but token like Mask has continued to surge in price. I think it would be in the best interest of the Dogecoin community to try and move away from Mush because he says one thing and do another, I don't see him listing or accepting Dogecoin on Twitter to pay for services

[TheGreatPython]

Elon could have used his Twitter ownership to drive Dogecoin's price, which would have been easy for him. And without the pumps or tweets that people like Elon are doing, I think it would be very difficult for Dogecoin to go as high as it did before. Maybe Elon is planning something for Dogecoin, but it looks like Elon is also paying great attention to other coins like Shiba. If you want to bet with Dogecoin, I think you should only use the money you can afford because we don't know when Dogecoin will increase and what the highest price will be. But we shouldn't rely on Elon because there are many other potential coins that we can choose to make a profit.

He has probably got better things to do first than to Tweet about meme coins to provide a pump for their fans. He probably only does that when he got a little bit of free time (Though I doubt if he ever gets free time.  ) but apart from that, he got big projects and companies to look after. So people who are only waiting for Elon to make it pump it should never buy in the first place.

Meme coins are only good for investing when they are released newly and have almost no value at all. You can accumulate a whole lot of it with just $10, and if your luck works, that $10 can convert to $100 or even $1,000.

[RealMalatesta]

Elon Musk is a big supporter of Dogecoin and has promoted it multiple times. Now he also owns Twitter where he has many times pushed different crypto projects and caused big fluctuations in the price of different crypto coins.

So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ? I have observed some increase in prices already but will it continue for long run ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?

I think Elon gave up on doge long time ago and all the people who are investing into doge just because there is an off chance that Elon could tweet about it are making a big mistake. Why would you want to invest into something that would only make sense if someone tweets about it.

Go ahead and sell all of your doge and end up buying bitcoin, that would be a lot better and it could give you the profit you are looking for. I am not saying that it would be the only thing that could make you profit, obviously we are going to see some other coins and tokens that could make you some profit as well, but I believe that we shouldn't really pick doge as one of those.

[ivankoh]

It is true that Elon supported Doge throughout 2021 and he barely mentioned any Doge related tweets.  The last time I remember he was posting shiba dog patterns with metaphorical messages.  Either way, I think this doesn't prove what he's going to do with the Doge on twitter.  Therefore, I guess there is not much bullish outlook for Doge.  The current energy crisis will promote artificial green energy instead, when bitcoins are mined with that green energy, chances are that Elon will take bitcoin to twitter at least that's my argument