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Author Topic: Can we see a huge rise in the price of Dogecoin ?  (Read 1072 times)
fullhdpixel
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March 10, 2023, 08:09:53 PM
 #81

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.
I think the reason why they buy Doge coin is because of Elon Musk who is hyping it. I only feel sorry for those who are late to sell their coin during the peak of Doge but maybe they are hodling and hoping the price will recover once we return to the bull run and once Elon Musk return on hyping the coin again.

Doge coin will remain to be a famous crypto even without the support of Elon because the coin has an interesting history or story. Nothing wrong in trying and this was still a perfect time to do it because the coin is still in dumped position. Speculators and Doge supporters targets 1 dollar for this coin because it failed to reach this last time.

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March 10, 2023, 10:24:37 PM
 #82

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.
I think the reason why they buy Doge coin is because of Elon Musk who is hyping it. I only feel sorry for those who are late to sell their coin during the peak of Doge but maybe they are hodling and hoping the price will recover once we return to the bull run and once Elon Musk return on hyping the coin again.

Doge coin will remain to be a famous crypto even without the support of Elon because the coin has an interesting history or story. Nothing wrong in trying and this was still a perfect time to do it because the coin is still in dumped position. Speculators and Doge supporters targets 1 dollar for this coin because it failed to reach this last time.
Most people did not realize that after the hype he could be taking everything and that would make the price plummet to the bottom. But since he's hyping it most people believed that it will pump again and would probably exceed the price but most of them didn't realize how vast the supply of Dogecoin that it's difficult to bring it to the price they think. Bitcoin on the other hand, has a limited of 21M supply that's why it's possible to grow even more and also with the support of the community.

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March 12, 2023, 11:33:45 AM
 #83

It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.

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Ludmilla_rose1995
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March 12, 2023, 01:16:46 PM
 #84

It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.
but the reality is like that, dogecoin investors buy dogecoin because of elon musk, but right now they are trapped and hope that dogecoin will return to ATH or pass ATH. we will not see the price of dogecoin rise again if elon musk doesn't make something new marketing about dogecoin.

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March 12, 2023, 09:31:09 PM
 #85

In my opinion, we should not pay much attention to such coins as Dogecoin, which rose from the dead solely by the will of one person. Unfortunately, there are no serious events related to Dogecoin at the moment. who knows what Musk will decide tomorrow? It is quite possible that he has already withdrawn his money from Dogecoin? then we should not expect much growth - moreover, $1
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March 13, 2023, 10:08:24 AM
 #86

I'm not sure Doge can rise significantly again, after Elon Musk looks like he doesn't care about Doge anymore, Doge's performance continues to decline, even when the market is rising but Doge can't rise, it takes top influencers or serious developers to be able to make Doge skyrocket again.


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March 13, 2023, 06:28:49 PM
 #87

I think anything can happen in the world of cryptocurrancy, but I'm not sure if Dogecoin will rise as significantly as before, considering this coin is a memecoin that fell very deeply after having high popularity, especially at this time Elon must, has ignored this coin,

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March 14, 2023, 03:20:45 AM
 #88

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 believe that if people had this type of community for some of the other projects, they would have been so much higher and that is the part that everyone is missing about doge and other meme projects. If meme projects gave all of their community to things like LTC for example, LTC would be a top 5 project right now. The reason why meme ones are not, is the fact that they are basically just a meme, that's it, that's not even enough for you to stay away from it?

It is enough for me to stay away from it, why would I invest my hard earned money into a meme? Makes no sense to me and some people still do it. There are other legit great project that should see this much love.

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March 16, 2023, 05:58:30 PM
 #89

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
Elon has been quiet on his usual crypto postings since acquiring Twitter, and I keep wondering if he has forgotten that his stance on some of the coins, particularly Bitcoin and Doge, has a significant impact on their pricing. If Doge must recover, its influencers must find new ways to promote outside of Elon.
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March 17, 2023, 07:42:20 AM
 #90

if you are willing to wait another years? then why not mate because we have seen this project growing for couple of times If My memory serves me well .
mostly like what you said , it is Elon Musk way to make this pump so best to learn and study your desire to put money in this ne.
though we have known Doge for years now and it stays in top 10 for couple of years as i remember.

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March 17, 2023, 08:11:27 AM
 #91

I think anything can happen in the world of cryptocurrancy, but I'm not sure if Dogecoin will rise as significantly as before, considering this coin is a memecoin that fell very deeply after having high popularity, especially at this time Elon must, has ignored this coin,
does it dropped badly? but what i can  see Dogecoin is still maintaining its position in rank 9-10 .

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

and seems to be increasing 14% as of today for the last 7 days means one thing that recovery is in the market now.


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
Elon has been quiet on his usual crypto postings since acquiring Twitter, and I keep wondering if he has forgotten that his stance on some of the coins, particularly Bitcoin and Doge, has a significant impact on their pricing. If Doge must recover, its influencers must find new ways to promote outside of Elon.
maybe he wanted for now to maintain His popularity as the acquiring of tweeter brings His company some noise recently .

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March 19, 2023, 01:54:45 PM
 #92

It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.
but the reality is like that, dogecoin investors buy dogecoin because of elon musk, but right now they are trapped and hope that dogecoin will return to ATH or pass ATH. we will not see the price of dogecoin rise again if elon musk doesn't make something new marketing about dogecoin.
That is the mistake of some investors who depend only on Elon Musk. Even if they understand that if an altcoin experiences a price increase only depending on the figure of someone like Elon Musk, then in the end they will be trapped in a loss. The good coin doesn't depend on one person. but how about interest in many people and have strong fundamentals.

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awik p
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March 21, 2023, 06:54:19 AM
 #93

It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.
but the reality is like that, dogecoin investors buy dogecoin because of elon musk, but right now they are trapped and hope that dogecoin will return to ATH or pass ATH. we will not see the price of dogecoin rise again if elon musk doesn't make something new marketing about dogecoin.
That is the mistake of some investors who depend only on Elon Musk. Even if they understand that if an altcoin experiences a price increase only depending on the figure of someone like Elon Musk, then in the end they will be trapped in a loss. The good coin doesn't depend on one person. but how about interest in many people and have strong fundamentals.
whereas what Elon Musk is waiting for is of course investing to make a profit, while he has already brought in a lot of money from the previous bullish. therefore is it possible that Elon Musk will come back again for Doge. no one knows about it, but if we have been trapped in the previous bullish price, it means that we are still faithfully waiting for Elon Musk. but we can see in the next bullish season, whether there will be a breakthrough from the doge as the parameter

asrinur
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March 21, 2023, 11:03:09 AM
 #94

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.
Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5. But we shouldn't expect much from Elon Musk to boost the dogecoin price increase like it has done before. Moreover, Elon Musk's tweets often invite controversy and it is even very difficult to see his seriousness in adopting Dogecoin as a means of payment in his company.

litepool.ru
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March 21, 2023, 01:05:43 PM
 #95

Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5. But we shouldn't expect much from Elon Musk to boost the dogecoin price increase like it has done before. Moreover, Elon Musk's tweets often invite controversy and it is even very difficult to see his seriousness in adopting Dogecoin as a means of payment in his company.
Actually the problem is that it will create hype again and everyone will come together to push its price up, I am not sure about the new ATH but I think the dogecoin case is also interesting because it has a very large community. And in my opinion it will need to get rid of the memecoin tag itself, and get hyped up from the bullshit to build a better product application system. I'm not sure when I will buy dogecoin again but personally I will keep an eye on dogecoin throughout the investment process.

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March 21, 2023, 02:20:13 PM
 #96

It's not advisable to invest much money on Dogecoin this season because, the price is too low compared to Ethereum and Solana which their price is more reliable to earn well in the future than Dogecoin. Despite, Elon musk invested on Dogecoin some years ago doesn't mean he will make the price of dogecoin to go up speedily because, he is just an investor like me and you in the community. Based on what I observe from the Dogecoin price in the month of January make me to slow down this year 2023 because, the price will not increase higher but there will be massive pumping next year 2024.

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March 24, 2023, 10:08:31 PM
 #97

Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5...

You can also dream about the price of bitcoin at 1000000 dollars or ETH at the price of 10 thousand dollars. You should understand that the cryptocurrency market can fulfill even the most incredible desire. Nevertheless, when calculating your desires, you need to use Circulating Supply coins and the total capitalization of the cryptocurrency market.

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topman21
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March 28, 2023, 02:47:47 PM
 #98

Definitely could see a huge spike in the price of Dogecoin if Elon Musk were to launch a deal with his Tesla company. But as a future plan, Elon Musk has a big hope of launching Dogecoin transactions with his company. But for those of you who are more interested in investing, I mean you can buy some Dogecoin and keep investing. Maybe when the market position improves, Elon Musk can make a good announcement and the price can go up a lot.

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mdzahed134
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April 23, 2023, 03:44:30 AM
 #99

Doge coin is a meme coin which is totally manipulated by Elon Musk, you know it’s price increase or decrease both of depend of his tweets. So, i think it’s not worth investment for the future. If Elon Musk accept it as micro payment in Tesla then high possibility to hit 1$+ in new ATH but it’s not guaranteed.

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April 29, 2023, 05:52:59 PM
 #100

Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5. But we shouldn't expect much from Elon Musk to boost the dogecoin price increase like it has done before. Moreover, Elon Musk's tweets often invite controversy and it is even very difficult to see his seriousness in adopting Dogecoin as a means of payment in his company.
Actually the problem is that it will create hype again and everyone will come together to push its price up, I am not sure about the new ATH but I think the dogecoin case is also interesting because it has a very large community. And in my opinion it will need to get rid of the memecoin tag itself, and get hyped up from the bullshit to build a better product application system. I'm not sure when I will buy dogecoin again but personally I will keep an eye on dogecoin throughout the investment process.
Correct. I am also not sure if dogecoin will reach new ATH again. Moreover, in the past, not many people were interested in investing in this coin, but suddenly when Elon Musk came with his tweet, the price of Dogecoin soared so that many people flocked to invest.
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