Doge can it go 1$

[Warkop]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.

[lixer]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.

But, what do you expect in a meme coin? They don't have a good use case so the interest of the people to buy them is less therefore their growth is also slow but Doge supporters should not be disappointed on Doge anymore because Doge coin already show its biggest break and that is when it killed a lot of zeroes in its price but I think that is not possible if without the help of Elon Musk.

This is why lots of Doge coin supporters are praising Elon much for what he have done for the coin. It was actually not early if people expect for Doge to reach one dollar because it's been a long time since its value almost hit this price but it fail for some reasons.

[Ludmilla_rose1995]

Doge can go 1$ many people waiting that.

I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.

[Woodie]

Doge can go 1$ many people waiting that.

At this point with its number one fan Elon Musk not hyping the coin anymore... I honestly don't see this to be possible, and not to mention the huge coin supply that makes it difficult for price to raise to that dollar mark... Its almost mission impossible, maybe if bitcoin hits $100k then it can ride on bitcoins success.

Doge can go 1$ many people waiting that.

I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.

Agreed, the huge supply is obvious but I also think meme coins are no longer the talk of the day which doesn't help build demand for dogecoin.

[royalfestus]

Doge can go 1$ many people waiting that.

In this market, meme coins need to be handled carefully. It is possible that they have worse cases. There is still no better way to manage market risk than to have a large number of bags with a small token proportion. As it works, there will always be a project that will cover losses caused by other tokens. 

[monineklutak]

Doge can go 1$ many people waiting that.

I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.

If you look at Dogecoin at the moment, where the development is also not very visible, of course it would be difficult to hope to touch $ 1,
but somehow we can not underestimate it,
what is clear is not easy for Dogecoin to reach $ 1 and let's see what will happen in the future.

[Inspiron14]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

don't worry, Doge holders have spread all over the world, so there will be a time when Doge will be victorious again,
especially remember Elon Musk? yes he is one of Doge's holders too so don't worry Doge will go to $1 when the time comes, maybe even $2.
because Tesla has big plans for Doge to fly to mars.

[CryptoYar]

Doge can go 1$ many people waiting that.

I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.

132 billion? This is nothing ! It will increase with time as there is no supply limit of this coin.

Every minute, a new block is produced on the blockchain, allowing 10,000 DOGE to be released. This means that every day 1.44 million are created. Furthermore, the total amount of DOGE in circulation will be unlimited.

source: primexbt

Although it is fork of bitcoin but there is nothing like halving that cuts the miner reward to lower amount of new doge coins entering the circulation supply.

[tokeweed]

Doge can go 1$ many people waiting that.

one need to be carefull with meme coins in this market. There could be worse cases with them,

But then again, memecoins could give the bearer of these coins some of the most massive returns they'll ever get at their time of dabbling in crypto.  You just have to know when to get in them and when to see them.  And it's really starting to look like these times now are starting to look like the time to get in. 

Don't take that as financial advice tho.  Playing with these things are a gamble and if you don't want to gamble then just  stay with BTC, XMR or just keep all your money in your bank account.

[Abiky]

I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.

In crypto land, anything's possible. Even though Dogecoin's economical model tells us the cryptocurrency should decline in value over time, there's nothing stopping people from "pumping" it all the way to the moon. Hype would make DOGE reach a new ATH in price, albeit for a short period of time. If DOGE went close to $0.70, then it can easily go to $1 in the future. Just wait until the market turns bullish again for this to happen.

Ultimately, it's all about utility (not the price). Dogecoin was created as a fun cryptcurrency anyone can use worldwide for micropayments. By having an ever-growing supply of coins, prices can remain low and accessible to anyone. I'd say DOGE is great for experimenting, when you really don't want to break the bank. No one can predict the future, so we can only hope for the best. Just my opinion

[tokeweed]

^  What 'economic model'?  Are you talking about the supply?  Ok...  Yeah sure but think about this, if it's solely about the 'economic model', then why are there other coins that have limited supply, that's even more under 'serious development' than DOGE, have less market cap than DOGE?  It's all about the demand because it's the demand that dictates how high it goes.  And sure, DOGE's demand is the product of the hype behind the coin.  But then again almost everything in crypto has to do more about hype than anything else.  That's why my new thesis on how to make the most you can in the next bull market is all about coins with doge logos.  

All doges...  Tokens, NFT's, everything!

[btc78]

Doge can go 1$ many people waiting that.

I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.

If you look at Dogecoin at the moment, where the development is also not very visible, of course it would be difficult to hope to touch $ 1,
but somehow we can not underestimate it,
what is clear is not easy for Dogecoin to reach $ 1 and let's see what will happen in the future.

Doge will come that price but the question is when?  it will not happening today , not tomorrow , and of course not this year.
but with Elon Musk backing this ?
i know that one day ? this will come that far and will be on the line to  take a single Buck price.
congrats in advance in Meme coin supporters .

[mdzahed134]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.

I agreed it’s growth is slow because of it’s a very old meme coin and there are no such real use cases for the investors but surviving in the last few years, don’t forget what was the last ATH of DOGE coin, i won't be surprised if it goes up around 1$ again, it’s can be happen but of course it’s not easy to hit 1$.

[lepbagong]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.

I agreed it’s growth is slow because of it’s a very old meme coin and there are no such real use cases for the investors but surviving in the last few years, don’t forget what was the last ATH of DOGE coin, i won't be surprised if it goes up around 1$ again, it’s can be happen but of course it’s not easy to hit 1$.

if you look at ATH $ 0.7376 of course if the situation this year is no longer corrected and doge is still able to survive, the possibility of reaching $ 1 is not a difficult thing and can be pursued by doge. remember doge is a coin meme, which could at any time unwanted changes occur.
so that everyone is looking forward to this year, and is there any impact of the crisis that will actually make a difference or will it be corrected even more? don't look at the current situation which is indeed on the rise but this could be the start of a decline again.

[rodskee]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.

I agreed it’s growth is slow because of it’s a very old meme coin and there are no such real use cases for the investors but surviving in the last few years, don’t forget what was the last ATH of DOGE coin, i won't be surprised if it goes up around 1$ again, it’s can be happen but of course it’s not easy to hit 1$.

well the real use? maybe there are not but Doge had been around the gambling arena for how many years , I myself tries using this for many occasion until I lose all my coins and decided to stop using or even investing.
But I also knew that Dogecoin is one of the most trusted coins in this area and there are several Whales that still holds this.

[tokeweed]

^  And there's a tech billionaire who seems to have a soft spot for the coin.  All he has to do is sneeze DOGE's name and it and all other coins related to it goes up by a lot and doing a 5x in a couple of weeks...  I'm telling you guys, DOGE will bring about one of the most hilarious outcomes in crypto via increased market cap challenging the top coins.  And here's the thing, a lot of people in the space don't want it to happen because they want everybody to take crypto seriously.  But you know.. with everything that went on for the past year, it's really hard to take it seriously...

[Ludmilla_rose1995]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.

coin circulation is what really affects the price while dogecoin has a large supply besides that we don't hear of dogecoin being used en masse for what. the issue that Tesla will accept Dogecoin as an alternative payment makes the price skyrocket but it's just a hoax so the price of Dogecoin can't penetrate $ 1.

[fzkto]

Doge can go 1$ many people waiting that.

Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.

coin circulation is what really affects the price while dogecoin has a large supply besides that we don't hear of dogecoin being used en masse for what. the issue that Tesla will accept Dogecoin as an alternative payment makes the price skyrocket but it's just a hoax so the price of Dogecoin can't penetrate $ 1.

I think that in the crypto world nothing is impossible. At the last bull market doge was worth $0.8. And no one thought at the time that it could be used in Twitter or Tesla would start accepting it to pay for purchases. There was just a huge manipulation of the price. Now a doge is worth about $0.1, so a $1 price doesn't seem impossible.

[Gladitorcomeback]

cryptocurrency users doesn't have any knowledge about it because future is unforeseeable. Lots of people just imagine about the future position but have no clue about its enhancement or minimizing cost.

But the way I am thinking is that it is not possible for Doge to reach the price of 1$. I also believe that if winning is your luck then undoubtedly it will go up but what I want to say is that nobody has the potential to know about the market position in coming months.

[Abiky]

^  What 'economic model'?  Are you talking about the supply?  Ok...  Yeah sure but think about this, if it's solely about the 'economic model', then why are there other coins that have limited supply, that's even more under 'serious development' than DOGE, have less market cap than DOGE?  It's all about the demand because it's the demand that dictates how high it goes.  And sure, DOGE's demand is the product of the hype behind the coin.  But then again almost everything in crypto has to do more about hype than anything else.  That's why my new thesis on how to make the most you can in the next bull market is all about coins with doge logos.  

All doges...  Tokens, NFT's, everything!

Of course. Prices move according to the rules of supply and demand. If supply is low and demand is high, prices will go up at a very fast pace. With Dogecoin, things are different since hype is what usually drives it to new heights. Supply may be high, but there's still demand for DOGE on the market. While that's a fact, don't expect DOGE to retain high prices for long becuase of the way it was designed. It's more suitable as a short-term investment than anything else.

If you know how to "play the game", then you'll have nothing to worry about. Otherwise, I'd suggest you look elsewhere. $1 or not, it seems to me that Dogecoin will last for a very long time. Just my thoughts