Will Doge really go to the moon?

[Silberman]

Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?

Does Elon really take doge to the moon?

The majority of people are believing that Elon will do something and Dogecoin will hit $1 by this year. What do you think guys? Will tesla accept dogecoin as a payment? And the chances are high that other merchants do accept dogecoin as a payment.

Share your thoughts.

There is no way for dogecoin to reach that price even if it had the support of Elon Musk, one dollar for each dogecoin is simply unthinkable and there are many reasons for this to be true, to begin with the market cap of dogecoin will need to grow at an incredibly rate, especially since you want this price to be reached before the end of this year, and such a thing is not possible when we are still so far away from the halving and by consequence the next bull run.

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[tvplus006]

Why is there still no pump at 300%?
An hour ago, Elon Musk posted a tweet in which he stated: "High time I confessed I let the Doge out" - https://twitter.com/elonmusk/status/1628328918964109313
On this occasion, I bought myself Doge, so as not to experience Fomo later.

[Jackl87]

Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?
Does Elon really take doge to the moon?
The majority of people are believing that Elon will do something and Dogecoin will hit $1 by this year. What do you think guys? Will tesla accept dogecoin as a payment? And the chances are high that other merchants do accept dogecoin as a payment.
Share your thoughts.

I don't really know if i would say that Elon Musk is backing Dogecoin. I mean he made a few tweets about it 1 or 2 years ago or so and that was pretty much it. Those tweets though were enough to make Dogecoin pump pretty hard and those tweets were also the reason why we had that huge wave of meme-coins appearing back then, which was definitely a bad thing for the whole crypto market.
Also i don't really think, that the majority of people really think, that Dogecoin will hit 1$ this year. This would be a x12 from here on and if that would be the case, then people would be already buying Dogecoin now if they were so sure that it will be at 1$ in only a few weeks. I would not expect to much from Dogecoin.

[yazher]

This has been the topic for quite some time now and looks like the only thing I see going to the moon is Elon Musk's wealth, not Doge or any other altcoins out there. That's why when it comes to make an investment decision on cryptocurrencies, it's better not to trust anybody but only yourself. In that case, you need to consider taking some time to take your own research, and most importantly you need to only use some money that you won't gonna need if you don't have money in your wallet because holding altcoins are most likely for months or years to see its success.

[leonair]

Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?
Does Elon really take doge to the moon?

Elon Musk shilling Doge Coin for the first time Doge price skyrocketed because a rich person like Elon Musk was the first to tweet about cryptocurrency and that was Bitcoin and Doge Coin.  At that time everyone panicked and bought Doge and as a result many people made huge losses.  So now no one panics over Elon Musk's tweets.  So even tweeting about Doge doesn't pump up its price much. So now it is doubtful that Doge can go back to $1

[fullhdpixel]

Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?

Does Elon really take doge to the moon?

The majority of people are believing that Elon will do something and Dogecoin will hit $1 by this year. What do you think guys? Will tesla accept dogecoin as a payment? And the chances are high that other merchants do accept dogecoin as a payment.

The fact that people are still wondering about doge shows that it really created a big big news and a big deal for itself. I mean normally if it was just a hype, then it would have been gone after the hype, looking at it right now I can say that the hype is gone but there is still a big community, which could make it go back up.

I do not know how high it could get, but I can say that it does look pretty solid foundation to have, if there are people who can spend millions of dollars together, that means it could take it high. Plus, it didn't fall from the top places, it is still ranked highly, which means that the drop wasn't even that bad for it, it was bad like others that's it, nothing worse.

[Silberman]

Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?
Does Elon really take doge to the moon?

Elon Musk shilling Doge Coin for the first time Doge price skyrocketed because a rich person like Elon Musk was the first to tweet about cryptocurrency and that was Bitcoin and Doge Coin.  At that time everyone panicked and bought Doge and as a result many people made huge losses.  So now no one panics over Elon Musk's tweets.  So even tweeting about Doge doesn't pump up its price much. So now it is doubtful that Doge can go back to $1

The people that were part of the market at the time have learned their lesson and they no longer run to the exchanges to buy dogecoin as soon as Elon mentions it, however once a new bull market takes place and we get many new investors I believe those kind of tweets will have an effect again as those people will not be aware that this has happened before already, so the story is going to repeat again and many more people will lose their money thanks to dogecoin.

[profgates]

Dogecoin has been to the moon and there's every tendency that the coin would be pumped again, most probably during the next bull run. Elon has an interest in dogecoin and that alone has increased the popularity of the coin and most people would like to take advantage of the market when the value is rewarding.

[Jody.Drummer]

It's happened before with unreasonable increases due to the hype that Elon did before and they're not going to do that again.
We already know that apart from the several benefits that have been generated from Doge there are also many people who are trapped here so with this it is clear that those who are trapped will take advantage of the momentum to get out on the other hand with such conditions there needs to be really big Hype and of course not only Elon because I think most people are aware of his deception.

[Hypnosis00]

This has been the topic for quite some time now and looks like the only thing I see going to the moon is Elon Musk's wealth, not Doge or any other altcoins out there. That's why when it comes to make an investment decision on cryptocurrencies, it's better not to trust anybody but only yourself. In that case, you need to consider taking some time to take your own research, and most importantly you need to only use some money that you won't gonna need if you don't have money in your wallet because holding altcoins are most likely for months or years to see its success.

I'm not sure if Elon Musk was still very active in the crypto world now. He is been moving forward making another business opportunity which is very likely that he stops supporting Dogecoins and focus on what he doing now. This means that there is only a little chance that Dogecoin will pump and no way we could just rely on Elon Musk in this case. If ever Doge will pump, I was preferred if it was not happening through manipulation but rather because it was pumped normally.

[Tony116]

Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?

Does Elon really take doge to the moon?

The majority of people are believing that Elon will do something and Dogecoin will hit $1 by this year. What do you think guys? Will tesla accept dogecoin as a payment? And the chances are high that other merchants do accept dogecoin as a payment.

Share your thoughts.

There is no way for dogecoin to reach that price even if it had the support of Elon Musk, one dollar for each dogecoin is simply unthinkable and there are many reasons for this to be true, to begin with the market cap of dogecoin will need to grow at an incredibly rate, especially since you want this price to be reached before the end of this year, and such a thing is not possible when we are still so far away from the halving and by consequence the next bull run.

I remember correctly, in the bull season in 2022, the doge price was pushed to $0.7 by Elon, which means that the distance to $1 is not too far. That goal is still doable, but it all depends on Elon, if he still wants to support it and make money from it, hyping the doge in the upcoming bull season is not too difficult for Elon. Even though he doesn't have too much influence on the market but during the bull season, people will Fomo if he initiates it.

[NASdaq]

I think that doge is the only meme coin that can pump some day. Maybe Elon will help in it

[Pamadar]

It's happened before with unreasonable increases due to the hype that Elon did before and they're not going to do that again.
We already know that apart from the several benefits that have been generated from Doge there are also many people who are trapped here so with this it is clear that those who are trapped will take advantage of the momentum to get out on the other hand with such conditions there needs to be really big Hype and of course not only Elon because I think most people are aware of his deception.

If there's a pump that might happened it will be a luck for those who got stuck when the big pump ended and that quick fall takes place, not sure if there are many of those holders who continue to wait.

But, if that pump happened now, it would be a tough decision making from both newcomers and old traders,
what happened before with that huge pump is something that needed to analyze before jumping into investment
again with Doge market.

[Dr.Osh]

Basically, we've seen how Elon Musk tries to push up the price of Dogecoin and the price that Doge is reaching right now is the effect of Elon Musk's support. If Elon Musk pushes Doge harder, the price might increase, but I don't think it will last long. there are too many suppliers and holders out there, and may not hesitate to sell their doges when the price has reached a high price. I think that no matter how rich Elon Musk is, he's not going to be able to hold that for a long time if we see the total allocation from dogecoin. In addition, the effect of Elon Musk on the doge is not as high as when he first wrote the status regarding dogecoin. however, I still think that it is very difficult to see the price of dogecoin going very high, and if the price does go high, it won't last long.

[blockman]

People must stop being too dependent and worshippers of Elon. Yeah, he's a prominent guy and has a lot of achievements and his words toward Dogecoin really spreads like wildfire.
But, in the end, many of those that are just riding the hype are losing their control and they don't know that they're like the ones who's catching the falling knives if they're not noticing that.

[worle1bm]

Those who are waiting for doge to go to the moon they might have to wait for very long period of time or till there is some more influence like of Elon who can pump it back like the previous period.So best wishes to all those who are holding it on the same hope that it will give them sufficient returns but chances are very low.

[maydna]

Those who are waiting for doge to go to the moon they might have to wait for very long period of time or till there is some more influence like of Elon who can pump it back like the previous period.So best wishes to all those who are holding it on the same hope that it will give them sufficient returns but chances are very low.

Yes, and they will be desperate to wait for Dogecoin's price to rise to a new high. Dogecoin has already got its last ATH, but we will not know whether it can touch or return to its ATH price or if we still have to wait a little longer. Maybe Elon will later exert some influence so that the price of Dogecoin can get a pump again. Until that time came, they could only wait an indefinite time. But it seems that many people still hope to see Dogecoin reach its newest ATH again.

[TheUltraElite]

Those who are waiting for doge to go to the moon they might have to wait for very long period of time or till there is some more influence like of Elon who can pump it back like the previous period.So best wishes to all those who are holding it on the same hope that it will give them sufficient returns but chances are very low.

Chances are there that doge will go up but only if the investor has that patience to hold for more than several decades considering the age that they enter crypto or doge. If one is is looking for quick pumps they will be disappointed with doge.

Celebs will try to manipulate this coin for their own gain for years now and keep doing the same with many other coins. While naturally the faith in that coin is lost, some newbies will always be there as sacrificial lambs losing their money.

In short, it is risky than bitcoin. If you are willing to take it, make sure you prepare to hold it for years to come.

[fzkto]

Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?
Does Elon really take doge to the moon?

Elon Musk shilling Doge Coin for the first time Doge price skyrocketed because a rich person like Elon Musk was the first to tweet about cryptocurrency and that was Bitcoin and Doge Coin.  At that time everyone panicked and bought Doge and as a result many people made huge losses.  So now no one panics over Elon Musk's tweets.  So even tweeting about Doge doesn't pump up its price much. So now it is doubtful that Doge can go back to $1

Of course it is doubtful that doge will be able to go back to $1, as so many people hold these coins with the hope of getting rich. It's a classic. When doge was no longer needed, no one even mentioned it. But now the hype around this coin hasn't subsided for several years. I don't think there will be any more hype around this coin. Some new coin will come along, just as unexpectedly.

[cryptoaddictchie]

Not sure when we talked about perspective anf technical use case. But Elon offer a heck of utility related to his company Tesla. Well its not defined by theory if he indeed doing that and Tesla accepting dogecoin as payment. If other companies or ties with Elon follow him then possible it might go to the moon. Its all about hype and market manipulations. His word is really a buzz in crypto. Like anything he mentioned even kidding aside were given some meaning by others and use that as a tool for hyping.