🐞 Dogecoin Will hit $1?

[btc2doge]

Dump $doge ？

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10

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[OgNasty]

I guess my question to you would be why on earth would it even be worth what it's trading for today?  It's all pure speculation that Elon Musk is going to do some major thing with Dogecoin and that will propel the value upward.  What could he really do though?  As far as I know there are only a handful of places that even accept DOGE.  If Elon pushed it too hard or accepted it for Tesla vehicles, he'd probably end up owning the entire DOGE market.  I think it's a funny meme coin and maybe if you are a hardcore Twitter user you plunk down a few hundred bucks to own some to play with on Twitter if that ever happens.  I don't see much serious investment headed that way though.  At least until it has a reason to exist.

[swogerino]

Dogecoin is a memecoin that started just like that as a meme and it does not solve anything in terms of blockchain technology used to do it,to solve real world problems,it is a pure speculative coin that took a big hit when Elon Musk decided to support it and it was because back then everybody believed in him being genuine who soon enough we all saw that he had not a real interest at crypto at all as he came up of some lame excuse about energy consumption for Bitcoin mining and stopped accepting crypto for his Tesla cars.Since then no one gives a damn anymore about what Elon Musk does or say in the crypto world,well except those guys who still think he is genuinely interested in crypto.

So I doubt Doge will hit 1 dollar for the time being unless the next all time of Bitcoin is over 100.000 and that would make it possible why not for Dogecoin despite being a meme coin to reach 1 because many people have started buying and hodling it.

[goaldigger]

This is unrealistic, we are talking about replacing Bitcoin with DOGE if we still push the price of $1 or even $10. A meme token with a huge total supply will never hit that, even if we saw adoption? It will be hard to hit that because you cannot force everyone to buy and use DOGE, we are dreaming too much here better to be realistic despite of the hype for this meme token, Elon can only hype this one because can’t totally dictate the price

[rhomelmabini]

It's a dream for some but it's likely a hopeless one this time until we get there, I'm not saying it's not possible but there's too many possibilities. Who knows Elon who could drive the currency to move the price will suddenly announce it will be used on his one or two companies e.g., twitter, tesla, spaceX etc.

[Natalim]

Because it is certainly impossible for a meme coin with a huge market supply. Does Dogecoin is really valuable that we think is worth that? No, Dogecoin doesn't deserve it, not only because it is a meme coin but also because it was not useful in the market like BTC and ETH. Besides, it only becomes popular because of Elon Musk which it drags people to invest and make it hype for a very short period of time. And look at it now, it is only $0.08 and even reaching $0.1 is quite not easy.

[jossiel]

IF doge wanna break $1 or $10, the wide adoption is the only way. posting on twitter is foolish.

without wide adoption, it will never hit $8, even hard for $1 in a short time. it is only a picture.

132-B in supply.

And if someone thinks that it should go by $1 then it has to be par with the market cap of it. The current market cap is $11B so you do all the division and calculate how much it's needing for it to think of reaching $1.

$10 is a crazy speculation and thinking, although this is a wild ride in the crypto market but I don't want people to have that hope because it's very unlikely to see it come.

[Johnyz]

I understand the eagerness to hit that price but with DOGE, I don’t think its possible.
There’s a lot of things that you should consider, and by just looking at its total supply you’ll see already the probability to hit the price of $1 is very low to no chance at all. There’s always a hype with DOGE online but its not enough to pump a meme token like this. You can trade with DOGE but don’t expect that it will hit the price of $1 because you’ll just wasting your time waiting for that moment.

[Oceat]

And we all know who can benefit it first if that ever happens.

He took advantage already of the BTC when it was in the bull run and then switched to meme coin that he took advantage also if you aren't aware of this. And I think that's the very reason why it won't reached the value you are expecting. I would rather promote Bitcoin for adoption rather than promoting some shit coins that someone has control on it.

[judeafante]

The only reason why Doge gets huge attention is that Elon Musk and those who are into pump and dump just used Dogecoin to make a lot of profit, if Elon stops mentioning Doge coin anymore it will go back to its old price and will struggle in the market again.
There are a lot of great projects with innovation I don't mean to downplay Dogecoin's role in the Crypto industry but it's useless to talk about the price and how it will reach it if we are going to engage in just creating hype around it.

[shinratensei_]

it's simply has too much supply meanwhile the ones that hold this coin for long like those veteran doge holders are just waiting the time to dump their holdings to oblivion.
moreover just simply reaching $1 could already shake the world mainly because its market capitalization gonna be so big it overtake bitcoin several times and if you think there's capital for that you might be mistaken.
every rally needs capital and it seems doge finally lacking that, elon isn't shilling for it anymore and it seems meme coin trend is getting weaker maybe $1 will only be just a dream. an unrealistic ones at that.
better invest in something that have realistic use case instead i'd say, never go wrong with that project usually.

[Baofeng]

Why Doge though? what will be the reason that crypto investors are going to pour their money on a meme coin?

So for me it's doesn't make sense, I guess the hype is still around still in this cycle because Elon Musk create it. But as soon as he left Doge, everything crumble down and so is the price.

And for the manipulation that the OP describe, it's not that easy as it sounds. And it's better if Doge will grow naturally, instead of this manipulation and artificial inflation. If it hits $1 on the next bull run then good, if not then we know that it's just a hype and meme coins.

[LogitechMouse]

WE NEED ELON MUSK!!!!!!
We need him so that we see DOGE's price hit a dollar.

Kidding aside, his support, continues tweets on Twitter a few years ago is the main reason why DOGE has hit an ATH at that time and after that, it's a series of downtrend movement only.

DOGE is an inflationary coin that has no significant use-case at all. Ethereum is an inflationary coin, but it is a smart contract platform that's why many are using it. DOGE on the other hand, has no use case aside from it being a tipping coin. Now will DOGE hit a dollar? Possible, but what are the chances of it? Very low knowing that it's supply is unlimited with limited to no use-case at all, I doubt that it will reach a dollar.

Why DOGE OP? Isn't it because of your username? Are you at a loss right now holding DOGE?

[Questat]

Dogecoin is not valuable enough to hit that price even though Elon Musk got pushed again. It was done, and we can hear full support on Twitter but this is not enough to move Doge to the highest level when the demand is still low. Kinda be needing a miracle to make it possible but I really don't think it works because it can't slip into the mind of the people that Dogecoin is a meme coin.
Why should I invest this in the first place knowing that my chance to earn a profit is very slim. It is better to keep the price of this coin at its current price.

[Moneyprism]

what do you expect from meme coin? Doge coin was created from scratch just for fun and does not have any potential to make it a good coin for long term investment .. it is very related to the pump that is carried out by Elon and it will be very difficult for this coin to touch 1 USD

[wheelz1200]

When i open my twitter, there are tons of new feed on doge. Many people is promoting and posting. however, the price of doge is under $1. i think the main reason is that most of them did not even understand the definition of Currency and the Most basic function of a currency:
1.store value
2.medium of exchange.

BTC is capped @ 20million. thus BTC can serve as a medium to store value🔥, while Doge with a inflation rate each year. the bigger quantity is suitable for daily transaction and daily use⚡. currently, the basic fee is only 0.01 doge/kb, the speed improved very much. but the price still near $0.1 recently. not even mention those $1, $8 claims. just a dream.

To make doge break $1 or $8. the only way is to promote it to be adopted by stores worldwide. Just use it!. this is the only intrinsic value of doge. tipping is a past as every doge make sense.

if you have chance go to China. you will be surprised that everyone use Alipay/Wechat to pay everything. buy food, car, apartment etc. about 10 years ago, 90%😲 of Chinese mainly use bank card, POS to pay big and cash for daily life. now, 95%+👀 Chinese people only take a phone to do everything. this is adoption.

If i was the owner of the top 1 holder with about 30 billion doge. I would spend/spread 5-10 billion doge to promote it worldwide for adoption. it is easy to make 100x return and the price of doge will be more stable. This is the only way to make doge valuable. otherwise, it has no other competitive advantages. then your 30 billion only is a number and hard for you to cash out at a Good price.

IF doge wanna break $1 or $10, the wide adoption is the only way. posting on twitter is foolish.

without wide adoption, it will never hit $8, even hard for $1 in a short time. it is only a picture.

  if you doge wanna break $1 or hit $10 in reasonable time
then do,

1. To promote doge to be adopted worldwide > posting twitter
2. The big boss need take action to promote (donate Big to charity, college, contest, etc) if not, many other tokens will dillute the market making your ~30billion doge @ lower value😨.

different ideas welcomed 😉

Top holders aren't going to just donate it out, those people will only tend to sell off it anyway lowering the price.  It isn't going up because anyone who was dumb enough to buy and hold doge has done so already, smart folks already got rid of it.  Demand can never outpace endless supply so inevitably it will continue to go down in value over the long term just like fiat.

[Hispo]

Why Doge though? what will be the reason that crypto investors are going to pour their money on a meme coin?

Because there are people who actually like it as asset and they count on its popularity to continue to raise, so they can realize profit in the future.
Besides, in my humble opinion, even though Dogecoin is a memecoin, has already accomplished much more than the average shitcoin in the market that wants to be taken seriously and yet fails miserably.

Whether we like it or not, Doge as a decent liquidity, exchange support, and huge community interested both ironically and unironically on it.

[btc2doge]

at least $doge wont crash to zero like those shit tokens as it adopted the Proof of Work rather than the POS. POS is not a fully decentralized token at all. there is hidden risk for long term holding. for speculation, shit tokens is ok, but it need much luck or insider info. it is more like betting but with lower odds than betting.

[traderethereum]

at least $doge wont crash to zero like those shit tokens as it adopted the Proof of Work rather than the POS. POS is not a fully decentralized token at all. there is hidden risk for long term holding. for speculation, shit tokens is ok, but it need much luck or insider info. it is more like betting but with lower odds than betting.

If it really comes true, I am sure there will be many people who will like it.
But unfortunately, we still have to wait to see whether it will really happen or only our imagination wants to see Dogecoin can reach $ 1.
But with the amount of Dogecoin circulating, it will not be easy to raise the price unless another tweet from Elon or other celebrities supports Dogecoin.
And as long as you can hold Dogecoin until you reach the price you want, you can still hope to see it later.

[Dr.Osh]

quite a lot of people are expecting the price of dogecoin to reach $1 because the ATH is almost $1. however, I think the price of $1 for dogecoin is a very hard thing to come to terms with. however, the allocation of this coin alone is overwhelming. In fact, if the price of Dogecoin does reach $1, it may be due to the same manipulation as before and it won't last as long as Doge did reach ATH a few years ago.