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Author Topic: 🐞 Dogecoin Will hit $1?  (Read 661 times)
Silberman
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February 24, 2023, 08:57:51 PM
 #21

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.
But that is not really a reason why dogecoin could reach a price of one dollar per coin, look if you are enthusiast about dogecoin and its long term future that is one thing, but it is a completely different thing to think that it can reach such a high price, for that to happen it would have to surpass the market cap of USDT and this does not seems likely even if we were in a bull run already, which we are not, so try to limit your expectations out of dogecoin or otherwise this could lead you to make grave mistake.
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February 24, 2023, 09:48:05 PM
 #22

Dump $doge ? Cool

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

BTC would only require to do around a x4,2 from it's current price to be at 100.000 $ per coin. At the same time Dogecoin would need to do a x12,5 to reach the price of 1$. Even though that is like 3 times the price increase that Bitcoin would need to make to reach your prediction i think that this would still be possible because if you look in the past then it is obvious, that altcoins in general are pumping and dumping way harder than Bitcoin during a bull or a bear market.
For Dogecoin specifically i still don't think though that it will reach 1$ that easily it is just a meme-coin in the end and the first effects of the elon tweets are already gone and that first effect can only happen once obviously.
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February 25, 2023, 01:53:47 PM
 #23

I may need to say why you are so hallucinating about Doge and say that Doge will be $ 1 when the meme coin has melted and the hype again no one cares about and memecoin is just made for fun without anything special in it, yes maybe the biggest influence for doge is Elon Musk but will it happen the second time in the current cycle considering that Elon himself is no longer the richest person in the world today, I think Elon's pearl of wisdom will no longer have an effect like the previous cycle we have to really realize this if we don't want our money to be eaten by them.

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February 25, 2023, 03:59:39 PM
 #24

Dump $doge ? Cool

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

It is difficult to see Dogecoin reach $1, although it is not impossible. Yes, we need Elon Musk to tweet about Dogecoin for the price to reach $1 Grin

But if Dogecoin does reach $1, I think it's only because of the pumping from a group of people trying to prove that Dogecoin can reach $1. And be careful for those who see the price of Dogecoin starting to increase because it could be a trap. After all, most of them will start buying when the price increases.
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February 25, 2023, 04:56:10 PM
 #25

Dump $doge ? Cool[/colour]

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

We await that day when this speculation will become a valid market price chart and going by the way things are right now we may have high probability of not having both coins on the same page in the long run because bitcoin could be sustainable but same can't be guarantee with dogecoin since it just a meme coin that is created basically for speculations.

-Dogecoin can't grow more than the ratio of its speculators e.g Elon musk is the coin's major fan, and we saw the limit of his support and the impact of that on the price of Dogecoin a few months back.
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February 25, 2023, 05:09:19 PM
 #26

I can't find any reason why Doge will reach $1 when bitcoin gains price of $100K.
This is an altcoin whose price was built by the hype of Elon Musk so that the price will be dumped after several groups have made huge profits. If $1 for Doge was possible then I don't think people would be selling it at the current $0.08 - $0.09 on 21M coin.

Even after hit $0.73 in May 2021, Doge has only dumped almost 90% so far.

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February 25, 2023, 06:34:42 PM
 #27

Just wait for another tweet from Musk and maybe it would go $1.5? Cheesy
But seriously nah, I would not count on it. There are even insane ones that are speculating other meme coins like Shiba reaching $1. Right now the best that the data can show is that $.7 is the ATH and that needs to be surpassed first before we can talk about $1.
Considering that it even went down with 1 decimal place, it has a long waaaay to go still.
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February 25, 2023, 07:34:57 PM
 #28

Just wait for another tweet from Musk and maybe it would go $1.5? Cheesy
But seriously nah, I would not count on it. There are even insane ones that are speculating other meme coins like Shiba reaching $1. Right now the best that the data can show is that $.7 is the ATH and that needs to be surpassed first before we can talk about $1.
Considering that it even went down with 1 decimal place, it has a long waaaay to go still.
If Elon Must want it then i also think it’s possible to hit 1$, because Doge last ATH was around 1$, so it’s not like that impossible thing. Shiba & Doge both of meme coins but Shiba is trillion token supply, on the other hand Doge total supply is billion, so Shiba will never hit 1$ but Doge can be hit 1$.

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February 25, 2023, 09:54:42 PM
 #29

Dump $doge ? Cool

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

Who said this?
Well, it seems like gambling when we are expecting too much on this. Actually, I really hope that Doge will rise up their price much better than previous bullish ones. But, I am also feeling bad about this and will not expect too high to reach $1. It seems to be very difficult.
Although many Doge lovers will say everything is possible, nothing is impossible, because Doge has experienced a very big increase at taht moment. But, we must think also that what kind of good news will lead Doge to reach $1.

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February 25, 2023, 11:10:03 PM
 #30

i'm sure doge just gonna stuck, meme coin is remnant of the past, eventually some of them will lost its value, and doge could be one of them, the reason i say it could be mainly because doge is lacking in innovation.
it's unlike shiba where they could always make some innovation through smart contract since they are in EVM blockchain or in smart contract blockchain. i'd say shiba has better chance of increasing their value but doesn't mean doge couldn't it's just doge will require tremendous amount of masses following the trend like before when it was getting shilled by elon to increase its value and i'd say it will just eliminate one zero. reaching $1 is definitely harder feat to achieve than eliminating one zero and market capitalization would simply surpass bitcoin which I think not gonna be happening.

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February 25, 2023, 11:12:41 PM
 #31

I can't find any reason why Doge will reach $1 when bitcoin gains price of $100K.
This is an altcoin whose price was built by the hype of Elon Musk so that the price will be dumped after several groups have made huge profits. If $1 for Doge was possible then I don't think people would be selling it at the current $0.08 - $0.09 on 21M coin.

Even after hit $0.73 in May 2021, Doge has only dumped almost 90% so far.

the rise in doge price way back was mainly owed to elon musk. now, if we haven't see any progress in terms of doge development, i don't think it can significantly rise up again. people are learning that the hype is just a short-lived promotion. after it dies down, the price goes down tremendously.
hype plus tangible developments can aid its increase in price. but without results, it won't sustain its market price.

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February 25, 2023, 11:18:43 PM
 #32

Dump $doge ? Cool

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


Both have different market so thinking that the other market will cope up with the uptrend of the other one is somehow unfounded.  I really don't think Doge will hit $1 in a natural way unless it is pumped hard by some die hard pumpers of Doge.

Dump $doge ? Cool

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

Who said this?
Well, it seems like gambling when we are expecting too much on this. Actually, I really hope that Doge will rise up their price much better than previous bullish ones. But, I am also feeling bad about this and will not expect too high to reach $1. It seems to be very difficult.
Although many Doge lovers will say everything is possible, nothing is impossible, because Doge has experienced a very big increase at taht moment. But, we must think also that what kind of good news will lead Doge to reach $1.

I believe Doge is still overpriced at this moment, it may still increase in price but what I see in Doge Market is that it will crash hard once the pumpers hit their selling price target.
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February 26, 2023, 05:39:22 AM
 #33

Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10
I would say that it is nearly impossible, but I have seen it go up too much to think that it can't. However, to expect it to go up this much is definitely wrong way of approaching to investment. I highly suggest everyone to just invest according to what your investment provides and doge does nothing for you, it is just a meme and nothing more.

Bitcoin is a true cryptocurrency, the first one at that, whereas ETH proves the chain, and BNB is tied to biggest ever exchange and many others, doge has none of that, what does it do? Just make you money? Why not make money with others then, it is not really a feature. I suggest staying away from it, we definitely should.

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February 26, 2023, 08:21:45 AM
 #34

Dump $doge ? Cool

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


   -   What is your basis for what you said? You must have a basis on how to arrive at the dogecoin's value. Because if that's all you say, what you're saying is just gossip or speculation.

So no one cares if Dogecoin will reach that price value. And the only reason Doge's value rose is that Elon Musk campaigned for it. Maybe Doge's value might increase if Musk campaigns for it again.

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_BlackStar
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February 26, 2023, 02:44:15 PM
 #35

-snip-
the rise in doge price way back was mainly owed to elon musk. now, if we haven't see any progress in terms of doge development, i don't think it can significantly rise up again. people are learning that the hype is just a short-lived promotion. after it dies down, the price goes down tremendously.
hype plus tangible developments can aid its increase in price. but without results, it won't sustain its market price.
Exactly, like I said; Doge's massive price increases in the past are hype that will likely not be repeated in the future. It's hard to get to what fundamentals investors should expect in Doge in the long term other than just hoping Elon Musk will tweet Doge again gracing his Twitter page.

In any case, heavy losses on Doge can be expected just because Elon Musk withdraws his interest from the coin. In just short amount of time, the Doge would lose large portion of its value. But anyway, we can never guess the future especially when the development team really wants to make it even more advanced.

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February 26, 2023, 04:04:13 PM
 #36

If Elon Musk is involved, it will be very difficult to reach, of course, not impossible. A full coin flip has a half chance of this guess. Dogecoin has a standing army, just a spark can move a lot of people. A lot of my friends are dogecoin supporters and I know a few who keep it aside for $1. I'm not one of them, let me say that.

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February 26, 2023, 07:10:40 PM
 #37

I can't find any reason why Doge will reach $1 when bitcoin gains price of $100K.
This is an altcoin whose price was built by the hype of Elon Musk so that the price will be dumped after several groups have made huge profits. If $1 for Doge was possible then I don't think people would be selling it at the current $0.08 - $0.09 on 21M coin.

Even after hit $0.73 in May 2021, Doge has only dumped almost 90% so far.
the rise in doge price way back was mainly owed to elon musk. now, if we haven't see any progress in terms of doge development, i don't think it can significantly rise up again. people are learning that the hype is just a short-lived promotion. after it dies down, the price goes down tremendously.
hype plus tangible developments can aid its increase in price. but without results, it won't sustain its market price.
Its price rise before but it was only due to manipulation and not because there is any development done by its devs. This is something that is not possible for the coin because at the first place, it was only created as a meme coin. We don't know what is running in the mind of Elon but if ever he decides to shill the coin again and then use doge on his Twitter and other business then maybe we can see this coin increase again.

I find it funny on why the OP uses a bug emoji when we all know that doge coin has a dog logo. Maybe he is only expecting for a bug to make his calls happened seems it's kind impossible for now especially that 10 dollar per doge.
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February 26, 2023, 10:52:08 PM
 #38

Dump $doge ? Cool

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

There's no correlation with Doge and Bitcoin's market price. Indeed the market price of cryptocurrencies are being influenced by the market price behavior of Bitcoin but it won't guarantee exact or even more, increase with one another. Also DOGE is a meme coin which means its market value is solely dependent with demand alone unlike with Butcoin which is a large chain and is being used in many projects and transactions. So to answer the question, right now it is impossible knowing how huge the decline on DOGE's market value since its last ATH.Unless there will be something to hype investors up towards this coin.

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February 26, 2023, 11:22:42 PM
 #39

If Elon Musk is involved, it will be very difficult to reach, of course, not impossible. A full coin flip has a half chance of this guess. Dogecoin has a standing army, just a spark can move a lot of people. A lot of my friends are dogecoin supporters and I know a few who keep it aside for $1. I'm not one of them, let me say that.

Most of your friends will surely not hold doge if not for Elon Musk. Musk is the only one keeping the community and the price of the coin intact, and once he decided to drop it (which I think he wouldn't for comedic purposes) then see every interest and every holder of the coin wanting to get out.

Most people are sheeps following the shepherd. They would blindly follow someone who 'leads' them even though they don't know what the hell is happening.

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February 26, 2023, 11:45:12 PM
 #40

If Elon Musk is involved, it will be very difficult to reach, of course, not impossible. A full coin flip has a half chance of this guess. Dogecoin has a standing army, just a spark can move a lot of people. A lot of my friends are dogecoin supporters and I know a few who keep it aside for $1. I'm not one of them, let me say that.
Elon Musk may have to get involved not only in making his tweets on Twitter, but he can also trigger an increase in the price of Doge on the exchange by setting aside a little money to buy and making the price go up. Because so far, if there is no such inducement, it will make it difficult for Doge to do price increases because there are no further developments that have attracted other investors to Doge.

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