🐞 Dogecoin Will hit $1?

[Rabata]

A popular coin in the crypto space is Doge Coin. Even though the coin is a meme coin with a big celebrity and businessman Elon Musk behind it. But in recent times there is no news about his crypto. People believe he may not be thinking about crypto anymore. As he has multi business. The hype created by the Doge coin during the last bull run pushed the price of the coin to around 70 cents. That was its highest price. But some investors still think that Doge Coin will be bullish again and it will cross $1. As such, this coin holders will have to wait until the next bull run.

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[Godday]

I think that's unrealistic.  In my view this Meme Coin will touch the $0.5 mark and that is the most realistic yet.  Even though dogecoin is the most popular meme coin at the moment but I think they are still Meme coins which have a small initial price and have a very large supply.  I have invested around $1000 in this meme coin and I can say I would take $0.5 as a realistic calculation.

[tvplus006]

A popular coin in the crypto space is Doge Coin. Even though the coin is a meme coin with a big celebrity and businessman Elon Musk behind it. But in recent times there is no news about his crypto. People believe he may not be thinking about crypto anymore. ..

Obviously, you don't follow Elon Musk Twitter feed, otherwise you wouldn't have missed his posts regarding cryptocurrencies. So in his recent post Elon Musk wrote: “I used to be in crypto, but now I got interested in AI" - https://twitter.com/elonmusk/status/1631720134636367872 And earlier he wrote that: "High time I confessed I let the Doge out" - https://twitter.com/elonmusk/status/1628328918964109313 So Elon Musk has not left his hobby, and we can expect new tweets from him.

[nicolas1979]

Dump $doge ？

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

That's very high speculation. Elon can't do it alone to reach the $1 Doge price if BTC hits $100k. Unless Elon really wants to make Doge the main transaction tool for the Tesla company. Meanwhile he was still hesitant to use it. Many questions were asked to Elon about Doge, but there was no definite answer.

[Silberman]

dogecoin will reach $ 1 it is just a fantasy in my opinion. dogecoin which is a meme token is going through a period of great decline in value, dogecoin has ended its heyday and is no longer backed by the great investors it was before. I think dogecoin will return to its base price

Dogecoin achieved an all time high of 0.73 dollars and this is what is causing a lot of people to speculate that dogecoin could reach one dollar during the next bull run, but it is not as simple as those people believe, dogecoin reached that price with the huge influence that Elon Musk had at the time, but now we have many more meme coins, metaverse coins, NFTs and AI coins which will dilute whatever amount of money was supposed to go towards dogecoin, and with Elon not holding the same kind of influence he had back then it will be difficult for dogecoin to reach one dollar per coin.

[freedomgo]

Dump $doge ？

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

I really doubt that it will happen though, I mean it's highly speculative. The price might increase with Elon Musk's help and influence towards the market but a 10 dollar? That's quite big for a memecoin with no utility to begin with, as even one dollar is already big for doge.

But it's your choice OP if you will bet and invest towards Dogecoin, who knows right? That speculation of yours might come true but you should know that the chances are much lesser than slim, to be honest.

[abralzain17]

Dump $doge ？

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

nothing is predictable regarding crypto prices, especially old crypto like dogecoin, I think to guess these prices we must be able to understand candlesticks and must have understanding in order to be able to analyze the market. as you mentioned, when the bitcoin price peaks, dogecoin also has value, in my opinion, this is very true, but the increase in the price of doge is only seasonal.

[Mpamaegbu]

Three years ago or so there was an online challenge to get Dogecoin to $1. That caught the attention of many crypto lovers and fans of Doge. Most people never gave it a chance as a meme token it's but it put up a great performance and did $0.7+ as its ATH. I believe it will fire up again once Elon Musk adopts it for payment on his bird (Twitter) app. Demand will rise, price will soar and hodlers will be all smiles when that happens. Doing $1 won't be much hurdle to cross.

[topman21]

Dump $doge ？

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

Bitcoin doesn't have to go up if Elon Musk starts trading Dogecoin with his Tesla company could see DogeCoin go from $1 to $10 or even more. Since Elon Musk is working on DogeCoin, I believe that one day Elon Musk may start trading with his Tesla company. Besides, if bitcoin is positioned like one 100k dollars, then surely Dogecoin will occupy the place at 1 dollar.

[bittick]

I think that's unrealistic.  In my view this Meme Coin will touch the $0.5 mark and that is the most realistic yet.  Even though dogecoin is the most popular meme coin at the moment but I think they are still Meme coins which have a small initial price and have a very large supply.  I have invested around $1000 in this meme coin and I can say I would take $0.5 as a realistic calculation.

I'd say even $0.5 is already unrealistic enough considering the current market capitalization of doge, still it's a lot more realistic than $1, at the very least if doge really want to increase its current value then it should reduce its total supply heavily otherwise it'll just become a dream, even with help of elon shills at best it could only eliminates one more zero.

[mdzahed134]

to get coin doge to reach a price of $ 1 we need elon musk to do that with elon accepting coin doge as payment for tesla then the price of coin doge coin will increase, that's just my assumption. do you agree with me?

I agreed with you, it seems intesting but that's true i think also. Doge is manipulated by Elon Musk, when elon musk tweet abou it then doge is hit around 80 cents, very close to hit 1$. Yeah, if elon musk accept it as payment in twitter or tesla then definitely it can be hit 1$ even 2$ or 3$.

[coinerer]

Dump $doge ？

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

Doge is not much potential coin. it is just a meme coin which is very favourite for Elon Musk. and he is twitting about doge multiple time and bump it. but now investors are very bored about elon tweets and no big trader's are now invest in doge panicky. and i don’t think doge can hit $1 to $10 in any future days. BTC can hit a million dollars it is trustable. But I do not think such a thing can be done in the case of the Doge

[Mr.right85]

Dump $doge ？

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

Doge is not much potential coin. it is just a meme coin which is very favourite for Elon Musk. and he is twitting about doge multiple time and bump it. but now investors are very bored about elon tweets and no big trader's are now invest in doge panicky. and i don’t think doge can hit $1 to $10 in any future days. BTC can hit a million dollars it is trustable. But I do not think such a thing can be done in the case of the Doge

It is been said that, too much of anything is bad. But, too much can also lead to specialisation and as well, perfection.
Well the idea of Elon's bumping tweets has been accustomed to many and they know better not to jump at every tweet from Elon as, he would probably be at the other end, taking profit while you wait on a rise and the coin gets to dump again. At this time, Dogecoin is $0.07 which puts $1 in, I don't know. It would probably dump some more, who knows.

[GreatArkansas]

Dump $doge ？

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

Doge is not much potential coin. it is just a meme coin which is very favourite for Elon Musk. and he is twitting about doge multiple time and bump it. but now investors are very bored about elon tweets and no big trader's are now invest in doge panicky. and i don’t think doge can hit $1 to $10 in any future days. BTC can hit a million dollars it is trustable. But I do not think such a thing can be done in the case of the Doge

For me, Dogecoin is just like other altcoins which sometimes correlate with Bitcoin if Bitcoin does pump, other altcoins like Dogecoin will pump also.
This is already proven over time and most of the bull market, Dogecoin is also pumping together with other high market cap cryptocurrencies including Bitcoin.
So for me, the $1 is possible but expect that Bitcoin will be also in another all-time high or increase in huge market cap.

[Taskford]

Dump $doge ？

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

Doge is not much potential coin. it is just a meme coin which is very favourite for Elon Musk. and he is twitting about doge multiple time and bump it. but now investors are very bored about elon tweets and no big trader's are now invest in doge panicky. and i don’t think doge can hit $1 to $10 in any future days. BTC can hit a million dollars it is trustable. But I do not think such a thing can be done in the case of the Doge

For me, Dogecoin is just like other altcoins which sometimes correlate with Bitcoin if Bitcoin does pump, other altcoins like Dogecoin will pump also.
This is already proven over time and most of the bull market, Dogecoin is also pumping together with other high market cap cryptocurrencies including Bitcoin.
So for me, the $1 is possible but expect that Bitcoin will be also in another all-time high or increase in huge market cap.

Bull run for bitcoin is really needed before this pump will happen, also it need another influential man to hype it up so that what great pump happen before can be replicated until it reach to $1. Dogecoin has gather a popularity already and it might be a alternative for traders to hold if many seek for long term so for this it can create demand and will push more if more people will hype it.

[EFS]

to get coin doge to reach a price of $ 1 we need elon musk to do that with elon accepting coin doge as payment for tesla then the price of coin doge coin will increase, that's just my assumption. do you agree with me?

I think the Tesla thing is outdated. Elon used it once, I don't think he'll do any promotion like that again. DOGE definitely needs figures like Elon to reach $1 though. But $100 is totally delusional. Such thing would never happen with the current marketcap. It would only be possible if a very large portion of the coins somehow disappeared from circulation, which seems impossible. I like DOGE because it was one of the first altcoins I bonded with. But it's a waste of time to talk and daydream about numbers that never come true.

[Rasa nanas]

I think equating the two is not the right thing because they are different. firstly, bitcoin is not a meme coin while doge is a meme coin. secondly, the total supply of bitcoins is limited while the total supply of doge is unlimited. I think these two things can have a big effect on the price going forward.

[bittick]

I think equating the two is not the right thing because they are different. firstly, bitcoin is not a meme coin while doge is a meme coin. secondly, the total supply of bitcoins is limited while the total supply of doge is unlimited. I think these two things can have a big effect on the price going forward.

that's for sure, even the fact that one is considered meme coin means it just doesn't have the utility at all, bitcoin is entirely different coin compared with doge it's not even worth comparing, but comes back with the first question again, if dogecoin market capitalization of hitting $1 mark is higher than bitcoin, I doubt that will ever be happening, here's the thing, even bitcoin with the massive flow of massive investment companies money could only get this much market capitalization, doge coin with money that comes from general individual holders, surely I doubt could ever surpass bitcoin in term of market capitalization.

[coinerer]

Dump $doge ？

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

Doge is not much potential coin. it is just a meme coin which is very favourite for Elon Musk. and he is twitting about doge multiple time and bump it. but now investors are very bored about elon tweets and no big trader's are now invest in doge panicky. and i don’t think doge can hit $1 to $10 in any future days. BTC can hit a million dollars it is trustable. But I do not think such a thing can be done in the case of the Doge

For me, Dogecoin is just like other altcoins which sometimes correlate with Bitcoin if Bitcoin does pump, other altcoins like Dogecoin will pump also.
This is already proven over time and most of the bull market, Dogecoin is also pumping together with other high market cap cryptocurrencies including Bitcoin.
So for me, the $1 is possible but expect that Bitcoin will be also in another all-time high or increase in huge market cap.

Yes Dogecoin is like another altcoins and Doge will definitely pump and dump with bitcoin price changes. But with Dogecoin's high circulating supply, its high price of $1-$10 is not too much to expect. First Doge crossed $0.70 due to Elon Musk's tweet about Dogecoin but now the hype is over so Doge doesn't seem likely to be that price again in the future.  However, a higher Bitcoin pump may see some Doge price improvement, but not much.

[cryptoknightt]

it's very reasonable to touch $1, but what you need to know is that for current market conditions it is very difficult to get to that peak.