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Author Topic: Will Doge coin everly hit $1?  (Read 684 times)
Magic-Money
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November 09, 2023, 02:23:41 PM
 #21

Doge Coin has to be Meme Coin before, and has make a good impact in the cryptocurrency industries which was waiting for Bitcoin to hit $100k enable Doge Coin price to be $1 and that was been prediction towards Doge Coin and be side Doge Coin can't be compared with Bitcoin, to start with Doge Coin total supply is very high much to compare with Bitcoin, therefore the gab between Doge Coin and Bitcoin will be very high difference as well.

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November 09, 2023, 03:04:12 PM
 #22

In a full fledged bull run which I think the next bull run will be, it might be possible. When Doge peaked at $0.74 years ago, I really thought it was going to finally reach the $1 mark as it was very very close than ever. In such a market, it won't matter if Dogecoin is a shitcoin, just one top tier tweet from Elon Musk would be enough to pump it to the stratosphere.  Doge hitting $1 is akin to BTC being parabolic enough to hit $100K which is very much possible.

You are absolutely right that Doge might perform well in the next bull run expected in 2024, but as we all know that price of Doge tends to dance on tweets of Elon Musk, lacking a practical use case. However it is important to note that narrative of every bull run of altscoins market is different, the narrative of previous bull run was DEFI sector. The narrative of upcoming bull run could be Layer2, Real Wold assets coin or Artificial Intelligence coins. Crypto  is dynamic market and predicting the future price of any coin is very challenging.

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November 09, 2023, 04:19:33 PM
 #23

Why do altcoin don't have the characteristics of bitcoin? After the creation of bitcoin thousands of coin surface the crypto market, some altcoin became a huge success but some still reamain dumant and has no hope of even attaining the high of $1

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.
Doge ATM was $0.7 very close $1 that was in May 2021 thereafter had been dumping and since then it price never drew close to that price mark, presently the price isn't close to $0.1 talkless of reaching $1, what could have been responsible for it non growth? probably it developers are not been putting in more effort in sustaining it development unlike other altcoins who had been sustaining their growth through new innovations thus encouraging new investors, it's obvious a lot of altcoins that were launched after Doge had grown rapidly in term of price and this is wake up call to doge developers to spearhead a massive improvement on the project.

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November 09, 2023, 04:36:55 PM
 #24

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.
Actually in this case I don't really like to compare doge with bitcoin because however regardless of the price that doge gave before we should realize that they have such a big increase because of what.
Doge is one of the alt that I used to use because I quite like transacting with this coin but now that is not possible after the intervention of elon and some other influencers who did a very crazy pomp to this meme coin actually it was the end of them and I was not there anymore until now.

Regardless of anything at the moment their progress remains the same, doge can still go up but it's only temporary due to the hype with a quick pump and dump because with the previous big pump as well as the fall that many people suffered of course coins like this will not be looked at much more for now especially for investment issues.


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November 09, 2023, 04:48:14 PM
 #25

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.
You asked about the doge to $1, look at ATH before it was $0.76 this is getting to $1 it is not impossible if the market pump occurs then the price can reach $1 unless there is a bigger hype behind it, say Elon Musk is acting again with doge when the market pump is rising.

Meme coins do not need to be expected more even though doge has been in the market for a long time compared to other altcoins or memes, we cannot guess the same as bitcoin which has a fixed cycle every halving, because doge has too much circulation it may go down it may go up because of Elon Musk's explosion.

The only one who can control doge is the owner of Space X or X.com. Grin

But do you think this manipulation by Elon musk is intentional? Or was he hired for that? Because that is a business strategy. I think the developer of Dogecoin might be in secret agreement before he could do that. But I still doubt if he did that for any reason.

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November 09, 2023, 04:49:32 PM
 #26

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.

Based on a comparison I did on Marketcapof, if the market cap of Bitcoin (BTC) was held by that of Dogecoin (DOGE), it would be around $5. So, it actually makes sense that Dogecoin (DOGE) could eventually reach $1. Even more so when considering the inflation that occurs every year at FIAT. But I'm not sure if that will happen any time soon.

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November 09, 2023, 05:35:45 PM
 #27

DOGE is probably the craziest wildcard out there. It has a circulating supply of about 140 Billion with an unlimited supply. Less than 5000 wallets out of around a 5 million hold more than 80% of the supply.
The economics is just too skewed. If you are among the lucky 5000, and have more than a million doge, you will be well served by cashing out during the next bullrun. For the rest, you will just have to wait for a major crash to load up on it. Or better still, just start mining.
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November 09, 2023, 06:23:43 PM
 #28

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.
Dogecoin have turned out to be a shitcoin and few traders convert it to become gas fee. Elon Musk is a top influential whale in crypto, his orders on projects execution have made him more popular in the system, with a single order, the vast majority of traders have followed every single steps he has commanded, more like a demigod in the market. Elon Musk was the CEO of Dogecoin and behind the heavy pumps of the project, but he later abandon the project before he has other exploring projects to focused on, thereby giving lesser attention and that eventually led to the decreased in trading volume of Dogecoin.

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November 09, 2023, 07:27:20 PM
 #29

Why do altcoin don't have the characteristics of bitcoin? After the creation of bitcoin thousands of coin surface the crypto market, some altcoin became a huge success but some still reamain dumant and has no hope of even attaining the high of $1

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.
We definitely see Dogecoin as a long-term currency. These coins were once valued at the same level as Shiba Inu and Pepe coins. But suddenly the price of this coin working with Sir Elon Max Dogecoin started increasing overnight and went from 0.000086 to 0.78$. But I think if Bitcoin market goes from 100k to 1000k after 10 years then DogeCoin can surpass 1 dollar. I believe anything can change at any moment especially in cryptocurrency nothing is impossible. There is no comparison between Bitcoin and Altcoins Bitcoin is completely separate and distinct.

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November 09, 2023, 08:45:52 PM
 #30

Why do altcoin don't have the characteristics of bitcoin? After the creation of bitcoin thousands of coin surface the crypto market, some altcoin became a huge success but some still reamain dumant and has no hope of even attaining the high of $1

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.
The meme characteristic with dogecoin,  because with the level of hype that was created around the coin,  it should have attained that price target since long time ago but since their aim for creating the coin was not for market success and development and created for a joke makes it existence only rely on bump and dump without a plans of making any progress in terms of the price.

But then,  a lot of gains have been made from the several pump that have happened in the coin market,  so if we want to talk about a real progressive altcoin,  then we have to look in the directions of coins like ethereuem and BNB who's value have recorded a lot of uptrend movement since inceptions.

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November 09, 2023, 09:03:08 PM
 #31

The only concern of many here is the total supply of DOGE and I’m seeing this kind of trend again maybe because the market is rising again. The hype with meme coins are coming and expect that other meme projects will also hype their own project just to follow the current trend. Though anything can happen and maybe when Bitcoin hits a Million mark then that is the only time for Doge to get that $1 mark.

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November 09, 2023, 09:35:17 PM
 #32

If Elon wants, then yes, Doge coin would reach $1; in crypto, everything is possible. But we can't say when it will happen or if it will happen at all. We just can't ignore the possibility. Because during the last bull run it was almost near $1, and currently it's very low compared with the last bull price. But unfortunately, it seems Elong isn't making much noise about Doge lately. Maybe he is busy with something else. However, Doge Coin has a great community already, so they need a spark to go on fire.

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November 09, 2023, 09:52:47 PM
 #33

Doge Coin has to be Meme Coin before, and has make a good impact in the cryptocurrency industries which was waiting for Bitcoin to hit $100k enable Doge Coin price to be $1 and that was been prediction towards Doge Coin and be side Doge Coin can't be compared with Bitcoin, to start with Doge Coin total supply is very high much to compare with Bitcoin, therefore the gab between Doge Coin and Bitcoin will be very high difference as well.
To be honest, not all altcoins are able to rise drastically and skyrocket even though the price of Bitcoin may skyrocket to reach $100k. Because it's even more of a meme coin, and sometimes it's just hype. It took extra efforts and news for Doge to return to its previous ATH and surpass it. especially if it is Doge, who is expected to make miracles again in the next bullish era. I don't know if I can, this will be really good because I also still have some of my past investments that really made me learn a lot about memecoin. But if you look at it as a whole, it looks like I'm not so sure about this.

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November 09, 2023, 10:31:31 PM
 #34

Why do altcoin don't have the characteristics of bitcoin? After the creation of bitcoin thousands of coin surface the crypto market, some altcoin became a huge success but some still reamain dumant and has no hope of even attaining the high of $1

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.

It's all dependent on bitcoin pricing honestly.  If bitcoin hits $1million than sure possibly.  The main reason I don't think is because dogecoin has block rewards of 10,000 new coins minted every minute..forever.  there is no way that demand will forever increase so eventually the price will go down due to the constant increase in supply.
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November 09, 2023, 11:05:49 PM
 #35

Why do altcoin don't have the characteristics of bitcoin? After the creation of bitcoin thousands of coin surface the crypto market, some altcoin became a huge success but some still reamain dumant and has no hope of even attaining the high of $1

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.
Unlikely. There are a lot of factors involved in why Bitcoin grew and doge didn't (though they did get hyped up a lot temporarily), but in this case, I guess the most glaring issue was the use case? I mean Bitcoin is coined as an alternative for fiat as well as a store of value. Doge? Well, Elon's name really is the only thing I can think of about it. I wouldn't say it's impossible though. Who knows, they might just change their use case into something really useful, or Elon just wakes up and suddenly wants Doge to reach $1.

 
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November 09, 2023, 11:21:19 PM
 #36

Why do altcoin don't have the characteristics of bitcoin? After the creation of bitcoin thousands of coin surface the crypto market, some altcoin became a huge success but some still reamain dumant and has no hope of even attaining the high of $1

Dogecoin is one of a long time COIN that has been in existence for over 10years now. since December 2013 dogecoin hit 0.0000869 on may 6 2015 and today is $0.076 now am wondering if it could reach $1price after 10years compeard to Bitcoin.

  If the supply of Dogecoin decreases significantly, I can believe that it will be $1 or more. In what is happening right now, the rise in the value of Dogecoin is based on the pump and dump procedure, if you look and find out what happened before, in fact.

  Then what I noticed is that the majority of doge holders seem to be only hoping for Elon Musk's move to make dogecoin rise. While what Musk is doing is obviously just a pump and dump for Doge, if you don't keep up with what he did, you will be left behind.

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November 09, 2023, 11:30:44 PM
 #37

DOGE ATH is 0.7. And I was shocked when it got to that value. Many bought at that price as they all expect it to hit 1 usd. I can't say doge will hit 1 usd but crypto is unpredictable and if It can break that previous ATH again, It will surely pass $1. We currently don't know where Bitcoin is heading to and we all know that everything depends on Bitcoin.

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November 09, 2023, 11:54:21 PM
 #38

But do you think this manipulation by Elon musk is intentional? Or was he hired for that? Because that is a business strategy...

How much money should someone have who wants to hire the richest man in the world to promote Doge? Everything that Elon Musk does, he does for his own pleasure, which is pleasant to manipulate public opinion, and then watch what is happening.

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November 10, 2023, 05:10:57 AM
 #39

I don’t think it will hit $1 and if it does somehow, it will be momentary because dogecoin is still POW mineable and has lots of supply coming in.

If I remember correctly at $1 doge you would need like $500M in buy orders for every month (or two) just to absorb the miner selling pressure. Seems very difficult to achieve. So I don’t think it will happen. Even if Elon starts to pump it again.
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November 10, 2023, 08:42:49 AM
 #40

I don’t think it will hit $1 and if it does somehow, it will be momentary because dogecoin is still POW mineable and has lots of supply coming in.

If I remember correctly at $1 doge you would need like $500M in buy orders for every month (or two) just to absorb the miner selling pressure. Seems very difficult to achieve. So I don’t think it will happen. Even if Elon starts to pump it again.


Elon won't be able to pump it as hard as he did a few years back. People don't react that big to his actions with DOGE now.

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