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Author Topic: Will Doge coin everly hit $1?  (Read 626 times)
masulum
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November 10, 2023, 09:22:45 AM
 #41

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.

Exactly, after the pump carried out by Elon was successful during the previous bullish period until it reached ATH more than $0.7. I think at that time, Elon attempt to bring Doge to $1, but it cannot become a reality, because Doge cannot pump any higher. It wasn't just one, but few times to try it, however, the effect was no longer as hype as when the public first discovered that Elon had a lot of Doge. Even using Doge to buy Tesla merchandise cannot pump Doge prices anymore, meaning the public is starting to become uninterested in Elon's tweet to create Doge FOMO.

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November 10, 2023, 11:53:43 AM
 #42

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.
It is very important for us to understand little more about the market so that we can know when the market tend to add more in prices or when things are going to get better. Bitcoin is the major force of the market and we need to market sure we out things in place so that we can earn more as the price of Bitcoin keep going bullish. When the price is going to set for a bull or not we should be ready to invest some part of our funds and relax watching the price where it would tend to go. All we have to do to benefit from the market is to keep watching to see how the market want to send price to.









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November 10, 2023, 12:29:32 PM
 #43

No one can say for sure whether Dogecoin will reach $1 in the future, it's just a guess. It is difficult to predict the future of this currency with the possibility of investment and price appreciation. As far as I know, Elon Musk has already started working on the payment system that Twitter or X is going to launch with crypto. You may know that currently more than 450 million are connected to Twitter or X. If somehow the Twitter or X payment system is activated and it is through dogecoin then these 450 million people will have the opportunity to transact through dogecoin. In that case we will see a positive effect in dogecoin. It is only a matter of time how far doge coin can progress or not.

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November 10, 2023, 03:59:23 PM
 #44

Even though I dislike doge as much as anyone, I could say that it has peaked at 70 cents not too long ago, during the last part. I think it should be noted down that we are talking about a situation that is a little bit different, and we need to arrange our thoughts according to what it could be, and not what it should be. I would clearly be able to say that it SHOULD not be 1 dollar, it doesn't deserve to be like that, and it never made sense to me that it would worth that much.

However, if we are talking about what it COULD be then I would say that one dollar is not something gigantic for it, there is definitely a very well possibility that it could reach those levels and be able to go above 1 dollar during next bull run.

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November 10, 2023, 04:56:13 PM
 #45

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.

No! I don't see Dogecoin reaching $1 ever in the future. It has a huge amount of supply which is not really suitable for that coin to reach this price point, especially when there is zero utility.

Elon Musk is a crypto gambler. He made millions by manipulating the crypto crowd and we are still speaking whether this coin will ever reach $1 or not. It is just not possible.

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November 10, 2023, 05:36:22 PM
 #46

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.

All the crypto currencies have different characteristics than bitcoin so it is not reasonable to compare other cryptos with bitcoin. Token supply, technology, community and adoption have a great influence on its price. The price of Dogecoin surged after Elon mask started promoting it. Without elons push I don't think dogecoin will be in this place it is right now. I also wonder why some people always want to compare a crypto price with fiat currencies. Inflation lowers the value of fiat currencies gradually when crypto has a limited supply and if it continues to gain new users and its community increases in size its price grows as well.









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November 12, 2023, 11:00:05 AM
 #47

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.

You want to know why Dogecoin is struggling to reach $1? That's because developers made it an inflationary cryptocurrency. There's a lot of DOGE in circulation, with more to come in the future. If I'm not mistaken, DOGE's supply grows at a non-stop rate. For a "meme" coin without serious use cases, I'd look for other options.

I don't get why people keep investing in Dogecoin just because Elon Musk says so. They believe they will get rich quick by "riding the hype". But that's not the way it works. The whales will win, while the average investor will lose big time. Unless there's a massive bull run for BTC, don't expect DOGE to reach $1 anytime soon. Who knows if it goes back to being worth less than a cent ($0.01) in the future? Grin

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November 12, 2023, 11:17:12 AM
 #48

It's not about the fact that they are Altcoins but because of their individual nature. There is no cryptocurrency that is exactly like Bitcoin and even though there was any, it can't have the same value as Bitcoin because Bitcoin has been known for super long now. The use/purpose of the token matters, the tokenomics matters, the blockchain matters, etc. It doesn't matter how many years Dogecoin was created, it's about what it is used for. It is possible for Dogecoin to get up to $1 overnight because after all hype has a lot of control over it. Bitcoin on the other hand didn't grow with hype and that's why its price can't crash just as easy as many of these altcoins.



 

 

 

 

 

 


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November 12, 2023, 11:53:58 AM
 #49

I think it is not impossible that Doge coin can reach $1 as long as the price of BTC rises high, and as long as there is good news about Doge coin.

Altcoins usually and for the most part always have a large supply, so it is not surprising that the price of altcoins will find it difficult to exceed the price of BTC. And you need to remember that Doge coins have a very large supply, so of course if you want to get to $1 then you need a long process, but of course we won't know the future of Doge coins because Altcoins are usually always full of surprises.

Meanwhile, BTC only has a supply of 21,000,000. So BTC is clearly superior to altcoins, and altcoin prices always go up when BTC goes up and when BTC prices go down, altcoin prices always go down.

So it is not surprising that BTC is called the king of crypto.

R


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November 12, 2023, 12:47:31 PM
 #50

Anything and everything is possible. But you need to understand each and every factor that affects the price of a particular coin. The coin whose marketcap is high and whose demand to accumulate by the people is more, always have the tendency to go high in price. So if people demand more to buy the dogecoin then the price will surely go up. This has already happened last time when Elon Musk tempted all the people to buy the coin. As many people demanded to buy the coin at same time, hence the price went up. So if similar case happens again then in very less time Dogecoin can cross 1$ USD mark.

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November 12, 2023, 02:54:45 PM
 #51

Everything is possible but at the current situation i dont think doge will hit 1$ or will hit soon to 1$ because doge created as the memecoin the utilities is just for fun and tipping the network is fast but nowadays there is a lot of fast chain and cheaper than dogecoin. and secondly dogecoin doesnt have max supply I know coin like ethereum has no max supply but doge dont have burn mechanism so the new coin will keep exist until infinte so I dont think the coin will hit 1$ soon enough

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November 12, 2023, 04:14:21 PM
 #52

Dogecoin's community cannot do it without the help of its benefactor Elon Musk, so much depends on the relationship between Dogecoin and Elon Musk, if Elon Musk decides that he will continue to support Dogecoin and even integrate it into his business projects, Dogecoin will likely hit $1 or even higher.
It really makes a big difference when you have the richest man on Earth as a supporter of one coin, so we better check Elon Musk actions if he will continue to support Doge and for how long.
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November 12, 2023, 04:18:31 PM
 #53

Dogecoin's community cannot do it without the help of its benefactor Elon Musk, so much depends on the relationship between Dogecoin and Elon Musk, if Elon Musk decides that he will continue to support Dogecoin and even integrate it into his business projects, Dogecoin will likely hit $1 or even higher.
It really makes a big difference when you have the richest man on Earth as a supporter of one coin, so we better check Elon Musk actions if he will continue to support Doge and for how long.
I doubt Elon will fully commit on Doge now that he already profited on it during the last bullrun. Dogecoin has unlimited supply that makes it value really volatile. I believe Elon will rather use Bitcoin than Doegcoin to use in his business especially through payment on his major companies like Tesla.

Maybe he can add Doge on X since that is where it belong but I really doubt 1$ is possble now that Elon effect is not that hype anymore unless he himself will purchase token to pump it.

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November 12, 2023, 04:24:28 PM
 #54

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.
You should ask yourself how many altcoins has become successful without the help of bitcoin, in any project their technology and development is totally different from each other and some people have in mind to run a short term project while some have in mind to elongate their project, so while bitcoin is differ from altcoins is because of the TECH  aspect of them, its very clear that some of the altcoins dies off during long range of bearish market whereas bitcoin withstand all conditions of bearish, so that is to shown that the development of bitcoin is more superior than others.

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November 12, 2023, 04:44:29 PM
 #55

I don't want it to get to $1! Never, ever 😏

Anyway, joking apart, I know my wish may not come to pass as it's more likely to hit $1 this incoming bull run than miss it. My anger is that I hedl Doge for four years only to sell off my huge stack of it in 2021 and it spiked to its ATH two weeks after I did. It hurts, really, till date.

At $0.7+ ATH, it's just a matter of $0.3 to hit $1. I don't think that should be an uphill task for Doge to achieve. Just imagine what effect Elon's tweet will have on Doge if the money bag and risk taker announces that it will become the official payment option for all his X transactions. It's going to be huge and it will easily zoom pass the $1 level in a blink.

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November 12, 2023, 05:18:02 PM
 #56

Dogecoin's community cannot do it without the help of its benefactor Elon Musk, so much depends on the relationship between Dogecoin and Elon Musk, if Elon Musk decides that he will continue to support Dogecoin and even integrate it into his business projects, Dogecoin will likely hit $1 or even higher.
It really makes a big difference when you have the richest man on Earth as a supporter of one coin, so we better check Elon Musk actions if he will continue to support Doge and for how long.
I doubt Elon will fully commit on Doge now that he already profited on it during the last bullrun. Dogecoin has unlimited supply that makes it value really volatile. I believe Elon will rather use Bitcoin than Doegcoin to use in his business especially through payment on his major companies like Tesla.

Maybe he can add Doge on X since that is where it belong but I really doubt 1$ is possble now that Elon effect is not that hype anymore unless he himself will purchase token to pump it.
Elon Musk is a very wise man and I don't think he's still going to be campaigning for Doge coin like before. The game has changed so we expect to see something different entirely. There was a time he was asked if he is going to use doge for his Twitter logo but he blatantly says no, having no plan for that. Doge is a good project no matter what anyone is taking about it. It is a good meme coin that is going to do wonders in the market when the bull market comes. Elon Musk us more focus on his business now and how to make money for himself.

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November 12, 2023, 05:59:56 PM
 #57

Actually doge coin is meme coins and meme coin have no guaranteed future that they will shine like Bitcoin and other thing is its an altcoins which also have shown that either it can maximize your profit or it may decline the value of your money to nothing. I don't think that doge coin will ever reach to the value of $1 because as many years has passed it did not attain higher worth so further there is no chance that it will reach to the value of $1. Bitcoin and doge coins has lots of differences and as compared to doge coin the Bitcoin gain the interest of people all around the world due to its success and security and no other coin can ever hit the value equal to bitcoin.

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November 12, 2023, 11:46:04 PM
 #58

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 cannot be denied that Doge coin was once just a meme coin, which was often used for faucet prizes or for transactions on certain platforms. but of course that was before the hype when it skyrocketed last season. And most of us never thought that Doge could be that famous during the hype.

Therefore, if we talk about the hype coin in preparation for the bullish period later, then this will be something that is still 50:50, it could be that Doge can reach $1, or it could fail. If it can indeed penetrate $1, this will be a very excellent achievement for Doge. but if it fails, we have to be prepared for this condition.

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November 13, 2023, 03:58:15 PM
 #59

Elon Musk is a very wise man and I don't think he's still going to be campaigning for Doge coin like before.
He is both wise and unpredictable, you never know what he will do next and he might catch you by surprise just like what he did by changing the logon of Twitter to Doge's for a couple of days which, obviously, wasn't someone would expect him to do but he did it, some people called that a crazy move but those who had Dogecoins stacked enjoyed the pump at that time.

Doge is a good project no matter what anyone is taking about it. It is a good meme coin that is going to do wonders in the market when the bull market comes.
It's a meme coin, at the end of the day, and we all know that meme coins don't have any organic growth. I know that Dogecoin is extremely popular and is a favorite of a lot of traders, but we can't forget the fact that it's a meme coin and we shouldn't expect too much from a meme coin, no matter how good or popular it becomes.

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November 13, 2023, 06:07:42 PM
 #60

Regarding dogecoin reaching the price of $1 is not impossible, especially the holders, in the previous cycle doge also almost touched $1 and the difference was only a few cents away, but for dige to reach the price of $1 requires a more powerful price push and speculation, as before elon musk really gave speculation, about dogecoin which made dogecoin rise very significantly last season, but if elon musk speculates again in this altseason then dogecoin has a great probability to go to the price of $1, I highly doubt if elon musk takes the risk again to openly talk about doge in the media.

But still be careful investing in dogecoin / meme coins, in addition to the big risk you might get mental, use the smallest money in your wallet if you want to invest in meme coins.

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