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Author Topic: If Dogecoin DOGE gets another pump it can 36X and hit $5  (Read 411 times)
jcojci
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October 22, 2024, 12:23:17 PM
 #21

Everything can happen to Doge especially if Elon helps like before. But making Doge jump to $5, hmm that needs a big support that can lift the price. It is like a dream for Doge to increase to $5 but I will wait for that.

If that is happen to Doge, that will be a big big bonus for the investors. Yes, that can happen once again especially when Bitcoin jump to more than $150k.

But right now, not just Doge that want to increase but the other meme coin is waiting for their turn. So we will see a competition from those meme coin.

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October 22, 2024, 06:55:52 PM
 #22

Everything can happen to Doge especially if Elon helps like before. But making Doge jump to $5, hmm that needs a big support that can lift the price. It is like a dream for Doge to increase to $5 but I will wait for that.

If that is happen to Doge, that will be a big big bonus for the investors. Yes, that can happen once again especially when Bitcoin jump to more than $150k.

But right now, not just Doge that want to increase but the other meme coin is waiting for their turn. So we will see a competition from those meme coin.
In order for Doge to reach 5 dollars, even Elon wouldn't be enough. First of all, when Elon talked about Doge before, he wasn't this political, he was seen as weirdo at the best case but he wasn't really hated like right now.

But if you look at him right now, he is disliked by many people all around the world and I think we are seeing the results of what's happening to that with twitter as well. He bought twitter, thinking he can turn that into something bigger, but all the ads went away after he made "free speech" allowed, as in you can say anything to any person, so curse words appeared a lot, and ad networks didn't want to advertise their products in a vile website with ton of hate speech, why would they, it's their money and they are free to not pay anyone, it's their right, they are not forced to advertise with them. Same would happen here, if he supports doge, sure it would go up again, but not that much, because many people hate him as well.


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October 22, 2024, 07:25:38 PM
 #23

In the language of economics, there is a thing called supply and demand.  Have you seen DOGE's supply?  And given its supply, how do you think it can be priced like that? Just because Elon Musk backs Doge doesn't mean Doge will hit $5. Earlier the price of this coin hit around $0.72. It was an unusual and unbelievable price.  It's doubtful that Doge can hit that price again. But you imagine it costs $5. I don't believe it will ever happen. It's not a potential doer, it's just a meme coin.  But it gained a lot of popularity as it was the first meme coin launched in the market.  Later Elon Musk added to its hype. but i am not expect $5 for DOGE price in any days


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October 23, 2024, 06:09:49 AM
 #24

Well Dogecoin now with profitability reaching 80% most hodlers are in profit for the meme coin. And there has been a big 'bull push'.
Technical indicators are showing are showing recent increases in the price of the token. it is a long time to go for $5 but I do still hodl it in my portfolio.
https://u.today/dogecoins-doge-massive-milestone-profitability-hits-80

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October 23, 2024, 06:12:23 AM
 #25

Well Dogecoin now with profitability reaching 80% most hodlers are in profit for the meme coin. And there has been a big 'bull push'.
Technical indicators are showing are showing recent increases in the price of the token. it is a long time to go for $5 but I do still hodl it in my portfolio.
https://[Suspicious link removed]day/dogecoins-doge-massive-milestone-profitability-hits-80

It's great that people profit from DOGE, however, as it was said - to see that $5 mark it should be a miracle or something coming down to earth  Grin
Only if BTC pushes for more than $100k.

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October 23, 2024, 09:41:44 AM
 #26

Check out this historical log chart for the Dogecoin DOGE price. It has gotten steep pumps on several occasions. In 2021, it 123Xed in 5 months.

Then again, the stock market looks like we're might heading for a recession, putting this trade on pause for a while everyone dumps anything of value.

Situation is not the same , so do not expect that behavior from dogecoin now. Now even Elon Musk has stopped promoting this coin. All the hype around this coin was because of him only, the coin serves no real purpose at all.
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October 23, 2024, 01:05:00 PM
 #27

In order for Doge to reach 5 dollars, even Elon wouldn't be enough. First of all, when Elon talked about Doge before, he wasn't this political, he was seen as weirdo at the best case but he wasn't really hated like right now.

But if you look at him right now, he is disliked by many people all around the world and I think we are seeing the results of what's happening to that with twitter as well. He bought twitter, thinking he can turn that into something bigger, but all the ads went away after he made "free speech" allowed, as in you can say anything to any person, so curse words appeared a lot, and ad networks didn't want to advertise their products in a vile website with ton of hate speech, why would they, it's their money and they are free to not pay anyone, it's their right, they are not forced to advertise with them. Same would happen here, if he supports doge, sure it would go up again, but not that much, because many people hate him as well.
Elon has its fan and enemy and he can use that better. Maye people who hate him will not care about what he says. But we see what he can do to Doge before so maybe he can do that again in the next altcoin season.

The dogecoin fan will wait for that and they hope to see the price increase again. But we know that Elon is unpredictable and he can say something about the other meme coin which can make that meme coin increase. We can not deny that even if we hate Elon but he impacts the market. I also don't like Elon but I used it to make more profit Grin

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October 23, 2024, 01:45:53 PM
 #28

In order for Doge to reach 5 dollars, even Elon wouldn't be enough. First of all, when Elon talked about Doge before, he wasn't this political, he was seen as weirdo at the best case but he wasn't really hated like right now.

But if you look at him right now, he is disliked by many people all around the world and I think we are seeing the results of what's happening to that with twitter as well. He bought twitter, thinking he can turn that into something bigger, but all the ads went away after he made "free speech" allowed, as in you can say anything to any person, so curse words appeared a lot, and ad networks didn't want to advertise their products in a vile website with ton of hate speech, why would they, it's their money and they are free to not pay anyone, it's their right, they are not forced to advertise with them. Same would happen here, if he supports doge, sure it would go up again, but not that much, because many people hate him as well.
Elon has its fan and enemy and he can use that better. Maye people who hate him will not care about what he says. But we see what he can do to Doge before so maybe he can do that again in the next altcoin season.

The dogecoin fan will wait for that and they hope to see the price increase again. But we know that Elon is unpredictable and he can say something about the other meme coin which can make that meme coin increase. We can not deny that even if we hate Elon but he impacts the market. I also don't like Elon but I used it to make more profit Grin

It doesn't mean he do it once. then he can do it again. People are been more careful towards any possible manipulation happened and I guess it will be so hard for them to convince that he's going to support Dogecoin again since for sure that lots of people would think about negative towards his intention. His past action make people became more skeptical on what he say since he already benefited from past movement happen from DOGE and people already know that he just want to earn again that's why he came back to DOGE and try to manipulate it again.

I don't hate Elon but I really don't like what he usually do to the asset he know that he can control or manipulate. What I can say is people should be aware and do sort of awareness that this kind of manipulation attempts exist.

R


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October 23, 2024, 07:50:58 PM
 #29

One thing that is peculiar to all the memecoin that their potential is based on only hyoes without any ecosystem to support the project is that, whenever their make the first market breakthrough it become almost impossible for them to recover from the m the break, so dogcoin already hard it own day in the market and I don't think there is going to be any further market bull season that can make doge to reach that speculated price of $5.

Anything that ever happen in dogcoin value going forward will be a continue recovery and little price appreciation which can not be so significant unless there be a large pump which possibly will not last only the whale will be at advantage since they will be responsible for the pump.


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October 24, 2024, 08:30:54 AM
 #30

The pump seems to have run out of steam for the time being since the price has been stuck around 210 satoshi and no new money is coming in considering how the trading volume dropped by over 30%. As I said in my previous post in this topic the main reason for the recent pump was the bitcoin price rise and we know bitcoin stopped rising for now.
If bitcoin resumes rising up again (breaks $70k) the pump of shitcoins has a higher chance of beginning otherwise the chances remain low...

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October 24, 2024, 08:45:25 AM
 #31

The pump seems to have run out of steam for the time being since the price has been stuck around 210 satoshi and no new money is coming in considering how the trading volume dropped by over 30%. As I said in my previous post in this topic the main reason for the recent pump was the bitcoin price rise and we know bitcoin stopped rising for now.
If bitcoin resumes rising up again (breaks $70k) the pump of shitcoins has a higher chance of beginning otherwise the chances remain low...

I do think the BTC rally will continue and flourish in 2025, at the start of it.
Then we would be able to judge what will be DOGE doing with its price Grin

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October 24, 2024, 09:35:38 AM
 #32

It doesn't mean he do it once. then he can do it again. People are been more careful towards any possible manipulation happened and I guess it will be so hard for them to convince that he's going to support Dogecoin again since for sure that lots of people would think about negative towards his intention. His past action make people became more skeptical on what he say since he already benefited from past movement happen from DOGE and people already know that he just want to earn again that's why he came back to DOGE and try to manipulate it again.

I don't hate Elon but I really don't like what he usually do to the asset he know that he can control or manipulate. What I can say is people should be aware and do sort of awareness that this kind of manipulation attempts exist.
For those who experienced on that moment will be careful but no one can guarantee if the other people especially new people will not tempting for that? They will follow what happen to the market and even if that is manipulation to lift the price, they will not care because their reason is just make a profit.

I think Elon should be wise now after what he experienced so far. He will not make a noisy like before and will careful with his act. If he can do that, I guess he can moves his fan to follow what he does. But I still have a feeling that a big whale still behind of Doge and waiting for the right time to moves so Doge will have a chance to increase its price.

Hopefully, Elon will not manipulate like before but we don't know for that. We can only see what will happen to Doge and hopefully, that will be good for the investors.

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October 25, 2024, 01:01:25 AM
 #33

The pump seems to have run out of steam for the time being since the price has been stuck around 210 satoshi and no new money is coming in considering how the trading volume dropped by over 30%. As I said in my previous post in this topic the main reason for the recent pump was the bitcoin price rise and we know bitcoin stopped rising for now.
If bitcoin resumes rising up again (breaks $70k) the pump of shitcoins has a higher chance of beginning otherwise the chances remain low...
I think shitcoin after reaching certain market cap will always follow the trend of BTC, just like BTC, after reaching this high market cap, even doubling the price is already massive feat so I expect DOGE to be able to 2x-3x but not more than that since market capital is already so high anyway but still relatively low compared to its ATH.

this is the thing with high market cap coin, there needs to be much much more money flow into the market for it to have relevant move that we can call rally.
the problem is, it seems the money that's supposed to flow in to these meme coin also spread thin to the newest memes making the pump for the already high market cap meme coin like doge feels unsustainable because it just lacks the capital.

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October 25, 2024, 06:40:44 AM
 #34

If Dogecoin DOGE gets another pump it can 36X and hit $5 that is a joke at least for now why is that because

  • Dogecoin is memecoin
  • Dogecoin has unlimited supply
  • Unlimited supply with no burning mechanism

Im not trying to be skeptical here but is the fact if dogecoin reach 5 USD the total marketcap is 700B USD that double the amount of ETH marketcap that has lot of utility with that amount of money dogecoin reach 1 USD is enough in my opinion

 
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October 25, 2024, 06:48:07 AM
 #35

If Dogecoin DOGE gets another pump it can 36X and hit $5 that is a joke at least for now why is that because

  • Dogecoin is memecoin
  • Dogecoin has unlimited supply
  • Unlimited supply with no burning mechanism

Im not trying to be skeptical here but is the fact if dogecoin reach 5 USD the total marketcap is 700B USD that double the amount of ETH marketcap that has lot of utility with that amount of money dogecoin reach 1 USD is enough in my opinion

If DOGE would be 700B in the cap, then ETH would be quadrupling that amount for its own cap indefinitely  Grin

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October 25, 2024, 09:54:23 AM
 #36

If Dogecoin DOGE gets another pump it can 36X and hit $5 that is a joke at least for now why is that because

  • Dogecoin is memecoin
  • Dogecoin has unlimited supply
  • Unlimited supply with no burning mechanism

Im not trying to be skeptical here but is the fact if dogecoin reach 5 USD the total marketcap is 700B USD that double the amount of ETH marketcap that has lot of utility with that amount of money dogecoin reach 1 USD is enough in my opinion

Who knows right? Crypto market gaining lots of attention to a lot of investor around the world. If lots of people would see that there's potential for this coin to grow and there's influential man like Elon Musk is somehow involve on its current past developments then maybe there would be some sort of demands would come up for this coin.

We cannot deny that Dogecoin is well established coin already so those figures said is not actually impossible to reach since there's still some possibilities that it can reach unto that figures. Remember before no one ever think that Doge would get a solid pump just like what happen before and it creates a lot of millionaires. So those incident might gonna happen again and people who acquire Doge and hold it for might benefit for certain event if this will happen in future.

R


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October 25, 2024, 10:01:59 AM
 #37

Check out this historical log chart for the Dogecoin DOGE price. It has gotten steep pumps on several occasions. In 2021, it 123Xed in 5 months.

Then again, the stock market looks like we're might heading for a recession, putting this trade on pause for a while everyone dumps anything of value.
Wow ,5 dollars ? Doge to pump 36 times from its recent price ?

Not sure if I am going to believe this but I don't want to expect  that much knowing that this is a meme coin and we knew there is nothing truth and promising about such .

But I see there is a good price coming together with Shiba Inu specially if Elon musk act on it.
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October 25, 2024, 11:21:21 AM
 #38

In the language of economics, there is a thing called supply and demand.  Have you seen DOGE's supply?  And given its supply, how do you think it can be priced like that? Just because Elon Musk backs Doge doesn't mean Doge will hit $5. Earlier the price of this coin hit around $0.72. It was an unusual and unbelievable price.  It's doubtful that Doge can hit that price again. But you imagine it costs $5. I don't believe it will ever happen. It's not a potential doer, it's just a meme coin.  But it gained a lot of popularity as it was the first meme coin launched in the market.  Later Elon Musk added to its hype. but i am not expect $5 for DOGE price in any days
Then again, i never thought it could hit $0.72 either. There's obviously a hard cap in the future on how high crypto market can reach, but as long others are gaining new heights as well, i can't see why doge wouldn't.

Also giving Elon any credit for any crypto is a double edged sword. As if you are giving a power to pump it, you are also giving a power to dump it. And centralizing any coin movement by tying it to mood of some a public figure (which in this case is an edgy meme lord) is weird. And if this cultish behavior really represents the core of what cryptocurrencies stand for these days, i think we need opposite values represented as well.

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October 25, 2024, 11:24:53 AM
 #39

That coin was practically on life support until Elon Musk hyped it up, but now that he's already given it a boost, it’s unlikely he’ll use it again for the next bull run. If I were investing, I’d keep an eye on undervalued coins with potential, since hype (like it or not)plays a huge role in driving up prices. Best move now? Wait and see what Elon might start shilling next. Any leads on that? I’m ready to check it out.

 
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October 25, 2024, 11:38:12 AM
 #40

That coin was practically on life support until Elon Musk hyped it up, but now that he's already given it a boost, it’s unlikely he’ll use it again for the next bull run. If I were investing, I’d keep an eye on undervalued coins with potential, since hype (like it or not)plays a huge role in driving up prices. Best move now? Wait and see what Elon might start shilling next. Any leads on that? I’m ready to check it out.

I wouldn't say he would want to be associated with any coin like DOGE, though.. Better yet, just avoid 'em  Grin And create something for X himself.

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