[Public opinion] Can doge still make it to $1?

[Oshosondy]

I want to invest on an altcoin, doge has been what that come my mind. Its all time high was in 2021 at a price of $0.7375, but after falling, it rose 10x to $0.48 in the last bull market which was in 2024. That shows how these altcoins can not be trustworthy because it did not get to all time high, but at least it tried for gamblers.

What do you think this time? In the next bull market, can doge get to all time high? I am looking for a good coin, but which will also be volatile because the amount of money I want to invest is not that much.

[hugeblack]

If it was difficult to reach the $1 levels in 2021-2023 when there was a lot of hype about the Doge, it is impossible to reach those levels in the coming months or even 2028 at best.

[$crypto$]

Is Elon Musk's influence still there to increase the hype of memecoin then automatically that comes to our mind Elon Musk must tweet about doge again so that the price rises --- But that's not all sure anymore considering that memecoin (Doge) will not reach ATH like 2021, maybe my prediction is wrong, but in the next cycle I assume that it will rise at least as high as during 2024.

[Taskford]

If it was difficult to reach the $1 levels in 2021-2023 when there was a lot of hype about the Doge, it is impossible to reach those levels in the coming months or even 2028 at best.

If Doge weren't introduce or been hype by Elon Musk before it won't reach at $0.7 level. But now that situation shifts? I think same as you I believe also that impossible for Doge to pump at $1 now that there's no strong force that help this coin to make it happen.

They have this article discussing about those possibilities https://www.tradingkey.com/analysis/cryptocurrencies/doge/261521883-dogecoin-doge-price-prediction-elon-musk-market-cap-down-all-time-high-tradingkey

But I think this is just another hype and they want people to increase their interest to buy DOGE again.

[d5000]

Doge's supply inflation is decreasing slower than most other coins based on Bitcoin, because it already had its last halving a long time ago, i.e. the block reward and emissions are static since 2015 (around 5 billion/year).

On the last halving in 2015 the supply was 98 billion.

In early 2021, just before Doge reached its ATH, its supply was around 128 billion. In 2026 we are at over 150 billion.

It is not as inflationary as many think - so between 2021 and 2026 the supply has grown around 20%. In contrast Bitcoin's supply grew around 7% (18.6 to 20 million).

But anyway this is a difference to take into account. A Doge at 0.73$ in 2026 needs roughly 20% more market cap than the ATH market cap in 2021. For $1, you would need 60% more than for the 2021 market cap high.

It's not impossible, and Doge has "reappeared" once already after having been almost forgotten, but I would not like to bet on it.

[JamesDaniel90]

I think it can hit $1 for sure which is currently an 11x return but im curious why you pick Doge as its a meme coin not as secure as others i would choose.

There are many other better choices in the current top 50 that will give 11x return a lot easier than Doge will.    Hbar, CRO, ICP , just to name a few.

[JamesDaniel90]

If it was difficult to reach the $1 levels in 2021-2023 when there was a lot of hype about the Doge, it is impossible to reach those levels in the coming months or even 2028 at best.

Impossible is a strong word. Its not impossible, but will be difficult. It only hit 45 cents last high in 2024 when everyone was saying it was going to hit $1 then.