[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.

[LogitechMouse]

---
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.

No, and partly it's because of the tokenomics of it.

The demand around the token is given already, but the fact that it's inflationary since it's being modeled to create 5B tokens annually. That makes DOGE a little harder to reach prices such as 1$. This could be negated though if there will be a hype that will be created just like what happened in 2021 when Elon promoted the token, but aside from that, I don't see it going to a dollar or even surpass the 2021 ATHs.

If you want to look for a good coin which is also volatile, you can look at the lower market cap tokens. You will spend some time doing research though because finding gems below top 100 is kind of time-consuming, but it's rewarding especially if you find one.

[TastyChillySauce00]

Difficult but doable. Meme coin pump happen at the early of bullrun, if the all time high is supposedly go higher than before, $1 is a good realistic target.
But we need to wait until the beginning of the next bullrun is coming because otherwise the buying pressure will be low, since meme coin have no utility and lacking fundamental, it needs hype and hype only come when bull started to come.

[dwyane36]

Difficult but doable. Meme coin pump happen at the early of bullrun, if the all time high is supposedly go higher than before, $1 is a good realistic target.
But we need to wait until the beginning of the next bullrun is coming because otherwise the buying pressure will be low, since meme coin have no utility and lacking fundamental, it needs hype and hype only come when bull started to come.

When it comes to meme tokens, a bullish market trend alone won’t be enough. For Doge to reach $1, it needs a strong hype on social media, which isn’t happening right now. As everyone knows, Musk played a major role in driving that hype in previous years, but it seems to me that he’s now lost interest in Doge and cryptocurrencies in general.

[Akbarkoe]

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.

I don't think Elon Musk's influence is the same as before when he was the No. 1 rich man in the world, even though he tweeted again about Doge not being able to reach $1, it's definitely different, most markets today are starting to be well educated about fomo, and the doge community is already divided.
The rise may very well be a few hundred percent like yesterday, but there is no compelling reason today to reach $1, going back to last year's rise if the hypes stay in, it may be possible, but I doubt it will also be repeated.

[o48o]

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.

What data you are looking at that would even hint that it would go to ath this time, when it didn't go to ATH in last cycle? What do you think needs to happen in the world for it to go to ATH? May i remind that during last cycle it was pushed by both richest man alive by memeing it and we had a crypto hustler president in strongest economy in the world shouting about cryptos. So what more do we need to push it?

I guess anything is possible, but i just don't see the signs. Not in chart or in the world.

[Karl_3000]

I don't think Elon Musk's influence is the same as before when he was the No. 1 rich man in the world, even though he tweeted again about Doge not being able to reach $1, it's definitely different, most markets today are starting to be well educated about fomo, and the doge community is already divided.
The rise may very well be a few hundred percent like yesterday, but there is no compelling reason today to reach $1, going back to last year's rise if the hypes stay in, it may be possible, but I doubt it will also be repeated.

Doge is a very different meme coin, I can see the coin still among the first 10 coins. If the bull market begin it is possible for doge to have $200 billion marketcap which can make it go above $1, but everyone among us can only guess but nobody know what will happen tomorrow.


I use AI for doge prediction to get what can happen
Conservative: $0.20–$0.40 General crypto rally, moderate retail interest
Strong bull run: $0.50–$1.00 Bitcoin reaches new highs, meme-coin sector becomes popular again
Extreme speculation: $1.00–$2.00+ Massive retail FOMO, strong social-media momentum, favorable market conditions
Very aggressive forecasts $5+

I do not believe there can be an aggressive move that can take difw to $5, that is not going to happen but there can be a bull run that can take that coin to $1. If it does not get to $1, it is still a good coin to buy for some time and make money from and sell it.

[Akbarkoe]

I don't think Elon Musk's influence is the same as before when he was the No. 1 rich man in the world, even though he tweeted again about Doge not being able to reach $1, it's definitely different, most markets today are starting to be well educated about fomo, and the doge community is already divided.
The rise may very well be a few hundred percent like yesterday, but there is no compelling reason today to reach $1, going back to last year's rise if the hypes stay in, it may be possible, but I doubt it will also be repeated.

Doge is a very different meme coin, I can see the coin still among the first 10 coins. If the bull market begin it is possible for doge to have $200 billion marketcap which can make it go above $1, but everyone among us can only guess but nobody know what will happen tomorrow.


I use AI for doge prediction to get what can happen
Conservative: $0.20–$0.40 General crypto rally, moderate retail interest
Strong bull run: $0.50–$1.00 Bitcoin reaches new highs, meme-coin sector becomes popular again
Extreme speculation: $1.00–$2.00+ Massive retail FOMO, strong social-media momentum, favorable market conditions
Very aggressive forecasts $5+

I do not believe there can be an aggressive move that can take difw to $5, that is not going to happen but there can be a bull run that can take that coin to $1. If it does not get to $1, it is still a good coin to buy for some time and make money from and sell it.

And you believe in that AI argument?

Don't be too sad and we have to be realistic here, even though today Elon Musk became a billionaire again due to SpaceX, er I mean trillionaire, so it could be that the enrichment in the market factor was speculated by Elon Musk.
But in practice for now in driving opinions about Doge must be clear and can be seen even greater in the utilization of infrastructure, such as being a means of payment in X, like they play their premium subscriptions and create a global market in the X application, this would be very good if doge became the main intermediary clearly pushing the price to $1 would be possible, which is my question, will it be done by Elon as the brand ambassador of this meme?

[dwyane36]

Doge is a very different meme coin, I can see the coin still among the first 10 coins. If the bull market begin it is possible for doge to have $200 billion marketcap which can make it go above $1, but everyone among us can only guess but nobody know what will happen tomorrow.


I use AI for doge prediction to get what can happen
Conservative: $0.20–$0.40 General crypto rally, moderate retail interest
Strong bull run: $0.50–$1.00 Bitcoin reaches new highs, meme-coin sector becomes popular again
Extreme speculation: $1.00–$2.00+ Massive retail FOMO, strong social-media momentum, favorable market conditions
Very aggressive forecasts $5+

I do not believe there can be an aggressive move that can take difw to $5, that is not going to happen but there can be a bull run that can take that coin to $1. If it does not get to $1, it is still a good coin to buy for some time and make money from and sell it.

Every AI can make mistakes, and you definitely shouldn’t blindly trust financial advice from an AI. What’s more, when it comes to predicting the price of an asset, the AI’s response depends heavily on how detailed your prompt is.
Objectively speaking, looking at the current Doge chart, it’s hard to imagine what would even have to happen for the Doge price to rise to $2, let alone $5.

[crwth]

I don't think it will happen anytime soon. It's just that it was too much, and it became apparent at the time that Elon was hyping it up, it was really possible to manipulate the market.

Imagine the market cap that you need. You need billions, and that would need to flow from top coins to Doge. I'm not sure if it's really possible at this point.

I would only consider this if I want meme exposure in my port.

[passwordnow]

When Elon hyped it, that's actually the time when it has more chances of reaching a dollar. But it didn't, this time, what it needs to reach that? we don't know and I think even if Elon hypes it again, it won't reach that anymore. Sad to say, many are discouraged and no longer optimistic anymore to see dogecoin at that dream price of $1. Those who were able to dump it at the peak are the real winners for holding it. For sake of fun, I'll still like to have some of this just to get along with its community and if ever memes comes back to hype and that's not a financial advice.

[bitgolden]

I never believed it would reach over 70 cents neither, and yet it did. So I am inclined to say that it will never see those prices again, and that was only happening because Elon Musk, one of the most famous people on earth, pumped it, and that's why it reached that level.

But at the same time, I was wrong before, so I would not have a guarantee that it wouldn't be another wrong estimate by me. I would not invest into it myself, not personally, but I can see others doing it and maybe they are right, I wouldn't know.

[jossiel]

I never believed it would reach over 70 cents neither, and yet it did. So I am inclined to say that it will never see those prices again, and that was only happening because Elon Musk, one of the most famous people on earth, pumped it, and that's why it reached that level.

But at the same time, I was wrong before, so I would not have a guarantee that it wouldn't be another wrong estimate by me. I would not invest into it myself, not personally, but I can see others doing it and maybe they are right, I wouldn't know.

I also won't invest into it anymore.

We don't know what might happen in the future, it can be at $1 or it can never reach that price.

That $0.7 was actually a great milestone of it but it might be the only historical high that it can ever record. No one really knows and just as you, I don't have any price to say of how high and low it can be.

[dansus021]

Doge is memecoin the pump couple years ago just because the hype and elon musk is heavily promoted the coin and after it doge is silent, and doge have unlimited supply with no burning mechanism so it is inflationary coin. Exactly 5 billion new DOGE are minted and added to the circulating supply every single year. Because of this continuous supply dilution, hitting $1 today requires a market cap of roughly $146 billion.

It takes exponentially more money to push it to its previous peaks. Can it hit $1 in the next macro expansion? Mathematically, it's an uphill battle, but it isn't impossible if the macro conditions are wild enough.