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.
87% below doge coin all time high price of $0.7376 in 2021 when the memecoins craze was high and Elon musk keep tweeting to push the coin to look Frontline in the hype, since that time the price crashed back when 2024-2025 bull season hits, doge made a recovery attempt but ended in the 0.43–$0.47 region.
The two market senerio point us to the only record of doge market attempts to make moves and creating ATH but then all wasn't even up to the $1 your are speculating on right now, as of now the current price of doge is $0.09–$0.10, which is 87% below and that could tell you how almost impossible it is for doge to achieve that price of $1 you mentioned.
That's golden year for Doge and by the help of Musk influence it made Dogecoin to reach its past ATH, but since there's no big changes happening. Then it seems that many people won't listen for another hype brought by Musk or other influential people.
It seems that $1 may take more longer time before it appears again, but even though the chances is so less. There's still possibilities for Dogecoin to reach that price again. Its just we don't know when and what we provably could agree is situation is not the same as before.
