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Topic: Can Dogecoin reach 1$ soon? - page 12. (Read 13841 times)

hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
May 10, 2021, 12:06:44 AM
I have just checked DOGE on my binance account and from the looks of it, the hype is not sustaining. The price dropped now and looks like it is no longer able to push itself upwards. I might assume that in the next few hours we will see massive selling of the coin until the coin goes back to its original price near 7 cents. If that happens then a new wave of low betters will be buying DOGE and possibly the hype will reoccur if not coming from Elon then perhaps another billionaire will do it.
sr. member
Activity: 1302
Merit: 250
May 09, 2021, 12:53:48 PM
this will be very difficult to happen when elon now starts no longer giving good statements about doge, the last time elon made a negative statement about doge and the result of doge dropped drastically to $ 0.532 when I saw it at CMC recently.
and it would be very hard to touch the $ 1 number without the support of elon because we know elon is the main actor in making doge prices soar and when elon no longer raises doge I think doge will collapse and return to basics. and the most fatal if elon takes away all doge ownership i think doge will expire and will return to its original price as before before elon started popularizing and pumping crazy as we have seen several times
hero member
Activity: 1974
Merit: 586
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May 09, 2021, 11:46:41 AM
I think the answer is already you n get, back again to the support done by the people behind him.
everything goes back to elon musk when elon wants to pump, I think it could be because when I saw one tweet from elon, the pump went crazy because of the supporters and many people took advantage of it.
but different story if elon stops promoting about this doge i think everything will be back to normal, doge coins will be back again as meme coins although more valuable but still not as valuable as they are now.
it all goes back to elon, because only he can answer it with the deeds he did

elon gets noticed for talking about doge and when he tweets about doge it gets a pump, this is really crazy. but it seems to me that it is enough to make a profit in Doge and if it costs to 1 $ then I will not be disappointed because I sold it. if you are a doge holder and want to see a doge up to $ 1 then watch and wait until the price is reached
sr. member
Activity: 854
Merit: 252
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May 09, 2021, 11:17:21 AM
I think the answer is already you n get, back again to the support done by the people behind him.
everything goes back to elon musk when elon wants to pump, I think it could be because when I saw one tweet from elon, the pump went crazy because of the supporters and many people took advantage of it.
but different story if elon stops promoting about this doge i think everything will be back to normal, doge coins will be back again as meme coins although more valuable but still not as valuable as they are now.
it all goes back to elon, because only he can answer it with the deeds he did
member
Activity: 276
Merit: 11
May 09, 2021, 10:51:26 AM
If you have not held Dogecoin from months back and now want to get into investing in Dogecoin because of all this hype, then you are really taking a Huge risk and I dont see reason for that now. Even if you love Dogecoin so much and wants to invest, I guess you can wait till we are back to a proper bear market and reinvest that's what i would do.

some people are still waiting for Dogecoin to fall free to buy at a cheap price, but this meme coin is indeed very high risk because it can be easily pumped up by a group of people who can game the price. if you do decide you want to profit from it you should use the opportunity to trade short-term in order to minimize the risk
sr. member
Activity: 1288
Merit: 253
May 09, 2021, 10:07:11 AM
Fud has happened to make the Dogecoin price continue to fall by 37% of investors panicking and the effect on the Dogecoin price is very large This dump is happening very quickly Dogecoin has not reached $ 1 until now the highest price is $ 0.74 is good enough the price will definitely waver when investors panic and sell it at the same time as possible Dogecoin will go up again if Elon Musk makes tweeds related to Doge, investors are waiting for the price of Doge to rise higher later.
sr. member
Activity: 1988
Merit: 453
May 09, 2021, 08:01:09 AM


Yes, I got the popcorn...

LOL.. same here. I knew this was about to happen. A cryptocurrency can't go up for an indefinite period of time, just because of hype. There needs to be a corresponding increase in adoption and acceptability. In case of Dogecoin, the latter part never happened. Now the dump has started, and I won't be surprised if the prices drop by 80% or more (If I am not wrong, during the last 24 hours the exchange rates have fallen by 40%). I had warned everyone about Doge for the last few weeks (check my previous posts). Those who mocked me back then will be crying now.  Grin
hero member
Activity: 1456
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May 09, 2021, 07:19:57 AM


Yes, I got the popcorn...
sr. member
Activity: 2030
Merit: 269
May 09, 2021, 06:21:14 AM
The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ on its own?

Well, like what I've said, this is just a meme coin, no utility, no usage but what do you think will be the realistic value of Dogecoin for the upcoming years?
It might or it might not, Dogecoin is now overvalued Elon Musk must extend his support, and the community must aggressively invest in Dogecoin for Doge to reach $1, there was a slight dip in the price of Dogecoin when Elon musk announced that he bought Dogecoin because of his mother, Doge is the biggest overvalued coin right now 12,000% since January and has gained 800% this month alone really big figure.
hero member
Activity: 1456
Merit: 940
🇺🇦 Glory to Ukraine!
May 09, 2021, 06:04:12 AM
I sold my last Dogecoins to BTC so I don't care anymore what happens with this joke coin. Too bad because it was a really nice fun project but Elon Musk made it look like garbage.

A meme coin with a market capitalization of $85+ billion is a joke. This dump is inevitable.
It is obvious that the DOGE coin dump is creating a panic among the alt market so we'll probably see more dump in some other alts as well.
legendary
Activity: 1358
Merit: 1093
May 09, 2021, 05:47:33 AM
I sold my last Dogecoins to BTC so I don't care anymore what happens with this joke coin. Too bad because it was a really nice fun project but Elon Musk made it look like garbage.
full member
Activity: 812
Merit: 101
May 09, 2021, 05:41:37 AM
Elon failed to pump the price of dogecoin this time around. I wonder if this is the end of the hype for dogecoin. Holding dogecoin is very risky now. Why would anyone want to take risk with dogecoin when there are much better coin in the market. I have stop dreaming about 1$ doge and i will suggest others to think the same.

With the current price of doge, I feel it is too expensive for me personally, and seeing Elon's failure to pump the doge at this time, it worries me even more if I decide to invest in him and suddenly Elon stops to be in it, because of several pumps that happen. to doge because of what he did whether it was a tweet or a fantastic number of purchases.
full member
Activity: 490
Merit: 107
May 09, 2021, 03:46:59 AM
More dump coming and will takes Doge to the place that its belong to.
Its healthier to crypto space if Doge holder takes profit and spread their money to another useful crypto.
hero member
Activity: 2926
Merit: 795
May 09, 2021, 03:15:33 AM
Dogecoin price has come down very drastically this morning and we are seeing it as $0.52 now. I wonder whether there was a reason for this big "correction" I guess. Number two trend on Twitter is #DogeCoinTo1Dollar. But still it doesn't seem to affect the price in a positive way.  Grin

One word, Overbought. The coin was already overbought for a huge percentage and it needs to correct big time to fill the gaps. There is no particular reason for this dump besides of fear. Many tokens holders are flipping into much safer coin like stablecoin since we all know that the current doge price is a bubble.
full member
Activity: 1008
Merit: 139
★Bitvest.io★ Play Plinko or Invest!
May 09, 2021, 03:10:51 AM
The DogeFather: Yeah, it's a hustle
The DogeFather (seconds later): TO THE MOOOON !

This just made me laugh hysterically!

https://www.youtube.com/watch?v=x5RCfQyTDFI
hero member
Activity: 2030
Merit: 402
May 09, 2021, 03:04:13 AM
Dogecoin price has come down very drastically this morning and we are seeing it as $0.52 now. I wonder whether there was a reason for this big "correction" I guess. Number two trend on Twitter is #DogeCoinTo1Dollar. But still it doesn't seem to affect the price in a positive way.  Grin
member
Activity: 297
Merit: 40
May 09, 2021, 03:01:36 AM
I think so, Dogecoin is really near to reach $1 maybe we need to wait for 1 month more before it reaches $1. I really regret the time when I had sold my 2000 Dogecoin way back in January because of financial reason, I was meant to hold it for a long term but in unfortunate things happened I pushed to sell it, well I know I am not the one who has experienced this kind of lost. The good thing is that I am already started investing some of my income in Dogecoin last month and I am so happy with the value of doge right now.
hero member
Activity: 2506
Merit: 645
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May 09, 2021, 02:54:03 AM
If you have not held Dogecoin from months back and now want to get into investing in Dogecoin because of all this hype, then you are really taking a Huge risk and I dont see reason for that now. Even if you love Dogecoin so much and wants to invest, I guess you can wait till we are back to a proper bear market and reinvest that's what i would do.

Not everyone has that pateint to wait for the next bear market to buy the doge coin a very low prices. If anyone wants to invest in dogecoin then he should draw the fibs on the chart and try to enter at 0.168 level if the price do fall back to that level.
hero member
Activity: 1344
Merit: 565
May 09, 2021, 02:17:12 AM
If you have not held Dogecoin from months back and now want to get into investing in Dogecoin because of all this hype, then you are really taking a Huge risk and I dont see reason for that now. Even if you love Dogecoin so much and wants to invest, I guess you can wait till we are back to a proper bear market and reinvest that's what i would do.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
May 09, 2021, 12:53:43 AM
Bogdanoff is trying to dump the markets with no survivors. Hopefully Elon can overpower him

Elon failed to pump the price of dogecoin this time around. I wonder if this is the end of the hype for dogecoin. Holding dogecoin is very risky now. Why would anyone want to take risk with dogecoin when there are much better coin in the market. I have stop dreaming about 1$ doge and i will suggest others to think the same.
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