Can Dogecoin reach 1$ soon? - page 16.

Golftech

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Quote from: bitgov on April 26, 2021, 04:31:51 PM

It doesn't have to be soon. The important thing is that sooner or later Elon will start pumping the DOGE price again, whether it will be in half a year, in a year or even in a few years, it is certain that sooner or later the DOGE will reach the $1 level. HODLers will win again!

The Dogecoin hype has spread at this time, but I don't believe it easily, we never know how many Doge coins Elon is currently holding, and for sure a big investor can't possibly only hold one coin, because Elon could make Dogecoin pump just a fad. and only for entertainment.

He can do what he desires to do, he's money and it's right whatever direction he pointed. The fact here is

Musk holding huge amount maybe, and if he push this coin much harder the better value it can proceed, though

if he do the otherside then expect that the value might fall, can go back to the current state or it can go and

up and reached $1 or more.

onecall123

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Quote from: bitgov on April 26, 2021, 04:31:51 PM

It doesn't have to be soon. The important thing is that sooner or later Elon will start pumping the DOGE price again, whether it will be in half a year, in a year or even in a few years, it is certain that sooner or later the DOGE will reach the $1 level. HODLers will win again!

The Dogecoin hype has spread at this time, but I don't believe it easily, we never know how many Doge coins Elon is currently holding, and for sure a big investor can't possibly only hold one coin, because Elon could make Dogecoin pump just a fad. and only for entertainment.

You think Doge could end up badly because of Elon, however I believe there's more walk to go. All I can say getting it while Elon playing with Doge. Imo not a bad shitcoin to invest in, just knowing high risk. Doge is a shitcoin but because of the support from Elon it turned out to be more valuable.

Sithara007

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The gap between the market capitalization of Dogecoin and Cardano has become wider ($48 billion vs $42 billion), and at the same time, the difference between Doge and Tether (USDT) is getting narrower. I think once again Doge will enter the top-5 list, if this trend continues. The cryptocurrency market as of now is driven primarily by pure hype and the investors are not much bothered by the lack of adoption/acceptability and bugs in the algorithm.

Alohadanc3

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It looks like it can. Personally I never think that doge ever will reach this high. This was a project with no target but somehow community heavily supported the project. And for community dogecoin is herem the whole crypto community space shows its strength again. And now a days many celebrities are also got their hand s in doge. So day by day it's going more popular. But if market is upside like this doge can easily go to $1.

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I think it is a matter of weeks now that Doge coin will worth 1$. I think in a month or two you will see Doge coin hitting this target. Resent sure in the price help the coin to gain a bit of momentum to go higher.

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Quote from: Noruka on April 27, 2021, 07:32:40 AM

Quote from: bitgov on April 26, 2021, 04:31:51 PM

Quote from: lozovenkop on April 26, 2021, 03:21:20 PM

I don't think it will be soon. The hype around doge is huge, but there is a lot of resistance. Another big problem is hamsters - a few bad news and the doge will go to the bottom. Although, maybe Elon has already come up with something and doge will be on the moon.

It doesn't have to be soon. The important thing is that sooner or later Elon will start pumping the DOGE price again, whether it will be in half a year, in a year or even in a few years, it is certain that sooner or later the DOGE will reach the $1 level. HODLers will win again!

I wouldn't trust that idea easily. If Elon feels like it, maybe yes, but there is no certainty for that. He might choose another coin. Nobody knows how much he holds or if he is holding any DOGE at all right now.

Elon is most likely protecting his reputation, and you can bet that many people will be upset if they discovered that he is merely playing with the market. So I doubt Elon would choose any coins, and that's why he just chose Dogecoin: it's a meme coin, and he doesn't want to be associated with other coins, no competence. When Elon is shilling, he is well aware of his potential and impact on the market, and he will, of course, make the smart move; he is a clever man, after all, and that is how he became a millionaire.

Sooner, I'm sure that Dogecoin will hit 1$, just wait for a week or months, it will show us its potential.

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Quote from: bitgov on April 26, 2021, 04:31:51 PM

Quote from: lozovenkop on April 26, 2021, 03:21:20 PM

I don't think it will be soon. The hype around doge is huge, but there is a lot of resistance. Another big problem is hamsters - a few bad news and the doge will go to the bottom. Although, maybe Elon has already come up with something and doge will be on the moon.

It doesn't have to be soon. The important thing is that sooner or later Elon will start pumping the DOGE price again, whether it will be in half a year, in a year or even in a few years, it is certain that sooner or later the DOGE will reach the $1 level. HODLers will win again!

I wouldn't trust that idea easily. If Elon feels like it, maybe yes, but there is no certainty for that. He might choose another coin. Nobody knows how much he holds or if he is holding any DOGE at all right now.

bitgov

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Quote from: lozovenkop on April 26, 2021, 03:21:20 PM

I don't think it will be soon. The hype around doge is huge, but there is a lot of resistance. Another big problem is hamsters - a few bad news and the doge will go to the bottom. Although, maybe Elon has already come up with something and doge will be on the moon.

It doesn't have to be soon. The important thing is that sooner or later Elon will start pumping the DOGE price again, whether it will be in half a year, in a year or even in a few years, it is certain that sooner or later the DOGE will reach the $1 level. HODLers will win again!

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Quote from: lozovenkop on April 26, 2021, 03:21:20 PM

I don't think it will be soon. The hype around doge is huge, but there is a lot of resistance. Another big problem is hamsters - a few bad news and the doge will go to the bottom. Although, maybe Elon has already come up with something and doge will be on the moon.

which makes it difficult to reach it because several Dogecoin holders have a very large number. they're like a ticking time bomb that can get Dogecoin to the bottom quickly. precisely in this good momentum is their chance to achieve it. but I'm sure when that happens there will be a coin dumping fast.

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Quote from: Bilgent on April 24, 2021, 04:59:23 AM

$1 dollar target for Dogecoin is not really impossible I think. Everyone knows that it can reach this level as long as Elon Musk is one of the number one supporters of it. I wonder whether he invested in Dogecoin a lot. But I don't think so, maybe a little amount. Grin

Nobody knows how much Elon Musk invested in Dogecoin, even though he has been very concerned about Dogecoin, we all have to be more careful about Dogecoin because when Elon Musk stops caring about Dogecoin, we will find a severe drop in price for Dogecoin.

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Quote from: TangentC on April 26, 2021, 03:14:38 PM

Forget $1 , according to many opinions we are looking for $10 per dogecoin as early as the year 2024. (Only 3 years from now.)
By 2025, BTC at $1 million and Doge at $10 is the opinion of many.
If that holds true, then Doge Investors will earn ~double the profit$ of BTC investors in that time period.
Either way , investors would do great.

This sounds very optimistic, but then again who would have thought that DOGE can reach 1 cent? Then at 1 cent who would have thought it can go to 10 cents? And from there even higher.

I have no idea what to think.

lozovenkop

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I don't think it will be soon. The hype around doge is huge, but there is a lot of resistance. Another big problem is hamsters - a few bad news and the doge will go to the bottom. Although, maybe Elon has already come up with something and doge will be on the moon.

TangentC

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Forget $1 , according to many opinions we are looking for $10 per dogecoin as early as the year 2024. (Only 3 years from now.)
By 2025, BTC at $1 million and Doge at $10 is the opinion of many.
If that holds true, then Doge Investors will earn ~double the profit$ of BTC investors in that time period.
Either way , investors would do great.

Muslimin mj

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Quote from: finaleshot2016 on February 11, 2021, 06:06:01 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?

I think Dogecoin has a great chance of hitting a price of $ 1 in the future, because at this time Dogecoin was greatly helped by the presence of Elon Musk who talked about it through the media and also his "tweets". However, Dogecoin will take some time to reach the price of $ 1 in the near future because the total supply is so large that it is very difficult to reach the price of $ 1. but in the world of cryptocurency everything can happen without us expecting.

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Quote from: nakamura12 on April 24, 2021, 07:28:21 AM

It may reach $1 sooner or later but as of now I don't think that dogecoin will reach it. According to the site I read that dogecoin has 16.7% implied probability reaching 1 dollar at the end of 2021 and 5.9% implied probability to reach $1 at the end of april. If many people will uptrend the dogecoin more then it might be possible.

Actually, to reach $ 1 depends on market conditions and also investors, I think it will be difficult because the all time high doge to Bitcoin has been reached, therefore I have sold some of my doge, especially to take initial capital. for the rest I'm going to look at at the end of the year, to what extent the doge movement will go

nakamura12

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It may reach $1 sooner or later but as of now I don't think that dogecoin will reach it. According to the site I read that dogecoin has 16.7% implied probability reaching 1 dollar at the end of 2021 and 5.9% implied probability to reach $1 at the end of april. If many people will uptrend the dogecoin more then it might be possible.

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Quote from: Btc_1856 on April 23, 2021, 10:19:40 AM

Quote from: Koro-Sensei on April 23, 2021, 10:08:57 AM

Its over hyped. I don't believe that this coin will further but in my guess it will dip even more. Without its real life usage and equivalent value plus without a good team, 128Billion dollars market cap is hard to attain.

Agree, but till now, the Doge coin is mainly used in crypto-based casino's, in real life, nobody didn't accept the Doge as payment and once after Elon mask tweet this coin generating a huge amount of volume. It might be useful for payment option in the coming days for sure.

If we have even such news about acceptance, I am sure the coin will rise manifolds in quick time and since its currently in cents only so the growth potential to reach 1$ is easily possible, and also I think can even reach 2 digit mark in coming years as well. Some push here and we might even see it crossing 0.5$ in next week itself.

Bilgent

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$1 dollar target for Dogecoin is not really impossible I think. Everyone knows that it can reach this level as long as Elon Musk is one of the number one supporters of it. I wonder whether he invested in Dogecoin a lot. But I don't think so, maybe a little amount. Grin

Alohadanc3

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Dogecoin 1$ target is pretty high. But if market market continue to go uptrend that also can be possible. And the difference between other crypto and doge is doge come with just and just casualness. But somehow the community loved with this token. And they fully pushed it. Now many celebrities are backing up doge. If more people started to back up doge like this. It will not hard for doge to go $1 cause it's in a great hype.

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Quote from: Koro-Sensei on April 23, 2021, 10:08:57 AM

Its over hyped. I don't believe that this coin will further but in my guess it will dip even more. Without its real life usage and equivalent value plus without a good team, 128Billion dollars market cap is hard to attain.

Agree, but till now, the Doge coin is mainly used in crypto-based casino's, in real life, nobody didn't accept the Doge as payment and once after Elon mask tweet this coin generating a huge amount of volume. It might be useful for payment option in the coming days for sure.

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