Can Dogecoin reach 1$ soon? - page 18.

so98nn

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It was so pleasuring to read through all these positive comments up here. I don't know but DOGE has started to get into the minds of every other person out of 3-5 people. I mean obviously this is not calculated ratio but to understand what we are going through, this is what it looks like guys. Just now I commented on the other thread regrading doge, and I surely believe that reaching $1 is not big thing for it.

Though many of them think it's just a meme coin then also it has value because of rich supports. It's fine if they don't have utility value, but they have supporters now who think that it's easy to invest (cheap) coin and can do easy day trading on the same. Tongue

So until the time this craze is out there, one can earn big out of it and will drive it slowly above 1 buck for sure.

bluebit25

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Many people say that dogecoin was a phenomenon in the overall bull market. I was surprised it received a lot of love from Elon Musk and since then people have pumped the price has increased so many times, and if it is going to surpass $ 1 I would not be too surprised.

rosebrand

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Like you said already it's a meme coin and it got no utility, no doubt it's just the shilling of Elon Musk and other big crypto guys that is pumping the price of doge to this extent and those investing should hope and pray for this big guys to continue shilling this coin if not in time to come this coin might be dumping while other potential coins might be pumping, for me I think for now those who are investing in Doge should just be watchful and take profit while in profit, I won't really advice anyone to invest in doge coin and hold for long term, for me I see it as a coin to jump in make profit and leave.

fosco333

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Quote from: nightwishx on April 17, 2021, 04:35:13 PM

Quote from: jahepahit on April 17, 2021, 04:19:43 PM

i believe many among the doge investors will know that there is nothing special about and has no use. musk influence is what is pushing up the price and i believe he will push it to 1$ and beyond. the best thing is to take profit for anyone following it. i see its following a pump and dump pattern.

In my opinion, just having coins as a meme but not having a real use case is not good for Doge. You know, because it's just a pump and dump coin. unless in the future Doge decides to become a coin with a real use case and is adopted as a good payment system, it will be a different story

But i think as long as it is profitable to us, why not to buy Doge ? Did you see many meme tokens created on Binance smart chain ? Safemoon for example.
Either it is real use case coin or meme coin, both of them have value so we can say it is worth to buy and hold them.

harapan

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Activity: 1904

Merit: 306

With the recent pump in price yes its very much possible for dogecoin to reach $1, dogecoin grew from about top 20 to top 5 cryptocurrency in less than a month, the price was over $0.50 before the dip happened, I'm even considering buying some of it very soon, I know it's a meme coin with no real utility, but it's not that bad to make profits from a meme coin afterall profit is profit, dogecoin certainly will reach $1 someday.

ecnalubma

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It’s possible that this coin will hit that price but imagine if those Billionaires will dump their holdings in the face of small time holders. I hope that Elon is ready for backlash when he continues to messed up with innocent investors, If he’s really serious for Dogecoin he should add it as payment method for his Tesla’s.

kramchers

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Well, when I checked the price value of dogecoin now look what I found https://coinmarketcap.com/currencies/dogecoin/ yesterday it was
something 0.3$ almost and now it was more than 0.4$ closed to 0.5$, what is going on to this coins, this is obviously a hype of pump and
dump only. Yeah, it maybe happen to reach that amount of price but still remain an speculation depending on the belief I guess of the individual traders here in crypto space.

DarkDays

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Quote from: nightwishx on April 17, 2021, 04:35:13 PM

Quote from: jahepahit on April 17, 2021, 04:19:43 PM

i believe many among the doge investors will know that there is nothing special about and has no use. musk influence is what is pushing up the price and i believe he will push it to 1$ and beyond. the best thing is to take profit for anyone following it. i see its following a pump and dump pattern.

In my opinion, just having coins as a meme but not having a real use case is not good for Doge. You know, because it's just a pump and dump coin. unless in the future Doge decides to become a coin with a real use case and is adopted as a good payment system, it will be a different story

You say that but the feeling I get is that DOGE has all been about pump and dump. Lately, this has changed somewhat with lots of buys driving its price to new highs.

But I agree if real functionality doesn't become available for DOGE the momentum might slow down, even so the media coverage this coin has got over the past few weeks might even help it reach the $1 mark. Tbh at this point I wouldn't be surprised.

armanhusni

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maybe more than the price you say. but this price will be obtained by Dogecoin after many rich people join Dogecoin. as now the price of Dogecoin has reached the price of ATH, in my opinion it is due to the large number of large investors who have joined the doge.

mejim

newbie

Activity: 44

Merit: 0

everything can go up infinite, why not $10 or $100?
everything can only go to 0 but not below it, something is wrong here?
what is wrong here someone know?

Saint-loup

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Quote from: RondoAnyar on April 17, 2021, 11:13:58 PM

i think it can happen to doge if elon musk still has a big influence. but believe me doge coins are only temporary hype and can't last much longer to stay in high prices, because what we know doge is a coin that is seasonal in nature

Yes you're right Doge is regularly pumped and dumped but I don't think people are only expecting tweets from Elon Musk to pump its price, they are expecting real actions in the real world from it. Elon Musk is an industrial entrepreneur that makes real things for the physical world, he has already allowed payments in Bitcoin to buy Tesla. So they maybe expect some real surprises from him in the coming months.

RondoAnyar

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$CYBERCASH METAVERSE

i think it can happen to doge if elon musk still has a big influence. but believe me doge coins are only temporary hype and can't last much longer to stay in high prices, because what we know doge is a coin that is seasonal in nature

MadeMen

copper member

Activity: 389

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Quote from: ?? on ??

Even we have seen that dogecoin reaches its new all time high at .45$ mark, I dont think that it can reach that 1 dollar mark knowing that the circulating supply of it so enormous and infinitely many.

I was thinking same about the circulating supply, until it dawn on me that the cryptocurrency market is huge. Several persons see dogecoin as a joke because it lacks a real use case, but we need to understand that the market is bullish and decentralized meaning that the price could be pumped irrespective of whether the coin is useful or not. If dogecoin could get to 0.45 in less than a day, it could exceed $1 before you know it.

billy.ryoko

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Now crazy the current price is $0.2877, but forget the price change over 40% within 24hour, I am want to know how many have lost the money in this time, I don't think Dogecoin is a real project, it has not the use case in the market.

LUCKMCFLY

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Leading Crypto Sports Betting & Casino Platform

Apparently Doge has a high capitalization at the moment, $ 1 may be something that many do not see so unreal anymore, however some think that Elon Musk will continue to Tweets for Doge to reach 1USD, in the Cointelegraph magazine they emphasize the following:

Dogecoin doubles in a day as YTD gains hit 5,000%, while Bitcoin price dips

Quote

The frenzy saw DOGE leapfrog Bitcoin Cash and Litecoin in the rankings, with a market cap that’s twice as big as Deutsche Bank’s.

Even professional traders have been caught by surprise. There’s one thing we know for certain, though: Bold predictions of a $1 DOGE one day are now looking less outlandish.

Source: https://cointelegraph.com/magazine/2021/04/17/coinbase-frenzy-doge-dazzle-btc-records-cramer-paperhands-041117

If Doge hits $1, many will start selling without question, what I sometimes think is Elon Musk wants to be Doge's strong hands and manipulate that market however he wants, maybe he wants to have a safe haven there for corrections of Bitcoin.

Amejoaquim

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Activity: 924

Merit: 100

I hope elon can stop talking about this coin because it feels so disgusting to see a coin that has no use but can go up very high.

But that's what ALT SEASON is, even a non-functional coin can go up high and seems to be in a correction right now.

CaVO32

full member

Activity: 1848

Merit: 158

Quote from: nightwishx on April 17, 2021, 04:35:13 PM

Quote from: jahepahit on April 17, 2021, 04:19:43 PM

i believe many among the doge investors will know that there is nothing special about and has no use. musk influence is what is pushing up the price and i believe he will push it to 1$ and beyond. the best thing is to take profit for anyone following it. i see its following a pump and dump pattern.

In my opinion, just having coins as a meme but not having a real use case is not good for Doge. You know, because it's just a pump and dump coin. unless in the future Doge decides to become a coin with a real use case and is adopted as a good payment system, it will be a different story

The use case right now in doge is more on transfer purposes and gambling section. Would be nice if doge will be one of the top cryptos that will be included in the payment system of merchants. Their fees are relatively cheap than bitcoin. However, this use case is yet to be seen. Right now, the price is merely depending on Elon Musk's tweet, which is not very sustainable. We don't know the ulterior motives of Musk why he is doing it. Does he really believe in doge? What is in store for him for doing this random promotion of doge?

nightwishx

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Quote from: jahepahit on April 17, 2021, 04:19:43 PM

i believe many among the doge investors will know that there is nothing special about and has no use. musk influence is what is pushing up the price and i believe he will push it to 1$ and beyond. the best thing is to take profit for anyone following it. i see its following a pump and dump pattern.

In my opinion, just having coins as a meme but not having a real use case is not good for Doge. You know, because it's just a pump and dump coin. unless in the future Doge decides to become a coin with a real use case and is adopted as a good payment system, it will be a different story

MUG1WARA

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Quote from: sulis sudibyo on April 17, 2021, 04:08:01 PM

maybe it can happen. Elon musk just needs to tweet about doge every week and doge will go up to $1or even higher than that. but it's not a thing that will last, without a real use case it won't be able to survive even if it has gone up high. And I'm sure Elon Musk's influence won't last forever. there will be times when he loses his influence.

I once had a doubt about dogecoin reaching 10cents but now I don't know what to think of this meme coin anymore it's trading over 30cents I guess, now I have a feeling dogecoin can reach $1 for sure, just as you said with more Elon Musk's tweets we can see dogecoin reaching it, Elon is literally turning this meme coin into something else his followers are just so carry about any meme tweet about dogecoin.

jahepahit

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i believe many among the doge investors will know that there is nothing special about and has no use. musk influence is what is pushing up the price and i believe he will push it to 1$ and beyond. the best thing is to take profit for anyone following it. i see its following a pump and dump pattern.

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