Can Dogecoin reach 1$ soon? - page 21.

Raflesia

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Quote from: Ziskinberg on April 12, 2021, 10:39:41 AM

For me, if you believe that Dogecoin will reach $1, then definitely you are at the right time. However, in general, the situation is not good for long term investing, unless a project is really making sense in the crypto space like Binance where its the hottest coin now and they really have a real development. Everyone of us might have a different evaluation on a certain coin, dogecoin could be a potential coind for some people but it could be the opposite for some people too.

Dogecoin has a prominent person behind it, say Elon Musk, so it can be said that the hype he created when there was a tweet about Doge would definitely go up so some people will be waiting for Elon Musk's next tweet so for me this is still in the hands of someone that could lead to a base drop so I'll wait and how he stops to do the hype I'm afraid when the whale dumps more doges there will inevitably be a very deep worry.

Ziskinberg

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Quote from: carlisle1 on April 12, 2021, 10:17:16 AM

Quote from: TWW on April 12, 2021, 09:52:36 AM

Quote from: billy.ryoko on April 12, 2021, 09:49:11 AM

I still can't understand Dogecoin price can pump in this year, this is one of the altcoins over the price in my list, no use-value in the market, and without the upcoming project in the future, the is the gameable is not the investment for my opinion. Huh

but the market responds differently to your thoughts.
I also do not believe the pump has happened and you and many other people can also see it happening.
The community of Dogecoin holders and miners is huge. just believe they can manipulate the Dogecoin market. in a short time, they can go up, but on the other hand, they can also collapse in a short time.

That's the risk that you needed to consider too! If those behind this project managed to pull it up,
the chance that they can also pull it down is very possible.

Take time to review and assess if you are willing to move on and continue to invest or wait for a while and see if how this coin will push for more.

A matter of time, it's an opportunity yet also a risk if you failed to invest in right time and the right place.

For me , if you believe that Dogecoin will reach $1, then definitely you are at the right time. However, in general, the situation is not good for long term investing, unless a project is really making sense in the crypto space like Binance where its the hottest coin now and they really have a real development. Everyone of us might have a different evaluation on a certain coin, dogecoin could be a potential coind for some people but it could be the opposite for some people too.

carlisle1

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Quote from: TWW on April 12, 2021, 09:52:36 AM

Quote from: billy.ryoko on April 12, 2021, 09:49:11 AM

I still can't understand Dogecoin price can pump in this year, this is one of the altcoins over the price in my list, no use-value in the market, and without the upcoming project in the future, the is the gameable is not the investment for my opinion. Huh

but the market responds differently to your thoughts.
I also do not believe the pump has happened and you and many other people can also see it happening.
The community of Dogecoin holders and miners is huge. just believe they can manipulate the Dogecoin market. in a short time, they can go up, but on the other hand, they can also collapse in a short time.

That's the risk that you needed to consider too! If those behind this project managed to pull it up,
the chance that they can also pull it down is very possible.

Take time to review and assess if you are willing to move on and continue to invest or wait for a while and see if how this coin will push for more.

A matter of time, it's an opportunity yet also a risk if you failed to invest in right time and the right place.

TWW

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Quote from: billy.ryoko on April 12, 2021, 09:49:11 AM

I still can't understand Dogecoin price can pump in this year, this is one of the altcoins over the price in my list, no use-value in the market, and without the upcoming project in the future, the is the gameable is not the investment for my opinion. Huh

but the market responds differently to your thoughts.
I also do not believe the pump has happened and you and many other people can also see it happening.
The community of Dogecoin holders and miners is huge. just believe they can manipulate the Dogecoin market. in a short time, they can go up, but on the other hand, they can also collapse in a short time.

billy.ryoko

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I still can't understand Dogecoin price can pump in this year, this is one of the altcoins over the price in my list, no use-value in the market, and without the upcoming project in the future, the is the gameable is not the investment for my opinion. Huh

leea-1334

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Quote from: btc-facebook on April 11, 2021, 06:02:12 PM

Many think like you, the increase in the price of Dogecoin doesn't make any sense, but I think it makes sense if we look at the reason is because of Elon Musk. Elon Musk has tens of millions of followers and it's very easy for Elon Musk to make a FOMO,
but indeed, if we look at the fundamentals, Dogecoin has bad fundamentals and it is actually very impossible for Dogecoin to increase its price very high,
If it weren't for Elon Musk I doubted the price of Dogecoin would be up to $0.08 or even $1, but after Elon Musk took a look at Dogecoin, now it's not impossible for Dogecoin to be priced at $1.

Crypto really does not make a lot of sense and logic if we apply conventional market wisdom to it. This is what makes it both special and dangerous at the same time.

Just be happy we are in the good times now but also be very aware that a lot of this can also be taken away from under us at any time. Dogecoin fundamentals very tricky with Elon and other influencers,,,

tabas

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Quote from: Momoamzad on April 11, 2021, 03:26:28 PM

Dogecoi. Is growing fastly but $1 can not say anything. It is far compare than to other altcoin .

It's not that happening soon.

Quote from: Momoamzad on April 11, 2021, 03:26:28 PM

People are not accepting it seriously I think. I think it will take much more time to reach $1 /

Because it's a meme coin but if you look at the demand even before the Musk hype, there's a lot of people that prefer it due to the low fees and faster transaction that you can do using it.

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Quote from: Vishnu.Reang on April 11, 2021, 07:49:06 AM

During the last 6 months or so, DOGE has gone up by 25 times. It just doesn't make any sense.

Many think like you, the increase in the price of Dogecoin doesn't make any sense, but I think it makes sense if we look at the reason is because of Elon Musk. Elon Musk has tens of millions of followers and it's very easy for Elon Musk to make a FOMO,
but indeed, if we look at the fundamentals, Dogecoin has bad fundamentals and it is actually very impossible for Dogecoin to increase its price very high,
If it weren't for Elon Musk I doubted the price of Dogecoin would be up to $0.08 or even $1, but after Elon Musk took a look at Dogecoin, now it's not impossible for Dogecoin to be priced at $1.

Momoamzad

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Dogecoi. Is growing fastly but $1 can not say anything. It is far compare than to other altcoin . People are not accepting it seriously I think. I think it will take much more time to reach $1 /

ZAINmalik75

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Yeh dogecoin can reach at 1$ but not too soon. We know that its base on a concept like memes its mean its concept is not like too fair but better than too bad .
But if we observe his background its belong to the world wealthy man elon mask he can do anything so we can't say that doge will not cross 1$ it will be but not too soon

daenarys_stormborn

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yes it can happen, but looking at the current condition it seems like it is difficult to realize, because considering Doge coin can be pumped because of Elon Musk, but now it seems like Elon Musk doesn't care anymore about Doge coin because it only considers it a joke

leea-1334

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Quote from: Amejoaquim on April 09, 2021, 11:22:00 PM

Recently I saw a famous celebrity (Amanda Cerny) tweet about doge too and i'm very salute about the hype of this coin.

Even though Doge is supported by many top artist and Elon Musk, for me $1 price is unrealistic.

Artists and technology influencers using Doge? I know it is not sustainable but hey it is better than 99% of altcoins that need to pay thousands in marketing every year just to stay alive right?

If anybody said DOGE would be 250 sats when Bitcoin was above $20,000 they would have been called crazy. Now if BTC is 1 million and DOGE can maintain 100 sats that would be a really good start;)

Vishnu.Reang

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During the last 6 months or so, DOGE has gone up by 25 times. It just doesn't make any sense. DOGE is overhyped these days, but in terms of adoption and acceptability, it is far behind when compared to similar altcoins such as LTC and BCH. If anyone creates a list of online stores where DOGE is accepted and compares it with similar lists with LTC and BCH, this will be clear. DOGE has gone up purely due to hype and not due to any fundamentals. And in 99% of the cases, such growth is not sustainable in the long term.

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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?

My answer is maybe but ithink in 2026 up , but if elon do the doge burn supply ithink its posible but this year bull market is not. idont know who knows elon musk is influencer social media . maybe 2023 or more.

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Quote from: Alohadanc3 on April 10, 2021, 10:42:32 PM

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 but also the whole market need to grow.

The big difference is when Elon Musk makes good tweets or any social media post about this coin, the market keeps on following
him in terms of taking opportunities.

You need to watch out if there's a good sign from Musk then assess it with your knowledge if you are willing to move or push forward
in investing to this project, $1 is always possible as we are inside crypto market.

Elon comes out with a lot of rubbish and controversial stuff, but Dogecoin does seem to have the stability and quantities that will be needed for a successful cryptocurrency. You might start to see more and more overspill into these "smaller" altcoins as small scale investors can get much higher potential returns now that Bitcoin is constantly being driven to new all time highs. If you look at the market cap of Dogecoin right now it is $8 billion, which is tiny in comparison to Bitcoin at $1.1 trillion. Even if DOGE multiplied in value by 15x the total market cap would still only be a tenth of the total BTC value..

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With a large supply of DOGE it would be a great achievement if DOGE could reach $ 1 from its current price. In this crypto market anything is possible. it is likely that DOGE could reach $ 1 and could even fall back to its initial low price.

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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 but also the whole market need to grow.

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Quote from: sunny28 on April 09, 2021, 03:47:53 PM

Well, with such pumps and news from Elon Musk, everything is possible, but his posts no longer cause such panic in the market as before.

If other public figures get involved in the future, then anything can become possible.

- Of course, the posts were no longer overpowering the public as people recognized Elon Musk's lead, he was trying to push people to join Dogecoin to further increase his profits shile the margins of the participants behind are relatively low and easily dumped by big bosses like Elon Musk. More influential people joining cannot become a plus in this situation when this scenario is outdated but Dogecoin's chances are still quite good as the market's sublimation and peak have been continuously accelerated, goals are possible under these ideal conditions

Amejoaquim

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Recently I saw a famous celebrity (Amanda Cerny) tweet about doge too and i'm very salute about the hype of this coin.

Even though Doge is supported by many top artist and Elon Musk, for me $1 price is unrealistic.

sunny28

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Well, with such pumps and news from Elon Musk, everything is possible, but his posts no longer cause such panic in the market as before.

If other public figures get involved in the future, then anything can become possible.

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