This is DOGE circulating supply: 128,962,415,706 DOGE
Do you really think DOGE can reach 1$ with this supply? It's 5-6 cents now, that means DOGE will grow ~20 times. That makes DOGE's marketcap 140 billion dollars. It's possible but unlikely. I wouldn't bet on it, especially not if you only rely on Elon Musk. That won't be a wise investment decision.
Topic: Can Dogecoin reach 1$ soon? - page 25. (Read 13841 times)
It is impossible for dogecoin to reach 1$ given that it has no maximum supply considering also the marketcap if it really reaches that price. Miners and whales would just dump their holdings even before reaching 0.1 cents. It has no utility and only became popular because Elon Musk always shills it. Though it is one of the OG coins I don't really suggest investing serious on it because it has no development since I've found out about bitcoin way back 2016.
Well, my main belief right now is that DOGE will not reach a dollar, ever. It was conceived as a meme coin and it will stay that way. Sure there are people mining and trading but that is only a small number of people who use DOGE only as exchange coin because of its cheap fees. Only an adoption by some big corporation on the coin would be its saving grace. Maybe even boosting the coin to reach 1000 satoshis. If that happen then it will be a big payday for the whales who trusted the meme.
If we look at today's Dogecoin price of $0.05, then for $1 it won't be too difficult for Dogecoin as long as Elon Musk and his followers still support this meme coin, I will be a little pessimistic that Dogecoin will go to $1 if there is no support from Elon Musk, because Dogecoin is fundamentally not strong enough.
But who knows the future, this bull market is very different from 2017, maybe Dogecoin has other supporters besides elon musk and the price is pumped to $1.
But who knows the future, this bull market is very different from 2017, maybe Dogecoin has other supporters besides elon musk and the price is pumped to $1.
$1 is too good for doge, even if there are lot of celebrities supports and promote it. Ofc anyone wants it, including me, but the reality, there's no way it could reach such price. 1-3 cent is possible but not for $1, it doesn't have any use case rather than a meme's face, hyped by elon and ofc its fast transaction and low fee.
If its a $1 value it could top till top 3 of cmc based on its marketcap, we don't even know til what # its total supply is, and its one of the reasons why its price will remain to what it is now.
If its a $1 value it could top till top 3 of cmc based on its marketcap, we don't even know til what # its total supply is, and its one of the reasons why its price will remain to what it is now.
It is very difficult for Dogecoin to reach 1 $ because of the enormous supply and the pump price because of the Fomo effect of the big people in the world because there is very little demand
Yes, It’s very difficult to reach $1. Dogecoin never reached $0.1. It’s not impossible to reach $1. But, I think Doge will be reach $1 if demand increased so much.
but the big consideration is the unlimited coin holder and supply. there is even a large hold on Dogecoin. and mostly I'm sure there are from the Doge mining community that holds so much Dogecoin.
It is very difficult for Dogecoin to reach 1 $ because of the enormous supply and the pump price because of the Fomo effect of the big people in the world because there is very little demand
Yes, It’s very difficult to reach $1. Dogecoin never reached $0.1. It’s not impossible to reach $1. But, I think Doge will be reach $1 if demand increased so much.
It is very difficult for Dogecoin to reach 1 $ because of the enormous supply and the pump price because of the Fomo effect of the big people in the world because there is very little demand
It wouldn't be happen, trust me.
I think theres a lot of peoples knowing about DOGE is just meme coins and dont have any target in the future.
How is that possible with 120 B supply can reach $1, no no no for me it's delusional.
Couldn't agree more, not to mention the coin keep adding day by day and there's no hard cap for total supply (cmiiw).I think theres a lot of peoples knowing about DOGE is just meme coins and dont have any target in the future.
How is that possible with 120 B supply can reach $1, no no no for me it's delusional.
some people more specifically in reddit think doge really gonna hit $1 mainly because they want to ride the same elon hype train again but trust me, if people really want doge to reach $1 one day, they gonna need more than elon's tweet.
It wouldn't be happen, trust me.
I think theres a lot of peoples knowing about DOGE is just meme coins and dont have any target in the future.
How is that possible with 120 B supply can reach $1, no no no for me it's delusional.
I day traded DOGE in Binance I was very disappointed with the the coin has a low volatility without any momentum the coin was stagnant throughout while other coins pumped I hurriedly close my position and move on to another coin.I think theres a lot of peoples knowing about DOGE is just meme coins and dont have any target in the future.
How is that possible with 120 B supply can reach $1, no no no for me it's delusional.
I agreed DOGE huge supply had an impact on the low growth of the coin imagine lot of coins that were launched after DOGE are all pumping well and trading with huge volumes in all the major exchanges I hope DOGE developers look into it thus putting it into a proper shape.
It won't reach 1$ unless they limit supply and burn tokens, which looks impossible right now.
Don't get your hopes up because it has ridiculous market cap value already. It can't pass Bitcoin marketcap, ever.
Don't get your hopes up because it has ridiculous market cap value already. It can't pass Bitcoin marketcap, ever.
Predictions that I think are impossible in the near future. No matter how strong Elon Musk's fomo is to encourage people to buy, it would take 10X of Doge's current Marketcap to push the price down to 1 $. and I think this will be impossible if done in the near future. It takes big money to be able to change the price of a doge by 1000% increments. In addition, people have also started to get bored with what Elon Musk did to provide information, but every time it turns around to what he tweeted before.
It wouldn't be happen, trust me.
I think theres a lot of peoples knowing about DOGE is just meme coins and dont have any target in the future.
How is that possible with 120 B supply can reach $1, no no no for me it's delusional.
I think theres a lot of peoples knowing about DOGE is just meme coins and dont have any target in the future.
How is that possible with 120 B supply can reach $1, no no no for me it's delusional.
In my opinion I find it really hard for this coin to pump around $1.00 or so, due to the hype of media and Elon Musk the coin pump for some reason however the utility of this token is a huge question. Don't ride this hype with a billion token circulating, I don't think so.
Dogecoin does get strong support for Elon Musk but you must know that the supply of Dogecoin is too much so that it will make it difficult for Elon to increase its price, there should be another strong support that has a lot of money to make the Dogecoin price go up and of course can use Dogecoin as one alternative transactions that can be used for many people because when demand increases it will make the price rise.Thats right so before Doge reach that $1 price it should have a tremendous volume cane from various investors since if only elon will just hype it up maybe we can only see a pump and dump scheme from Dogecoin. Although many look at it as option in their transaction but I think this is still not enough for it to reach that price.
In my opinion I find it really hard for this coin to pump around $1.00 or so, due to the hype of media and Elon Musk the coin pump for some reason however the utility of this token is a huge question. Don't ride this hype with a billion token circulating, I don't think so.
For me it's really hard to reach $1 dogecoin. But this market is full of volatile so it's also hard to predict. And when it's doge it's really hard to predict. Cause doge come to this market just to fun with no future preparation. But somehow the doge community started to like it and now many celebrities are into doge. So it collect some free promotion to mass from many big names. If more people started to promote it I think it can reach any target.
Dogecoin is a meme coin or shitcoin that has no value from year to year, now Dogecoin has shown its identity and is attracting investors with an increase that is very far from analyzing the possibility that Dogecoin will stick higher or fall lower in the coming year, Dogecoin is also a one of the coins that are the target this year is it last long, we are not yet in the next year what will happen
I would be carefulwith Dogecoin aswell. So far the Coins performed very well this year with 1000 % year to date return. But expecting Doge to rise to $1 is too much in my opinion. With currently only $0.055 that would mean it would be another huge rally. This could only happen if another big investor would decide to buy a large part of the market.
i am not agree with your statement because doge is not any fundamentally strong doge coin is meme coin and some big influencer are talking about and they suggest t every one buy this coin so that the reason they will get some hype in 2021 but i am not sure they will reach 1$ we all this is a crypto market everything is possible i am not sure they will reach this kind of price .
Dogecoin is a meme coin or shitcoin that has no value from year to year, now Dogecoin has shown its identity and is attracting investors with an increase that is very far from analyzing the possibility that Dogecoin will stick higher or fall lower in the coming year, Dogecoin is also a one of the coins that are the target this year is it last long, we are not yet in the next year what will happen
I would be carefulwith Dogecoin aswell. So far the Coins performed very well this year with 1000 % year to date return. But expecting Doge to rise to $1 is too much in my opinion. With currently only $0.055 that would mean it would be another huge rally. This could only happen if another big investor would decide to buy a large part of the market.
In my opinion, I do not think it will ever touch 1$ value. Its been quite popular now When Elon Musk also invested money in Dogecoin. Yes, Its just a meme coin, and I don't have expectations from this coin but sometimes markets behave unnaturally and anything can happen with any coin still the chances of Doge to 1$ is almost nil.
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