Can Dogecoin reach 1$ soon? - page 26.

TastyChillySauce00

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Quote from: bandungan on March 22, 2021, 05:49:10 PM

It is very difficult in my opinion, seeing the current price of Dogecoin with a large total supply and also Dogecoin will not be like other altcoins that can have a drastic pump in just a few hours. but even so, Dogecoin can still be used as one of the coins used

Agreed, even the fact that doge could still hold its value at around half of ATH despite the hype has died out is already good enough for Doge. If it really hits $1 in the future then the market capitalization would be very huge and I doubt at that time people not gonna dump, it seems the big whales gonna dump doge to the bottom if $1 price ever reached since that's exactly what they aiming for.

deathcode

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to be honest that would be hard to achieve. $ 1 is still too far and heavy for Dogecoin. even if there was a coin burn of up to half I still doubt Dogecoin would have achieved it.
The current price of Dogecoin is clearly regulated by their large community which holds large amounts of coins. if the developer does not limit supply and mining. $ 1 is very unlikely to be achieved.

susuberuang

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DOGE coin is very good altcoin to invest in the long run, but DOGE coin is unlikely to reach $1 in the near future because The doge coin is coin that is not ready financially, and I think this coin am being pushed too hard by Elon. Musk, if the tweetan didn, 't say he didn, 't join the doge coin, this coin would not stand out of the way it is today, my advice is to be the careful investing with the doge coin,

bandungan

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It is very difficult in my opinion, seeing the current price of Dogecoin with a large total supply and also Dogecoin will not be like other altcoins that can have a drastic pump in just a few hours. but even so, Dogecoin can still be used as one of the coins used

LUCKMCFLY

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Quote from: noormcs5 on March 22, 2021, 02:06:34 PM

Quote from: ?? on ??

for Doge coin has indeed experienced a very significant increase. but to reach the price of 1 $ is not possible because we just look at the fantastic total supply of Doge coins. the price is now very expensive. like the doge coin won't touch the price of 1 $.

It's not that it won't hit the price of $ 1 but it will be difficult for Dogecoin to touch unless there is more support from the other side which can make the volume of its buying requests increase sharply without the slightest waste, so that's what seems hard to happen to Dogecoin.

Even if its demand is increased, still it is very difficult for doge to reach a dollar because of its huge supply. It will require a very big marketcap for this and it is not practically possible.

Quote from: ?? on ??

If elon musk declare publicly that he is no more into dogecoin, I foresee it downfall which is normal. Majority of the people that are trading dogecoin today do so just because of the sudden flare for it by elon musk

That will be the end of the doge coin if elon musk tweet anything negative about it. All of this doge hype is only because of Elon Musk tweets.

I totally agree with you, Doge's pump is very likely due to Elon Musk's tweets, and on Reddit it was all crazy. When observing the chart we have the following:

tradingview.com

It is clear that there is a very large volume of sell.
Some Doge defenders indicate that they expect to have much higher values of it, for others Doge means just a meme, the capitalization power that it can obtain for many is mere luck. However, in some casino and betting platforms, Doge is widely used, especially to avoid high fees, and this has given the currency much more mobility.

If there is another tweet in favor of Doge right now, it can certainly take a big leap, but I see a long way to go to 1USD for now.

Skieleton

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Since Dogecoin's future distribution is infinite, as is supply, most of Dogecoin's target prices are low compared to forecasts for other cryptocurrency assets such as Bitcoin. This does not mean that the long-term price of Dogecoin cannot be predicted; quite simply, the Dogecoin trend has not always been positive, leaving future DOGE adoption in the air. If it doesn't, no matter what Dogecoin's projected growth is, the project could fail and become a poor investment.

bryant.coleman

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DOGE is currently going up and everyone is excited about it. As we have seen numerous times in the past, when a particular cryptocurrency goes up, most of the users ignore the fundamentals and keep holding on to their coins believing that it will go up even further. And when the crash comes, they will be completely unprepared. If DOGE can go up 5x as a result of a single tweet, then it can also crash by 90% from a single tweet. Always remember this before investing in DOGE.

noormcs5

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Quote from: ?? on ??

for Doge coin has indeed experienced a very significant increase. but to reach the price of 1 $ is not possible because we just look at the fantastic total supply of Doge coins. the price is now very expensive. like the doge coin won't touch the price of 1 $.

It's not that it won't hit the price of $ 1 but it will be difficult for Dogecoin to touch unless there is more support from the other side which can make the volume of its buying requests increase sharply without the slightest waste, so that's what seems hard to happen to Dogecoin.

Even if its demand is increased, still it is very difficult for doge to reach a dollar because of its huge supply. It will require a very big marketcap for this and it is not practically possible.

Quote from: ?? on ??

If elon musk declare publicly that he is no more into dogecoin, I foresee it downfall which is normal. Majority of the people that are trading dogecoin today do so just because of the sudden flare for it by elon musk

That will be the end of the doge coin if elon musk tweet anything negative about it. All of this doge hype is only because of Elon Musk tweets.

oemar bakrie

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There will be possibilities and miracles again, after everyone feels confident that Dogecoin is soaring high,by the way the developers try to always provide the latest information on social media by convincing many people that Dogecoin can be equal to crypto such as bitcoin or ethereum is not just a joke token..

hahay

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If Doge moves on his own meaning there is no strong support to pump up the price, I'm not sure the price can hit 1$, but if people with influence like Elon Musk continue to support this coin from time to time then it looks like 1$ is a very likely value to achieve. But I believe that even though that support is still there it is unlikely that it will be achieved in such a short time, as has happened before until now the price is even getting a worrying weakness.

finaleshot2016

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Quote from: Question123 on March 21, 2021, 08:47:52 AM

Dogecoin is a shitcoin and I think they have possibility now because of what the elon musk tweet before that results for the people to invest to the doge. But not 100 percent sure about what si the future of the binance because it is not potential many people are buying that because he follow Elon Musk. even they have chances I still not invest to the dogecoin because I prepare other coins.

I don't think dogecoin is a shitcoin, I've gained a lot in dogecoin in the past weeks, it multiplied my money after investing in early January because I sensed something potential on it. Dogecoin is a meme coin but it doesn't mean it'll be a shitcoin like the other who doesn't even list in any major exchanges and don't have any value. Dogecoin is being used in different applications so I don't find it useless. Now that it's 5 cents, 1$ can really hit soon but we don't know when and some people might regret it soon like the other people who regret not trusting doge in the past weeks, if doge has made another huge change in its price.

Question123

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Dogecoin is a shitcoin and I think they have possibility now because of what the elon musk tweet before that results for the people to invest to the doge. But not 100 percent sure about what si the future of the binance because it is not potential many people are buying that because he follow Elon Musk. even they have chances I still not invest to the dogecoin because I prepare other coins.

Alohadanc3

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It's hard to say. For me it's hard to reach $1 for doge. But doge is in hype so if market cap goes high it may reach $1. Dogecoin did't have any utility. It's just a meme coin. Also creator of doge left the project at a point. But somehow it took all the attention from the community. So community behind doge is very strong. And now many big names are backing of doge. Thats why this is so bullish. and if more big names start to promote doge it will go more bigger.

peter0425

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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?

|Well Even how hard Elon Musk tries to Make Doge Pump high yet the value stays at 5 cents $ now.

Doge is one of the most used in gambling area so i believe in time it will pump high but when is the question.

Maybe if they push Burning coins? as the supply is really high.

crypto_nox

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I don't understand why people stick to dogecoin, there are many other better coins.. and there are many with the same price and will reach $1 soon or later.. do research and I doubt doge will fall badly before $1 because one person is holding more than 28% of doge alone... need to think on this

btc-facebook

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I am sure Dogecoin will not be able to touch the price of $1 if Elon Musk and his followers do not support Dogecoin anymore, the price of cryptocurrency is very dependent on market demand, without market support and demand the price of Dogecoin will decrease very quickly, this is because Dogecoin does not have strong fundamentals, So when the market support and demand decreases, it is very difficult for Dogecoin to increase its price higher.

cyriljundos

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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?

there is a posibility that it will reach $1 per doge coin but it is far from reality at this moment. elon musk support doge coin and eventually many of company also using doge coin as source of payment and they can evenly trade it and gain income, doge coin has been amazing since in the beginning with low fee rates such amazing coin.

gwdf1

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It is silly to hope that Dogecoin will continue to grow in the long term. It was a temporary outbreak and everyone needs to understand that. Until Elon Musk decides to mention Doge again in any context.

The best way to withdraw profits is to withdraw to stable coins. USDT is a really good way to keep your profit.

yohananaomi

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Quote from: Waleedzain323 on March 16, 2021, 12:54:24 AM

Wow! That's pretty hard but sounds good. it is not possible near future but in 2025 I can't say anything because crypto is in trend so anything can happen but it's much hard to touch 1$ by Dogecoin.

looks like what you said, my friend is something true, that it will be difficult for Doge to be able to achieve it, even though we know that this year is the year of altcoin. because the opportunity to increase has been obtained by Doge and since then Doge is no longer able to move to increase, what is there is even down.
actually maybe it depends on the management of Doge if he wants to improve, because he already got the benefits beforehand. other than that, if you only rely on investors to buy, it looks like it will be difficult to fulfill properly.

dhemasm

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Quote from: HaekalZ on March 15, 2021, 11:17:38 PM

Based on my opinion, i do really think that dogecoin can reach $1 at least in 2023,
dogecoin's price keep increasing because elon musk effect, that's what i'm hoping for, i also bought a little doge for a long-term investment in case that dogecoin
will become huge and explode again.

Doge didn't have any utility like other crypto and it's just becoming another alternative for sending your asset from one exchange to another exchane, It's supposed to become an "Meme Coin" and the supply was unlimited so it was really hard, Elon musk "Effect" is temporary and we can't rely on it. It's better to invest on some Cryptocurrency with "Real" Use case like Ethereum, ADA, TRX, etc.

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