Can Dogecoin reach 1$ soon? - page 27.

yohananaomi

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Quote from: Waleedzain323 on March 16, 2021, 01:54:24 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.

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Quote from: HaekalZ on March 16, 2021, 12:17:38 AM

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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exactly, no utility. Now how can you believe a project that just born from a meme can have value like $1 or something?. I personally don't believe it. Popular people like Elon Musk can hype it, yes of course, but that's it. I was amazed that Doge could reach that high price couple of weeks ago, thanks to Elon Musk for that lol but again, as long as it's just a project for fun with no functionality in it I think it will be kept as a fun coin, that's all. Less than a dollar more than a cent is a gift from God.

Waleedzain323

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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.

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Quote from: DU18 on March 15, 2021, 05:51:53 PM

although a few week ago Doge experienced an increase in price and it has reached $ 0.085 which is the highest doge's price of all time, but I personally am not too sure whether Doge will be able to reach the price of $ 1 because this coin does not have something (product) that can push Doge's price rising in the market apart from the hype being tweeted by elon musk, and even in my opinion if elon musk tweeted another altcoin and ditched the doge it would of course send the doge price down to bottom again.

Yes, the influence of the hype on a coin will never last for a long time and it will also be very dangerous for those who are not aware of this, because there is no impetus from the use of a real product or its function in life making Dogecoin never last a high price let alone to reach a price of $ 1, it is not impossible but it will be very difficult for Dogecoin to reach such a price.

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Quote from: HaekalZ on March 16, 2021, 12:17:38 AM

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.

In 2023 it's gonna be more difficult for doge to reach that high price. Elon musk effect sooner or later gonna deteriorate even right now elon's tweet isnt as impactful as it were in the past when he first exposed to crypto not to mention in 2023 gonna be a lot more doge released since it's uncapped.

HaekalZ

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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.

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There is too much supply of this coin available so it is not something that we will see anytime soon. The only way it could happen would be if inflation gets too out of control making the dollar less valuable, then every coin would see large gains so it would not be so impressive.

doctor877

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It's possible, but since it's not a coin with a utility, then we can't rely on it. Crypto is full of wonders such that anything is possible and no one can really say what will happen next. A lot of things can change the design of this coin which will push it up to that price value.

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Quote from: bitcon on March 15, 2021, 04:54:12 PM

The Dogecoin price can go up indefinitely. If those who are profitable to swing the value of the coin continue to do so, we may see values more than $ 1.

But the point is not in price jumps, but in the fact that Doge does not have the opportunity to develop. And what potential can we talk about? Everything about Dogecoin is a game of whales trying to make money from scratch. People see little growth and buy the coin in hopes of making a profit. But logic says otherwise - if there is no development there is no big growth.

although a few week ago Doge experienced an increase in price and it has reached $ 0.085 which is the highest doge's price of all time, but I personally am not too sure whether Doge will be able to reach the price of $ 1 because this coin does not have something (product) that can push Doge's price rising in the market apart from the hype being tweeted by elon musk, and even in my opinion if elon musk tweeted another altcoin and ditched the doge it would of course send the doge price down to bottom again.

bitcon

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The Dogecoin price can go up indefinitely. If those who are profitable to swing the value of the coin continue to do so, we may see values more than $ 1.

But the point is not in price jumps, but in the fact that Doge does not have the opportunity to develop. And what potential can we talk about? Everything about Dogecoin is a game of whales trying to make money from scratch. People see little growth and buy the coin in hopes of making a profit. But logic says otherwise - if there is no development there is no big growth.

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Quote from: larus on March 14, 2021, 05:36:37 AM

Without Elon shilling we will not see even 0.5 usd for dogecoin

Are you saying Elon is the problem here???
I thought Elon always talking about doge and crypto in general helps push crypto prices up....

Quote from: ?? on ??

Looking at the level the dogecoin price it sims it will take large buying for the price to increase up to $1 this will be possible but it takes time and huge capital to achieve that. Well let wait and see what happen in the long run to victory.

Not sure though have to verify, but I hear dogecoin supply is unlimited and I think this is where the problem is!
The solution to see prices go up could be locking coins away for a long time or have coin burns to reduce its supply this certainly could see doge go up and beyond the $1 target.

BuNga_cute

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I am among those who believe that the price of Dogecoin will reach a price of $ 1, but it is unlikely to be achieved in the near future.
Because we have to be realistic to see the current Dogecoin price is still at the price of $ 0.06. It's still a long way to go to the $ 1 price tag,
even now Dogecoin is still below the ATH price it achieved one month ago at the price of $ 0.084. Dogecoin still needs to gather a lot of
investors to make its price even higher, now is the perfect time to collect Dogecoin. So when the Dogecoin price made it to $ 1,
those of us who have accumulated a lot of Dogecoin can make huge profits.

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Quote from: ?? on ??

Quote from: Zemomtum on March 13, 2021, 07:57:26 PM

Dogecoin will not end soon and it can even surpass the $1 projection since the richest man in the world gets involved and shown interest publicly.

Yes, but he also won't be able to move the Dogecoin price any time soon by himself, are you sure that the richest man also bought a large amount of Dogecoin? because in another tweet the richest person also has an interest in BTC, in this case what I am addressing is Elon Musk.

I think it's less important that dogecoin moves past $1 than it is to keep above 100 satoshi. As of now, the old ATH of around 150 satoshi was broken in huge fashion but now it is still struggling to stay above 100 sats. Do this and stay there for months and then you can be sure when BTC hits 100k it will be well positioned. My opinion of course, probably not as worth as Elon's opinion;)

uelque

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Quote from: finaleshot2016 on February 11, 2021, 07:06:01 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 believe dogecoin will hit 1 dollar because of what elon musk did. And I don't think it can pump on its own because like what you have said, it's just a meme coin, so who wants to invest in a meme coin? I won't, I'd rather invest on something that has the potential to shape the future.
They are all jumping in the market because of influence and of course greed to make profit. That's all, the price will dump soon so let us all make profit and take advantage of what is happening.

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Not an impossible ask but the road ahead is too bumpy so would not be an easy ride too. Those who just want to invest and forget for next 3-5 years can go with doge at this cheap price. In few years it would be much better price then the existing market and also will make many people rich if those who invest now.

larus

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Without Elon shilling we will not see even 0.5 usd for dogecoin

Alohadanc3

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1$ target for dogecoin is too high in my opinion. But doge purely came from an joke and from there it is one of the biggest crypto which almost every crypto enthusiasts know about it. Even those who enter crypto now a days also know what is doge. And big people also fueling it. So if the whole market goes fine and more people talk about this and the whole Market cap of crypto go more higher. Then maybe can reach 1$.

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Quote from: SlimShadyMmp on March 06, 2021, 05:43:31 PM

Sure it might decide to have those kinda runs like before and get some xs on the way but 1$ is really going to be hard to get to considering the price and overall market cap

There is very little value in dogecoin right now most coin holders now are people who simply speculate on the price. Who knows maybe tomorrow Musk will find himself a new occupation and he will not have time for Dogecoin and then the price will fall...

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I personally doubt that Dogecoin would hit 1$ anytime soon despite of it being backed up by Elon Musk. I've read an article about Dogecoin from the aol website and it goes like this: "The math doesnt add up. Stadelmann brought up the amount of DOGE minted each day, which is 10,000 per minute or 14.4 million per day or 5.2 billion per year. The yearly uptick represents just over 4% of the total circulating supply of 128.701 billion DOGE. The joke cryptocurrency needs $806,000 of new fiat plus existing inflow to maintain its value of nearly $0.056 at press time." So that's basically it. Though Dogecoin has some uses, just like spending and tipping posts, it would be hard for the currency to reach 1$.

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