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Topic: Can Dogecoin reach 1$ soon? - page 32. (Read 13864 times)

legendary
Activity: 1974
Merit: 1150
February 15, 2021, 11:48:52 AM
It depends upon individual investors who jump into the coin to ride the rally and if the support is broken they will sell off the coins and jump to other coins as there are several other coins in the market that are rallying as well and probably they will not hold for the long term. If it is institutional investor then he might hold for the long term until the price rallies again but not everyone in this market will hold when the entire market is rallying.
Naturally, trader and investor want a return on every asset they invest. Doge got the full attention of investor and trader only after Elon Musk got involved and these guys have taken a lot of profit from it. I'm still not sure Doge can hit the $1 mark this year even though Elon Musk has always supported him. However I believe that Hype Doge and Elon Musk will not last much longer.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!
February 15, 2021, 09:54:28 AM
The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ 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?

With the current trend of support and more and more people with influence getting into the Cryptocurrency Industry, there is really nothing impossible with DogeCoin reaching $1 BUT if you are asking if it would grow on its own, it would be not possible since it has no clear use at the moment but developers and new users are always looking for ways further improve it. Its already at a weird value but nothing can stop it if it keeps on rising especially Elon leading the way into a greater value for it.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
February 15, 2021, 08:40:10 AM
Elon Musk supports for big doge investors to sell him, what happened to him did Elon just want to buy doge from the bottom?
This is a pattern that is quite paying attention to because where for them it will be a shock for holders who panic to see a tweet like this obviously this is very influential the highest price has been reached but I don't know what Elon Musk's next goal is, is he ready with his new tweet to buy coins this meme?
I'm sure some investors should rely on Elon Musk's tweets, which are a lot of controversy.

With this news there will be concerns for Doge coin holders themselves, especially for those who buy because of hype or buy when the price is high. Besides that, after seeing the DOGE price movement chart, it is currently undergoing a downward correction. and you seem right, the current DOGE holder will depend on the man. This is just my personal perception, that I also doubt a little if DOGE can stabilize again to the ATH price again, maybe the chance is small, but I hope I am wrong about this.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
February 15, 2021, 08:16:05 AM
Elon Musk supports for big doge investors to sell him, what happened to him did Elon just want to buy doge from the bottom?
This is a pattern that is quite paying attention to because where for them it will be a shock for holders who panic to see a tweet like this obviously this is very influential the highest price has been reached but I don't know what Elon Musk's next goal is, is he ready with his new tweet to buy coins this meme?
I'm sure some investors should rely on Elon Musk's tweets, which are a lot of controversy.
hero member
Activity: 1694
Merit: 541
February 15, 2021, 07:43:47 AM
Today anyone who buy or invest in Doge when the price hit a high start to hesitate to sell or hold this altcoin. Even though Elon Musk with this latest tweet support Doge but I don't think it will be influential enough. In fact, the decline has reached 12% in the last 24 hours. What will you do when this support level break and the price continues to dump ? Is Elon Musk going to buy them all ?
It depends upon individual investors who jump into the coin to ride the rally and if the support is broken they will sell off the coins and jump to other coins as there are several other coins in the market that are rallying as well and probably they will not hold for the long term. If it is institutional investor then he might hold for the long term until the price rallies again but not everyone in this market will hold when the entire market is rallying.
sr. member
Activity: 1484
Merit: 447
February 15, 2021, 06:15:46 AM
Might be achieved $ 1 if dogecoin continues to exist in the crypto world news when besides elon musk participated. If some business entrepreneurs became interested in coin investments dogecoin, then it affects prices and soaring but all this requires a rather long process for successful price increases dogecoin. As a lover of crypto, from this moment is our opportunity to buy dogecoin, in order to wait later into a coin that produces results.
legendary
Activity: 1974
Merit: 1150
February 15, 2021, 05:54:00 AM
Today anyone who buy or invest in Doge when the price hit a high start to hesitate to sell or hold this altcoin. Even though Elon Musk with this latest tweet support Doge but I don't think it will be influential enough. In fact, the decline has reached 12% in the last 24 hours. What will you do when this support level break and the price continues to dump ? Is Elon Musk going to buy them all ?
member
Activity: 534
Merit: 19
February 15, 2021, 05:33:00 AM
Unless it has its purpose, it wont go that far. Unless Elon Musk integrates DOGE in his companies transactions, 1$ is quite impossible. You have said it yourself, no utility, no usage, no price u to $1. Its just a hype I guess.
legendary
Activity: 2394
Merit: 1049
Smart is not enough, there must be skills
February 15, 2021, 05:26:33 AM
In my opinion, no!  Having ruled out fomo from Elon Musk, I couldn't imagine a meme coin could have created such a rally of value and impulsiveness.  This is accidental, I suppose, and cannot be sustained.  Although, Elon always has ideas and often changes suddenly, but Doge is an ingredient that creates the spice and emotions of this space.

Definitely, you said it right mate, Elon Musk started this FOMO for DOGE which later affected other altcoins, so if it will dump, it should not surprise us, unless we are blinded by the reality that the significant price increase was mostly due to price manipulation only.

Elon Musk tweeted again on his Twitter that holding a token that sells will be supported by him? is this really fomo they do?
So I think this meme coin is affecting other altcoins but I don't think the big dump will happen but it will last for the big holders.
We will see how the reaction of the tweet will affect it once?
member
Activity: 357
Merit: 10
February 15, 2021, 05:24:22 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 think it can reach the price of 1$ without elon musk but no one can predict when it will be ,i could say this because the price of doge have endurancy and the market of it are also base on bitcoin so when the demands got hight the price of it will increase too just we need to wait the other futures of this project.
hero member
Activity: 3010
Merit: 666
February 15, 2021, 05:20:05 AM
In my opinion, no!  Having ruled out fomo from Elon Musk, I couldn't imagine a meme coin could have created such a rally of value and impulsiveness.  This is accidental, I suppose, and cannot be sustained.  Although, Elon always has ideas and often changes suddenly, but Doge is an ingredient that creates the spice and emotions of this space.

Definitely, you said it right mate, Elon Musk started this FOMO for DOGE which later affected other altcoins, so if it will dump, it should not surprise us, unless we are blinded by the reality that the significant price increase was mostly due to price manipulation only.
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
February 15, 2021, 04:52:26 AM
In my opinion, no!  Having ruled out fomo from Elon Musk, I couldn't imagine a meme coin could have created such a rally of value and impulsiveness.  This is accidental, I suppose, and cannot be sustained.  Although, Elon always has ideas and often changes suddenly, but Doge is an ingredient that creates the spice and emotions of this space.
full member
Activity: 1110
Merit: 104
February 15, 2021, 03:19:01 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?

It is possible for the price of DogeCoin to reach $ 1, because I have always noticed that Dogecoin and Bitcoin are in line, where when the Bitcoin price starts to soar high, Dogecoin also goes up. That's why I am very confident that the Dogecoin price will break through $ 1.
I think the price of Dogecoin went up due to the influence of Elon Musk's tweet,
and we cannot make a benchmark that if the price of bitcoin goes up then the price of Dogecoin also goes up,
whether Dogecoin will break through $ 1 I don't know either,
to make it clearer let's just look at the price development
hero member
Activity: 1540
Merit: 507
February 15, 2021, 02:52:53 AM
Why not just wait Elon Musk tweet doge coin could raise 1000% again, before Doge coin tweet by Elon price still under 0.006 and now Doge coin have raise to higher price above 0.066 and become more profitable for every one have buy Doge coin now, waiting next time tweet by elon Musk doge coin will back above 0.1$ and more surprises maybe doge coin can hit above $1.
Problem that doge faces to reach that high price is its total supply, the supply is just simply too much in the market that the money needed or required to pump it to that price gonna be very huge.
At current doge state it's really hard unless some portion of coin is burned but that's not gonna happen trust me.
full member
Activity: 1036
Merit: 100
February 15, 2021, 02:21:30 AM
The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ 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?

It is possible for the price of DogeCoin to reach $ 1, because I have always noticed that Dogecoin and Bitcoin are in line, where when the Bitcoin price starts to soar high, Dogecoin also goes up. That's why I am very confident that the Dogecoin price will break through $ 1.
sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
February 15, 2021, 02:08:01 AM
Looks like Elon supporting this dump: 'If major Dogecoin holders sell most of their coins, it will get my full support. Too much concentration is the only real issue imo.'

https://twitter.com/elonmusk/status/1361094185412100096

I think when it goes below 100sat it will go even harder.
legendary
Activity: 2450
Merit: 1140
duelbits.com
February 14, 2021, 06:55:32 PM
is there are a possibility that Dogecoin reaches 1$ on its own?
Basically, we cannot say NO about it. There should be always a chance but it is probably hard to happen without help from Elon Musk.  Cheesy
If there are no tweets to support Dogecoin anymore, I suspect the price of this coin to drop continuously. So, don't expect too much even if the chance is always there. If you want to have more convincing crypto assets, why don't holding trusted coins such as ETH, BNB, TRX, or DOT?
hero member
Activity: 2968
Merit: 687
February 14, 2021, 06:44:35 PM
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?
Nope, it wont able to reach $1 anytime soon spite of all the hypes that circulating around Doge.

Currently, it is priced $0.06174 and now moving sideways or on downward trend but lets see if there would be an another plan to make this meme coin pump.

For those investors out there or do tend to buy Doge then If I were you then always take precaution and do mind about risk factors before proceeding.

Its better to take out measures rather than making yourself get caught with the hype and would be ending up on holding like forever.

hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
February 14, 2021, 06:20:59 PM
I'm not sure the price of Doge will go up to $ 1, Doge just got lucky being adopted and promoted by famous people like Elon Musk, and new investors have FOMO bought Doge which is already expensive.
It is the factual scenario that happens today. People bought Doge because of Elon and other than that, they probably don't know that Doge has the cheapest fees ever.
But if it's all about the investment, they would agree that it's a good coin not knowing that it was made pure of meme and fun. You can't argue about that with them because they might feel disappointed.
full member
Activity: 588
Merit: 103
February 14, 2021, 05:25:23 PM
I'm not sure the price of Doge will go up to $ 1, Doge just got lucky being adopted and promoted by famous people like Elon Musk, and new investors have FOMO bought Doge which is already expensive.
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