Topic: Can Dogecoin reach 1$ soon? - page 38. (Read 13864 times)
I won't be confident to say that it's realistic to see Dogecoin at $1. But this is crypto and it's nature of being volatile can make things happen. And with the powerful tweets of Elon Musk, that does really makes the market go into an unexpected turnover. Needless to say, I'm not convinced that it will be reaching $1 soon but if the price keeps increasing and goes near to 1/4 of it then that's really going to be somehow convincing that it's likely going half and then so on and so forth.
mix max feeling about doge ,it's totally overvalued right now based on 14 days moving average, almost 9x . but on another perspective , its still can be undervalued since elon has tweeted about buying dogecoin for blah blah blah. so for now , if u want to try for investing your money or already invested some money, well , just good luck for it.
The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ on its own?
I don't think I would call that support for DogeCoin just cos he tweeted about it and of course, you would expect someone like Elon Musk to say something and there will be a reaction from the community to that, in this regard DogeCoin. Currently trading @ $0.07 and with Elon's new tweet about buying some dogecoin for lil X about 20h ago without any further significant change to the price, I Kinda doubt if Dogecoin will again get that initial effect it had from the first tweet.
is there are a possibility that Dogecoin reaches 1$ on its own?
In my opinion, that will be a long while from now and not in this current Bullrun.
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?
Why not? It has been pump so hard that these pump and dump group are just going to continue it. Doesn't matter if Elon Musk will stop supporting it. Doge has already build a audience from all the trading and pump and group groups specially WSB.
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?
Good question, not really sure though, perhaps it will just go with the flow, when we are in a bearish market, then it will be down hard, but in a bullish trend, it could go and reach new all time high.
Dogecoin has grown very well in price lately, but in order to reach the 1$ mark, I can't even imagine what should happen, because Dogecoin has nothing special and therefore there is no need to expect growth to 1$ at all, but of course if Elon Musk will often write about Dogecoin, then I think there is still an opportunity to see the Dogecoin price at 0.1$, so we should not count on some incredible heights, so Dogecoin has already grown in price very strongly and brought excellent profit to investors.
The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ 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, 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?
You said it yourself, no utility. So it's utility is reliant on support / meme. In otherwords who knows... 1$ is just as likely as $0 (not zero but you get my drift). I'd rather rely on utility then hype cycles tbh.. utility can be more easily measured / predicted then hype... makes for more comfortable investments.
EDITED: It seems that Dogecoin would reach $1, so congrats to those who were fascinated by this post, looked up Elon Musk's shilling tweets, and bought Doge. You've made money!
Memecoin to utility coin!
The dogecoin has already pumped up twice with the help of popular persons like Elon Musk, now that many people are trying to invest in Dogecoin, expecting to have another madness on doge. So what if, Elon Musk and other popular experts stopped supporting this meme coin, is there are a possibility that Dogecoin reaches 1$ 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?
Memecoin to utility coin!
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?
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