Can Dogecoin reach 1$ soon? - page 7.

TopT3ns

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Quote from: Ziskinberg on May 23, 2021, 06:36:01 AM

Of course, that would not happen, we have been witnessing a bloodbath for many days, and it's altcoins that were heavily affected. looking at the dominance rate of bitcoin which has increased to 46%, that means people are panicking and they are leaving altcoins now.

The top 5 altcoins are affected a lot, down almost 50% in 7 days in average, not looking good now.

unfortunately so far I see cryptocurrency price movements from year to year, no one can predict with accuracy because all possibilities can happen whereas for Dogecoin price movements the possibility of jumping to the price of $ 1 can occur, but not in the near future, no one knows when the price doge hit that target.

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Quote from: ILuckyGuyI on May 23, 2021, 05:37:14 AM

After the last big dump in the market, Dogecoin price also decreased to $0.32 now. And it doesn't seem like altcoins will recover earlier than Bitcoin. But it may not be the same for Dogecoin as Elon Musk still can help it rise by his statements, actions etc. .

If Elon Musk can still help him get up with his statements, actions, etc., why can't he do that now? You need to know that without Bitcoin recovery in the crypto market, don't expect more increases in Altcoins, let alone meme coins like Dogecoin.

Of course, that would not happen, we have been witnessing a bloodbath for many days, and it's altcoins that were heavily affected. looking at the dominance rate of bitcoin which has increased to 46%, that means people are panicking and they are leaving altcoins now.

The top 5 altcoins are affected a lot, down almost 50% in 7 days in average, not looking good now.

ILuckyGuyI

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After the last big dump in the market, Dogecoin price also decreased to $0.32 now. And it doesn't seem like altcoins will recover earlier than Bitcoin. But it may not be the same for Dogecoin as Elon Musk still can help it rise by his statements, actions etc. .

Karartma1

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Doge should be already around 0 or even less. I believe the Doge pump allowed the market as whole to dum altogether because of Elon's bullshits. It's very sad the this growing market has to be at the will of a few twitter clowns.
Now that the dump cleared off a few dozens billions we can go back climbing (I'm referring to bitcoin of course).

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Quote from: kpierce77 on May 23, 2021, 12:09:38 AM

Quote from: Blowon on May 23, 2021, 12:05:09 AM

Currently, Elon Musk is in complete control of doge, he may have a doge #1, If he wants to make a doge $1 maybe very easy, he owns a tesla, and has a rich friend, also has a group of whales.

Elon Musk is probably very rich, has Tesla and has lots of rich friends too. but his actions recently made many members or the crypto community around the world lose respect for him, imo. Maybe if it was for doge, it wouldn't be the same as what was done a few months ago when the doge value was pumped continuously by musk

I think many people and want to make FUD with bitcoin and altcoin price, last news China make FUD with banned bitcoin as transaction currency payment and many investor panic for selling assets with lower price, they don't understand how China make many time FUD about bitcoin banned there, last 2016 they have banned bitcoin and try again to get lower price buy bitcoin.

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Quote from: Blowon on May 23, 2021, 12:05:09 AM

Currently, Elon Musk is in complete control of doge, he may have a doge #1, If he wants to make a doge $1 maybe very easy, he owns a tesla, and has a rich friend, also has a group of whales.

Elon Musk is probably very rich, has Tesla and has lots of rich friends too. but his actions recently made many members or the crypto community around the world lose respect for him, imo. Maybe if it was for doge, it wouldn't be the same as what was done a few months ago when the doge value was pumped continuously by musk

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Quote from: Natsuu on May 22, 2021, 01:30:06 PM

Just came back here to retract my statement regarding dogecoin reaching 1$ soon.

Dogecoin won't be reaching 1$ soon but it will still be a possibility in the future, maybe end of this year of even next year, but not really soon.

Right now the market is all in the red, and I think it will continue in the red until next month, Doge won't soon reach $1, but we can benefit from this to buy some for the future.

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Currently, Elon Musk is in complete control of doge, he may have a doge #1, If he wants to make a doge $1 maybe very easy, he owns a tesla, and has a rich friend, also has a group of whales.

tomisinade

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There is only one way doge coin is getting to $1 soon and we know now that elon musk has rejected tesla from accepting bitcoin which has really reduced d market price of bitcoin which is currently affecting all crypto and the only saving grace for doge coin is for elon musk to start accepting doge for telsa but if elon creates his own token which i think he should then doge would really be in trouble

herurist

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still the name of the pump will definitely be difficult to make up again, even if the rise will eventually be the same.
because we all know that doge is a coin pump billionaire and this was already proven when doge soared with his new ath.
but to reach $ 1 will still be very difficult especially seeing the current situation with massive manipulation will be very suli to turn doge towards $ 1.

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Just came back here to retract my statement regarding dogecoin reaching 1$ soon.

Dogecoin won't be reaching 1$ soon but it will still be a possibility in the future, maybe end of this year of even next year, but not really soon.

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If you are going to ask me, the time for DOGE to go up to 1 dollar might be gone for now. You need a very strong promoter to promote the coin, also a very active developer that would develop the coin further. But this is a meme coin, the developer does not think that this coin will be very successful and is only designed to be a meme. Maybe teach your kids crypto using DOGE but that's it. You need someone stronger and more dashing for DOGE to go further up. And I don't think we will get that in years.

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Quote from: Noruka on May 19, 2021, 06:19:15 AM

Quote from: Marvelman on May 19, 2021, 05:42:58 AM

My point is doge's hype is beginning to dissipate. When will doge actually bottom out? Only time will tell.
Bitcoin's dominance has also been on the decline. Not to say doge is worthless, but the comparison shows the currency is nothing more than a fun diversion and nothing more.

Although, it has been nothing but a roller coaster ride. I have seen doge go from, "I got this stupid shit" to "this shit is real" faster than you can say, "Holy sh**, this has never happened before."

Dissipate sounds like it is over, but I don't see Doge coming to an end. It might go into a downtrend right now, but there are chances that Doge goes up again a lot in the future. Do we all like that? No, but it can happen especially if someone like Musk decides to make it happen.

This sounds like too much trust is being placed in one individual. I don't like that idea.
This is in violation of the principles of decentralized currency.

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Quote from: Noruka on May 19, 2021, 06:19:15 AM

Dissipate sounds like it is over, but I don't see Doge coming to an end. It might go into a downtrend right now, but there are chances that Doge goes up again a lot in the future. Do we all like that? No, but it can happen especially if someone like Musk decides to make it happen.

Now almost everyone is silent when they see the downtrend that continues in the market, so now there are no longer many people who dream in broad daylight and say Dogecoin will hit $ 1 in the near future as if they can control the market by themselves. Grin

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Quote from: Marvelman on May 19, 2021, 05:42:58 AM

My point is doge's hype is beginning to dissipate. When will doge actually bottom out? Only time will tell.
Bitcoin's dominance has also been on the decline. Not to say doge is worthless, but the comparison shows the currency is nothing more than a fun diversion and nothing more.

Although, it has been nothing but a roller coaster ride. I have seen doge go from, "I got this stupid shit" to "this shit is real" faster than you can say, "Holy sh**, this has never happened before."

Dissipate sounds like it is over, but I don't see Doge coming to an end. It might go into a downtrend right now, but there are chances that Doge goes up again a lot in the future. Do we all like that? No, but it can happen especially if someone like Musk decides to make it happen.

Marvelman

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My point is doge's hype is beginning to dissipate. When will doge actually bottom out? Only time will tell.
Bitcoin's dominance has also been on the decline. Not to say doge is worthless, but the comparison shows the currency is nothing more than a fun diversion and nothing more.

Although, it has been nothing but a roller coaster ride. I have seen doge go from, "I got this stupid shit" to "this shit is real" faster than you can say, "Holy sh**, this has never happened before."

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Quote from: Himalayacoin007 on May 18, 2021, 07:17:16 AM

have just checked DOGE on my binance account and from the looks of it, the hype is not sustaining. The price dropped now and looks like it is no longer able to push itself upwards. I might assume that in the next few hours we will see massive selling of the coin until the coin goes back to its original price near 7 cents. If that happens then a new wave of low betters will be buying DOGE and possibly the hype will reoccur if not coming from Elon then perhaps another billionaire will do it.

the hype that pump doge price isn't the same as the GME hype that's why it's not sustaining, in GME people are trying to hodl hard so they can bankrupt some hedge fund but in doge everyone trying to hype it up just because they want to make quick buck.
imagine a market where everyone is setting their target to dump their doge when price increase, that's gonna be unsustainable, other coin have demand from something like defi but doge is just pure speculation and hype.

Himalayacoin007

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have just checked DOGE on my binance account and from the looks of it, the hype is not sustaining. The price dropped now and looks like it is no longer able to push itself upwards. I might assume that in the next few hours we will see massive selling of the coin until the coin goes back to its original price near 7 cents. If that happens then a new wave of low betters will be buying DOGE and possibly the hype will reoccur if not coming from Elon then perhaps another billionaire will do it.

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Doge no go. Not enough meme.

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It could well hit over $1 because Coinbase are listing it within 5 weeks https://www.forbes.com/sites/billybambrough/2021/05/15/coinbase-reveals-dogecoin-bombshell-as-bitcoin-and-crypto-price-fears-grip-the-market/?sh=3349d57854fe

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