Speaking about doge coin and this time elon has many choices. elon was not always focusing on tweeting about doge coin right now. Elon's tweet didn';t give impact anymore to the price of doge coin.
I heard rumor about elon wanna make doge coin as one of payment in twitter but it was not coming true.
Doge coin only rely to the elon.
Topic: Can we see a huge rise in the price of Dogecoin ? (Read 1116 times)
As long as Bitcoin continues to go up in price. EVERY coin will eventually reach its former ATH so long as it can scale up with the rest of the market.
Though there are a few exceptions to that.
And one more thing is we cannot underestimate the power of memes and stupidity. And Elon.
Though there are a few exceptions to that.
And one more thing is we cannot underestimate the power of memes and stupidity. And Elon.
Doge coin is community owned and elon musk has the capability to influence the market price and that is what makes FOMO, honestly since the price was manipulated by elon musk I have no interest in the price of dogecoin and I think the polarization of dogecoin is predictable and no longer interesting because elon musk made doge coin a utility and that is not the standard meme coin that I know.
I think Doge's success will depend on how much Elon decides to manipulate it in the future.
If we look back at 2013/2014 it was .0002 or some ridiculous small number in 2018 before Elon even got on the Doge train it hit .02
So what can i say is Never say never, one thing the last bull run taught me is there is plenty of silly money out there that just needs some douchebag to point them in the right direction.
If we look back at 2013/2014 it was .0002 or some ridiculous small number in 2018 before Elon even got on the Doge train it hit .02
So what can i say is Never say never, one thing the last bull run taught me is there is plenty of silly money out there that just needs some douchebag to point them in the right direction.
So is it possible that he will use the ownership title of Twitter to push the prices of Dogecoin also ? I have observed some increase in prices already but will it continue for long run ?
Some how dogeCoin get hype due to Elon musk support, some people call him father of DogeCoin, it's true that Elon use Twitter to push dogeCoin price because few days later Elon Musk replaced the Twitter bird logo with the Dogecoin logo in order to get attention of investor toward DogeCoin but soon he bring back the bird 🐦. Most of the people trust Elon and if somehow he give indication of any coin through his tweet or any other, investor from all around the world invest Thier portfolio blindly without knowing the result just like when he add Bitcoin logo in his Twitter account bio and idea of accepting doge as a payment method of Tesla.For a long runs success Elon should add doge as payment method of SpaceX and Tesla because currently it only hyped due to his tweets.
At the moment I don't think so, and Dogecoin had the best run when Elon Musk kept hyping this coin in all sorts of ways to the extent of wanting to have his Tesla company accepting crypto payments using Doge for its clients to buy automobiles...
But today, doge has one of the toughest competitions from shiba inu which hasn't given doge an inch to recoup and compete actively...and with its devs not as active as shiba I honestly see the king of meme coins being handled over to shiba inu anytime soon!
But today, doge has one of the toughest competitions from shiba inu which hasn't given doge an inch to recoup and compete actively...and with its devs not as active as shiba I honestly see the king of meme coins being handled over to shiba inu anytime soon!
it should be very possible that even if it doesn't have a big impact like Elon Musk initially entered crypto but at least Elon Musk still has a lot of followers and is known as the richest man in the world. There will definitely be an impact on the doge coin it supports.
agree, if Elon Musk still supports Doge, then of course the price of Doge can still increase very high, especially if the alt season comes and Elon Musk makes a good news about Doge, then of course the price of Doge can increase very high or even create a new ATH price, because there are still many people who invest or support Doge until now.
Elon Musk is a Mystery Box.
yes he is, but since he is a businessman He know with what he doing, meaning he pumped or write something about dogecoin for profit he might buy a little bit and shout it out on twitter so he can make a return
since everything what he says seems can move the candle neither on crypto market or stock market. But anyway The dogecoin has unlimited supplies no burn and pretty much a meme coin with no other utilities so far, So the price might increase when the altseason is coming or when the BItcoin is rising
it should be very possible that even if it doesn't have a big impact like Elon Musk initially entered crypto but at least Elon Musk still has a lot of followers and is known as the richest man in the world. There will definitely be an impact on the doge coin it supports.
agree, if Elon Musk still supports Doge, then of course the price of Doge can still increase very high, especially if the alt season comes and Elon Musk makes a good news about Doge, then of course the price of Doge can increase very high or even create a new ATH price, because there are still many people who invest or support Doge until now.
it should be very possible that even if it doesn't have a big impact like Elon Musk initially entered crypto but at least Elon Musk still has a lot of followers and is known as the richest man in the world. There will definitely be an impact on the doge coin it supports.
agree, if Elon Musk still supports Doge, then of course the price of Doge can still increase very high, especially if the alt season comes and Elon Musk makes a good news about Doge, then of course the price of Doge can increase very high or even create a new ATH price, because there are still many people who invest or support Doge until now.The support of Elon for Doge is obviously still there so people are still hoping that he will manipulate the coin again but if Elon drop the support one day, I think many people will also leave Doge but I don't think Doge will die because before Elon came, Doge is already there. Anyways, alt season is close so let's see if what you are hoping is true.
it should be very possible that even if it doesn't have a big impact like Elon Musk initially entered crypto but at least Elon Musk still has a lot of followers and is known as the richest man in the world. There will definitely be an impact on the doge coin it supports.
agree, if Elon Musk still supports Doge, then of course the price of Doge can still increase very high, especially if the alt season comes and Elon Musk makes a good news about Doge, then of course the price of Doge can increase very high or even create a new ATH price, because there are still many people who invest or support Doge until now.
Correct. I am also not sure if dogecoin will reach new ATH again. Moreover, in the past, not many people were interested in investing in this coin, but suddenly when Elon Musk came with his tweet, the price of Dogecoin soared so that many people flocked to invest.
At CMC we see Dogecoin is trending and now what is happening is Dogecoin is undergoing a correction with a price percentage reaching 3.03%. we can't confidently say that Doge has the potential to soar high given the current state of affairs, but it's a market, anything can happen here.
Correct. Indeed the cryptocurrency market can fulfill the most extraordinary desires. But we also have to be realistic in predicting prices by considering the supply and capitalization of these coins and the history of the coin itself. If we predict the price of bitcoin to reach $1 million, of course it is still rational even though it takes a long time, especially with limited supply, it is very possible if the price of bitcoin can reach $1 million, moreover, the price of bitcoin always prints new ATH when the halving comes.
Bitcoin having a limited supply is a big factor why it is possible to be seen in the future that it might hit $1M.While for Dogecoin to see a huge price, it does not have that factor because it's got an unlimited supply. We have seen it fly and the same goes with other meme coins.
But we have this thought that if Bitcoin goes up, all the following altcoins including Dogecoin also goes high but, we will see it this time when the next bull run comes.
Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5...
You can also dream about the price of bitcoin at 1000000 dollars or ETH at the price of 10 thousand dollars. You should understand that the cryptocurrency market can fulfill even the most incredible desire. Nevertheless, when calculating your desires, you need to use Circulating Supply coins and the total capitalization of the cryptocurrency market.
Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5. But we shouldn't expect much from Elon Musk to boost the dogecoin price increase like it has done before. Moreover, Elon Musk's tweets often invite controversy and it is even very difficult to see his seriousness in adopting Dogecoin as a means of payment in his company.
Actually the problem is that it will create hype again and everyone will come together to push its price up, I am not sure about the new ATH but I think the dogecoin case is also interesting because it has a very large community. And in my opinion it will need to get rid of the memecoin tag itself, and get hyped up from the bullshit to build a better product application system. I'm not sure when I will buy dogecoin again but personally I will keep an eye on dogecoin throughout the investment process.Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5. But we shouldn't expect much from Elon Musk to boost the dogecoin price increase like it has done before. Moreover, Elon Musk's tweets often invite controversy and it is even very difficult to see his seriousness in adopting Dogecoin as a means of payment in his company.
Actually the problem is that it will create hype again and everyone will come together to push its price up, I am not sure about the new ATH but I think the dogecoin case is also interesting because it has a very large community. And in my opinion it will need to get rid of the memecoin tag itself, and get hyped up from the bullshit to build a better product application system. I'm not sure when I will buy dogecoin again but personally I will keep an eye on dogecoin throughout the investment process.
Doge coin is a meme coin which is totally manipulated by Elon Musk, you know it’s price increase or decrease both of depend of his tweets. So, i think it’s not worth investment for the future. If Elon Musk accept it as micro payment in Tesla then high possibility to hit 1$+ in new ATH but it’s not guaranteed.
Definitely could see a huge spike in the price of Dogecoin if Elon Musk were to launch a deal with his Tesla company. But as a future plan, Elon Musk has a big hope of launching Dogecoin transactions with his company. But for those of you who are more interested in investing, I mean you can buy some Dogecoin and keep investing. Maybe when the market position improves, Elon Musk can make a good announcement and the price can go up a lot.
Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5...
You can also dream about the price of bitcoin at 1000000 dollars or ETH at the price of 10 thousand dollars. You should understand that the cryptocurrency market can fulfill even the most incredible desire. Nevertheless, when calculating your desires, you need to use Circulating Supply coins and the total capitalization of the cryptocurrency market.
It's not advisable to invest much money on Dogecoin this season because, the price is too low compared to Ethereum and Solana which their price is more reliable to earn well in the future than Dogecoin. Despite, Elon musk invested on Dogecoin some years ago doesn't mean he will make the price of dogecoin to go up speedily because, he is just an investor like me and you in the community. Based on what I observe from the Dogecoin price in the month of January make me to slow down this year 2023 because, the price will not increase higher but there will be massive pumping next year 2024.
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