Pages:
Author

Topic: Can we see a huge rise in the price of Dogecoin ? - page 2. (Read 1120 times)

full member
Activity: 531
Merit: 100
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.
full member
Activity: 671
Merit: 104
Buzz App - Spin wheel, farm rewards
No one can predict with certainty the large increase in the price of Dogecoin. Even though Elon Musk is a supporter of Dogecoin, we never know what his plans are going forward. Moreover, Elon Musk has caused a lot of controversy on Twitter, so it is difficult to predict what plans will be carried out in the future with Dogecoin.

I think the support of Elon Musk is largely out of the equation within the Dogecoin hodlers,they are keeping the coin as they most likely found their way sucked in after the first support of Elon Musk which truly gave Dogecoin back then a huge increase in price and many people who were holding such coins for fun,found themselves overnight millionaires and that is why this coin is still popular.

New people seeing those persons make a fortune thought that they can do it too and started investing in Dogecoin by accumulating a lot of it.The price though now remains in the hands of fate/luck as we don't know how it will be,but I have hopes that the next bull run can make this coin go to 1 as it was to 0.70 in the last all time high.
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.
full member
Activity: 1526
Merit: 111
Pepemo.vip
It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.
but the reality is like that, dogecoin investors buy dogecoin because of elon musk, but right now they are trapped and hope that dogecoin will return to ATH or pass ATH. we will not see the price of dogecoin rise again if elon musk doesn't make something new marketing about dogecoin.
That is the mistake of some investors who depend only on Elon Musk. Even if they understand that if an altcoin experiences a price increase only depending on the figure of someone like Elon Musk, then in the end they will be trapped in a loss. The good coin doesn't depend on one person. but how about interest in many people and have strong fundamentals.
whereas what Elon Musk is waiting for is of course investing to make a profit, while he has already brought in a lot of money from the previous bullish. therefore is it possible that Elon Musk will come back again for Doge. no one knows about it, but if we have been trapped in the previous bullish price, it means that we are still faithfully waiting for Elon Musk. but we can see in the next bullish season, whether there will be a breakthrough from the doge as the parameter
sr. member
Activity: 959
Merit: 278
Vave.com - Crypto Casino
It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.
but the reality is like that, dogecoin investors buy dogecoin because of elon musk, but right now they are trapped and hope that dogecoin will return to ATH or pass ATH. we will not see the price of dogecoin rise again if elon musk doesn't make something new marketing about dogecoin.
That is the mistake of some investors who depend only on Elon Musk. Even if they understand that if an altcoin experiences a price increase only depending on the figure of someone like Elon Musk, then in the end they will be trapped in a loss. The good coin doesn't depend on one person. but how about interest in many people and have strong fundamentals.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
I think anything can happen in the world of cryptocurrancy, but I'm not sure if Dogecoin will rise as significantly as before, considering this coin is a memecoin that fell very deeply after having high popularity, especially at this time Elon must, has ignored this coin,
does it dropped badly? but what i can  see Dogecoin is still maintaining its position in rank 9-10 .

https://coinmarketcap.com/currencies/dogecoin/

and seems to be increasing 14% as of today for the last 7 days means one thing that recovery is in the market now.


It is true that Elon supported Doge throughout 2021 and he barely mentioned any Doge related tweets.  The last time I remember he was posting shiba dog patterns with metaphorical messages.  Either way, I think this doesn't prove what he's going to do with the Doge on twitter.  Therefore, I guess there is not much bullish outlook for Doge.  The current energy crisis will promote artificial green energy instead, when bitcoins are mined with that green energy, chances are that Elon will take bitcoin to twitter at least that's my argument
Elon has been quiet on his usual crypto postings since acquiring Twitter, and I keep wondering if he has forgotten that his stance on some of the coins, particularly Bitcoin and Doge, has a significant impact on their pricing. If Doge must recover, its influencers must find new ways to promote outside of Elon.
maybe he wanted for now to maintain His popularity as the acquiring of tweeter brings His company some noise recently .
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
if you are willing to wait another years? then why not mate because we have seen this project growing for couple of times If My memory serves me well .
mostly like what you said , it is Elon Musk way to make this pump so best to learn and study your desire to put money in this ne.
though we have known Doge for years now and it stays in top 10 for couple of years as i remember.
full member
Activity: 854
Merit: 130
It is true that Elon supported Doge throughout 2021 and he barely mentioned any Doge related tweets.  The last time I remember he was posting shiba dog patterns with metaphorical messages.  Either way, I think this doesn't prove what he's going to do with the Doge on twitter.  Therefore, I guess there is not much bullish outlook for Doge.  The current energy crisis will promote artificial green energy instead, when bitcoins are mined with that green energy, chances are that Elon will take bitcoin to twitter at least that's my argument
Elon has been quiet on his usual crypto postings since acquiring Twitter, and I keep wondering if he has forgotten that his stance on some of the coins, particularly Bitcoin and Doge, has a significant impact on their pricing. If Doge must recover, its influencers must find new ways to promote outside of Elon.
legendary
Activity: 2086
Merit: 1058
Elon Musk is a big supporter of Dogecoin and has promoted it multiple times. Now he also owns Twitter where he has many times pushed different crypto projects and caused big fluctuations in the price of different crypto coins.

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 ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?
I believe that if people had this type of community for some of the other projects, they would have been so much higher and that is the part that everyone is missing about doge and other meme projects. If meme projects gave all of their community to things like LTC for example, LTC would be a top 5 project right now. The reason why meme ones are not, is the fact that they are basically just a meme, that's it, that's not even enough for you to stay away from it?

It is enough for me to stay away from it, why would I invest my hard earned money into a meme? Makes no sense to me and some people still do it. There are other legit great project that should see this much love.
sr. member
Activity: 585
Merit: 250
PredX - AI-Powered Prediction Market
I think anything can happen in the world of cryptocurrancy, but I'm not sure if Dogecoin will rise as significantly as before, considering this coin is a memecoin that fell very deeply after having high popularity, especially at this time Elon must, has ignored this coin,
sr. member
Activity: 1722
Merit: 252
I'm not sure Doge can rise significantly again, after Elon Musk looks like he doesn't care about Doge anymore, Doge's performance continues to decline, even when the market is rising but Doge can't rise, it takes top influencers or serious developers to be able to make Doge skyrocket again.
legendary
Activity: 1806
Merit: 1161
In my opinion, we should not pay much attention to such coins as Dogecoin, which rose from the dead solely by the will of one person. Unfortunately, there are no serious events related to Dogecoin at the moment. who knows what Musk will decide tomorrow? It is quite possible that he has already withdrawn his money from Dogecoin? then we should not expect much growth - moreover, $1
full member
Activity: 1680
Merit: 169
Buzz App - Spin wheel, farm rewards
It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.
but the reality is like that, dogecoin investors buy dogecoin because of elon musk, but right now they are trapped and hope that dogecoin will return to ATH or pass ATH. we will not see the price of dogecoin rise again if elon musk doesn't make something new marketing about dogecoin.
sr. member
Activity: 959
Merit: 278
Vave.com - Crypto Casino
It is difficult to predict a large increase in the price of Dogecoin, especially since the crypto market situation is still weak. We shouldn't rely on Elon Musk to wait for Dogecoin price increase even though he is a supporter of Dogecoin. So, don't fall for Elon Musk's tweets to make us spend a lot of money to buy Dogecoin because we don't know yet whether Elon Musk has long term plans for Dogecoin or not.
sr. member
Activity: 2506
Merit: 368
I think the support of Elon Musk is largely out of the equation within the Dogecoin hodlers,they are keeping the coin as they most likely found their way sucked in after the first support of Elon Musk which truly gave Dogecoin back then a huge increase in price and many people who were holding such coins for fun,found themselves overnight millionaires and that is why this coin is still popular.

New people seeing those persons make a fortune thought that they can do it too and started investing in Dogecoin by accumulating a lot of it.The price though now remains in the hands of fate/luck as we don't know how it will be,but I have hopes that the next bull run can make this coin go to 1 as it was to 0.70 in the last all time high.
I think the reason why they buy Doge coin is because of Elon Musk who is hyping it. I only feel sorry for those who are late to sell their coin during the peak of Doge but maybe they are hodling and hoping the price will recover once we return to the bull run and once Elon Musk return on hyping the coin again.

Doge coin will remain to be a famous crypto even without the support of Elon because the coin has an interesting history or story. Nothing wrong in trying and this was still a perfect time to do it because the coin is still in dumped position. Speculators and Doge supporters targets 1 dollar for this coin because it failed to reach this last time.
Most people did not realize that after the hype he could be taking everything and that would make the price plummet to the bottom. But since he's hyping it most people believed that it will pump again and would probably exceed the price but most of them didn't realize how vast the supply of Dogecoin that it's difficult to bring it to the price they think. Bitcoin on the other hand, has a limited of 21M supply that's why it's possible to grow even more and also with the support of the community.
hero member
Activity: 2828
Merit: 611
I think the support of Elon Musk is largely out of the equation within the Dogecoin hodlers,they are keeping the coin as they most likely found their way sucked in after the first support of Elon Musk which truly gave Dogecoin back then a huge increase in price and many people who were holding such coins for fun,found themselves overnight millionaires and that is why this coin is still popular.

New people seeing those persons make a fortune thought that they can do it too and started investing in Dogecoin by accumulating a lot of it.The price though now remains in the hands of fate/luck as we don't know how it will be,but I have hopes that the next bull run can make this coin go to 1 as it was to 0.70 in the last all time high.
I think the reason why they buy Doge coin is because of Elon Musk who is hyping it. I only feel sorry for those who are late to sell their coin during the peak of Doge but maybe they are hodling and hoping the price will recover once we return to the bull run and once Elon Musk return on hyping the coin again.

Doge coin will remain to be a famous crypto even without the support of Elon because the coin has an interesting history or story. Nothing wrong in trying and this was still a perfect time to do it because the coin is still in dumped position. Speculators and Doge supporters targets 1 dollar for this coin because it failed to reach this last time.
full member
Activity: 1428
Merit: 120
Buzz App - Spin wheel, farm rewards
It is true that Elon supported Doge throughout 2021 and he barely mentioned any Doge related tweets.  The last time I remember he was posting shiba dog patterns with metaphorical messages.  Either way, I think this doesn't prove what he's going to do with the Doge on twitter.  Therefore, I guess there is not much bullish outlook for Doge.  The current energy crisis will promote artificial green energy instead, when bitcoins are mined with that green energy, chances are that Elon will take bitcoin to twitter at least that's my argument
legendary
Activity: 2380
Merit: 1150
Elon Musk is a big supporter of Dogecoin and has promoted it multiple times. Now he also owns Twitter where he has many times pushed different crypto projects and caused big fluctuations in the price of different crypto coins.

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 ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?
I think Elon gave up on doge long time ago and all the people who are investing into doge just because there is an off chance that Elon could tweet about it are making a big mistake. Why would you want to invest into something that would only make sense if someone tweets about it.

Go ahead and sell all of your doge and end up buying bitcoin, that would be a lot better and it could give you the profit you are looking for. I am not saying that it would be the only thing that could make you profit, obviously we are going to see some other coins and tokens that could make you some profit as well, but I believe that we shouldn't really pick doge as one of those.
sr. member
Activity: 2660
Merit: 339
Elon could have used his Twitter ownership to drive Dogecoin's price, which would have been easy for him. And without the pumps or tweets that people like Elon are doing, I think it would be very difficult for Dogecoin to go as high as it did before. Maybe Elon is planning something for Dogecoin, but it looks like Elon is also paying great attention to other coins like Shiba. If you want to bet with Dogecoin, I think you should only use the money you can afford because we don't know when Dogecoin will increase and what the highest price will be. But we shouldn't rely on Elon because there are many other potential coins that we can choose to make a profit.
He has probably got better things to do first than to Tweet about meme coins to provide a pump for their fans. He probably only does that when he got a little bit of free time (Though I doubt if he ever gets free time.  Roll Eyes) but apart from that, he got big projects and companies to look after. So people who are only waiting for Elon to make it pump it should never buy in the first place.

Meme coins are only good for investing when they are released newly and have almost no value at all. You can accumulate a whole lot of it with just $10, and if your luck works, that $10 can convert to $100 or even $1,000.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
For now, the tweet influence of Musk's tweet on the price action of Dogecoin continue to wane, if you look at it, the price continues to dump even after several attempts by him to influence the price, but token like Mask has continued to surge in price. I think it would be in the best interest of the Dogecoin community to try and move away from Mush because he says one thing and do another, I don't see him listing or accepting Dogecoin on Twitter to pay for services
full member
Activity: 812
Merit: 108
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 ? Do you think one should bet on this event and spend good amount of money on dogecoin for reaping the benefits later ? Or we should not rely on a man like Elon Musk who has made contradictory statements about bitcoin is past? Which side are you ?
We are still in a speculation. My own thinking is that Elon could use Doge as a means of payment for Twitter, totally possible if he wants to continue supporting Doge but also understand, the supply of Doge is unlimited. In a precipice of external inflation, nothing expected it to come. Hence I think that bullish momentum for Doge just because some people expect action from Elon is completely unrealistic.
Pages:
Jump to: