Dogecoin network issues Ð5 Billion brand spanking new coins every year for ever.
It is designed to be a currency i.e. to stay relatively flat in price movement.
In conclusion, it is not impossible, just really difficult and highly unlikely to reach 1$
Topic: Could DOGE could reach 1$...? - page 3. (Read 1819 times)
The most difficult challenge in the industry is analyzing DOGE. Since there are many projects with better ideas than DOGE, but Mr. Elon Musk is engaging with DOGE and tweeting about it. No one knows about it, Imagine what will happen if he retweeted, "I'm giving up DOGE and moving to BTC."
elon musk might to do that easy but when elon musk makes the doge price soar up to $1 it will make a lot of people get rich quick because they can make huge profits from doge, but that only applies to traditional traders not futures trading.
for a doge with an elon musk influence it might hit $ 1 fast but another question is whether the doge is able to survive more than 1 year, 2 years, 3 years or more to keep the $ 1 price tag because seeing the doge's high circulation requires doge's strength in the market. 
Doge is Elon Musk's favorite coin and he can do whatever he want. Nice thing is Doge is holding over $0.05 and possible can go more higher..
Elon can do whatever he wants, including getting the $ DOGE price down right? As he did before, he supported the most doge holders to sell his coins.Don't invest in such an easily manipulated currency.
elon musk might to do that easy but when elon musk makes the doge price soar up to $1 it will make a lot of people get rich quick because they can make huge profits from doge, but that only applies to traditional traders not futures trading.
I don't know what the acceptable price is for Dogecoin to go above $1. If elon musk takes Dogecoin to such a huge price, it will definitely be a big deal. Because Dogecoin has a lot of supply and yet a lot of these coins are hodl by crypto users.
If this huge target is to be achieved, then all those sell pressures have to be surpassed. From what you have said, many dogecoin holders will quickly become rich.
Doge is Elon Musk's favorite coin and he can do whatever he want. Nice thing is Doge is holding over $0.05 and possible can go more higher..
Elon can do whatever he wants, including getting the $ DOGE price down right? As he did before, he supported the most doge holders to sell his coins.He got the money to spent so it's not impossible that there's a huge impact, there's always
possibilities that the market will rise.
The influence of Elon Musk can bring Doge up to this hype, he won't be the most rich
person in the world for nothing right?
Doge is Elon Musk's favorite coin and he can do whatever he want. Nice thing is Doge is holding over $0.05 and possible can go more higher..
Elon can do whatever he wants, including getting the $ DOGE price down right? As he did before, he supported the most doge holders to sell his coins.Nobody has proof that Elon Musk has invested any money in DOGEcoin. If he has nothing, then there is probably not much possibility to lower its price without selling much. Of course, it has a big influence on the price, but I see no reason why he could lower the DOGE price. I think the DOGE price is much more likely to rise as it does with many altcoins now.
The current market price of doge coin are rapidly decreasing and becoming red everyday. From just a few weeks, its price declined for a huge amount of percentage and it is expected to continuous decreasing that is why that $1 is quite impossible to reach. But we can monitor its price for the next months/week if there is some changes.
It seems that the possibility of increasing is very unlikely to happen, because what request @elomusk does not seem to be fulfilled by Doge to want to release his coins. because obviously it will be detrimental to Doge, of course, because the price will go down like it used to be before @elonmusk tweeted who wanted to buy it.@elonmusk should go through the existing mechanism so that Doge is not harmed, like when he bought bitcoin, Doge will certainly increase again. but it seems that @elonmusk is no longer interested in Doge, Doge should want to partially burn his coins to keep the price stable, because he also benefited from the price increase at that time.
The current market price of doge coin are rapidly decreasing and becoming red everyday. From just a few weeks, its price declined for a huge amount of percentage and it is expected to continuous decreasing that is why that $1 is quite impossible to reach. But we can monitor its price for the next months/week if there is some changes.
Everyone saying doge coin can touch 1$ , Is it possible...? 
Should i buy or not .?
Should i buy or not .?Are you going to buy because you are hoping it will reach $1, if you are going to buy because you are hoping it will reach $1 it's wishful thinking but if you are going to buy because of it's usage like cheap fee and fact transaction, then go for it, I'm buying Doge coin because I'm using it to trade my Bitcoin for lower transaction when converting my coins to my local currency, and to use in the site I'm betting.
comaparing ADA and XRP with doge is not a fair comparations my friend
because its completely different in usecases mate, so its not easy for doge to reach $1 just like ADA and xrp
regards
If anyone thinks that XRP could reach a dollar with the amount of coins in circulation and how much coins are pre mined then i can speculate about doge reaching a dollar as i consider it as a much better coin than XRP. You do not need to compare, both have unlimited coins just like some of the major coins that are rallying which is crazy but still you can trust doge because it is a decentralized coin while XRP is not because its completely different in usecases mate, so its not easy for doge to reach $1 just like ADA and xrp
regards
.I usually laugh off when i used to see some predictions but after seeing the current rally i need to think twice before laughing off as some of the coins rallied which i thought was impossible to reach and i could have made a million more if i would have held much longer.
DOGE now has 5 cents in value , So becoming 1 dollar?
this will be taking long years , in the next 5 years maybe?
this will be taking long years , in the next 5 years maybe?
Why are you so pessimistic?!? In the cryptocurrency market, there have been price increases of several thousand percent in one day. Even Dogecoin's price has grown by almost 1000% in one day quite recently. Of course, the price of $1 is theoretically possible, but in practice it would mean increasing capitalization almost to what Bitcoin has now, and this is just a fantasy at the moment.
Exactly, we can't underestimate crypto as anytime a coin can pump x10 to x100.
High supply like ADA and XRP already reached at least $1, so I don't think it's impossible with DOGE.
You know, when the hype is high the FOMO is probably and it could happen to any coin, especially for DOGE as it has already proven it can pump easily.
Remember, this is Elon's favorite coin.
comaparing ADA and XRP with doge is not a fair comparations my friend
because its completely different in usecases mate, so its not easy for doge to reach $1 just like ADA and xrp
regards
It looks like a lot of people are still clinging to EM’s tweets. It remained in the $ 0.0x range after it rose. Maybe I'll just believe that a DOGE will cost $ 1 when the price of a Bitcoin reaches $ 1M. DOGE cannot be compared to ADA and XRP because of the difference in their circulating supply, ADA and XRP currently have only ten of thousands billion while DOGE has hundreds of thousands of billions and its max supply is infinite.
that's the main consideration why Dogecoin will never reach $ 1.Inventory that is too much or even unlimited, can make the price decrease if market demand decreases.
there is a possibility but it is as you say. but that is also if the dominance of bitcoin is not too strong and it can actually make Dogecoin holders release it for BTC.
It looks like a lot of people are still clinging to EM’s tweets. It remained in the $ 0.0x range after it rose. Maybe I'll just believe that a DOGE will cost $ 1 when the price of a Bitcoin reaches $ 1M. DOGE cannot be compared to ADA and XRP because of the difference in their circulating supply, ADA and XRP currently have only ten of thousands billion while DOGE has hundreds of thousands of billions and its max supply is infinite.
DOGE now has 5 cents in value , So becoming 1 dollar?
this will be taking long years , in the next 5 years maybe?
this will be taking long years , in the next 5 years maybe?
Why are you so pessimistic?!? In the cryptocurrency market, there have been price increases of several thousand percent in one day. Even Dogecoin's price has grown by almost 1000% in one day quite recently. Of course, the price of $1 is theoretically possible, but in practice it would mean increasing capitalization almost to what Bitcoin has now, and this is just a fantasy at the moment.
Can't you understand the Supply and demand ? look how Huge the DOGEcoin market supply , then answer how this can reach a 1$ value if the volume is almost 129 Billion coins? meaning there must be 129 billion dollars to be put inside this coin?
That would be a dream come true if happens shortwhile .
Buddy, I can handle the demand and supply stuff very well. Also pretty good with the market sentiment analysis and other tips and tricks
. I also do not avoid speculation, and you probably did not notice that you are in the section where it is discussed What I wrote is, of course, speculation out of quite a fantasy, but on the other hand who thought 7 years ago that Dogecoin would cost 5 cents?!
DOGE now has 5 cents in value , So becoming 1 dollar?
this will be taking long years , in the next 5 years maybe?
this will be taking long years , in the next 5 years maybe?
Why are you so pessimistic?!? In the cryptocurrency market, there have been price increases of several thousand percent in one day. Even Dogecoin's price has grown by almost 1000% in one day quite recently. Of course, the price of $1 is theoretically possible, but in practice it would mean increasing capitalization almost to what Bitcoin has now, and this is just a fantasy at the moment.
Can't you understand the Supply and demand ? look how Huge the DOGEcoin market supply , then answer how this can reach a 1$ value if the volume is almost 129 Billion coins? meaning there must be 129 billion dollars to be put inside this coin?
That would be a dream come true if happens shortwhile .
DOGE now has 5 cents in value , So becoming 1 dollar?
this will be taking long years , in the next 5 years maybe?
this will be taking long years , in the next 5 years maybe?
Why are you so pessimistic?!? In the cryptocurrency market, there have been price increases of several thousand percent in one day. Even Dogecoin's price has grown by almost 1000% in one day quite recently. Of course, the price of $1 is theoretically possible, but in practice it would mean increasing capitalization almost to what Bitcoin has now, and this is just a fantasy at the moment.
Exactly, we can't underestimate crypto as anytime a coin can pump x10 to x100.
High supply like ADA and XRP already reached at least $1, so I don't think it's impossible with DOGE.
You know, when the hype is high the FOMO is probably and it could happen to any coin, especially for DOGE as it has already proven it can pump easily.
Remember, this is Elon's favorite coin.
As for Elon Musk's favorite coin, in my opinion it is definitely Bitcoin - he has proved it by investing $1.5B in it. However, I can imagine that he is able to change his mind and when that amount is invested in Dogecoin the price of $1 will be achieved rather easily.
DOGE now has 5 cents in value , So becoming 1 dollar?
this will be taking long years , in the next 5 years maybe?
this will be taking long years , in the next 5 years maybe?
Why are you so pessimistic?!? In the cryptocurrency market, there have been price increases of several thousand percent in one day. Even Dogecoin's price has grown by almost 1000% in one day quite recently. Of course, the price of $1 is theoretically possible, but in practice it would mean increasing capitalization almost to what Bitcoin has now, and this is just a fantasy at the moment.
Exactly, we can't underestimate crypto as anytime a coin can pump x10 to x100.
High supply like ADA and XRP already reached at least $1, so I don't think it's impossible with DOGE.
You know, when the hype is high the FOMO is probably and it could happen to any coin, especially for DOGE as it has already proven it can pump easily.
Remember, this is Elon's favorite coin.
DOGE now has 5 cents in value , So becoming 1 dollar?
this will be taking long years , in the next 5 years maybe?
this will be taking long years , in the next 5 years maybe?
Why are you so pessimistic?!? In the cryptocurrency market, there have been price increases of several thousand percent in one day. Even Dogecoin's price has grown by almost 1000% in one day quite recently. Of course, the price of $1 is theoretically possible, but in practice it would mean increasing capitalization almost to what Bitcoin has now, and this is just a fantasy at the moment.
In the shortage possible of time it is not possible. Though DOGE is a good coin but no one can surely tell that its price will touch 1$. If you are a long term investor then you can buy it. But not invest of dreaming that DOGE price is 1$. But hope that you can get good profit from DOGE.
You will see what people thought a couple of years ago when the price was at the very bottom and few hoped that the price would reach 0.084$. In the past the price was 0.0002$
However, whales are now the greatest danger to Dogecoin. 27% of all coins are in the hands of a single investor and probably the majority in the hands of just a few more. Such a large centralization makes price manipulation very likely. Im affraid that the future for Dogecoin will be very difficult and it will be impossible to achieve $1 for at least next few years.
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