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Topic: Doge can it go 1$ - page 4. (Read 1732 times)

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 31, 2023, 09:37:37 AM
^  What 'economic model'?  Are you talking about the supply?  Ok...  Yeah sure but think about this, if it's solely about the 'economic model', then why are there other coins that have limited supply, that's even more under 'serious development' than DOGE, have less market cap than DOGE?  It's all about the demand because it's the demand that dictates how high it goes.  And sure, DOGE's demand is the product of the hype behind the coin.  But then again almost everything in crypto has to do more about hype than anything else.  That's why my new thesis on how to make the most you can in the next bull market is all about coins with doge logos.  Cheesy

All doges...  Tokens, NFT's, everything!
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 30, 2023, 05:15:37 AM
I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.

In crypto land, anything's possible. Even though Dogecoin's economical model tells us the cryptocurrency should decline in value over time, there's nothing stopping people from "pumping" it all the way to the moon. Hype would make DOGE reach a new ATH in price, albeit for a short period of time. If DOGE went close to $0.70, then it can easily go to $1 in the future. Just wait until the market turns bullish again for this to happen.

Ultimately, it's all about utility (not the price). Dogecoin was created as a fun cryptcurrency anyone can use worldwide for micropayments. By having an ever-growing supply of coins, prices can remain low and accessible to anyone. I'd say DOGE is great for experimenting, when you really don't want to break the bank. No one can predict the future, so we can only hope for the best. Just my opinion Smiley
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
January 29, 2023, 04:57:30 PM
Doge can go 1$ many people waiting that.
one need to be carefull with meme coins in this market. There could be worse cases with them,

But then again, memecoins could give the bearer of these coins some of the most massive returns they'll ever get at their time of dabbling in crypto.  You just have to know when to get in them and when to see them.  And it's really starting to look like these times now are starting to look like the time to get in. 

Don't take that as financial advice tho.  Playing with these things are a gamble and if you don't want to gamble then just  stay with BTC, XMR or just keep all your money in your bank account.
hero member
Activity: 1064
Merit: 639
January 29, 2023, 01:09:30 PM
Doge can go 1$ many people waiting that.
I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.
132 billion? This is nothing ! It will increase with time as there is no supply limit of this coin.

Quote
Every minute, a new block is produced on the blockchain, allowing 10,000 DOGE to be released. This means that every day 1.44 million are created. Furthermore, the total amount of DOGE in circulation will be unlimited.
source: primexbt

Although it is fork of bitcoin but there is nothing like halving that cuts the miner reward to lower amount of new doge coins entering the circulation supply.
full member
Activity: 1064
Merit: 101
January 29, 2023, 11:38:44 AM
Doge can go 1$ many people waiting that.
Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.
don't worry, Doge holders have spread all over the world, so there will be a time when Doge will be victorious again,
especially remember Elon Musk? yes he is one of Doge's holders too so don't worry Doge will go to $1 when the time comes, maybe even $2.
because Tesla has big plans for Doge to fly to mars.
sr. member
Activity: 1890
Merit: 252
January 28, 2023, 10:47:29 PM
Doge can go 1$ many people waiting that.
I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.
If you look at Dogecoin at the moment, where the development is also not very visible, of course it would be difficult to hope to touch $ 1,
but somehow we can not underestimate it,
what is clear is not easy for Dogecoin to reach $ 1 and let's see what will happen in the future.
hero member
Activity: 2464
Merit: 519
January 28, 2023, 04:53:19 PM
Doge can go 1$ many people waiting that.
In this market, meme coins need to be handled carefully. It is possible that they have worse cases. There is still no better way to manage market risk than to have a large number of bags with a small token proportion. As it works, there will always be a project that will cover losses caused by other tokens. 
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
January 28, 2023, 04:25:48 PM
Doge can go 1$ many people waiting that.
At this point with its number one fan Elon Musk not hyping the coin anymore... I honestly don't see this to be possible, and not to mention the huge coin supply that makes it difficult for price to raise to that dollar mark... Its almost mission impossible, maybe if bitcoin hits $100k then it can ride on bitcoins success.

Doge can go 1$ many people waiting that.
I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.
Agreed, the huge supply is obvious but I also think meme coins are no longer the talk of the day which doesn't help build demand for dogecoin.
full member
Activity: 1680
Merit: 169
Buzz App - Spin wheel, farm rewards
January 26, 2023, 10:09:36 AM
Doge can go 1$ many people waiting that.
I'm not sure whether Dogecoin will be able to touch the value of $1 because I see that there is a lot of supply (currently stands at 132 billion dogecoin) and not everyone actively uses Dogecoin for transactions.
hero member
Activity: 2688
Merit: 588
January 25, 2023, 02:28:02 PM
Doge can go 1$ many people waiting that.
Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.
True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.
But, what do you expect in a meme coin? They don't have a good use case so the interest of the people to buy them is less therefore their growth is also slow but Doge supporters should not be disappointed on Doge anymore because Doge coin already show its biggest break and that is when it killed a lot of zeroes in its price but I think that is not possible if without the help of Elon Musk.

This is why lots of Doge coin supporters are praising Elon much for what he have done for the coin. It was actually not early if people expect for Doge to reach one dollar because it's been a long time since its value almost hit this price but it fail for some reasons.
sr. member
Activity: 1302
Merit: 270
January 25, 2023, 03:26:01 AM
Doge can go 1$ many people waiting that.
Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.

True, Doge is the largest and most trusted Meme coin, but its growth is very slow, if we talk about getting to the price of 1 dollar, it is too early because the market is recovering from a post-bear market, so it will take time for Doge Coin to move forward.
member
Activity: 1456
Merit: 10
January 25, 2023, 12:48:02 AM
Doge can go 1$ many people waiting that.
Dogecoin is one of the most popular cryptocurrency. It’s the largest meme coin in the world & a widely recognized altcoin in cryptocurrency industry. So, we can hope that can hit the price 1 doller very closer.
sr. member
Activity: 1302
Merit: 270
January 24, 2023, 07:04:02 PM
The hope people have... It's not ok to ask yourself what this unpredictable shitcoin will do, you should stay away from it and not focus on it at all. I know many people still hold it, and I know why. You guys think "it is so low already and I lost so much money, I should at least hold it until it recovers".

If this was bitcoin we are talking about then you would be right, but this is doge and all others are low as well at this moment which means that if you could sell your doge and buy bitcoin and ethereum then you would make a good profit here as well. That will also prevent you from losing further amount of money when others recover and doge doesn't recover that much.
It is easy to say but considering that there are so many people trust this coin ? and also having this in mind we will not settle to something we don't truly trust and it is one that I am not investing or never invested in Doge.
there are many hopes for this to increase  dollar but yet? how many times that it fails to happen??

Hasn't it ever happened, to touch the price of 1 dollar for Doge in 2021, this coin really isn't worth investing in, maybe for some reason most people are more inclined to bigger coins, we may just not trust this coin  , but in fact it happened, it took a long time for Coin Doge to move, at least waiting for that moment to return if you want to get more dollars..
full member
Activity: 588
Merit: 223
January 24, 2023, 05:17:53 AM
Doge is indeed a potential coin meme, especially since Elon Musk's influence on doge is enormous. But we need to know that there are hundreds of coins/assets, but the chart is only one actually: Bitcoin has lots of fundamental & technical analysis results if it still depends on the price of bitcoin. Doge could reach $1 if bitcoin reaches a new ATH.

Investing in Doge needs to be considered again considering that the crypto market is not good right now and it will definitely be very difficult for Doge to be at $ 1.
sr. member
Activity: 2002
Merit: 250
January 22, 2023, 12:04:29 PM
You see, for Doge there is indeed a chance to go to $ 1 , where we all know that the bullrun in 2021 made Doge really really crazy,
of course that was because of the effect of elon musk and made Doge fly high almost touching $ 1,
indeed for now according to term analysis long doge could be up to $ 1 it's just that the bull run has to really come back and make the bitcoin price to the new ATH maybe $ 100k,
and I'm sure $ 1 for doge can also be achieved.
full member
Activity: 1064
Merit: 101
January 22, 2023, 12:45:54 AM
the meme coin that is most likely to have a high value in the next 4 year cycle, I believe Dogecoin can be more than $ 1, therefore I have continued to buy it since last year because I believe in the Dogecoin community, which is always loyal to support it, especially since Elon is behind it
I don't know if it's true or not but I hope you really have done your research and not gambled,
the advantage of dogecoin is that they have a great community and that's no doubt about it,
let's see how it develops later because only time can tell.
legendary
Activity: 3780
Merit: 1418
January 21, 2023, 05:57:27 PM
the meme coin that is most likely to have a high value in the next 4 year cycle, I believe Dogecoin can be more than $ 1, therefore I have continued to buy it since last year because I believe in the Dogecoin community, which is always loyal to support it, especially since Elon is behind it

Not moving much when bitcoin did doesn't bode well for doge.  Usd of course it will go up if bitcoin does because most everything is pegged against bitcoin.  I don't think it will outperform bitcoin in the long run so I see no point in buying any at this price.
sr. member
Activity: 1988
Merit: 268
20BET - Premium Casino & Sportsbook
January 21, 2023, 05:39:28 PM
the meme coin that is most likely to have a high value in the next 4 year cycle, I believe Dogecoin can be more than $ 1, therefore I have continued to buy it since last year because I believe in the Dogecoin community, which is always loyal to support it, especially since Elon is behind it
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 20, 2023, 08:32:07 PM
The problem with doge is the block rewards, they never go down.  It continually pays out 10k doge every minute on average.  Supply just continues to grow and I'm not sure if they will have the same demand as they had last bull run.  Everyone is bag holding right now.

Exactly. The supply was designed to grow constantly over time. Making Dogecoin deflationary would solve this problem. I've read some rumors about DOGE devs considering switching to PoS in the future. If they do that, then it's likely they'll reduce the coin's total supply and block reward with the hard fork. Only then, Dogecoin will be able to hit $1 and maintain such price for a long time. Right now the hype has faded, so don't count on the "meme" coin going to $1 anytime soon. Who knows how much DOGE will be worth in the future? Just my opinion Smiley
full member
Activity: 1610
Merit: 103
The OGz Club
January 15, 2023, 10:50:10 AM
Doge can go 1$ many people waiting that.

I dont think can even reach that level, last time might the highest level for dong when elon hype pumped on Wall Street bet meme season, and after that many meme stock crumble to the ground, people learn, those wont repeat to that level again, lot of bag holder waiting for that moment 1$ doge
It's not impossible, I think that the possibility is too rare for it to happen but it just need a little push and we know who can do that. It's too huge to ignore now, even Vitalik is an advisor for them as well as Elon Musk. We may never know but there's really a probability that it may hit that target in the future. Who knows anyway?
in 2021 Doge has and almost reached $ 1 and indeed this is the world of crypto currency where miracles can come to Doge again,
but we also have to be prepared if Doge does not rise but drops to a price below $ 0.01 again, anything is possible and we must prepare for it.
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