Dogecoin 🐕‍🦺 1$ possible in 2022 or not? - page 11.

lizarder

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Quote from: Black|spider$ on February 11, 2022, 12:47:32 AM

When Dogecoin lounch, Dogecoin was a common cryptocurrency But over the trailing 14-month stretch, Dogecoin has rallied approximately 5,000%. And it was up considerably more when it hit its all-time high of nearly $0.74 per coin in May 2021.

With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.

In terms of catalysts, there's probably none bigger than having the world's richest person in your corner. Tesla CEO Elon Musk owns only three cryptocurrencies. One of those happens to be Dogecoin. Musk is no stranger to promoting Dogecoin on social media platforms like Twitter, or posting obscure memes implying that Shiba Inu dogs are "going to the moon." what do you think about dogecoin?

From the beginning I doubted that Dogecoin would reach $1 per token, because the hype for Dogecoin has ended in 2021, the possibility of strengthening is definitely there, but for higher prices it is very difficult, imagine if one CEO can make the coin strengthen, there will be more and more CEOs. will promote other coins/tokens, but because the hype doesn't apply to all coins, very few CEOs are willing to do that, so it's not only this song that makes coins/tokens grow and strengthen, sometimes even bigger hype affects it.

Gayong88

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My view may be and in the last few months, not only has Dogecoin experienced a decline in price, other coins/tokens have also been the same especially this week around $0.11. Huge jump in price from around $0.74 in 2021 last May. While it may seem possible to reach those numbers take time and process, there are many factors that can stop that from happening plus corrections are very vulnerable at any time.

bakasabo

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Dogecoin is a meme coin that ranks first among other memes. Even though it was abandoned by the original developer, now Elon Musk has adopted dogecoin and nurtured it as Elon Musk coin. And will soon make Dogecoin a payment system in his project. If that happens $1 is not a difficult thing.

Dogecoin can already be used to buy Tesla merchandise, and pay in dogecoin on supercharge stations. Dogecoin is already involved in Tesla inc life. But $1 is not even close. By looking on current market and world, dogecoin will be least favorable altcoin to recover. I think current year will be year of stablecoins and Bitcoin. I also think that we will never see dogecoin reaching ATH, as everyone has already saw how manipulative this altcoin is, how easy it is to loose money with it. The trick of dogecoin (if we put aside the fact of meme) was cheap transactions. Now we have plenty of blockchains who can offer same. Why buy dogecoin, when there are more promising blockchains around?

KaliLinux

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Quote from: Black|spider$ on February 11, 2022, 12:47:32 AM

When Dogecoin lounch, Dogecoin was a common cryptocurrency But over the trailing 14-month stretch, Dogecoin has rallied approximately 5,000%. And it was up considerably more when it hit its all-time high of nearly $0.74 per coin in May 2021.

With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.

In terms of catalysts, there's probably none bigger than having the world's richest person in your corner. Tesla CEO Elon Musk owns only three cryptocurrencies. One of those happens to be Dogecoin. Musk is no stranger to promoting Dogecoin on social media platforms like Twitter, or posting obscure memes implying that Shiba Inu dogs are "going to the moon." what do you think about dogecoin?

Are you saying that Dogecoin is now better than being that same common cryptocurrency? I keep asking this question, what has Dogecoin has to offer apart from the Hype it is getting from Elon Musk? what do you think will really propel the coin to $1?
We understand that Elon Musk keeps trying to promote Dogecoin through Tesla but has this had any impact further on the price of Dogecoin?
Don't over-dream it.

LastKiss

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Dogecoin is a meme coin that ranks first among other memes. Even though it was abandoned by the original developer, now Elon Musk has adopted dogecoin and nurtured it as Elon Musk coin. And will soon make Dogecoin a payment system in his project. If that happens $1 is not a difficult thing.

Well most likely it's true when many people accept Dogecoin as their payment reaching $1 wont impossible but right now it's hard to accept due to many external things happening. I'm not hoping that Dogecoin will reach $1 this year, I'm already grateful if Dogecoin can reach $0.5 this year tho. Let's see for another year like next year or the next 2 years.

Kunnu

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I don't think it's impossible for Dogecoin to surpass it's previous ath and touch the $1 mark but its all need the exact market conditions when Dogecoin was around $0.50 or $0.60 unfortunately it doesn't look easy because you know the war rumours between two countries are leaving negative impact on every market wheather it's crypto currency market or stock market, the time is to have patience and hope for something positive.

Dr.Osh

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Quote from: yazher on February 23, 2022, 09:41:02 AM

DogeCoin is not a common meme coin since we have Elon Musk always promoting it and now he has something new to offer with it and that's how it goes so popular nowadays because they keep updating and using it as a preferred payment for the supercharger stations of Tesla. if this is the case, then the desirable price will be reached maybe not this year, but in the next years to come because they keep promoting it in their own way that it seem working everytime they do it.

yes, I agree that Doge is a special memecoin because it has Elon Musk as its main supplier. this makes the price of doge to be as high as it is today. however, for the price of $1, this year may still be very difficult. Looking at the current state of the market, crypto prices are said to be maintaining their prices rather than increasing their prices. it includes for dogecoin. however, instead of targeting $1 for this year, perhaps $0.5 is still more likely. however, in the crypto world, the price of $1 is still very much achievable. however, based on the available data, it seems that it is still very difficult.

yazher

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DogeCoin is not a common meme coin since we have Elon Musk always promoting it and now he has something new to offer with it and that's how it goes so popular nowadays because they keep updating and using it as a preferred payment for the supercharger stations of Tesla. if this is the case, then the desirable price will be reached maybe not this year, but in the next years to come because they keep promoting it in their own way that it seem working everytime they do it.

EmmaGod

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The major reason why dogecoin came to limelight is because of the hype it secured from influencers especially from the Tesla boss. It is obvious that dogecoin has been on the low for a while now and may need another big news to make it trend again. Secondly, it would take a whole lot of effort for dogecoin to get to $1, though I recall it once traded at about 0.6$.

yohananaomi

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2022 shows a negative sign, until now the market has not recovered, but I am optimistic that the market can bounce back soon, if you see the trend and transaction volume that continues to increase, I am optimistic that Doge can reach $1 this year.

we know in general that the increase in doge was almost all the result of @elonmusk's tweet and not from the capabilities of doge itself, as well as the increase a few weeks ago also due to @elonmusk giving concessions to the use of doge for company merchandise transactions.

hopefully 2022 will be a milestone for all crypto moving better and doge is no exception, if the trading volume will continue to increase it can be ascertained that all will also be boosted, of course, doge is no exception. but will it be able to reach $ 1 this year? obviously not easy still doge got used to the jack from @elonmusk's tweet, will it be done again?

lenovop-70

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Doge is just an ordinary coin without the help of Elon and the strong community in it, and I think it can reach $1 easily when they are united to make it happen, I mean, I'm waiting for Elon to make a new drama to lift the price the Doge to the moon, without him I think it will be hard to Doge to hit $1 in the near future.

Captain Corporate

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Quote from: tygeade on February 19, 2022, 04:27:17 PM

If you are trusting just one person to do all of your marketing as a project, then you are not going to be making too much profit for too many people. Sure the ones that made money buying at the bottom a year ago and selling it later when it reached 70+ cents made the profits, but aside from them, nobody else made any money, not before that and not since. The main problem is that if people want to make a profit from it again, they need Elon, and that is not a good thing. I would not really put any of my money to make a profit of that kind just based on one person, I need a project to be great all by itself without a push from a celeb.

What happens if leonardo di caprio promotes a coin tomorrow? And Brad Pitt another one? Then RDJ? Are we suppose to buy every single coin a famous person promotes? That makes no sense to me at all.

tygeade

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Quote from: MAAManda on February 19, 2022, 04:19:51 AM

All the believers in each project behaved like that, they really believed in what they had done. Experience will teach them about how to look at a project from various sides and not just hype.

Talking about Dogecoin (DOGE), I don't think we can do this without relating this to Elon Musk, lately I haven't seen Elon Musk's tweets about Dogecoin (DOGE), he has started tweeting about SpaceX again (his project). Maybe, soon we will see the price of Dogecoin (DOGE) even lower than it is now.

He probably just gave up on Doge already. Maybe he will come back and then make some profit with it again in the future, and in that scenario we could see some more hype and then 1 dollar could be reached. He turned it from 3 cents each to 70 cents each when he tried it first time. We are in a bear market type of situation right now, it is not in bear anymore but we barely got out and have not reached that great bull period yet.

In a period where everything goes up, and the price of bitcoin reaches 70k+ and breaks the ATH price, then I am sure Doge will do better as well and in that period if Elon tweets about it then 1+ dollar could be reached. Don't get me wrong, I am not supporting it and never owned any for investment purposes, but that doesn't mean that I would say it will never be higher price neither, I understand there are some other people who would invest into it.

MAAManda

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Many newcomers are stuck with it and they really can't figure out why it's the way it is. Since they only see fictitious profits and when people express their opinion against them they get upset with it, that's a big stupid thing I see. Time will tell for all of us and if it fails in this space it's my own fault I see a lot to be said about the future but in reality it hasn't happened yet and don't be wise with it together.

All the believers in each project behaved like that, they really believed in what they had done. Experience will teach them about how to look at a project from various sides and not just hype.

Talking about Dogecoin (DOGE), I don't think we can do this without relating this to Elon Musk, lately I haven't seen Elon Musk's tweets about Dogecoin (DOGE), he has started tweeting about SpaceX again (his project). Maybe, soon we will see the price of Dogecoin (DOGE) even lower than it is now.

MAAManda

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Quote from: repear7 on February 15, 2022, 12:31:14 PM

I don't think this dogcoin can go 1$. Because the token that did not have such a price has gone from the ground to the sky. Doggy Coin went up to 0.74$ just for Elon Musk's tweet. It was a kind of fad in Elon Musk that ordinary people didn't understand. Because Elon Musk bought all the tokens at a low price and posted them on his Twitter. As the price went up, he sold it all. So I don't think it's possible to go any day.

The current price of Dogecoin is $0.1419, Never mind $1, even a 300% increase from the current price in my opinion is very impossible for Dogecoin (DOGE), coins or tokens that go up organically will quickly return to their lowest price, if you expect a decline, I still believe in the price of Dogecoin (DOGE) can return to their initial price, it's all just a matter of time until investors lose more and make cut-losses instead of having to lose even more.

LUCKMCFLY

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Quote from: repear7 on February 15, 2022, 12:31:14 PM

I don't think this dogcoin can go 1$. Because the token that did not have such a price has gone from the ground to the sky. Doggy Coin went up to 0.74$ just for Elon Musk's tweet. It was a kind of fad in Elon Musk that ordinary people didn't understand. Because Elon Musk bought all the tokens at a low price and posted them on his Twitter. As the price went up, he sold it all. So I don't think it's possible to go any day.

His opinion is very radical, but he has a lot of assertiveness, if Elon Musk, who is a person with great purchasing power who can give a big pump with a tweet, almost manages to take it to 1 USD, however he could not do it successfully, it is probable that it is very difficult that due to the merits of the currency or the community they can take it to 1USD, many whales would have to enter and buy many doge, although it is not something impossible, I do not see this happening for now, and this scenario is also possible if BTC is in a confirmed bullish trend, and unless it exceeds $100k (which is a very possible scenario), for me, if those parameters are met, it can happen.

repear7

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I don't think this dogcoin can go 1$. Because the token that did not have such a price has gone from the ground to the sky. Doggy Coin went up to 0.74$ just for Elon Musk's tweet. It was a kind of fad in Elon Musk that ordinary people didn't understand. Because Elon Musk bought all the tokens at a low price and posted them on his Twitter. As the price went up, he sold it all. So I don't think it's possible to go any day.

sarmrakib

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Quote from: D ltr on February 14, 2022, 11:25:51 AM

dogecoin is a coin meme that has its own charm, especially when Elon Musk pumps it up with his tweets, and almost $1 at that time,
for 2022 we are waiting for the miracle to return, the doge will touch 1$ later, all hope in the coin must be there
(entertain yourself and hope to get a surprise from DOGE)

Elon did his best to pump it, I don't know yet if he hold Doge or what was the reason to start tweet with Doge. Its really clear to us that Dogecoin is a meme coin and it has nothing any concept on crypto. So that is not it to be risky to go with Doge. Its true that it was really pumping and got a good ath point but it has dropped enough and i don’t think it can go over the past ath. However there is nothing make me strong to think that it could get a good uptrend as it was in recent past. Usually i never suggest to invest on meme coin but if you wanna throw you money to the sea you may go with meme coin. If you are the lucky person your investment could go to the over sky. So mate i just wanna suggest to ignore meme coin and invest on top ranked strong project which is really potential.

Maslate

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Actually, we haven't any clue to which direction this coin will go but I don't think that is going to reach that price on its market position. I'm in doubt of its potential even though we know that some traders are using this. It is just quite interesting to see that this project still even going to survive after the shilling that has been made by Elon Musk. Coz I thought that was its end but yeah, it was still good to see it is still alive but this never means that it has a chance to even reach $1.

fvb

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This year, the price is unlikely to reach the one dollar mark. Although many predict such a development of events. And in the future, the most optimistic ones talk about an even higher price. Lots of different opinions on this. Many people hold the coin anyway in the hope of a reversal and price rise at least by the last year. The market constantly surprises with its inconstancy and in principle everything is possible, the main thing is to believe.

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