Dogecoin 🐕‍🦺 1$ possible in 2022 or not? - page 12.

Jackl87

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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?

I don't think that Dogecoin can reach 1$ in the near- or mid-term future. Currently it's at around 0,15$ which would mean that it would have to do a x7 from here to reach 1$ and i don't think that it has the potential to do that on it's own. I also think that another tweet of Elon Musk will not really have an effect anymore, because stuff like that always only works best when it is done the first time and completely out of nowhere. Of course it is not impossible for Dogecoin to reach 1$ somewhere in the future when we are in a full steam bull market again and the overall total market cap is also increasing by a few multitudes, but in general i think that the hype around meme-coins is over.

rozak

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Quote from: noormcs5 on February 15, 2022, 07:07:07 AM

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 musk is still behind the dogecoin and also there is some development going on with this project code. I think 1$ for dogecoin is very much possible however it may take some time.

Although i don't like Meme coins but dogecoin has turned into something worth investment after the involvement of Elon Musk.

it all depends on how the market and community maintain the price of dogecoin. if as said, Elon still holds this coin and there is a big development to use dogecoin for real products. Of course, a potential $1 of Dogecoin is achievable.
but instead of thinking about the increase in the value of dogecoin, I think seeing the potential of altcoins and bitcoins in the market would be better.

noormcs5

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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 musk is still behind the dogecoin and also there is some development going on with this project code. I think 1$ for dogecoin is very much possible however it may take some time.

Although i don't like Meme coins but dogecoin has turned into something worth investment after the involvement of Elon Musk.

lumeire

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Quote from: mamesso on February 14, 2022, 11:00:11 PM

Dogecoin which increased by around ± 3,500% in one year makes it a crypto asset that attracts the attention of traders and investors. Elon Musk will continue to support Dogecoin, he will always voice support for Dogecoin on social media such as Twitter, Elon Musk's tweets are a big boost to Dogecoin success. The emergence of another memecoin will be a new rival for Dogecoin, Doge must be ready to compete in the future to maintain its value.

Elon Musk's tweets regarding Dogecoin are now normal to crypto investors and now there is very little value of his tweets in support of doge coin. If he says something negative about DOGE then only the price will tank, but something positive coming out in his tweets will have very less to little effect on the price.
But if someone big also invest in doge and support it publically then only the price will increase and would cross $1 mark and once that happens the price will further increase dur to FOMO.

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Quote from: panduryk on February 14, 2022, 05:29:44 PM

I never understand people who believe in mem coins, its looks like mmm Grin

Why and how people can believe in future of coin, which are not contains any technology, or does not resolve any problems?
But its so pity true, even such Doge coin and etc mem coins can cost 1$ and more Cry

Some people who like meme coins only for short-term profit because meme coins are built to pimp an unclear price so that those who buy meme coins always expect their luck which is almost like gambling. So the choice is not wrong as long as it is not a priority for the long term, especially since the money used for coin memes is not so much.

mamesso

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Dogecoin which increased by around ± 3,500% in one year makes it a crypto asset that attracts the attention of traders and investors. Elon Musk will continue to support Dogecoin, he will always voice support for Dogecoin on social media such as Twitter, Elon Musk's tweets are a big boost to Dogecoin success. The emergence of another memecoin will be a new rival for Dogecoin, Doge must be ready to compete in the future to maintain its value.

panduryk

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I never understand people who believe in mem coins, its looks like mmm Grin

Why and how people can believe in future of coin, which are not contains any technology, or does not resolve any problems?
But its so pity true, even such Doge coin and etc mem coins can cost 1$ and more Cry

kentrolla

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Some of us are still wondering how did Dogecoin even survived for such a long time as there is zero real life usage of this coin and not sure whether it would have achieved ATH without Elon Musk's tweet or not. I don't think Dogecoin has possibilities of reaching $1 unless Elon makes some special announcement about Dogecoin unlike previous tweets as people have lost interest in cryptic tweets and they need a solid proof why to buy Dogecoin. $1 is possible only with the help of billionaire like Elon or any organization.

RealMalatesta

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Quote from: mumang siat on February 13, 2022, 11:27:36 PM

Quote from: Pujangga on February 12, 2022, 10:51:33 AM

I hope Doge can reach $1 soon, if this is achieved of course I will get a big profit and it will have a positive impact on the market which will skyrocket, but we have to be realistic if we look at market conditions that are still red for almost 3 months, if the market is difficult to recover the price is likely Doge will drop again under 10 cents.

Even if the market conditions are normal or green, I doubt dogecoin will be able to reach $1, from the beginning of development dogecoin was only able to make a shock price at 10K, and even then it was not so long in the market, after that dogecoin returned to its current price, even greater hype that affecting Dogecoin up to 10K, but going forward it is difficult for Dogecoin to reach $1.

No mate, dogecoin did not hit 10k. That's ridiculously big for such a meme coin with huge supply. In the beginning of doge coin, this coin was started as a joke and everyone makes fun of this coin. That is make its value drop or became stagnant for a very long time until one day Elon came to the rescue and promote this coin. That's the time doge got the attention of the investors but still the price did not cross 1dollar per coin.

Now that Elon did not not make any post about the coin, the more the chance that the coin will go down and wont reach this targeted price. There are better coins out there to consider by this year than dogecoin.

Sirait

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Dogecoin is most popular and most promising in meme coin.I Think meme coin short term project and short term investment. Many meme coin hype just short term. But Dogecoin is expensive coin that This coin price already reached. 70$+ and near 1$.Dogecoin growth percentage, i hope it wil happen in this year.

although dogecoin is the most popular meme coin but the shiba community is much bigger, expecting Elon's popularity alone won't bring dogecoin price to $1. if there is significant development then maybe the price of doge will go to $ 1 but in fact it doesn't exist at all. for those who want to invest in doge, you have to think again, it's better to choose bitcoin, eth or bsc only.

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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)

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Based on the data from the coinmarketcap dogecoin have achieved a growth of 70,433.86% from its base. On dogecoin ath value the growth percentage will be even higher than this. Dogecoin has reached $0.73 which is something close to $1 and there is no big real-time usage. Maybe if someone like Elon or crypto influencer make a plan surely there is possibility to reach $1. If I'm not wrong, surely in the long term this will happen.

HyunBin

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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?

Well if the current update of dogecoin is on its way of progress and development then there is a high chance for it to reach 1$ but I am still in doubt that it will reach 1$ this year.

masterrex

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IMO, I believe in the crypto industry everything is possible so it means that $1 per Dogecoin price speculation is achievable and maybe happen anytime but not in 2022 because there are a lot of factors that can be considered especially the market stability because as we have seen before the market easily reacts on what was happening on the ground maybe if the crisis in eastern Europe will not solve Im sure it can cause a big impact on the crypto market as well and we should prepare for that scenario.

Mauser

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I do believe that we will see new ATH this year in the crypto markets, including dodge coin. Once the world is normalising again, crypto prices should start rising again. Most of the investors wouldn't sell their coins at current prices, eventually the downward pressure will stop once all the sellers left the market. Then prices have to rise again.
As for Doge Coin, the question shouldn't be if it's possible to reach $1, but rather if price could stay above $1. Unfortunately I don't think it's possible at the moment. Many investors, myself included, look at the $1 barrier as a chance to make some profit. For many years I have been holding some doge coin, but once we hit the $1 I would sell mine. I expected many investors to think similar, so as we hit that level there should be a large number of sellers who will bring the price down again. The buy orders above $1 will probably be very limited.

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1.5 months of 2022 has passed and so far dogecoin is not even a half way to $1. Sometimes I even feel that not only this year dogecoin and whole cryptocurrency will update ATH, but wont be even close to it.

What was the reason why dogecoin made such price growth last year? Only tweets by Elon Musk? If he was the only reason for growth, then we will never see dogecoin cost $1. First of all Elon looks like no longer interested in dogecoin, and is more focused on SpaceX. Second, even when he tweets, that does not affect dogecoin price greatly. Somewhere inside, I feel like we will never see dogecoin cost 73 cents anymore.

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Quote from: ReiMomo on February 12, 2022, 02:37:35 PM

Anything can happen with Doge coin. Who knows, if Elon Musk comes back again on a twitter chat and says, he is going to accept this doge coin as a currency when purchasing his products. Too many meme coins have been created in the market now. I am sure mother of meme coin would reach a dollar by mid of this year or bit earlier than July 22. Doge had a sudden and welcoming growth last year in April and wish to see it back this year as well.

We can only speculate and hope that it will happen.

Doge is a meme coin and the chance of this asset to bounce and create another hype is depending on how big whales like Elon Musk
will work behind it. Just a fresh start, then it will break its silence again and create a bounce to reach or surpass $1. It's wise if you
still have some Doge to hold, then keep it for now.

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Quote from: shushu9977 on February 14, 2022, 04:21:18 AM

We know that dogecoin is a good coin and the future of dogecoin is very good. If we see DOGE price statistics, then we saw the price of DOGE $0.0000854 (7 years ago). Now the price DOGE is 0.15$ per token. And we knew that the price of doge is. 074$ (9 months ago). So, it could be crossed 1$ in 2022 or next year.

Dogecoin is just a memecoin so I don't really see why the future would be bright for doge; there is no active development since a couple of years already. The price will probably pump again for various reasons (tweets from Musk, ...) but reaching 1$ this year will be very difficult except if we see another crazy bull market. With crypto your never know.

shushu9977

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We know that dogecoin is a good coin and the future of dogecoin is very good. If we see DOGE price statistics, then we saw the price of DOGE $0.0000854 (7 years ago). Now the price DOGE is 0.15$ per token. And we knew that the price of doge is. 074$ (9 months ago). So, it could be crossed 1$ in 2022 or next year.

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Quote from: Victorik on February 14, 2022, 12:59:24 AM

Dogecoin reaching $1? I don't see that happening anytime soon. The hype behind the project is no longer there, so it's just hanging there for the moment. Well, in Crypto, anything is possible. Just one announcement can bring back the steam, but until then let's keep our fingers crossed.

Not something easy for sure for Dogecoin can reach $ 1 moreover it is a meme coin,
I think it all also depends on the development team whether they will update the project later,
clearly speaking for now I don't see Dogecoin going to $1

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