Dogecoin 🐕‍🦺 1$ possible in 2022 or not? - page 14.

fullhdpixel

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Quote from: lousie9 on February 11, 2022, 11:37:27 AM

The hype that has happened to Dogecoin has started to decline with today's trading volume falling by 37% as well as ShibaInu and I think the price of this coin will drop even further but I am still optimistic that these two coins will strengthen again if Elon Musk tweets positive about the two coins, because Elon is still very strong to lead coin meme lovers so that the coin can go to the moon.

I am not optimistic about this coin in any way at all, the trend ended so quickly, and Shiba Inu took over. Even the Shiba Inu’s trend didn’t last for a long time, both of them were something that lasted just for a short time, and it just happened for those who were lucky enough to be there when it happened. But any person that was late for it ended up losing their money.

I even saw some Twitter folks who were being positive that the price would get to $1, but they were disappointed that they price fell from $0.68 and down to what it is now. It just seems like people has already moved on, but let’s look forward to next year or before this year ends , and see what would happen to Doge coin or any of these meme coins.

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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?

Dogecoin's journey from the beginning until now continues to grow, where there was no initial support that made Dogecoin stagnant at that time, but when the hype influenced this coin to develop at a higher price, Elon Musk was the figure behind the coin's success, but after the hype ended Dogecoin doesn't seem to be a priority anymore by Elon Musk, what we need to understand is, Elon Musk's figure only surprised me once, after that he died the coin and switched to another coin, that's the pattern of investors in making coins valuable or declining.

asyakashi

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Dogecoin still has the potential to go to $1 but it will take time, and I don't think Elon Musk alone is enough to keep dogecoin going up, it looks like it needs support from a new big guy, because Elon Musk was once branded a market manipulator, I don't think his influence is as big as before.

sunsilk

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However, that $1 is not a hard thing for Dogecoin because of Elon Musk backup.

That's certain. If Elon thinks that he has to play along with the market again, he'll tell his thoughts about Dogecoin which will drive the market crazy again for Dogecoin and as well as its investors.

It's like Elon is the godfather of the investors of Dogecoin and that's where they're been depending with their decisions. It's an indicator to them if Elon starts to tweet about Doge again.

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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?

In my opinion, Dogecoin (DOGE) will not be able to return to its ATH price, there are several factors that make me think like that, the first is that Dogecoin does not have a fixed supply, every time the supply of Dogecoin (DOGE) will continue to increase, in fact the supply that is unlimited is not a problem if Dogecoin has such clear utility as Ethereum.

The second is from the development side, there is no development whatsoever in Dogecoin, even I think that Shiba Inu (SHIBA) is better than Dogecoin (DOGE) because they have clear utility and fixed supply.

Accardo

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Regarding the creation of Dogecoin as a memecoin in the first place, will not escape the thoughts of many people even now that it's beginning to have a use case. When Elon musk hyped the coin, it was booming and many investors bought the coin hoping to make quick profits and some bought the dip believing that it'll pump again but the price failed to boost again. A lot of people that bought the dip are still holding dogecoin but, those that bought when it was high in price I think must have discarded or sold their holdings in severe anger. My advise to investors is for them to look into other coins like ETH, when seeking for a project Defi is also a good option. Dogecoin is not yet capable to hit the $1 mark because it's use case has not been accepted generally.

VanDeinsberg12

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doge coin is always possible to reach such valuation. ATH was almost touching $1 and it seems like that the price will not go below 10 cents again. If doge coin can stay at this area and when there will be a big pump and this will be making doge coin to be pumped to the $1. The new floor means more price when it will be reaching its ATH. this may takes years to happen as doge coin will always stable.
You must also see the whole chart of doge coin. it will show you how stable dogecoin before the pump will happen with it

Luqman

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Per today, the price of Dogecoin is around only $0.1439. The market cap is also dropped very much. We can see also the rank has decreased in the Coin Market Cap.
And expecting that Doge will reach $1 this year?
I think that it is impossible. There seems no good progress or even interesting thing again to make Dogecoin rise up so much again like previously. The hype of Doge has ended and the price will be only around the price right now. Mabe it will only increase some certain cents.

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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?

No it had its pump, it made it to $.70 and that was with as much pressure that could be laid into it. Volume has drastically reduced. In terms of sats it will continue to fall as buy volume is drying up yet block rewards continually spit out 10,000 new doge every minute. This is going under $.10 real quick.

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

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

I personally don't believe if Dogecoin can hit $1, we are no longer hearing a big issue related to Dogecoin. Although many supports on Dogecoin, it doesn't enough to pump Dogecoin price, except Tesla really accepts it as one of the payment tools for their products. If it happens, I think there is a chance for Dogecoin to soar around $1, even higher than $1. But in my own view, this seems to not happen because Dogecoin is just a meme coin, not a really good coin to use for the payment tool.

lobo13hf

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$1 is just a dream. You need to put the main concern on bitcoin first before try to predict thins coin to go to the moon. Bitcoin is still bearish and remember that the volume of doge coin is not so much like when it pumped.
I do believe dogecoin will stay at this level and this will make doge coin do sideways for months or years. Musk has no effect anymore to drive the demand to buy dogecoin.
people these days really smart. They are not following what tweeted by elon musk again. It seems like crypto investors going even more mature.

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Quote from: AmoreJaz on February 11, 2022, 04:29:02 PM

Quote from: ScamViruS on February 11, 2022, 04:23:35 PM

Quote from: lousie9 on February 11, 2022, 11:37:27 AM

The hype that has happened to Dogecoin has started to decline with today's trading volume falling by 37% as well as ShibaInu and I think the price of this coin will drop even further but I am still optimistic that these two coins will strengthen again if Elon Musk tweets positive about the two coins, because Elon is still very strong to lead coin meme lovers so that the coin can go to the moon.

When the market price of a coin changes as a result of the tweet of a certain person, then there must be something to think about the future of that coin. Now if elon musk tweets against these coins then the negative effect of the set will not be seen in the market?

I think it must be seen. So investing in a coin under the control of a certain person and expecting something huge would not be the right decision. Because he can make a negative impact on the market at any time.

and if he got tired of promoting the coin, then you need to be ready about the possible loss of your funds. up until now, we are waiting about the possible developments in doge. remember, musk said about this possible collab with doge team? so is this still happening? we don't know yet.
there's hope to reach $1 but that is, if he will continue to promote this old meme coin. but to what extent? we have no idea. because he's just doing it at the spur of the moment. can we really see actual improvements on this project?

He is already promoting the doge and bringing the market price to this stage. If he wants to promote Dogge to another level, it is entirely up to him to decide what he will do. Recently news came out that Tesla will accept dogecoin, but its effect has not been seen in the market price of dogecoin. So from this one can guess the situation somewhat about what is actually happening. But I believe elon musk can take dogecoin to the next level if he wants.

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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 am going to be honest the chances are not good, the price is at 0.15 dollars per coin which means that you need a 6.66x raise to see the price that you want dogecoin to reach.

And while it is not so far away from the ATH that you are mentioning we must understand that such a price happened when people were going absolutely crazy over dogecoin, and that kind of hype is difficult to come by, after all if someone earned money with that movement then it is natural to think there are more people that lost money during that movement, and as such if the price began to go up then those people will sell their coins as soon as they can to breakeven, reducing the future impact of any bull run that we may see during this year.

zonefloor

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If Elon Musk had not been involved and had not made such hype for the Doge, the Doge would not have come to this situation anyway. While we are using this crypto money, which was released for the purpose of joke, in transfers between exchanges and we do not take it so seriously, we are currently asking if the doge can be $1. It is a very interesting industry indeed. But if Elon Musk continues to support and hype like this, $1 is inevitable. But if Elon Musk withdraws his support, he will go back to his old black days and will probably continue in the same way. But Elon Musk will not withdraw his support because Tesla has added it as a payment method. In short, I think that as long as Elon Musk is alive, the doge will always stay in beautiful places.

Yamifoud

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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?

You may not think about it as Doge just got that price close to $1 last year it was because of the influence of EM and got the price boosted but that was done, people had no trust in him anymore, not at all after his doing. If there is another shilling with someone that is more influential compared to EM that might be possible but this meme coin like Doge will only get less interest and the chances is too slim.
And my answer to this is NO! it is better not to think and expect that much as we only just fail.

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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?

If I had read something like that two years ago, my stomach would probably have hurt from laughing. However, at the moment, $1 for a Dogecoin seems quite real to me. It will not be easy and it is hard to define it in time, but I think that sooner or later it will be achieved. Whether it will happen in 2022, it all depends on what will happen in the next month(s). If the bear market does not come now, I think it is very likely that DOGE will hit $1 later this year.

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Quote from: ScamViruS on February 11, 2022, 04:23:35 PM

Quote from: lousie9 on February 11, 2022, 11:37:27 AM

The hype that has happened to Dogecoin has started to decline with today's trading volume falling by 37% as well as ShibaInu and I think the price of this coin will drop even further but I am still optimistic that these two coins will strengthen again if Elon Musk tweets positive about the two coins, because Elon is still very strong to lead coin meme lovers so that the coin can go to the moon.

When the market price of a coin changes as a result of the tweet of a certain person, then there must be something to think about the future of that coin. Now if elon musk tweets against these coins then the negative effect of the set will not be seen in the market?

I think it must be seen. So investing in a coin under the control of a certain person and expecting something huge would not be the right decision. Because he can make a negative impact on the market at any time.

and if he got tired of promoting the coin, then you need to be ready about the possible loss of your funds. up until now, we are waiting about the possible developments in doge. remember, musk said about this possible collab with doge team? so is this still happening? we don't know yet.
there's hope to reach $1 but that is, if he will continue to promote this old meme coin. but to what extent? we have no idea. because he's just doing it at the spur of the moment. can we really see actual improvements on this project?

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Quote from: darewaller on February 11, 2022, 04:05:46 PM

I still can't believe that it reached as high as 70 cents so I would say I have no idea. If you asked me I would say that there were no possible way for Doge to reach 70 cents, it was "impossible" and I would even mock you for even thinking that it was possible.

So, to think that there is a good chance of that happening again, I do not see why 1 dollar couldn't be possible. By all means, if you ask me it should not be possible, it should be a dream only, it should be impossible but all of that were true for anything above 50 cents for me as well. This is why I do not think that it is really that much possible for anyone to contradict a 1 dollar possibility, I would love to but I can't.

I know right. The fact that It's a meme coin, nobody every expect that It would break beyond 50 cents. So, the OP's kind of question is very similar from before dogecoin reached 60 cents lol.
We can all agree that's impossible, but what's impossible before for dogecoin have happened. I guess these will depend on how much hype does dogecoin bring again in the future that'll trigger and force people to invest so it would reach a dollar a piece.

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Quote from: lousie9 on February 11, 2022, 11:37:27 AM

The hype that has happened to Dogecoin has started to decline with today's trading volume falling by 37% as well as ShibaInu and I think the price of this coin will drop even further but I am still optimistic that these two coins will strengthen again if Elon Musk tweets positive about the two coins, because Elon is still very strong to lead coin meme lovers so that the coin can go to the moon.

When the market price of a coin changes as a result of the tweet of a certain person, then there must be something to think about the future of that coin. Now if elon musk tweets against these coins then the negative effect of the set will not be seen in the market?

I think it must be seen. So investing in a coin under the control of a certain person and expecting something huge would not be the right decision. Because he can make a negative impact on the market at any time.

darewaller

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I still can't believe that it reached as high as 70 cents so I would say I have no idea. If you asked me I would say that there were no possible way for Doge to reach 70 cents, it was "impossible" and I would even mock you for even thinking that it was possible.

So, to think that there is a good chance of that happening again, I do not see why 1 dollar couldn't be possible. By all means, if you ask me it should not be possible, it should be a dream only, it should be impossible but all of that were true for anything above 50 cents for me as well. This is why I do not think that it is really that much possible for anyone to contradict a 1 dollar possibility, I would love to but I can't.

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