Topic: Dogecoin 🐕🦺 1$ possible in 2022 or not? - page 16. (Read 2504 times)
Elon Musk is the greatest crypto manipulator I've ever seen, it works for him but for how long will this keep going? We've seen people like him before and their reigns lasted only for few years I believe the same thing will happen to Elon musk too, it will get to a point where his tweets won't matter anymore.
Despite people's views on Elon Musk, the man's impact on Doge's prices has been very positive. So it is very possible that in the future with a little encouragement from Elon Musk, the price of Doge could break 1$. but for now, that's impossible. The coin meme hype has faded, and Elon doesn't seem to be paying attention to the doge.
Im not arguimg that it didnt impact on price of course it did. From its price way way back thats really a significant move when it comes to action price. Thats totally rewarding to people who hold a lot of doge especially from free faucet before.The 1$ price is still a myth but if it does happened. Expect some memecoin like shib to follow and others too.
I think the coin meme(Doge) still has a great appeal and it can explode at any time including the effects of Elon. They had a great support from Vitalik when they confirmed their support for the Doge to POS migration. It seems to be a belief for those who believe in the future of Doge. ATH at $0.8 can be broken for the next cycle, everything is a big expectation
They got a huge supply. Reaching $1 isnt impossible but it will take a lot of funds to move it there. Also there are too many dogecoin haters since its backed by Elon, some dont like how he do some comedy stint and jokes on twitter. He also fan manipulate the market by injecting some news and announcement. I dont know but if this turns to 1$ imagine how many coins will be overtake by a memecoin. But since they got have utility slowly like the one Elon announced on tesla maybe others may adopt it.
Despite people's views on Elon Musk, the man's impact on Doge's prices has been very positive. So it is very possible that in the future with a little encouragement from Elon Musk, the price of Doge could break 1$. but for now, that's impossible. The coin meme hype has faded, and Elon doesn't seem to be paying attention to the doge. so the target of 1$ in 2022 is very low probability. after all the market is recovering, and everyone is just staring at bitcoin. that's why altcoins like doge are most likely not getting any attention.
They got a huge supply. Reaching $1 isnt impossible but it will take a lot of funds to move it there. Also there are too many dogecoin haters since its backed by Elon, some dont like how he do some comedy stint and jokes on twitter. He also fan manipulate the market by injecting some news and announcement. I dont know but if this turns to 1$ imagine how many coins will be overtake by a memecoin. But since they got have utility slowly like the one Elon announced on tesla maybe others may adopt it.
Do not understand estimate the power of hype, what dogecoin survive on is hype so if that is not happening, the price of coin will keep declining. It will take just another celebrity that people trust to boost the price of doge coin. Elon musk has done enough, immediately more important personal start talking about the memecoin, the price will start pumping again and maybe that milestone of $1 will be achieved. Other memecoin might pump as well just because dogecoin is pumping.
although doge was a meme coin that really pumped when it was backed by Elon Musk, and in 2021 it's almost $1, and currently has some functionality, I think it's possible. just don't get your hopes up for it. we do not know what will happen in the future, but when the price pumps again, and the bull market occurs again, the potential for a doge to reach $ 1 is still quite large. as long as Elon Musk is still pushing this coin, I think it's still possible. But, like I said, don't get your hopes up on this coin. if you still have it, maybe holding it long term, or selling it right now still makes you a profit.
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.
It goes down since the hype has gone and some major players have been starting to sell their tokens to the market. With a veritable mountain of support behind Dogecoin, enthusiasts and holders believe it could hit $1 per token.
I don't even think this will happen. I consider the utility usage of doge coin which was not even exist. I can't even think this will reach $1 without a big pump from billionaire like elon musk. You can also take a look at how many volumes were going to the doge coin when the pump happened. 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?
All of tweets created by elon is not having any impact to the doge coin price. These days traders and speculators are very smart. The doge coin has no chance to go to the moon again. The valuation was too big for a meme coin without any utilities.
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?
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?
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