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Topic: Dogecoin prices are INSANE (Read 309 times)

jr. member
Activity: 394
Merit: 1
XEGGEX
May 20, 2021, 11:34:45 AM
#40
I agree with the above question, Dogecoin has very interesting potential, I see the market portfolio has started to go up and I am sure Dogecoin will definitely continue to go up. If you want to buy coin memes, you should find the right time, for example when the price drops a little, then you can start buying Dogecoin at a time like this.
            
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
May 20, 2021, 10:36:12 AM
#38
I'm not sure the price will be stable and lasting in the long term, however elonmusk has a big role to play in making this happen, and also some addresses hold a large supply of doge coins and can throw them away at any time.
hero member
Activity: 2828
Merit: 518
May 20, 2021, 10:45:54 AM
#34
Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin
Since Dogecoin is in the crypto space I have never thought of it as a dirt coin even though at that time the price was very super cheap, because Dogecoin is a clear token and always has a value even though it is small, in contrast to a dung coin which one day may die and will have no value again.

Yes Dogecoin is a clear pump and dump coins.  Let's just wait how many latecomers will be burn when the addresses that hold the majority of the coins decided to cash out.  Doge price is really insane, I don't hate Doge but aside from the hype of Elon Musk, I don't see any reason for the price to surge like this one.  But well this is crypto and everything is almost possible.  I even see an abandoned shitcoin being pumped hard.
Once Elon Musk is done, then it has to say the Doge's hypes it over. Unless if someone, another rich and influential person took place over Elon. But seems to be no other person could do this and I believe that the majority are just ignoring Doge because even newcomers know also about Dogecoin's market performance.
Doge price now at $0.4 (https://www.coindesk.com/price/dogecoin), this is pretty insane to think but because of Elon Musk, the price is very easy for him to manipulate.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
May 20, 2021, 10:26:41 AM
#33
One can dream, right?  Cheesy
I think the chances are higher that we see a $0.01 Doge again  Grin

With the "bloodbath" surrounding the crypto market these days, we're much closer to $0.01 per DOGE than we've previously imagined. The "meme" coin now sits at 32 cents and could go even lower as the hype fades away into oblivion. Newcomers into crypto will be regretting themselves big time, once they lose a lot of money in the process. I've always said that Dogecoin is extremely overpriced because of its current economic model. Hyperinflation will ultimately prevent Dogecoin from reaching higher prices in the future. Unless developers address this issue, I don't see Dogecoin going anywhere.

Nonetheless, time will tell us how far Dogecoin will go in terms of price and mainstream adoption. It could hit $1 in the short term if the hype continues. There are far better coins out there on the market which are well-suited as a long-term investment. We cannot expect much of a cryptocurrency that was initially created as a "joke". Whenever current prices are insane or not, that's up to the investor to decide. Just my opinion Smiley
member
Activity: 571
Merit: 11
May 14, 2021, 03:51:21 PM
#32
Dogecoin, the cryptocurrency that was meant to be a joke has finally crossed the $0.10 mark. It came to an ATH of $0.25 per coin a while ago. It seems that the hype is still surrounding the cryptocurrency, as Elon Musk continues to "shill" it across social media platforms. Who'd knew that a hyper-inflated cryptocurrency would be worth so much money? People are blindly investing into something that's meant to be worthless in the long run. Instead of doing their own research about the coin, they simply invest based on hype. Who knows how far the "meme" cryptocurrency will pump in this wild and crazy world of crypto?

Do you think Dogecoin's current prices are insane? If not, why? Will Dogecoin last after the hype fades away? Is it a good time to buy more DOGE? Or should you wait until the dust settles? Your input will be greatly appreciated. Thanks in advance. Smiley

All your questions are answered by understanding what Dogecoin is. Surely the only way to get such a capitalization was with the help of a character with that enormous influence.
The speculative aspect is more a bet on the doge even if Musk continues to foment this Hype, with the rocket to be sent to the moon with the developers (which developers?) Who will have to reduce the energy impact.
Doge is a joke and maybe even Musk takes us all for a ride.
hero member
Activity: 1974
Merit: 856
May 14, 2021, 03:38:44 PM
#31
Doge will definitely try to make a flippering.  Its price only need to increase 5 more times and value of Bitcoin halve and we are at the flippering. Doge is widely accessible. Peopel can buy it on many ATMs and on many exchanges.  First $1 Doge, then flippering, then $10 Doge.
One can dream, right?  Cheesy
I think the chances are higher that we see a $0.01 Doge again  Grin
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
May 14, 2021, 03:27:52 PM
#30
Doge will definitely try to make a flippering.  Its price only need to increase 5 more times and value of Bitcoin halve and we are at the flippering. Doge is widely accessible. Peopel can buy it on many ATMs and on many exchanges.  First $1 Doge, then flippering, then $10 Doge.

I don't think DOGE will make a "flippening" anytime soon. Both Bitcoin and Ethereum are strong players on the market with a greater user base than Dogecoin itself. Besides, DOGE is highly inflationary. Ethereum is also an inflationary coin, but the rate of new coins produced is much more limited than Dogecoin itself. Based on the economics of crypto, we could say Dogecoin's prices are completely INSANE. Only a fool will invest into the "meme" cryptocurrency when prices are soaring towards new heights. It's best to "wait it out" until the hype fades away into oblivion.

Nonetheless, anything could happen in the strange and bizarre world of crypto. Whenever you see the opportunity to make profit, don't hold back. Otherwise, you'll end up losing all of your hard-earned money in an instant. The recent DOGE pump is good for early adopters like myself. For newcomers into crypto, that's another story. Whenever DOGE is overpriced or not, that's up to you to decide. As long as you play your cards right, you'll have nothing to worry about. Just my thoughts Grin
legendary
Activity: 3010
Merit: 1280
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May 08, 2021, 02:02:04 PM
#29
Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin
Since Dogecoin is in the crypto space I have never thought of it as a dirt coin even though at that time the price was very super cheap, because Dogecoin is a clear token and always has a value even though it is small, in contrast to a dung coin which one day may die and will have no value again.

Yes Dogecoin is a clear pump and dump coins.  Let's just wait how many latecomers will be burn when the addresses that hold the majority of the coins decided to cash out.  Doge price is really insane, I don't hate Doge but aside from the hype of Elon Musk, I don't see any reason for the price to surge like this one.  But well this is crypto and everything is almost possible.  I even see an abandoned shitcoin being pumped hard.
copper member
Activity: 966
Merit: 14
May 08, 2021, 01:20:19 PM
#28
Most times I don't think insane prices can be removed or can be far from hype, that is, in other words hype gives rise to insane prices of cryptocurrencies; both goes hand in hand and also, the insane prices witnessed on a particular crypto is dependent on how big and massive the hype is.
It is true that looking at Dogecoin, it all started as a joke, no one saw anything good in it other than to have fun, but today it is sitting comfortably on the third position after flipping a lot of good and trusted coins, and even challenging Binance Coin as it seems, all these doesn't look sane but who cares, many people are just after the money.
Also, asking when Dogecoin hype will fade, I don't think anyone can answer that question correctly because the more it looks as if it's fading, the more it keeps pushing higher, at this juncture, it's either you overlook it and focus on other coins or you just take the risk with whatever you can afford to lose and buy. But in my opinion, as Doge has reached this height, falling badly might be far from it, and if any platform or organisation whatsoever tries to adopt it for whatsoever reason (none that I know of currently), then that will show another around of long term growth.
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █
May 08, 2021, 01:14:25 PM
#27
Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin
The reason is that life needs fun and entertainment.  It is fully satisfied by Doge.  Satisfy your needs in all spaces and circumstances.  Doge will soon surpass $ 1, the entertainment demand for the Covid-19 era is enormous, plus a huge worldwide community will join hands.  Elon's goal is to put Doge upright, and I think he will show his strength.  He is a person who respects the community.  Why Doge will keep going, Doge is supported with approximately 2000 ATH stations across more than 45 states in the US.  Cash flow in America is huge and they love Doge! Grin
legendary
Activity: 2198
Merit: 1663
May 08, 2021, 01:13:40 PM
#26
For months, Musk has been pushing the Dogecoin course with tweets. The Tesla boss is obviously well aware of his role - he advertised his appearance at SNL on Twitter as "The Dogefather", alluding to the legendary Mafia film "The Godfather". For years, hardly anyone outside of the crypto scene knew the digital currency. It has now reached a market capitalization of around 80 billion dollars, which is almost the stock market value of the largest US automaker General Motors. I think some will be disappointed when dodge drops. It is remarkable how it has developed, but the hype is what makes doge valuable.
member
Activity: 182
Merit: 14
May 08, 2021, 01:01:13 PM
#25
Wondering why no one is thinking about bear market 😂, a meme coin doing so big in crypto space without solving any issue is crazy enough, I pity those who doesn't have a plan for what's coming because once bear attacks begin dogecoin will be one of the most dipping shit of a coin
full member
Activity: 1258
Merit: 104
May 08, 2021, 12:57:42 PM
#24
The increase in DOGE coins is indeed very large for a meme coin, but seeing that an altcoin that was only used as a joke can have a very high value,

which can be interpreted as cryptocurrency even though it is just a joke coin if it has a strong community it will definitely be could raise an altcoin

that has a low selling value.
Yes, Dogecoin does have a community, but make no mistake that everything that has happened to Dogecoin now is not only influenced by the community but also influenced by Elon Musk because he has been trusted by many dicrypto people who like Dogecoin.
sr. member
Activity: 532
Merit: 250
May 08, 2021, 12:56:22 PM
#23
Dogecoin, the cryptocurrency that was meant to be a joke has finally crossed the $0.10 mark. It came to an ATH of $0.25 per coin a while ago. It seems that the hype is still surrounding the cryptocurrency, as Elon Musk continues to "shill" it across social media platforms. Who'd knew that a hyper-inflated cryptocurrency would be worth so much money? People are blindly investing into something that's meant to be worthless in the long run. Instead of doing their own research about the coin, they simply invest based on hype. Who knows how far the "meme" cryptocurrency will pump in this wild and crazy world of crypto?

Do you think Dogecoin's current prices are insane? If not, why? Will Dogecoin last after the hype fades away? Is it a good time to buy more DOGE? Or should you wait until the dust settles? Your input will be greatly appreciated. Thanks in advance. Smiley
I think this is a really bad time for you to buy Dogecoin. But it all depends on your analysis and your confidence in seeing market developments. The current price of Dogecoin is an insane price. because there are many investors who invest large capital there for the long term. This is what causes the price of Dogecoin to be very high.
legendary
Activity: 2282
Merit: 1023
May 08, 2021, 12:46:14 PM
#22
The increase in DOGE coins is indeed very large for a meme coin, but seeing that an altcoin that was only used as a joke can have a very high value,
It was created as a meme coin and there is no hiding about it unlike other thousands of coins that are in the market which are created just to make money for the developers and we know how much these coins have rallied and even though i never expected a bull run like this in Doge, i know it is a much better coin in terms of transaction speed than any other coin in the market and i used to use them to gamble, but after the rally i am not gambling like i used to because the risk of loosing is much higher and i am not having fun like i used to because of the increased valuation.
legendary
Activity: 2730
Merit: 1288
May 08, 2021, 12:44:25 PM
#21
Doge will definitely try to make a flippering.  Its price only need to increase 5 more times and value of Bitcoin halve and we are at the flippering. Doge is widely accessible. Peopel can buy it on many ATMs and on many exchanges.  First $1 Doge, then flippering, then $10 Doge.
member
Activity: 355
Merit: 10
A p e S w a p ///$BANANA Farms
May 08, 2021, 12:37:26 PM
#20
The increase in DOGE coins is indeed very large for a meme coin, but seeing that an altcoin that was only used as a joke can have a very high value,

which can be interpreted as cryptocurrency even though it is just a joke coin if it has a strong community it will definitely be could raise an altcoin

that has a low selling value.
sr. member
Activity: 1148
Merit: 432
May 08, 2021, 12:34:48 PM
#19
This is really crazy at the beginning I know Dogecoin only has a price of $ 0.0028, now Dogecoin can reach a price of $ 0.7. It is truly extraordinary that Dogecoin can pump up to this size, with a price of this size investors have already made a big profit. but I believe Dogecoin can still pump more than this and will be crazy in the future. but for now for beginner investors the price is fairly high, and my advice for investors is not to be tempted by the current coin price and keep the coin in the future.
member
Activity: 812
Merit: 10
May 08, 2021, 11:15:27 AM
#18
The supply is 129 billion, which is a lot of dogecoins in circulation, but as long as it's viable and it keeps expanding, it should be fine.
There will be more rich citizens who trade in Dogecoin, but newcomers will find it difficult to keep up. Dogecoin was out of control, dude. If it is a bad or decent time to invest in doge is entirely dependent on your analysis. 
member
Activity: 97
Merit: 10
ETHEREUM BULLISH
April 21, 2021, 03:08:24 PM
#17
I'm really obervative about this coin i owned 5 years ago because it was fun. i had a loooot of these, and it was worthless.  Undecided i ended up selling it for real coins, and never expected the fame coul go so high about a little doggy. I'm now 100% sure this market is pure speculation and manipulation and this is a tulip ponzi coming on all people jumping in now.
I woul say a good price for doge is 0.1 cent and i wouldn't even buy it excpet to send a few to some friends for fun maybe. no more, and not holding it.
Be careful of crypto traps
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