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Topic: 🐞 Dogecoin Will hit $1? - page 4. (Read 709 times)

full member
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February 27, 2023, 11:14:25 PM
#44
I think, it will be difficult for Dogecoin to hit $1 in this season because the price is too low for their investors to expect such increase in the market. Since many altcoins price are preparing to increase higher for those that invested in them, so that they will have something good to achieve that will give them hope to expect more improvement from altcoins price. I don't think, Bitcoin price will reach $100,000 in this year because the price is still between $23,000 and $24,000, that showed that it will be difficult for the price of Bitcoin to touch $100,000 before the end of this year 2023.
sr. member
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February 27, 2023, 08:33:09 PM
#43
If Elon Musk is involved, it will be very difficult to reach, of course, not impossible. A full coin flip has a half chance of this guess. Dogecoin has a standing army, just a spark can move a lot of people. A lot of my friends are dogecoin supporters and I know a few who keep it aside for $1. I'm not one of them, let me say that.
Elon Musk may have to get involved not only in making his tweets on Twitter, but he can also trigger an increase in the price of Doge on the exchange by setting aside a little money to buy and making the price go up. Because so far, if there is no such inducement, it will make it difficult for Doge to do price increases because there are no further developments that have attracted other investors to Doge.
I think those who are more addicted to meme coin will invest in Doge coin. Because Doge coin is a meme coin. But everyone is very hopeful about Doge coin thinking that the price of Doge coin may be close to 1$ one day but I  I think there is no possibility to go to 1$ in next 2 years. But if Bitcoin price goes to 60$k again then Doge coin price can go to 1$ few years.
hero member
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February 27, 2023, 07:22:04 AM
#42
Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10

Another thread of this topic?

Even when Doge was at its ATH in May 6, 2021 with the price $0.6528. It was just because of the hype of Elon Musk that could make that thing ever happened to the reality. I wouldn't surprise if Elon decides to not ever promote this Doge and promote another coin to create another hype train, I'd assume you have this kind of speculation because it was reached ATH before but if Elon didn't do it then this thread wouldn't ever exist in the first place.
newbie
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February 27, 2023, 05:20:00 AM
#41
I absolutely agree with your conclusion that Dogecoin's chances of hitting $1 are minimal. Dogecoin's excitement appears to be driven more by social media memes and celebrity endorsements than by any real-world use or value proposition. The distribution of the coin is also a source of worry, as a big portion is controlled by a tiny number of people, making it prone to manipulation. While Dogecoin did hit ATH a few years ago, it was fleeting and unsustainable. A meme-based cryptocurrency with no genuine purpose or innovation is difficult to envisage as having actual long-term worth.



quite a lot of people are expecting the price of dogecoin to reach $1 because the ATH is almost $1. however, I think the price of $1 for dogecoin is a very hard thing to come to terms with. however, the allocation of this coin alone is overwhelming. In fact, if the price of Dogecoin does reach $1, it may be due to the same manipulation as before and it won't last as long as Doge did reach ATH a few years ago.
hero member
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February 26, 2023, 06:45:12 PM
#40
If Elon Musk is involved, it will be very difficult to reach, of course, not impossible. A full coin flip has a half chance of this guess. Dogecoin has a standing army, just a spark can move a lot of people. A lot of my friends are dogecoin supporters and I know a few who keep it aside for $1. I'm not one of them, let me say that.
Elon Musk may have to get involved not only in making his tweets on Twitter, but he can also trigger an increase in the price of Doge on the exchange by setting aside a little money to buy and making the price go up. Because so far, if there is no such inducement, it will make it difficult for Doge to do price increases because there are no further developments that have attracted other investors to Doge.
legendary
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February 26, 2023, 06:22:42 PM
#39
If Elon Musk is involved, it will be very difficult to reach, of course, not impossible. A full coin flip has a half chance of this guess. Dogecoin has a standing army, just a spark can move a lot of people. A lot of my friends are dogecoin supporters and I know a few who keep it aside for $1. I'm not one of them, let me say that.

Most of your friends will surely not hold doge if not for Elon Musk. Musk is the only one keeping the community and the price of the coin intact, and once he decided to drop it (which I think he wouldn't for comedic purposes) then see every interest and every holder of the coin wanting to get out.

Most people are sheeps following the shepherd. They would blindly follow someone who 'leads' them even though they don't know what the hell is happening.
legendary
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February 26, 2023, 05:52:08 PM
#38
Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10

There's no correlation with Doge and Bitcoin's market price. Indeed the market price of cryptocurrencies are being influenced by the market price behavior of Bitcoin but it won't guarantee exact or even more, increase with one another. Also DOGE is a meme coin which means its market value is solely dependent with demand alone unlike with Butcoin which is a large chain and is being used in many projects and transactions. So to answer the question, right now it is impossible knowing how huge the decline on DOGE's market value since its last ATH.Unless there will be something to hype investors up towards this coin.
hero member
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February 26, 2023, 02:10:40 PM
#37
I can't find any reason why Doge will reach $1 when bitcoin gains price of $100K.
This is an altcoin whose price was built by the hype of Elon Musk so that the price will be dumped after several groups have made huge profits. If $1 for Doge was possible then I don't think people would be selling it at the current $0.08 - $0.09 on 21M coin.

Even after hit $0.73 in May 2021, Doge has only dumped almost 90% so far.
the rise in doge price way back was mainly owed to elon musk. now, if we haven't see any progress in terms of doge development, i don't think it can significantly rise up again. people are learning that the hype is just a short-lived promotion. after it dies down, the price goes down tremendously.
hype plus tangible developments can aid its increase in price. but without results, it won't sustain its market price.
Its price rise before but it was only due to manipulation and not because there is any development done by its devs. This is something that is not possible for the coin because at the first place, it was only created as a meme coin. We don't know what is running in the mind of Elon but if ever he decides to shill the coin again and then use doge on his Twitter and other business then maybe we can see this coin increase again.

I find it funny on why the OP uses a bug emoji when we all know that doge coin has a dog logo. Maybe he is only expecting for a bug to make his calls happened seems it's kind impossible for now especially that 10 dollar per doge.
legendary
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February 26, 2023, 11:04:13 AM
#36
If Elon Musk is involved, it will be very difficult to reach, of course, not impossible. A full coin flip has a half chance of this guess. Dogecoin has a standing army, just a spark can move a lot of people. A lot of my friends are dogecoin supporters and I know a few who keep it aside for $1. I'm not one of them, let me say that.
legendary
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February 26, 2023, 09:44:15 AM
#35
-snip-
the rise in doge price way back was mainly owed to elon musk. now, if we haven't see any progress in terms of doge development, i don't think it can significantly rise up again. people are learning that the hype is just a short-lived promotion. after it dies down, the price goes down tremendously.
hype plus tangible developments can aid its increase in price. but without results, it won't sustain its market price.
Exactly, like I said; Doge's massive price increases in the past are hype that will likely not be repeated in the future. It's hard to get to what fundamentals investors should expect in Doge in the long term other than just hoping Elon Musk will tweet Doge again gracing his Twitter page.

In any case, heavy losses on Doge can be expected just because Elon Musk withdraws his interest from the coin. In just short amount of time, the Doge would lose large portion of its value. But anyway, we can never guess the future especially when the development team really wants to make it even more advanced.
sr. member
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Merit: 292
February 26, 2023, 03:21:45 AM
#34
Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10


   -   What is your basis for what you said? You must have a basis on how to arrive at the dogecoin's value. Because if that's all you say, what you're saying is just gossip or speculation.

So no one cares if Dogecoin will reach that price value. And the only reason Doge's value rose is that Elon Musk campaigned for it. Maybe Doge's value might increase if Musk campaigns for it again.
hero member
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February 26, 2023, 12:39:22 AM
#33
Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10
I would say that it is nearly impossible, but I have seen it go up too much to think that it can't. However, to expect it to go up this much is definitely wrong way of approaching to investment. I highly suggest everyone to just invest according to what your investment provides and doge does nothing for you, it is just a meme and nothing more.

Bitcoin is a true cryptocurrency, the first one at that, whereas ETH proves the chain, and BNB is tied to biggest ever exchange and many others, doge has none of that, what does it do? Just make you money? Why not make money with others then, it is not really a feature. I suggest staying away from it, we definitely should.
hero member
Activity: 1918
Merit: 564
February 25, 2023, 06:18:43 PM
#32
Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10


Both have different market so thinking that the other market will cope up with the uptrend of the other one is somehow unfounded.  I really don't think Doge will hit $1 in a natural way unless it is pumped hard by some die hard pumpers of Doge.

Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10

Who said this?
Well, it seems like gambling when we are expecting too much on this. Actually, I really hope that Doge will rise up their price much better than previous bullish ones. But, I am also feeling bad about this and will not expect too high to reach $1. It seems to be very difficult.
Although many Doge lovers will say everything is possible, nothing is impossible, because Doge has experienced a very big increase at taht moment. But, we must think also that what kind of good news will lead Doge to reach $1.

I believe Doge is still overpriced at this moment, it may still increase in price but what I see in Doge Market is that it will crash hard once the pumpers hit their selling price target.
legendary
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February 25, 2023, 06:12:41 PM
#31
I can't find any reason why Doge will reach $1 when bitcoin gains price of $100K.
This is an altcoin whose price was built by the hype of Elon Musk so that the price will be dumped after several groups have made huge profits. If $1 for Doge was possible then I don't think people would be selling it at the current $0.08 - $0.09 on 21M coin.

Even after hit $0.73 in May 2021, Doge has only dumped almost 90% so far.

the rise in doge price way back was mainly owed to elon musk. now, if we haven't see any progress in terms of doge development, i don't think it can significantly rise up again. people are learning that the hype is just a short-lived promotion. after it dies down, the price goes down tremendously.
hype plus tangible developments can aid its increase in price. but without results, it won't sustain its market price.
legendary
Activity: 3276
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February 25, 2023, 06:10:03 PM
#30
i'm sure doge just gonna stuck, meme coin is remnant of the past, eventually some of them will lost its value, and doge could be one of them, the reason i say it could be mainly because doge is lacking in innovation.
it's unlike shiba where they could always make some innovation through smart contract since they are in EVM blockchain or in smart contract blockchain. i'd say shiba has better chance of increasing their value but doesn't mean doge couldn't it's just doge will require tremendous amount of masses following the trend like before when it was getting shilled by elon to increase its value and i'd say it will just eliminate one zero. reaching $1 is definitely harder feat to achieve than eliminating one zero and market capitalization would simply surpass bitcoin which I think not gonna be happening.
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February 25, 2023, 04:54:42 PM
#29
Dump $doge ? Cool

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10

Who said this?
Well, it seems like gambling when we are expecting too much on this. Actually, I really hope that Doge will rise up their price much better than previous bullish ones. But, I am also feeling bad about this and will not expect too high to reach $1. It seems to be very difficult.
Although many Doge lovers will say everything is possible, nothing is impossible, because Doge has experienced a very big increase at taht moment. But, we must think also that what kind of good news will lead Doge to reach $1.
sr. member
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February 25, 2023, 02:34:57 PM
#28
Just wait for another tweet from Musk and maybe it would go $1.5? Cheesy
But seriously nah, I would not count on it. There are even insane ones that are speculating other meme coins like Shiba reaching $1. Right now the best that the data can show is that $.7 is the ATH and that needs to be surpassed first before we can talk about $1.
Considering that it even went down with 1 decimal place, it has a long waaaay to go still.
If Elon Must want it then i also think it’s possible to hit 1$, because Doge last ATH was around 1$, so it’s not like that impossible thing. Shiba & Doge both of meme coins but Shiba is trillion token supply, on the other hand Doge total supply is billion, so Shiba will never hit 1$ but Doge can be hit 1$.
sr. member
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February 25, 2023, 01:34:42 PM
#27
Just wait for another tweet from Musk and maybe it would go $1.5? Cheesy
But seriously nah, I would not count on it. There are even insane ones that are speculating other meme coins like Shiba reaching $1. Right now the best that the data can show is that $.7 is the ATH and that needs to be surpassed first before we can talk about $1.
Considering that it even went down with 1 decimal place, it has a long waaaay to go still.
legendary
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February 25, 2023, 12:09:19 PM
#26
I can't find any reason why Doge will reach $1 when bitcoin gains price of $100K.
This is an altcoin whose price was built by the hype of Elon Musk so that the price will be dumped after several groups have made huge profits. If $1 for Doge was possible then I don't think people would be selling it at the current $0.08 - $0.09 on 21M coin.

Even after hit $0.73 in May 2021, Doge has only dumped almost 90% so far.
hero member
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February 25, 2023, 11:56:10 AM
#25
Dump $doge ? Cool[/colour]

BTC= $100,000, when Doge =$1
BTC= 1 million, Doge= $10

We await that day when this speculation will become a valid market price chart and going by the way things are right now we may have high probability of not having both coins on the same page in the long run because bitcoin could be sustainable but same can't be guarantee with dogecoin since it just a meme coin that is created basically for speculations.

-Dogecoin can't grow more than the ratio of its speculators e.g Elon musk is the coin's major fan, and we saw the limit of his support and the impact of that on the price of Dogecoin a few months back.
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