🐞 Dogecoin Will hit $1? - page 5.

maydna

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Quote from: btc2doge on February 22, 2023, 11:49:41 AM

Dump $doge ？ Cool

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

It is difficult to see Dogecoin reach $1, although it is not impossible. Yes, we need Elon Musk to tweet about Dogecoin for the price to reach $1 Grin

But if Dogecoin does reach $1, I think it's only because of the pumping from a group of people trying to prove that Dogecoin can reach $1. And be careful for those who see the price of Dogecoin starting to increase because it could be a trap. After all, most of them will start buying when the price increases.

Dickiy

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I may need to say why you are so hallucinating about Doge and say that Doge will be $ 1 when the meme coin has melted and the hype again no one cares about and memecoin is just made for fun without anything special in it, yes maybe the biggest influence for doge is Elon Musk but will it happen the second time in the current cycle considering that Elon himself is no longer the richest person in the world today, I think Elon's pearl of wisdom will no longer have an effect like the previous cycle we have to really realize this if we don't want our money to be eaten by them.

Jackl87

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Quote from: btc2doge on February 22, 2023, 11:49:41 AM

Dump $doge ？ Cool

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

BTC would only require to do around a x4,2 from it's current price to be at 100.000 $ per coin. At the same time Dogecoin would need to do a x12,5 to reach the price of 1$. Even though that is like 3 times the price increase that Bitcoin would need to make to reach your prediction i think that this would still be possible because if you look in the past then it is obvious, that altcoins in general are pumping and dumping way harder than Bitcoin during a bull or a bear market.
For Dogecoin specifically i still don't think though that it will reach 1$ that easily it is just a meme-coin in the end and the first effects of the elon tweets are already gone and that first effect can only happen once obviously.

Silberman

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Quote from: btc2doge on February 24, 2023, 03:15:10 AM

at least $doge wont crash to zero like those shit tokens as it adopted the Proof of Work rather than the POS. POS is not a fully decentralized token at all. there is hidden risk for long term holding. for speculation, shit tokens is ok, but it need much luck or insider info. it is more like betting but with lower odds than betting.

But that is not really a reason why dogecoin could reach a price of one dollar per coin, look if you are enthusiast about dogecoin and its long term future that is one thing, but it is a completely different thing to think that it can reach such a high price, for that to happen it would have to surpass the market cap of USDT and this does not seems likely even if we were in a bull run already, which we are not, so try to limit your expectations out of dogecoin or otherwise this could lead you to make grave mistake.

Dr.Osh

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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.

traderethereum

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Quote from: btc2doge on February 24, 2023, 03:15:10 AM

at least $doge wont crash to zero like those shit tokens as it adopted the Proof of Work rather than the POS. POS is not a fully decentralized token at all. there is hidden risk for long term holding. for speculation, shit tokens is ok, but it need much luck or insider info. it is more like betting but with lower odds than betting.

If it really comes true, I am sure there will be many people who will like it.
But unfortunately, we still have to wait to see whether it will really happen or only our imagination wants to see Dogecoin can reach $ 1.
But with the amount of Dogecoin circulating, it will not be easy to raise the price unless another tweet from Elon or other celebrities supports Dogecoin.
And as long as you can hold Dogecoin until you reach the price you want, you can still hope to see it later.

btc2doge

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at least $doge wont crash to zero like those shit tokens as it adopted the Proof of Work rather than the POS. POS is not a fully decentralized token at all. there is hidden risk for long term holding. for speculation, shit tokens is ok, but it need much luck or insider info. it is more like betting but with lower odds than betting.

Hispo

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Quote from: Baofeng on February 22, 2023, 07:21:31 PM

Why Doge though? what will be the reason that crypto investors are going to pour their money on a meme coin?

Because there are people who actually like it as asset and they count on its popularity to continue to raise, so they can realize profit in the future.
Besides, in my humble opinion, even though Dogecoin is a memecoin, has already accomplished much more than the average shitcoin in the market that wants to be taken seriously and yet fails miserably.

Whether we like it or not, Doge as a decent liquidity, exchange support, and huge community interested both ironically and unironically on it.

wheelz1200

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Quote from: btc2doge on February 22, 2023, 11:49:41 AM

When i open my twitter, there are tons of new feed on doge. Many people is promoting and posting. however, the price of doge is under $1. i think the main reason is that most of them did not even understand the definition of Currency and the Most basic function of a currency:
1.store value
2.medium of exchange.

BTC is capped @ 20million. thus BTC can serve as a medium to store value🔥, while Doge with a inflation rate each year. the bigger quantity is suitable for daily transaction and daily use⚡. currently, the basic fee is only 0.01 doge/kb, the speed improved very much. but the price still near $0.1 recently. not even mention those $1, $8 claims. just a dream.

To make doge break $1 or $8. the only way is to promote it to be adopted by stores worldwide. Just use it!. this is the only intrinsic value of doge. tipping is a past as every doge make sense.

if you have chance go to China. you will be surprised that everyone use Alipay/Wechat to pay everything. buy food, car, apartment etc. about 10 years ago, 90%😲 of Chinese mainly use bank card, POS to pay big and cash for daily life. now, 95%+👀 Chinese people only take a phone to do everything. this is adoption.

If i was the owner of the top 1 holder with about 30 billion doge. I would spend/spread 5-10 billion doge to promote it worldwide for adoption. it is easy to make 100x return and the price of doge will be more stable. This is the only way to make doge valuable. otherwise, it has no other competitive advantages. then your 30 billion only is a number and hard for you to cash out at a Good price.

IF doge wanna break $1 or $10, the wide adoption is the only way. posting on twitter is foolish.

without wide adoption, it will never hit $8, even hard for $1 in a short time. it is only a picture.

if you doge wanna break $1 or hit $10 in reasonable time
then do,

Quote

1. To promote doge to be adopted worldwide > posting twitter
2. The big boss need take action to promote (donate Big to charity, college, contest, etc) if not, many other tokens will dillute the market making your ~30billion doge @ lower value😨.

different ideas welcomed 😉

Top holders aren't going to just donate it out, those people will only tend to sell off it anyway lowering the price. It isn't going up because anyone who was dumb enough to buy and hold doge has done so already, smart folks already got rid of it. Demand can never outpace endless supply so inevitably it will continue to go down in value over the long term just like fiat.

Moneyprism

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what do you expect from meme coin? Doge coin was created from scratch just for fun and does not have any potential to make it a good coin for long term investment .. it is very related to the pump that is carried out by Elon and it will be very difficult for this coin to touch 1 USD

Questat

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Dogecoin is not valuable enough to hit that price even though Elon Musk got pushed again. It was done, and we can hear full support on Twitter but this is not enough to move Doge to the highest level when the demand is still low. Kinda be needing a miracle to make it possible but I really don't think it works because it can't slip into the mind of the people that Dogecoin is a meme coin.
Why should I invest this in the first place knowing that my chance to earn a profit is very slim. It is better to keep the price of this coin at its current price.

LogitechMouse

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WE NEED ELON MUSK!!!!!!
We need him so that we see DOGE's price hit a dollar.

Kidding aside, his support, continues tweets on Twitter a few years ago is the main reason why DOGE has hit an ATH at that time and after that, it's a series of downtrend movement only.

DOGE is an inflationary coin that has no significant use-case at all. Ethereum is an inflationary coin, but it is a smart contract platform that's why many are using it. DOGE on the other hand, has no use case aside from it being a tipping coin. Now will DOGE hit a dollar? Possible, but what are the chances of it? Very low knowing that it's supply is unlimited with limited to no use-case at all, I doubt that it will reach a dollar.

Why DOGE OP? Isn't it because of your username? Are you at a loss right now holding DOGE?

Baofeng

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Why Doge though? what will be the reason that crypto investors are going to pour their money on a meme coin?

So for me it's doesn't make sense, I guess the hype is still around still in this cycle because Elon Musk create it. But as soon as he left Doge, everything crumble down and so is the price.

And for the manipulation that the OP describe, it's not that easy as it sounds. And it's better if Doge will grow naturally, instead of this manipulation and artificial inflation. If it hits $1 on the next bull run then good, if not then we know that it's just a hype and meme coins.

shinratensei_

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it's simply has too much supply meanwhile the ones that hold this coin for long like those veteran doge holders are just waiting the time to dump their holdings to oblivion.
moreover just simply reaching $1 could already shake the world mainly because its market capitalization gonna be so big it overtake bitcoin several times and if you think there's capital for that you might be mistaken.
every rally needs capital and it seems doge finally lacking that, elon isn't shilling for it anymore and it seems meme coin trend is getting weaker maybe $1 will only be just a dream. an unrealistic ones at that.
better invest in something that have realistic use case instead i'd say, never go wrong with that project usually.

judeafante

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The only reason why Doge gets huge attention is that Elon Musk and those who are into pump and dump just used Dogecoin to make a lot of profit, if Elon stops mentioning Doge coin anymore it will go back to its old price and will struggle in the market again.
There are a lot of great projects with innovation I don't mean to downplay Dogecoin's role in the Crypto industry but it's useless to talk about the price and how it will reach it if we are going to engage in just creating hype around it.

Oceat

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And we all know who can benefit it first if that ever happens. Undecided

He took advantage already of the BTC when it was in the bull run and then switched to meme coin that he took advantage also if you aren't aware of this. And I think that's the very reason why it won't reached the value you are expecting. I would rather promote Bitcoin for adoption rather than promoting some shit coins that someone has control on it.

Johnyz

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I understand the eagerness to hit that price but with DOGE, I don’t think its possible.
There’s a lot of things that you should consider, and by just looking at its total supply you’ll see already the probability to hit the price of $1 is very low to no chance at all. There’s always a hype with DOGE online but its not enough to pump a meme token like this. You can trade with DOGE but don’t expect that it will hit the price of $1 because you’ll just wasting your time waiting for that moment.

jossiel

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Quote from: btc2doge on February 22, 2023, 11:49:41 AM

IF doge wanna break $1 or $10, the wide adoption is the only way. posting on twitter is foolish.

without wide adoption, it will never hit $8, even hard for $1 in a short time. it is only a picture.

132-B in supply.

And if someone thinks that it should go by $1 then it has to be par with the market cap of it. The current market cap is $11B so you do all the division and calculate how much it's needing for it to think of reaching $1.

$10 is a crazy speculation and thinking, although this is a wild ride in the crypto market but I don't want people to have that hope because it's very unlikely to see it come.

Natalim

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Because it is certainly impossible for a meme coin with a huge market supply. Does Dogecoin is really valuable that we think is worth that? No, Dogecoin doesn't deserve it, not only because it is a meme coin but also because it was not useful in the market like BTC and ETH. Besides, it only becomes popular because of Elon Musk which it drags people to invest and make it hype for a very short period of time. And look at it now, it is only $0.08 and even reaching $0.1 is quite not easy.

rhomelmabini

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It's a dream for some but it's likely a hopeless one this time until we get there, I'm not saying it's not possible but there's too many possibilities. Who knows Elon who could drive the currency to move the price will suddenly announce it will be used on his one or two companies e.g., twitter, tesla, spaceX etc.

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