Will dogecoin drop to $0.2 again? - page 19.

ene1980

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Quote from: freedomgo on May 10, 2021, 08:11:31 AM

The bull run is still here, so the hype is still here.

However, I think DOGE has achieved a lot this year makes it overvalued, so even if it will still rise and reach $1, I still think it will drop 0.2 USD or even lower. DOGE and other altcoins with no real fundamentals will not grow in bear season, and we should expect that.

We could say that the price of Doge over achieved in the last few months and anyone holding the coins made a huge profit. If not for the negative comments which turned the market to negative we could have seen the price closing in to the dollar mark. When the bear market will play their part then the entire market will go down irrespective of the fundamentals.

freedomgo

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The bull run is still here, so the hype is still here.

However, I think DOGE has achieved a lot this year makes it overvalued, so even if it will still rise and reach $1, I still think it will drop 0.2 USD or even lower. DOGE and other altcoins with no real fundamentals will not grow in bear season, and we should expect that.

BuNga_cute

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Quote from: ?? on ??

For now Dogecoin is difficult to drop to the price of $0.2 let alone in the previous day dogekoin has reached $ 0.8, although at this time of decline again occurs but to drop back to the price of $ 0.2 will not happen anytime soon, so to invest in the coin I think it is very suitable because this year doge coin will reach a new ATH let alone the coin is fully supported by a very influential person, Elon Musk.

With the support of Elon Musk making Dogecoin a profitable altcoins for HODL this year. Even surprisingly Dogecoin is now in the top 4
cryptocurrencies, this makes Dogecoin unlikely to drop to $ 0.2 in the near future. So buying Dogecoin at the current price is safe,
because if we look at the previous two days ago Dogecoin managed to go up to the price of $ 0.7. I believe that in a few days Dogecoin
will rise again. Moreover, the price of Bitcoin has started to rise. Usually followed by an increase in altcoins, So it's possible that Dogecoin
could return to the ATH price and will continue to rise until the end of the year reaching a price of $ 1.

speedforce

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I think so, the hype of Joke coin move to Shiba at the moment.
Also as long as the people who trapped at peak price shout out, the more hesitate of another investor to come.

Amejoaquim

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So i guess you waiting to buy more doge if the price drop into 0.2$, it can be happen if the big market correction happen.

But, i don't think it will happen in this Quarter especially after tweet elon in this morning.

HaekalZ

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nothing is impossible in the cryptospace, but for now, i think doge will stay in $0,4+ for a quite long time,
until elon musk do something about it.
as long as elon musk still quiet, i think the price of dogecoin will become quiet for now.

johnwest

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The speculation around Doge is really harsh, that's because the coin doesn't have any purpose of its own. It's a meme coin and pumping or dumping will not happen for a reason. So it can always go back to its previous price at any time without any hint. People buying Doge should know this. It's not like there is any guarantee that it will regain back if it gets dumped hard. Because there is no team or development related to this coin.

Pamadar

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Quote from: go4crypto on May 09, 2021, 04:57:03 PM

DOGE coin has had a big run up so a good sized correction cannot be ruled out. However, its popularity is going to remain high so my guess is that it should bottom out between $0.2 to $0.3 if it goes that low.

We don't know how low Doge can go, we are inside crypto and everything may happened along the way.

If there's a much strong pressure to pull it down, the value may triggered that prediction or even more lower than that, but currently after hitting $.427 now it's moving back and playing around $.56, good to those who continue to buy when the value dropped and now enjoying that decent amount of profits if they are just scalping.

inanilujimi

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Of course $ 0.2 is a very good price to buy back, but unfortunately because Father Doge Elonmask has been inactive for a few days tweeting people will sell him?
I think the doge is now very strong so $ 0.2 will be difficult. Maybe many people's hopes of $ 1 will be reached soon.

lablab03

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Quote from: LittlePrinceCat on May 09, 2021, 07:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

if you're a holder and worrying if it has a possibility to drop more because the situation then i suggest to do what is the best thing to do, what i mean if you already have good profits from it then leave while its not yet getting worse coz the percentage of dogecoin seems showing there will be more decline soon..actually if you will look the graph through trading it likes nothing and still positive.. But if you will base in months looks not safe at all. So better to make a decision while you're still have the opportunity bro.

Zemomtum

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There is not any reason for DOGEcoin to attain such a price, no development activities, fewer use cases, no constructive roadmap, all just depend on one man's tweet and those who want to get rick quickly should watch out not to wait for years to get their initial commitment back

livingfree

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Quote from: LittlePrinceCat on May 09, 2021, 07:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Always think of any possibility, up and down.

Dogecoin is no exception to the market for being volatile and that's what being volatile means. It can drop as low as that price and even lower than that when most and the whales have started to dump a lot.

You secure your profit before that happens.

mrdeposit

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Activity: 1358

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Quote from: LittlePrinceCat on May 09, 2021, 07:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

There will be even more. The games have been played, the profit has been made, and now it is the time to continue in right direction.

Quote from: no-ice-please on May 09, 2021, 05:26:13 PM

It is possible that a sell off will happen soon for DOGE. However, the number one wallet is so gigantic that obviously someone with a lot of money seems to be behind DOGE.

I guess going down has started recently as the doge has lost considerable value already. Let's leave this gigantic wallet owner keep losing his money.

no-ice-please

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Quote from: newwest on May 09, 2021, 10:42:06 AM

Seeing some bleeding happening in doge but only thing how long will it last, pump will happen and in some or other way do expect some thing to come up from Elon about doge and will give the boost to coin. So just in a phase of accumulation on every 10% fall time to buy. Put a capital aside and accumulate on each drop.

It is possible that a sell off will happen soon for DOGE. However, the number one wallet is so gigantic that obviously someone with a lot of money seems to be behind DOGE.

go4crypto

sr. member

Activity: 798

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DOGE coin has had a big run up so a good sized correction cannot be ruled out. However, its popularity is going to remain high so my guess is that it should bottom out between $0.2 to $0.3 if it goes that low.

Oilacris

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Quote from: LittlePrinceCat on May 09, 2021, 07:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Possible lower that that...

If we do consider on how far Doge price had stretched out because of that Elon hype and shill then you can definitely say that we would really be possibly having some price correction atm.

When we do talk about possible drop price or bottom level then no one really knows on how far it will go.Thing here is that you should able at least make yourself out
before the market crashes.

Good thing i did make the right move since i had sell out when its still on its peak.Feel sorry for those who get caught on the dump.

Pierre 2

legendary

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It is very hard to guess Dogecoin's price movements under heavy speculation. But when you think with clear mind you will realize Dogecoin is really overpriced. It doesn't deserve to be 4th rank coin in the market. So 0.2 is fair price for it. I even think its still to high and Doge will drop furthermore to under top 10. This is my guess.

Ecol

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In my opinion, the population of dogecoin is now gone. People saw what a dangerous investment it was. They are aware of how much money the whales can lose them. So I hope they are aware of it.

tippytoes

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Quote from: Review Master on May 09, 2021, 02:28:56 PM

Quote from: LittlePrinceCat on May 09, 2021, 07:07:08 AM

Dogecoin is dropping. Will dogecoin drop to $0.2 again?

Buy the Rumor, Sell the News - whoever follow this , sure to be on profits. On the other hand, dogecoin is now pumping based on Elon Musk's event and spacex just retweet something which might pump dogecoin again. But it's upto others for taking the decision whether you want to buy it or not. But anyone should buy dogecoin for short term trading, not for long term hodlings.

Also take a look into this: https://www.prnewswire.com/news-releases/spacex-to-launch-doge-1-to-the-moon-301287016.html

This will be one of the reasons that Elon may keep on mentioning doge in social media. This is nice to know especially those who are holding doge up until now. These holders should keep up with his tweets or any social activity, because if they want to get profit, just sell it once it pumps again. As this is a very high risk investment, better get your profits while you can.

bitjoin

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The bleeding that happened to Dogecoin has caused a lot of speculation on this coin, moreover SNL Elon musk has ended so it makes Dogecoin price seem out of control. If this continues the price of Dogecoin will drop to $0.2, it could even be worse than you can imagine.

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