Can Dogecoin actually live up to the expectations?

[Ellozyy]

Hello, good afternoon friends. I have been having this question in mind. Considering the recent pump of doge coin which we all know that Elon musk recent tweets is actually the magic behind this consist price pump.. Before i also take my chances of investing in this coin, i would like to hear your different opinions on this. Do you think that dogecoin can keep up with the bullish trend? Or it is just a matter of time before it goes back to where it was?

Thank you all as you drop your various opinions regarding this.

 

[Deleted member 6735]

Elon has something up his sleeve or else he would not be promoting Doge. He's a very smart man and knows what he's doing. I am invested in Doge as well, and I'm in it for the long haul as the public continues the push to make Doge hit $1.

 

[Greatguy1]

The recent upsurge is driven by speculation from a tweet and this is not sustainable so expect the price to go back to where it began from. Swing traders will be able to make a little profit from it if the coin is very liquid to trade in the market.

 

[Deleted member 6735]

The recent pump to $0.08 was a nice jump, but if the public continues to see Musk supporting it and standing behind it as "The People's Currency", then I only see it continuing to surge. Price is all relating to supply and demand, but it's definitely going to be hard for Doge to become huge value due to how many coins there originally were and how many are created each block as well as the max capacity.

 

[Josemendez]

With the rate at which dogecoin is attracting investors to himself , I think it won't be long before it crosses $1 . At first we thought that dogecoin is a shit coin ,but with just a single tweet by Elon Musk , things has started changing with the coin . Am glad I had earlier invested in dogecoin before the present day bullish run .

 

[Ralphjoe]

Dogecoin can actually meet up to people's expectation especially now that they have the momentum. They just need to keep on moving forward till they actualize where they are supposed to be. I even see dogecoin surpassing whatever people have predicted the price to be in the future maybe simply because Mr Elon musk has invested on it and he is now promoting it or simply by the ingenuity of the coin.

 

[Ehizzy1]

What expectations do you want from the coin again because its really heading to $1 and it has been reaching its all time high for some weeks now ,so i believe in the price that it would continue to rise and if you invest now there is possibility of making more fortune at the end of the day i think ,so invest now

 

[Sheyemanu]

Yes I think dogecain can certainly live up to its expectation as a cryptocurrency. With elon musk's recent tweets on doge coin causing the rise in it, more people would like want to buy this cryptocurrency and according to the law of supply and demand it will surely rise in due time when there ia a lot of demand for the coin

 

[Jimmie150]

I don't think dogecoin can live up to the expectations on it for now. But in the future it might become a very stable coin and user friendly and by then a lot of people would have gotten hold of the coin in the market.

 

[BrolySSJ]

Hello, good afternoon friends. I have been having this question in mind. Considering the recent pump of doge coin which we all know that Elon musk recent tweets is actually the magic behind this consist price pump.. Before i also take my chances of investing in this coin, i would like to hear your different opinions on this. Do you think that dogecoin can keep up with the bullish trend? Or it is just a matter of time before it goes back to where it was?

Thank you all as you drop your various opinions regarding this.

I have been asking myself that same question recently and I still am not sure because that is what is going to determine whether I invest in the coin or not. I think that the coin can definitely increase In its value in the future and that there will be a high value that we see in this year, especially with influential people like elon musk backing it as well however I also think that to a large extent that there is likely going to be a dip in the price before that stage. A correction factor if you will. That will be a good time to invest.

 

[Suba]

The current price of Dogecoin is $ 0.04469, according to the Trend line Forecast the Dogecoin price will reach $ 0.0855 by the end of Dec 2021, so according to this method investing in Dogecoin is very good for the long term.

 

[Herzhan]

The recent pump to $0.08 was a nice jump, but if the public continues to see Musk supporting it and standing behind it as "The People's Currency", then I only see it continuing to surge. Price is all relating to supply and demand, but it's definitely going to be hard for Doge to become huge value due to how many coins there originally were and how many are created each block as well as the max capacity.

I believe Dogecoin will rise above expectations. It's a good coin I have kept with me since 2018. Am not surprised it rises suddenly, I believe it will rise more than it's current price. Doge is going far, believe. I love reading articles on Dogecoin because it gives me confident that it will increase again

 

[Niftyyem]

The total supply of dogecoin is quite large and that is why I am a bit skeptical about its continuous increase in price. We all know the way demand and supply works and how those factors do affect the market.

 

[Olahab]

Dogecoin is one of the trending cryptocurrencies, which is grabbing a critical spot in the crypto space. Dogecoin is a high value buy for 2020 as predicted by experts. But recently it is going through turmoil as there is a lack of Dogethereu

 

[Kayzzy3]

Hello, good afternoon friends. I have been having this question in mind. Considering the recent pump of doge coin which we all know that Elon musk recent tweets is actually the magic behind this consist price pump.. Before i also take my chances of investing in this coin, i would like to hear your different opinions on this. Do you think that dogecoin can keep up with the bullish trend? Or it is just a matter of time before it goes back to where it was?

Thank you all as you drop your various opinions regarding this.

Already Doge is making us proud, from a very insignificant position to a position where it is rubbing shoulders with the big names is the story of Dogecoin.

I wish I had more Dogecoin than I currently have and wish Elon Musk will tweet about Doge weekly.

 

[Shivay]

Hello, good afternoon friends. I have been having this question in mind. Considering the recent pump of doge coin which we all know that Elon musk recent tweets is actually the magic behind this consist price pump.. Before i also take my chances of investing in this coin, i would like to hear your different opinions on this. Do you think that dogecoin can keep up with the bullish trend? Or it is just a matter of time before it goes back to where it was?

Thank you all as you drop your various opinions regarding this.

I think that the world of Cryptocurrencies is really unpredictable and still the dogecoin is really low now and can go to even 0.5 - 1 $ anytime. So , i agreee with Elon musk and seriously it can make someone rich if he spends 100$ in dogecoin at this point .

 

[GoldenLady]

The recent pump to $0.08 was a nice jump, but if the public continues to see Musk supporting it and standing behind it as "The People's Currency", then I only see it continuing to surge. Price is all relating to supply and demand, but it's definitely going to be hard for Doge to become huge value due to how many coins there originally were and how many are created each block as well as the max capacity.

This is one critical flaw that dogecoin has. The supply is too much. This makes it less valuable, since people known it's always out there.

But as Elon predicted it can go into $1, but anything farther than that will be an interesting event I hope to see.

 

[Nurudeen]

Yes generally for me I think doge coin can really live to expectations because a lot of Investors are really looking into the coin and in recent days it has been going up but it's just sad that Investors are using the coin as a pump and dump coin at the moment but it has some prospect though

 

[Bookwormlux]

I do not think Doge coin would meet up to the expectations. It does not have a solid ground, it is just the Elon musk effect which would definitely not last long. I see some people buying lots of it, I just hope they are considering long term investment though.

 

[Chibson]

The rate at which a dogecoin is appreciating these days, i see at $1 very soon. The recent surge in price was driven by a tweet from Elon Musk. Many people are now buying doge coin and investing in it, this will definitely make the prices higher within some period of time.