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Can Dogecoin actually live up to the expectations?

  • Thread starter Thread starter Ellozyy
  • Start date Start date
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 Dogethereum (a bridge between dogecoin and ether chains), the project which has a lot of potentials to grow. Dogecoin aims to become the default crypto for merchant payments in this year itself, which will eventually lead to greater gains. After the live demo of Dogethereum, the adoption rate of DOGE has increased.

Currently, Dogecoin (DOGE) is trading at $0.07378 with DOGE price 0.44% up today. The market cap of Dogecoin is USD 9,460,129,213 with 128,331,548,882 DOGE circulating currently. The 24-hour price movement chart indicates that $6,005,144,220 worth of DOGE were trading.
 
Ellozyy said:
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.
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the coin is still doing very well even up till this moment. Dogecoin is such a coin with great potential that anyone who buys it can never regret doing so
 
Dogecoin is expected to maintain its momentum and reach the $1 mark by the end of 2021. This is due to its ever-expanding user base. Dogecoin's all-time high price is $0.017491, which it hit in January of this year. Since its inception in 2013, it has grown by nearly 1,442 percent.
 
Ever since the Elon Musk tweet, the dead doge coin woke up again and start doing wonders. The daily increment in its price and the way it is being pumped has shown that it is a future coin.
 
Dogecoin is the coin i believe can attain a high position in future ,the increase in dogecoin mightvmove forward just like bitcoin , let's watch out
 
Doge coin is more of a pump and dump crypto currency. The price never stays up for long. I don't think it's a good option for people with short term view.
 
I am still skeptic about dogecoin. It reached 41 cents and the again dropped to 31 cents. When it reached 41 cents, I though it will continue to rise and soon become $1
 
For now one cannot say dogecoin will live up to expectations as the time is to early to say so. Dogecoin is in it early stage of acceptance by people, today it will rise once Elon Musk tweet about it after some days it will fall. I think dogecoin currently ride on the influence of Elon Musk. What will happen to the project if anything happens to him or if he stop supporting dogecoin tomorrow.
 
The Dogecoin has a very great potential as a cryptocurrency that is in the rising star at the moment. It has taken a long time to maintain a small spot increment but will certainly rise as we are seeing it doing now
 
Doge coins have witnessed the increment of its life after the Elon Musk tweet and since then though it fluctuates a lot but it never drips so low to the points it was before Elon Musk tweet.
 
Dogecoin is climbing, who knows what the future holds for the coin. The today i checked it, it was around $0.32 per token. Just barely three months it surged to such high price tag. Previously peaked at $0.05 per token last 2 months.
 
Ralphjoe said:
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.
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Dogecion I believe can live up to the expectation, since elon musk invested and bought a large sum of dogecoin, it has risen and to the amazement of people going high.
 
We just need to be patient. Dogecoin would live and surpass expectations. It's only a matter of time. Remember that how ethereum started.
 
Concerning if the crypto currency coin Doge can actually live up to people's expectations. Well, I believe so that the coin can live up to people's expectations, we all know that Elon Musk is a big whale to the coin and his tweets about the coin made a bullish up trend for the coin. People would want to demand for the coin and the more the demand, the higher the price
 
I'm scared of the Dogecoin market because once the value hits 1 dollars, a lot of persons will be selling off their coin and this will not be good for the market.
 
Damscooguns73 said:
Concerning if the crypto currency coin Doge can actually live up to people's expectations. Well, I believe so that the coin can live up to people's expectations, we all know that Elon Musk is a big whale to the coin and his tweets about the coin made a bullish up trend for the coin. People would want to demand for the coin and the more the demand, the higher the price
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For now dogecoin is living up to expectation because of the popularity of the investor (elon musk) and snoop Dog changing his name to Doge, and I believe soon , it will hit $1 landmark
 
With the rate at which dogecoin continues to soar high in the past weeks without serious drop in markets price and the supports and promotion it receives from an influential personality like Elon Musk, the future of dogecoin is very bright and promising.
 
Nobody can tell, we all invest in it and just hope on better days and outcomes.
Things like this can come with risks of investments, but fear of loss should be the last in our minds at the moment, because we sure are not losing
 
Dogecoin is worth investing in, it has been on the rise ever since this post was made, only that it fell recently by some percentage which all other digital currency did.
 
No coin will remain the way they are going bullish forever, they must be a time when they will begin to trend bearish too. It is normal with cryptocurrencies that way
 
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