Doge Coin and a $1.00 Goal by year's end.

[Joshua Farrell]

Do you think that with the push Elon Musk has been doing to encourage purchasing of the Doge Coin, that it might actually hit $1.00 USD in price by the end of the year?

 

[Mahnoor]

Dogecoin (DOGE) is a fairly unique cryptocurrency. While the creators of other cryptocurrencies and payment systems try to surprise and attract potential users with certain technological moves and innovative solutions, Dogecoin gained popularity in a completely different way. The developers used an image of a Japanese Shiba Inu dog as Dogecoin's symbol, a meme that flooded the Internet.

 

[Royalty]

It is a good sign that the coin is used as an alternative to the official fiat currencies of these countries for monetary exchange between regular people.
Recently, Dogecoin’s price went up by 100%.

 

[Klismannm12]

Dutch coin has a Bailey's potential it will go a long way in making investors 100% litre at the moment it is doing good he just went from 0 to 100% in a few days and with the people who are pushing it along the line that can be surprised so many persons who are into the cryptocurrency world

 

[Taimoor Jutt]

Yes it will hit to $1 in the end . if some of us invest in it for that time it will increase more that 10 times than now. So it attracts a lot of investors like beginners also.
I invested in it my all $48 dollars and will invest in it at later also.
I agree with you.

 

[BrolySSJ]

Do you think that with the push Elon Musk has been doing to encourage purchasing of the Doge Coin, that it might actually hit $1.00 USD in price by the end of the year?

To be honest, from my point of view I think that a $1 price for dogecoin might be a bit of a stretch by the end of the year. I certainly think that the push that Elon Musk has provided to the coin is one that will take it far and that will have great influenced on the future of dogceoin, however, I believe that the coin won't exceed anything more than 50 cents. The reason that I say this is because dogecoin is one of the few coins with unlimited supply and there is no halving event at all. So people can continue to mine it without an increase in difficulty. This will, at the end of the day, result in the supply slowly starting to exceed any increase in demand that will be caused by influential people such as Elon Musk, stunting the growth in value of the coin. What is your opinion on the future of dogecoin @Joshua Farrell ?

 

[Ltherman]

To be honest, from my point of view I think that a $1 price for dogecoin might be a bit of a stretch by the end of the year. I certainly think that the push that Elon Musk has provided to the coin is one that will take it far and that will have great influenced on the future of dogceoin, however, I believe that the coin won't exceed anything more than 50 cents. The reason that I say this is because dogecoin is one of the few coins with unlimited supply and there is no halving event at all. So people can continue to mine it without an increase in difficulty. This will, at the end of the day, result in the supply slowly starting to exceed any increase in demand that will be caused by influential people such as Elon Musk, stunting the growth in value of the coin. What is your opinion on the future of dogecoin @Joshua Farrell ?

This was exactly my point, there is no end in sight for the supply of the coin which means miners will keep mining which inadvertently is minting money. The unlimited supply is the only undoing of the coin. Having billions in circulation definitely hurts its value despite who maybe backing the coin.

 

[BrolySSJ]

This was exactly my point, there is no end in sight for the supply of the coin which means miners will keep mining which inadvertently is minting money. The unlimited supply is the only undoing of the coin. Having billions in circulation definitely hurts its value despite who maybe backing the coin.

Perhaps seeing the way that the coin is going and the possibility for a future that is may have that they could introduce a cap on the supply of the coin or anything of that nature that can help the coin along. Otherwise, those that continue to mine it will continue to destroy the possibility for the coin as well. Another way to help its value is to stop mining of the dogecoin altogether. This will ensure that what is in circulation is all that there is. And this could help the price.

 

[Kamon c4]

Dogecoin is still far from hitting $1 mark by the end of this year. Currently its price sits at $0.074 per coin. Elon musk has been creating so much awareness about the coin and he even invested in dogecoin. Hopefully it hits $1 by the end of this year

 

[Ltherman]

Dogecoin is still far from hitting $1 mark by the end of this year. Currently its price sits at $0.074 per coin. Elon musk has been creating so much awareness about the coin and he even invested in dogecoin. Hopefully it hits $1 by the end of this year

Am even of the opinion that another big annoucement may be made about dogecoin by hisncorporation. Probably adding dogecoin to the pool of cryptocurrencu Tesla will possoble be accepting as means of payment for their products. But the possibikity of that is slim when considering the intricacies of the coin itself.

 

[Sheyemanu]

Concerning your question on whether dogecoin will hit the $1mark by the end of the year, I think it will as with other cryptocurrencies too. Dogecoin is still far from hitting $1 mark by the end of this year. Currently its price sits at $0.074 per coin. Elon musk has been creating so much awareness about the coin and he even invested in dogecoin. We all hope it does it the mark though

 

[Ltherman]

Dogecoin doing the $1 mark will mean so much to its community. Fundamental analysis really has to be undertaken with the coin to ascertain its long term future. I prefer going in on other coins than with dogecoin.
Does anyone have a document on the coin something that can explain the project, team and partners.

 

[Erik4150]

It looks very possible that dogecoin will hit $1 by the end of the year. Elon Musk has really done well for the coin. His influence as one of the richest men in the world is rubbing off on dogecoin and the coin has great potential. I see no reason why it won't hit $1.

 

[Dowenship]

Do you think that with the push Elon Musk has been doing to encourage purchasing of the Doge Coin, that it might actually hit $1.00 USD in price by the end of the year?

I still don't think it will hit $1 usd because since the push he as been pushing till now its yet to hit 90 cent but before the year runs out if at all it hit $1 then its beyond the help of elon musk, it must have been pumped to reach $1.0 usd

 

[Ehizzy1]

But currently i think the impact of elon musk tweet is not reflecting on the coin unlike before that it grows faster after he have tweeted a positive thing about the coin,i just hope it bounce back and continues to increase to a very good amount i think ,because the coin looks promising for me

 

[ahmedo24]

I need to go to a point where Elon Musk tweet about doge coin it will not freak people to rush and Invest in it anymore there must be a serious driving factor for the surge in the price of dogecoin instead of Just tweet strategy to boost the coin value.

 

[Mawome]

Yes I think that what is happening now is actually leading to the increase of dogecoin coin by year end, if you notice you will find out that the coin increased some months ago, so I tell you it's something that is interesting many people especially those that have the coin, I can't wait for the increase,

 

[Nomad]

I don't think doge has to wait until the end of 2021 to become $1. Currently, it is priced 40 cents and I can see it becoming $1 just in a month or two. Iy is going strong.

 

[Damscooguns73]

Concerning Doge coin and a $1.00 goal by year's end. Well, I see Doge coin has a crypto currency coin that has the potential of hitting the $1.00 goal by year's end, the coin made over a 100% rise in it value of recent, that is to show that there is more to the Doge coin. The involvement and investment of one of the richest man in the world(Elon Musk) is also making the coin have a ground in the crypto world

 

[Nomad]

Maybe we are little amateur when it comes to predict doge coin price. A couple of days ago, dgecoin was 41 cents and I hand an impression that soon doge will become $1, but now the price has fallen and the road to $1 is too far