I am now very confident to declare to you all that dogecoin will not be able to get rona dollar worth in orice before the end of this year 2021. This price has since been very funny In gaining value for too long a time now
Dodecoin can hit to that amount because nobody can actually predict the price of all this coins, but we all believe that one day that it will increase to that amount.
I don't think dogecoin witll become $1 by the end of the year unless few whales like Elon Musk start investing billions of dollars on this coin. Despite all the hype dogecoin has lost a lot of market value.
The coin has a lot of potential to actually rise beyound what most persons might project it to be.recently it grew over 100% of its original value and that was a great one.But to acheive that its mining needs to be curtailed to creat some scarcity.
I have predicted a $1 mark at the end of the year and it's a very promising coin . It enjoyed the backing of Elon musk and it also enjoyed the backings of couple well known figure in the crypto space. Attaining the $1 target is very easy to achieve based on fundermental analysis.
It's seems Elon musk is not really interested in dogecoin anymore because it has been a long time ever since he tweeted about the coin, And from the current price , it will be impossible for the coin to be up to $1 US this year and if Elon musk is not ready to push it up, the $1 prediction may not even be possible next year.
if you really want to make money or cryptocurrency you must try as much as possible to avoid this kind of situations because they are all hype. most of the hyped cryptocurrencies does not actually reach the price.
At the current rate, I really doubt if Dogecoin would reach the value of $1, even if Musk promotes it. It will take a long time for Doge to reach that value and gain momemntum.