Dogecoin is 40 cents, will it become $1 any time soon?

[Justin]

I don't think dogecoin will become $1 this year or even the next year. Dogecoin value is entirely depended on how Mr. Musk promotes the coin. It is not gaining value by its own but through manipuation.

 

[Ceeny007]

It's a market, the forces of demand and supply will determine if it will get to the $1 threshold but by December I speculate it could be more

 

[Shigobad2020]

Anything is possible in the issue of dogecoin hitting $1 or not , I believe I there's another heavy investor and influencer , the price of dogecoin might change anytime soon.

 

[Jhayms07]

Well for dogecoin,maybe not this year but definitely very soon because Bitcoin also started like this

 

[GoldenLady]

In January 1st, 2021, dogecoin was $0.004. However, by the end of January, the price per dogecoin was 1 cent. Just a week ago, doge coin was 7 cents, however, now it looks like doge is going to the moon. Dogecoin is 30 cents. When dogecoin was 70 cents back in May, a lo of people predicted that it will become $1 by the end of this year. Maybe it could had reached $1 if the crypto currency market had not crashed.

I believe it's a matter of time. The community behind doge and other shitcoins as they are called is sufficient to see the price at 1 cent or even higher.

 

[Sergiu112]

It won't reach $ 1, it spins in a circle, most likely it will keep growing at 70 cents and it will keep going down again

 

[Partisan]

The market is a very dangerous place anything can happen at any time so at the moment I think the price can still fall and a price can still rise because he still growing corn so it has a lot of potential just keep mine in and keep growing it anything can happen

 

[Blessedsam60]

In January 1st, 2021, dogecoin was $0.004. However, by the end of January, the price per dogecoin was 1 cent. Just a week ago, doge coin was 7 cents, however, now it looks like doge is going to the moon. Dogecoin is 30 cents. When dogecoin was 70 cents back in May, a lo of people predicted that it will become $1 by the end of this year. Maybe it could had reached $1 if the crypto currency market had not crashed.

Yes exactly, it could have ascended more than a dollar self. Just that the crash experienced in cryto currency market really affected a lot.
Doge coin was almost nearing a dollar and suddenly there was this longtime drop.

 

[Nomad]

These days a lot of coins are gaining value, yet dogecoin is showing resistance at 25 cents. Based on the current market trend, we can say that it will take a long time to go back to its all time high.

 

[greenie]

In January 1st, 2021, dogecoin was $0.004. However, by the end of January, the price per dogecoin was 1 cent. Just a week ago, doge coin was 7 cents, however, now it looks like doge is going to the moon. Dogecoin is 30 cents. When dogecoin was 70 cents back in May, a lo of people predicted that it will become $1 by the end of this year. Maybe it could had reached $1 if the crypto currency market had not crashed.

I hope that the maximum per year will reach $ 1 because I have some money invested in doges for some time: D and if it were $ 1 I would make a nice profit.

 

[Nomad]

I hope that the maximum per year will reach $ 1 because I have some money invested in doges for some time: D and if it were $ 1 I would make a nice profit.

Since dogecoin has unlimited supply and every minute 10 thousand new coins are releases, I do not think dogecoin has the potential to become $1.

 

[Kubiat-Abasi]

I actually thought that Dogecoin will have potentialities but I'm not refutting the fact that it might have potential. It is the constant fluctuation and unstableness in the market price isn't encouraging.

 

[greenie]

Since dogecoin has unlimited supply and every minute 10 thousand new coins are releases, I do not think dogecoin has the potential to become $1.

here opinions are divided. I really hope it reaches $ 1 just because I invested in it, not for anything else. ) and probably many have invested from the beginning ... at least $ 0.50 - $ 0.60: D

 

[Nomad]

People have been investing on dogecoin even when it was practically worthless but a lot of people started taking interest when it became 1 cent. For a coin to go high there need to be a short supply. How can a coin that is being released in 10K numbers every minute be in short supply?

 

[HayKay]

I don't think Doge would reach that predicted price because there are a lot of coins that are now in the crypto space and lots of attention have been shifted away from Doge.
Shiba, Wakanda Inu have really taken the shine off Doge to be honest.

 

[Elfinito]

Currently dogecoin is trading below $0.2 and the current bearish run may see the coin loss even more value because of the frequent unnecessary post by the so call Doge father Elon musk

 

[Sotherefore]

here opinions are divided. I really hope it reaches $ 1 just because I invested in it, not for anything else. ) and probably many have invested from the beginning ... at least $ 0.50 - $ 0.60: D

But as at now the coin Is Not really moving but it keep on depreciating in value, people who uses his or her money to invest in bnb are the early of this year will be cashing out with profit or even those that invested in solana.

 

[eLdavis]

I don't think Doge would reach that predicted price because there are a lot of coins that are now in the crypto space and lots of attention have been shifted away from Doge.
Shiba, Wakanda Inu have really taken the shine off Doge to be honest.

Shiba and wakanda has completely taken over form doge recently and there are lots of expectations form these two coins. I read somewhere that in 2022 it would be best to invest on doge than Shiba, what do you think about this?

 

[Bousine123]

Although Doge coin is 40 cent no body knows what can happen in the crypto currency market as no no coin can take a permanent position anything can happen

 

[Lens]

Presently, the volatility seen around dogecoin is very low and I can just imagine that the level of adoption is reflective on the market value of the dogecoin. This is due to the unlimited supply.