Dogecoin Targets to hit $1 on Dogeday?

[Sophie Robert]

The DOGE community is anticipating a possible "meme pump" on April 20 with much interest. The 20th of April has become known among Dogecoin traders as "Dogeday" because of its tight ties to the meme currency.

A well-known cryptocurrency expert warned his followers that 4/20 is coming up soon and predicted a potential meme pump for Dogecoin. Since its launch in 2013, the dog-themed meme-coin has been closely linked to the date April 20. A common meme in internet culture is the number 420 itself. The goal of "Dogeday," as it was dubbed by Dogecoin traders in 2021, was to increase the token price to $1. The DOGE community anticipates that the approaching 4/20 date will assist in regaining positive momentum and bringing the cryptocurrency closer to $1.

As analysed by coinpedia, If DOGE breaks out, the next resistance could be at $0.1, the 0.228 Fib retracement resistance level. Doge price prediction (https://medium.com/@CoinPedia_Markets/doge-price-prediction-dogecoin-targets-to-hit-1-on-dogeday-5987fe19d402) may reach a maximum of $0.158 by the end of 2023.

[Freemind]

Doge can go up to $1 (on Dogeday or any other day), but it depends on several factors. The economy and strength of the United States, the country where there are the most investors, confidence in international markets, the stability of US banks, but above all in what Elon Musk says and does. We all know that a little sign from Musk (in any direction) can send Doge skyward, the current problem is that Doge (like many other coins/tokens) is down and getting to that $1 would be harder than a few months. But as soon as the market recovers to previous levels, it will only be a matter of time before we see $1.

[damsix]

but above all in what Elon Musk says and does.

I really agree with what you said, because DOGE is like Elon Musk's favorite pet.
I have seen several times that Elon Musk continues to monitor Doge on Twitter by writing tweets that end with the word "DOGE".
We don't need miracles and we don't need magic because with Elon Musk maintaining the DOGE coin it has also become a strange thing to remember.
Just imagine the richest man in the world getting into cryptocurrency and choosing a silly and joke coin, namely DOGE, is that not called a miracle?? Let's see 2024-2025 for DOGE!

[Shahinaz]

1$ will definitely be reached someday, we just don't know when. maybe if elon gives continuous power to doge, it can go to 0.9$ without needing to go to 1$, doge owners who buy at the current price will also get multiple profits

[dekafee79]

but above all in what Elon Musk says and does.

I really agree with what you said, because DOGE is like Elon Musk's favorite pet.
I have seen several times that Elon Musk continues to monitor Doge on Twitter by writing tweets that end with the word "DOGE".

Elon Musk is a famous man and one of the richest men in the world and very popular. 
I agree with you. 
Doge is just Elon's musk pet. 
Elon can manipulate doge PRICE by just sharing his tweet then Investors will buy doge, and cause the price to rise.
 
I once read in the news that Elon Musk is the the person who takes advantage of Doge.  Only that . 
We all know Doge doesn't have any good projects, so to be honest.
I'm not doge fans

Talking about doge targets to hit $1, I think it's
depending on what Elon Musk will do later, and how the market reacts.

[trendcoin]

1$ will definitely be reached someday, we just don't know when. maybe if elon gives continuous power to doge, it can go to 0.9$ without needing to go to 1$, doge owners who buy at the current price will also get multiple profits

It didn't become $1 on Dogeday, but one day it will reach $1. But I think the real question is, how many dollars will Bitcoin or Ethereum be on that day? Dogecoin or other memecoins are coins that I don't like because they're pointless and they hurt the market. Investors who are looking for a pump are investing in these coins and preventing the market from growing healthier. I think memecoins will lose their popularity as investors in the market become more aware.

[kent47400]

Everyone's expectations are different and I have seen these expectations before my eyes for DOGE coin which will reach the price of 1 USD.
I also don't know what factors will make DOGE become 1 USD because looking at the supply there is so much and this is doubtful.
But the DOGE coin also reached a price of 0.7 USD during the All Time High, even though this value is only a short time away from reaching 1 USD and that is what the OP hopes for. I also hope that the DOGE coin can reach 1 USD because it can increase the price of Bitcoin if DOGE reaches 1 USD.

[JahriMeayer]

Dogecoin is flying only because elon supporting this coin and keep tweeting about doge and that's why it come to people and got investment. Now its $0.082 but during bull in 2021, it recorded $0.731578 ath. And now people are more careful, excited about memecoin, even we saw the trend of investing memecoin in 2023. So this year, i believe more and more people will involve in doge community as investors and price might be cross $1 this time during new bull run. But not possible in dogeday cause that time btc halving will effect all Cryptocurrencies to get a bit down

[Nazmul012]

Holders or investors have many expectations with the coin they are holding or aiming to buy. Number of dogecoin investors is increasing rapidly even after its belong memecoin list. dego standing on top 11th position and supposed to be wanna get of memecoin galaxy and elon keep sheltering this coin, inspire people to buy more. But doge has big supply and hitting $1 milestone is pretty difficult but if more and more people invest in it then may touch $1 but that will be temporary, not easy to keep the price with such supply

[KryptoBull]

Facts have confirmed that DOGE has not been able to reach a new peak before the halving. But I think 1 USD is not out of reach for DOGE in 2025 uptrend. Memes are very hot and DOGE will not be out of this trend, especially when it has an extremely large community: dog lovers, Elon Musk's fans and people who like Meme 

[Dr.Bitcoin_Strange]

We all know Doge doesn't have any good projects, so to be honest.
I'm not doge fans

Talking about doge targets to hit $1, I think it's
depending on what Elon Musk will do later, and how the market reacts.

Well, the Doge Coin Project might not seem to have a strong project team or a good market team, but ever since it was created, it has actually given a profit to the first investors.

I am not really a fan of altcoins like I was when I first got into the crypto space, but Dogecoin was among the cryptos that gave me some good profit in 2021. The last all-time high I saw Dogecoin at was $0.9 cent on Binance Exchange, and currently the price is $0.08. The coin is not dead, despite the fact that it's in the hands of Elon to influence the price. If the price is actually usually influenced by Elon, then investors should also be ready to go with the flow, buy some now, and wait until any year that the price will pump. Price pump and dump of altcoin is not usually predictable, but for dogecoin, I think one day the price will surely climb to $1-$2.

[IyemRoker]

@Dr.Bitcoin_Strange

Wooouuuuww, you are very brave to predict that DOGE can reach a price of 2 USD. I salute you.
Nothing is impossible in cryptocurrency because everything changes over time and DOGE in my opinion is very easy to reach 2 USD.

But I have a special question for you,
Do you hold DOGE?
Since when did you start holding DOGE?
How much ROI will you get if you hold DOGE correctly?
Apart from DOGE coin, what else do you trade or invest in cryptocurrency?

[Stompix]

Elon Musk is a famous man and one of the richest men in the world and very popular. 

Popular as Taylor Swift popular ? No! Popular by becoming on of the most hated persona outthere, yeah!

He has slowing become hated by every group out there on different levels, the fudged everything with politics, his management over twitter, and not to mention he had a part in the BTC price crash when Tesla sold part of its Bitcoin investments! Add the whole thing of stopping BTC payments and the drama with the energy consumption and it gets darker and darker.!
Rather than a drive behind the coin Musk is slowly becoming a liability!

Price pump and dump of altcoin is not usually predictable, but for dogecoin, I think one day the price will surely climb to $1-$2.

And where are the 200 billions going to come from?
Also, some really forget one thing, Doge is inflationary, every year it adds 5 billion doge to the supply, at 2$ per coin that's 10 billion every year, or the equivalent for the current market cap every year!

[bitterguy28]

The DOGE community is anticipating a possible "meme pump" on April 20 with much interest. The 20th of April has become known among Dogecoin traders as "Dogeday" because of its tight ties to the meme currency.

A well-known cryptocurrency expert warned his followers that 4/20 is coming up soon and predicted a potential meme pump for Dogecoin. Since its launch in 2013, the dog-themed meme-coin has been closely linked to the date April 20. A common meme in internet culture is the number 420 itself. The goal of "Dogeday," as it was dubbed by Dogecoin traders in 2021, was to increase the token price to $1. The DOGE community anticipates that the approaching 4/20 date will assist in regaining positive momentum and bringing the cryptocurrency closer to $1.

As analysed by coinpedia, If DOGE breaks out, the next resistance could be at $0.1, the 0.228 Fib retracement resistance level. Doge price prediction (https://medium.com/@CoinPedia_Markets/doge-price-prediction-dogecoin-targets-to-hit-1-on-dogeday-5987fe19d402) may reach a maximum of $0.158 by the end of 2023.

for Dogecoin reaching 1 dollars meaning from the price now this needs to have a 1300% increase as its value is a little than a cent now? https://coinmarketcap.com/currencies/dogecoin/

If meme coin can even reach that hign Meaning bitcoin can reach 500k that time as well?
Dogecoin is one of the oldest strong coin but making that far this soon for me is something like as impossible to achieve .

[Wiseman]

It didn't become $1 on Dogeday, but one day it will reach $1. But I think the real question is, how many dollars will Bitcoin or Ethereum be on that day? Dogecoin or other memecoins are coins that I don't like because they're pointless and they hurt the market. Investors who are looking for a pump are investing in these coins and preventing the market from growing healthier. I think memecoins will lose their popularity as investors in the market become more aware.

When and if the dog reaches the 1 dollar mark bitcoin should grow very strongly and its price should increase at least 3-4 times from the last peak , it is not easy because we are not even close to the last peak price .