Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: msz900 on June 04, 2021, 04:37:33 AM
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So, after the crash of the crypto world, now what's the status of the Dogecoin as its price is decreasing on daily basis, will it recover?
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I think Dogecoin has ability to cross 1$ but it takes more time for this. Now the crypto market is not so much good, that's why Dogecoin's price came down. But now it’s price is growing up regularly. I think it will cross 1$ within this year.
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The Currently just bought 1000 dogecoin on Robinhood. In the app it shows +600% over the past 3 months growth I believe , does that mean if you buy 1$ of doge today it’s worth 600 times as much in 3 months?? Or am I analyzing this incorrectly.
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The Currently just bought 1000 dogecoin on Robinhood. In the app it shows +600% over the past 3 months growth I believe , does that mean if you buy 1$ of doge today it’s worth 600 times as much in 3 months?? Or am I analyzing this incorrectly.
The way you analyze is not correct or to the target, because you have to also check the history of Dogecoin and when looking at it, you will see that the price was too low as compared to the current time and there is a huge Risk involved in it because if the Coin dumped(which can be anytime) then a huge crowd of investors will loss their money.
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The Doge coin went around $1 dollar a few days ago But now that the market situation has changed a bit, the Doge coin market has dumped a bit again. However, the target of Doge coins is to exceed 1$ dollar in a few days. This is what we would expect from Doge Coin in the market in a few days So if you invest in doge coins now, you will definitely get a lot of profit in the future.
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I think Dogecoin has ability to cross 1$ but it takes more time for this. Now the crypto market is not so much good, that's why Dogecoin's price came down. But now it’s price is growing up regularly. I think it will cross 1$ within this year.
Yes, the current market condition is not good for that reason we are not in a stable situation. I think if the market will a normal condition Dogi can go 1$ othwaise is not possible now.
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Lately i have seen the impossible becomes possible in crypto so i won't entirely rule out the possibility of dogecoin to end at that price, it has a strong backing of one of the richest man in the whole world, coinbase listed dogecoin within few days of announcement, lot of fans with their full support of this coin, so it could be possible if the market comes back to bull or if Elon decided to tweet something very outstanding.
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It is not yet clear what is happening with the cryptocurrency market, since the cryptocurrency market is constantly being corrected and it is difficult to understand what will happen next with the cryptocurrency market, so if there will be another fall of the cryptocurrency market, then this year Dogecoin price will of course only fall, and if there will be another rise of cryptocurrency market, Dogecoin will again return to 0.5$ and possibly even to 1$, depends from the pump itself.
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I think Dogecoin has ability to cross 1$ but it takes more time because the crypto currency market is down trend right now. One the other hand the total supply of doge coin is a large amount. I think it is not possible for right now but time being it is possible when overall crypto currency market will pump then it will be possible to reach dogecoin at 1 usd. So in my opinion DogeCoin $1 Target is more or less possible but right now it is not possible.