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Author Topic: Will Dogecoin Ever Reach $100?  (Read 44049 times)


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Re: Will Dogecoin Ever Reach $100?
« Reply #150 on: July 07, 2022, 03:43:50 PM »

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Re: Will Dogecoin Ever Reach $100?
« Reply #151 on: July 09, 2022, 04:05:34 PM »
What target did you choose for Dogecoin, $100. Which by no means seems possible. Once its value went above $0.7 and investors could not find a better coin than this. At that time it had given a rich order to the investors. But then its value dropped in such a way that it is not taking care of it.
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Re: Will Dogecoin Ever Reach $100?
« Reply #152 on: July 09, 2022, 05:49:42 PM »
What target did you choose for Dogecoin, $100. Which by no means seems possible. Once its value went above $0.7 and investors could not find a better coin than this. At that time it had given a rich order to the investors. But then its value dropped in such a way that it is not taking care of it.
your pessimism, my friend, about the doge target increase which will reach $100 is the same as what I thought. I assure that there is nothing to be proud of from coin doge, why do I say that. because doge's upgrade is not because they are doing development but because it is based on news from elonmusk, which is trusted by his followers.
but will it be able to continue to grow in that way? I don't believe that, it will be difficult for doge to become a good coin, in time doge will have difficulty developing.
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Re: Will Dogecoin Ever Reach $100?
« Reply #153 on: July 12, 2022, 06:39:34 PM »
What target did you choose for Dogecoin, $100. Which by no means seems possible. Once its value went above $0.7 and investors could not find a better coin than this. At that time it had given a rich order to the investors. But then its value dropped in such a way that it is not taking care of it.
Of course, the price of $100 for Dogecoin is absolutely unattainable. Most likely, this meme-coin will not even reach $5. If during the period of the highest swing it rose only to 0.7 dollars, then at its current price of 0.06 dollars, it will be a good achievement if it rises to at least one dollar.
Repeated hype around the same cryptocurrency succeeds, very rarely. And Elon Musk's tweets will no longer be reacted as violently as before.

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Re: Will Dogecoin Ever Reach $100?
« Reply #154 on: July 15, 2022, 10:46:28 AM »
 ;D ;D ;D No Chance Doge coin 100 dollar. But in cryptocurrency everything is possible.

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Re: Will Dogecoin Ever Reach $100?
« Reply #155 on: July 15, 2022, 01:12:22 PM »
Of course, the price of $100 for Dogecoin is absolutely unattainable. Most likely, this meme-coin will not even reach $5. If during the period of the highest swing it rose only to 0.7 dollars, then at its current price of 0.06 dollars, it will be a good achievement if it rises to at least one dollar.
Repeated hype around the same cryptocurrency succeeds, very rarely. And Elon Musk's tweets will no longer be reacted as violently as before.

After what happened with Elon Musk and the alleged purchase of Twitter, many people have finally opened their eyes and realized what Musk's game is. Elon Musk likes to manipulate the markets, making them go up and down as he pleases and being in control of what is going to happen at all times. What has happened to Musk with Twitter is the most evident proof that his power is no longer what it was a long time ago, now his tweets about Doge would not cause the same impact on the market.
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Offline Muneeb22

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Re: Will Dogecoin Ever Reach $100?
« Reply #156 on: July 15, 2022, 06:19:02 PM »
Dogecoin is a very good coin and this coin go high so much but this will take so much time to go high and touches the $100 becasue in this market so many peoples will know that the market of this coin this time down but soon it go high and i hope in 2025 the Dogecoin will easily touches the $100.

.FX..BOX.
 
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Re: Will Dogecoin Ever Reach $100?
« Reply #156 on: July 15, 2022, 06:19:02 PM »


Offline Freemind

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Re: Will Dogecoin Ever Reach $100?
« Reply #157 on: July 16, 2022, 12:22:37 PM »
Dogecoin is a very good coin and this coin go high so much but this will take so much time to go high and touches the $100 becasue in this market so many peoples will know that the market of this coin this time down but soon it go high and i hope in 2025 the Dogecoin will easily touches the $100.

Where is all the money needed to get Doge to $100 going to come from?. From what I read sometimes in some comments I think that many people are not aware of some things they say. If Doge hits $100, how much should Bitcoin hit? $3,000,000 each Bitcoin?. We have to be realistic and understand that Doge is just one of Elon Musk's toys. Doge has no development, Doge also does not have any team to support him and continue to work and improve the coin.
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Offline Muneeb22

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Re: Will Dogecoin Ever Reach $100?
« Reply #158 on: July 26, 2022, 07:56:07 PM »
Dogecoin is a good coin but I don,t think so that this coin will go high so much like it will touches $100 but may be in future it will touch because no one know about the crypto market it can do anything any time. So we just need to buy 100$ of dogecoin and hold that just for 1 year it gives us good profit.

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Offline Zezari

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Re: Will Dogecoin Ever Reach $100?
« Reply #159 on: August 04, 2022, 10:59:14 AM »
In my opinion, it is very difficult for such a project with such a huge capitalization of coins that Dogecoin currently has, if they lower this bar and increase token sales, the price will rise.
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Offline dodok

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Re: Will Dogecoin Ever Reach $100?
« Reply #160 on: August 05, 2022, 05:04:25 AM »
in my opinion it is impossible for a doge to reach $100 because the unlimited supply of doge is very difficult for a doge to reach $100, if to reach $1 it is possible as long as Elon is still a life in the doge.
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Offline yashwant

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Re: Will Dogecoin Ever Reach $100?
« Reply #161 on: August 07, 2022, 02:58:36 PM »
If I talk about a year ago from now, I loved Dogecoin. It had made such a rapid growth that I could not see a better coin than this. This made investors rich. But after that it declined so fast that it disappointed Bhat. When it's $0. Then I thought that it would cross $1 in a week, but it declined from Whey and it is not taking the name of emerging.
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Re: Will Dogecoin Ever Reach $100?
« Reply #162 on: August 13, 2022, 11:34:05 PM »
I just knew I am regretting for selling away all my dogecoin for pennies when dogecoin just started.

If I held on to all of my dogecoin until last year, I would earn a huge profit.

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Re: Will Dogecoin Ever Reach $100?
« Reply #163 on: August 17, 2022, 08:58:54 PM »
$100 is a huge amount but the dogecoin soon will touches the $10 easily within 1 to 2 years but this is not possible that the dogecoin will touches the $100, it will possible but it take some years to dogecoin to touches this high

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Re: Will Dogecoin Ever Reach $100?
« Reply #164 on: August 23, 2022, 04:37:44 AM »



There’s a high probability that Dogecoin will reach $1 per coin. $10 per Dogecoin is also likely within this decade. However, it’s impossible that Dogecoin will ever get to $100 per coin. Let’s explain.


Unlike other cryptocurrencies, Dogecoin doesn’t have a cap. In order to keep the network secure and operational, there’s always an incentive of 5 billion coins per year for miners. By the end of 2030, there will be 180 billion Dogecoin in circulation. If Dogecoin reaches $1 valuation per token, the total market cap of Doge would be $180 billion. It’s not that crazy high.

There are currently around 18 million Bitcoins in circulation, and it has a market cap of about $900 billion. The second-largest crypto Ethereum has a market cap of $200 billion. Similar to Dogecoin, Ethereum also doesn’t have a coin cap.

Over the years, Bitcoin and Ethereum have shown its strength and weaknesses.



Nowadays, Bitcoin is considered as an asset, an investment vehicle to grow money. Therefore, people now buy Bitcoin and hold on to it.

The transaction cost of Bitcoin is rising steadily. It’s already prohibitively high enough to be useful for daily retail transactions. Ethereum’s transaction fees are also high.

On the other hand, Dogecoin has promisingly low transaction fees. Moreover, as there are 5 billion coins per year for miners, the Dogecoin transfer fee will remain low. Furthermore, Dogecoin transfer time is 10x faster than Bitcoin.



So, there’s the tremendous growth potential for this coin. A market cap of $180 billion is not impossible. Therefore, $1 per Dogecoin is not a pipe dream. However, $100 per Dogecoin is quite unachievable. Let’s explain.

The US has a GDP of around $21 trillion, and China has approximately $15 trillion. If we sum up all the countries’ GDP, the total GDP would be $87 trillion.

Source: https://www.statista.com/statistics/268750/global-gross-domestic-product-gdp/



For each dollar increase in Dogecoin price, the market cap would need to rise $180 billion. So, for $100 per Dogecoin, the total market cap of Doge would be more than $18 trillion, greater than China’s economy and almost equal to the US economy. It’s absurd.



Many people don’t trust the US government. As treasury printing money, the government adding debt recklessly, and inflation soaring, many are dissatisfied. They want a financial system that is independent of any government control. That’s why over the years, Bitcoin and other cryptocurrencies became popular.

Still, the regular currency has superior use cases and functionality than cryptocurrency. Wider acceptance, faster and easier transfer are a few of them. Our whole economy revolves around traditional money. On the contrary, cryptocurrency is still in its infancy. Only a few people know about it, and it isn’t widely accepted. Cryptocurrency is also highly volatile.

Nevertheless, Bitcoin, Ethereum, and other cryptocurrencies have shown great potential. But still, it’s not enough to replace the US dollar.

There are hundreds of cryptocurrency. Every coin has pros and cons. Therefore, it’s tough to predict which one will become mainstream cryptocurrency. Even if single crypto becomes the world’s de facto crypto still, there’s no possibility that Dogecoin will ever become more valuable than China’s whole GDP. It doesn’t make any sense.



Therefore, Dogecoin will never reach $100 per coin. However, from our experience with Bitcoin and Ethereum, we expect that Dogecoin will reach $1 because it has far more potential than Bitcoin. Even Tesla and SpaceX CEO Elon Musk believes that Dogecoin is underestimated. Elon Musk is the founder of X.com, which later became PayPal. Therefore, he knows what he is talking about.


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info.  https://provscons.com/will-dogecoin-ever-reach-100/

As OP asked Doge coin will ever reach $100, I think It's impossible to happen.
Dogecoin is just meme coin , doesnt have good project.
I don't believe this coin will soar and reach $100.
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