the reason why dogecoin is stuck .

[gourav787]

Dogecoin or doge, is one of the moat famous cryptocurrecy there is, but for sometime now this great coin seems to be stuck around 0.0023 usd/doge.

Here is a reason that i think made doge to stuck, many people are excited with the fact that bitcoin went from 0/usd to 20k usd in less that 8 years so most think it might be the same for doge('m not saying that it won't) this made many people instead of trading with doge they held doge and forgot it i'm one of these people

That's the reason doge price is stuck, just my opinion.

[syedrasool2011]

whales run away they will come back again

[syedrasool2011]

Facepalm he thought doge was a stock xD Nah doge not going to 1$ anytime soon xD Just a massive pump & dump. It does show what will happen to the whole market during the hype cycle though - it is a microcosm of the crazy sentiment that will happen to everything in the market. Gen Z on tiktok doesn't have the same amount of cash to invest as the boomers - when people over 50+ & even more institutions get on board crypto will really explode.

[syedrasool2011]

Dogecoins highest was 0.005 with the pump and dumps. In 2017 doge went up to almost $0.02 when bitcoin almost hit $20k and October 2019 Dogecoin did rise to 0.008 without a pump & dump. Wise investors know a pump and dump so they're selling their $100k to $1mil dogecoins and cashing out big. By 2021 or 2022 Dogecoin could rise to $1 & by 2025 $5. I have a feeling that Stellar could rise to $1 in 2021 to $10 or higher. This would be a better investment. But remember when bitcoin rises so will all the cryto-market.

[doc]

Dogecoin or doge, is one of the moat famous cryptocurrecy there is, but for sometime now this great coin seems to be stuck around 0.0023 usd/doge.

Here is a reason that i think made doge to stuck, many people are excited with the fact that bitcoin went from 0/usd to 20k usd in less that 8 years so most think it might be the same for doge('m not saying that it won't) this made many people instead of trading with doge they held doge and forgot it i'm one of these people

That's the reason doge price is stuck, just my opinion.

Keep calm mate, I think It is normal. I have seen several altcoins are stuck it this year. But I see they are recovering slowly now. Wait until the November this year.

[TERMINO]

Nobody knows the exact things to happen in the future for Doge. Maybe we should not forget the reality that Doge can do great move to jump into higher value especially when bitcoin increase. Doge is not yet finished.

[dekafee79]

Dogecoin or doge, is one of the moat famous cryptocurrecy there is, but for sometime now this great coin seems to be stuck around 0.0023 usd/doge.

Here is a reason that i think made doge to stuck, many people are excited with the fact that bitcoin went from 0/usd to 20k usd in less that 8 years so most think it might be the same for doge('m not saying that it won't) this made many people instead of trading with doge they held doge and forgot it i'm one of these people

That's the reason doge price is stuck, just my opinion.

Yes , I think I agree with your opinion. Bitcoin has shown incredible performance at this year. Other coin will follow bitcoin But not popular like bitcoin. I think It is normal. Because bitcoin is still the King of crypto currency.  when waves is more popular, waves is not stuck again.

[damsix]

Stagnation or not increasing from the DOge price is due to the large supply of coins.
It looks like the OP forgot this and didn't see the coins circulating on Coinmarektcap.

Coinmarketcap provides all the information about cryptocurrencies and this is also the basis on which we can judge Doge.
Even though the data provided by Coinmarketcap is not completely accurate, at least Coinamrketcap provides the existing information, including the price of Doge coin.

[highnayem34]

Nobody knows the exact things to happen in the future for Doge. Maybe we should not forget the reality that Doge can do great move to jump into higher value especially when bitcoin increase. Doge is not yet finished.

Dogecoin is always a hype in crypto market. The reason for stucking is when u see pump on dogecoin people come from another exchange and sold it. Thats why. Besides Dogecoin market volume is too much that cannot be pump until great news.

[kent47400]

I think that DOGE is not stuck but it moves and moves only slightly.
DOGE is difficult to move because the coin supply price is so many.

And even though DOGE can pump it only a few times and maybe in one year there is only 1 pump.

[Lukasz]

Doge is a great coin many people love it because its so cheap and look everybody is so hyped about bitcoin bitcoin this bitcoin that and doge is for tipping and trading so it will grow in show od BTC but will grow. All the best Doge

[helojelly]

Because Dogecoin is quiet, it seems that whales rarely glance at it, which is why Dogecoin

[de_prof]

I think dogecoin isnot stuck mate. You can see the progress of Doge coin since last month. Dogecoin is increasing slowly but I think dogecoin will pump at the next year. Many investors have predicted dogecoin will have bright future.

[Bobcrypto]

Dogecoin is not stuck at all, it all depend on the market  demand and supply rules. You see, sometime many altcoins like dogecoin may have low trading and investment activities  which give it a low price increase.
Again, sometimes there are huge possibilities of big whale coming in to pump the price with huge buy orders, with limited sales orders that enhances the coin prices. The low business activities may cause price to be stagnant and if there are increase activities, the price improve with time.

[raisajahan]

Dogecoin or doge, is one of the moat famous cryptocurrecy there is, but for sometime now this great coin seems to be stuck around 0.0023 usd/doge.

Here is a reason that i think made doge to stuck, many people are excited with the fact that bitcoin went from 0/usd to 20k usd in less that 8 years so most think it might be the same for doge('m not saying that it won't) this made many people instead of trading with doge they held doge and forgot it i'm one of these people
That's the reason doge price is stuck, just my opinion.