With the popularity of Elon owned and with followers on very large social media, what you say can be true and Elon should be able to use it to continue to contribute to crypto, so that more will admire and have good popularity, he can also be raised good, especially by Crypto lovers in general.
Indeed. Elon Musk has a great popularity and has many followers, this is his power to influence crypto. If he tweets something about crypto, it is very possible that people will take attention on it. He has proven it by leading a huge pump in Dogecoin in 2021. Well, the power of popular person is real, we already saw it in the previous bullrun season.
Your disagreement is the same as mine. Why? Because when the Doge falls freely, he has no effort at all to do the interaction that should be done if he has doge so as not to continue to fall. It's hard to be able to admit that there is a dog ability to reach $1, while the ATH has never been passed.
Elon Musk isn't the team of Dogecoin, he doesn't care whether Doge price will continue decreasing. It also proves that he has no Dogecoin, he has no business with Dogecoin future. This is a big reason that we can't expect Elon Musk factor to pump Dogecoin and triggers Doge price to be $1.
Elon is very popular in many ways, and him pumping DOGE a few years ago is a way for him to maybe say that he's supporting cryptocurrency. Well, I guess we can say that he took advantage of the power he had at that time to pump DOGE, but I'm curious if he can still do it now just in case he will do it again.
Elon Musk ever made a hype on Dogecoin. But it won't happen again, I am even quite doubtful that Elon Musk has a plan to support Dogecoin again like in the past. Even Elon Musk is trying to make Doge hype again, I am sure crypto lovers won't be very enthusiastic again. People know well that it won't last a long time.
Like you though, I'm also a bit skeptical that DOGE will reach a dollar soon. With it's inflation rate, I guess the realistic peak of DOGE would be at the $0.50 in this upcoming bull run.
Agree. The peak of Dogecoin is unlikely to reach $1. But to reach $0.5 is surely possible. Just expect that people still have a big interest in meme coin. As long as meme coins is still popular, Dogecoin has a chance to be pumped again.
