Forex Zone | Forex Forum

Will Dogecoin reach $ 10 by 2021?

Discussion started on General Cryptocurrency Discussion

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 1104
  • Points: 466
  • Likes Received: 28
  • Reputation: +3/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
As we know, cryptocurrency, especially Dogecoin, is a favorite among people around the world. Moreover, Dogecoin is able to compete with other major currencies such as etherum and litecoin and is even able to match bitcoin. As we know the price of Dogecoin has dropped some time ago and is now at the price level of 0.072 / usd. What do you think? 
Will Dogecoin be able to hit $ 10 by the end of 2021.

Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/will-dogecoin-reach-dollar-10-by-2021/3246/
#1 - February 11, 2021, 12:22:08 PM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 3524
  • Points: 34612
  • Likes Received: 3153
  • Reputation: +178/-13
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
I do not think so. Doge is currently $0.072 and is overvalued already. It doesn't offer anything special. In my opinion, the only thing it has in it's favor is time since it's been around a long time and brand recognition.

For Doge to be $10, it would need to increase by about 139X. Also, the current circulating supply is 128,331,548,881. So a $10 coin would make the market cap more than 1.2 Trillion. Which is much more than even Bitcoin is right now.

Even if Doge ever gets to $10, it almost certainly will not be in 2021 in my opinion.
#2 - February 11, 2021, 01:04:55 PM

  • Posts: 284
  • Points: 1725
  • Likes Received: 18
  • Reputation: +0/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
$ 10 is a very unrealistic price, although cryptocurrency is full of surprises but for Doge to reach $ 10 is very difficult.
To get a price of $ 0.1 just Doge took a very long time.
#3 - February 14, 2021, 05:30:12 PM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 1104
  • Points: 466
  • Likes Received: 28
  • Reputation: +3/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
I do not think so. Doge is currently $0.072 and is overvalued already. It doesn't offer anything special. In my opinion, the only thing it has in it's favor is time since it's been around a long time and brand recognition.
For now the doge is still in the range of the price of $ 0.051-0.055 which seems very difficult and I think it is impossible to get to the price of $ 10 even if it is for 2 or 3 years. I agree with your opinion, sir, to get to the price of $ 1 is good. However, it cannot be denied that currently Doge is one of the most widely used payment instruments for online transactions other than bitcoin. Moreover, the tweet from Tesla's boss said that Dogecoin to the moon.
#4 - February 17, 2021, 09:29:42 PM
« Last Edit: February 17, 2021, 10:47:39 PM by Mikser »

  • Posts: 465
  • Points: 224
  • Likes Received: 56
  • Reputation: +2/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
Sometimes a coin has to stay at the bottom to keep shipping costs low, even if a doge coin rises, it won't be more than 0.5-1 USD.
#5 - February 18, 2021, 12:49:14 AM

  • Posts: 284
  • Points: 1725
  • Likes Received: 18
  • Reputation: +0/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
Most cryptocurrencies have fallen dramatically, although bitcoin has only fallen by 5%.
Dogecoin was also affected by this decline and most likely it could still fall to $ 0.04
#6 - February 23, 2021, 01:36:31 AM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 556
  • Points: 56825
  • Likes Received: 61
  • Reputation: +2/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
Dogecoin, if the price is up to 0.5 usd, I will be very happy, because I also happen to have several thousand Dogecoin.
It's just that now Bitcoin is also down and it has an impact on Dogecoin too.
#7 - February 23, 2021, 12:46:52 PM

  • Posts: 284
  • Points: 1725
  • Likes Received: 18
  • Reputation: +0/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
Dogecoin, if the price is up to 0.5 usd, I will be very happy, because I also happen to have several thousand Dogecoin.
It's just that now Bitcoin is also down and it has an impact on Dogecoin too.
Bitcoin is currently on the rise, breaking through the important $ 60,000 resistance. Likewise, Dogecoin can stay above $ 0.050 or to be precise at the price of $ 0.065 for the closest range of doge resistance at $ 0.1.
#8 - March 14, 2021, 11:19:38 AM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 3405
  • Points: 1023
  • Likes Received: 31
  • Reputation: +0/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx

in my opinion it could happen because nothing is impossible and it feels like being one of the favorite coins is the choice of many traders and people, especially after being mentioned by Elon Musk in twiter some time ago
#9 - March 20, 2021, 10:38:07 PM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 515
  • Points: 39273
  • Likes Received: 33
  • Reputation: +1/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
Don't overdo the target, $ 1 for Doge is already very difficult, especially with $ 10.
From history and also the development of coindoge does not support a significant increase in prices.
#10 - March 31, 2021, 07:00:41 AM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 513
  • Points: 921
  • Likes Received: 6
  • Reputation: +1/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
it is very possible for this to happen, especially if Elon musk comes back to give a signal for this coin, and indeed this coin trend continues to increase
#11 - April 18, 2021, 01:05:01 AM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 1104
  • Points: 466
  • Likes Received: 28
  • Reputation: +3/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_clip
Dogecoin in May has decreased by almost half of its highest body, it can be seen technically in the monthly candle chart, actually, the price is currently in the middle of the 50% Fibonacci retracement for the monthly or around the price ($ 0.5387), while for the daily it has actually started. up to continue the upward trend. It is possible that the price at the end of May will rise at least ($ 0.5936) at the end of this May, or to be precise at the 61.8% Fibonacci retracement if that happens then the next month may continue the upward trend through this month's high.
#12 - May 14, 2021, 12:21:15 PM
Attachments:

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 518
  • Points: 0
  • Likes Received: 5
  • Reputation: +0/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
According to personal observations, if the investment in the Cryptocurrency market must find out the White Paper and Project Masig in each Crypto, the analysis of whether the coin has been used as a Pay tool such as BTC in use in several countries, and market Cap / Market Capitalization. It is likely that if a project coin is good, the future the Coin Crypto price is also good
#13 - May 17, 2021, 02:42:27 AM

  • Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_index
  • Posts: 909
  • Points: 90
  • Likes Received: 9
  • Reputation: +0/-0
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
in my opinion with the remaining time there is difficult to be able to make the price of doge go to $ 10, the possibility that to $ 1 can still be, but it is quite heavy
#14 - July 01, 2021, 02:44:38 AM

  • Posts: 7756
  • Points: 337
  • Likes Received: 668
  • Reputation: +10/-5
Will Dogecoin reach $ 10 by 2021?  in General Cryptocurrency Discussion_xx
I think it's very difficult to happen. To get to just $1 right now I think it's very difficult
#15 - July 04, 2021, 10:58:36 AM

Members:

0 Members and 1 Guest are viewing this topic.


* Share Topic

Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

* Similar Topics

xx
ISM Manufacturing PMI March 01, 2021

Started by JamesThatcher on Fundamental

0 Replies
83 Views
Last post March 01, 2021, 01:21:53 PM
by JamesThatcher
clip
No Deposit Bonus 2021 Forex

Started by Antonio on Misc. Broker Discussion

6 Replies
286 Views
Last post March 25, 2021, 10:52:56 AM
by Antonio
clip
DOGECOIN SIGNAL

Started by zanurreload on Trading Signals

114 Replies
1164 Views
Last post Today at 06:58:18 AM
by zanurreload
smiley
Dogecoin, Saved or just sold?

Started by Van99 on Coins & Tokens

669 Replies
11311 Views
Last post May 29, 2021, 12:28:17 AM
by Unyil77