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Will Dogecoin reach $ 10 by 2021?

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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.

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#1 - February 11, 2021, 12:22:08 PM

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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

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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

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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 »

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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

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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

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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

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