level 1. Serious. The project didn’t have any use case in the beginning, and there was not a whitepaper either. Let us explain why we think Dogecoin will hit $1. Throughout its history, the coin has been hyped by different personalities giving it more exposure. It will not happen overnight. Sort by. This price depends upon the latest prices bump. A $1000 billion market cap is only a matter of time if Doge becomes the de facto cryptocurrency of the internet. As a result, the Dogecoin network will remain operational and secure. He further asked the community to remember the coin’s playful and fun roots, instead of using it as a gamble to get rich. Microsoft claims that their phones are far superior to Apple’s. They only want money at the expense of other people’s work. Share. It is a cryptocurrency of the second tier. Only 18 million Bitcoin have been mined so far. The coin founder, Billy Markus, created it for fun. 83% Upvoted. Let’s explain. Therefore, what would happen if Elon Musk invested in Dogecoin? Regardless of a current run of as much as 8 cents, it’s unlikely that we … Posted by 1 minute ago. We want to make money, so why should we compensate the miners for their investment? In my opinion, if nothing goes wrong and Dogecoin has support from Elon Musk, its prices might reach $1 at the end of 2022. Everyone was wrong about the iPhone, as we now know. SpaceX, on the other hand, proved everyone wrong. « Reply #16 on: Today at 09:11:30 AM » This is true that the Dogecoin touch 1$ soon becasue in the market its movement go high very fast and we can predict its price very difficult and just in a single day it touches the 0.29$ and this is a very big high in the market just in a single day of the Dogecoin. Everyone laughed at Apple when Steve Jobs announced the iPhone. If somehow, one Dogecoin was worth a dollar, this would mean market capitalization of $118,001,264,037 for Dogecoin. In conclusion, most of the criticism of Dogecoin is not valid. Crypt began as a joke also doesn’t mean that it doesn’t have a future. Report Save. There’s a high probability that Dogecoin will reach $1 per coin. Bitcoin has the largest user base. Mark Cuban, the billionaire investor and owner of basketball team Dallas Mavericks, says Dogecoin has the potential to reach over $1 if it were to be used more widely in the Maverick’s ecosystem. As a result, critics argue that Dogecoin will never reach $1 per coin. In the next chapter of the Reddit stocks drama, Dogecoin (CCC: DOGE) enthusiasts are hoping to take the cryptocurrency above $1.At current prices, DOGE trades at just above 1 … This makes it harder for Dogecoin to compete with its competitors and surpass them in market capitalization. Four Strategies Explained. In order to keep the network secure and operational, there’s always an incentive of 5 billion coins per year for miners. Can Blockchain Technology Transform Gaming? A total of 21 million Bitcoin will be available. As a result, it’s not a great emailing machine. ANY IDEA ? Dogecoin, they claim, is the worst cryptocurrency on the planet with no future. They claim that this coin has no application other than online tipping. They just accept Ethereum and Bitcoin. Re: The DogeCoin can reach $1 soon? How will Dogecoin reach $1, $100, $1000 overtime? Disclaimer: This is just an opinion and should not affect the user’s decision. As a result, $10 per Dogecoin is feasible within the next decade. In other words, when there is no maximum cap on the supply of any coin, it will deter the price from reaching new highs. Vote. Dogecoin will spread as a result of its large following and gradual increase in acceptance. Whereas it could actually’t be dominated out, as a result of technically it’s attainable, it’s not one thing that we’re more likely to see anytime quickly. As a result, when Tesla unveiled their electric vehicle, everyone predicted that once Ford and GM began producing electric vehicles, Tesla would go bankrupt. Speculation, hype, and affiliation to third parties can impact a coin’s price. Report Save. Besides, its founder Jackson Palmer abandon the project in 2015, stating that Dogecoin’s community is toxic and is only concerned with pumping its price. Disclaimer: This is just an opinion and should not affect the user’s decision. As time goes on and more people learn about this coin, acceptance will grow. 4 comments. Tesla is now the world’s best-selling EV. An orbital-class rocket will never be able to land on Earth in one piece. $10 per Dogecoin is also likely within this decade. But this doesn’t give space to abnormal fluctuations in the market. If people hold yes! level 1. 16 days ago. $10 per Dogecoin is also likely within this decade. Log in or sign up to leave a comment Log In Sign Up. People would never buy an expensive iPhone, according to Microsoft CEO Steve Ballmer and Blackberry executives. In conclusion, together with a lack of development and supply numbering billions, it is difficult for Dogecoin to reach $1. To assess whether dogecoin can rise above $1, you should look at the factors that could take it up or pull it down. Doge lacks a core development team, and all its developers contribute to the project part-time. There’s a saying; the stock market circulates money from the impatient to the patient. What I learned in the crypto industry is with the proper strategy, things can always be worked out no matter how difficult it may seem. On March 6, billionaire businessman Mark Cuban said on Twitter that the price of meme cryptocurrency Dogecoin ($DOGE) could hit $1; now, one financial consulting company claims … Reply. As a result, Dogecoin will reach $1 and $10 within the next decade. Can Dogecoin run as much as $1? Many people believe that Craigslist is superior to eBay. Smart Tips to Follow Before Investing in Bitcoins, Best Bitcoin Mining Hardware – Guide to ASIC Miners, Money Button Founder is BSV Ambassador for West Coast, USA, How to Evade Fake Crypto Scams? It's even possible that Dogecoin establish $0.005 … Those who want a Dogecoin cap are self-centered. DISCLAIMER* I AM NOT A FINANCIAL ADVISOR. It is difficult for  Dogecoin to go up to $1 in the future even though it is backed by an active community and is used by thousands of Crypto users. Can Dogecoin ever hit $1? Just for thought, ever wonder what it would like to have Dogecoin dethroning Tron or other valuable Cryptocurrencies project? Dogecoin Vs Bitcoin | The Final Comparison! Traders will look to bolster the value of the crypto token and hold their positions until they reach the proclaimed goal of $1. Investors dismissed Amazon as an online bookseller for many years. Share. On a serious note, this coin started as a joke. When SpaceX announced its intention to build reusable rockets, every rocket scientist said it couldn’t be done. That is almost twice of current Bitcoin market cap, and reaching such a position would be mind-boggling. Many critics overlook the fact that Ethereum, the world’s second most popular cryptocurrency, also has an infinite supply. Blockoney is a Personal Finance, Technology and Bitcoin Blog. No one, however, criticizes Ethereum for having an infinite supply because so many people have already invested in it. The current market capitalization of Ethereum is around $200 billion. In other words, there is a lot of Dogecoin in the market, which prevents it from reaching new highs. As a result, the price of Bitcoin will continue to rise until the disadvantages of these coins outweigh the benefits. Many companies are not accepting Dogecoin. If we impose a cap, miners’ only source of income will be transaction fees. save. SpaceX would disregard human safety in order to maximize profits. Today I am talking about my prediction for DOGECOIN in 2021! Dogecoin will undoubtedly reach $1 in the next few years. If they keep panic selling it won’t . Dogecoin will undoubtedly reach $1 in the next few years. But this doesn’t give space to abnormal fluctuations in the market. This is a very serious question with the actual possibility of occurring in the future. best. You may be wondering why we are bringing this up. Unfortunately, there is a link. Analysts from New York and college graduates from all over the country are predicting the price of Dogecoin to reach $1 by the end of summer. The $135 billion valuations of Dogecoin may appear unusual now, but it will seem natural in 2 to 3 years when Doge becomes more widely used. It contains information on various aspects of business, finance and technologicy. I just started investing in Dogecoin but wanted to know how the hell it will reach a higher value, for example $100. Dogecoin to $1 will make it more Valuable than Bitcoin. Much is possible in Cryptocurrencies. They claim that Doge is nothing more than a pump and dump coin. share. It has no technical updates for more than four years. But realistically can it reach that $1? They believe that this coin will never reach $1. Dogecoin can reach up to $1: Doge coins Co-founder Billy Markus in an open letter on Reddit has addressed the heightened interest for his coins which he started as a joke. As mentioned before, cryptocurrency has no real-life value or application. The current market cap of Dogecoin is around $10 billion, on the other hand. It never happened, unfortunately. Much is possible in Cryptocurrencies. If you are accumulating Dogecoins speculating that it will reach a dollar, you should consider the factors that can prevent it from reaching such highs. Sort by. The March Toward $1. As a result, there is no doubt that Doge will become a major cryptocurrency in the world. Many say Dogecoin has been created as a joke, so it has no usefulness and nobody values it as legitimate cryptography. Dogecoin will soon surpass Ethereum and other cryptocurrencies. It is cruel and selfish thinking to be concerned with ourselves but not with miners. It's also important to understand the cryptocurrency theme in general. Nobody took it seriously because it allows people to trade used goods. To summarize, the majority of Dogecoin criticism is unfounded. As a result, Dogecoin will eventually reach $1 and get to $10 within this decade. 5. – The MOST ACCURATE Dogecoin Price Prediction. Close. But Dogecoin holders have to be patient about it. 1 minute ago. Serious. Yes, just hold. In comparison to Dogecoin, the transaction fee and time are both high. Please accept our apologies for saying so. This does not mean that in the future these companies would never accept Dogecoin. Why would they spend tens of thousands of dollars to keep the crypto network operational and secure if we don’t pay for their operating costs? In comparison, Dogecoin is an inflationary cryptocurrency. No other traditional company can produce a compelling electric vehicle that can compete with a Tesla vehicle. It’s not going to happen overnight. Dogecoin has proven to be one of the least volatile cryptocurrencies over the years. There was not a central idea or a solid team behind the project. When dogecoin will hit $1 It would be this year or may took few years. Log in or sign up to leave a comment Log In Sign Up. share. Many web and mobile apps are integrating the currency into their platform, but this doesn’t mean that it will be worth a dollar, and there are various reasons for this. Speculation, hype, and affiliation to third parties can impact a coin’s price. Dogecoin has also been endorsed by Jon McAfee, a member of the cryptocurrency community best known for his $1,000,000 Bitcoin price prediction. #dogecoin #doge #dogeprediction #btc. We’ve met a lot of people. Dogecoin reaching $1 by 2021 is definitely not easy, yet it's not impossible too. They refuse to pay miners who keep the Dogecoin network running 24 hours a day, seven days a week. Once Bitcoin and other cryptocurrencies reach their cap, these fees will skyrocket. Hence, any increase in price fueled by demand is likely to meet with the increasing supply. The developer introduced the currency with no solid backing from venture capitalists to increase its influence in the Crypto market. While there are many other Altcoins, following an inflationary protocol, only a few have a massive circulating supply like Doge, which is over 100 billion. We know that Elon Musk is serious about Dogecoin and that he is not joking about supporting the cryptocurrency. CAN DOGE REACH TO THE $1 ? If recent headlines are to be believed, Dogecoin will continue to move upward and reach $1. Vote. However, if you look closely, you can see that there is a very good chance that Dogecoin will not only reach $1, but even $10 per coin in this decade. To address these issues, Dogecoin was created. report. There is no denial of the fact that Dogecoin has a lot of support from several Crypto veterans and active adoption. If Dogecoin reaches $1 per coin this year, the market capitalization will be around $135 billion. Dogecoin has the world’s second-largest crypto community. It has a large following, which will help this coin succeed. After reading these studies, some are actually targeting $3-$4 by the end of the year. It traded about $0.000232 in 2013 when it launched. Furthermore, many people accuse Dogecoin of being prone to inflation. It has nothing to do with the cryptocurrency project’s success. This cryptocurrency has inherent inflation until all Bitcoins are mined. It has nothing to do with Dogecoin. For example, at the time of writing this post, the circulating supply of Dogecoin is 118,001,264,037. There’s NO doubt Dogecoin will reach $1 within the next few years. eBay began as a marketplace for the sale of used goods. Or even $10? CAN DOGE REACH TO THE $1 ? Can Dogecoin REALLY Reach One Dollar Per Coin? However, it’s impossible that Dogecoin will ever get to $100 per coin. Someone proposed to the Doge developers in January 2021 that they implement a cap on Dogecoin. Not $1 But Dogecoin Will Reach $10! Reply. We, on the other hand, strongly disagree. In years to come, Dogecoin is likely to struggle for its dominance among the top 50 cryptocurrencies as the Cryptocurrency ecosystem evolves into a better and project-driven market. If the overall crypto market will rise, Dogecoin (DOGE) can reach $10 too. To be updated with all the latest news, offers and special announcements.