I am holding 125000 doge coin , and did not sell even at 0.47 $ , Is there any chances to doge coin can go to 1$ this year ?
Thanks
Doge coin may cross 5$ this year or may end at 0.0005$ at the end of this year. There is no one who can predict crypto market accurately. If you are getting good profit then its best to sell and take position later on. Haste makes waste and this holds very true.
5$ is quite a lot, i don't think that can happen this year, also we're all waiting for the huge dip coming to crypto, it's just a matter of time, 5$ seems crazy, even 1$ is questionable.
For now Dogecoin is only relying on tweets from Elon Musk to make its price go up, so it is highly unlikely that the $ 5 target will be achieved.
I agree that even to be able to reach the price of $ 1 is still doubtful that it can be achieved, but if Elon Musk consistently promotes Dogecoin
it can still reach the price of $ 1 this year, but for a target price of $ 5 it may take over 5 years to reach it.