Quote from: Gheka on May 12, 2021, 02:53:53 PM

Quote from: Shasha80 on May 11, 2021, 11:34:03 PM

Quote from: go4crypto on May 11, 2021, 06:48:42 PM

$1 for Doge is easily possible in this market. It is already at $0.50 and has held its fourth and on coinmarketcap despite undergoing a big correction. However, some new dog meme coins are there to compete with it.

It is true that the $ 1 target is very easy for Dogecoin to achieve, even 4 days ago the Dogecoin price managed to hit the price of $ 0.7.
This means that the closer the Dogecoin price is to reaching the $ 1 price, I even predict that this month Dogecoin will reach a price of $ 1.
But to reach that price of $ 20k is still hard for me to imagine, after all I'm not sure Elon Musk will support Dogecoin for the next 5 years.
So I can't really comment on the Dogecoin price hitting $ 20k in 5 years.

What you see is the story of four days ago, right now dogecoin is falling into a relatively large decline with the easy target people talking about, investors are almost full of hope to hold the dogecoin up to that goal but unfortunately, this is a collective trap. That easy goal is once again rebuilding the gap with dogecoin, perhaps the effect and the whale Elon Musk is out of force, a few new dog projects are also based on the dogecoin hype, it is likely that the usurpation of the dog king will happen, dogecoin will lose a lot of value.

Compared to the other top 10 cryptos, Dogecoin has decreased very significantly, in fact, Dogecoin decreased by 33% compared to the Dogecoin
price 7 days ago. It's a price drop that doesn't come as a surprise, because most Dogecoin holders are indeed a lot of newbies who are influenced
by Elon Musk's tweets. And most Dogecoin holders, finally couldn't wait for the Dogecoin price to recover. Many Dogecoin holders are weak hands,
but I believe Dogecoin will rise again soon, if any investors want to buy Dogecoin now the Dogecoin price is low enough to buy. I still believe the target
price of $ 1 can still be achieved by Dogecoin this year, so those who are still holding Dogecoin can just be patient waiting for the Dogecoin price
to rise again.