Post
Topic
Board Speculation (Altcoins)
Re: Will dogecoin drop to $0.2 again?
by
elisabetheva
on 22/05/2021, 05:49:11 UTC
Dogecoin is a short term bitcoin. Of course I think it will fall again. I think Dogecoin is a rising coin with the unnecessary praise of one billionaire. In my future period, he cannot even enter the top 20.
Doge is not the same as bitcoin. Elon musk is the only reason why doge is going to the moon. If there was no billionaire that was always shilling doge and then im sure that if doge will not reach more than 20 cents as its price.
Elon already brought lots of newcomers to the doge coin. So many newcomers in the crypto bet on the dogecoin if it will reach $1 in the future.
I doubt that will happen. The tweet created by elon is not giving FOMO to the doge again.

People are realizing the game and they are no longer interested playing with Musk, with this current market it seems that it's closer
to hit that value again(OP's prediction)

Currently residing @ $.35, still lots of things are possible to happened, if there's no more interest and Musk itself won't take some
from his billions to move this coin again, expect that it will fall hard.

You have to take your decision according to how you fully recognized the risk.

It was as low as 21 cents on weds no reason it can't drop to 19 cents by monday.

most likely Elon was buying it last year for under ½ cent and has made a ton of $$ fucking with it.
Seeing the current trend where everything leads to a decline, then no one can avoid it. Likewise the doge which may not be as tough as ethereum, which ethereum also has to experience it. seems likely to continue or not the decline, can only predict.
if you go down again, doge will certainly be able to be below 20 cents and it could be more than that, it can't be denied.

@elonmusk is said to have bought a doge, you can be sure that the price purchased is the lowest value doge has so far, so he has got a tremendous profit from the increase in that time. whether the doge is still held by @elonmusk is certainly unpredictable.