Quote from: bitjoin on Today at 06:38:43 AM

Quote from: wmaurik on January 18, 2022, 05:28:04 AM

Quote from: Thymoty on January 11, 2022, 07:02:54 PM

Dogecoin price to $1 is still very possible, more than that is impossible.

those who wish dogecoin bullish over $1 should pray that more influencers buy dogecoin and shill about it like Elon did.

It's still possible for a $1 price on Dogecoin, the only problem is that it will be difficult for Dogecoin to come during a period of correction like now so that what is possible becomes very difficult to happen even though there are many influencers who want to support it because the influencers also have deeper considerations when choosing a particular product in the form of a coinmeme such as Dogecoin.

$1 sounds pretty ideal, I can say "maybe" it could happen in the next 5 years. Dogecoin has been around for quite some time in the crypto market, going from an unaccounted for meme coin to the coin that traders are paying the most attention to after Elon Musk came along. Influencers like Elon Musk are quite influential in the crypto market, in fact Dogecoin managed to hit an all-time high after Elon Musk tweet went viral. During the correction period, traders can set aside their money to buy a few pieces of Doge at a low price. Maybe it's time.

I would not rely much on Elon Musk when speaking about future dogecoin pump. Last time he mentioned dogecoin in his tweet was January 14 and the market reacted with 12% growth (later it felt back to where it was). That is just 3 cents. The price did not double, like it used to. I can not even imagine how many times more he need to tweet about dogecoin, for it to reach $1. Elon is not a parrot. He can not tweet dogecoin-dogecoin-dogecoin all the time. I think his influence on cryptocurrency market became weaker.