Since we all know that dogecoin is getting backed by Elon Musk and people also want him to accept payment in dogecoin for his Tesla cars. And since his single tweet can give a boost to the price of dogecoin, what do you think?
Does Elon really take doge to the moon?
The majority of people are believing that Elon will do something and Dogecoin will hit $1 by this year. What do you think guys? Will tesla accept dogecoin as a payment? And the chances are high that other merchants do accept dogecoin as a payment.
The fact that people are still wondering about doge shows that it really created a big big news and a big deal for itself. I mean normally if it was just a hype, then it would have been gone after the hype, looking at it right now I can say that the hype is gone but there is still a big community, which could make it go back up.
I do not know how high it could get, but I can say that it does look pretty solid foundation to have, if there are people who can spend millions of dollars together, that means it could take it high. Plus, it didn't fall from the top places, it is still ranked highly, which means that the drop wasn't even that bad for it, it was bad like others that's it, nothing worse.