Quote from: arufox on Today at 05:52:59 PM

Quote from: litepool.ru on March 21, 2023, 01:05:43 PM

Quote from: asrinur on March 21, 2023, 11:03:09 AM

Of course we hope that the price of Dogecoin can rise to around $1, especially for people who have bought it before at a price of $0.5. But we shouldn't expect much from Elon Musk to boost the dogecoin price increase like it has done before. Moreover, Elon Musk's tweets often invite controversy and it is even very difficult to see his seriousness in adopting Dogecoin as a means of payment in his company.

Actually the problem is that it will create hype again and everyone will come together to push its price up, I am not sure about the new ATH but I think the dogecoin case is also interesting because it has a very large community. And in my opinion it will need to get rid of the memecoin tag itself, and get hyped up from the bullshit to build a better product application system. I'm not sure when I will buy dogecoin again but personally I will keep an eye on dogecoin throughout the investment process.

Correct. I am also not sure if dogecoin will reach new ATH again. Moreover, in the past, not many people were interested in investing in this coin, but suddenly when Elon Musk came with his tweet, the price of Dogecoin soared so that many people flocked to invest.

It's not yet alt season and if that happen expect that Musk will be busy than ever to promote it. I won't doubt the possibility that it could make some new ATH again even with just postings of Musk that promotes the coin. There has been a lot of upgrade on Dogecoin and it was supported as well by those who are known in the crypto space.