Dogecoin to one USD, is it possible?

[Nomad]

Back in 2021 when dogeocin started going up a lot of people started saying that dogecoin will reach $1, well, it reached 78 cents and then started going down. Currently is is trading for 40-45 cents but it is still to break the previous all time high price. Do you think if the market continues to become bullish, dogecoin will reach $1 or do you think this is not going to happen because it is basically a meme coin.

 

[Suba]

Although currently I have Dogecoin not as an investment but only as a transaction, ATH Doge 0.9 was achieved in May 2021, although it is possible that the price of Doge can reach $ 1, but it has a high risk because most of the doge coins are held by whales.

 

[Trush Jodie]

With the position of Elon Musk in government, one USD per Dogecoin is still a possibility. Depends on how much they promote it.

 

[magnus2022]

There is high possibility of Dogecoin reaching $1 before the end of Trump's presidency. But Dogecoin is highly volatile and can slump as it goes up. Dogecoin is a coin i will only use for transactions but not to hold it as investment.

 

[Fidelia]

Doge is just a meme coin that depends on hype. And I believe it should have enough hype now to reach one dollar in its price.

 

[Xtynehappy]

I don't think that dogecoin would reach one dollar anytime sooner. I can say that it can reach that height in 2026

 

[Stardom22]

I think that is very possible. In as much as Trump had actually created an initiative for promotion of the DOGE together with Elon Musk, l think DOGE would skyrocket so high.

 

[riberet19]

I believe that it is possible if there is another altseason soon, in fact I believe that there will be one when much of the money in Bitcoin begins to move to some altcoins like Dogecoin.

 

[SilverLance]

It's possible that it could reach $1 or even higher. However, some investors still view it as a meme coin with limited utility compared to other cryptos, which could hold it back from growing in the long run.