This is hard to believe, though to be fair it’s already hard to believe that a currency started as a joke is currently worth $80 billion . Online exchange rate calculator between DOGE & USD. That would make it roughly $800 million more valuable than Tesla (NASDAQ:TSLA), and roughly $800 million short of Apple (NASDAQ:AAPL). Although currently floating around four cents, it could eventually reach a dollar. Extrapolated out to $1, that brings Dogecoin’s capitalization to $129.43 billion. While CCL might be a recovery story in the post-pandemic world, it’s not going to see the same immediate bump that retailers or restaurants might see. Its longer-term … The live Dogecoin price today is $0.521207 USD with a 24-hour trading volume of $8,513,530,985 USD. Powered by meme virality, unique branding, and its eventual utility as a currency, Dogecoin is a perfect storm that is poised to soar. This website uses cookies. Get live crypto exchange rates, historical prices & charts for DOGE to USD with CoinCodex's free cryptocurrency calculator. There are others who will say these so-called "hope stocks" are simply momentum plays for the shrewd investor. 3. Dogecoin mining has no limit. DONT SELL. Let us explain why we think Dogecoin will hit $1. It’s only a matter of time until retail demand pressures exchanges like Coinbase and Gemini to fully open their platforms to Dogecoin. If I own … Imagine using Dogecoin as a way to tip your favorite content creators online. _______________________________________ SO FAR IT'S HIT RECORD HIGH AT 2 CENTSDogecoin emerged in 2013 as a joke. That seems unlikely in the light of Markus’s comments. 413.05 DOGE is equivalent to 1 USD, as Of September 13, 2019. msn back to msn home money powered by Microsoft News Connect with friends faster than ever with the new Facebook app. This, along with its originality and resilience, gives Bitcoin a strong brand foundation. supply is not available. AscendEX, formerly BitMax, an industry-leading digital... .jeg_footer .jnews_60a5fc82a2f37 .widget h2, .jeg_footer .jnews_60a5fc82a2f37.footer_light .jeg_footer_heading h3, .jnews_60a5fc82a2f37.footer_dark .jeg_footer_heading h3 { color : #fcbf46; } .jeg_footer .jnews_60a5fc82a2f37 input[type="submit"], .jeg_footer .jnews_60a5fc82a2f37 .btn, .jeg_footer .jnews_60a5fc82a2f37 .button { background-color : #fcb11e; }. Dogecoin (CCC:DOGE-USD) started as a joke, doesn’t have a use case and currently has a market capitalization approaching $7 billion. Decentralized ideas are often helmed by an unofficial but bonafide leader. Like the video game retailer, the company is bogged down with an antiquated business model that was dealt a knock-out punch when the pandemic hit. The GameStop short squeeze was propelled by viral memes in the WallStreetBets Reddit community. We used 0.511529 International Currency Exchange Rate. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1 US Dollar (USD) to DogeCoin (DOGE) from Sunday, 16/05/2021 till Sunday, 09/05/2021. In fact, I believe Dogecoin could reach one dollar per coin. Dogecoin isn’t capped at a certain amount of coins like Bitcoin’s famous 21 million supply. Its logo is a cute dog. It will clearly take some sort of use case for that to happen in my opinion. Branding is important. Currently, Dogecoin is trading at $0.002401 as of September 13, 2019. As a result, Doge is inflating, losing value over time, and is a bad cryptocurrency. About CoinSwitch After the GameStop frenzy this week, I’ve never been more bullish on Dogecoin. When Dogecoin hits one dollar, it’s sure to break the internet. This allows Dogecoin to be spent more liberally, without hoarding from early adopters that speculate its asset value from its limited supply. Champions of the altcoin chose April 20 or 420 to celebrate Doge Day with the goal of push up to the price to $1. Sometimes they're called story stocks, cult stocks or even meme stocks. It’s impossible to talk about hope stocks without leading with GameStop. Ask around — young people want Bitcoin, not gold. According to the technical analysis of Dogecoin (DOGE) price graphs, the price of one Dogecoin in 2030 may reach $1. "If someone is willing to buy a Dogecoin for $1, then that is what it is worth in exchange," the Dogecoin creator told Newsweek. But I would be willing to part with some Dogecoin. Bitcoin price news: 10 year forecast shows bitcoin ‘WON’T DIE’ Latest BTC prediction, Buy Signal? By continuing to use this website you are giving consent to cookies being used. The fact is that people are making real money by trading it. Dogecoin has utility in a digital future. Dogecoin is up 80% in a day and trading volume has spiked more than 800% as the altcoin sees a publicity surge with a familiar source.DOGE/USD 1 … For now, hitting $1 is a DOGE investor’s dream. Yet, in the wild times that may or may not become the new normal, the cryptocurrency has value. Accessibility and popularity will revitalize the coin. Imagine spending 6 Dogecoin to tip a YouTuber instead of spending 0.000182 Bitcoin to do the same thing. But at the same time, heed Markus’ point that nothing is really being produced by Dogecoin. Show full articles without "Continue Reading" button for {0} hours. It doesn’t matter if you have $500 in savings or $5 million. Contact About Privacy & Cookie Policy. As such, it was a heavily shorted security and Redditors set their sights on it around the same time as the GME phenomena. “#DogecoinToADollar”, which has recently been trending on twitter, may be a prophesy of what’s to come. Doge is a meme, and as we’ve seen, memes take on a life of their own. Most memes usually peak and die out, but some stick around. Much is possible in Cryptocurrencies. Dogecoin has become the No. CCL stock is up 70% from where it was when the pandemic struck, as investors prepare for pent-up demand to swarm the cruise industry once vaccination rollouts have progressed. Top Stock Picker Reveals His Next Potential 500% Winner, Stock Prodigy Who Found NIO at $2… Says Buy THIS Now. If recent headlines are to be believed, Dogecoin will continue to move upward and reach $1. He even bought some for his child. 1 US Dollar is equal to 0.50627160 Dogecoin. The cryptocurrency seems... Bitcoin price failed to stay above the key $42,150 support zone against the US Dollar. BTC is now down 40% from its highs, making this... Bitcoin price along with the rest of the crypto market plummeted today in a shakeout of epic proportions. But this doesn’t give space to abnormal fluctuations in the market. Convert 1 Dogecoin to US Dollar. Instead, we can expect cruise lines to recover behind long-haul airlines. The fact is that you can’t really do much with it outside of limited trading on Reddit and Twitch. If I own … Amazing Device Lights Up Countertops And Fixes Dark Kitchens, © Source: Sharaf Maksumov / Shutterstock.com, © Source: Christopher Penler / Shutterstock.com. But it’s not quite that simple. First, it’s costing Snap huge amounts of money to rope in and hold onto its users — rising operating expenses caused the firm to, Everyone loves a comeback story, particularly a year into a global pandemic. While that at first seems to strengthen the case for buying into the altcoin, it should be taken with a grain of salt. The markets keep churning out surprises, so maybe $1 is possible. Dogecoin has utility in a digital future. This psychological effect plays to Dogecoin’s advantage, as accumulating and spending the cryptocurrency online becomes a fun and convenient way for people to exchange goods and value. That is, until it’s not. There’s plenty of Dogecoin to go around. Of course he does. Dogecoin is symbolized by the Shiba Inu dog meme. Dogecoin recently hit half a dollar as investors seek to reach $1. Dogecoin is designed to inflate, with 5 billion coins being added to the 100 billion surplus each year. However, some of the long-term case does call for Dogecoin to move beyond its meme status. It has a circulating supply of 129,624,091,405 DOGE coins and the max. Their parabolic growth is expedited due to the inter-connectedness of our social media world. This isn’t the first time GME stock has had a monumental rise off the back of Reddit forums and retail investors hoping to make a quick buck — but this time it feels different. Similar to Bitcoin, Dogecoin also has strong and unique branding. Cole, the early adopter. The point here is that it seems somewhat outlandish that its value has already risen 20-fold since November. Even then, there will be concerns about carrying and spreading the virus at ports around the world (particularly those with slow vaccine rollouts). Plus, who doesn’t love dogs? But Tesla’s market cap and price-earnings ratio ratio suggest it’s the most valuable car maker in the world. In the most likely scenario, that doesn’t mean much because people buying GME for $275 per share probably don’t care much about cash flow and margins. The price of Bitcoin dips below $40k, triggering bearish sentiment. Before Musk and his army of TSLA fanatics clap back— let me say this— it’s not that Tesla has no growth story at all. But, it would also dilute existing shares, and could turn the Reddit crowd away. The electric vehicle maker is not in the same camp as GME stock or AMC. Dogecoin to a dollar is a meme, but it’s one that shouldn’t be underestimated. It’s ironic for something so silly like a dog-meme to be associated with such a serious financial asset. The future is digital and decentralized, and Dogecoin is contributing to this anti-establishment narrative. Dogecoin is most likely to go up in 2020 because of its high adoption rate. Just a couple of years ago, the price of Dogecoin was a few pennies. So we will take Dogecoin today, tomorrow, and possibly forever more.”. The alt-coin’s founders’ opinions about what it has become speak volumes to this. It should be noted that there is no current reason to consider Dogecoin as anything other than a bit of fun right now. With influential individuals like Elon Musk leading the Dogecoin choir, the cryptocurrency stands to gain from its growing brand popularity as hoards of young people share #DogecoinArmy, #DogecoinToTheMoon, and #DogeToADollar, spreading the meme mania on Reddit, TikTok, and Twitter. Like a virus, memes mutate and adapt, blending with other memes to appropriate trends. BTC is declining and it... Disclaimer: The text below is a press release that was not written by Cryptotelegraph.com. I've pulled together a list of seven such companies whose valuations have gone stratospheric based on what-ifs rather than operational effectiveness. Cuban’s $1 price prediction lines up with other bullish assumptions. I know that a Satoshi is the smallest unit of Bitcoin, but the psychological impact of such a small amount of Bitcoin matters to everyday folk. It was a joke. Propelling the Dogecoin zeal is Elon Musk, who regularly tweets about the coin and previously touted himself as the “former CEO of Dogecoin”. The brand gives it force. What is the current price of Dogecoin? Play that game if you want, I have no judgments against that. Ask around — young people want Bitcoin, not gold. Perhaps, a few months ago there existed a valid argument that the video-game retailer was in some way undervalued. Billy Markus, the co-founder of the coin, had this to say about what the reality of $1 Dogecoin means. In early March he announced that his NBA team will accept Dogecoin as a form of payment for tickets and merchandise. Microsoft and partners may be compensated if you purchase something through recommended links in this article. Right now the reason to buy Dogecoin frankly looks like simply trying to pass it off to someone at a profit. As the meme expands and its utility as a cryptocurrency is actualized, Dogecoin will grow in popularity and value. Lots of top expert and crypto analyst from reddit, YouTube and blogger posting about projection of Dogecoin and in that $1 USD is most common figure. This helps you measure the return on investment (ROI) of Dogecoin (DOGE) . At that price, Dogecoin would have a market cap of 1.2943 trillion. If GameStop wins first prize in the hopium stocks to buy race, AMC is the first runner up. 1. With fast transaction speeds and comparably low fees, Dogecoin has utility in a digital future. Dogecoin is a perfect storm of clever branding and utility, fomenting into a rebellion for regular folks to protest against the monetary system that has enabled the rich to profit in the shadows. Ask around — young people want Bitcoin, not gold. If you want to know how that’s going, just have a look at wide-body engine-maker. Everyone wants to buy the next, There’s no doubt that the pandemic has been a boon for Snap — forcing teenagers to isolate at home meant the group saw both daily active users and revenue per user rise considerably in 2020. There are many events that confirm that Doge coin can still in fact reach 1 Dollar: Elon Musk’s continuous tweets about sending Doge to actual space; Mark … The … Bitcoin Address : 3AhxNswMkD5tjJJ544NRCwWhCDXHJ5GTzqEthereum Address : 0x9627FB741C19e1a70E7006F2B0D0c26d14AA1816Bitcoin Cash Address : qq93an6n9unnu496vpcx684zekkmn4yk6g79kllf7dLitecoin Address : MKVphBBJkBbjSh4D6aFLds9XHE1rnS9iHW. Follow The Editor : It’s All Risky, Ecom biz owner | Stonk & Bitcoin Investor | Avid Reader | Fitness Enthusiast | Interested in Non-Duality | "Wake up Neo, The Matrix Has You...". And here’s the thing with Doge: it’s Lindy. But GameStop could offer up new shares to the hoards of internet traders clamoring for a stake in the meme stock— that would be a game-changer for the retailer as it attempts to live up to its massive market capitalization. Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1 DogeCoin (DOGE) to US Dollar (USD) from … Dogecoin is down 1.49% in the last 24 hours. What I can confidently say though, is that Dogecoin certainly can’t hit $10. It has a current circulating supply of 130 Billion coins and a total volume exchanged of $8,841,565,031. We have added the most popular Fiat Currencies and Crypto Currencies for our Calculator/Converter. Find the latest Dogecoin USD (DOGE-USD) price quote, history, news and other vital information to help you with your cryptocurrency trading and investing. Illustration by Alex Cochran, Deseret News Tuesday morning was a good morning for Dogecoin investors, who saw Dogecoin trade for $0.53 — more than half of a dollar, according to Forbes. The creators of Dogecoin built Doge to be a friendly introduction for the general public to the world of cryptocurrencies. Those who believe that Dogecoin is never going to reach 1 dollar/coin say that Dogecoin has too many tokens in use and an annual supply of 5 billion coins for eternity. as following that and our prediction we could see Doge crossing $1 USD probably after mid 2021 or in the beginning of 2022. know here: Dogecoin Price Prediction The page provides the exchange rate of 1 DogeCoin (DOGE) to US Dollar (USD), sale and conversion rate. As a cryptocurrency that has utility, strong branding, and is cheap enough for regular folks to afford a single unit of, Dogecoin may prove to be a force to be reckoned with. The prediction depends on the whole market situation and mostly on Elon Musk’s opinion. Doge became popular over the years because of its status as a meme, and it had the popular 'Shiba' doge as the face of currency. With enough individuals backing it, there’s nothing to stop Dogecoin from becoming a legitimate asset. Traders abandoned the subscription-based personal styling service after disappointing results that saw, Disruptive technology is a buzzword for investors looking for growth stocks to buy. But while Snap has managed to thrive as a stay-at-home stock, I wouldn’t say it’s one of the best social media stocks to buy. All Rights Reserved. Dogecoin remains interesting, but looks increasingly like its time is winding down. It’s hard to overstate the extent that shares of electric car maker Tesla are tied to hope. It makes a mockery of traditional cryptocurrency networks. Dogecoin Profit Calculator or you can say Dogecoin ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in Dogecoin (DOGE) in past. Mark Cuban: Dogecoin Will Hit $1 And Become a Stablecoin Mark Cuban thinks Dogecoin is headed straight for $1—and will stay there. Their hive mind virality spreads like wildfire in the cultural zeitgeist. So, you've converted 1 US Dollar to 1.954925 Dogecoin . 7 Stocks to Buy No Matter What the Treasury Yield Does, a revenue miss and pared down future guidance, 7 Biotech Stocks With Catalysts That Go Far Beyond Covid-19 Vaccines, Why Everyone Is Investing in 5G All WRONG. In fact, Dallas Mavericks owner and business icon Mark Cuban is optimistic, if less than 100% convinced of it reaching that threshold. Fundamentally, there is no scarcity inherent to the coin. It’s up to the people to decide what has value. Sure. That, Stitch Fix might be a surprising one to see on this list, considering SFIX stock has lost roughly half its value since the end of January. Short interest in the stock has dropped considerably and all that’s left to prop GME up are the index funds forced to hold it and a rowdy crowd of Redditers with “diamond hands.” It’s also different because GameStop has earnings on the horizon. Every dog has its day, and DOGE has just had its on April 20. #dogecoin buy buy buy, this isnt the time for panic selling, we will make it to 1 dollar — tom (@Temmoi_) January 29, 2021 Dogecoin is a community-based investing which is its biggest strength and sets it apart from other cryptocurrencies. Do this now. Will Bakkt Send Bitcoin’s price skyrocketing? WILL DOGECOIN HIT $1 TODAY? 2. Dogecoin to USD Chart DOGE to USD rate for today is $0.511132 . The reason? 1 US Dollar is 1.954925 Dogecoin. © Copyrights 2017 - 2021 Cryptotelegraph.com. “That would make the market cap larger than actual companies that provide services to millions,” Markus said. This is in stark contrast to Bitcoin (CCC:BTC-USD). This means if Dogecoin hits $1.00, it would have a market capitalization (or total value) of about $129 billion, making the third-largest cryptocurrency in the world. There are thousands of cryptocurrencies, so branding matters for public adoption. Speculation, hype, and affiliation to third parties can impact a coin’s price. They are not to be underestimated. But in many cases, they’ve become so far disconnected from the fundamentals that buying them is more of a bet on the market’s wider psyche than it is on the company itself. Cryptocurrency and blockchain technology is a movement away from centralization, and Dogecoin has a role to play in this revolution. Selling 1 US Dollar (USD) you get 0.50627160 Dogecoin (DOGE) at 16 May 2021 00:05:48 (GMT). Dogecoin F.A.Q. It's becoming more of a utility, he argues. Like us on Facebook to see similar stories, Procore Raises $634.5 Million in IPO Priced Above Range. When Dogecoin is easy to buy, store, and exchange, then the flood-gates of popular demand will catapult its worth to new heights. People want 1 of something, not a fraction of it. In conclusion, together with a lack of development and supply numbering billions, it is difficult for The current CoinMarketCap ranking is #5, with a live market cap of $67,561,024,428 USD. It’s just a meme, right? How much is 1 DOGE (Dogecoin) in USD (US Dollar). Like GameStop, Dogecoin is a movement for the little guy. If Bitcoin is Gold 2.0, then Dogecoin is the US Dollar 2.0. Gemini cofounder Cameron Winklevoss said, “If people believe Doge is money then it’s money.” Money is just a shared idea, and ideas that are memes tend to spread fast. For this reality to actualize, Dogecoin will have to become more accessible. Dogecoin’s prices have rallied in 2021 for several reasons. Other cryptocurrencies don’t have a logo as memorable or funny. It influences our purchasing decisions and our sentiment towards products, services, and ideas. Right now, Robinhood is limiting Dogecoin purchases on their app. The page provides the exchange rate of 1 US Dollar (USD) to DogeCoin (DOGE), sale and conversion rate. That gives it a higher probability of surviving even longer. Digitalcoin is more bullish on Dogecoin's future value, predicting the price will average $0.92 in 2021, $1.12 in 2022 and $1.82 by 2025. We all know how the market performed during the earlier bull run, leading Altcoin prices to reach new highs. Coinbase, the most popular US cryptocurrency exchange, currently doesn’t allow Dogecoin because, well, it’s always just been a shitcoin. When Musk or Baskin or even any army of Redditors brings DOGE into the spotlight, it gives the cryptocurrency a chance to hit $1. This of course comes with a caveat, as most people expect Dogecoin to reach a price of 1 Dollar. Like the GameStop phenomenon, Dogecoin is fueled by memes, fervor, and a decentralized community of retail investors. If I own Bitcoin, I don’t want to use it as a currency. The highly... After a display of strength in the past weeks, Ethereum dropped below $2,000 for a brief moment. Satoshi Nakamoto for Bitcoin, u/DeepFuckingValue for GameStop, and now Elon Musk for Dogecoin. If you want to play that game, and believe you can do so successfully, be my guest, so long as you remember that it is a game and will remain so until an exchange ecosystem is developed. The GameStop short squeeze has shown us that people are fed up with the financial establishment. You can convert US Dollar to other currencies from the drop down list. For Bitcoin to act as its intended purpose as the reserve currency of the world, it cannot be beholden to any state, country, or individual. It makes more sense to keep it as a store of value, as its scarcity gives it its worth. How many Dogecoins are there in a dollar? Dogecoin to a dollar has become a part of the meme. Visit our, Market Sentiment Hits Low As Binance Has Largest Bitcoin Inflow Ever, Lack Of “Capitulation” Volume Suggests Bitcoin Is Doomed To More Downside, Continue Reading From The Original Source, How Justin Sun Almost Caused Ethereum To Drop Below $1,500, TA: Bitcoin Breaks Key Support, Here’s Why BTC Could Dive Below $40K, Blockchain | Hack Script 2020 GENERATES Unlimited 100% WORKING bitcoin hacked, Forsage (Fast and Furious) – Fully Decentralized Matrix program on Ethereum Smart Contract , El Mejor Contrato Inteligente para ganar rápidamente Ethereum – BullRun 2.0, How to Transfer Trust Wallet money to your Bank Account | Open Alexa Smart Contract |, Ripple and XRP – The Convoluted Truth Behind XRP’s Creation, Bitcoin Cash ‘hard fork’ What you need to know about it. It’s been around for an unusually long time. The stock market is flush with stocks to buy that are buoyed by hope more than fundamentals. The most recent data from Coindesk indicates that over the last 24 hours, $106.90 million of value was transacted.
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