DOGE to $1.00 and Then What $10? Tesla Owns BTC not DOGE?
Yes Dogecoin will most likely hit $1 in the short to mid term. Why wouldn't it at this point? Everybody believes it will hit $1. Back during the Wallstreetbets pump I said Dogecoin wasn't going to a $1 in the short term during that period. Since then things have rapidly changed and the Dogecoin nation and Elon Musk will make a dollar Dogecoin inevitable. In my opinion Dogecoin is more than a meme coin now in many ways its a political statement and another widely globally trusted network. We've hit the 1.618 on the Fibonacci levels and now we're eyeing the 2.618 at $1.00.
Many people ask me if they should buy Dogecoin. My answer: "Tesla owns Bitcoin not Dogecoin." I repeat. "Tesla owns Bitcoin not Dogecoin. One has to ask themselves as much as Elon Musk loves Dogecoin why wouldn't Tesla actually publicly announce they invested in Dogecoin? Maybe they will though but as of now that's not the case.
It comes down to if you're in this for the short term or long term. Short term Dogecoin is very hot and I believe it will go past $1.00. But understand that Dogecoin is an inflationary coin, meaning it has an endless supply that grows rapidly every year as time goes on.
Now for a $10.00 we need roughly a $1 Trillion dollar marketcap for DOGE. If you're investing in in Dogecoin now you should ask yourself is Dogecoin a 1 Trillion dollar market in the near future?
As always much peace, love, health, and wealth!
Many people ask me if they should buy Dogecoin. My answer: "Tesla owns Bitcoin not Dogecoin." I repeat. "Tesla owns Bitcoin not Dogecoin. One has to ask themselves as much as Elon Musk loves Dogecoin why wouldn't Tesla actually publicly announce they invested in Dogecoin? Maybe they will though but as of now that's not the case.
It comes down to if you're in this for the short term or long term. Short term Dogecoin is very hot and I believe it will go past $1.00. But understand that Dogecoin is an inflationary coin, meaning it has an endless supply that grows rapidly every year as time goes on.
Now for a $10.00 we need roughly a $1 Trillion dollar marketcap for DOGE. If you're investing in in Dogecoin now you should ask yourself is Dogecoin a 1 Trillion dollar market in the near future?
As always much peace, love, health, and wealth!