Dogecoin (DOGE) Will Become The World's Favorite Coin in 2020 - Page 19 - Coins / Tokens Talk - CryptoTalk.Org Jump to content
Yanadia

Dogecoin (DOGE) Will Become The World's Favorite Coin in 2020

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There are just too many of them available, and it would take some massive demand and buying to boost the price even a little bit. So far that demand has never materialized, and I don't expect it will.It was revealed in 2013 but even after 7 years it is not even worth one dollar. According to some price predictions, Doge price will reach around $0.20 in 2030. 

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On 1/4/2020 at 10:55 PM, Yanadia said:

Right now, it looks like Dogecoin's popularity is skyrocketing.  Many studies have speculated that this coin might become one of the most popular cryptocurrency in the world by the end of this year.

How do you thinks about this guys ?? Is it truth or fake ?

I think its fake! And it was only a personal assumption because we know that "Dogecoin is a meme coin", that's why it was popular, But not that popular like Bitcoin and Ethereum, By the way the 2020 ending is nearing already, But it seems like Dogecoin is the same as it was before and no shadow of turning It was still the same Dogecoin as before so I think it's better to put it that way. 

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There are just too many of them available, and it would take some massive demand and buying to boost the price even a little bit. So far that demand has never materialized, and I don't expect it will.In progress dogecoin has slow movement than others. 

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Dogecoin has gotten one of the best spending cryptographic forms of money in the historical backdrop of crypto. In spite of the fact that it may not be the most alluring coin from a speculators viewpoint because of its boundless gracefully, there is no uncertainty that its huge amicable network, confounded looking canine, and 'much goodness' has made Dogecoin one of the most profoundly esteemed and longest enduring cryptographic forms of money to date.

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On 11/11/2020 at 6:08 AM, Gur said:

I think dogecoin is profitable but in 2020 its values will be remain as same as today's.  It will not give a more profit but you can get average profit from it. 

How is doge profitable in 2020, you need to check the price yourself to see that doge has never being a good coin this year, it was at $0.026 before the year began, and now at $0.029. there have been good coins like bitcoin, ethereum, ripple and litecoin that have gained so much. 

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Although as we have already noted doge, it is a coin that projects very well. But only to fulfill a very specific function and is that of exchange. People use it only for transactions because of the cheapness of their fees. But beyond that popularity is a currency that its high supply will not allow it to reach a high price. So don't think about holding Doge and becoming a millionaire.

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Perhaps but not sure if market will high then doge will increase and nowadays many other firms are best and we know how it works. its complicated to world favorite in 2020

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doge's market cap might be increasing but that's mostly because there are so many coins in circulation and there's no end in sight.  But that's also the reason why any single dogecoin won't ever have a high valuation.

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Dogecoin is one of the most popular cryptocurrencies in my opinion. Recently, it has attracted attention with its generally rising graphic, although it exhibits a particularly fluctuating graphic. It is definitely a great time to buy and sell dogecoin. I think one of the most popular cryptocurrencies of 2020 is dogecoin.

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Yeah, doge's market cap might be increasing but that's mostly because there are so many coins in circulation and there's no end in sight.Doge is popular, no doubt, but I don't consider it a great coin to invest in.  It makes a much better coin for spending.But that's also the reason why any single dogecoin won't ever have a high valuation.  There are just too many of them available, and it would take some massive demand and buying to boost the price even a little bit.  So far that demand has never materialized, and I don't expect it will

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The coins price has no future but still doge is doge and it is already popular and i don't think it would get any popular than this.

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There are just too many of them available, and it would take some massive demand and buying to boost the price even a little bit. So far that demand has never materialized, and I don't expect it will.When Bitcoin starts to increase in price dogecoin and many other average coins will follow the bitcoin uptrend.

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On 11/11/2020 at 6:08 AM, Gur said:

I think dogecoin is profitable but in 2020 its values will be remain as same as today's.  It will not give a more profit but you can get average profit from it. 

And the price did not remain the same, doge was able to make 1.5x even recently in the recent bull run before the bull trap results. 

On 11/26/2020 at 1:03 PM, Kobitor said:

But that's also the reason why any single dogecoin won't ever have a high valuation. There are just too many of them available, and it would take some massive demand and buying to boost the price even a little bit.  I can only imagine it being hard to be taken in full seriousness.

Over 21 billion doge available, but not only that matters when I read about the coins and what their price can be. It also depends on the algorithm the coin is using also also the starting price of the coin. 

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There was no way for this to happen and no reason for dogecoin to become the top cryptocurrency. It has a good place right now and it was always in the top 100 coins but this doesn't mean it will be adopted more than now. I like dogecoin but it has inflation and very large supply that doesn't make it a really good investment.

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I don't know of any study that claim Dogecoin to be the most popular coin or have the potential to do that. The volume of this coin is low and it is not used as much as other cryptocurrencies. We have other coins that are better in technical terms and Bitcoin will  be the most popular for a long time.

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On 1/5/2020 at 3:54 AM, tienda said:

If you mean Dogecoin Doge will become the worlds favorite coin in 2020 for those who are interested on invest on it I dont agree that, Dogecoin is good but the problem his price from his creation today never rise a high price,

Yes sir, Doge coin is a good coin but his price never rise in the market. I bought Doge coin in the past hoping Doge coin will give good profit but I was wrong. Now doge coin price is stable, so doge coin will not become popular coin till coin price increase.

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Doge is good coin but not something that can be favorite coin for any year. It is just a joke in a good sense though and people like the doge meme so it gained popularite but it will not rise from the low price it has and it will probably be lower as it doesn't represent a 500million market cap for no reason.

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On 1/4/2020 at 4:55 PM, Yanadia said:

Many studies have speculated that this coin might become one of the most popular cryptocurrency in the world by the end of this year.

I am not known about this my dear, where are these studies beacuse Doge wasn't bad for the year but it was done worse from Bitcoin or a few other coins so it is not proven that this studies were correct. I am think you are have to check the facts before make a post about studies and give also links to them.

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On 1/4/2020 at 4:55 PM, Yanadia said:

How do you thinks about this guys ?? Is it truth or fake ?

Fake of course, and probably where you read it, it is someone with heavy doge bags that wanted to sell at some higher price. Doge is one of the good coins that we love but it doesn't have nothing better to do from Litecoin. We only use Doge because it is funny and we need fun in our lives.

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The fate of dogecoin isn't great because there is no real technology or developers behind it. It is a coin that crypto whales keeps on pumping and dumping with every altcoin season. My experience says that nobody should invest in Dogecoin. It's going to be a dead coin.

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It is impossible for Dogecoin to be more popular than Bitcoin or many other altcoins like Ethereum, Eos or Litecoin as there is big support from communities while for Doge this support is smaller and there are only some people involved a few developers and not working full time either. Doge was always a side project, it is loved but not anything that we can call serious.

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On 1/4/2020 at 5:55 PM, Yanadia said:

Right now, it looks like Dogecoin's popularity is skyrocketing.  Many studies have speculated that this coin might become one of the most popular cryptocurrency in the world by the end of this year.

How do you thinks about this guys ?? Is it truth or fake ?

Yeah dogecoin i one of the famous coin in the cryptocurrency world, and it had so meany investors, but now the price is keep falling and drooping and its loosing its investors and there are less and less interests on this coin.

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Dogecoin is nice but it is not the most popular or favorite coin. It has low adoption and very difficult trading so it is not preferred as these study that the post claim say. I am think that there is a good coin in Dogecoin because of the low fees but this is it about Doge. It is not different and is the same program with Bitcoin like many other coins so I am prefer invest in the one that everyone is. I can not trade doge either it is very difficult.

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Well I think these assumptions and predictions has been proven to be completely invalid, for the year 2020 you will agree with me that the Doge coin is not even amongst the top 10 performance and popularity wise

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On 12/4/2020 at 3:49 AM, Frodler said:

Well I think these assumptions and predictions has been proven to be completely invalid, for the year 2020 you will agree with me that the Doge coin is not even amongst the top 10 performance and popularity wise

Yes, in two weeks we will leave 2020, over the past year Dogecoin hasn't shown much movement, I'm not surprised because that's how Dogecoin has always been,
But if you look at the market capitalization, Dogecoin has made great developments, even though the price movement of Dogecoin is very slow, but Dogecoin is able to stay in the top 50 market cap.

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Technical analysis tools are clearly devoid of such disagreements. Therefore, all 100% of trend indicators and oscillators on D1 point north, with 20% of the latter already in the overbought zone. It should be noted that while the green/north color of indicators regarding the British pound indicates its strengthening, in relation to the yen, it signals its weakening. Therefore, we advise paying attention to the GBP/JPY pair, whose dynamics have been very impressive lately.   The nearest support level is around 156.25, followed by zones and levels of 155.25-155.45, 154.60, 153.60-153.90, 153.00-153.15, 151.85-152.35, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, and 146.50. The nearest resistance is in the zone of 157.20, followed by 157.80-158.00, 158.45, 159.40, and 160.20-160.30.   From the events of the upcoming week, we recommend noting the speech of the Bank of Japan Governor Kazuo Ueda on Monday, 27 May, as well as the publication of consumer inflation (CPI) data in the Tokyo region on Friday, 31 May.   CRYPTOCURRENCIES: A Week Under the Ethereum Flag     In 2024, the crypto community began gradually forgetting the term "crypto winter." However, there was no talk of a "crypto spring" either. After the halving on 12 April, in the absence of a bull rally, small traders and speculators began selling off their coin reserves. According to The Block Research, the rate of opening new BTC wallets fell to a six-year low. However, the whales buying digital gold for the future prevented a complete collapse in prices. And finally, at the end of the calendar spring, it seems spring has come to the crypto market. And it was awakened by the Federal Reserve System (Fed) of the USA with its monetary policy. According to analysts, the surge in investments in digital assets was a response to the May consumer inflation (CPI) report in the US, which positively impacted the risk appetites of institutional investors.   According to CoinShares, investments in crypto funds increased by $932 million from 13 to 17 May, after an inflow of $130 million the previous week. For the first time, there was an inflow of $18 million into Grayscale's ETF. This sharp increase in BTC-ETF investments, the highest in the last nine weeks, triggered a sharp rise in bitcoin on 20-21 May, approaching $72,000 for the first time since 09 April.   After bitcoin rose above $71,000, its price updated historical highs in the local currencies of several Asian and South American countries. According to CoinMarketCap, in Japan, BTC reached a record level of 11.2 million yen at the start of trading on 21 May. This is the first case where the flagship asset's price exceeded 11 million yen. Digital gold prices also peaked in Argentina, where the leading cryptocurrency reached 63.8 million Argentine pesos, slightly above the maximum on 14 March.   In the Philippines, one bitcoin briefly rose to 4.18 million pesos, the highest since mid-March 2024. In several other countries, BTC prices also equalled or were very close to mid-March's maximum prices: in the UK, Australia, Canada, Chile, Colombia, Egypt, Israel, Norway, India, South Korea, Taiwan, and Turkey.   However, the Fed and American macro statistics, having awakened the markets, also calmed them. After strong business activity data in the US, BTC/USD returned to the support zone of $67,000. Another (and probably the main) reason why bitcoin could not update its historical high was its main competitor, ethereum, which drew investors' attention. (More on this below).   QCP Capital expects bitcoin to reach $74,000 and update its ATH (All-Time High) in the coming months. According to the company's economists, institutional acceptance of cryptocurrency is accelerating, and improving conditions in the global economy create conditions for capital inflows into risky assets. The US presidential election, scheduled for 5 November 2024, is also starting to have a strong positive impact on the cryptocurrency market.   Cryptocurrency themes continue to strengthen in the pre-election rhetoric of candidates seeking to gain the votes of the crypto community, which, according to NYDIG, numbers more than 46 million citizens in the US, or 22% of the adult population. Haseeb Qureshi, Managing Partner of Dragonfly Capital, believes that in such a situation, the administration of President Joseph Biden will soon be forced to ease its policy regarding the digital asset industry. A complete turnaround is not to be expected, but a softening of the position will still occur, Qureshi said.   CNN has recently reported on upcoming debates between Biden and his competitor, Donald Trump. The incumbent president will have to answer a number of uncomfortable questions about the harsh policy towards the crypto industry, which led to the outflow of cryptocurrency capital, the closure of large companies, and high-profile lawsuits. From Donald Trump, who turned the topic of cryptocurrency into a weapon against his opponent, in addition to attacks for the current state of affairs, loud pre-election promises can be expected, which could lead to significant volatility in the crypto market. Possible participation of Elon Musk, who expressed willingness to become a moderator, and independent candidate Robert Kennedy Jr., should enliven the debates, the first round of which is scheduled for 27 June, and the second for 10 September.   The main beneficiary of the past week was not bitcoin but ethereum. On Monday, 20 May, news reached the media that the US Securities and Exchange Commission (SEC) asked companies to update Form 19b-4 in applications for launching spot Ethereum ETFs in an accelerated manner. After these news, the financial agency Bloomberg immediately raised the chances of such funds being approved from 25% to 75%. Against this background, the leading altcoin quickly outpaced the flagship cryptocurrency in terms of growth rates.   The deadline for the first two applications from VanEck and Grayscale was Thursday, 23 May. Shortly before the X hour, ETH/USD reached $3,947, showing a growth of almost 30% in three days. According to Coinglass, the amount of liquidations and forced closures of short positions on crypto exchanges amounted to $340 million. A total of 78.8 thousand positions were liquidated, and the largest individual liquidation occurred on the HTX exchange for the ETH/USDT pair for $3.1 million.   The SEC did not disappoint expectations and on 23 May approved not two but a total of eight applications for the issuance of spot ETFs based on Ethereum and gave the go-ahead for trading and listing these funds on exchanges. According to Variant Investments Chief Legal Officer Jake Chervinsky, this step signals a "significant shift in US crypto policy, possibly more important than the ETFs themselves." This may also mean that recognizing ethereum as a commodity, the regulator will not categorize many other altcoins as securities. According to Rekt Capital, the market is already on the verge of an altcoin rally, the peak of which is expected in July.   Experts expect significant capital inflows after the listing of ETH-ETFs and believe that billions of dollars will be invested in derivatives in the first week after trading starts. Analysts from QCP Capital believe that the altcoin rate in the short term can rise to $4,000 and exceed $5,000 by the end of the year.   An even bolder forecast is given by Standard Chartered Bank economists. They expect capital inflows into such funds in the first year to range from $15 to $45 billion (2-9 million ETH). In this case, the fund's demand will lead to the asset's rate rising to $8,000 at a bitcoin rate of $150,000. Moreover, if market dynamics are positive, by 2025, the price of Ethereum will reach $14,000, and bitcoin's rate will increase to $200,000.   As of the evening of Friday, 24 May, BTC/USD is trading at $69,900, and ETH/USD at $3,735. The absence of an immediate pump and some drawdown of this pair on 23-24 May can be explained by the fact that everyone who wanted to has already managed to buy ethereums ahead of the SEC's historic decision. The total cryptocurrency market capitalization is $2.55 trillion ($2.42 trillion a week ago). The Bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has not changed and remains in the Greed zone at 74 points.   And in conclusion of the review, forecasts from Artificial Intelligence. The latest version of GPT-4o from OpenAI believes that the price of bitcoin on 1 August 2024 will be in the range of $76,348 to $89,108 "considering current market factors and historical trends." GPT-4o's competitor, the anthropic AI model Claude 3 Opus, has formed an even more optimistic vision, designating the range between $105,072 and $167,808 by the indicated date. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Там то и тыкать не особо нужно, включил и пускай фармит. Это в других тапалках (и то не во всех) нужно каждый раз тыкать, тут почти пассив 😉
    • Полиция Южной Кореи раскрыла крупную группу криптомошенников   Южнокорейские полицейские арестовали 19 человек, которые выступали участниками мошеннической группы, действующей в социальных сетях. По данным властей, задержанные управляли открытым чатом, через который обманули сотни криптовалютных инвесторов.   Изначально мошенники предлагали пользователям чата законные способы вложений в цифровые активы, используя их некоторые инвесторы даже смогли получить прибыль. Такие действия преступников должны были усыпить бдительность, чтобы в дальнейшем люди без раздумий инвестировали в незарегистрированные криптовалюты. Когда инвесторы поняли, что их обманули, они потребовали вернуть деньги, но мошенники к тому времени уже заблокировали доступ к чату.   В результате расследования правоохранители выяснили, что в сети мошенников попали 308 человек, которые в общей сложности лишились примерно $19 млн.   По данным полицейского управления Южной Кореи, ещё как минимум шесть преступников находятся на свободе, скрываясь в других странах. Интерпол уже получил «красные уведомления», предписывающие арестовать их. Все участники мошеннического чата были завербованы главарём, чьё имя пока не раскрывается. Он помогал им незаконно въезжать в страну, а затем забирал у этих людей паспорта и мобильные телефоны, чтобы принудить к сотрудничеству. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2425428
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