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

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1 hour ago, jore1 said:

Dogecoin's popularity in the world is increasing day by day, it cannot give you enough revenue and the current price of dogecoin is really not good....

Dogecoin is currently a favorite coin despite its low value because it is not just the value that makes a coin popular. Dogecoin may be less than one cent but its volume is higher than many other coins with much more expensive prices. One of the reasons Dogecoin is popular is that it has a great community. In the early days of revealing Doge, some wallets were hacked but the community collected money to compensate what other members had lost! This is a great level of support. All being said, Dogecoin is not the number one coin in the world but is always among the best.

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On 1/4/2020 at 3:55 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 recommend all people to hodl Dogecoin since 2013. It was my favorite coin untill 2019. Now my favorite coin is Stellar Lumens (XLM) but I think that DOGE price will skyrocket in the future. I remember when 1000 Doge was equal to$0.10 and now 1000 DOGE is equal to $2.70. In Jan 07, 2018 1000 DOGE was equal to $17 for a short time period...

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On 1/4/2020 at 4:55 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 ?

What indicators are you using to measure popularity? Because to me doge popularity has been diving hard from their golden days. 

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this coin has no usecase but yes this is true that peoples like this coin more than other alts.it is listed on the big  exchanges and the transaction fee is some doge coin i mean very low fee.mostly peoples buying this coin for transaction from one exchange to other exchange.i do the same thing.

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Doge coin was never that popular in the market and it is hard to belive that it will be in 2020. The price is very low and they don't have such a big volume daily so I don't think it will become big in 2020 

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Welcome with me
I dismiss this dream about Dogecoin coin, long ago its price has not progressed to the best
It is really a popular currency, and it won fame, but now it suffers, I fear death
 

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It would be wonderful to raise that currency to good levels. Many of those who started have that currency because it is one of the easiest to choose, it would be very good to raise it.

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The field of digital currencies has its own market and also there are many ups and downs and disturbing to any extent novice or experienced, no one can predict a certain thing in this field and I feel that when the gain, I exchange currencies directly

 
 
 
 
 
 

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In my opinion Doge has the potential to double its price just we don't know when that will happen. doge has high value on many exchanges which is very good

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3 hours ago, llowrichmu said:

Yes, I too accept that  dogecoin will be most favorite coin of 2020, as Ethereum was for year 2019. These days dogecoin is picking up ubiquity no question and the coin advertise cap moreover appears the same status.

Many people also have the same thought, but can you give a more detailed explanation about your opinion that agrees dogecoin will be a favorite coin in 2020? because if you look at its development, dogecoin has a fairly slow development, but does not deny that dogecoin already has a large community. but we also have to open our eyes, that it will be very difficult for a project to become a favorite coin in 2020 if the development of coins is still slow.

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Dogecoin is already world famous coin not to show in future, most of peoples use this coin in transaction, because this coin transaction fees low and confirmed quickly, but i don't think dogecoin prices increase in future, because this coin supply huge and this coin mining also cheap so I think dogecoin prices never increase.


 

   

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Dogicoin has gained a ration of popularity before, and in 2020 we anticipate that Doggie Coin will secure a allocation of popularity, and that is the expectation that Dogicoin's importance will increase.
 

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well i don't think  that doge will able to roll in 2020 simple becaus ei t has nothing special to give us. why would we trust doge more than ETH? is there nay new information that your thoughts are based on?

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On 1/4/2020 at 3:55 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 ?

Much wow, Dogecoin is my favourite altcoin not just because of its stable price, fees and community. Basically Dogecoin is already very popular and will have a great future. There is no maximum coin supply as we have infinite shibes to supply. Eh, sorry for the memes. 😆


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On 1/4/2020 at 3:55 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 bought dogecoin from 1 day ago about 1000 from my earnings here, because i think dogecoin has new future.... what if dogecoin went 1 usd today will i be rich?😎

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

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

It could be true. DOGE has seen a recent pump sometime in early February this year, but haven't been able to keep up the rally and is now back down, as well as other coins in the market. What a coin needs is real utility, not just popularity alone.

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I read newspaper online Musk is a known fan of Dogecoin so far

This is not the first time when the Tesla CEO has expressed his positive stance to Dogecoin though. In April 2019, Elon Musk tweeted that DOGE “might be” his favorite cryptocurrency, adding that it’s “pretty cool.

source:

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For me, I do not like this currency because its price is almost constant and it never moves, and I do not invest in such currencies because it needs a very long time in order to get a profit from it.


I am very happy to be here to help everyone,
If you benefit from my comment, do not forget to click on  ❤️

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It is a forex broadly chronic notwithstanding its cost has been frowzy because a lengthy time. In my litigation I use it in accordance with method payments yet obtain to them due to the fact the transactions are received outdoors quite quickly or the commissions are low.

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Doge coin is not going to replace bitcoin or ethereum if that's what you mean, only coins that has a great over all performance in every aspect are going to be on top.

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On 3/5/2020 at 5:37 PM, Rebecka Nordin said:

Yes I know Dogecoin is a bit popular, and maybe more popular in the future, but Bitcoin is the most popular right now, because the value of coins is more popular, so Bitcoin is more popular now

Doge was popular from the time the coin was launched. So I don't think there is any need to doubt its popularity. I am currently waiting for an increase in price that can bring benefits to us, doge holders.


 BTC: 3PmWotSGNLYiQtQgmRctqAAWVMtAayf282

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Its popular,but supply of dogecoin cant up in price. Dogecoin is meme,just meme,not as investment or good thing,which can rise

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It is a popular currency, which will surely continue to remain within the favorites, the value that it has today will sometimes sound as high as all currencies, but I do not think that its value increases significantly unless they detail an ecosystem that supports the value of the currency. .

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2 minutes ago, kingofsay said:

Many studies suggest that this currency may become one of the most popular cryptomics in the world by the end of this year.

But how independent are these studies?

 

Looking at the market, and how DOGE performed, it remains a small altcoin with high risk ... to me it does not look like a candidate for the #1 position. Certainly not by the end of this year.


Finally a currency which I believe might become a stable coin with a good future (community controlled Ecoin)

Look, read the FAQ, and sign up for free here: https://ecoinofficial.org/referral/n9zk2s0

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The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. 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/ 
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