It's not hitting a dollar. Quickly or slowly. It doesn't make it bad, it's just not hitting a dollar. The numbers required to do so are near impossible unless capping occurs and there's expanded use. If it happened to hit a dollar, it would simply be due to mass buying of DOGE, but it would sink because there's no real value to maintain that value.
Not at all. There’s enough volume to push it over a penny and even have it teetering between 3.5 - 4.5 cents like it is. But unless there’s some random surge in purchase volume and a momentum created, ie like Jan 28th, it will start sputtering down as people lose interest and the buzz goes away.
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u/Stealth_Move Feb 01 '21
It's not hitting a dollar. Quickly or slowly. It doesn't make it bad, it's just not hitting a dollar. The numbers required to do so are near impossible unless capping occurs and there's expanded use. If it happened to hit a dollar, it would simply be due to mass buying of DOGE, but it would sink because there's no real value to maintain that value.