Can doge go to zero?

[Sebastiengr]

What is the risk of the dogecoin going to zero? Given the fact that Elon talks on SNL next sat does it sound as a good idea to massively buy now? Thanks

 

[SpeedProxies]

its too big now, and used in quite a lot of stores to make it valueless or zero, it could drop in value or go up but not zero I am pretty sure...

 

[JavascriptPufferfish]

its too big now, and used in quite a lot of stores to make it valueless or zero, it could drop in value or go up but not zero I am pretty sure...

Also, it has a very fervent community backing it up. Some of those dudes have their life's savings on it. I can't see it going close ton0 unless something outrageous happens (like a hack, or a very ugly bear market)

 

[loukeyzee]

Should we buy before Saturday? haha

 

[SeedPhrase]

it's the #7th most valuable crypto on the planet now, I don't think it will go to zero ever...

 

[andyframpton]

Amazingly it to big to fail now.
If it drops below a certain price people will buy loads in the dip.

 

[nahid133]

no way it can be a big fat 0

 

[phoenix9]

Check what happen to XRP to find your answer.

 

[Sebastiengr]

What happened to xrp?

 

[TheGreyMatter]

Looking at its current fan following and popularity, it might fall down if it fades away but zero seems difficult.

 

[BabyJoker]

Idk what's gonna happen but I bought 200€ worth of Doge just to try out my luck. Hopefully Elon will give it a nice pump on 8th of May

 

[lokibyheart]

it has more chance to hit 2 USD then 0

good luck

 

[PinguSpy]

Bitcoin = mother of crypto currency
Ethereum = mother of smart contract
Dogecoin = mother of meme coin

Robinhood, and most of big exchanger, even big ecommerce platform did accept Dogecoin. So I doubt that.
The only question is can doge do $1.00 ?

But, I believe so many sell orders are set at $0.5 .. but smart money set it at $0.4 .. that is why it stuck under $0.5 currently. It still try to break it.
When I go to reddit, there's bunch of thread regarding majority of doge holders are aiming to sell their doge at $1.00
And I bet the smart money gonna set their sell order at $0.8

So, expecting the Doge coin market to crash before that time. When majority of them, dump their bags at once.. at $1 or before $1

That gonna cause bubble to burst and panic.

Unless doge still have another $50-$100b money to inject-maintain the value.

 

[eduguestpostseller]

Its almost impossible now that doge will hit 0. Its the biggest meme of the world so not a chance in anytime soon

 

[bartosimpsonio]

Only way it can go to zero is if someone was able to hack it somehow IMO

Very low odds considering it's been out there for almost 10 years.

 

[Nikolaos]

Dogecoin is owned by 4-5 whales.If one decides to sell, yes it could probably diminish in value.

 

[TheVigilante]

No one can make predictions dude let me sum this up with a quote:

“Far more money has been lost by investors trying to anticipate corrections, than lost in the corrections themselves.”