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If you’re looking for a simple way to buy Dogecoin with PayPal, all you need to do is sign up with a crypto exchange. You can access it online with a computer, smartphone, or tablet to quickly buy and sell Dogecoin and a range of other cryptocurrencies. The best platforms are listed below as well as a quick step-by-step guide on purchasing Dogecoin with PayPal. It’s not possible to know for sure whether dogecoin will reach the $1 goal, or even higher. One of the goals of those who were interested in buying and holding dogecoin was to get it to $1. Although the cryptocurrency lost much of its highest value, there are enthusiasts who still think it could happen. Cryptocurrency investments come with risks as they are not backed by a government. The U.S. Federal Trade Commission (FTC) explains: "Cryptocurrency accounts are not insured by a government like U.S. dollars deposited into a bank account.