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The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

No, I don't see Twitter having an influence on Dogecoin but Elon Musk does.
Whether he still owns Twitter in the future or not, it was not a factor for Dogecoin to die. And I don't think Dogecoin will simply die for that reason.
Remember that we are in bear season, the entire market is suffering a huge price markdown and Dogecoin had not escaped from it. Yet, it was not how we measure if the project is dying or not because I know that this coin will still survive even without Elon Musk's support

Twitter has no positive correlation with dogecoin's emergence. It was just Elon musk's influence which contributed with the previous uprise on its price.

To answer whether it is dead or not, unfortunately it could be but it can also still recover. That's the problem with tokens having no utilities;they tend to rely solely with demand. So if there are no demand for it, you won't see its market value reaching ceilings. Unlike with utility tokens wherein , its usage could be a factor to catch the interest of investors towards it giving a stronger support for its market value.

I know that Elon did a lot for Dogecoin's price during the bull run but everyone should move on that Elon just did it for the hype. And thinking that every move he does and his companies like Twitter will have an impact to Dogecoin's price, there's no correlation on it.

With the result poll Elon did if he should remain as CEO and will abide to the result of the poll, it seems that he's going to step down as CEO of Twitter if he really mean what he said.

And for the price of Dogecoin, it's survived a lot of tough times even if there's no Elon and hype.

I think dogecoin will be affected by the way Elon moves, maybe if you have a different view and a different way of measuring a project that's normal.
But when it comes to Dogecoin, it has a lot to do with Elon Musk, If Elon Musk has resigned from his post. The Dogecoin Army's aspiration that Dogecoin will be used as a means of payment on Twitter can be destroyed, the plan was traded before the purchase of Twitter so that the last two weeks in November many bought dogecoin.
I think most investors will pay attention to this and withdraw their investment funds.

It's more likely that Elon will leave the CEO position of Twitter, but that doesn't mean it doesn't belong to him, just that he appoints someone else, and Elon is the one who influences Doge, not Twitter. As long as he continues to support it, the doge won't die.

I agree with this, Doge is hyped for having Elon but even without Elon's backing is very difficult to die. It will probably go back to its original position and go unnoticed but it won't die.

It's already dead for several years that's why it become a meme coin. However, when Elon suddenly started to promote Doge, people thought that it was a good coin to buy and hold. But if you look at he richest wallet of Dogecoin, only a few of them owns it actually.

And now that the hype of Doge is gone and Elon somewhat not promoting it and because we are in a bear market, the price simply goes down.

We will see what's the movement next bull run though. If Elon will suddenly revived it again or not.

I think you can say any coin is dead now, not just doge. Exactly the same was true before the previous pump in 2020 when all crypto was at the bottom. No one could have imagined then that doge would make such a huge rise. Now that everything is down again, many say this or that coin is dead. But that will all change when the bulls come in.

Actually I could agree with that. Almost all coins and tokens are down heavily and this kind of market is definitely in a danger zone for panic sellers. They will realize that today is the time of accumulation and those who already gained their shares are probably buying a lot of stock now for the bull explosion.

We never really know really the status of the coin or token in the bear market we only know it when the market started its bull run my portfolio is down 60% but I cannot blame any token or coin in my portfolio because of the bear market, to say that Dogecoin is dead when the market is in a bear market and almost all coins are going down is like looking blindly in the market condition, and Dogecoin has nothing to do with Twitter for all we know Elon Musk is just taking us for a ride.

If Elon steps down as Twitter CEO why would that affect the dogecoin market? I don't see a relationship between dogecoin and Twitter, I mean we can't use the coin in the platform so why would it affect it?

Maybe Elon is a dogecoin holder, but he hasn't mentioned anything about selling his coins, so, if we see now dogecoin going down, that's because all the coins are going down now, and that is not Elon's fault. That's just how the markets are right now.

Dogecoin is not dead and is actively traded on many leading exchanges such as Coinbase, Binance, etc. It has also become the most popular cryptocurrency on social media, surpassing Litecoin and Shiba Inu. so I don't see a problem for dogecaoin yet.

It's not dead yet but i guess if elon will be signing out as CEO of twitter and then it will erase all of dreams by doge coin supporters to see doge coin to be adopted as a tipping jar (https://watcher.guru/news/elon-musk-now-owns-9-of-twitter-dogecoin-tipping-jar-to-follow) in the twitter.

The speculators may not try to speculate even more about the future of doge coin and that will be making people try to moving their money again to the another token in the market.

It's not twitter's power but elon's power that was greatly affecting the price of doge coin right now.

That's just bummer. But Doge didn't die even before Elon I think Doge will still be around for there are tons of its supporters not going to give up.

Elon stepping down as CEO is just not right as he started the war for free speech on Twitter, I'm suspecting he got scared by the threats of a political party. Or he realized he just realized he can't win in turning twitter into the world's town hall.

All of this analysis for a meme coin ? I wouldn't be doing that if I were you.
Doge coin is a pump and dump coin in my perspective which has no real usecase but a large fanbase.
It has high volatility due to the large fanbase which buys it and then sells it as per Elons comments.
No wonder its dumping hard.

I think the only relation of dogecoin is with Elon Musk but not most likely with Twitter, so it didn't affect dogecoin even though Elon Musk is the CEO, but the bear market affects most of the coins that were previously performing well and they were told that will pump shortly but not performing well now.

Investors lost huge amount of money after investing on Doge coin during the 2021 bull run hoping that it'll hit $1 per coin. Now the market is bearish and the coins with lesser price surfer it more. That doesn't mean dogecoin will die, people still watch the price performance and it has made name amongst other memecoins and many investors don't know its a memecoin due to the hype it got last year.  Whenever the market corrects and price starts increasing, investors will choose dogecoin again. I thought Elon will initiate dogecoin as a payment method for twitter blue tick. That would have helped the coin get a use-case.

According to my experience is that not anyone easily say this time Dogecoin are dead are not but i say simple is that this time Dogecoin very down but the Elon musk support this coin so according the situation of market the Dogecoin are down but its a chance that the Dogecoin Coin again high and they again come to his price .
So this time not sure anyone Dogecoin are dead are not.

The fact that even correlates what Musk does, says a lot about fundameltals of doge. I would rather see it going down the drain but it probably never dies.

If i have learned one thing from markets it's this:
Never expect the markets to act rational and never underestimate the buying power of stupid people.
Markets act like en entitled stupid kid that gets easily scared but at the top, like they would have figured it all out and nothing can hurt them.

Why didn't you even start with a complete quote so we know the source? On the Dogecoin issue, you should know that Elon didn't become Twitter's CEO at the time he started shilling Dogecoin and so I don't see what will change if he isn't CEO anymore or some weird stuff like that. That Doge is dropping in price cuts across, even Bitcoin itself has its fair share of the dip. I don't think there's anything wrong with Doge ATM and no; it's not dead.

It's a bear market right now, all coins are trading very poorly because there is little liquidity in the market. It doesn't matter if it's DOGE or Bitcoin. Musk stepping down as CEO changes absolutely nothing. If Musk becomes an ordinary Twitter user again, he can just as well publish his tweets, which will raise the price of DOGE, and he does not need to hold any position in the company for that.

We all know that Dogecoin has grown in price thanks to the actions and statements of Elon Musk in relation to this coin that this coin has a good future and it will grow in price. Such coins usually also fall rapidly on their own some time after their rapid growth in value. Especially since Dogecoin does not have any useful features. Apparently, this coin will lose value gradually, unless, of course, something unforeseen arises that speeds up this process.

This is true, and today we are seeing how crazy that dude could be, and how there is a big blowback to him. He does polls about many things and always loses for one single reason, the users of his own company doesn't think the way he thinks and that's the issue. He asked about so many things and in the end he literally lost the "should I step down as head of twitter" lol.

So, this was the guy millions invested their money into doge because he suggested it, imagine being as delusional as investing into something just because a weirdo said it. Maybe there are some people who like him for what he did, which is respectable, but do not respect who he is.

honestly I didn't see relevancy in regard of elon with all these twitter things against the valuation of doge coin, even doge coin itself didn't get integrated in twitter platform so even if twitter went bankrupt this coin will definitely retaining its value, even if its value might go down a little bit, still it's not gonna be as significant as you might think it is, elon is just a shiller for doge coin, this coin will remains having value increase as long as elon keeps shilling for it even in the future.

I just want to see that where everyone knows Dogecoin as the typical and king of meme coins.

That's what we need to see so that people will stop associating Dogecoin from Elon or Twitter and the same for other meme coins that has been attached to it.

Without Elon's backing up, Dogecoin will remain to be there but might not be of the same price as the ATH. But still, it can happen since the community is still there.

There is no hype and there is no push from the Influencers. This keeps the dogecoin market stable without much of bullish move. Expectations over dogecoin won't end with success all the time. Right now it is time to hold, if not the better option is to move the funds towards somthing on the top list to experience the return at the shortest as we're nearing the year end.

I don't think DOGE is dead, but I don't see a big bright future for it either. It's Reddit community is still active, and the price is not going down too much. But I really doubt it will reach $1.

Dogecoin isn’t dead no. It’s just in a significant down turn, a regular bear market like basically every cryptocurrency token/coin in existence. These trends don’t last forever even if you might be sad & it feels that way. Just try to stay strong & think about & do other things. Doge will rise again & hit new highs, you may have to be patient though, due to the current world financial situation it could take another few years.

It's very vulnerable to buy Alt at this time, not because we don't have trust, but I'm also monitoring the current conditions which are still vulnerable to losses. The Bear Market hasn't ended yet.  again a significant increase, much to the disappointment of everyone who bought at that time and threw it at the lowest price, so I'm still reluctant to buy even some Altcoins or Bitcoins, because they still have a risk in each capacity..

If the only reason why a crypto project has a good price development, is the fact that a famous person that actually has no connection to Dogecoin whatsoever is making funny tweets about it, then this just means that this project does not really have any use case and does not provide any benefit for it's users. In the end it is just a meme-coin and no one should expect to much from such projects as Dogecoin was introduced as a fun and likeable project a few years ago. Sadly the the tweets of Elon Musk have initiated that crazy wave of second generation meme-coins and during the hype of that wave 1000's of new shit-coins appeared every day and now meme-coins are likeable anymore.

Dogecoin has been dead for years, it is a copy paste coin with no useful purpose, but there are periods where it was price pumped by a billionaire likely for his own personal profit or that of his friends. SEC should really investigate.

It's not dead what are you talking about? Millions of people use Dogecoin daily.

Dogecoin price low doesn't mean it's dead. It means it's a buying opportunity.

No doubt Elon help the coin become more popular to the mainstream but not enough to bring it down even if he decides to withdraw his support. Dogecoin survived the years when it has no real lead developer or no significant updates on the chain level and has nothing but a community. It remains a popular choice among users like gamblers who wants to transfer funds with cheaper fees that's why it's present in many casino deposit options.

Elon is too busy working on Twitter that he had no time to chill about dogecoin lately, the truth is - dogocin has no real utility except the tweets from Ellon Musk, and since he is unable to do that lately the price of dogecoin is dropping fast. This is not a long-term project, perhaps investors are beginning to realize that.

It is difficult for me to predict the situation around the Doge coin, since strange things have already happened to it several times, I mean a sharp increase in the price. Also, now we cannot know what is happening and whether there is an impact on the price of Doge coin. But still, I see that the fall in the price of Doge coin and trading volumes is a general market trend, which, unfortunately, is not very good. Perhaps in the future the situation on the market will improve and this will affect the price increase for Doge coin.

Not I think it was easy for him to give up and leave Dogecoin because I see that he also gain benefits from this project. Perhaps, we can see huge support from the community bringing Dogecoin to survive in many market crashes. Though we know that Dogecoins is a meme coin but we can't deny that it has also been useful in other ways ( transaction fees). Many people had just missed it but for some people, this coin is valuable to them, and can't afford to lose it in their hands.

I don't think people understand that the eme coin craze was just a fad, with doge being the leader.  There is literally no need for it in the market and the only people holding it up at this point is the bagholders that bought into the idea that doge will actually be worth something someday.

Dogecoin has a large community not just on Reddit and this is the reason why this coin won't die anytime soon even without Elon but Musk did a big thing to this coin before and that will always be remembered by the people. There are speculations before if Dogecoin's value will reach 1 dollar or not but that was the time when Dogecoin is still on hype.

Now, it's completely different. $1 isn't also the price the OP stated in his post but it was $0.158. Dogecoin's current value right now is $0.075. I think this wasn't too far from the said price earlier so I do believe that it will come back there especially if the crypto market as a whole return to normal.

Having Dogecoin stayed for many years and also many negative discussions, I think they are already at success. Though I can't see how long this project will stay and be supported by the community, I know many people still use this coin for some reasons. It was not a reason because no Elon Musk it will die, it was not the reason we think it soon dies because of a declining value. It will just die if nobody will value this coin and all investors will dump together and reject it. Dogecoin is not literally a good choice of coin to hold but at least, it can be useful to some other ways.

Pretty sure the price was pumped because Elon just tweeted about Dogecoin and nothing more than that.
It doesn't matter if Elon wasn't the CEO of Twitter or even he would resign from Twitter. That doesn't affect anything at all, the hype is already gone long after the tweets from Elon Musk.

Everyone are free to make prediction, but it doesn't guarantee the result.
Also it doesn't make dogecoin is dead, but surely you have to choose carefully if you want to invest on anything.

as long as it's still having among the highest trading volume I doubt doge coin could be dead, even if it has lost so much of its trading volume surely in the future eventually it will have some kind of trends revolving around it again, the trend of meme coins always happening in every bullrun that it's not surprising to see some meme coins reaching multiple increase in value in every bullrun, but the question is, does this doge coin could hold up with the trend and the ever changing innovation of the coins, after all it seems doge coin is rather outdated in terms of technology.

Since dogecoin team are still working seriously to ensure they make their customers feel good when others customers are happy in the community. Dogecoin is not dead and it will not going to die because, their teams are more capable to surprise those that concluded that the price will not pump higher base on  this bear season that is affecting the price of all coins in the market. I guess, next year will be the turn of dogecoin to pump in a way their customers will earn well from their investment.

Dogecoin is not dead and still exists on many exchanges today. But unfortunately, the price has dropped even lower and the current price is a very low price you can accept. But if you want to buy Dogecoin at another lower price, you can still buy and you may miss the best time to buy Dogecoin. I still see support from the Dogecoin community and they are still waiting for the best moment for Dogecoin to increase again. And since the current market conditions are still declining and even bitcoin is also not moving very much, it makes a lot of coins and tokens that are in the market also experienced a lot of declines. But Dogecoin still has a chance to increase in the next altcoin season so you better be patient and not panic.

Dogecoin will never die and will always be used as a low fee transaction.
I think Elon musk is just like an artist who is just a fan of Dogecoin and Elon musk bought twitter not for the sake of cryptocurrency but for freedom of speech and there are elements like politics.
so don't always think if a crypto price will go up and down it's only influenced by artists, that's not true for me.
and for me there is no connection between Elon musk, twitter and Dogecoin.
if Dogecoin in this year the price goes down, it's just like a cycle that is happening like bitcoin and other coins. Even if the price goes down, one day the price will go up again.

so don't believe too much in something that appears in the news from social media.

I think that Dogecoin will still be the "King of the meme coin" when Elon musk pump this last year and it might happen soon again if he tries to post it again when BTC pumps up for sure. And just like everyone says that it's best to hoard more Dogecoin while it is cheap and I would say that's the best plan right now as long as you really take the risk.

Dogecoin has not died yet but rather witnessed a huge decline after Elon Musk resigned from his position as CEO of Twitter. This news had a shocking effect on the price of the currency, which its supporters were waiting for to be the official currency of Twitter, and despite Elon's support for Dogecoin, Tesla has not invested in this dog currency before, also, many whales who own billions of Dogecoin transferred their Dogecoins to other wallets, which led to a significant decrease in the price of the currency, as for the price of Dogecoin now, it is good for investment but we must not rush and wait for the right time to enter.

Dogecoin's situation has nothing to do with Twitter and with Elon Musk's possible stepping down as the CEO of Twitter, why would it impact the memecoin anyway? I don't really see some reasons that will have any effects with Dogecoin. And even if Elon Musk will step down, the dogecoins future is almost certainy anyway that it will be considered dead in the upcoming year just like the situation of Shiba Inu.

Also, Elon Musk will only step down if he finds someone that will replace him. So, that also means that if he'll find someone like him or at least achieve any of his standards as his replacement.

It doesn't seem dead to me.  Sure, with the crypto market down all the speculators have left and a majority of the speculators this cycle were here for the meme coins.  The price is still insanely high for those of us who have been around a while and with Elon seemingly working to make DOGE the currency of Twitter, I think there's a good chance that DOGE's best days are still ahead of it.  If you are just a casual watcher of crypto on Twitter though, you'd no doubt probably think that Dogecoin died and is no longer in use based on the lack of promoting happening.

Dogecoin is the King of meme coin and there is nothing that will replace that and that being said the last bull run was the best run the meme coins had and i really doubt we will see anything like that again as we are expecting tighter regulations and moreover the investors coming in will be focusing on the BTC rather than a ton of meme and shit coins ;).

He does not need to hold the position of the CEO if he planning to implement Dogecoin as the main coin for Twitter, it is a private company and he is the owner :P.

Yes, it may not be getting much attention, but doge is doge, and it is not dead.
Doge does not rely on Elon's tweet, because even without it, doge can survive.
It may just go back to its price when it is not yet popular, but it won't disappear.
That is true, for those long time users of doge, it is still high.
Just remember the time that we used this old meme alt for transfer purposes as the fee is very cheap.
Now, it is not cheap anymore as compared before. There are now cheaper old alts that you can use.

Of course people would seemingly connect the two irrelevant points to each other. I am not a Doge fan nor trader, but we've been through many influencers in crypto that are trying to just gain attention from crypto users. Doge has nothing to do with Musk nor the other way around.

Just because that CEO would either become a janitor instead of Twitter does not mean it would affect any crypto coins.

Dogecoin will stay just like Ethereum. Dogecoin is the king of meme coins, just like Ethereum when there are a lot of other projects that claim "Ethereum killers" and failed after.
So overall, dogecoin will stay even though there are a lot of other meme coins that are copying or the following dogecoin.

About Elon Musk, before, Elon Musk is still not around that using dogecoin for his drama, dogecoin is already here and already on the top as a meme coin.

Dogecoin is one of oldest altcoins that is still surviving in 2022. That demonstrate its survival ability in cryptocurrency market.

If people want to find a most important reason for its survival, that is its algorithm: Proof of Work. Without Proof of Work, Dogecoin should be dead many years ago. From foundation of Proof of Work algorithm, Dogecoin survives because of strong communities and many platforms accept Dogecoin to use for their customers.

If there is demand, there is supply for it, there is adoption for it. Dogecoin can not die.

Dogecoin has many years before the appearance and engagement of Elon Musk in Dogecoin. Without Elon Musk, bases from history of Dogecoin, it will still be fine.

See how many years from 2013 to 2022, Dogecoin appears in top altcoins?

It's five years but because screenshots are for top 15-16 altcoins. If checking for lower ranks like top 20 to top 50, Dogecoin is always in top lists.

Don't buy altcoins because they are top altcoins (https://bitcointalk.org/index.php?topic=5430698.msg61474088#msg61474088)
https://i.imgur.com/34ScLDy.png
https://i.imgur.com/pbGR1Zw.png
https://i.imgur.com/F3PAbIU.png
https://i.imgur.com/9Aq6bVr.png
https://i.imgur.com/O6PABP2.png
https://i.imgur.com/wqegu07.png
https://i.imgur.com/2KoWdJV.png
https://i.imgur.com/15dIYGd.png
https://i.imgur.com/9KsU6ry.png
https://i.imgur.com/RZJd05z.png

I agree, in the world of memecoins, doge is still kinged in the same way Ethereum dominates the altcoins market. Doge will never die even if Elon no longer supports it, we need to remember that Doge appeared many years ago, and it still has a community that supports and uses them, then Elon comes and does for Doge to become stronger. The capitalization of Dogecoin recently surpassed coinbase, a lame comparison, but it shows that Doge is getting bigger and bigger.
https://watcher.guru/news/dogecoin-surpasses-coinbase-coin-in-market-cap

dogecoin is still hanging good while Elon is still not CEO of twitter so what would be the reason for the fall if this back to normal mate as i don't see the logic at all? yes dogecoin might return to lower price but dying because of that seems to be irrelevant for now.

The market situation is responsible for the fall of Doge Coin. At the present time, The whole market is down about 65% from its all-time high, On the other hand, Doge Coin is down about 60% from its all-time high. The only excuse is that the bear season is going on. Bad news is being continuesly published in the market. Big exchanges are getting destroyed. Nothing better can be expected in this situation. Doge Coin also has the potential to big pump once bear season is over. So I think Doge Coin is not over yet.

That was the fact, Dogecoin will keep its position as one of the top 10 coins in the market even without Elon Musk. Besides, Twitter has no market influence, some even consider this as not a reliable source of information. It definitely was not a factor that could bring Dogecoin out of our sight as I see it will keep striving despite the negative talks that we heard from others. Maybe we could think that its price will never grow but when it comes to sustainability, that seems possible.

Dogecoin price is definitely related to Elon Musk tweets, but it has nothing to do with whether he holds the post of Twitter CEO or not. All the past dogecoin pumps come at a time when Elon Musk was not the CEO of Twitter. In addition, even after he leaves the post of CEO, he will still have control over Twitter, since he is its owner.

when twitter officially became Elon Musk's property it made Dogecoin go up a bit, it was very natural that Dogecoin would go back down because of problems with twitter or Elon Musk. I am not a fan of dogecoin, it would be better to invest long-term in utility coins such as ethereum, solana, bnb. Dogecoin is indeed good for the short term.

I think who become in charge of twitter will not be affecting dogecoin at the long run because before Elon buy up tweeter, doge coin also climped higher price to $0.74 so it won't. People just pump the price by going to buy doge because of high expectation from the deal.
If Elon musk want to pump it he can, it is only to make a positive tweet and it will take the price higher.

I don't know what's good about doge? Maybe just that it's a coin promoted by Elon Musk. Otherwise it is as useless as any other altcoin. I never understood why these memcoins have such a large capitalisation, even more than some real companies. I guess that will fix itself in time. By the way Twitter does not necessarily integrate doge. They could easily create another coin.

even though twitter and doge coin honestly has zero relation whatsoever it's still mind blowing that this coin actually still got affected at every move made by elon, even though meme coins already famous for its fact that it's very fluctuative, the good thing of meme coin is definitely its ability to go against the trend, few shill from elon could already turn the tides, and in bullish, that just got stronger, I doubt it's gonna ever be dead honestly.

Doge already has a large community, is not only held by the regular community, but also large companies have invested in Doge. Even though they don't have a product or service, community that brings Doge to have a large market capitalization. Doge is not Elon or even not twitter product, even without Elon or twitter, I think Doge will still exist. Just like McAffee case in 2017, Elon is the same figure that is the origin of bullish FOMO. So, even Elon not tweeted about Doge either, the community has been trading doge for a long time. Regardless of price potential, the normal price is between $0.01 - $0.1. If you invest under $ 0.05, I think it's already at a fairly normal, to be stored for the long term, although there is no guarantee that there will be another big pump. NFA/DWYOR

I think it's very natural because dogecoin is not owned by anyone. even Elon Musk himself is not the official owner of Dogecoin until now. This coin is very risky therefore we must be prepared for whatever happens with this coin.

Dogecoin is not dead yet and I doubt that it will die during the next years, for some reason there are many people that still expect that this coin is going to make a massive movement during the next months, in part this was due to Elon being the CEO of Twitter as people were expecting dogecoin to be adopted officially by the social media platform, but if he steps down then we can say goodbye to that upward moment during the next year, but that is not going to kill dogecoin, it will just force dogecoin holders to wait until bitcoin begins to become bullish, which is something which could take a year or a year and a half.

The fact that this meme coin has no utilities and are purely based on hype and speculations, I might say it's good as dead, coz anytime it could be literally dead. Who knows, Elon will have his full influence against this coin and when he decides to separate him self from the hype, people might bite into it and withdraw.
On the brighter side, Doge might continue to exist like how it exist long before Elon laid his hands to Dogecoins.

If you do not understand why Doge has such a large capitalization, even crossing Coinbase, you should not say it is useless. It is useless but valuable, better than the top coin is a scam, no value. Doge appeared before Elon entered the market, and it exists to this day, it was better than many other topcoin gradually disappeared in the market.

By the way, Elon loved Doge and although he was no longer the CEO of Twitter, he was still the owner of this social network. There is no reason to spend more money and time to create a new coin while Doge has both reputations and is available.

We take note that Dogecoin is a meme coin and cannot be compared to utility tokens like Ethereum, etc. Just like most meme coins/tokens, the growth, IMO, largely depends on hype and influencers impact like Elon Musk twitting or making some reference about it. Now that there is not much being said about it, Dogecoin is somewhat hibernating - waiting for tweet or some reference to it. I suggest that holders of Dogecoin should keep holding, Elon Musk may have plans for it in the future. Elon's quitting as twitting CEO has nothing to do with his likeness to Dogecoin. He was not the CEO of twitter when he made the tweet that saw the value of Dogecoin surge up.

I highly doubt that. There are a few that think like you but I find it highly emotional. There is no data or stat that sees doge as a good and legit project which could be in the top 10 for too long, it is a shitcoin that has been promoted a lot and liked by people for the hype and meme efforts but nothing more. I guarantee you that when the time comes doge will drop like no other and will not be remembered after a decade.

I understand the need for something that defy the logical arguments, there is a need and want for some anarchy in the markets that shows how unreal it works. Sort of like gamestop which should have been a bankrupted company because they suck, but people defied the markets with it and it survived. You think for long?

Well I think this "Bear Market' has made many alt coins dead but dodge coin is not it. It is still number 8 on coinmarketcap and still the most popular meme coin with a marketcap of more then 9.8 billion dollars much more then any other meme coin.
And people enjoy a joke even if its in crypto so I think there will always be a demand for this coin. When the Bull Market starts up again I think there will be many people buying bags of dodgecoin because of its popularity.
Elon Musk is a fan and all his hype behind Dogecoin has remained in the minds of people who will buy when this market recovers. Just hodl those dodge and do not worry.

I think it can still have some small pumps if the Man behind its rise again tweet about it otherwise the scene is clear that it does not have any growth chance and prices have sharply fallen so for me it's not good choice to hold the coin at this time seeing no further development and adoption for it so better stay away from it and save your loss.

It is true that consistent bear market since beginning of 2022 has made many alt coins dead, and Doge coin is not alone in this row. Most of the alts have lost their value to the extent of 90% but it will not continue for ever. Doge coin still maintains its rank in Top 10 coins & continues capturing the head lines in media because Elon MusK still seems interested in this coin & he has the capacity to create use case of it.

Doge won't die even if Elon no longer wants to support it, but investing in it for profit is very risky. Because its hype depends only on Elon, and if he declares not to invest in it anymore, our investment will never be profitable. I don't invest in Doge because I don't want to put my risk on Elon, he is unpredictable, and we have much better options in the market. There is no reason to invest in memecoins when we have dozens of potential altcoins.

You are right, It is highly risky to invest in any meme coin because their hype totally depends on speculation &  generally their fundamentals are not strong enough to sustain in the market for long term.In particular those coins which solely depend on support of one person, like Doge & Shiba. We should always make through research before committing our funds in any investment.

I don't think it is dead,we are in a long crypto winter which for us started since December 2021 and we are now exactly 1 year from that time and nothing looks promising on the horizon so far.This though can be a good time to collect Dogecoin or any other crypto that you may be interested in and which of course you believe that it will perform well in the next bull run.

As that movie says I believe "The Crow" - "It can't rain forever" and also here in the crypto world it can't be winter forever,so the best thing to do is to stock up during this time.

We cannot tell whether a coin is dead or not by looking at its price. I don't think this is a correct analysis. Sure, Dogecoin is shit but it's a very old  memecoin and most importantly it is the ancestor of memecoins. So, it will always be in our lives. Its price will change according to the movement of the market. If Bitcoin manages to trade at a better level, Dogecoin will gain in value, if Bitcoin fails to trade at a better level, Dogecoin will also lose value. In general, it cannot create an image independent of the market...

I'm not defending Dogecoin, and I don't care if it's a good, legit project. But at least it's stayed with us all these years. That alone has shown it to be a hundred times better than what people call potential altcoin projects like Luna or FTT, at least Doge doesn't scam us like other potential altcoins. No one knows what will happen in a decade, but it's at the top right now, and it deserves more shitcoins under the guise of potential altcoins.
Invest in altcoins, the main goal is profit, they are useless or scams if they are not profitable. Other than ETH, there are no altcoins that have utility or are used in life, they are all speculative.

Elon musk losing grip of Twitter is not the reason behind dogecoin recent fall in price. As you can see, the market is in a very terrible state and so many coins have been badly affected, so I think dogecoin is having its own fair share of the market situation.

I don't think that Elon is losing grip of Twitter, on the contrary, he bought it already and now has full control of it. Doge has existed even before Elon put a hype of it, and so it will continue to exist even if Elon will not support it.

The market is terrible continue, I do agree, and so is the other coins as well including Bitcoin. And so when we had another bull run, for sure Doge could be one coin that will enjoy the support again and maybe reaches new all time high, with or without Elon hyping it.

The price of a joke is already hyped. Why do you have to link Elon Musk with Doge?

Exactly. Elon Musk remains as the owner of Twitter, even if behind the curtains, therefore his influence will be still there all the time. If he wants to push a new DOGE hype he will have all the necessary tools to do it. And even if he didn't have Twitter, he could continue endorsing DOGE through his social medias, like he has always done since much before all the talk about purchasing Twitter has started.

What we see regards DOGE's price is more related to the whole bearish season every cryptocurrencies are facing right now. Once the negative trend in crypto market is over, we are going many currencies rising together, and I believe DOGE is one of them. Despite being a memecoin, it's also a classic coin. That is the difference between DOGE and its memecoins pairs which don't have any long term potential.

Elon is loosing his seat not selling the Dogecoin which he has bought.
But we can't say anything. Because I think Elon is loosing his reputation in public. He recognized as a well minded person in the public but now he has lost his 40% reputation in the public.
By the way if he will sell his hodl Dogecoin than it will make a huge impact on Dogecoin price

Does this looks like killing Doge? and also this really means one thing that Only Elon who's running the movement of Dogecoin and not other supporters at all?

lol Dogecoin will remain though the price may drop badly for a while , as we have seen this growing how many times now.
but being dead or dying is far from reality .

As far as I know, Doge's price had increased. At that time, Elon Musk was not yet CEO of Twitter, but Elon Musk only influenced his followers through his tweets to do something for Doge, which in the end had a significant effect on increasing Doge's.
so if he wants to let go of the ceo on twitter. I think it's clear that there won't be any influence with the doge because there's no direct correlation.

especially now that the situation is indeed a bear market, Elon Musk will not be able to change this situation and make Doge increase, Doge will continue to follow the market situation which is really not good.
We will see in 2023, will Doges be able to survive in a difficult market situation, if they can get past that then when the halving occurs again, Doges will be able to increase as well, Doges will not die.

Maybe they are worried since Elon has big influence and might it create some negative effect if  he abandon this coin.

But people need to realize that guy is just doing a business with doge so any hyping or some action he do to highlight its name has personal agenda and do it for his profits so better for those people to quit looking for more pumps. Sell once profit is there since whales like Elon will be more lucky if he is the one who gonna sell first and leave those other people hanging and bag holding some shit that they think will pump more in future.

But he didn't abandon the coin. He will only abandon Twitter. If Twitter is handed out to another owner, Elon can still use the platform just like before and post shills there about the coin. I wouldn't wonder anymore on why those people seem to be very emotional and worries a lot because they only invested on a risky coin whose gains are only based on the hypes.

If only those people invest on a much better such as Bitcoin then they can attain a peace of mind. Doge coin isn't totally dead but what is the only thing that have died here is the hype. We don't even know if it will be revived again or not. For now, Doge coin can still be use for gambling and paying something but shouldn't be considered for long term hodling/investing.

Elon I think has no more that big of a influence as he had before when he first showed his support for this coin,that was enough to sparkle a huge rally which many people including me won a lot of money as Doge moved from 0.0028 to near 0.7 dollars and people who had accumulated Doge for fun were in a position where this fun made them a fortune.Other people who were not aware saw this happening and they jumped in the wagon,thus now many people know what to expect in the next bull run no matter with or without support of Elon Musk for Doge.Doge does not need it anymore.

But I can see that with the participation of Elon Musk in Dogecoin make such impressive growth and if ever he moves out and leaves Dogecoin, I couldn't expect to see this coin make another ATH like before. Well, of course, Dogecoin could stand by itself as it already has huge support from the community but is something different level if there is an influential person/people carries it out and make hype it on social media as this will gain more attraction.

i believe it's not dead yet. the doge community is active and doing good since a few years ago. then elon musk came and made a high impact for doge price. i think the doge community can handle it even if elon musk is gone.

from the events of LUNA and FTX we can understand that in crypto anything can happen, no one expected that the fate of the big altcoin LUNA and the big exchange FTX would end like this. but of course this incident did not just happen and without cause, there must have been big news that could destroy the project. in my opinion if only because of the problem you say it will not make doge die because in my opinion the problem that is happening on twitter has no close relationship with doge. since the first time elon bought twitter he has fired many twitter officials and recently there was news that many twitter employees resigned, but i see the price of doge is still stable and is ranked 8th CMC.

You can say but Elon has no more influence on Dogecoin because now Dogecoin is on its own way. Elon pumped it a lot and now Elon has no much value against Dogecoin.
And yes the Dogecoin community is active and the team is working more to improve the core of Dogecoin.

I think you overestimate Elon's current influence on DOGE. His words don't worth much now and until he makes it as a payment method on Twitter or something like that DOGE won't see a big pump.

I think Doge coin still has potential in the upcoming bullrun market. and if we talk about the current decline, then this is natural. because it's not just the Doge that has been on the decline in the current bear market. But almost all Altcoins have decreased even bitcoin. expecting an increase in a bearish market can only occur when there is a big event that creates hype. But without that, the price might stay at the current level or decrease slightly following the movement of bitcoin. And in conclusion Doge coin still has hope and is not dead. Dyor.

Though Elon was biggest influencer of the DOGE, I highly recommend not to connect the dots with Elon being CEO or not CEO of Twitter and DOGE loosing its value with it. If people are thinking that Elon becoming CEO of Twitter has got anything to do with the DOGE prices then they are not looking in the right direction. What Elon supposed to be doing with DOGE and Twitter? Introduce a tipping system which will use DOGE as currency? I highly doubt that will
happen in the long run. Let's understand the fact that DOGE was also supposed to go the moon with the SpaceX mission in the first Quarter of 2022, yet we are here just two days before 2022 ends and no updates regarding the same. I think we should stop believing in the hoax that goes around billionaires.

Most of us have the guts to say that Dogecoin remains valuable in the market compared to shitcoins. The shilled that has been done by Elon Musk is not only a factor that helps Dogecoin remains one of the top 20 in the CMC. Though I couldn't expect a bullish price of Doge in the next Bullrun still we can say that it has the chance to rally during that time.

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Dogecoin will just be dead if nobody will take care of it but as we can see, many traders are still using this which makes the project standstill despite the rejections of some investors.

The value of cryptocurrencies is subject to high market risk and price volatility you should only invest in products with which you are familiar and where you understand the associated risks. There is currently no use of doge and the people who bought doge deny every evidence and have no future and development opportunities.

I will agree that, even if Elon no longer supports Doge, it will not die because it was created and existed before Elon entered the market. But I don't think Doge can bounce back and rise again if Elon stops supporting it. In previous bull runs, Doge was there but went unnoticed until Elon talked about it, so it can be said that the existence of the Doge does not depend on him, but its hype depends entirely on him. Without Elon, Doge is still a coin with no value, not receiving too much attention in the market.

I don't think there are changes in the price even if Elon do something on his memecoins to pump. We are in a bear market and if Elon try to pump doge then you know what most investors would do if there's a pump. His influence has nothing to do with what is happening in his memecoins, it's just that we are in the bear market and every coins in the market are suffering from losses.

And I don't think doge would be out of the market if they have Elon Musk as influencer of this coin. Things might change a little if Elon would do something but remember that almost every altcoins would follow the trend of Bitcoin.

No matter how hard the team works on the project, DOGE is already very much hyped. After Elon Musk stepped in, the coin showed incredible growth. Now of course, we cannot say that DOGE is dead, just like many other projects. But I don't know what would have to happen for such a great success to happen again.

He's still playing with it casually. Why not link them?

If Elon didn't mention DOGE the price wouldn't be here.

If you ask me it never had any type of potential at all and to say that doge is going down because market is going down then we are forgetting the fact that it is losing rank as well. When a coin drops but keeps its rank such as bitcoin and ethereum which were first and second before the bear market and still first and second, that makes sense and they can recover very well.

But, Doge was as high as 6th at one point, whereas it is nowhere near that and if you ask me it will be out of top 20 eventually as well, not going to be today but it is going to happen eventually and that will be something great. I personally believe the best thing to do would be selling all your doge and getting bitcoin.

I don't think that dogecoin is dead. Do you think that dogecoin is dead after all those times where Elon Musk brought influence to those people who believe in dogecoin. Elon Musk does have influence to some people especially about dogecoin. As long as dogecoin have uses and also influence then dogecoin will stay the same as it is. I agree that some people are not influenced by Elon musk but we can't deny that there are some people who follow elon musk. It is also trend in this forum in my opinion as it is discussed many times.

Elon Musk always brings his own contribution to support crypto by providing information to his followers and to this day there are still many who believe in what is said even though not a few ignore it.
So as long as there are people who believe in what Elon Musk says, it seems that Doge will not be neglected, let alone die. true friend, it must be remembered that doge is also still very popular and still useful, because there are still many who make investments, it cannot be ignored because it is real.
the current situation alone is indeed not good, doges can't avoid it either, let's see later when the halving period is about to take place, surely doges will also be able to improve.

I think, those who are thinking doge is dead are the ones who jump on doge when its price was at its peak.
Because if let's say Musk will not promote doge anymore, it may just go back to where it was before.
I was enjoying very very cheap transfer fees when doge was not yet promoted by Musk.
I believe a lot of traders were using doge for transfer purposes before, but right now, there are cheaper alts for this purpose.
But it won't be dead, its price may go down but most trading platforms will still list it.

elon indeed has very impactful influence towards this coin, doesn't mean this coin couldn't be dead because of that, but considering the market capitalization of this coin and its trading volume, this coin would be the last to be dead, in short it would hardly be dead, even at the slightest of market recovery this coin could be scoring quite good increase, so I doubt in long term it's gonna be dead.
even if elon right now have less influence he's still could change the tide of this coin so I think he's still relevant until now.

It was, but for now, But now it seems that the expectations for Dogecoin are not too high. Because we know that Elon has made news several times regarding the possibility of Dogecoin increasing by providing positive news regarding the use case of Doge coin itself. But unfortunately, the impact has not been able to break the Dogecoin price again. Maybe one of the factors is that currently, it is still in a bearish period. We will probably know how the effect will be in the Bullish era, will it still be the same as last season's bullish era, or vice versa? But for sure, I'm not sure if Dogecoin is dead as the OP asked.

It will not be dead until Elon Musk lives. A good altcoin to take short time profit.  :D

Dogecoin is the perhaps one of the most unique & captivating offering in crypto space. As of right now it’s hard to say for certain Wether or not dogecoin is dead. It is almost impossible to predict the future of crypto including doge. But, elon musk recently Said that he shall be working to make dogecoin is use in real world.

the most important thing is the trust that still exists and is still carried by doge to this day, as you can see as you also said that most platforms continue to include it in every trade, which indicates that doge is not dead and still exists.
indeed, in a situation like the current one, it seems that not only doge has experienced a decline, almost all crypto is indeed being badly affected.
we need to continue to monitor the situation this year where unexpected things can happen to coins that have a bad reputation, because 2023 is still considered a crisis period and crypto is not doing well either.

Elon Musk is currently using Dogecoin to maximize his own interests, but he also knows that Dogecoin is not a forever sustainable cryptocurrency. Earlier, several of his fans reminded him that the supply of Dogecoin is unlimited. Elon told them he knew this, but I don't think he gave a satisfactory answer (https://www.youtube.com/watch?v=u_U_dOOI9us). I think the possibility of Elon leaving Dogecoin one day is very high. I don't think we can trust him.

I think even he doesn't really like it that much anymore. I mean sure it looks like he is in support of it a bit, but comparing how much he liked it back during bull run compared to how much he likes it now, I do not think that he likes it that much anymore. This dude is famous for his narcissistic moves and he likes to be loved, that's his thing.

People loved him and adored him when the price was high, and he was happy about that, but when price couldn't hold and it dropped, everyone started to hate him for making them buy it, and he got away from it as much as possible. This is why I think he is not interested in doge anymore, probably further from it.

Doge is still in 9th place and daily trading volume is over $500 million, I put Doge as the 5th biggest asset because I believe that one day the price of Doge can reach $1, if this year there is a bull run I believe the price can increase more than 3x or 30 cents, don't hesitate to invest in Doge because I'm sure it still has good prospects in this year.

It has been considered a meme coin since it's inception, so there is nothing unique about it to be honest.

However, when we have individuals like Elon Musk pumping it, then it become one of the most valuable asset in the last couple of years and then investors jumping on the hype coin. Now for me, this is not a good coin to invest, in my opinion, it might not enjoy the support in the next bull run. Although it will still remain in the crypto space for the next coming years. So everything depends on how Elon Musk will market and used Dogecoin in the future. But for me, I'm done with it.

How can you say like that? Haven't you noticed Dogecoin's daily trading volume? or have you never paid attention to the position of dogecoin in coinmarketcap?. in my opinion, doge will not die and will not disappear in the market as long as it is still in great demand and is supported by large investors who have their largest capital. what you say is not likely to happen

I think Doge is still strong right now because it can be seen from the daily transaction volume which can reach more than $650 million, many people hope that Doge and meme coins will die soon, but if we pay attention that the Doge community is very strong, there are at least 2 strong meme coins namely Shiba and Doge, Elon Musk's plan to accept Doge for advertising transactions on Twitter has made many speculate to buy and hold Doge because of the huge potential for growth in the future.

Don't forget you quote a 1 month old post. It could be true that the price or the volume have decline that time but now not anymore. You know, Elon is good at manipulation and whatever he said, we will then have an impact to the coin. Maybe Elon didn't quit twitter yet and its supporters are gaining a hope once again.

The trading volume and then the coin rankings on coinmarketcap are not fix but they can also change. Remember Luna? It was once a top coin in CMC so his trading volume is also large but look at it now. That can also happen to any other coin if ever their performance deteriorates but dogecoin isn't a loss to us if one day it fell down and die.

There are still a lot of Doge Holders, in fact I can confirm that almost everyone in the cryptocurrency community has Doge in every wallet,
because Doge is indeed one of the oldest altcoins in the world of cryptocurrencies,
if you say that doge is dead then you are really really still don't really understand how crypto currency works.

Current Dogecoin price $0.089 and stable around under $0,1 and seems not have enough reason to say about Dogecoin is dead, although reached higher price almost $1 I don't agree to say Dogecoin is dead because Dogecoin have cheapest price before hype and promote by Elon Musk.

We can't predicting about this person Elon Musk make hype with Dogecoin, some time when he make new tweet about Dogecoin will increase pump drastically and potential reach above $0,2 although few minutes later drop drastically. Still not dead with Dogecoin due still listing on bigger exchange market and have values above $0.089.

Absolutely.

Besides, miners need merged mining DOGE-LTC too much, we can't afford the death of Dogecoin ;D

Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.

I also don't think that is dead but Dogecoin has no real "technology" or "use case" behind it as its creator created it as a meme coin only.As far as I know this is still the case,I don't know this coin like Ethereum or some other ones to give a chance to programmers to come out with apps built on top of it and as such it is a dangerous coin to invest in.

However I am also one that I have invested my self in here and have Dogecoins and their related other crypto like Shiba Inu and I have only done so because this coin became well known from Elon Musk promotion that it creates a lot of hodlers for this coin and they still are holding,I hope it brings some good money for us but from a technology perspective this coin is worthless.

Dogecoin is considered as a dump project in the market with Elon Musk as CEO of the project, he only pumped it with his tweets about the coin and some restaurants making it as means of payment interms of clearing or ordering food items from the store. It's beneficial for those that made gigantic profits from it when it made a massive bull run in 2021, when it hits it's all time high for a long time which is 0.73995 and eversince then, forming such long green candles is very rare because the project roadmaps depends entirely on the moderators who are not putting in their hard earn working tools together. Dogecoin is currently 0.08883 and it remain stagnant for months. Fear, Uncertainty and doubt have prevent others from investing in dogecoin.

I wouldn't say that DOGE is dead. Yeah, the price doesn't seem good, but it has a strong community and DOGE actually is a good coin with pretty low fees. I don't think it will reach $1 soon, or maybe ever, but does it need to?

I'm of the opinion that dogecoin is still a good altcoin and it would be worth holding some, basically because of the fact that the market could be volatile and one could benefit from the possibility of a hype which is imminent since the Tesla boss still considers the coin a good deal.

A strong community is the key to Doge. The underline technology is far behind another blockchain such as INU, near, or SOLANA. But as it was created for a meme, being in the top 10 is an outstanding result. Doge in fact is still very good for gamblers who want to make a smaller bet. Moreover because it is a lightweight coins, making transactions are extremely fast

If Elon Musk's influence hadn't been so strong, Dogecoin would have been extinct long ago.
The OP asks this question due to the fact that, for obvious reasons, no real cryptocurrency investors take meme coins seriously as an investment, which has led to all meme coins literally dying during a bearish market and then reviving during the bullish market.

That's wrong. When did Elon Musk had pumped the market of dogecoin. It is just years back. Dogecoin is one among the earliest in the market and even before the pumping from Elon Musk's influence dogecoin have provided with good rate of interest for the investors. Even now the market of dogecoin still stands strong. Dogecoin won't be dead just because there is no growth as expected.

Dogecoin was already dead a long time ago, it was only revived for a quick pump and drop by Elon and most of the investor's that came to Doge are newbies who have zero or low knowledge on crypto.

That's right, Doge is already well-known among investors or those who know about vitrual currency and it'sn't easy for Doge to just die but it's possible that Doge will die later with a decline that continues to decline every year. there is something that must be understood about all of this.

are you sure with your statement? in my opinion, newly-created meme tokens like shib will first suffer their doomsday before doge will. doge may decline its value, but its use case has long been established even before the rise of these new meme tokens. now that doge is a lil bit expensive than in previous years, its use as transfer purposes has been diminished as there other alts offering much cheaper tx fees.

Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion

I've always been afraid to buy this doge, because the supply is unlimited. And after all it's a regular coin which isn't as strong as BTC and its fundamentals Binance and Doge too was originally just a joke coin. So doge is not a long term recommendation in my opinion because it is too risky even though doge coin is still supported by Elon Musk and his strong community. Just a suggestion if you want to invest in Doge you have to be careful.

Yes, of course Dogecoin is not a coin that has strong fundamentals, but you can play Dogecoin with short-term investments, and don't put all your assets in it. this is a way to reduce the risk in dogecoin trading.

In my opinion, Elon Musk's resignation as CEO of Twitter will not affect the price of Dogecoin, let alone cause Dogecoin to lose market value or die. I don't think that's the reason for Eln Musk's departure from CEO Twitter. which is the reason Elon musk resigned from CEO twitter because of the bad conditions that are currently hitting one of his companies, TESLA.
thus I think the price of doge coin will be as usual in the crypto market, dogecoin will continue to live in the market

If cryptocurrency market is good, all coins will increase in price very soon. Also DOGE coin price will increase. But I don't think DOGE coin price will ever be 1$.
I think Dogecoin coin will never die.  The reason is that Dogecoin coin has many investors behind it.  Many are still investing. It may turn out to be a good position one day. Everyone is investing in this hope.

It's not dead but there is no need for it to go on another run.  Me coins have seen their run and most people are just bag holding at this point.  With supply increasing 10k new coins every 1 minute it will be hard for demand to outpace supply causing another massive price spike.

^ As long as Elon Musk supported it, dogecoin will remain of the top altcoins in the market.
The problem with this coin it has an unlimited supply if this coin becomes a limited supply the chances of increasing the price is highly possible but it is not. For now, as long as there are communities supporting dogecoin it will long last also this coin has a utility and I don't think it will easily vanish in the crypto space.

I always wondered if these meme coins ever running out of new bag holders but it seems that's the case, it's just stagnant, the already veteran holders waiting other people to get in that it to wait until massive flow of investments comes in so they could liquidate their investment while also waiting for the right price mark meanwhile it seems newer people are also hesitant in investing since the value already too high anyway.

This is a problem inherent to all meme coins and shitcoins in general, once there is a huge pump the lucky ones get huge profits and have no need to ever invest in the same coin, but for the rest they have no option but to wait for another pump to come.

But as soon as the price seems to be ready to pump there are several traders willing to capitulate and recover whatever they can, this reduces the chances of a new pump happening and while dogecoin has so far defied all our expectations this cannot last forever as the number of bag holders will be so big that sooner or later the demand will not be enough to produce another pump.

one of the top altcoins in my opinion so far is Dogecoin,
this has been proven that Doge coin really has a very high ROI compared to Ethereum or XRP,
and I see people saying that Doge is dead?
this is a joke for me because Doge will still live and I guarantee that Doge will be the top crypto currency after Bitcoin even Ethereum might lose.

Although Meme coins have no viable use cases, its market cap is on the rise. Actually, a big part of crypto currencies are speculative assets that can't provide technical benefits, so I think that Meme coin will remain in the market as long as it's unregulated and developing market, and the biggest beneficiaries are the whales who pump and dump it.

I recently came across an article stating that the demand for Meme coins still on the rise:
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High (https://news.bitcoin.com/meme-coin-economy-swells-by-5-8-billion-in-less-than-a-month-suggesting-demand-for-meme-tokens-still-high/)

Agreed, what is being said is the real working of these memecoins. Though there are no real use case this is much preferred for technical benefits by the whales to profit. There were more discussion on the memecoins existence and getting out of usage at the shortest. Doge is not the kind and it survives and is predicted to be good in the long term. So, for everyone who think dogecoin dead is wrong.

This simply states that Dogecoin is alive and kicking.  We really can't comprehend people's thoughts and ideas sometimes.  As we can see, meme coin has no real-life case use but it keeps on growing.  I think there is a powerful person behind Dogecoin that keep on pumping it.  Now the question will be, what will happen if the group behind the surge of Dogecoin pulled out its support and decided to cash out.  Do you think Dogecoin will survive the ideals? 

New twitter CEO
https://pbs.twimg.com/media/Fo-hx39aIAABMKW?format=jpg&name=900x900
https://twitter.com/elonmusk/status/1625695877326340102

It doesn't look like Dogecoin is dead. And Doge has been there since the beginning, listed on so many exchanges and so many use Doge... dead looks different. It currently looks like Elon Musk will have more time and let play with Doge for the upcoming Bullrun? Don't forget that he still had Doge1 planned, or the idea for it. When he really wants to be involved in the next Bullrun again, then SpaceX and Doge1 will be launched. I searched for some news or tweets on twitter, but i found nothing good. It may be too early for this, but he has shot a Tesla into space and Starman is there. You want to know where starman is, then look here:

https://www.whereisroadster.com/Roadster_Earth.jpg
Source: https://www.whereisroadster.com/

Dogecoin is only dead if Doge community is dead (which likely won't ever happen).