Thoughts on Doge coin.

[Macadonian]

Doge coin give cryptocurrency a bad name it is known as a meme coin because it has no value and the reason it exists is to make a joke out of the people who use it. It has no features which are unique or make it valuable but memes are strong in society and people like to make a joke about things like this and that is what creates popularity but I have no doubt that Doge coin will die one day and a lot of people will lose money.

[MAAManda]

So why do you think people still want to risk their money buying meme coins instead of buying bitcoin or some good altcoin?

Maybe it's only for short trading purposes, people will always take a chance every time right? As for long-term investment purposes, I'm not sure that there are still people who believe in Dogecoin (DOGE), because investing in meme tokens nowadays is just a suicide bomb for people who buy it.

I think that even if doge will start pumping, it won't go x10 because its market cap is too high.

Nothing is impossible, mate. Everything can happen in crypto, depending on how the hype goes, 10x? even 20x is still quite possible (IMO).

Do you still buy doge or other meme coins?

For now I don't hold any memecoins, but in the past I pretty much held memecoins only for speculative purposes like $TRTL, $SHIB and $DOGE.