Will Dogecoin have a future?

[Abiky]

since dogecoin was only a funny joke and that coin never got any update it will not last for long i guess.
But its still funny how long this coin is running and beating other coins as a fun coin XD


regards

Perhaps it won't last long. However, one thing for sure is that Dogecoin has managed to ride a wild journey ever since it was created back in 2013. Even after it has been abandoned in development, it has remained actively traded on the market. While this is no indication that Dogecoin will have a future, it shows how far a cryptocurrency can go if there's enough interest from people in the mainstream world.

Dogecoin cannot be used as a serious investment for the long term, simply because its supply is over-inflated. That would keep prices low, which could be a nice entry point for newcomers into cryptocurrencies. Due to this reason, Dogecoin can be used as "Digital Cash" since fees are minuscule and transactions are blazing fast. As such, Dogecoin might never need to implement a scaling solution like the Lightning Network and SegWit, since it's not highly used by people at a magnitude of Bitcoin or Ethereum.

However, the future for Dogecoin is quite uncertain as nobody seems interested in taking part of its development. Therefore, I'd suggest using Dogecoin only for the short term, as it could die within any point in time. Just my opinion

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[Janevinex]

I think what some future will be but of course not as popular as Ethereum, but of course the coin is popular and enjoys the periods between the exchange

[Pokemon Go]

in my opinion, the price of DOGE will never increase very high, because the price of DOGE will stabilize only up and down in that number and investors also use DOGE only to make transactions (because the fees from DOGE are very cheap compared to other coins).

[Jalum]

For me it is just a coin for fun. At the same time it was pumped several times and who knows, may be in future it will be pumped as well.
They can move on to development and make something valuable of this coin

Doge could get popular then have the hype bring the price up. Doge could get far with Doge conventions.

[Abiky]

Doge could get popular then have the hype bring the price up. Doge could get far with Doge conventions.

Agree. DOGE conventions would greatly promote the project and contribute towards the adoption of Dogecoin over time. There's needs to be proper marketing/promotion, to make Dogecoin truly come alive. It's been quite some time since no one is interested in continuing with the cryptocurrency's development, neither increasing its awareness in the mainstream world. I believe that if the usage of Dogecoin is promoted across several areas worldwide, then prices could quickly rise within the market.

While Dogecoin may never get past $0.01, it's still useful as a cryptocurrency for day-to-day trades or for transferring money at low costs worldwide. In this case, Dogecoin has an advantage over Bitcoin, although most people trust Bitcoin due to its proven years of stability and reliability. To say that Dogecoin has a future, it'll be quite uncertain, as no one would know what will happen by then. If the community decides to no longer support Dogecoin, then it's game over for the cryptocurrency as we know it. Just my opinion

[kipozer]

To be honest, it seems to me that no one expected such a development of the situation, you see how the situation in the market develops, and especially from DogeCoin projects, so I would probably prefer to just say that this is really something very strange.

[Haliburton]

I do not like Dogecoin and in general it seems to me this coin will soon begin a gradual decline!

It could very well be. Dogecoin has no other use but for speculating just like most cryptocurrencies on the market. What Dogecoin can do now, other altcoins can do better with advanced technologies such as DAGs, PoS, and more. They're much cheaper and faster than Dogecoin, so I don't see any reason why Dogecoin would have a future. The original developers have also abandoned the project, and no one seems to care about it.

The only thing keeping Dogecoin alive, is its community which usually hangs out on Reddit. But, there are other cryptocurrencies which are more active in development, than DOGE. All in all, time will tell us what lies ahead for Dogecoin's existence in the real world.

[TCTDev]

I like this coin and I often use it to quickly send money from one exchange to another. I think this coin will always be used for similar purposes.

[Aryleeto]

Big future in this coin of course I do not see, but the pros of course it has a low Commission when transferring to the stock exchange , and of course without the product they will never move on

[Selly Arumsari]

I like this coin and I often use it to quickly send money from one exchange to another. I think this coin will always be used for similar purposes.

yes totally its true, dogecoin often used by fee. because fee withdraw use dogecoin is cheap just need 2 dogecoin
i like to buy dogecoin when doge reach 18 satosi then waiting for 60 satosi, i know need  a long time to reach 60 satosi, slowly but sure because doge one of coin have potential

[JollyGood]

Dogecoin has been my favorite alt coin for quite a long time. It serves as a good cryptocurrency for tipping others, as well as being a fun and inexpensive medium of exchange.

However, I'm worried what might happen to Dogecoin in the future, since it has been quite some time that no new version of the QT wallet has been mentioned, neither some innovation to keep it going for the long term.

It would become ideal for Dogecoin to add SegWit to its code, and gain traction if it gains acceptance from the miners. Then, if it manages to become the first cryptocurrency to accept the scalable solution, it could rise in popularity once more (not to mention that transaction will be near instantaneous).

Nevertheless, Dogecoin is a great cryptocurrency being inexpensive and relatively stable, making it a great way to tip others or send micropayments faster than BTC at a fraction of the cost.

Looking forward to your opinion.

Well it has gone on from a joke meme to something bigger but it has not real functionality just like 99% of all other coins.

There number of coins in circulation are too much so something needs to give.

[Ngewex Yuk]

According to the latest coinmarketcap data, now more than 2050 coins and tokens have been registered, with the tight competition making many coins that were once good now threatened to lose value, and the once powerful coin, DOGE, is also threatened.

[dicaprio]

Definitely, DogeCoin will have a good opportunity to develop, I understand that today people have very strange thoughts on this matter, but still today people see that this project is successful and developing.

[JollyGood]

Definitely, DogeCoin will have a good opportunity to develop, I understand that today people have very strange thoughts on this matter, but still today people see that this project is successful and developing.

How will it have a good opportunity to develop?

It hardly developed in the 5 years that it has been created. I cannot see how it can develop now.

[esetop01tryba]

I don't think he has a future. As far as I know the coin was created for normal transactions and nothing more ! Perhaps there is a prospect of trading in the market but I do not invest in it in the long term !

[richjohn]

Dogecoin started with being a parody coin. But so far it has come a long way and is still popular enough among the crypto investors. It is being used for transferring coins from one exchange to another because of the low fee feature. But I don't think that it is enough a reason for DOGE to maintain its price point. It isn't safe an investment if you are looking for long term.

[richjohn]

Dogecoin started with being a parody coin. But so far it has come a long way and is still popular enough among the crypto investors. It is being used for transferring coins from one exchange to another because of the low fee feature. But I don't think that it is enough a reason for DOGE to maintain its price point. It isn't safe an investment if you are looking for long term.

[JollyGood]

Dogecoin started with being a parody coin. But so far it has come a long way and is still popular enough among the crypto investors. It is being used for transferring coins from one exchange to another because of the low fee feature. But I don't think that it is enough a reason for DOGE to maintain its price point. It isn't safe an investment if you are looking for long term.

I agree with your very well laid out comments.

It was a parody, joke coin then became popular when it was used to request funding for the bobsleigh team in 2014 before drifting back wards.

DOGE is definitely not a safe long term investment.

[Amberum]

Despite the fact that Dogecoin was created for fun, he now has half billion market cap and can grow in the future, if his community will develop the marketing concept and upgrade the code.

[hamba laeh]

of course all the coins have a future and so does dogecoin, but the future is good there are bad ones and this is a reason because it is the nature of crypto fluctuations, but I also have a special view of the price movements that dogecoin has from birth to with now and this is very rare in other coins because it is very stable as well as cheap and high level of interest to hold or trade dogecoin.