Dogecoin, faster drop, incoming explosion?

[andrew2k]

Back in May we probably all know what happened to Dogecoin and many other coins that traded in the 10-20-30-40 sats zone. They went up for various reasons but that's not what I intend to discuss here. Usually Doge has been used for quicker transfers between exchanges with lower fees but that can get costly at bigger amounts (ex. you want to transfer 0.5BTC, a 1 sat difference, for example by buying at 30 and selling at 29, you lose 0.017BTC). It has been used as means of tipping people and as a tool for pumping.

Right now it looks like Doge's on the way to the ATL, the all time low, the drop seems to be happening faster but it's mostly because of the just as sudden increase that came before it and the peaks it reached. What are you predictions for the next period, will it go lower than 15 satoshi, will it explode and pump once again?

[speakoo]

I can't see any new development from DOGE, that's the reason I sold all my doges. What's ATL ?

[Karpeles]

With the Bitcoin and Litecoin SegWit Dogecoin is now obsolete for exchanges transfers, and Dogecoin is not accepted in all exchanges.

There is no innovation with Doge and it is based on an old meme, the incoming explosions are just future pumps that may not happen.

[necromastery]

That's right, all the time happening after doge reach 180+ sat/each on may is keep drop but doge is exist long time ago with low price but he's always alive. I believe the explosion will coming again. Doge is just need little support from us.

[MatrixMining]

With the Bitcoin and Litecoin SegWit Dogecoin is now obsolete for exchanges transfers, and Dogecoin is not accepted in all exchanges.

There is no innovation with Doge and it is based on an old meme, the incoming explosions are just future pumps that may not happen.

Yep, the only thing that can save Doge is some serious new development. All other coins are adopting new technologies, so if Doge will not do the same, it will just die.

[Eugene_Debs_Hartke]

I can't see any new development from DOGE, that's the reason I sold all my doges. What's ATL ?

Me too. So many other coins now, I can't keep anything that is used for tipping and nothing else. I believe it will keep dropping.