DOGE reaches 30sats! Do you think it could go higher now?

[CjMapope]

Following its listing on BitMax, DOGE has reached the 30sats mark. Do you think it's the beginning of a bull run or it will go down now?

45 days into this thread, DOGE hasen't moved, its almost kinda eerie tho, hasent moved more than 5+/- sats in 60 days, don't see that often with Doge
Im thinking personally maybe its gonna finally do its thing, go for its yearly 50-80 pump, was it waiting for xmas?
I dont trade DOGE as its volume is just too big dik for me, but i always figured institutions would love to trade in Doge, its great to speculate on

[1714925815]

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[Mame89]

The price movements of Doge and Altcoin seem to exist but this does not mean this is a sign that the bull run will arrive soon, we will see in the next few weeks, and I think we still need to be patient and reduce expectations a bit.

[alyssa85]

Here is a neat article about doge:

https://cryptonews.com/news/this-is-why-dogecoin-is-better-than-altcoins-degenerators-5026.htm

Most coins are "degenerators":

The vast majority of alt-coins are Degens. Their price chart has a measurable half-life, like radioactive decay. Plotted on a log chart, it's a straight line down.

Doge on the other hand is an oscillator:

On the other hand, there are only a few Oscillators, and one of the most surprising examples is Dogecoin (DOGE), initially made as a joke and now ranked 30th by its market capitalization (USD 326 million). How is a coin an Oscillator, I hear you ask. Woo says that Oscillators are proving SoV properties. “To qualify,” he adds, the coins “need to keep up with Bitcoin (BTC)/USD gains.” In order to find oscillators, plot a coin’s BTC value. It must oscillate around a horizontal line, for at least one full bull-bear cycle, which is around four years, but more than one cycle is better, the analyst explains.

One doesn’t need innovation and cutting edge technology to build value in their coin, says Woo. “These are monetary instruments, they build value with economic network effects.” He finds Dogecoin as an example of an altcoin with no particularly significant technology or smart contracts, nor has it solved some of the major issues in the crypto and blockchain world. If we look at its GitHub, we see the last activity recorded 5 months ago.

However, the researcher believes that Dogecoin achieved SoV due to the Lindy Effect. The Lindy Effect is one of the more interesting things you’ll come across in your daily life wherever you turn. It basically means that future life expectancy of a non-perishable thing is proportional to its current age – its mortality rate decreases with time. So, if a technology is six years old, like DOGE is, it’s expected to last six more. Next year it’ll be seven years old, and if the effect persists, its life expectancy will be that much longer. “An oscillator can always breakdown. Due to Lindy Effect, it becomes harder the longer it stays an oscillator,” Woo writes.

The key thing about oscillators is that there is eventually always a pump. Whereas degenerators keep going down (which really hurts the bag holders)

[CuriousGeorge]

The price movements of Doge and Altcoin seem to exist but this does not mean this is a sign that the bull run will arrive soon, we will see in the next few weeks, and I think we still need to be patient and reduce expectations a bit.

The price looks so stable and there is no movement. doge never hit above 30 satoshi rate and it has been a few months since the last bullrun. Everyone is free to make their expectation as long as it makes sense and it can be discussed with the community.
We need to be patient until bitcoin comes and push altcoin.
doge will stay at this price because it has nothing to do with its inflation. 

[bustedsynx]

Well, a rallying DOGE would only mean one thing: The altcoin traders are back. And with them, the medium-term investors will follow  and the newbie crypto virgins will follow suit, looking for a coin that will bring 4Xs.

[stoos]

Well, a rallying DOGE would only mean one thing: The altcoin traders are back. And with them, the medium-term investors will follow  and the newbie crypto virgins will follow suit, looking for a coin that will bring 4Xs.

And regulators with dildos will finish the rally

[NathanJB]

Well, a rallying DOGE would only mean one thing: The altcoin traders are back. And with them, the medium-term investors will follow  and the newbie crypto virgins will follow suit, looking for a coin that will bring 4Xs.

A rallying DOGE would mean better days for the entire altcoin world. It also means the price of Ethereum and other top altcoins are also pumping.

And the newbie crypto virgins will buy when the prices are already high. And they will lose because by the time the prices will correct, they will panic and they think that the market will crash and therefore they will sell. 

[miningguru]

The price movements of Doge and Altcoin seem to exist but this does not mean this is a sign that the bull run will arrive soon, we will see in the next few weeks, and I think we still need to be patient and reduce expectations a bit.

People who are holding Doge is completely positive about the current prices, but it doesn't mean we are on a bull run. The Dominance of Bitcoin makes us Doge to go down, but once the BitCoin Dominance decrease we might surely see the upwards trend for the Dogecoin.

[Pelunize12]

Well, a rallying DOGE would only mean one thing: The altcoin traders are back. And with them, the medium-term investors will follow  and the newbie crypto virgins will follow suit, looking for a coin that will bring 4Xs.

how can rallying DOGE price correlate with backing altcoin trader? what is the reason?

DOGE is just small part of altcoin, there are many coins which are better than DOGE, so if one coin can be correlate with altcoin, why it must be DOGE?

i think traders are back just when most of all coin can be up simultaneously.

[adroitful_one]

The price movements of Doge and Altcoin seem to exist but this does not mean this is a sign that the bull run will arrive soon, we will see in the next few weeks, and I think we still need to be patient and reduce expectations a bit.

The price looks so stable and there is no movement. doge never hit above 30 satoshi rate and it has been a few months since the last bullrun. Everyone is free to make their expectation as long as it makes sense and it can be discussed with the community.
We need to be patient until bitcoin comes and push altcoin.
doge will stay at this price because it has nothing to do with its inflation. 

DOGE has been way above 30 satoshis and it has been more than a few months since the last bull run. I can remember buying DOGE to transfer funds from one exchange to another and it was around 90 satoshis at the time. I'm pretty sure it even went up higher than that. So, the coin can and probably will end up getting over 100 satoshis again. It really doesn't matter that it's a joke coin. All that really matters is that people want it. Which, they seem to. Personally, I use it all the time when moving funds from one exchange to another because it's so cheap to withdraw.

[leea-1334]

That was a bit of fun while it lasted for Dogecoin, was it not?

I am still getting a little DOGE myself every now and then,,, so strange I hardly ever add to other altcoin bags but Doge for me is just something special, and you know for sure it always has something in it to go to 100 satoshi;)

Like poster above said, the only thing that matters is people want it!

[samuraijin]

binance is still at 30 satoshi until now, so I don't think there will be anything to worry about by the end of this year, I think DOGE needs time to go for 40 satoshi too

Like poster above said, the only thing that matters is people want it!

well of course I also want Doge on a large exchange site, I usually use Doge to withdraw my funds and move from exchange A to exchange B, usually because it is cheaper to withdraw fees for DOGEcoin

[alyssa85]

how can rallying DOGE price correlate with backing altcoin trader? what is the reason?

DOGE is just small part of altcoin, there are many coins which are better than DOGE, so if one coin can be correlate with altcoin, why it must be DOGE?

i think traders are back just when most of all coin can be up simultaneously.

Which ones? There are a lot of alts with hype - and then they usually crash and burn.

Doge has this advantage: it's easy to understand, easy to use, low fees and the most crucial point of all, it's on most exchanges. Whereas lots of other alts are on a couple of exchanges and are always in danger of getting delisted.

[Sendi blackspade team]

how can rallying DOGE price correlate with backing altcoin trader? what is the reason?

DOGE is just small part of altcoin, there are many coins which are better than DOGE, so if one coin can be correlate with altcoin, why it must be DOGE?

i think traders are back just when most of all coin can be up simultaneously.

Which ones? There are a lot of alts with hype - and then they usually crash and burn.

Doge has this advantage: it's easy to understand, easy to use, low fees and the most crucial point of all, it's on most exchanges. Whereas lots of other alts are on a couple of exchanges and are always in danger of getting delisted.

doge has a strong market. not to mention the use of dogecoin for some gambling sites is also very interesting. that's what makes doge different from altcoin in some markets and then disappears. although with a large and constantly updated supply, doge remains consistent in the market and with small pumps attracts trade. but remember that many people have a doge only in the short term. not in the long run because these assets are very slow in moving. but often gives surprises when the market goes down and small pumps do.

[Cnut237]

There is still no real use case for the coin. I know it is perhaps taken more seriously now than when it started, but still, it needs a proper use case that distinguishes it from everything else on the market.
I don't think we'll see a price surge based on expectation of future utility for this coin.

[consideritdone]

doge never sleeps https://www.coingecko.com/en/coins/dogecoin

[coin-investor]

There is still no real use case for the coin. I know it is perhaps taken more seriously now than when it started, but still, it needs a proper use case that distinguishes it from everything else on the market.
I don't think we'll see a price surge based on expectation of future utility for this coin.

If there are no real use case it should have gone long ago if you notice the majority of exchanges had a pair using Doge, and it's being used as a tipping coin from many projects, not to mentioned it is being used in gambling sites, I'm very bullish on Doge, this is a coin that will stay even if there are similar tipping coins in the market, this is the first meme coin in the market.

[iv4n]

Now the price of doge is $0.002, all times high was $0.0187, I think doge can go back there. In that time I remember correctly it was a little more then 100 satoshis!
I think that doge can go higher then this, doge price fluctuates but in long time range. But will we see a drop before some higher price, its question, I'm following doge when I can these days and looks like price hold strong position, it doesn't go under 28 satoshis.

[dishku]

Now the price of doge is $0.002, all times high was $0.0187, I think doge can go back there. In that time I remember correctly it was a little more then 100 satoshis!
I think that doge can go higher then this, doge price fluctuates but in long time range. But will we see a drop before some higher price, its question, I'm following doge when I can these days and looks like price hold strong position, it doesn't go under 28 satoshis.

Agreed with you it is not a pretty hard for DOGE to get recover it has very large community and from the beginning it is showing good results. People love to use this coin because of its cheap price but it is really hard to predict whether it is go below 28 sats or not.

[Pelunize12]

how can rallying DOGE price correlate with backing altcoin trader? what is the reason?

DOGE is just small part of altcoin, there are many coins which are better than DOGE, so if one coin can be correlate with altcoin, why it must be DOGE?

i think traders are back just when most of all coin can be up simultaneously.

Which ones? There are a lot of alts with hype - and then they usually crash and burn.

Doge has this advantage: it's easy to understand, easy to use, low fees and the most crucial point of all, it's on most exchanges. Whereas lots of other alts are on a couple of exchanges and are always in danger of getting delisted.

not hard to mention them; bitcoin, ethereum, ripple, litecoin, EOS

they have bigger community, bigger marketcap, so on. and of course more exchange than DOGE

i woulndt say that DOGE is bad, but there are many coins are better than DOGE

buying super solid coin is a must in this bearish alt market