Is Dogecoin a real coin?

[JooBra]

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Dogecoin is a real coin. It has been around for years and definitely will be around for the future. It might not be as popular as BTC or ETH but still there are plenty of investors. If you look at the dogecoin price you see that there was already higher trading before the Elon Musk tweet, this is due to a higher interest from reddit users. If you already own coins I would keep them and if you want to buy some, I would keep an close eye on the price and buy when the price drops a bit.

Well I agree with you for people who bought it under 5cents. Buying now it's not smart since the price is pumped to much. I think this is not real price( to much pumped ) of DOGE even in bull run.

[Nightz]

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Dogecoin is a real coin. It has been around for years and definitely will be around for the future. It might not be as popular as BTC or ETH but still there are plenty of investors. If you look at the dogecoin price you see that there was already higher trading before the Elon Musk tweet, this is due to a higher interest from reddit users. If you already own coins I would keep them and if you want to buy some, I would keep an close eye on the price and buy when the price drops a bit.

Well I agree with you for people who bought it under 5cents. Buying now it's not smart since the price is pumped to much. I think this is not real price( to much pumped ) of DOGE even in bull run.

Correct me if I am wrong but doesn't Dogecoin have very low transaction fees? That would be a good reason for it to be used as long as it is solid and a properly functioning network. That seems to be the case for now.

[jerrison]

 i aactually expcted to see  this kindda topic considering the fact that dogecoin became the top top 10 coins with coinmarketcapitalization.  let me borrow the words of my friend Ryan Allis "Doge is absolutely worthless in the long run. Just market manipulation by retail traders. No actual project or value behind it. Nothing at all runs on it."

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

[kevinzxz]

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Doge was made just to joke (meme coin), but I didn't think that the price could go up that high and I think Doge price could reach $1 if Doge had a lot of support and became more popular, but of course the risk of investing in Doge is also very big, because the possibility that the price of Doge could fall can also happen, therefore if you do not dare to invest with a big risk, then I do not recommend you to invest in Doge.

[adzino]

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

It is a real coin, in fact one of the oldest. It has any excellent use case? Other than the fact it is used for tipping users in community, nope. It gets pumped and dumped regularly. Every time Elon says "doge", the price skyrockets and then falls. Dogecoin didn't have any active development until the last price rise. When the price started to go up, the developers decided to work again and keep it updated (at least that's what I have heard).
Not a fake coin, has active community but too risky to invest.

[deathcode]

Dogecoin = PumpingCoin

This coin was created for the lulz. Just look at it's course now. Greatest LOL

Since when did the term Dogecoin name change to Pumping Coin so you immediately say it's great at this point while Dogecoin tokens have been circulating in the crypto space for a long time. LOL

he thought Dogecoin was an asset that had just entered the crypto market.
actually, Dogecoin has been very popular and has been in the crypto market for so long. especially for gambling lovers, surely they also know how crypto gambling sites use Dogecoin.
I also first got to know Dogecoin from a gambling game. and it looks very popular in the community.
And when you look at what is currently happening to Dogecoin, maybe a lot of crypto gamblers regret having to waste their Dogecoin for nothing because the price is currently experiencing a high increase.

[AhmadM]

Doge was made just to joke (meme coin), but I didn't think that the price could go up that high and I think Doge price could reach $1 if Doge had a lot of support and became more popular, but of course the risk of investing in Doge is also very big, because the possibility that the price of Doge could fall can also happen, therefore if you do not dare to invest with a big risk, then I do not recommend you to invest in Doge.

It's true that doge has lots of support from the community, but due to overpriced of doge I think it more suitable to say it as "lots of influencers shilling doge (pumped) lately" rather than calling it as support, lol. And yeah I have the same thought if it is not the best time to jump in into doge right now.

[Traderbtcc]

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Yes of course, dogecoin is a real cryptocurrency, I can't say anything about its potential I think that's up to you to do a proper research before thinking of investing, doge is driven by its large community I don't know if it has potentials, but seeing the price pump crazily since yesterday makes me remember we are in the crypto world where any coin can just pump for no reason, and there isn't any active developments happening on dogecoin that's because the core devs have already abandoned the project a long time again.

[vs2014]

I agree that Dogecoin is a real currency that has wide popularity, It started out as a joke. Now, defying all odds, dogecoin is worth $40 billion, and its price has risen by a whopping 400% in the last seven days, I think that this currency will have an effect in the future, and I advise everyone to invest it.

[sadewa69]

I agree that Dogecoin is a real currency that has wide popularity, It started out as a joke. Now, defying all odds, dogecoin is worth $40 billion, and its price has risen by a whopping 400% in the last seven days, I think that this currency will have an effect in the future, and I advise everyone to invest it.

I don't think a lot of people see Dogecoin as an asset that has the capability to do all of this.
the community and the market are wide, but there is no real function of this altcoin. that is the reason most people will not hold Dogecoin in the long run.
but now all the thoughts about bad assets and meme assets have been broken. the strong pump makes doge is currently much talked about by the community.

[btc-facebook]

Dogecoin is a meme coin, nothing special, technically and fundamentally unattractive, and the price has gone up recently due to strong market sentiment due to elon musk tweet.
Be careful if you want to invest in Dogecoin, my advice is to look for another coin that is better, like HOT, the price is still cheap and fundamentally or technologically better than Dogecoin

[uneng]

Dogecoin isn't a *fake coin* like most altcoins you see around, which are product of speculative ICOs. Dogecoin has a long story in crypto universe since many years ago, since 2013. It is seen as a legit funny currency and for this reason many people joined the hype. I'm not sure, however, if there is a technical explanation behind doge's pump, besides cheap transaction fee.
It looks like doge's fan base is really strong and was hugely boosted recently by Elon Musk fans and himself investments as well. That is all...

[Lizzylove1]

Doge coin is a real coin. Elon Musk must have instigated the previous pump, but has since been taken over by the crypto community. It has no active developers as at when it was been trending. It's a Meme coin and it's equally a show of people's power when they are united. these days meme and experimental tokens are pumping. Look at SHIB, FREECOIN, SAFEMOON they are been inspired by dogecoin.

[junkerr]

Doge coin is a real coin. Elon Musk must have instigated the previous pump, but has since been taken over by the crypto community. It has no active developers as at when it was been trending. It's a Meme coin and it's equally a show of people's power when they are united. these days meme and experimental tokens are pumping. Look at SHIB, FREECOIN, SAFEMOON they are been inspired by dogecoin.

those you mention are new tokens that are here to enliven the market.
will either be like a doge or not. but doge has a bigger market. Their community is strong because indeed many holders come from miners and big market communities.

[LogitechMouse]

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Is DOGE a real coin?? Yes it is a real coin or at least it is considered as a well-established digital currency right now because it has been there for a long time and there are some who are using it for transaction purposes.
Is DOGE have a good potential?? The fact that this coin is just a meme coin, the fact that the price of it is heavily driven by hype and the fact that this coin has an unlimited supply is a proof that this hasn't have any potential or at least there are no reasons to hold it long term in my opinion.

DOGE isn't a fake coin but considered a meme coin, a hyped coin and a pump and dump coin.

[Republikcoin.com]

DOGE is a real coin and for now, DOGE is a dangerous coin. I think all of you should be more careful in investing in cryptocurrency on coins that have been pumped because of tweets. Elon Musk currently looks better than Mc Afee, I don't know what silly things he will mention in the future, it will make him the second McAfee to become a cryptocurrency ambassador on twitter. Elon has too much power to manipulate the cryptocurrency market today.
He ruined the DOGE ecosystem which previously only wanted to use DOGECOIN as a fun coin, now it has become a more serious DOGECOIN for speculation. Everyone is going to use their brains and in-depth analysis for DOGECOIN, and that's very unpleasant because every user will be under pressure

[killerfrost]

Hello,
Is Dogecoin a real coin and have a good potential or just pumped because Elon Musk tweets? I mean is that Dogecoin has a good technology and active development... or is a fake coin!!!

Thank you.

Yep, it will certainly be mentioned a lot in this market, a scenario that no one would have imagined that dogecoin is going crazy in the market. Since it received attention from Elon Musk, it has almost turned into a diamond in the crazy bull market and has not run out of fomo about it, very likely the next time the doge will reach $1.

[Lizzylove1]

those you mention are new tokens that are here to enliven the market.
will either be like a doge or not. but doge has a bigger market. Their community is strong because indeed many holders come from miners and big market communities.

Freecoin is not new it has been here since about 2018 here is their post on bitcointalk April 2018 https://bitcointalk.org/index.php?topic=3267883.0. They actually run on 3 blockchains: The ERC20, TRC20 and BEP20, and has 288k+ holders on BEP20 alone.

[WINNERZ]

yes, its real coin, Dogecoin is a meme cryptocurrency invented software engineers by Billy Markus and Jackson Palmer, and he decided to create a payment system that is instant, fun, and free from traditional banking fees.

[lablab03]

Of course you can't see it as top 5 in coinmarketcap if isn't genuine and not trustworthy project. As the matter of fact the possibility/future of this coin is very clear than other alts.. "The stats in the market can tell!" ..  That's why no wonder why it belongs to top coins ever since before IMO.. And Fyi doge is the only coin that glowing in the market despite of the corrections.