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Author Topic: Is Dogecoin a real coin?  (Read 513 times)
Hypnosis00
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April 17, 2021, 03:58:12 AM
 #61

I want to know why OP is asking this one. I'm not sure if he does the research prior to this or he is just asking if Dogecoin could really be profitable and suitable for a long-term investment just like Bitcoin.

DOGEcoin is one of the known coin in market, you might never see that coin in progress if it is not legit.
Elon Musk has a huge contribution to its huge pump, people are buying such tweets and made them in FOMO seeing it was backup by Elon Musk.

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April 17, 2021, 05:41:40 AM
Last edit: April 17, 2021, 05:55:31 AM by andthereyou
 #62

In my own opinion. Yes, it's real as long as people will use it, buy or sell it. Some people might think it's not because it started as joke and was base in meme.
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April 17, 2021, 05:53:16 AM
 #63

It is real and it does have value. I have been using it to bet on dice site before the dice site is shutting down (break) for the meantime so, yes it is real and legit. You should do more research about dogecoin so you will know more about it especially if you are interested in knowing about dogecoin and owning some dogecoin.

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April 17, 2021, 05:57:56 AM
 #64

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.
As for the meme coin's nature, I don't think there's anything better for it to consistently explode except for the fomo impact on a hype from Elon Musk.  no identity, no product.  I'm not a fan of fomo to make money.  So if you go along it.  be sure to use your seat belt. Lol
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April 17, 2021, 06:54:00 AM
 #65

It is real and it does have value. I have been using it to bet on dice site before the dice site is shutting down (break) for the meantime so, yes it is real and legit. You should do more research about dogecoin so you will know more about it especially if you are interested in knowing about dogecoin and owning some dogecoin.
Dogecoins got value which makes it a real one like any other coin, I guess. But, if you look into the story behind the creation of dogecoins, then definitely be will get into doubts like whether it is really having value and it is really a coin. Because, it was created for fun purposes like memes and the purpose of dogecoin is just to prove its devs that they know how to create altcoins and nothing more as far as I understood.

But, it is time to forget all those drama and we should focus on buying it cheaper to enjoy easy profits in coming days. It means being it real or not is anymore a concern. Let's just enjoy the returns we deserve by investing in dogecoins.

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April 17, 2021, 06:57:38 AM
 #66

In my opinion, the DOGE coin  real coin, and this coin was made several years ago, but the DOGE coin is not as famous as other altcoins, so this coin is rarely known by the public, only in 2021 DOGE coins has skyrocketed thanks to the tweetan of great entrepreneur, Elon Musk, so this coin has shocked the crypto market, I think this altcoin is like coin meme that seems too forced, but I am personally happy to see this coin grow because I also hold this coin, I hope the doge coin can last longer in the crypto,

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April 17, 2021, 08:03:54 AM
 #67

I won't say it's a fake coin as it is also a tested and trusted coin in the market for long but I think the dev of Doge is not much active. In my opinion, I don't count Doge as a potential coin. I feel the current bull run of DOGE due to Elon's tweets. Doge is known as a MEME coin as I read but now it is more a Pumping and dumping coin. From my point of view, its risky to trade.

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April 17, 2021, 08:21:54 AM
 #68

Of course doge is a coin worth investing in, look at the current price being pumped up as if it was endless, of the many altcoins that have been on the market for a long time maybe only Doge has shown much better performance, what's more for those who have been holding on to it a long time of course you have got maximum results, currently doge is supported openly by Elon who can always create hype in the crypto market.
just enjoy the process and see it is not impossible one day Doge can touch $ 1.
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April 17, 2021, 08:32:29 AM
 #69

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 is a real and real coin. but for the problem of how the coin price can change drastically we need to try to do research, because we should not be fixated on the soaring price of the coin without us knowing in detail how the coin works, yes, we are required to work hard before investing.
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April 17, 2021, 10:04:18 AM
 #70

Dogecoin is like bitcoin with the same SHA256 Hash Algorithm . But its a far different from what it made years back with its much allocated number of coins and market cap . But hey, it is pumping like hell now and I remembered I did use this a leverage several instances hedged to BTC.

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April 17, 2021, 12:56:21 PM
 #71

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.

Although it was created as a joke, Dogecoin is still a real coin. Overall, I'm not a big fan of this coin, but I can not deny the great interest in it from millions of people. And in my opinion, this interest is the basis of the price increase and not some achievements of the project itself. And when people like Elon Musk tweet about things like that, it always raises interest.
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April 17, 2021, 05:00:56 PM
 #72

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.

Well, it is a real coin because it has value, high value. Mate, if it wasn't a coin, then it wouldn't reach at this price.
For me, dogecoin has a good potential, i like to using dogecoin when sending coin from one exchange to another because the transaction fee is low. About Elon Musk, what if he has bought doge coin before he tweet about doge?  Roll Eyes

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April 23, 2021, 09:21:24 PM
 #73

Doge coin is of course real coin coin.  Many people may think that the increase in the price of Doge Coin due to its rocket speed may be considered as a scam coin but in reality it has happened due to the pumping of Doge Coin.
l can not say that dogecoin is a real coin or something else. That is why if l would say Dogecoin is not real, it would be absurd that is why there are a lot of people who preferred investing in this coin. However, for me, Dogecoin is one of the shitcoins and you can check that. No doubt dogecoin has been so popular after Elon Musks' tweet and that is only one reason for Dogecoin pumping. There is no other reason, this coin has been made for joking, there is not any purpose. We should say the truth and all of these facts should not be denied.

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April 23, 2021, 09:29:50 PM
 #74

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 kinda a real deal now just because of the Elon coin and people are discussing giving the token a utility because with this kind of token it just needs a utility especially with the high market cap it is today.

So most of the time investing in Doge was just a gamble because there was no utility so definitely just about making money buying and selling, also not for long-term investment more like a  pump and dump.

It is just surprising to see the  DOGE coin reach its ATH because once it's reaching a certain price it could sustain that price and not really dumping where it can't recover anymore.

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