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Author Topic: Will Dogecoin survive without Elon Musk?  (Read 1610 times)
noah tall
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September 29, 2021, 06:44:35 PM
 #201

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.

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September 29, 2021, 08:15:32 PM
 #202

Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future.

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you. Smiley
Dogecoin is a surviver as it has survive all this years on its own before Elon musk came into the picture. The ups and downs has always been there, Elon musk tweets just give investor more turst in the project with the hopes of it reaching $1. They'll now have to find that faith in other things if Elon musk was to disappear like the whole market been bullish or any other shiller.
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September 30, 2021, 06:14:29 AM
 #203

Even with Elon supporting Dogeshitcoin 24x7, it's survival is not guaranteed for the long term. Take out Elon from the equation, you will have another useless coin in your wallet. A coin can't purely survive on hype. It needs to increase the acceptability rates, and Doge has so far failed to do that. As a mode of payment, it is not preferred because more efficient, safer and affordable alternatives are available. And let's not forget the fact that Doge was originally created in 2013, to mock the very idea of cryptocurrency.
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September 30, 2021, 06:28:14 AM
 #204

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you. Smiley

When Elon Musk was not yet interested in Dogecoin, the Dogecoin already established its name and considered as one of the known cryptocurrency in the market it was also popular in the gambling sites and it was used as a test coin that can be achieved through faucet. The good thing about Elon Musk is he didn't just want to make it more famous but also improve its system and can have a real use in the real world.

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September 30, 2021, 04:16:04 PM
 #205

This is an interesting discussion because it must be admitted that DOGE that almost died was able to wake up again because Elon Musk plans to invest in DOGE, unfortunately there is no more news about Elon Musk's continuation so DOGE continues to decline, even though it decreases I believe DOGE will still be in the top 100 for several next years.
Exactly, even before Elon Musk talked about doge i was already using dogecoin to transfer values ​​between exchanges, i believe that Doge will continue to be used in this way for many years to come.
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September 30, 2021, 04:53:52 PM
 #206

This is an interesting discussion because it must be admitted that DOGE that almost died was able to wake up again because Elon Musk plans to invest in DOGE, unfortunately there is no more news about Elon Musk's continuation so DOGE continues to decline, even though it decreases I believe DOGE will still be in the top 100 for several next years.
That's right, from the start @elonmusk actually wanted to invest in doge, it seems that there was no response from the doge owner. because @elonmusk's intention is known, by buying as low a price as possible, in order to get high profits.

but the plan of intent sparked his followers and investors interested in rushing to buy doge. the effect of making prices rise sharply. many become impromptu millionaires because of rising prices.

right now you are right that doge continues to decline because of the influence of bitcoin but there are rumors that there will be someone who wants to do the same thing as @elonmusk, will the doge owner respond? we are waiting for further news because it will certainly be able to raise the value of the doge in front of him.

Exactly, even before Elon Musk talked about doge i was already using dogecoin to transfer values ​​between exchanges, i believe that Doge will continue to be used in this way for many years to come.
I don't think it's certain that doge will be able to be used as you expected, because they waiting for further news about investing in doge first. if no one invests new capital to make an increase, then many other platforms are pretty much an alternative to use.
the competition is quite high right now, the ethereum platform has started to be disturbed by bsc and maybe others.

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September 30, 2021, 10:42:34 PM
 #207

Dogecoin price was good before the elon musk effect. Elon opting out will only reduce it's value a bit, but yes, it'll survive.

Dogecoin wasn't good until Elon's hyped it. If that influential person didn't take over and enter the scene, Dogecoin is just an ordinary meme coin with stable volume and can't be considered a good coin to be traded for a short term.

Now with the silence about anything involving Dogecoin, don't expect that the price will be pushed up even with a bull market unless a like of Elon Musk or having with equal status, will make noise for that coin.
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October 01, 2021, 02:49:37 AM
 #208

Memecoins are subject to extreme volatility. For newbie investors this is not good and many of them will want to get out as soon as there is a big crash. The user base has grown a lot thanks to Elon Musk but there is only so much one person can do. We have seen it cool off recently and Elon hasn't tweeted much about it. There is only so much you can say about a coin with a dog's face as it's symbol. Doge is mainly just a pump and dump coin right now. It does not have much utility and isn't great as a store of value. It will go away like a lot of shitcoins if we don't see meaningful development and adoption soon.

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Chato1977
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October 01, 2021, 03:40:48 AM
 #209

Elon Musk is just a troll and the world is more bright even without Him , actually he only brings devastation to crypto market .
I don't know why people until now comes to listen to this person when it is obviously He has no concern in crypto at all.
all he want is his interest and for His Gain.
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October 01, 2021, 06:43:10 AM
 #210

Memecoins are subject to extreme volatility. For newbie investors this is not good and many of them will want to get out as soon as there is a big crash. The user base has grown a lot thanks to Elon Musk but there is only so much one person can do. We have seen it cool off recently and Elon hasn't tweeted much about it. There is only so much you can say about a coin with a dog's face as it's symbol. Doge is mainly just a pump and dump coin right now. It does not have much utility and isn't great as a store of value. It will go away like a lot of shitcoins if we don't see meaningful development and adoption soon.

Doge doesn't have any updates to attract investors it's just the hype from Elon Musk,

Now that he's quite nothing much is moving behind this coin, more investors already shift to other potential projects and start to forget this coin,

some may dumped they coin due to frustrations and some still hold and think that for long term it may comeback and reached $1 or more.

You really need to have a better plan if still thinking of trying your luck with this coin.

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October 03, 2021, 10:48:37 AM
 #211

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.
If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.
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October 03, 2021, 10:58:58 AM
 #212

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.
If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.
Lol there is no way that coins like this will disappear , yeah Meme coins is not that well to trust coin but never that it will be dead at any chances.
also Dogecoin is what i am using in my gambling activities in the past though recently the site that i usually played with dogecoin has already closed so i need to find one again.
Dogecoin will definitely survive without Elon Musk. Though he holds a large quantity, he's not the only big investor in the coin. And if for any reason the coin price should go down, it'll be as a result of panic from other holders.
Dogecoin price was good before the elon musk effect. Elon opting out will only reduce it's value a bit, but yes, it'll survive.
he might have large quantity but the thing is Will he dumped this coin in the future? and this is what I'm afraid of.

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October 03, 2021, 11:24:09 AM
 #213

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.
If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.
Lol there is no way that coins like this will disappear , yeah Meme coins is not that well to trust coin but never that it will be dead at any chances.
also Dogecoin is what i am using in my gambling activities in the past though recently the site that i usually played with dogecoin has already closed so i need to find one again.

Doge will not disappear, exchanges will continue to list DOGE because they are benefiting from it, the probable scenario would only be Doge going down its value because there's no hype anymore, and even if Elon will not leave and continue to shill, people would not bite it anymore as the hype is over, whales already made a profit on this coin.

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October 03, 2021, 12:34:51 PM
 #214

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.
If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.
Lol there is no way that coins like this will disappear , yeah Meme coins is not that well to trust coin but never that it will be dead at any chances.
also Dogecoin is what i am using in my gambling activities in the past though recently the site that i usually played with dogecoin has already closed so i need to find one again.
Doge will not disappear, exchanges will continue to list DOGE because they are benefiting from it, the probable scenario would only be Doge going down its value because there's no hype anymore, and even if Elon will not leave and continue to shill, people would not bite it anymore as the hype is over, whales already made a profit on this coin.

Dogecoin is an old coin that is quite popular and is listed on many exchanges, even in the future there is the possibility of listing on several
new exchanges. So I am optimistic that Dogecoin will survive and will not disappear, indeed the price of Dogecoin is now very low, but that
does not mean Dogecoin will die. As you said, Dogecoin prices tend to fall because there is no hype anymore. Then regarding Elon Musk,
I believe Dogecoin will survive without him. After all Elon Musk already has a bad reputation in the crypto world, the crypto community no longer
believes anything Elon Musk says. So even if Elon Musk tries to promote Dogecoin it won't succeed in creating hype anymore.

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October 03, 2021, 02:02:03 PM
 #215

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.
If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.
Dogecoin is one of crypto's primitive time pieces, its early years were its most prosperous and although there were times when it fell to the point of almost disappearing value but with the spiritual value of the original coins, dogecoin is still retained to serve to reduce transaction costs when at that time, revolutions in costs as well as transaction confirmation are very little innovation. Until now, the market has undergone many surgeries and started to lower the old base coins with low quality, combined with the burning of longevity due to Elon Musk, Dogecoin probably doesn't have much time with the market

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October 03, 2021, 11:31:08 PM
 #216

Who is Elon? Many still don't know who he is. Even though it has gone viral because of his statement on social media. I think the market is more affected by the rise in BTC and ETH prices, these two things are far more influential than Elon. Doge is an old coin that has also accompanied BTC and other coins throughout history.
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October 04, 2021, 01:20:54 AM
 #217

Who is Elon? Many still don't know who he is. Even though it has gone viral because of his statement on social media. I think the market is more affected by the rise in BTC and ETH prices, these two things are far more influential than Elon. Doge is an old coin that has also accompanied BTC and other coins throughout history.
What are you saying?

all that involving in crypto already knew who Elon Musk is , seems like you are the only person here who Knows nothing about Elon's participation in the whole crypto activities .

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Dogecoin will survive of course but this will not climb any higher again without the help of other whales or celebrity to increase the value .

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October 04, 2021, 12:46:22 PM
 #218

Elon Musk does play an important role in the development of Doge in general. So if you look at all of this, it's certainly very difficult in my opinion if Elon Musk will leave Doge, after what he did to increase the price of Doge.

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October 04, 2021, 05:43:52 PM
 #219

Dogecoin experienced a major correction after recording an all-time high (ATH) some time ago, Dogecoin drop are common for cryptocurrency once they hit ATH. Although it will still fluctuate, Dogecoin still has a bright prospect in the future. Its growing adoption and use is the key to dogecoin survival. Dogecoin has a strong community working for the general adoption and development of Dogecoin as an alternative method of transacting value, and is backed by the Dogecoin development Team which has many plans even beyond Dogethereum.

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October 04, 2021, 05:47:39 PM
 #220

Elon Musk does play an important role in the development of Doge in general. So if you look at all of this, it's certainly very difficult in my opinion if Elon Musk will leave Doge, after what he did to increase the price of Doge.

He was the only initiator where Doge coin came to limelight and the price surged to its ATH. But now seems to be more stable around and might not be that much dependent now with Elon tweets for rise or fall. Though some big players if buy and promote it will just help doge coin to cross that 0.5$ mark again.

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