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Author Topic: Will Dogecoin survive without Elon Musk?  (Read 1561 times)
matchi2011
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October 14, 2021, 06:03:41 PM
 #241

I think Dogecoin is just for a joke, and basically just that. But if Elon Musk sees it as a project that can make him add to the coffers of wealth, it could be that Dogecoin will still strengthen.
Might come out as a joke but the fact it the dogecoin project came up as a joke and any monetary benefit that came with it was not anticipated...was more of a consolation prize.  And Elon Musk joining in to hype the dogecoin project could be that his playing along to keep the joke / the meme king alive but overall with or without Elon musk dogecoin will be there, the crypto ecosystem is bigger than an individual.

The fact that Musk is no longer bringing anything new to this coin and the price still hanging @ $.2. A Meme coin who attract
investors support, we don't know what's the fate of this coin but in terms of surviving this coin still very possible to stay at it is.

if you like the risk and you believe that Musk or whoever individual that shows interest to this coin may pump it back and begin
another market run.

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October 14, 2021, 07:27:33 PM
 #242

Most likely Dogecoin without Elon Musk wouldn't be as good as it is now anymore. Elon Musk may indeed be one of the biggest factors Dogecoin can be like now.
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October 14, 2021, 08:31:14 PM
 #243

I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.
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October 14, 2021, 08:47:05 PM
 #244

I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

It was barely alive if you think elon isn't a huge factor here you are kidding yourself.  What else does doge have or do that every other coin can't?  Aren't they still trying to implement segwit which was like a 2016 thing lol.  No one is working on doge and it's reliant on all bitcoin upgrades for them to keep.up.  it's a joke clone coin that's it, period.

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October 14, 2021, 09:21:49 PM
 #245

I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

It was barely alive if you think elon isn't a huge factor here you are kidding yourself.  What else does doge have or do that every other coin can't?  Aren't they still trying to implement segwit which was like a 2016 thing lol.  No one is working on doge and it's reliant on all bitcoin upgrades for them to keep.up.  it's a joke clone coin that's it, period.
And it was hyped by someone which is a billionaire and as this market is really highly reactive to hypes and news then its no surprising that it did really make out some significant rise up on prices.
This is why you should really be careful on making out decisions because this would really cost you money whenever you do caught yourself in the middle of the dump which would really
end up for you to hold for long term until you do make cut losses. Every coin does have particular risk and its usage and its true that this was just a clone meme coin in the first place.

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October 15, 2021, 01:24:38 PM
 #246

I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

Currently the price of DogeCoin is really stable and it isnt going either up or down.While other coin go up and down.Without Elon Musk its hard to predict that Doge can go into a pump spree again.Mostly newbies invested into this coin and probobly their patience will run out soon
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October 15, 2021, 01:48:31 PM
 #247

Most likely Dogecoin without Elon Musk wouldn't be as good as it is now anymore. Elon Musk may indeed be one of the biggest factors Dogecoin can be like now.
I even laughed reading your statement, do you know that Dogecoin has been around since 2013 and Elon Musk at that time did not know Dogecoin well and no one knew where Elon Musk was at that time, but why Dogecoin is still alive today although in the past the price was very cheap? that means the robustness of Dogecoin is not in the hands of Elon Musk because he is not a god who can save other lives. Cheesy Cheesy
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October 15, 2021, 02:18:18 PM
 #248

I think that Dogecoin would definitely survive without Elon Musk. For example, it is already surviving while Elon Musk is not doing anything to show his support for it. And by the way, Dogecoin was already surviving before Elon Musk started a big hype about it for the first time. The price was of course not this big but it was able to survive in the end. It was just no more than a meme coin, that's all.

Currently the price of DogeCoin is really stable and it isnt going either up or down.While other coin go up and down.Without Elon Musk its hard to predict that Doge can go into a pump spree again.Mostly newbies invested into this coin and probobly their patience will run out soon
I agree and this is very true! Any investor will tell you high volatile markets pose a huge risk on investments and during the times of Elon Musk constant tweeting and posting his opinions on the dogecoins project it was really difficulty to know whether doge will be bullish or bearish which meant price stability was never there. But today without much of his involvement the price of the meme coin is super stable and this is what I would look for in a coin.

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October 15, 2021, 05:01:26 PM
 #249

in my honest opinion, i really think that Dogecoin cannot survive without Elon Musk, why?
because it's all because of Elon Musk effect that Dogecoin can hold out and survive until now, i don't think that dogecoin can maintain its existence if Elon Musk really stop supporting it.

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October 19, 2021, 06:42:05 PM
 #250

For now, the price of Doge has remained in a very good position, as it is at 0.24 with + 4.23%, which indicates that without any help from Elon Musk, the price of Doge has been rising in a comprehensive and positive way. :


Quote
If buyers sustain the price above the downtrend line, it will suggest that correction may have ended. The pair may then rally to $0.32, followed by an up-move to $0.35.
Source: https://cointelegraph.com/news/price-analysis-10-18-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

Many may be waiting for another good move for DOGE, the truth at this time I would not risk with the currency, however I think that as long as the BTC raises this movement it will benefit Doge.

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October 20, 2021, 07:23:59 AM
 #251

It doesn't seem to be. Now that Dogecoin is downtrend, it is likely to drop again at $0.2. Fundamentally less good, Elon Musk might as well consider this coin just to reduce his boredom alone. So there's nothing to invest in these coins. I think so.

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October 22, 2021, 01:17:04 PM
 #252

It was barely alive if you think elon isn't a huge factor here you are kidding yourself.  What else does doge have or do that every other coin can't?  Aren't they still trying to implement segwit which was like a 2016 thing lol.  No one is working on doge and it's reliant on all bitcoin upgrades for them to keep.up.  it's a joke clone coin that's it, period.

Exactly. Dogecoin is simply a joke with no real use cases in the mainstream world. Those who think otherwise, simply don't know what DOGE is all about. The project might survive without Elon Musk, but it won't gain the same attention as it has right now. Dogecoin will be left behind in the dust, just like everything was before Elon Musk started shilling it. As I've said many times already, there are far better cryptocurrencies on the market with innovative features, greater ambitions, and real use cases than Dogecoin itself. It's up to you to decide which coin to invest into for the long haul. I wouldn't advise anyone to take Dogecoin seriously unless you're willing to lose a lot of money in an instant. Just my opinion Smiley

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October 22, 2021, 09:10:51 PM
 #253

in my honest opinion, i really think that Dogecoin cannot survive without Elon Musk, why?
because it's all because of Elon Musk effect that Dogecoin can hold out and survive until now, i don't think that dogecoin can maintain its existence if Elon Musk really stop supporting it.
LOL, is Elon Musk still supporting dogecoin now ? and when Dogecoin has been in cryptocurrency since 2013, does Elon Musk know him ?
This makes me wonder when did you know Dogecoin and when did you know Elon Musk Grin Grin
No, that's not what we are talking about here, look, DOGE was recognized as a meme coin in the past although it has a good trading volume when Elon started to shill DOGE, it almost went to $1 and the current price is still high, so if Elon will stop supporting DOGE, there's no reason it will survive at the current standing as it was only because of Elon on why DOGE has pumped this high, that's the real logic here.

The question now is, do you still see the same hype of DOGE we have before? if not, then we should expect for DOGE to eventually have a correction and that means panic for those who ride with the FOMO.

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October 22, 2021, 10:50:48 PM
 #254

in my honest opinion, i really think that Dogecoin cannot survive without Elon Musk, why?
because it's all because of Elon Musk effect that Dogecoin can hold out and survive until now, i don't think that dogecoin can maintain its existence if Elon Musk really stop supporting it.
LOL, is Elon Musk still supporting dogecoin now ? and when Dogecoin has been in cryptocurrency since 2013, does Elon Musk know him ?
This makes me wonder when did you know Dogecoin and when did you know Elon Musk Grin Grin
No, that's not what we are talking about here, look, DOGE was recognized as a meme coin in the past although it has a good trading volume when Elon started to shill DOGE, it almost went to $1 and the current price is still high, so if Elon will stop supporting DOGE, there's no reason it will survive at the current standing as it was only because of Elon on why DOGE has pumped this high, that's the real logic here.

The question now is, do you still see the same hype of DOGE we have before? if not, then we should expect for DOGE to eventually have a correction and that means panic for those who ride with the FOMO.
What goes up do definitely goes down and to know that DOGE was already on this market before Elon did hype this thing.If ever he would go out into this market then for sure its price would

really be going back on that before hype thing happened but doesnt mean that its already over for Doge.It would dump but doesnt mean that it would become shit.

It is still way more better than on most low cap and shitty tokens in the market.So its up to someone if they could still risk out.

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October 22, 2021, 11:33:31 PM
Last edit: October 22, 2021, 11:44:35 PM by vroom vroom
 #255

Couple of years ago, around 2018, I researched a bit deeper about dogecoin. I came to conclusion, that it is like dormant: development dead, a dying thing.

Now quite recently I stumbled across news, that dogecoin has been actively developed again. There is the US company called "Dogelabs" (New York City and Tulsa, Oklahoma) discovering, creating, and implementing “real-life” uses for the Doge Protocol. A layer bridge between doge and ethereum is coming, and so on.

So obviously dogecoin has a chance to survive also without mr. Musk, although he can and has already given huge boost.
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October 24, 2021, 02:25:59 PM
 #256

Couple of years ago, around 2018, I researched a bit deeper about dogecoin. I came to conclusion, that it is like dormant: development dead, a dying thing.
If in 2018 it was not only Dogecoin that was dying, but Bitcoin itself is also experiencing it now along with all other Altcoins that are also popular at this time, so I don't think it is a suitable thing to be used as a specific benchmark for Dogecoin.


That's correct, you can't just based on the past because 2018 is a year where most altcoins have suffered a lot and it's the start of a long correction. The growth of DOGE is not due to its development, it only rises in value due to the hype created by Elon Musk, so it's safe to say that without him, DOGE will remain on its value of volatility.

Now, look at DOGE, does it pump again? No, it only moves within its range and there's a big indication that it's just like a ticking bomb that will explode anytime and people will eventually panic.

When the reason for the rise is hype, you'll know what will happen when there's a FUD.

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October 24, 2021, 08:21:34 PM
 #257

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
Yes, the Dogecoin will survive without the major influencers, led by Elon Musk, but it will maintain its usual price and will remain a coin that has no real uses, and as we know that Elon Mask had a great influence on the price of the Dogecoin and on the gain of that coin to its wide popularity, and if the demand for Dogecoin increases and people use it on a large scale to buy and sell goods, then its value will rise or stabilize without the intervention of Elon Musk.

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October 24, 2021, 08:29:15 PM
 #258

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
Yes, the Dogecoin will survive without the major influencers, led by Elon Musk, but it will maintain its usual price and will remain a coin that has no real uses, and as we know that Elon Mask had a great influence on the price of the Dogecoin and on the gain of that coin to its wide popularity, and if the demand for Dogecoin increases and people use it on a large scale to buy and sell goods, then its value will rise or stabilize without the intervention of Elon Musk.

Elon Musk did a good job on his personal interest in DOGE, though I must admit that there are people who are lucky enough to ride the train and able to sell at the right time. It's hard to ignore those newbies in the market who are just FOMO'd and now continue holding their bag of DOGE still believing that they'll be able to sell their holdings to their target price.

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October 25, 2021, 07:14:35 AM
 #259

In my opinion DOGE can survive without elon musk, even tough elon didn't tweet or mentioned about doge anymore i think doge still can survive in top 10 crypto based on marketcap, the reason why i saying like this because DOGE has a big community who can support the project.

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October 25, 2021, 11:21:54 PM
 #260

Unlike any other cryptocurrency, there is a lot of love for Dogecoin even without the involvement of Elon Musk. Everyone forgets that. We love Dogecoin but we don't like Elon anymore with what he did to the market about its manipulative tweets. As a joke and now with Elon pumping it and lots of people jumping on board. , I think it will stay in its iconic status for a while. Elon Musk has disappeared since then and he no longer posts Dogecoin related stuff. I really he will come back and continue Keep taking Dogecoin higher and higher with the next record ATH.

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