Dogecoin - a joke or a way to make money?

[ardydyon]

Dogecoin was originally used as a meme coin which was only made for jokes.
but right now the price of dogecoin is real worth.
this is the result of influencers promoting this coin so many people buy this coin so the price of dogecoin increases.
The price of dogecoin is real but you have to be careful because the ups and downs are very volatile as a result of over-promotion from influencers.

[ringgo96]

We don't know if dogecoin in the future will be a project that can benefit many investors even though it is currently only known as memekoin which will not last long, although currently dogekoin is only known as a joke coin but in 2021 an increase occurred so that many investors who hold the coin get a very large profit, although at this time the decline is back but we can save in the long run.

[yohananaomi]

although initially it was only created as a coin meme, but in the course of almost 10 years, it was unexpected that it could finally be accepted as a fairly popular coin, which is clear when entering 2021 it began to increase along with tweets from @elonmusk. even created ATH $0.731578 - May 08, 2021 beyond anyone's prediction can reach this value. although in the future of course it still takes time and recognition in order to survive and of course it's good if you can improve.

[asyakashi]

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

The fact is that it actually earns that even if the cryptocurrency Dogecoin gets a lot of blasphemy as if it's just a joke coin, they will bubble up soon and so on.
But the fact that dogecoin is one of the top coins on coinmarketcap, at least in the top 100 shows that dogecoin has a quality to be reckoned with.
Dogecoin rose of course not without reason, because he got back up from the richest person in the world, namely Elon Musk.
I don't know whether Dogecoin is still good for long term storage or not, but I know Dogecoin has a high risk.

[Marvell1]

We don't know if dogecoin in the future will be a project that can benefit many investors even though it is currently only known as memekoin which will not last long, although currently dogekoin is only known as a joke coin but in 2021 an increase occurred so that many investors who hold the coin get a very large profit, although at this time the decline is back but we can save in the long run.

Although I don't like memecoins but really its difficult to predict whether memecoins will disappear or will be the next market hype. The future of dogecoin I think it will depend a lot on Elon, as most of the doge hype comes from ELon. As long as he tweets something bad about dogecoin, I think people will quickly dump dogecoins and forget about them.

[ijeb]

It is still a joke and will be. When the crypto market will get to the maturity those meme coins will start to die slowly because of no real use.
If you thinking of a long term investment in Doge it might not be that profitable but if you are a day trader then you can make money of it like from any other crypto that has a big trading volume.

[Abiky]

It is still a joke and will be. When the crypto market will get to the maturity those meme coins will start to die slowly because of no real use.
If you thinking of a long term investment in Doge it might not be that profitable but if you are a day trader then you can make money of it like from any other crypto that has a big trading volume.

Dogecoin is still a joke, as even the original creators said so. The inflation mechanism built into DOGE tells us that it should become worthless over time (not the other way around). People are just foolish enough to invest into something that is driven by pure speculation. Who would thought a guy like Elon Musk could make Dogecoin reach new heights?

Believe me, Dogecoin is only good for day trading or as a short-term investment. If you're looking for something serious, I'd suggest you look elsewhere. If hype for the "meme" coin continues to decline, I'm afraid we'll be seeing prices below $0.01 again. That wouldn't matter since crypto is all about utility (not the money). Just my thoughts

[Rasa nanas]

It is still a joke and will be. When the crypto market will get to the maturity those meme coins will start to die slowly because of no real use.
If you thinking of a long term investment in Doge it might not be that profitable but if you are a day trader then you can make money of it like from any other crypto that has a big trading volume.

It's true that meme coins have no utility but when meme coins experience hype their price will go up and daily volume can increase drastically. and when it actually happens it will certainly attract many investors for investment (long or short term) because it can provide profits. I personally still invest in coin memes like shiba because shiba is perfect for short term investments or day traders and I can make a quick profit. In other words as long as the meme coin is still able to provide profits to investors or traders, the meme coin will not die.

[CapGelatik]

We don't know if dogecoin in the future will be a project that can benefit many investors even though it is currently only known as memekoin which will not last long, although currently dogekoin is only known as a joke coin but in 2021 an increase occurred so that many investors who hold the coin get a very large profit, although at this time the decline is back but we can save in the long run.

Let's not forget that dogecoin in 2021 skyrocketed because of Elon Musk tweet,
so I don't think we should expect more from this meme coin like Dogecoin because it would just be a waste of time,
apart from that in crypto anything can happen and we'll see

It's true, the magnitude of Elon Musk's influence in boosting the price of Dogecoin we must admit, but I really appreciate the performance of the Dogecoin community, because without a large community, Dogecoin will always be considered a memecoin that has no value as it is today. but for now I think we need to be careful investing in dogecoin. do not put all your assets in one Altcoin.

It's amazing how much influence Elon Musk's tweet had on the price of Dogecoin at the time,
apart from that Dogecoin can survive so far, it is inseparable from the performance of the community,
let's see and wait how far Dogecoin will develop and the team needs to do something

[Odusko]

Well in the first instance dogecoin was truly created as a joke but at the moment dogecoin is becoming one of the most popular altcoins because of its recent popularity that comes from its market price skyrocketing. but I still believe dogecoin is going to become in solen't pretty soon so I can not buy it for the long term sake.

[retreat]

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

as far as i know, dogecoin is a joke that makes some money to few people. when dogecoin first went high, when elon musk made a tweet about it, some of my friends made quite a lot of money they were quite lucky because they kept doge at that time, but now, i think investing in dogecoin is too risky.

[Coin BTC]

Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

as far as i know, dogecoin is a joke that makes some money to few people. when dogecoin first went high, when elon musk made a tweet about it, some of my friends made quite a lot of money they were quite lucky because they kept doge at that time, but now, i think investing in dogecoin is too risky.

Yes, that's right, Doge used to be one of the most powerful public discussions, I also agree with your opinion, investing in Doge Coin for now is very risky, but if you want to keep investing, there's nothing wrong with that either.

[SistaFista]

Dogecoin was originally used as a meme coin which was only made for jokes.
but right now the price of dogecoin is real worth.
this is the result of influencers promoting this coin so many people buy this coin so the price of dogecoin increases.
The price of dogecoin is real but you have to be careful because the ups and downs are very volatile as a result of over-promotion from influencers.

Doge coin is still a joke coin for me. But from doge coin, we know that any coins can become worth even it is just a meme/joke coin.
This coin also can make money because it is mineable with ASIC miners, mine now and sell later when the price goes high like when elon tweeted it.

[raidarksword]

Many people made huge profits on memecoin like dogecoin though because of the community and influencer like elon musk himself backing it up. Some people it is a joke but to its investors it is a great investments to them. As long as they making profit in this industry it is fine, that's the nature here in crypto.

[CDC AP]

Actually you can make money if you put your money and select that type of platform and coin which is good and consider as trustworthy then you can easily make cash. But if you select coin which does not have any strong base and remain always in dip will never give you profit and you will make your money at risk. So if you think that dogecoin coin can give you profit and you have made investigation about it then surely you should have to invest in this coin.

[frank07a]

I think that with the help of dogecoin you can earn a lot of money. You need to buy a large amount of this coin and wait for the pump, and memcoins always have a pump. If you are interested, then here you can read about where you can buy dogecoin.

[Sebas.tian]

We don't know if dogecoin in the future will be a project that can benefit many investors even though it is currently only known as memekoin which will not last long, although currently dogekoin is only known as a joke coin but in 2021 an increase occurred so that many investors who hold the coin get a very large profit, although at this time the decline is back but we can save in the long run.

Dogecoin will be a potential project many investors will benefit from in this season because what happened in 2021 that made all the long term investors to achieve a huge amount of income from their investment is about to happen again. According to some researchers few months ago, advise investors to invest more money on Dogecoin than any other coins because the project has a lot to offer to their short or long term investors in this season of profits making. Dogecoin is not a joke coin, despite the price is still low which is good for those who want to buy more of Dogecoin to be part of the bright future ahead.

[Davian144]

Actually you can make money if you put your money and select that type of platform and coin which is good and consider as trustworthy then you can easily make cash. But if you select coin which does not have any strong base and remain always in dip will never give you profit and you will make your money at risk. So if you think that dogecoin coin can give you profit and you have made investigation about it then surely you should have to invest in this coin.

Looking for profit through any coin will always not be easy even though market conditions have started to look better and more pleasant, so always pay attention to market conditions because each coin can still be corrected for any reason and it can cause losses in the near future, but if the choice is on Dogecoin with not so long term, I think that's also good because at the moment some people might be able to take advantage of it as market conditions are improving.

[Fostyan]

It seems to me that the joke and this project has no future.

[FAYCNFT]

Dogecoin was originally a joke cryptocurrency, taking its name from the “doge” internet meme: a picture of a shiba inu dog talking in Comic Sans font. The idea was to have fun and be silly with a cryptocurrency that was cheap enough to mess around with—each coin was worth a fraction of a cent.