Dogecoin - a joke or a way to make money?

[Abiky]

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.

Meme coins may not have any utility at all, but they're certainly a great way to make profit in the short term. The crypto market is mostly speculative, so any coin that's fueled by hype, should be able to go towards new heights at a very fast pace. It'll be up to you to take advantage of this opportunity to make as much money as possible. Those who held DOGE before 2021 got insanely rich thanks to Elon Musk's efforts to pump the cryptocurrency's price. Now that hype has faded away, Dogecoin's price is declining at a slow pace. Without someone (or something) that would pump its price, the meme coin might go back to sub $0.01 prices.

At least, Dogecoin's blockchain is alive and healthy after all of these years. Even if it goes to zero, it will still survive if there's a community backing it every step of the way. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion

[1715357917]

1715357917

[1715357917]

1715357917

[1715357917]

1715357917

[hd49728]

Meme coins may not have any utility at all, but they're certainly a great way to make profit in the short term. The crypto market is mostly speculative, so any coin that's fueled by hype, should be able to go towards new heights at a very fast pace. It'll be up to you to take advantage of this opportunity to make as much money as possible.

It's a speculative market and altcoins are more speculative than Bitcoin. Dogecoin is better than other meme coins because it is the first successful meme coin and it is the oldest one. About utility, Dogecoin is accepted on many merchants, gambling sites, platforms and this adoption makes Dogecoin different than other meme coins that were launched in 2020 to 2022.

Those who held DOGE before 2021 got insanely rich thanks to Elon Musk's efforts to pump the cryptocurrency's price. Now that hype has faded away, Dogecoin's price is declining at a slow pace. Without someone (or something) that would pump its price, the meme coin might go back to sub $0.01 prices.

At least, Dogecoin's blockchain is alive and healthy after all of these years. Even if it goes to zero, it will still survive if there's a community backing it every step of the way. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion

What happened with Elon Musk is unexpected. However, without Elon Musk, Dogecoin is already a strong survivor in this market and it makes sense. No one can deny that Dogecoin is so strong survival. What it has achieved is unachievable by many altcoin projects which die after few months or around 2 years.

[jhonjhon]

Dogecoin started as a joke, but as time goes, it has grown in popularity and can now be used to purchase items and send money over the internet. Trading other crypto currencies is also a way to make money with it. If you want to understand more about dogecoin, you may visit this website.
https://cryptoees.com/how-to-make-money-with-your-dogecoin-wallet/

[Mosharafhh]

I dont think its a better opportunity for investment in dogecoin because its already pump too much because of fomo of elon musk.  But here is lots of chance dump a lot and but opposite site people thinking abiut dogecoin price will go more than 1$ so its a great thing to before invest do your own research.

[Rocky993]

Behind the success of a project is to be associated with a big company or some big projector means that those projects perform well in the market. Needless to say, Elon Musk's supported DOGE coins performed well.  Hopefully in the future Elon Musk's supporters will give better performance and give more profit to everyone.

[trendcoin]

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?

I think one day it will disappear. But Dogecoin has a longer history than anyone commenting here, including me. So it is not easy to say that it will disappear. Not fair. I think it's a worthless cryptocurrency. If it's 20 satoshi again, I can buy some. Otherwise I have no positive thoughts about Dogecoin. I don't have money to spend on jokes. Because there are better cryptocurrencies in the market.

[aria.newman]

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?

Even if we compare dogecoin and ethereum, than dogecoin was created earlier, so this coin is not a soap bubble.
I believe that you need to invest 5-10% in this cryptocurrency, but no more.

[bestcoins1]

Even if we compare dogecoin and ethereum, than dogecoin was created earlier, so this coin is not a soap bubble.
I believe that you need to invest 5-10% in this cryptocurrency, but no more.

The year of birth is indeed earlier Dogecoin than Ethereum, but that's not the only reason to choose Dogecoin because such coins are only good to have when the market is in Bullrun conditions, while in Bearish times, it's better to ignore it and for Ethereum I think it is better to keep it under any conditions even though it is potential to lose money when the market is in a downtrend, but it is always faster to recover when the downtrend in the market is over.

[breathlessz]

at first doge was indeed a meme coin that was not taken too far, but along with the explosion of elon musk, made doge shine even more and was taken into account by everyone, but after that heyday, doge has not been able to show its worth, but there are many sad stories over the years. this is the case, for those caught up in the hype. I don't think it's good to put all the capital in coins like this

[BioFrog]

In my opinion is both things a meme coin joke but also a way to earn on it just accumulate them and wait for a few tweets from Elon Musk

[koang]

Doge is a very controversial coin. technologically, is nothing special but the level of Dogecoin adoptions by persons and organizations continues to increase
The main driver behind Dogecoin's popularity is its community, coupled with the support from Elon Musk.
Personally, I like Doge but I will not hold this coin for the long term. For me, Doge is just a Meme coin, no more than that

[marcous]

In my opinion is both things a meme coin joke but also a way to earn on it just accumulate them and wait for a few tweets from Elon Musk

Tweets from Elon Musk will also not be able to provide definite benefits for you, because he is neither a profit angel nor a god who can move everyone when he starts making new tweets every day, because he is a very active person on his social media in terms of make a tweet, now you try to see how many people are already rich with the tweets he made in the past

[Lordhermes]

Dogecoin have done Alot of pumping Price actions in the past. Although the whale behind the sudden pumping of Doge is Elon Musk. Although the co-owner of Dogecoin is  Billy Markus, around 2013, he created Dogecoin as a joke to the crypto market. But look at it right now, the memecoin and also shitcoins in the past is now one of the major coin any trader would wish to have in the future. Some have started bagging it from now for long term purpose. Dogecoin have a very bright future because high standards restaurants like MacDonald's will work on accepting Dogecoin as mode of payment only if Elon Musk accept Grimacoin as mode of payment for Tesla. Although the information have been discreet since, perhaps Dogecoin have made a 10% pumping rate since today.

[Vaskiy]

Dogecoin have done Alot of pumping Price actions in the past. Although the whale behind the sudden pumping of Doge is Elon Musk. Although the co-owner of Dogecoin is  Billy Markus, around 2013, he created Dogecoin as a joke to the crypto market. But look at it right now, the memecoin and also shitcoins in the past is now one of the major coin any trader would wish to have in the future. Some have started bagging it from now for long term purpose. Dogecoin have a very bright future because high standards restaurants like MacDonald's will work on accepting Dogecoin as mode of payment only if Elon Musk accept Grimacoin as mode of payment for Tesla. Although the information have been discreet since, perhaps Dogecoin have made a 10% pumping rate since today.

Dogecoin is one of the oldest cryptocurrency that have survived more than 10 years. During the same time period more cryptocurrencies have come to usage and have got out of the market. It may be created as a joke or a memecoin, but it had got some usage which kept it alive. Recently Elon Musk made use of it, and nowadays more services accepting dogecoin is a real growth. People who haven't thought of bagging doge have now begun to accumulate dogecoin, because someday it'll profit.

[Abiky]

Dogecoin is one of the oldest cryptocurrency that have survived more than 10 years. During the same time period more cryptocurrencies have come to usage and have got out of the market. It may be created as a joke or a memecoin, but it had got some usage which kept it alive. Recently Elon Musk made use of it, and nowadays more services accepting dogecoin is a real growth. People who haven't thought of bagging doge have now begun to accumulate dogecoin, because someday it'll profit.

That's certainly true, mate. Dogecoin is one of the oldest cryptocurrencies in existence. I'm pretty sure it will survive for a long time, thanks to the strong community backing it every step of the way. Joke or not, the cryptocurrency's been one of the most rock-solid projects since its inception. Despite being created as a "meme" coin, you can still make money from it if you take advantage of the market's ups and downs.

As a serious investment, I'd recommend anyone to look elsewhere due to the way DOGE was designed. Thanks to Elon Musk, Dogecoin has reached a greater presence in the mainstream world. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts

[Oilacris]

Dogecoin is one of the oldest cryptocurrency that have survived more than 10 years. During the same time period more cryptocurrencies have come to usage and have got out of the market. It may be created as a joke or a memecoin, but it had got some usage which kept it alive. Recently Elon Musk made use of it, and nowadays more services accepting dogecoin is a real growth. People who haven't thought of bagging doge have now begun to accumulate dogecoin, because someday it'll profit.

That's certainly true, mate. Dogecoin is one of the oldest cryptocurrencies in existence. I'm pretty sure it will survive for a long time, thanks to the strong community backing it every step of the way. Joke or not, the cryptocurrency's been one of the most rock-solid projects since its inception. Despite being created as a "meme" coin, you can still make money from it if you take advantage of the market's ups and downs.

As a serious investment, I'd recommend anyone to look elsewhere due to the way DOGE was designed. Thanks to Elon Musk, Dogecoin has reached a greater presence in the mainstream world. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts

It wont really last for that long if it was really a total garbage at all and its true that its an old project/coin in the market and still kicking nowadays which does indicates that  there's really a demand or

support on the community.It might had been created for that impression of being a meme or joke coin but when it comes to utilities and cheap fees and fast transactions then this one could really be having that utility.

Speaking of making money then the ones who do trust up this coin when it is really that starting are the ones who do make enourmous profits and to those who do able to make
some early entry or buying opportunity then we know on what happened next.

[Kavelj22]

Even if it's for a joke. Elon musk makes good money with his shillings. The real question is, if elonmusk withdraws its support, how far will the community behind it leave this coin? Elon musk made 30% dogecoin rise with even a single tweet he sent yesterday. If he continues to manipulate openly, he may experience a rise like last season, but I'm not sure about that.

[jahepahit]

For the sake of the shilling of Elon musk, you can be positive on it. No one can really answer that question with enough guarantee. But nothing bad in holding some if you are in for long term

[Xal0lex]

Elon Musk has once again taken to using DOGE to promote his core business. Recently, a party was held to celebrate the opening of a new Tesla plant, somewhere in Texas. And of course Musk didn't miss the opportunity to integrate DOGE there.

A video of the presentation can be seen on YouTube at https://www.youtube.com/watch?v=Ka5kJriXI9Q. Remarkably, the price of DOGE had almost no reaction to this mention.

[koang]

Elon Musk has once again taken to using DOGE to promote his core business. Recently, a party was held to celebrate the opening of a new Tesla plant, somewhere in Texas. And of course Musk didn't miss the opportunity to integrate DOGE there.

A video of the presentation can be seen on YouTube at https://www.youtube.com/watch?v=Ka5kJriXI9Q. Remarkably, the price of DOGE had almost no reaction to this mention.

It's not a surprise to me...
Many people lose when they buy Doge, it's all because of Elon's Tweet.
Don't watch what Elon says, watch for what he leaves out.
Elon doesn’t give anything away for free.