Can Dogecoin become the new BTC?

[jhonjhon]

I think this is possible Dogecoin and Bitcoin are similar; both are a cryptocurrency, whereas Ethereum is a platform for decentralized applications, and Ether is the currency of this platform. We can, however, compare Dogecoin with Bitcoin because both are cryptocurrencies with a minor difference.
Dogecoin has all the characteristics to become mainstream crypto, whereas Bitcoin has all the elements to become digital gold. It’s why Elon Musk says, “Doge is people’s currency.”
Doge can overcome all the adoption-related shortcomings, but Bitcoin can’t overcome its technical challenges. It’s why we believe that Dogecoin can become the next Bitcoin and explode in the market cap.
ref. https://provscons.com/can-dogecoin-be-the-next-bitcoin/?msclkid=9fbaa0d0c88c11ec9c3eb8d7f3d9bc68

[nebiki]

I don't think that Dogecoin will grow even higher, let alone become a new BTC, because I think it's very difficult for Memecoin to compete with coins that have very high capitalization and popularity like BTC, and I don't think Dogecoin is worth comparing with BTC because the difference is very far, namely like copper and gold.

if asked possible or not, this could be a possible thing and just a dream.
but in history what musk has done may not have been against the tech world by taking such a huge risk in proving it, and it's between the life and death of musk's career and wealth if he were to do this absolutely insane thing "wanting to replace the top notch crypto"

[aryana42]

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

Very silly and not sunken this happens, try to see the quality and ultinity of Bitcoin with Dogecoin, do they have similarities?
Dogecoin only memes while Bitcoin is the king of crypto now, how could this happen, and I did not see Elon Musk had the opportunity to do all that, because basically they were against a very strong and potential coin, you should think about other things than making such a statement

doge coin become stronger due elon musk promoting, without him i am belive dogecoin still below 0,002 $ each. bitcoin and doge totally have big differences, bitcoin become stronger due its community itself without any intervention from any popular figure. and also technically bitcoin have better chain with limited supplt.

It is undeniable that Elon Musk had an important role in making Dogecoin go to the moon, even because the tweets that he made Dogecoin strengthened very quickly, but unlike bitcoin, there was no outside figure who made bitcoin what it is today, as well as the supply for the amount of bitcoin, very different from the amount of Dogecoin, this supply factor also affects the value of bitcoin on the market for now

[Kocret02]

I don't think that Dogecoin will grow even higher, let alone become a new BTC, because I think it's very difficult for Memecoin to compete with coins that have very high capitalization and popularity like BTC, and I don't think Dogecoin is worth comparing with BTC because the difference is very far, namely like copper and gold.

if asked possible or not, this could be a possible thing and just a dream.
but in history what musk has done may not have been against the tech world by taking such a huge risk in proving it, and it's between the life and death of musk's career and wealth if he were to do this absolutely insane thing "wanting to replace the top notch crypto"

There is no exact reference source, that Dogecoin can beat Bitcoin going forward, from supply, purchase value and the large community that is under the two coins, Elon Musk has an important role in advancing Dogecoin, but doesn't think he has a chance to make Dogecoin in on Bitcoin, this is really a dream that is impossible for them to achieve, because dogecoin has to go through many levels, before reaching peaks like Bitcoin

[SistaFista]

Well, i don't see any connection between twitter and dogecoin although Elon bought the twitter.
Maybe Elon bought both dogecoin and twitter, but it doesn't mean dogecoin price will go up later.
Dogecoin won't become BTC in the future because dogecoin is a meme coin, it is different with BTC.

[wheelz1200]

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

No you are talking about a joke mem coin with infinite block rewards with no de escalation of those block rewards.  And it's all hinged on litecoin miners to secure its network.  By no means does this mean it will or even have the possibility of taking over bitcoin, seriously..

This is what happens when influencers keep shilling meme coins and HYPE causes such false information on minds. Experienced traders know what is possible or not let alone comparing shitcoin with top cryptocurrency, supply and demand should be taught in school so basic financial knowledge will let them think before dreaming...

Nail on the head with that comment.  People follow these influencers or whatever they are called and have no idea they are throwing their money into a trash heap.  10k new doge every minute...forever.  it's not sustainable.  Look it's already gone from $.75 down to now $.13 because everyone who was gonna buy already did and is bag holding.  This will end badly for most.

[TheGreatPython]

I doubt this can happen even after elon musk already bought twitter. But I assume that dogecoin can gain much popularity with this kind of move by elon. Because I'm sure that elon will use twitter to his advantage to hype dogecoin or other coins he may be up to. But I don't think it will come to a point where it will surpass bitcoin as the leading cryptocurrency in the market. And not because elon musk somehow proves that he can make things possible, there is still no guarantee that he can do it on everything he does. It's crazy to think that way.

I do believe that he is smart, but I just like the statement that you made which is that he can’t do everything. No matter who it is in the world, nobody can do everything, there will always be something that you can’t do. And in this case I am also on the side that he won’t be able to make Dogecoin to replace Bitcoin. Bitcoin has been from the start and as the first cryptocurrency there is more possibility that it would stay at that position, Dogeis not going anywhere pass that.

[Teraboy]

This is an impossible think and i didnt know why the doge coin supporters will always be like this. Believe in the meme token like this meme token must worth the same like the multi billions coins like bitcoin.
I would not be surprised that even shiba army was saying each shiba will be touching $1 in the future and this is the same like what shiba army said without any sense to think rationally if doge coin has no chance to be the same like bitcoin. i think that anyone know this so well. i hope that people will realize if now if doge can't become the new bitcoin.
We didn't need two or more bitcoin exist in the market. doge coin was a shitty meme coin without any utility

[Cryptoababe]

Dogecoin can keep being dogecoin but can never become bitcoin because they are created for different purpose and have different name. Dogecoin name doesn't evem sound like something that's supposed to be used for payment of anything apart from dog related payments.

[TribalBob]

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

I don't think so Dogecoin will remain as a meme coin and Bitcoin will remain as Bitcoin the first cryptocurrency and the most expensive crypto coin in the market; although they have differences but in a few aspect they are the same, But one thing is for sure Dogecoin will not achieve the way Bitcoin does in terms of price and marketcap achievement so lets put it that way and stop comparing it. 

because that's what should happen, as has been outlined, bitcoin is still number 1 and doge is the number 1 meme coin that cannot be replaced by other meme coins

[Little_Sister]

I do believe that he is smart, but I just like the statement that you made which is that he can’t do everything. No matter who it is in the world, nobody can do everything, there will always be something that you can’t do. And in this case I am also on the side that he won’t be able to make Dogecoin to replace Bitcoin. Bitcoin has been from the start and as the first cryptocurrency there is more possibility that it would stay at that position, Dogeis not going anywhere pass that.

He can do anything to increase coin doge, but not necessarily the community will support him because some of us don't care about doge even though he insists on pushing the market towards coin doge. We have a principle to avoid hype that harms many people and we believe in coins that only have good prospects and uses based on preliminary planning not from hype.

[bhooscream]

Well, i don't see any connection between twitter and dogecoin although Elon bought the twitter.
Maybe Elon bought both dogecoin and twitter, but it doesn't mean dogecoin price will go up later.

Agree, it is nothing to do with Dogecoin. But many people think Dogecoin will increase its price after Elon Musk bought Twitter. We can suspect it is the way of big players to influence beginners/newbies to buy Dogecoin. They may plan to pump Dogecoin price and sell some of their Dogecoins. So, be careful to understand many rumors about Dogecoin this time, maybe it is just a trap made by whales.

[bonyaserg]

Personally, I believe that BTC is the most successful coin in the crypto market. And it is simply impossible to replace such a coin. And even more so, a coin like GogeCoin has no chance of surpassing BTC. And a famous guy like Elon Musk will also not be able to influence the fact that DogeCoin can replace Bitcoin.

[Wawa2013]

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

i think its impossible forever, Doge is memecoin and after Elon took twitter it didn't have much influence on Doge price, Doge coin used to be just pumped by Elon with all the issues and now if he does it again i think no one will believe anymore .

Until whenever Dogecoin will never be able to beat Bitcoin, in fact many projects have been created to replace Bitcoin. But it all ended in failure,
because it was impossible to beat Bitcoin. As we know Bitcoin always dominates the market, and there has never been a single coin to replace it
in the top position. People's trust in Bitcoin is too great, and also Bitcoin is like a mother to altcoins. Moreover, Dogecoin is only meme coins that
do not have a clear function, so Dogecoin is only being manipulated by Elon Musk for personal gain. And now many people have been harmed
because of this, so even though Elon Musk is using Twitter to promote Dogecoin again, I don't think Dogecoin will go as high as it was in 2021.
So I don't believe Dogecoin will become new BTC, to return to the ATH price alone seems to take a long time for Dogecoin.

[so98nn]

That’s too much exaggeration of the DOGE. The ecosystem for both the coins is completely different and incomparable. Bitcoin Will always stay up due to its limited supply and so called first point of contact when investing into crypto currencies. No one new usually comes into crypto space due to DOGE or ETH etc. But most of the time it’s bitcoin only.

Moreover, DOGE does not really fit into criteria of perfect coin. It’s just gonna be a joke all the time.

[MinMan]

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

I know for sure that Elon Musk is a huge influencer, but Doge coin is the least coin in the market that I would expect to replace Bitcoin. And moreover I don’t think that Bitcoin can now be replaced by any other coin, it is solidly in that position and It is close to impossible for any coin in the market to replace it.

There have been thousands of alternatives released in the market as a way to replace Bitcoin, but none of them has been able to achieve even 1% of that. There are still very far away of coming close to replacing Bitcoin. Of course Doge coin will grow, but replacing Bitcoin is a NO.

[icalical]

no it won't. Doge coin is a meme coin, even the creator has no vision for Doge to be big, they just make doge for fun. Indeed the community is great, but that's it, nothing more to offer. I think Elon never been serious about supporting the project, he just do it for fun. So Elon buying twitter won't mean anything for Doge.

[Mamun74]

no it won't. Doge coin is a meme coin, even the creator has no vision for Doge to be big, they just make doge for fun. Indeed the community is great, but that's it, nothing more to offer. I think Elon never been serious about supporting the project, he just do it for fun. So Elon buying twitter won't mean anything for Doge.

Can you believe that Dogecoin become the new BTC? I Think it will be not happen in future. Cz bitcoin is most valuable and most popular coin in crypto market. People still believe in bitcoin investment. But most of meme coin failed their goals.Meme coin hype just short term investment i Think. Dogecoin price earlier dropped this year so i Think it will be not happen in this year or future. Both coin are still huge different and price.

[Crypto Library]

If you ask me that question, I will answer in one word "no". I don't think it will ever be possible cause In order to beat Bitcoin, other alt-coin or doge coins have to go through a huge amount, which is not possible with word of mouth. And if ever that was to make Elon Musk's stand possible, I'd say it's impossible. I would say stop dreaming while you are awake and if you can hold a bitcoin then something will come of it.

[Maestro75]

Is it possible that dogecoin can beat BTC after Elon musk takes over Twitter? Imagine if Dogecoin is well accepted throughout the world then BTC wouldn't this makes Dogecoin the new coin? This might sound too crazy to dream about but that Elon musk guy can make anything possible.

Do you mean dogecoin beating bitcoin in popularity and use or in price? If you mean in price, that will not be possible because of its supply. Except there will be a change in the development and white paper of Dogecoin to make it embrace some of the new trends in cryptocurrency like metaverse, NFT, contracts. This are the things that will draw note attention to it which bitcoin does not have. Apart from that there is nothing to compare it or think it can compete with bitcoin.