Is Dogecoin Dead ?

[fzkto]

when twitter officially became Elon Musk's property it made Dogecoin go up a bit, it was very natural that Dogecoin would go back down because of problems with twitter or Elon Musk. I am not a fan of dogecoin, it would be better to invest long-term in utility coins such as ethereum, solana, bnb. Dogecoin is indeed good for the short term.

I don't know what's good about doge? Maybe just that it's a coin promoted by Elon Musk. Otherwise it is as useless as any other altcoin. I never understood why these memcoins have such a large capitalisation, even more than some real companies. I guess that will fix itself in time. By the way Twitter does not necessarily integrate doge. They could easily create another coin.

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[lobo13hf]

when twitter officially became Elon Musk's property it made Dogecoin go up a bit, it was very natural that Dogecoin would go back down because of problems with twitter or Elon Musk. I am not a fan of dogecoin, it would be better to invest long-term in utility coins such as ethereum, solana, bnb. Dogecoin is indeed good for the short term.

even though twitter and doge coin honestly has zero relation whatsoever it's still mind blowing that this coin actually still got affected at every move made by elon, even though meme coins already famous for its fact that it's very fluctuative, the good thing of meme coin is definitely its ability to go against the trend, few shill from elon could already turn the tides, and in bullish, that just got stronger, I doubt it's gonna ever be dead honestly.

[masulum]

I don't know what's good about doge? Maybe just that it's a coin promoted by Elon Musk. Otherwise it is as useless as any other altcoin. I never understood why these memcoins have such a large capitalisation, even more than some real companies. I guess that will fix itself in time. By the way Twitter does not necessarily integrate doge. They could easily create another coin.

Doge already has a large community, is not only held by the regular community, but also large companies have invested in Doge. Even though they don't have a product or service, community that brings Doge to have a large market capitalization. Doge is not Elon or even not twitter product, even without Elon or twitter, I think Doge will still exist. Just like McAffee case in 2017, Elon is the same figure that is the origin of bullish FOMO. So, even Elon not tweeted about Doge either, the community has been trading doge for a long time. Regardless of price potential, the normal price is between $0.01 - $0.1. If you invest under $ 0.05, I think it's already at a fairly normal, to be stored for the long term, although there is no guarantee that there will be another big pump. NFA/DWYOR

[asyakashi]

I think it's very natural because dogecoin is not owned by anyone. even Elon Musk himself is not the official owner of Dogecoin until now. This coin is very risky therefore we must be prepared for whatever happens with this coin.

[Silberman]

Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

Dogecoin is not dead yet and I doubt that it will die during the next years, for some reason there are many people that still expect that this coin is going to make a massive movement during the next months, in part this was due to Elon being the CEO of Twitter as people were expecting dogecoin to be adopted officially by the social media platform, but if he steps down then we can say goodbye to that upward moment during the next year, but that is not going to kill dogecoin, it will just force dogecoin holders to wait until bitcoin begins to become bullish, which is something which could take a year or a year and a half.

[Oasisman]

Is Dogecoin Dead ?

The fact that this meme coin has no utilities and are purely based on hype and speculations, I might say it's good as dead, coz anytime it could be literally dead. Who knows, Elon will have his full influence against this coin and when he decides to separate him self from the hype, people might bite into it and withdraw.
On the brighter side, Doge might continue to exist like how it exist long before Elon laid his hands to Dogecoins.

[fuguebtc]

when twitter officially became Elon Musk's property it made Dogecoin go up a bit, it was very natural that Dogecoin would go back down because of problems with twitter or Elon Musk. I am not a fan of dogecoin, it would be better to invest long-term in utility coins such as ethereum, solana, bnb. Dogecoin is indeed good for the short term.

I don't know what's good about doge? Maybe just that it's a coin promoted by Elon Musk. Otherwise it is as useless as any other altcoin. I never understood why these memcoins have such a large capitalisation, even more than some real companies. I guess that will fix itself in time. By the way Twitter does not necessarily integrate doge. They could easily create another coin.

If you do not understand why Doge has such a large capitalization, even crossing Coinbase, you should not say it is useless. It is useless but valuable, better than the top coin is a scam, no value. Doge appeared before Elon entered the market, and it exists to this day, it was better than many other topcoin gradually disappeared in the market.

By the way, Elon loved Doge and although he was no longer the CEO of Twitter, he was still the owner of this social network. There is no reason to spend more money and time to create a new coin while Doge has both reputations and is available.

[evichi]

We take note that Dogecoin is a meme coin and cannot be compared to utility tokens like Ethereum, etc. Just like most meme coins/tokens, the growth, IMO, largely depends on hype and influencers impact like Elon Musk twitting or making some reference about it. Now that there is not much being said about it, Dogecoin is somewhat hibernating - waiting for tweet or some reference to it. I suggest that holders of Dogecoin should keep holding, Elon Musk may have plans for it in the future. Elon's quitting as twitting CEO has nothing to do with his likeness to Dogecoin. He was not the CEO of twitter when he made the tweet that saw the value of Dogecoin surge up.

[justdimin]

dogecoin is still hanging good while Elon is still not CEO of twitter so what would be the reason for the fall if this back to normal mate as i don't see the logic at all? yes dogecoin might return to lower price but dying because of that seems to be irrelevant for now.

That was the fact, Dogecoin will keep its position as one of the top 10 coins in the market even without Elon Musk. Besides, Twitter has no market influence, some even consider this as not a reliable source of information. It definitely was not a factor that could bring Dogecoin out of our sight as I see it will keep striving despite the negative talks that we heard from others. Maybe we could think that its price will never grow but when it comes to sustainability, that seems possible.

I highly doubt that. There are a few that think like you but I find it highly emotional. There is no data or stat that sees doge as a good and legit project which could be in the top 10 for too long, it is a shitcoin that has been promoted a lot and liked by people for the hype and meme efforts but nothing more. I guarantee you that when the time comes doge will drop like no other and will not be remembered after a decade.

I understand the need for something that defy the logical arguments, there is a need and want for some anarchy in the markets that shows how unreal it works. Sort of like gamestop which should have been a bankrupted company because they suck, but people defied the markets with it and it survived. You think for long?

[mich]

Well I think this "Bear Market' has made many alt coins dead but dodge coin is not it. It is still number 8 on coinmarketcap and still the most popular meme coin with a marketcap of more then 9.8 billion dollars much more then any other meme coin.
And people enjoy a joke even if its in crypto so I think there will always be a demand for this coin. When the Bull Market starts up again I think there will be many people buying bags of dodgecoin because of its popularity.
Elon Musk is a fan and all his hype behind Dogecoin has remained in the minds of people who will buy when this market recovers. Just hodl those dodge and do not worry.

[worle1bm]

I think it can still have some small pumps if the Man behind its rise again tweet about it otherwise the scene is clear that it does not have any growth chance and prices have sharply fallen so for me it's not good choice to hold the coin at this time seeing no further development and adoption for it so better stay away from it and save your loss.

[Sayeds56]

Well I think this "Bear Market' has made many alt coins dead but dodge coin is not it. It is still number 8 on coinmarketcap and still the most popular meme coin with a marketcap of more then 9.8 billion dollars much more then any other meme coin.
And people enjoy a joke even if its in crypto so I think there will always be a demand for this coin. When the Bull Market starts up again I think there will be many people buying bags of dodgecoin because of its popularity.
Elon Musk is a fan and all his hype behind Dogecoin has remained in the minds of people who will buy when this market recovers. Just hodl those dodge and do not worry.

It is true that consistent bear market since beginning of 2022 has made many alt coins dead, and Doge coin is not alone in this row. Most of the alts have lost their value to the extent of 90% but it will not continue for ever. Doge coin still maintains its rank in Top 10 coins & continues capturing the head lines in media because Elon MusK still seems interested in this coin & he has the capacity to create use case of it.

[posi]

I think it can still have some small pumps if the Man behind its rise again tweet about it otherwise the scene is clear that it does not have any growth chance and prices have sharply fallen so for me it's not good choice to hold the coin at this time seeing no further development and adoption for it so better stay away from it and save your loss.

Doge won't die even if Elon no longer wants to support it, but investing in it for profit is very risky. Because its hype depends only on Elon, and if he declares not to invest in it anymore, our investment will never be profitable. I don't invest in Doge because I don't want to put my risk on Elon, he is unpredictable, and we have much better options in the market. There is no reason to invest in memecoins when we have dozens of potential altcoins.

[Sayeds56]

I think it can still have some small pumps if the Man behind its rise again tweet about it otherwise the scene is clear that it does not have any growth chance and prices have sharply fallen so for me it's not good choice to hold the coin at this time seeing no further development and adoption for it so better stay away from it and save your loss.

Doge won't die even if Elon no longer wants to support it, but investing in it for profit is very risky. Because its hype depends only on Elon, and if he declares not to invest in it anymore, our investment will never be profitable. I don't invest in Doge because I don't want to put my risk on Elon, he is unpredictable, and we have much better options in the market. There is no reason to invest in memecoins when we have dozens of potential altcoins.

You are right, It is highly risky to invest in any meme coin because their hype totally depends on speculation &  generally their fundamentals are not strong enough to sustain in the market for long term.In particular those coins which solely depend on support of one person, like Doge & Shiba. We should always make through research before committing our funds in any investment.

[swogerino]

Well I think this "Bear Market' has made many alt coins dead but dodge coin is not it. It is still number 8 on coinmarketcap and still the most popular meme coin with a marketcap of more then 9.8 billion dollars much more then any other meme coin.
And people enjoy a joke even if its in crypto so I think there will always be a demand for this coin. When the Bull Market starts up again I think there will be many people buying bags of dodgecoin because of its popularity.
Elon Musk is a fan and all his hype behind Dogecoin has remained in the minds of people who will buy when this market recovers. Just hodl those dodge and do not worry.

It is true that consistent bear market since beginning of 2022 has made many alt coins dead, and Doge coin is not alone in this row. Most of the alts have lost their value to the extent of 90% but it will not continue for ever. Doge coin still maintains its rank in Top 10 coins & continues capturing the head lines in media because Elon MusK still seems interested in this coin & he has the capacity to create use case of it.

I don't think it is dead,we are in a long crypto winter which for us started since December 2021 and we are now exactly 1 year from that time and nothing looks promising on the horizon so far.This though can be a good time to collect Dogecoin or any other crypto that you may be interested in and which of course you believe that it will perform well in the next bull run.

As that movie says I believe "The Crow" - "It can't rain forever" and also here in the crypto world it can't be winter forever,so the best thing to do is to stock up during this time.

[trendcoin]

...

We cannot tell whether a coin is dead or not by looking at its price. I don't think this is a correct analysis. Sure, Dogecoin is shit but it's a very old  memecoin and most importantly it is the ancestor of memecoins. So, it will always be in our lives. Its price will change according to the movement of the market. If Bitcoin manages to trade at a better level, Dogecoin will gain in value, if Bitcoin fails to trade at a better level, Dogecoin will also lose value. In general, it cannot create an image independent of the market...

[Tony116]

dogecoin is still hanging good while Elon is still not CEO of twitter so what would be the reason for the fall if this back to normal mate as i don't see the logic at all? yes dogecoin might return to lower price but dying because of that seems to be irrelevant for now.

That was the fact, Dogecoin will keep its position as one of the top 10 coins in the market even without Elon Musk. Besides, Twitter has no market influence, some even consider this as not a reliable source of information. It definitely was not a factor that could bring Dogecoin out of our sight as I see it will keep striving despite the negative talks that we heard from others. Maybe we could think that its price will never grow but when it comes to sustainability, that seems possible.

I highly doubt that. There are a few that think like you but I find it highly emotional. There is no data or stat that sees doge as a good and legit project which could be in the top 10 for too long, it is a shitcoin that has been promoted a lot and liked by people for the hype and meme efforts but nothing more. I guarantee you that when the time comes doge will drop like no other and will not be remembered after a decade.

I understand the need for something that defy the logical arguments, there is a need and want for some anarchy in the markets that shows how unreal it works. Sort of like gamestop which should have been a bankrupted company because they suck, but people defied the markets with it and it survived. You think for long?

I'm not defending Dogecoin, and I don't care if it's a good, legit project. But at least it's stayed with us all these years. That alone has shown it to be a hundred times better than what people call potential altcoin projects like Luna or FTT, at least Doge doesn't scam us like other potential altcoins. No one knows what will happen in a decade, but it's at the top right now, and it deserves more shitcoins under the guise of potential altcoins.
Invest in altcoins, the main goal is profit, they are useless or scams if they are not profitable. Other than ETH, there are no altcoins that have utility or are used in life, they are all speculative.

[Victorik]

Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

Elon musk losing grip of Twitter is not the reason behind dogecoin recent fall in price. As you can see, the market is in a very terrible state and so many coins have been badly affected, so I think dogecoin is having its own fair share of the market situation.

[Kemarit]

Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

Elon musk losing grip of Twitter is not the reason behind dogecoin recent fall in price. As you can see, the market is in a very terrible state and so many coins have been badly affected, so I think dogecoin is having its own fair share of the market situation.

I don't think that Elon is losing grip of Twitter, on the contrary, he bought it already and now has full control of it. Doge has existed even before Elon put a hype of it, and so it will continue to exist even if Elon will not support it.

The market is terrible continue, I do agree, and so is the other coins as well including Bitcoin. And so when we had another bull run, for sure Doge could be one coin that will enjoy the support again and maybe reaches new all time high, with or without Elon hyping it.

[saxydev]

The price of a joke is already hyped. Why do you have to link Elon Musk with Doge?