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Author Topic: Is Dogecoin Dead ?  (Read 1084 times)
swogerino
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January 29, 2023, 05:07:05 PM
 #121

Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.

I also don't think that is dead but Dogecoin has no real "technology" or "use case" behind it as its creator created it as a meme coin only.As far as I know this is still the case,I don't know this coin like Ethereum or some other ones to give a chance to programmers to come out with apps built on top of it and as such it is a dangerous coin to invest in.

However I am also one that I have invested my self in here and have Dogecoins and their related other crypto like Shiba Inu and I have only done so because this coin became well known from Elon Musk promotion that it creates a lot of hodlers for this coin and they still are holding,I hope it brings some good money for us but from a technology perspective this coin is worthless.

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Josefjix
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January 30, 2023, 02:26:06 AM
 #122

Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.
Dogecoin is considered as a dump project in the market with Elon Musk as CEO of the project, he only pumped it with his tweets about the coin and some restaurants making it as means of payment interms of clearing or ordering food items from the store. It's beneficial for those that made gigantic profits from it when it made a massive bull run in 2021, when it hits it's all time high for a long time which is 0.73995 and eversince then, forming such long green candles is very rare because the project roadmaps depends entirely on the moderators who are not putting in their hard earn working tools together. Dogecoin is currently 0.08883 and it remain stagnant for months. Fear, Uncertainty and doubt have prevent others from investing in dogecoin.

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January 30, 2023, 02:19:30 PM
 #123

I wouldn't say that DOGE is dead. Yeah, the price doesn't seem good, but it has a strong community and DOGE actually is a good coin with pretty low fees. I don't think it will reach $1 soon, or maybe ever, but does it need to?
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January 30, 2023, 03:14:57 PM
 #124

I'm of the opinion that dogecoin is still a good altcoin and it would be worth holding some, basically because of the fact that the market could be volatile and one could benefit from the possibility of a hype which is imminent since the Tesla boss still considers the coin a good deal.
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January 30, 2023, 03:52:51 PM
 #125

Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.
I think that it is important to remember that dogecoin is still a very strong coin and has a very strong community. I think that it is also important to remember that dogecoin has a long journey ahead of it and that it is still growing and developing. I think that it is important to remember that dogecoin is not just a coin that is only held by the developer, but that everyone holds this coin and makes doge really very strong in terms of community and of course fundamental value. So, anyone who says that dogecoin is dead is obviously just trying to spread FUD.
A strong community is the key to Doge. The underline technology is far behind another blockchain such as INU, near, or SOLANA. But as it was created for a meme, being in the top 10 is an outstanding result. Doge in fact is still very good for gamblers who want to make a smaller bet. Moreover because it is a lightweight coins, making transactions are extremely fast

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January 30, 2023, 11:15:36 PM
 #126

Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.
If Elon Musk's influence hadn't been so strong, Dogecoin would have been extinct long ago.
The OP asks this question due to the fact that, for obvious reasons, no real cryptocurrency investors take meme coins seriously as an investment, which has led to all meme coins literally dying during a bearish market and then reviving during the bullish market.
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January 30, 2023, 11:39:55 PM
 #127

Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.
If Elon Musk's influence hadn't been so strong, Dogecoin would have been extinct long ago.
The OP asks this question due to the fact that, for obvious reasons, no real cryptocurrency investors take meme coins seriously as an investment, which has led to all meme coins literally dying during a bearish market and then reviving during the bullish market.
That's wrong. When did Elon Musk had pumped the market of dogecoin. It is just years back. Dogecoin is one among the earliest in the market and even before the pumping from Elon Musk's influence dogecoin have provided with good rate of interest for the investors. Even now the market of dogecoin still stands strong. Dogecoin won't be dead just because there is no growth as expected.

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January 31, 2023, 06:45:28 PM
 #128

Dogecoin was already dead a long time ago, it was only revived for a quick pump and drop by Elon and most of the investor's that came to Doge are newbies who have zero or low knowledge on crypto.



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January 31, 2023, 11:16:20 PM
 #129

Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.

That's right, Doge is already well-known among investors or those who know about vitrual currency and it'sn't easy for Doge to just die but it's possible that Doge will die later with a decline that continues to decline every year. there is something that must be understood about all of this.

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January 31, 2023, 11:21:39 PM
 #130

Dogecoin was already dead a long time ago, it was only revived for a quick pump and drop by Elon and most of the investor's that came to Doge are newbies who have zero or low knowledge on crypto.


are you sure with your statement? in my opinion, newly-created meme tokens like shib will first suffer their doomsday before doge will. doge may decline its value, but its use case has long been established even before the rise of these new meme tokens. now that doge is a lil bit expensive than in previous years, its use as transfer purposes has been diminished as there other alts offering much cheaper tx fees.

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February 02, 2023, 03:58:00 PM
 #131


Quote
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?


How can you say like that? Haven't you noticed Dogecoin's daily trading volume? or have you never paid attention to the position of dogecoin in coinmarketcap?. in my opinion, doge will not die and will not disappear in the market as long as it is still in great demand and is supported by large investors who have their largest capital. what you say is not likely to happen
There are still a lot of Doge Holders, in fact I can confirm that almost everyone in the cryptocurrency community has Doge in every wallet,
because Doge is indeed one of the oldest altcoins in the world of cryptocurrencies,
if you say that doge is dead then you are really really still don't really understand how crypto currency works.

Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion

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February 02, 2023, 04:32:44 PM
 #132

Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion
I've always been afraid to buy this doge, because the supply is unlimited. And after all it's a regular coin which isn't as strong as BTC and its fundamentals Binance and Doge too was originally just a joke coin. So doge is not a long term recommendation in my opinion because it is too risky even though doge coin is still supported by Elon Musk and his strong community. Just a suggestion if you want to invest in Doge you have to be careful.
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February 03, 2023, 09:03:49 AM
 #133

Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion
I've always been afraid to buy this doge, because the supply is unlimited. And after all it's a regular coin which isn't as strong as BTC and its fundamentals Binance and Doge too was originally just a joke coin. So doge is not a long term recommendation in my opinion because it is too risky even though doge coin is still supported by Elon Musk and his strong community. Just a suggestion if you want to invest in Doge you have to be careful.

Yes, of course Dogecoin is not a coin that has strong fundamentals, but you can play Dogecoin with short-term investments, and don't put all your assets in it. this is a way to reduce the risk in dogecoin trading.

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February 04, 2023, 04:50:03 AM
 #134


Quote
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?

In my opinion, Elon Musk's resignation as CEO of Twitter will not affect the price of Dogecoin, let alone cause Dogecoin to lose market value or die. I don't think that's the reason for Eln Musk's departure from CEO Twitter. which is the reason Elon musk resigned from CEO twitter because of the bad conditions that are currently hitting one of his companies, TESLA.
thus I think the price of doge coin will be as usual in the crypto market, dogecoin will continue to live in the market

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February 04, 2023, 07:50:46 AM
 #135

I wouldn't say that DOGE is dead. Yeah, the price doesn't seem good, but it has a strong community and DOGE actually is a good coin with pretty low fees. I don't think it will reach $1 soon, or maybe ever, but does it need to?
If cryptocurrency market is good, all coins will increase in price very soon. Also DOGE coin price will increase. But I don't think DOGE coin price will ever be 1$.

Quote
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?


How can you say like that? Haven't you noticed Dogecoin's daily trading volume? or have you never paid attention to the position of dogecoin in coinmarketcap?. in my opinion, doge will not die and will not disappear in the market as long as it is still in great demand and is supported by large investors who have their largest capital. what you say is not likely to happen
There are still a lot of Doge Holders, in fact I can confirm that almost everyone in the cryptocurrency community has Doge in every wallet,
because Doge is indeed one of the oldest altcoins in the world of cryptocurrencies,
if you say that doge is dead then you are really really still don't really understand how crypto currency works.

Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion
I think Dogecoin coin will never die.  The reason is that Dogecoin coin has many investors behind it.  Many are still investing. It may turn out to be a good position one day. Everyone is investing in this hope.

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February 04, 2023, 08:08:49 PM
 #136

It's not dead but there is no need for it to go on another run.  Me coins have seen their run and most people are just bag holding at this point.  With supply increasing 10k new coins every 1 minute it will be hard for demand to outpace supply causing another massive price spike.

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February 04, 2023, 09:55:35 PM
 #137

It's not dead but there is no need for it to go on another run.  Me coins have seen their run and most people are just bag holding at this point.  With supply increasing 10k new coins every 1 minute it will be hard for demand to outpace supply causing another massive price spike.
^ As long as Elon Musk supported it, dogecoin will remain of the top altcoins in the market.
The problem with this coin it has an unlimited supply if this coin becomes a limited supply the chances of increasing the price is highly possible but it is not. For now, as long as there are communities supporting dogecoin it will long last also this coin has a utility and I don't think it will easily vanish in the crypto space.
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February 04, 2023, 11:33:09 PM
 #138

It's not dead but there is no need for it to go on another run.  Me coins have seen their run and most people are just bag holding at this point.  With supply increasing 10k new coins every 1 minute it will be hard for demand to outpace supply causing another massive price spike.
I always wondered if these meme coins ever running out of new bag holders but it seems that's the case, it's just stagnant, the already veteran holders waiting other people to get in that it to wait until massive flow of investments comes in so they could liquidate their investment while also waiting for the right price mark meanwhile it seems newer people are also hesitant in investing since the value already too high anyway.

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February 05, 2023, 05:23:31 AM
 #139

I always wondered if these meme coins ever running out of new bag holders but it seems that's the case, it's just stagnant, the already veteran holders waiting other people to get in that it to wait until massive flow of investments comes in so they could liquidate their investment while also waiting for the right price mark meanwhile it seems newer people are also hesitant in investing since the value already too high anyway.
This is a problem inherent to all meme coins and shitcoins in general, once there is a huge pump the lucky ones get huge profits and have no need to ever invest in the same coin, but for the rest they have no option but to wait for another pump to come.

But as soon as the price seems to be ready to pump there are several traders willing to capitulate and recover whatever they can, this reduces the chances of a new pump happening and while dogecoin has so far defied all our expectations this cannot last forever as the number of bag holders will be so big that sooner or later the demand will not be enough to produce another pump.
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February 05, 2023, 04:25:02 PM
 #140

one of the top altcoins in my opinion so far is Dogecoin,
this has been proven that Doge coin really has a very high ROI compared to Ethereum or XRP,
and I see people saying that Doge is dead?
this is a joke for me because Doge will still live and I guarantee that Doge will be the top crypto currency after Bitcoin even Ethereum might lose.
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