Is Dogecoin Dead ?

[samcoin]

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.

Although Meme coins have no viable use cases, its market cap is on the rise. Actually, a big part of crypto currencies are speculative assets that can't provide technical benefits, so I think that Meme coin will remain in the market as long as it's unregulated and developing market, and the biggest beneficiaries are the whales who pump and dump it.

I recently came across an article stating that the demand for Meme coins still on the rise:
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

[romero121]

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.

Although Meme coins have no viable use cases, its market cap is on the rise. Actually, a big part of crypto currencies are speculative assets that can't provide technical benefits, so I think that Meme coin will remain in the market as long as it's unregulated and developing market, and the biggest beneficiaries are the whales who pump and dump it.

I recently came across an article stating that the demand for Meme coins still on the rise:
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

Agreed, what is being said is the real working of these memecoins. Though there are no real use case this is much preferred for technical benefits by the whales to profit. There were more discussion on the memecoins existence and getting out of usage at the shortest. Doge is not the kind and it survives and is predicted to be good in the long term. So, for everyone who think dogecoin dead is wrong.

[serjent05]

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.

Although Meme coins have no viable use cases, its market cap is on the rise. Actually, a big part of crypto currencies are speculative assets that can't provide technical benefits, so I think that Meme coin will remain in the market as long as it's unregulated and developing market, and the biggest beneficiaries are the whales who pump and dump it.

I recently came across an article stating that the demand for Meme coins still on the rise:
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

This simply states that Dogecoin is alive and kicking.  We really can't comprehend people's thoughts and ideas sometimes.  As we can see, meme coin has no real-life case use but it keeps on growing.  I think there is a powerful person behind Dogecoin that keep on pumping it.  Now the question will be, what will happen if the group behind the surge of Dogecoin pulled out its support and decided to cash out.  Do you think Dogecoin will survive the ideals? 

[MinoRaiola]

New twitter CEO

https://twitter.com/elonmusk/status/1625695877326340102

It doesn't look like Dogecoin is dead. And Doge has been there since the beginning, listed on so many exchanges and so many use Doge... dead looks different. It currently looks like Elon Musk will have more time and let play with Doge for the upcoming Bullrun? Don't forget that he still had Doge1 planned, or the idea for it. When he really wants to be involved in the next Bullrun again, then SpaceX and Doge1 will be launched. I searched for some news or tweets on twitter, but i found nothing good. It may be too early for this, but he has shot a Tesla into space and Starman is there. You want to know where starman is, then look here:

But where is this vehicle?
The current location is 201,516,103 miles (324,308,832 km, 2.168 AU, 18.03 light minutes) from Earth, moving toward Earth at a speed of 9,454 mi/h (15,215 km/h, 4.23 km/s).

Source: https://www.whereisroadster.com/

[ashslm]

Dogecoin is only dead if Doge community is dead (which likely won't ever happen).