Dogecoin (DOGE)

[KingsDen]

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

For a coin to be the future of cryptocurrency, there are many things the coin should possess and among all I should consider decentralization as one of the most important factors. Everyone is clearly seeing the direction the industry is moving to. For security and privacy, it is better the project is in the handle of the people, rather than in the hand of a people.
Secondly, the should be a very good utility value of the coin. Meme coins are known for not having such utility values. Same is applicable to dodge if not that Elon adopted it as a payment means in his company.

DOGE was a meme Coin at the earliest stage most people didn't invest on the Coin, before was adopted by the Elon musk, using DOGE Coin as a means of payment in his company, that makes DOGE Coin price pump unbelievable, that is still have future potential in the cryptocurrency industries.

The weight and wave of Elon has reduced in the cryptocurrency industry. The hype is no longer high and not many people, especially bitcoiners value him in the industry. Elon is just a smart opportunist and a business man.

[LogitechMouse]

DOGE is a memecoin. Not a bad one but still. Do you really think it can be the cause for the bright crypto future?

DOGE's popularity as a memecoin has brought significant attention to the crypto space and demonstrated the power of community-driven projects. While its future remains uncertain, its journey could contribute to a brighter future for the entire crypto ecosystem by inspiring broader adoption and acceptance of digital assets.

It wasn't DOGE itself that made crypto a bit more popular. Elon Musk did.
What if Elon didn't promote DOGE? Do you think that the popularity of the coin itself, and the whole crypto will increase? Probably yes, but not the same as what Elon did.

DOGE is a meme coin, and not a center of attraction coin where we will depend on it for the brighter future of the whole crypto ecosystem. Inspiring broader adoption, and acceptance of digital assets? Isn't it Bitcoin that must be the one whose on top of that when it comes to that matter, and not DOGE? I mean what's your reason why you are looking at DOGE right now? It's because of Elon? Right now, the hype around meme coins might still be there, but DOGE isn't that popular anymore.

Though I like the coin because it's the first ever meme coin, to see it as the sign of the future of cryptocurrency is a bit overexaggerating if you will ask me. Internet meme phenomenon? Maybe that would fit, but not the future of crypto .

[Gozie51]

It brought attention when Elon Musk joined the Dogecoin run. But before that, it was just silent, and not most people know about it. It's just there, existing.
Now, because of what EM did many developers tried to recreate the same thing and expect to witness the same effect as how Doge did. But, let's face it, that won't happen, I hope. I am good with one meme coin in the market, creating more will diversify the money that is supposed to go to other projects with real use base backgrounds. Or, are we just going to waste our time and money joking around with this type of coin which we all know will not really help the technology of the future? They are just there for the hype and for whales to make money after manipulating it.

That is the hype that Elon musk brought in the meme coin market. Before doge coin most of the other coins never existed but Elon musk choose to drop bitcoin and focused on doge coin and that was how it went to the sky. I remember sometime ago he had Saturday Night Live (SNL) and gave doge coin more publicity and since then the meme coin gained some hype to stay in the top 5 in CMC at the time, moved to top 10, precisely at number 7 position and that is a very good performance for a meme coin.

[Xal0lex]

It brought attention when Elon Musk joined the Dogecoin run. But before that, it was just silent, and not most people know about it. It's just there, existing.
Now, because of what EM did many developers tried to recreate the same thing and expect to witness the same effect as how Doge did. But, let's face it, that won't happen, I hope. I am good with one meme coin in the market, creating more will diversify the money that is supposed to go to other projects with real use base backgrounds. Or, are we just going to waste our time and money joking around with this type of coin which we all know will not really help the technology of the future? They are just there for the hype and for whales to make money after manipulating it.

The disappearance of these types of coins will only happen when the industry will grow up and have many more regulators. For some, the arrival of even more regulation in the industry may mean bad times and a contradiction to the very concept of cryptocurrencies, but without proper regulation, these shitcoins will not go away. Memcoins play on human vices such as lust for profit, greed, etc. These techniques will always work if they are not dealt with at the legislative level.

[Jocuserious]

It is indeed meme coin but the best among all meme coins and you can be a long time hoarder by trusting dogecoin. Moreover, some of their services are managed where investors have a good opportunity to make profits.
As far as i know dogecoin was in a good position even before Elon musk came and now it has number one position in all meme coin. After all i am a very old dogecoin investor if I am not wrong.

[cabron]

It is indeed meme coin but the best among all meme coins and you can be a long time hoarder by trusting dogecoin. Moreover, some of their services are managed where investors have a good opportunity to make profits.
As far as i know dogecoin was in a good position even before Elon musk came and now it has number one position in all meme coin. After all i am a very old dogecoin investor if I am not wrong.

It's still one of the best coins out there with its own chain and being used widely also in different platforms so I have no doubt DOGE will have a good price. Crypto always has a good bright future. It's just the governments and the bear market that make crypto difficult to adopt since their regulations are killing the market. Once we passed all this stuff and Gensler loses his mind, it won't be that hard anymore.

[RewFrew]

Dogr is fantastic meme coin there has no Doubt. Doge played well from 2021. Now doge coin very popular. Today Doge coin price is $0.07735. Now its Marketcap is $10,861,594,007 and trading volume is140,415,156,384. Price of doge will increasing day by day. Ever since Elon Musk's tweet, the price of Doge has been increasing day by day. I think in future Doge coin price will hit $1 easily. Many people telling we are near about bull session. Within this year or frist or 2024 Bull session will start. When bull session start then altcoin and mainly doge coin will pump hardly and doge coin easily hit his target.

[Questat]

Dogr is fantastic meme coin there has no Doubt. Doge played well from 2021. Now doge coin very popular. Today Doge coin price is $0.07735. Now its Marketcap is $10,861,594,007 and trading volume is140,415,156,384. Price of doge will increasing day by day. Ever since Elon Musk's tweet, the price of Doge has been increasing day by day. I think in future Doge coin price will hit $1 easily.

What? Increase day by day? I don't see any importance with Doge and I don't believe in any projects that only it rise and become popular because of someone like Elon Musk who carried it out, not just because of its potential. Well, of course, we can see how it grow too fast and gained such fame and lead meme coins to gain attention to the community but granting that these projects don't have a real purpose to where it used, I doubted it gain popularity in the coming years.

[AmoreJaz]

Dogr is fantastic meme coin there has no Doubt. Doge played well from 2021. Now doge coin very popular. Today Doge coin price is $0.07735. Now its Marketcap is $10,861,594,007 and trading volume is140,415,156,384. Price of doge will increasing day by day. Ever since Elon Musk's tweet, the price of Doge has been increasing day by day. I think in future Doge coin price will hit $1 easily.

What? Increase day by day? I don't see any importance with Doge and I don't believe in any projects that only it rise and become popular because of someone like Elon Musk who carried it out, not just because of its potential. Well, of course, we can see how it grow too fast and gained such fame and lead meme coins to gain attention to the community but granting that these projects don't have a real purpose to where it used, I doubted it gain popularity in the coming years.

most meme projects derived their inspiration from doge. but do take note that even without elon musk mentioning doge, doge already established its niche in this market. before, traders were using this for transfer purposes because of its cheap fees and it can be found in most trading platforms. when musk made a hype on this, yes, it increased its value and so the fees involved. now, with these new meme projects, for sure, they are just riding the hype of this market, a lot already have been abandoned and exited this market.

[Rengga Jati]

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Doge coin is not a sign of the future of cryptocurrency, not as worthy or as amazing. But on the other hand, Doge coin is also not a Fleeting Internet Meme Phenomenon. Because after all, Doge has been around for a long time and this is the first meme coin that is truly accepted. even these coins were worthless meme tokens, which were only worth a few cents at the time. but often used for several transactions and also other activities.

But when it comes to other meme coins besides Doge, yes, I really believe that they only exist based on hype, including in the category of a Fleeting Internet Meme Phenomenon.

[wxa7115]

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

The correct answer is the latter by far, I mean what is happening with dogecoin is no different than what we see on the music industry or other similar business, in which an artist becomes incredibly famous and yet there are many others like them which could have taken their place as there is no difference among them in terms of their skills or their charisma.

Dogecoin is simply the first meme coin and as such it enjoys a popularity that if being released today it will not enjoy, so stay away from it as even if dogecoin is the probably the most solid meme coin, eventually you will want to invest in other meme coins thinking about the profits you may get, and you will take risks which will bring major costs to you.

[Sebas.tian]

If you are planning to invest in Dogecoin in this season, I don't think it will help you to get what you want before the end of this year because the coin is not rising but there is a hope that Dogecoin will rise higher in the future to help those that invested in it some years ago in the community.If you look round to see the position Dogecoin price is now, you will take Dogecoin your alternative coin because Ethereum and binance price is still showing some signs that is giving their investors joy that they will earn well before the end of this year 2023. I will advice you to invest huge amount of money on Ethereum and invest little on Dogecoin, because Ethereum is still maintaining second position among other cryptocurrencies in the market.

[JahriMeayer]

Memecoin can pump and dump with or without any news or reason. So based on memecoin, it should not right think its a Sign of the Future of Cryptocurrencies. Always consider bitcoin for the whole crypto market movement cause altcoins only follow bitcoin, not memecoin. For doge coin, elon musk may responsible and he might be doing this as he has money so he can do whatever he wish. But doge progressed a lot inspite of a memecoin.

[serjent05]

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Because of what Elon Musk is doing with it and you think it is the coin to first be considered? Bitcoin is the coin to be considered. Doge is just a meme coin (coin of no reason than to speculate its prices), although while many other coins have no utilities even as they are not meme coins.

DOGE is a memecoin. Not a bad one but still. Do you really think it can be the cause for the bright crypto future?

Doge has nothing to do with crypto bright future. Let us expect more manipulation from Elon Musk though.

Yes, indeed. They say that DOGE brought a lot of people to crypto. But a lot of them saw how it went from $0.7 to $0.1 and lower and abandoned crypto for good. It's definitely not the coin to consider it as some kind of messiah.

Dogecoin had been subjected to pump and dump.  I do not think that there is much difference in the future, although I admit that Dogecoin is the one that brings me to know Bitcoin but as I observe Dogecoin market, there's nothing changes, it is still a subject to pump and dump, now it is for us to take advantage of the pump and dump event that always happen on Dogecoin but be reminded that it is very risky if we try to ride on these schemes.

[TravelMug]

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Because of what Elon Musk is doing with it and you think it is the coin to first be considered? Bitcoin is the coin to be considered. Doge is just a meme coin (coin of no reason than to speculate its prices), although while many other coins have no utilities even as they are not meme coins.

DOGE is a memecoin. Not a bad one but still. Do you really think it can be the cause for the bright crypto future?

Doge has nothing to do with crypto bright future. Let us expect more manipulation from Elon Musk though.

Yes, indeed. They say that DOGE brought a lot of people to crypto. But a lot of them saw how it went from $0.7 to $0.1 and lower and abandoned crypto for good. It's definitely not the coin to consider it as some kind of messiah.

Dogecoin had been subjected to pump and dump.  I do not think that there is much difference in the future, although I admit that Dogecoin is the one that brings me to know Bitcoin but as I observe Dogecoin market, there's nothing changes, it is still a subject to pump and dump, now it is for us to take advantage of the pump and dump event that always happen on Dogecoin but be reminded that it is very risky if we try to ride on these schemes.

Yeah, some of us could have heard about Dogecoin before Bitcoin just like you. But in the end, we should know that Dogecoin is just a meme coin. So throughout it's existence, it has been subject to pump and dump and later on, with the way Elon Musk promote it, we thought that it will challenge bitcoin to be one of the biggest crypto out there and could remove the stigma of being a meme coin. However, it didn't last, obviously Musk has used it to most likely get enrich himself and now it is relegated to it's category as just a meme coin and has been copied by a lot like Shiba and others.

[_act_]

Yeah, some of us could have heard about Dogecoin before Bitcoin just like you. But in the end, we should know that Dogecoin is just a meme coin. So throughout it's existence, it has been subject to pump and dump and later on, with the way Elon Musk promote it, we thought that it will challenge bitcoin to be one of the biggest crypto out there and could remove the stigma of being a meme coin. However, it didn't last, obviously Musk has used it to most likely get enrich himself and now it is relegated to it's category as just a meme coin and has been copied by a lot like Shiba and others.

Elon Musk though he would have enriched his pocket with dige, but he failed to realize that it is people that makes him rich. He manipulated and make doge become the crypto payment for Tesla. He bought Twitter and maybe he has in mind to make doge the Twitter currency. But his past mistakes made his network to drop 2 times more. Let us still what would happen. What I know is that no matter how he wants to try to manipulate, doge will still remain a memecoin.

[Ziskinberg]

Memecoin can pump and dump with or without any news or reason. So based on memecoin, it should not right think its a Sign of the Future of Cryptocurrencies. Always consider bitcoin for the whole crypto market movement cause altcoins only follow bitcoin, not memecoin. For doge coin, elon musk may responsible and he might be doing this as he has money so he can do whatever he wish. But doge progressed a lot inspite of a memecoin.

It pumps because someone did it and it dumps because people are leaving and dumping their coins.
It was not necessary to give hope to this coin but something we must know is that Doge had already existed for many years so even though it never pump like bullish, this coin remains, unless all the supporters will stop. But I was sure that it never happens because even they know that Dogecoin has no market potential but guess what, they still supporting it.

[FahriZah]

Doge coin is one of the best coin in meme sectors because dege coin is very strong coin and already create hype and people’s still now holding huge amount of doge coin and people’s are now still buying bulk amount doge coin for holding long time for make Golden in future and my personal opinion doge coin can go $1 within 2025 just thinking so many people’s expected about doge coin price again ATH.

[khiholangkang]

Yeah, some of us could have heard about Dogecoin before Bitcoin just like you. But in the end, we should know that Dogecoin is just a meme coin. So throughout it's existence, it has been subject to pump and dump and later on, with the way Elon Musk promote it, we thought that it will challenge bitcoin to be one of the biggest crypto out there and could remove the stigma of being a meme coin. However, it didn't last, obviously Musk has used it to most likely get enrich himself and now it is relegated to it's category as just a meme coin and has been copied by a lot like Shiba and others.

Elon Musk though he would have enriched his pocket with dige, but he failed to realize that it is people that makes him rich. He manipulated and make doge become the crypto payment for Tesla. He bought Twitter and maybe he has in mind to make doge the Twitter currency. But his past mistakes made his network to drop 2 times more. Let us still what would happen. What I know is that no matter how he wants to try to manipulate, doge will still remain a memecoin.

Yes what he did was to manipulate the market with his popularity, if only he was not the richest person in the year of the rise of doge coins, which became an indicator of the meme coin attracted many enthusiasts, maybe it had no influence on the market if the usual diaoang, but because he was the person in Handling in the economic world with the wealth of his assets and his company that made it had an influence on the stigma of people in responding to what he did.
The impression of manipulation is clearly visible, and yes, it is rich with many people who buy doge, but there are indeed many people who become rich from doge, but only a few early adapters.
And even if the coin logo is a dog, it will remain a meme coin, unless they make big changes to the coin doge and grow more utilities on their networks and coins may be different in the last stories.

[lepbagong]

Doge coin is one of the best coin in meme sectors because dege coin is very strong coin and already create hype and people’s still now holding huge amount of doge coin and people’s are now still buying bulk amount doge coin for holding long time for make Golden in future and my personal opinion doge coin can go $1 within 2025 just thinking so many people’s expected about doge coin price again ATH.

Of course, everyone wants to see that what is invested can provide an opportunity to be able to achieve profits; the same goes for coin doge memes. Everyone must admit that, as you said, for meme coins so far, Doge is certainly the best among all meme coins, and no one can argue with that.The influence of elon musk is very helpful to always provide a renewable surprise so that it always makes doges able to increase, although not always for a long time, and finally back down. It must be admitted that many are speculating on investing in doges because they always want to get an instant surprise.I think what you said is quite realistic: later during the bull run, Doge will be able to reach $1, which is a decent thing to get, but once again, the role of Elon Musk is really needed for this surprise.