Dogecoin (DOGE)

[avp2306]

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.

Dogecoin is like an abandon coin where the dev has no control of it so maybe we cannot see a stable good movements with this coin and the one exist is just pure manipulation that's why this is the coin love by Elon since he don't have to worry that he will caught off empty handed with it.

People need to be aware that eventhough Dogecoin is old coin they still have big chances to lose especially when they listen to the manipulators approach and decide to hold it for long term.

Although many earn when the time it pumps but also many loser when they got FOMO then the price dumps.

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[Hypnosis00]

Well, it is to say that Doge gains popularity because of Elon Musk, not because people had see it as valuable in the crypto space. So, what will happen if Elon Musk is gone and leave Dogecoin, could we think will be hyped again, I don't think so. I don't think Dogecoin deserves too much attention and so are these meme coins. Yes, it can't deny that many people have made money from them but can't see how many people had suffered losses because of these shitcoins. I don't want to assume but I know most of us know about Dogecoin, it was not a good choice for investment and so thinking it will bullish again is impossible.

[www.Gambler.Casino]

I continue to believe in Doge! I want to bullrun 2-5$ per coin 

[DeathAngel]

Lots of people made life changing money in DOGE & following memecoins like SHIB, PEPE etc but they are the minority. Most people buying these coins will be doing so because they saw the FOMO & craze on Twitter or in forums or something. They buy at the top & end up selling at a loss.

Most of these memecoins have ridiculous circulating supply, a bunch of people get premined stacks. They are mostly a waste of time with no future use in the real world.

[Japinat]

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.

Dogecoin is like an abandon coin where the dev has no control of it so maybe we cannot see a stable good movements with this coin and the one exist is just pure manipulation that's why this is the coin love by Elon since he don't have to worry that he will caught off empty handed with it.

People need to be aware that eventhough Dogecoin is old coin they still have big chances to lose especially when they listen to the manipulators approach and decide to hold it for long term.

Although many earn when the time it pumps but also many loser when they got FOMO then the price dumps.

Abandoned coin is not a correct term for doge, IMO and it is much more suitable if we call it as a dormant coin because it is dormant in the first place and its characteristics is what Elon Musk loves the most. Also, Elon liked and promoted doge because it is a kind of coin where he can easily control it without any struggles just like what he did in the previous incidents and he will always take advantage of it while there are still some people that are waiting for his move.

[wheelz1200]

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

Doge was a boredom phenomenon in 2020-21.  History doesn't normally repeat itself when it comes to useless things.  Memecoins serve zero purpose other than trade toys to get more bitcoin.  They mimic ponzi's and are just driven by greed.  It will soon all vanish along with all the money people put into them.

[Xal0lex]

Well, it is to say that Doge gains popularity because of Elon Musk, not because people had see it as valuable in the crypto space. So, what will happen if Elon Musk is gone and leave Dogecoin, could we think will be hyped again, I don't think so. I don't think Dogecoin deserves too much attention and so are these meme coins. Yes, it can't deny that many people have made money from them but can't see how many people had suffered losses because of these shitcoins. I don't want to assume but I know most of us know about Dogecoin, it was not a good choice for investment and so thinking it will bullish again is impossible.

This memcoin was once insanely popular without the participation of Ilon Musk. All thanks to its utilitarian features in terms of cheap commissions when transferring your funds from one service to another. Now, thanks to Ilon, this feature has lost its relevance and many exchanges ask for 20-40 DOGE for the transfer of your funds, which can hardly be called a good option for the transfer. Ilon Musk has done nothing useful for DOGE, except turning a unique coin into another speculative tool.

[Beparanf]

Well, it is to say that Doge gains popularity because of Elon Musk, not because people had see it as valuable in the crypto space. So, what will happen if Elon Musk is gone and leave Dogecoin, could we think will be hyped again, I don't think so. I don't think Dogecoin deserves too much attention and so are these meme coins. Yes, it can't deny that many people have made money from them but can't see how many people had suffered losses because of these shitcoins. I don't want to assume but I know most of us know about Dogecoin, it was not a good choice for investment and so thinking it will bullish again is impossible.

This memcoin was once insanely popular without the participation of Ilon Musk. All thanks to its utilitarian features in terms of cheap commissions when transferring your funds from one service to another. Now, thanks to Ilon, this feature has lost its relevance and many exchanges ask for 20-40 DOGE for the transfer of your funds, which can hardly be called a good option for the transfer. Ilon Musk has done nothing useful for DOGE, except turning a unique coin into another speculative tool.

Besides what you mention. The worst part is the circulating supply is unlimited while there’s no token burn mechanism. The price is still stable while the supply is increasing which is forming a bubble. This is the worst meme coin because it’s valuation is purely due to hype of Elon while the utility is still the same for P2P transactions which most of the mem coin with token burn mechanism and other utility already have.

[swogerino]

I continue to believe in Doge! I want to bullrun 2-5$ per coin 

Who doesn't but that may sound more like a wish rather than a belief.I know many people still trust in Doge to go up a lot in the next bull run but these guys seem more realistic with their prediction from 1 dollar to 1.5 or 1.8 dollar max per coin which would be a huge increase and I am sure the people who have hodled long enough will make a fortune.Unfortunately from what I assume by asking people around me is that nobody anymore hold a big amount of Doge-s and most people have exchanged in favor of other coins or sold completely,I personally believe they have done the wrong thing but the next bull run will tell us for sure  .

[Yamifoud]

Lots of people made life changing money in DOGE & following memecoins like SHIB, PEPE etc but they are the minority. Most people buying these coins will be doing so because they saw the FOMO & craze on Twitter or in forums or something. They buy at the top & end up selling at a loss.

Most of these memecoins have ridiculous circulating supply, a bunch of people get premined stacks. They are mostly a waste of time with no future use in the real world.

Well, I'm going to agree with that and they have earned a lot of money during the hype but certainly, this is not forever, it was just temporary. But without this hype thing, I don't think people will become crazy about these meme projects because the truth is that these projects don't have potential market value and use-case.

I was worried about those people who are not able to sell them while on hype, I know there are some because it was hard to think that they will pump again. In fact, without Elon Musk it was impossible for Dogecoin to soar high, how much more with these Shiba and Pepe coins?

[Xal0lex]

This memcoin was once insanely popular without the participation of Ilon Musk. All thanks to its utilitarian features in terms of cheap commissions when transferring your funds from one service to another. Now, thanks to Ilon, this feature has lost its relevance and many exchanges ask for 20-40 DOGE for the transfer of your funds, which can hardly be called a good option for the transfer. Ilon Musk has done nothing useful for DOGE, except turning a unique coin into another speculative tool.

Besides what you mention. The worst part is the circulating supply is unlimited while there’s no token burn mechanism. The price is still stable while the supply is increasing which is forming a bubble. This is the worst meme coin because it’s valuation is purely due to hype of Elon while the utility is still the same for P2P transactions which most of the mem coin with token burn mechanism and other utility already have.

All memcoins depend on something, be it a group of investors, some influencer or a developer who spends money to promote the memcoin. Without these components no one wants any memcoin, people buy these coins when they are very much talked about in the crypto community. Once shillers and Influencers forget about memcoin, it becomes absolutely no use to anyone. The whole memcoin industry is built only on speculation and hype.

[Rupok]

Try to consider bitcoin for crypto market movement at present because all altcoins follow bitcoin only, and when bitcoin price increases altcoins increase but memecoin doesn't follow bitcoin. DOGE is a meme coin and memecoin pumps without any news or reason and can dump.  Mam Coin has very low utility.  Mamecoin investors are always in dilemma.  Doge Coin has been interesting ever since Elon Musk came up with doge Coin.  So doge is definitely a good coin as a memecoin.

[Mehedi72]

Memecoin as well as shitcoins, can be manipulate so easily. So it is not new when memecoin or shitcoin pumped a lot like two or three time within a day. Cause those also go down with the double speed than pump. And this thing will work same in future for memecoin.  So don't believe those. Elon is controlling dogecoin. it's true that due to elon, doge is about to touch the sky but he always manipulating dogecoin for his profit.

[TravelMug]

Memecoin as well as shitcoins, can be manipulate so easily. So it is not new when memecoin or shitcoin pumped a lot like two or three time within a day.

I think we already know this, Doge is the first meme coin and we thought that it will be dead, but in the last couple fo years, it continue to grow because of Elon Musk. We thought that he is a pro-bitcoiner, but then again his company sold their BTC already.

Cause those also go down with the double speed than pump. And this thing will work same in future for memecoin.  So don't believe those. Elon is controlling dogecoin. it's true that due to elon, doge is about to touch the sky but he always manipulating dogecoin for his profit.

But as far as manipulation goes, yeah, it's true, meme coins can easily be manipulated just like what we have seen in the past, by Elon Musk himself. He can't even take it away from his mouth and everything he opens it, the price of Doge will surely be impacted in the positive way.

[Coin63$]

Dogecoin is basically a memecoin.The demand for this coin was once quite high when Elon Musk supported it. Since then the demand of investors on this coin has also increased. We can see the rise of Dogecoin as both a sign of the future of cryptocurrency and a fleeting internet meme phenomenon. We know that Dogecoin is an open source peer-to-peer cryptocurrency that uses blockchain technology.

[onecall123]

Doge had a rapid surge from 0.05 to 0.40 only a couple days not too long ago because of Elon Musk. A similar scenario might happen again, especially with strong integrations with Twitter! However, many of us in the crypto community consider Doge a meme coin and they are aware that it can be influenced easily. Elon Musk has been actively involved, but those with a good understanding can see his strategic plays.

[beerlover]

Cause those also go down with the double speed than pump. And this thing will work same in future for memecoin.  So don't believe those. Elon is controlling dogecoin. it's true that due to elon, doge is about to touch the sky but he always manipulating dogecoin for his profit.

But as far as manipulation goes, yeah, it's true, meme coins can easily be manipulated just like what we have seen in the past, by Elon Musk himself. He can't even take it away from his mouth and everything he opens it, the price of Doge will surely be impacted in the positive way.

Not just "can be manipulated" but it is. Why do you think that dogecoin went up that much? It was all because Elon Musk said he likes it, and he got a lot of attention for it and he was praised for it by the investors and he kept doing it because why wouldn't you do something that showers you with love?

You would keep doing that, if people, and I mean millions of people, praised you everyday from morning till sundown, you would probably do it too. This resulted with a big hype, that was the only reason, without Elon Musk, there is no doge pump at all, it was a 3 cent no good joke thing that everyone already forgot about before he started tweeting about it. That's called manipulation and normally could be punishable as well.

[Furious 7]

Doge had a rapid surge from 0.05 to 0.40 only a couple days not too long ago because of Elon Musk. A similar scenario might happen again, especially with strong integrations with Twitter! However, many of us in the crypto community consider Doge a meme coin and they are aware that it can be influenced easily. Elon Musk has been actively involved, but those with a good understanding can see his strategic plays.

This is still a possibility and it all depends on Elon when it comes to Doge as the two are never out of sight when Doge appears and shoots back to where he was before.
But to allow something similar to happen even for the previous ATH where it was almost $1 back then now would not be easy for Elon to manipulate.
I think the condition of Doge now is like losing a lot of trust from many people because with the previous extraordinary pump there was a dump which has indeed happened until now and even if there is hype again in the future but I doubt many people will have more trust except for new people because people who were trapped here when the previous pump wanted to try to get new profits and that was their chance to get out so even if there is a pump again I'm not sure the price is bigger like before.

[Sophokles]

I have never been a fan of meme projects, but as long as Elon is propagating Doge, there is still room to make money from this useless coin. Elon has always been so dedicated to Doge that he literally says "Doge to the moon" in public. He must have invested millions of dollars in Doge, and we all know how shrewd he is about his business. There won't be a rally like there was in the last bull run, but it won't be worthless anytime soon.

[goaldigger]

I have never been a fan of meme projects, but as long as Elon is propagating Doge, there is still room to make money from this useless coin. Elon has always been so dedicated to Doge that he literally says "Doge to the moon" in public. He must have invested millions of dollars in Doge, and we all know how shrewd he is about his business. There won't be a rally like there was in the last bull run, but it won't be worthless anytime soon.

The hype will always be there with the meme tokens its just about the season and the trip of every big investors. If Elon really cares about DOGE and he will encourage the developer to make this project more reliable unfortunately he is just hyping this one as if one of the big investors of DOGE and that’s why there’s no consistency and the price only pumps if there’s a news about it, especially the hype from Elon. Be careful on dealing with the meme tokens, they are seasonal.