Dogecoin (DOGE)

[Magic-Money]

Dogecoin has been a meme Coin that changes the game back during the last Bull Run market it surprised many people in the cryptocurrency industries market and that shows that anything can happen for a long time investment holding and DOGE Coin and Shiba Inu make early investors Rich.

[0t3p0t]

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

Dogecoin is known to be the most popular meme coin that has been on the crypto industry. Elon Musk loves to shill this meme coin and I don't think it's rise could be a sign of the future of cryptocurrencies. It seems Bitcoin is the chief of command in crypto. When Bitcoin goes up every alts will follow same as it goes down.

[|MINER|]

If I have to say anything about doge coin then I will say that it future still questionable because first of all it was an meme coin so it always goes on the hype and I and many others thinks that todays doge coin is here only for the support of Elon musk. So if on the future Elon musk leave from doge coin what will happen with its. Anyway there is something news about that on the future doge coin  can be attached with twitter (X) so I am really confused about this coin.

[VFalcon]

This token has already shown that it depends on one person, and I would not trust such memtokens, it is better to pay attention to the TFS token, in this case there is a much better chance to make money

[Hispo]

Dogecoin is not a bad coin for what it is: a meme.
There are people in this thread talking bad about Doge, just because that reason. Let us be clear, a memecoin is not the same thing as a shitcoin.

The main characteristic of shitcoins is the fact they lose value in a very accelerate pace, on the other hand Doge has managed to stay relatively revelant and among the top of coins in the market by Capitalization.

Other coins have tried to repeat or achieve that Doge did and so far only Shiba has managed to do it.

[lalabotax]

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.

In fact, the current Dogecoin hype seems to have become history because the coin still hasn't been able to come back quickly. In fact, the price is far from when it was at ATH. And we also never know whether the price of Doge will eventually rise again to ATH or pass through ATH or not during the bullrun.

But what is certain is that the Doge coin hype really seems to change something. That is, at least until now there are still many project developers using the Doge coin hype as a meme coin hype. And in the end they are still creating new meme coins by relying on the hype. Even though we know that these coins will eventually become ashes. So this is just hype capital, after taking profits, forget about it.

[EFS]

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

What's the point of having same thread when we have active original DOGE thread in Announcements section?
This thread isn't even a speculation in this way. If you change subject that would look better.

In 3 months DOGE will turn into 10 and it's here to stay being as the first memecoin.

[_BlackStar]

Dogecoin has been a meme Coin that changes the game back during the last Bull Run market it surprised many people in the cryptocurrency industries market and that shows that anything can happen for a long time investment holding and DOGE Coin and Shiba Inu make early investors Rich.

Of course - the two meme coins have made many of their investors very rich and made millions of dollars from it. But I believe that the game is over if there are no influencers to continuously create hype - so now the risks in the future of these meme coins are higher than ever.

I'm not sure if Doge will still make it to $0.5 again in the next bullrun - but anything could happen if the hype is still there. In fact I don't really like the huge risks that Doge offers its investors - but anyone can consider the risks in amounts they can afford to lose.

[mich]

Well now that the CEO of twitter Linda Yaccarino did say it will have a payment option. I think there is lots of people who think Doge will be a option.

We know how that Elon Musk loves his Doge. https://coinpedia.org/news/twitters-payment-integration-announcement-sparks-dogecoin-speculation/

[so98nn]

I think you are actually very much new in the DOGE world. Things have been noisy when it came to DOGE from the wealthiest person in the world - Mr Elon. I think you missed that timeline somehow. It was crazy back in the year when everyone saw DOGE moving upwards to 60 cents a piece. Can you imagine that price now? It is not gonna happen because it was merely a meme stunt by Elon who pulled on the entire world, to be honest.

I was also one of the victims by putting a lot of investment into it. Though I never believed in meme coins or altcoins for that matter, back in the time it was our hero and a wealthiest man whose words bent my decision-making process. I think you should not trust meme coins just like that.

If you are grabbing them from faucets or some free shit then that is completely fine.

[TribalBob]

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

doge is the best meme coin compared to other meme coins, and I am not afraid to invest in this coin, even though the doge trend is momentary, there is confidence that the doge trend will return
However, regarding the future of crypto, I think Doge will not be the main thing but only as a companion to the top coin
It could be said that the best followers are worthy of other altcoins who are looking for their own identity

[Mehedi72]

Snip

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.

Doge wasn't so popular before elon himself interfair about its matter. Doge pumped and gained public attention by pumping hardly, only for elon who was manipulated doge behind everyone. And due to his indulgence, people following doge and do investing which is high risk activity cause memecoin still has no purpose. It is elon who keep doing same thing again to let doge pump. Some may take advantage from it, but this is high risky step to go forward doge

[yra8h2nf8h]

I don't understand why they can have faith in such a meme coin project, but I can't deny its significance in the cryptocurrency market. In the case of Dogecoin, it found success in building a community due to Elon Musk, which in turn fostered trust through investor price appreciation. However, for those who bought Dogecoin at $0.7, that trust might be gone, and they could potentially lose that money forever while ending up with a pile of worthless tokens.

[Texac]

I think you are actually very much new in the DOGE world. Things have been noisy when it came to DOGE from the wealthiest person in the world - Mr Elon. I think you missed that timeline somehow. It was crazy back in the year when everyone saw DOGE moving upwards to 60 cents a piece. Can you imagine that price now? It is not gonna happen because it was merely a meme stunt by Elon who pulled on the entire world, to be honest.

I was also one of the victims by putting a lot of investment into it. Though I never believed in meme coins or altcoins for that matter, back in the time it was our hero and a wealthiest man whose words bent my decision-making process. I think you should not trust meme coins just like that.

If you are grabbing them from faucets or some free shit then that is completely fine.

You forget that Doge was founded in 2013, it existed and developed before Elon talked about it.  if you look back at Doge's chart history, it also increased hundreds of times from 2013 to 2017 without Elon's help.  even though it was created without any real utility, it still had a large community supporting and using it until Elon came along and made things even crazier.

You are not a victim of Doge or any meme project, you are a victim of Elon and your greed.  if you are not greedy and alert, you will not buy Doge at $0.6 or $0.7, that is too high a price and that is the time to take profits, not buy.

[Kelvinid]

Snip

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.

Doge wasn't so popular before elon himself interfair about its matter. Doge pumped and gained public attention by pumping hardly, only for elon who was manipulated doge behind everyone. And due to his indulgence, people following doge and do investing which is high risk activity cause memecoin still has no purpose. It is elon who keep doing same thing again to let doge pump. Some may take advantage from it, but this is high risky step to go forward doge

Elon Musk influenced not just Dogecoin but also the mindset of his followers and supporters. Indeed, we can't deny the fact that Dogecoin gives a huge profit to its investors during the hype but also, many people got in the wrong timing and lost their money. But despite that situation, many supporters remain and keep following EM which is why, until now Dogecoin is still famous and kept that name. Now, many people looking for meme coins and other hype as they think that this will be their chance to earn more from not holding and waiting for many years.

[mich]

Well with the news that Ferarri is going to accept Bitcoin for payments now there is 'bullish' news for Doge. Co founder Billy Markus says it will accept Doge for payments too because they already use Bitpay for payments.

https://u.today/dogecoin-founder-says-you-can-buy-ferrari-with-doge-now

[Blitzboy]

Snip

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.

Doge wasn't so popular before elon himself interfair about its matter. Doge pumped and gained public attention by pumping hardly, only for elon who was manipulated doge behind everyone. And due to his indulgence, people following doge and do investing which is high risk activity cause memecoin still has no purpose. It is elon who keep doing same thing again to let doge pump. Some may take advantage from it, but this is high risky step to go forward doge

Elon Musk influenced not just Dogecoin but also the mindset of his followers and supporters. Indeed, we can't deny the fact that Dogecoin gives a huge profit to its investors during the hype but also, many people got in the wrong timing and lost their money. But despite that situation, many supporters remain and keep following EM which is why, until now Dogecoin is still famous and kept that name. Now, many people looking for meme coins and other hype as they think that this will be their chance to earn more from not holding and waiting for many years.

Musk has a huge impact on the crypto market, especially Dogecoin. When one tweet can shake a business, i's scary and shows how vulnerable meme coin ecosystems are. Some made big money with Dogecoin during its heyday. Many stories of loss and financial catastrophe accompany every success story. Dogecoin and money arent everything; its about influential personalities and their hazardous influence.

Searching for the next meme coin "big thing" is worrying. Dogecoin's promise of rapid rewards has blinded many to the risks. Jumping into volatile markets without understanding the mechanics is disastrous. Musk made Dogecoin famous, but investors must scrutinize their investments. A one-time tweet or meme isnt sustainable.

[atamism]

It's just a meme coin. I know a person, very close to me and I warned her not to buy this coin, I think she spent 5,000 or 10,000 pesos, and a bad thing happened, her money disappeared in thin air. I already know that this coin will not be good and it is made for fun.

[KingsDen]

Well with the news that Ferarri is going to accept Bitcoin for payments now there is 'bullish' news for Doge. Co founder Billy Markus says it will accept Doge for payments too because they already use Bitpay for payments.

https://u.today/dogecoin-founder-says-you-can-buy-ferrari-with-doge-now

If I should ask, do you think that the reason for the rising of the bitcoin price is because of the Ferrari adoption of the coin for payment? I have been going through the specification board to know the reason for the rise in bitcoin price and I couldn't see any. I am surprised to see one in the Altcoins board.

Then, when this happened was Elon musk and the Tesla car who accepted bitcoin and also doge coins in Tesla. I could remember that it improved the price then. Could it be what is happening again?

[rojan]

Dogecoin has been a meme Coin that changes the game back during the last Bull Run market it surprised many people in the cryptocurrency industries market and that shows that anything can happen for a long time investment holding and DOGE Coin and Shiba Inu make early investors Rich.

I don't know exactly how safe it is to invest in DOGE Coin. But I had some investments in DOGE Coin and decided to sell them now. I will sell DOGE Coin and invest in Bitcoin. I love investing in Bitcoin more than I do in Bitcoin.  Will invest. I know DOGE Coin may do something good one day but I can't wait until then.