Dogecoin (DOGE)

[mich]

Dogecoin is still a very popular meme coin. And this is not only because it is the favorite coin of Elon Musk.

There is people that is still sending alot of Doge. Since just November the daily address count went up by 87%. And the transaction number was almost 553k which is the highest since April 2021.

https://coincodex.com/crypto/dogecoin/

[Dimitri94]

With Doge coin, there is a concern among all the investors that this coin may boom again. As it happened in 2021. Doge Coin still leads the market by volume. Since Elon Musk is involved with it, everyone is excited about it. However, form 2021, this coin has not increased, instead it has been in the same position for a long time. It can give good results to its investors if they invest for long term. Again many assume that since it is a meme coin, not much good can be expected from it. As meme coin it is in top position, we can expect good things if we can invest small amount and hold it for long term.

[bastian466]

It's just a fleeting phenomenon that could fade from public view over time. Doge Coin has experienced an increase, which does not indicate an increase in crypto currency, but is a normal thing that always happens when market value movements are driven by positive reviews on social media, giving rise to the memecoin trend continuing

[synchronym]

Cryptocurrencies have a bright future with many thinking about their future and trading in crypto currencies. I would never associate meme coin with crypto current. 1000 times better crypto currency than meme coin. Doge coin is far ahead of meme coin. So if you want you can buy Doge coin from meme coin.

[oktana]

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

Is this even supposed to have a question mark? How can a meme coin be a sign of the future of cryptocurrencies? There are better coins wiith better use case that sells the idea that cryptocurrencies is the future, but definitely not Dogecoin. In fact, Dogecoin and the other meme coins honestly make peephole even skeptic because they see a cryptocurrency that is backed by hype and they wonder how on earth it is even possible for this to be used for transactions, etc.  Meme coins are mostly perceived as investment (high risk).

[Samlucky O]

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

The rise of Doge coin is as a result of Elon musk hype and that doesn't determine it's future. Thought it's a meme coin and has lasted for decades and has been a good altcoin to some people. Infact it has been the first meme coin for which has proven to other meme coin that it can stand for long term without fading like it's fellow. So Doge coin future can be brighter if influencer like Elon musk can hype it further.

[nutildah]

how on earth it is even possible for this to be used for transactions, etc.  Meme coins are mostly perceived as investment (high risk).

I use Dogecoin for transactions just about every day. Its both cheap & fast, and you don't need to invest in it in order to use it as a currency.

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

The rise of Doge coin is as a result of Elon musk hype and that doesn't determine it's future. Thought it's a meme coin and has lasted for decades and has been a good altcoin to some people. Infact it has been the first meme coin for which has proven to other meme coin that it can stand for long term without fading like it's fellow. So Doge coin future can be brighter if influencer like Elon musk can hype it further.

You and the guy above you (I'd be surprised if you're not the same person) both responded to a quote from July... Are you really that out of ideas for shitposting?

You really think Dogecoin "has lasted for decades"? I'm curious: when do you think Dogecoin started? 1998?

[oktana]

how on earth it is even possible for this to be used for transactions, etc.  Meme coins are mostly perceived as investment (high risk).

I use Dogecoin for transactions just about every day. Its both cheap & fast, and you don't need to invest in it in order to use it as a currency.

First, I wasn’t directly talking about what I think though; I was referring to what people are definitely thinking. And honestly, if you come to think of it, if you mention DOGE, there’s already an ideology it creates about being a meme coin so even when it has these use cases you’ve mentioned (and even more), people still look at it with the ideology that it is a meme coin. The volatility is currently the most noticeable thing about it at this time.

[Velemir Sava]

It depends on whether the situation is progressing or not and if doge becomes one of the coins that is accepted, it is not only intended for trading, but if doge can later be used as an alternative means of payment in shops or large supermarkets and can be used easily without jams and smoothly, in my opinion that is The Future of Cryptocurrencies from coin memes.

[Yogee]

how on earth it is even possible for this to be used for transactions, etc.  Meme coins are mostly perceived as investment (high risk).

I use Dogecoin for transactions just about every day. Its both cheap & fast, and you don't need to invest in it in order to use it as a currency.

First, I wasn’t directly talking about what I think though; I was referring to what people are definitely thinking. And honestly, if you come to think of it, if you mention DOGE, there’s already an ideology it creates about being a meme coin so even when it has these use cases you’ve mentioned (and even more), people still look at it with the ideology that it is a meme coin. The volatility is currently the most noticeable thing about it at this time.

It is already past that stage of being just a meme coin. I bet it's mostly the newcomers that think lightly of Dogecoin. Volatility? That may be true for other meme coins and tokens but the price of Doge hasn't really move that much for the past year. The "Elon effect" doesn't hold the same weight to easily sway short-term traders anymore.

[God bless u]

It depends on whether the situation is progressing or not and if doge becomes one of the coins that is accepted, it is not only intended for trading, but if doge can later be used as an alternative means of payment in shops or large supermarkets and can be used easily without jams and smoothly, in my opinion that is The Future of Cryptocurrencies from coin memes.

In my opinion doge is now no more remain meme coin There was a time when people using doge for giving tips and no one thought that in the future doge will pump to this stage. Doge has now many supporters and I checked that some online shopping sites where crypto is acceptable there doge is also available. Elon Musk is working on crypto wallet and I think he will use doge as a main token and might be use doge as payment for twitter influencers.

[andyou1234]

DOGE is one of the historical meme coins in the world of cryptocurrency, where this coin was once a favorite of big investors because it can provide huge profits for its holders, because the price rose very significantly at that time, currently I personally still believe in DOGE, even though It not as popular as, but I'm very sure that when the bull run arrives, DOGE prices will soar again.

[electronicash]

Doge to the moon!
Doge is historical. ever heard of that netflix director who blew all the funds and then YOLO on doge?

here's his story where he invested all the money that's left which is $4M and after the bull run, he shorted and turned the $4M to $27M. that dogecoin millionaire is nothing compared to what this guy did.

https://twitter.com/TrungTPhan/status/1727460440874385881

[Romeotom]

This is pure meme coin but still now they have good position in crypto. But i couldn’t taking about bright future of dogecoin because i don't have wheels in the crypto market. Dogecoin old investors made huge profits when elon musk came in so it's hard to predict how far the hype will go in the future. But you can grab some dogecoin before the bull market comes if you want.

[Bushdark]

DOGE is one of the historical meme coins in the world of cryptocurrency, where this coin was once a favorite of big investors because it can provide huge profits for its holders, because the price rose very significantly at that time, currently I personally still believe in DOGE, even though It not as popular as, but I'm very sure that when the bull run arrives, DOGE prices will soar again.

Doge had been in the market for a very long time and looking at the bull market now, so many things is going to happen that will make some investors to ask questions about their mistakes of not investing in some old coins that had been in the market. The bull is going to be strong because I am looking at the price of Bitcoin to reach up to $100k or more which is going to make coin projects like doge and others to skyrocket to a price level that would be profitable to many of us that are holding it.

[Samurai trieng]

I think currently the best meme coin is DOGE because this coin has strong fundamentals in the crypto market, even though currently the price of DOGE is still very low, as time goes by Doge will continue to grow and will provide the best for its holders,

[speeder]

There's no denying that I made a lot of money from Dogecoin when it first hit the market. Dogecoin surprised the commercial cryptocurrency market from its inception. But now many people think investing in Dogecoin is a high risk move. Even in his estimation Dogecoin has no market potential. I still have some investments in Dogecoin, these coins I am not planning to sell at the moment. I believe Dogecoin coin can do good things one day. And I am optimistic that long-term investment will bring good things

[Essential10]

The decision to invest in DOGE coins is a personal choice. With the support of influential figures like Elon Musk and an active community, Dogecoin has seen significant growth and gained widespread acceptance as a means of payment. That doesn't mean their support has to translate into your support. You certainly have your own freedom and personal decisions. Although any cryptocurrency, including Dogecoin, is difficult to predict, its current success and development in its use cases indicate that it could become a valuable asset in the future. However, choose your coins and invest carefully and be prepared for price fluctuations.

[nimogsm]

This is pure meme coin but still now they have good position in crypto. But i couldn’t taking about bright future of dogecoin because i don't have wheels in the crypto market. Dogecoin old investors made huge profits when elon musk came in so it's hard to predict how far the hype will go in the future. But you can grab some dogecoin before the bull market comes if you want.

For me personally, this is the only meme coin that I respect. The coin has a very rich history and a huge fan base even before the hype with Musk. The problem is that the coin has become very dependent on hype; to raise the price, you only need tweets from Elon; other events somehow pass by.

[ichsan ardi]

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

the increase in doge is not the future of crypto because doge is just a memecoin and only a temporary trend. I think people will return to buying bitcoin when they have made a profit from doge
but we won't know the future of doge, it could be that doge could be the future of crypto in the future, what do you think?