Dogecoin (DOGE)

[mich]

I think this is a interesting story about Doge. A Hollywood director named Carl Erik Rinsch got $55 Million from Netflix to make a show and decided to invest in Dogecoin instead.
He used $4 Million to invest in Dogecoin and made 575% in profits. He liquidated $27 Million form Kraken in 2021.
https://dailyhodl.com/2023/11/25/hollywood-director-booked-575-profit-on-dogecoin-bet-funded-with-diverted-netflix-budget-report/

[Justin999]

Crypto world doesn't follow doge coin but the bitcoin which is the main driver and dominator of this crypto field. And doge is a memecoin, so it can pump or dump anything without any indication, no matter if it's the session of bear or bull. Mainly after doge coin promoted by elon musk, doge have gotten extra advantage and able to gather investors which help it to archive higher milestone with incredible price but still it is one of the top coin even still a memecoin

[Rasa nanas]

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.

Everyone knows that Doge is supported by an influential person named Elon Musk, but the question is do you want to invest in an altcoin that can be controlled by just one person? Have you ever thought if one day Elon goes bankrupt or withdraws his support for Doge? You definitely already know what will happen to Doge. Yes, maybe this is the biggest risk when investing in Doge.

[Bushdark]

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?

Elon Musk had been the one that had been promoting the Doge coin to the piece it is today. We need to start making our decisions and stop relenting on influencers on what coin we should buy. Doge is still going to do well in the market after a while so we don't deceive ourselves on what bad influencera keep talking about doge. Every coin is down now and we are all waiting for the bull to commence before we start seeing prices of cryptocurrency tokens going bullish with enormous momentum.

[mich]

Well they are getting ready to launch Dogecoin to the moon. A Satellite called DOGE-1 now has the approval of the National Telecommunications and Information Administration (NTIA) to launch through Space X.
That plan was announced by Elon Musk 2 years ago. And I do think it will get alot of public attention and will be good for Dogecoin hodlers. The approval did already give Doge a 5.58% increase to $0.08257.
https://thecryptobasic.com/2023/11/29/dogecoin-spacex-doge-1-mission-bags-crucial-approval-in-readiness-for-launch/

[Nazmul012]

Memecoins always introduced as useless altcoins with no real perpose or useage, only created for fun & disappeared after short time period. But some memecoin change this definition, doge is among such memecoin. It was available for some cent but elon totally change the roadmap & it is one from top ten most trusted altcoins with largest market capitalization, nowadays many websites taking payment with cryptocurrency where doge is also acceptable and many development is seen. Maybe it could a an valuable asset in future, although I won't wonder if it downfall like others memecoin.

[Gladitorcomeback]

Memecoins always introduced as useless altcoins with no real perpose or useage, only created for fun & disappeared after short time period. But some memecoin change this definition, doge is among such memecoin. It was available for some cent but elon totally change the roadmap & it is one from top ten most trusted altcoins with largest market capitalization, nowadays many websites taking payment with cryptocurrency where doge is also acceptable and many development is seen. Maybe it could a an valuable asset in future, although I won't wonder if it downfall like others memecoin.

In the future Elon can bring more opportunities for doge holder. He can anytime announce Doge accepting in Spacex and also something special 10% discount if payment through doge. Others big companies will also follow him , same as btc are now acceptable in many places. Doge can revolutionize the crypto market in the long term and holding some percentage in the portfolio is worthy.

I agree with your memes coins definition, having no roadmap, no usecase and doge was also among these coins. Indeed all meme coins launched cause is doge. when doge unexpectedly start pumping then some master mind takes benefits of it and then we have seen a series of meme coins in which some successfully adopted by community while some projects didn't got attention and failed.

[Tigerheart3026]

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.

true, doge is very old player on the market so it's definitely long historical coin still survives with top position in coinmarketcap and coingecko.
i was an investor in doge coin long time ago when it was not hype coin for elon musk tweet, now i did not see it's growth without promoting elon musk.

[glendall]

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.

true, doge is very old player on the market so it's definitely long historical coin still survives with top position in coinmarketcap and coingecko.
i was an investor in doge coin long time ago when it was not hype coin for elon musk tweet, now i did not see it's growth without promoting elon musk.

But at least Doge is still worth keeping until you wait for Fomo to return to get profits again. Just be patient. Fomo will return. (entertain yourself , not sell during the doge pump)

[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.

true, doge is very old player on the market so it's definitely long historical coin still survives with top position in coinmarketcap and coingecko.
i was an investor in doge coin long time ago when it was not hype coin for elon musk tweet, now i did not see it's growth without promoting elon musk.

I had exactly the same story, I collected them just as a hobby and long before the big hype with Elon Musk and promises to launch a satellite into space. Now there is practically no dog left in my portfolio, maybe 20-30 bucks worth and no more. I'm glad that this meme coin lasted so many years, I think it will be relevant for a long time.

[Zigabel]

Dodge coin is a meme coin that has over the years appeared profitable and have appreciated above their lunch price well enough. It could be considered very suitable enough for a long term investment and looks promising enough to still be seen for a while, because definitely nothing last forever but in the mean time bwe could work with what bis available.

[God bless u]

Dodge coin is a meme coin that has over the years appeared profitable and have appreciated above their lunch price well enough. It could be considered very suitable enough for a long term investment and looks promising enough to still be seen for a while, because definitely nothing last forever but in the mean time bwe could work with what bis available.

You have misspelled doge coin.. It is doge coin , not Dodge. I don't understand what you want to want to say. Only one thing that I understand that you want to say that doge coin is best for long term because it pumped many times from the initial price.

According to sofi learn the starting price was zero but later it attracted users and in the first two week price pumped 1000% from $0.0002 to $0.0023. The price is gradually increased every year specifically when Elon musk stand behind it. now Its trading close to 0.1$ and who know the future, maybe trade above 1$.

[nutildah]

Truth be told, I made more money from Dogecoin than any other cryptocurrency, including Bitcoin. But this wasn't necessarily because I invested in big quantities of it before the Elon phenomenon. It was because of stuff I built on it back in 2014 which is worth money now. But I know none of you here care, you are here to shitpost your way into ecstasy. So let me not keep you here any longer with my boring tales of what it means to actually build something using crypto.

Dodge coin is a meme coin that has over the years appeared profitable and have appreciated above their lunch price well enough. It could be considered very suitable enough for a long term investment and looks promising enough to still be seen for a while, because definitely nothing last forever but in the mean time bwe could work with what bis available.

LOL. One of the worst posts I've ever seen. What do you reckon the "lunch price" of "Dodge coin" was? If you can answer correctly, I'll forgive you.

You have misspelled doge coin.. It is doge coin , not Dodge.

Its actually Dogecoin... no space between "doge" and "coin".

[strunberg]

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

I'm sure of the second answer. What can we expect from meme coins? They only rely on the community which makes no sense to call it an investment asset. I really lost money on the SHIBA and DOGE projects and honestly it was my fault. But can anyone explain what's so good about a meme project?

[AnonBitCoiner]

Doge coin is one of the Meme coins which proves that Meme coins can also be profitable if hold for long time. Previously doge coin was very low in price so people often think that its price is so lower so how it can give benefit to its holders but now its price touch the value 0.097 so may be it goes up in coming Bull run because halving alters the price of every coin.

People are afraid of Meme coins but they should also know that many people have earned good amount of profit through these Meme coins. There is a hope that doge coin will soon show greater achievement so keep holding it because not every Meme coin is useless and untrustworthy. The highest worth of doge coin is because of the announcement so perhaps there occurs another announcement which will cause further increase in its worth therefore there is a hope that price will increase more in future.

[Yogee]

[.....]But can anyone explain what's so good about a meme project?

We can see that they do not really go out of trend so it's good if you're looking to gamble for massive gains. Doge started it then Shiba Inu came out few years ago and now you have the like of Bonk. Some of these newer meme tokens may add some additional use cases and earning features like staking but the end goal for most buyers is just to take profit then leave. At least Doge has its own chain and has been supported by several platforms.

[Bushdark]

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

I'm sure of the second answer. What can we expect from meme coins? They only rely on the community which makes no sense to call it an investment asset. I really lost money on the SHIBA and DOGE projects and honestly it was my fault. But can anyone explain what's so good about a meme project?

The way you are disregardiny meme coins is not good. There are so many meme coins that can give you so much profits in the market than you waiting for the reliable ones in the market. Cryptocurrency is all about taking risks and if you know how to take the risk and put it in a way that would yield profits then that's good. We can make huge profits from meme projects it we know how to go about it.
There are so many things we need to put in consideration for us to start earning.

[soramon]

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

In my personal opinion, Doge is still memecoin and just hype is not suitable for the long term. The future of cryptocurrencies is still held by Bitcoin in the long term because Bitcoin will attract people to invest in cryptocurrency.

[wajik-tempe]

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

I'm sure of the second answer. What can we expect from meme coins? They only rely on the community which makes no sense to call it an investment asset. I really lost money on the SHIBA and DOGE projects and honestly it was my fault. But can anyone explain what's so good about a meme project?

The way you are disregardiny meme coins is not good. There are so many meme coins that can give you so much profits in the market than you waiting for the reliable ones in the market. Cryptocurrency is all about taking risks and if you know how to take the risk and put it in a way that would yield profits then that's good. We can make huge profits from meme projects it we know how to go about it.
There are so many things we need to put in consideration for us to start earning.

Meme currencies like DOGE have undeniably altered traditional concepts of cryptocurrency trading, bringing an element of unpredictability that astute investors may utilize for rewards. The inherent volatility and speculative character of meme coins, on the other hand, call for prudence. While there is the potential for huge earnings, it is critical to balance risk and return. In this volatile environment, distinguishing between transitory online memes and long-term enterprises is critical.  The future of cryptocurrencies is dependent on a sophisticated grasp of both established assets and emergent meme ventures.

[mich]

Some 'bullish' news for Doge hodlers. MyDoge Wallet's CTO Alex Lewis says he thinks ELon Musk will allow for Dogecoin payments and tips on twitter.
It is the favorite coin of Elon Musk. And now that he has all these money trader licenses I think it is only a matter of when this does happen.
https://www.nasdaq.com/articles/elon-musks-x-could-allow-dogecoin-payments-and-tips-says-mydoge-wallets-cto:-i-honestly