Dogecoin (DOGE)

[odunybiz]

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

I know well that Dogecoin will still do well in the future. I'm really expecting something great in the next bullrun from this coin. No matter the dip, I'm still holding down the little I have.

Note: this isn't a financial advice. It's just my opinion against the coin. So follow your mind as well.

[samuraijin]

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

I know well that Dogecoin will still do well in the future. I'm really expecting something great in the next bullrun from this coin. No matter the dip, I'm still holding down the little I have.

Note: this isn't a financial advice. It's just my opinion against the coin. So follow your mind as well.

It will happen in the future that no one will know for sure about the Dogecoin bullrun, but there will be a moment where there will be an increase that will surprise people because Dogecoin always provides surprises for people out there, the price increase for Dogecoin in last year it was caused by Elon Musk's purchase which surprised everyone, making one Retweet on his social media Twitter, which made the price of Dogecoin soar in an instant, many made big profits and there were also those who were trapped in buying Dogecoin at that time, hopefully next year 2024/2025 Dogecoin increase repeats..

[Rampagoe004]

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.

But even so, I still think that investing in meme coins is a loss because you are really betting with your money. It's almost the same as gambling. You should be able to see and find the meme coins of the project while it is still in the pre-sale stage and then invest a few dollars there. You also have to know how to create a DEX exchange and of course you can't just rely on one project. If you are lucky, you can get returns of up to 100 times, but if you are unlucky, all your money will be lost.

[Ngemmeng]

I think this is only temporary, maybe the increase in doge is just because Elon did something about this meme coin. this has nothing to do with the future of crypto as doge is just a meme coin that has no utility. There are still many altcoins that are more worthy of being said to represent the future of crypto such as ETH and BNB or Bitcoin itself.

[MFahad]

I think this is only temporary, maybe the increase in doge is just because Elon did something about this meme coin. this has nothing to do with the future of crypto as doge is just a meme coin that has no utility. There are still many altcoins that are more worthy of being said to represent the future of crypto such as ETH and BNB or Bitcoin itself.

Haven't you see many online platform have an option of doge deposit which indicates that doge is not just performing because of only Elon. Elon musk is the back bone of the Doge and price will be affected when he stop supporting but I think the meme coins already become famous and the trend remains in the market. Doge is old coins and I believe that doge is the most worthy meme cons have a very low chances of dump.

[FP91G]

Markus, the co-creator of the popular meme cryptocurrency Dogecoin, has criticized SEC Chair Gensler's approach to dealing with the digital asset industry.
He was reacting to a recent video in which Gensler highlighted the widespread non-compliance and fraudulent activities within the sector.

Markus accused Gensler of being a figurehead who failed to take decisive action. "You've never laid out any actual rules, you just hand wave. You’re basically useless in every single way," he remarked.
https://www.benzinga.com/markets/cryptocurrency/23/12/36373624/dogecoin-co-founder-calls-sec-chair-gary-gensler-useless-in-every-single-way-never-laid-ou

[God bless u]

It will happen in the future that no one will know for sure about the Dogecoin bullrun, but there will be a moment where there will be an increase that will surprise people because Dogecoin always provides surprises for people out there, the price increase for Dogecoin in last year it was caused by Elon Musk's purchase which surprised everyone, making one Retweet on his social media Twitter, which made the price of Dogecoin soar in an instant, many made big profits and there were also those who were trapped in buying Dogecoin at that time, hopefully next year 2024/2025 Dogecoin increase repeats..

Agree with you as doge is going to be successful coin and this achievement put a positive effects on investor of cryptocurrency towards meme coins. Because of doge coins every other meme coins becomes trustable and now everyone is in desire to achieve the same success as given by doge to its holders.

I think doge will attained higher worth in the Bull season that is coming very soon and will show more success than any other meme coin. There is a reasons behind the success of dogecoin which is well defined by the the action of Elon musk so I think that Elon musk has the power to alter its price.

[Samlucky O]

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

I don't really think so. Doge coin only gain popularity after Elon musk twitted about it on twitter. It's growth is determined by influence of someone like Elon musk. Apart from that I don't think it can grow more than its formal ATM except otherwise.

[Sophokles]

It will happen in the future that no one will know for sure about the Dogecoin bullrun, but there will be a moment where there will be an increase that will surprise people because Dogecoin always provides surprises for people out there, the price increase for Dogecoin in last year it was caused by Elon Musk's purchase which surprised everyone, making one Retweet on his social media Twitter, which made the price of Dogecoin soar in an instant, many made big profits and there were also those who were trapped in buying Dogecoin at that time, hopefully next year 2024/2025 Dogecoin increase repeats..

Agree with you as doge is going to be successful coin and this achievement put a positive effects on investor of cryptocurrency towards meme coins. Because of doge coins every other meme coins becomes trustable and now everyone is in desire to achieve the same success as given by doge to its holders.

I think doge will attained higher worth in the Bull season that is coming very soon and will show more success than any other meme coin. There is a reasons behind the success of dogecoin which is well defined by the the action of Elon musk so I think that Elon musk has the power to alter its price.

How do you determine doges success? A meme project thats price is solely based on an influential person's images can not be called successful. There are no utilities for doge coin, which is still being traded by investors. Just think what will back up the downfall of doge if tomorrow elon make an announcement that he is no longer supporting doge. This will create a ripple effect to the entire meme coin industry and all the existing meme project will lose marketcap.

[wheelz1200]

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

In 2020/21 it was the start of this dumb memecoin movement.  Doge moving up or down doesn't mean anything to the future of crypto good or bad.  Memes are a fad that will slowly fade.  Most of them do not solve a single thing and are empty projects.  I'd steer clear as far away as possible and not be left holding the bag.

[Bushdark]

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.

This is one of the things many people need to understand about meme coins. I could remember then when the price of Shiba went bullish, many investors wa able to accumulate large holdings for a very long time. It got to a time when they have no options than to sell there holding because they can't keep waiting for the price to go up a little for them to make profits from the market. The market can swallow all our capital if we make the wrong decisions. Doge might go up very soon when the price of Bitcoin goes up.

[mich]

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

I don't really think so. Doge coin only gain popularity after Elon musk twitted about it on twitter. It's growth is determined by influence of someone like Elon musk. Apart from that I don't think it can grow more than its formal ATM except otherwise.

Yes I agree with you about this. It is Elon Musk favorite coin so we know he will use it for all those licenses he now has for transferring money.

All the rumors about twitter accepting Doge are becoming closer to happening. And we know if Elon Musk does like it then it will be good to still hodl this meme coin if we need to choose only 1.

[yohananaomi]

I think this is only temporary, maybe the increase in doge is just because Elon did something about this meme coin. this has nothing to do with the future of crypto as doge is just a meme coin that has no utility. There are still many altcoins that are more worthy of being said to represent the future of crypto such as ETH and BNB or Bitcoin itself.

If we look at the trend for meme coins, it is clear that many have doubts about their inherent capacity. More meme coins are detrimental for investors who really hold on to them. But for Doge, there is an exception because this is a coin that has been around for a long time and has been very tested to date, and it must be admitted that Elon Musk's role has really influenced Doge to be able to survive until now. But if you really want a short-term investment, I think it is very possible to do it with Doge, but I doubt it will be held for a long time because, as you also said, meme coins are very susceptible to changing quickly. For doge, there are exceptions, but remain alert to pay attention to their movements because something undesirable could happen.

But when compared with other altcoins, which are in the best position currently on CMC, it is clear that it is better to keep other altcoins compared to Doge. Obviously, it would be less worrying about significant changes occurring than holding doge. but everything is returned to us to be able to analyze it well before deciding.

[radjie]

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.

In the future, we won't know whether Dogecoin can experience an increase until it reaches a new history, therefore there is no harm if we invest in several Altcoins including Dogecoin and don't just rely on one type of investment (Bitcoin), so that later when the most popular coin experiences an increase we  can gain profits from several investments that we make in several Altcoins.

[Sophokles]

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.

In the future, we won't know whether Dogecoin can experience an increase until it reaches a new history, therefore there is no harm if we invest in several Altcoins including Dogecoin and don't just rely on one type of investment (Bitcoin), so that later when the most popular coin experiences an increase we  can gain profits from several investments that we make in several Altcoins.

Doge Coin is a meme project and the only reason there is still hype about it is elon musk. We should be careful when we are thinking about investing in a project that is getting all the interest from the industry only because one man is interested in it. What if elon says he is going to develop his own project or he will not longer supporting doge and its development? This market will react negatively. So the advisable option is to invest in a project that is fundamentally strong and has a real use case.

[mich]

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.

In the future, we won't know whether Dogecoin can experience an increase until it reaches a new history, therefore there is no harm if we invest in several Altcoins including Dogecoin and don't just rely on one type of investment (Bitcoin), so that later when the most popular coin experiences an increase we  can gain profits from several investments that we make in several Altcoins.

Doge Coin is a meme project and the only reason there is still hype about it is elon musk. We should be careful when we are thinking about investing in a project that is getting all the interest from the industry only because one man is interested in it. What if elon says he is going to develop his own project or he will not longer supporting doge and its development? This market will react negatively. So the advisable option is to invest in a project that is fundamentally strong and has a real use case.

Well I do agree with you there is hype because of Elon Musk. That is a big reason why we are still talking about this meme coin. But also we must remember it is the first meme coin that was created in 2013.

And first it was meant to be only a joke. But then when we can start to make money if we just hodl it this is why it is most popular meme coin. I do not think Elon Musk is going to develop his own project so I am not going to worry about this happening. 

[kizlod]

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.

In the future, we won't know whether Dogecoin can experience an increase until it reaches a new history, therefore there is no harm if we invest in several Altcoins including Dogecoin and don't just rely on one type of investment (Bitcoin), so that later when the most popular coin experiences an increase we  can gain profits from several investments that we make in several Altcoins.

Doge Coin is a meme project and the only reason there is still hype about it is elon musk. We should be careful when we are thinking about investing in a project that is getting all the interest from the industry only because one man is interested in it. What if elon says he is going to develop his own project or he will not longer supporting doge and its development? This market will react negatively. So the advisable option is to invest in a project that is fundamentally strong and has a real use case.

Well I do agree with you there is hype because of Elon Musk. That is a big reason why we are still talking about this meme coin. But also we must remember it is the first meme coin that was created in 2013.

And first it was meant to be only a joke. But then when we can start to make money if we just hodl it this is why it is most popular meme coin. I do not think Elon Musk is going to develop his own project so I am not going to worry about this happening. 

Elon even said at some point that he's not planning to make his own project. And DOGE was the only memecoins that was created as a pure joke, it feels like everything else was made just to make hype and grab money.

[snipie]

Elon even said at some point that he's not planning to make his own project. And DOGE was the only memecoins that was created as a pure joke, it feels like everything else was made just to make hype and grab money.

The Doge community is quite different than the other altcoins communities and definitely totally different from the shitcoins one where their pure objective is to grab money at any cost.
I only bought my first Doge after several years from being involved with Bitcoin and they were the first cryptocurrency to own by me at that time if I am not mistaken.
Elon Musk is not an easy to understand person. He might get along with something then reverse his decision fast. Better to let him far away from Doge.

[Rampagoe004]

Elon even said at some point that he's not planning to make his own project. And DOGE was the only memecoins that was created as a pure joke, it feels like everything else was made just to make hype and grab money.

Even DOGE's initial purpose was just a meme coin with no value. DOGE developers never thought anyone would be serious about doge. I think this is due to FOMO and the huge influence created by Elon that pushed the price of doge to the point where it became unreasonable. If you are someone who hits and runs then you can try to get into this doge. But if you want to invest then just let other people play here.

[bitgolden]

Doge Coin is a meme project and the only reason there is still hype about it is elon musk. We should be careful when we are thinking about investing in a project that is getting all the interest from the industry only because one man is interested in it. What if elon says he is going to develop his own project or he will not longer supporting doge and its development? This market will react negatively. So the advisable option is to invest in a project that is fundamentally strong and has a real use case.

Well I do agree with you there is hype because of Elon Musk. That is a big reason why we are still talking about this meme coin. But also we must remember it is the first meme coin that was created in 2013.

And first it was meant to be only a joke. But then when we can start to make money if we just hodl it this is why it is most popular meme coin. I do not think Elon Musk is going to develop his own project so I am not going to worry about this happening. 

Before Elon came in the scene, there is already hype that wraps around the coin DOGE. We should not forget that it was created because of that cute dog who went viral. And I've seen a lot of people who are using it as a currency back time. Elon is just an addition but maybe it's true that it boosted DOGE. The term joke coin is not literal because DOGE still has the characteristics of a real crypto. It has a supply, a display price, etc... .

There are so many ways to make money here in crypto or by using DOGE, not just via hodling. And it wasn't advisable in fact to HODL the coin because it's not just great to be used this way as BTC, ETH, and similar cryptos.