Dogecoin (DOGE)

[naikturun]

it's just a temporary phenomenon.
In my opinion, the Doge will increase later if Elon does something about it, for example something more than just talking about it on Twitter.
carrying out transactions in his company using doge as an extreme example.

[Luffygroove]

As far as I know, the Doge coin price is always related to Elon Musk, and this time is no exception. According to some news (click this  link), the price of Doge Coin is rising because X (former Twitter) announced X Payment, which is assumed to make Doge Coin one of the payment tools. Like usual, people hype this, and as the "father" of Doge Coin, Elon Musk successfully "dragged up" the price of Doge Coin.

[Nrcewker]

it's just a temporary phenomenon.
In my opinion, the Doge will increase later if Elon does something about it, for example something more than just talking about it on Twitter.
carrying out transactions in his company using doge as an extreme example.

Definitely if it’s backed up by some big personalities like Elon musk did it previously, then only it can do any miracle otherwise it will be just like any other coin. I would say Doge is the official tool for elon musk to make tons of profit. He used the coin and make tons of profits. So i think it’s not the best coin if you want to invest and thinking to make profits from it. XRP and LTC are better than Doge according to me.

[bolshojkush]

As time has shown, Dogecoin is a fairly popular cryptocurrency, even if we consider, for example, 2018. I actually recently found a long-forgotten Dogecoin wallet on my computer and was very glad, because then they cost nothing and got to me for free, but now I can sell for $ 300))

[snowpega]

If DOGE reflects the future of cryptocurrencies, cryptocurrencies have no future.....

Haha, Dear, you nailed it, I don't know why people keep thinking that these kinds of shit/meme coins can positively change the crypto space... I have read a lot of threads in the altcoin section where people are asking if they are holding that specific meme coin will it return high/maximum profit to them? well, I would say there is a very rare chance that memecoin will return investors a maximum/high amount of profit. The main reason behind that meme/shit coins have a very big market cap with a vast amount of token circulation which makes it nearly impossible to make desired profit investors want.

[EarnOnVictor]

I’m still expecting DOGE to come back strong. It always has a massive rally when Bitcoin is in a bull run. We may have to wait a year or so but the old DOGE is going nowhere. It will be back with another period of euphoria in thd not too distant future.

DOGE will make strong comeback is giving me so much hope. Usually, when Bitcoin rises up, DOGE tends to exhibit a great surge. Although it may take about year, I think it will not die easily. In the nearby future, another thrill new period could occur related to this. As such, patience might pay off and we could witness DOGE will give new strength some excitement in the crypto world again.

I could see how you guys are praising and having so much hope on Dogecoin, I only hope this coin will not prove you wrong and disappoint you. What I envisaged about Dogecoin is now different, especially as how it behaved during the last mini-bull run had dropped a hint which you guys might not be paying attention to. It disappointed the buyers including myself, but thankfully, I only bought a small amount of it. Fine, it is the first meme coin, and so what? Times have changed and the crypto world is revolving as other better coins/tokens that people prefer to lodge their money into are now available.

This is practical in the last mini-bull run as people show clearly that they are unwilling to deal with Dogecoin but a few. This will continue as people will have a large number of good coins/tokens to spread their money into even as better projects that will shift attention from Dogecoin are already present as we can see now. The next big event that could ever help Dogecoin is Elon Musk, or another "money bag" picking interest in the coin. Other than that, I do not see a very promising future for the coin, it might have served its time.

[Lamkuthang]

In fact, if we look at everything the same in terms of price, whether we want to buy DOGE or not, if BTC goes up, everything else will definitely go up too. It's just that Doge may have other big plans for development so that DOge will be a target that is currently expected to be able to make good returns in the future if you start buying from now. If Elon tweets again, the price will definitely increase again.. .

[cryptoWODL]

If Elon tweets again, the price will definitely increase again.. .

It may not be possible anymore.

But after Elon Musk tweeted about this coin, the price of this coin increased significantly even as the number of investors on this coin increased significantly. I was one of those investors and also invested in this coin.

In fact, if we look at everything the same in terms of price, if BTC goes up, everything else will definitely go up too.

There are many who start investing in different coins based on price. You said when bitcoin price goes up everything goes up it's true that when bitcoin price goes up the prices of various alt coins also go up in the crypto currency market. Bitcoin price crossed $41,000 in 2 to 1 day from $39,000 and now many alt coins including BNB, Ethereum and Sol have increased in price. However, when the price of Bitcoin fell to $39,000, the price of these coins was low, but now the price of these coins is increasing due to the increase in the price of Bitcoin.

[BD Technical]

The price of Dogecoin is neither rising nor falling.  But this seems to me to be a good quality token that can improve the future of our crypto for a long time.  And besides, the value of crypto will increase even more.  And its price is expected to increase in the future.  But I think that if the price of Bitcoin goes up, the price of Etero will go up even more and the market will be active again.  Now, except for some new trust tokens, the rest are not suitable for long-term holding, but if you want to buy this Doge coin among the full tokens, you can expect to get some profit in the future.

[Taskford]

If DOGE reflects the future of cryptocurrencies, cryptocurrencies have no future.....

Haha, Dear, you nailed it, I don't know why people keep thinking that these kinds of shit/meme coins can positively change the crypto space... I have read a lot of threads in the altcoin section where people are asking if they are holding that specific meme coin will it return high/maximum profit to them? well, I would say there is a very rare chance that memecoin will return investors a maximum/high amount of profit. The main reason behind that meme/shit coins have a very big market cap with a vast amount of token circulation which makes it nearly impossible to make desired profit investors want.

They only come with the hype happened before and now they think to see more from it. But they didn't even realize that Doge pump happened is due to hype created by a influential people who show fake support on this coin. Now they need to know that its so hard for this coin to pump the same again since there's a lot of people lose their trust and they have done enough seeing those people got broke when huge price decline happened for this coin.

If they really think that Doge is the future then I would really agree to those people telling that crypto has no future since for sure government or legal entities will find this irrelevant coin to regulate since this is the nest of scammers and for sure they don't want to get involve or try people to lure into those coins its because they allow them to take a risk on those type of coins.

Memecoin might have big marketcap but investors need to know that it doesn't tell anything and it could possibly collapsed once the devs create those meme tokens run away and take the money of their traders.

[2Pizza410000BTC]

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

Dogecoin isn't being talked about much anymore. At one time Dogecoin was a meme coin but due to the efforts of Elon Musk Dogecoin was pumped to a high of $0.78. Currently this Dogecoin is standing at $0.796 but it cannot be said for sure whether the price will increase in the future. However, although many people have made many predictions about this Dogecoin, I am not making any predictions about this Dogecoin.

[Essential10]

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

Dogecoin isn't being talked about much anymore. At one time Dogecoin was a meme coin but due to the efforts of Elon Musk Dogecoin was pumped to a high of $0.78. Currently this Dogecoin is standing at $0.796 but it cannot be said for sure whether the price will increase in the future. However, although many people have made many predictions about this Dogecoin, I am not making any predictions about this Dogecoin.

Although Dogecoin was launched ten years ago, it is still alive in the market. Doge reached its ATH of $0.74 two years ago due to celebrity hype. But in just two years the current ATH price has gone down as much as 88 percent, dogecoin market price $0.08 today. It is only my guess that many memecoins or altcoins including Doge Coin will increase in value in the upcoming bullrun after Bitcoin Halving this year. Maybe events like Halving will pump it up a bit but I don't think he will reach his previous ATH.

[Tipstar]

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

Dogecoin is not decisive factor for the future of cryptocurrencies. They were on a down phase as their tokenomics and tech was becoming old and absolute but the strange support from one of the most influential businessman Elon Musk, it saw unprecedented rejuvenation. He twitted multiple times about Dogecoin and for a brief period, changed the logo of the than twitter bird to the dogecoin mascot.
Rise of a single altcoin can't be the cause of movement of all the market as they individually have a lower market cap and some of them are rising and falling due to the coin specific news and events everyday. Bitcoin having a more than half of the total crypto valuation is still the force that moves the market.

[2Pizza410000BTC]

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

Dogecoin isn't being talked about much anymore. At one time Dogecoin was a meme coin but due to the efforts of Elon Musk Dogecoin was pumped to a high of $0.78. Currently this Dogecoin is standing at $0.796 but it cannot be said for sure whether the price will increase in the future. However, although many people have made many predictions about this Dogecoin, I am not making any predictions about this Dogecoin.

Although Dogecoin was launched ten years ago, it is still alive in the market. Doge reached its ATH of $0.74 two years ago due to celebrity hype. But in just two years the current ATH price has gone down as much as 88 percent, dogecoin market price $0.08 today. It is only my guess that many memecoins or altcoins including Doge Coin will increase in value in the upcoming bullrun after Bitcoin Halving this year. Maybe events like Halving will pump it up a bit but I don't think he will reach his previous ATH.

If there is no good news about Dogecoin and Elon Musk doesn't try then Dogecoin is unlikely to grow. We saw that Dogecoin was the meme coin that Elon Musk effort once improved to the highest price but now the price is dumping so much that those who invested at the highest price may not be able to recover at the previous price. So if there is no good news in the market right now then I don't see a very good future for this coin if the bull season also starts in the market. But many people have good predictions about this Dogecoin, I think it's a personal matter.

[mich]

Well Elon Musks new AI called Grok is very 'bullish' on Dogecoin for this year. The price of a coin now is 8 cents and Grok is saying this price can reach 10 to 15 cents.

Grok also says most optimistic price this year will be 34 cents. If there is regulatory problems then it says price can fall down to 5 cents. But I do not think that will happen.

https://finbold.com/grok-ai-predicts-doge-price-for-the-end-of-2024/

[wheelz1200]

Well Elon Musks new AI called Grok is very 'bullish' on Dogecoin for this year. The price of a coin now is 8 cents and Grok is saying this price can reach 10 to 15 cents.

Grok also says most optimistic price this year will be 34 cents. If there is regulatory problems then it says price can fall down to 5 cents. But I do not think that will happen.

https://finbold.com/grok-ai-predicts-doge-price-for-the-end-of-2024/

What people don't realize is that pricing altcoins in usd is almost impossible because the underlying driver is bitcoins price.  If bitcoin stays here around 40k then so will everything else.  Amd if bitcoin goes to 100-200k then everything else will rise too.  Not because it's successful but because most altcoin pairs are against bitcoin.

[mich]

Well now there is reports for why the price of Doge coin did rise. Now we know X will have a payment feature on the blockchain some time this year.

https://u.today/elon-musk-fuels-dogecoin-speculation-with-recent-move

[GoldMagic]

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

Indeed, most people recognize DOGE coin as a profitable coin and know many other coins.
and investors recognize DOGE coins as the future of cryptocurrency.
but in my opinion in the world of coins this method can be called internet meme numbering which is usually only a flash to increase prices and only a flash in the market price drop.

[NotHatinJustTrollin]

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

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[niall51]

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

I think that could be the future for crypto, especially since there are rumors that Elon Musk will introduce a payment feature on X and I think Doge is one of the crypto payment features on the world and doge can return to their golden days, that's my personal view