Is DaddyDoge (DD) Worth Investing In? Let's Debate its Potential to Reach $1.00

[farnhamit]

Hey Bitcointalk community,

I recently jumped into the DaddyDoge (DD) token with a purchase of 1.5 million tokens, but I find myself contemplating whether it's worth further investment. The community buzz around DD is exciting, but I'm unsure about its long-term potential.

One question that keeps lingering in my mind is: Can DaddyDoge realistically reach $1.00 given its total supply of 10,000,000,000 tokens?

On one hand, some argue that the massive supply makes it challenging for DD to achieve such a high price. They point to the basic economics of supply and demand, suggesting that the abundance of tokens could hinder significant price growth.

However, others argue that the unique features and strong community support behind DaddyDoge could propel its value to new heights. They highlight the growing interest in meme coins, the tokenomics of DD, and the potential for widespread adoption as key factors that could drive up its price.

As an investor who wants to make informed decisions, I'm eager to hear your thoughts and engage in this debate. Do you believe DaddyDoge has the potential to hit $1.00? Or do you think the supply dynamics will prevent such a milestone? Share your insights, predictions, and analyses below.

Let's delve into this discussion and explore the possibilities together. After all, the future of DaddyDoge could depend on our collective understanding and vision for its growth.

www.daddydogecoin.com site looks okay and they also only accept metamask i think, i could not get my trust wallet to work.

Looking forward to hearing from you all.

[Mehedi72]

OP i didn't know about this altcoin but I'm addressing with it for the first time. Meanwhile i have checkef this altcoin. It was created in 2021, maybe another shitcoin that was launch in bull session for making money from people. 2 years ago it pumped a lot but now it dumped more than imagination. If this altcoin was good, then this altcoin should already pump and already developed but there's no such thing here. I don't know how could you expect $1.00 price of each altcoin when it has billions of supply as you told already. Such meme coins are super risky. Why don't you choice top memecoin like doge, shiba?

[big kid]

Even Doge couldn't hit $1, and I don't think that it will ever reach this level. Why would some copy of it get there?

[Bitcoin_Arena]

Not a chance. Maybe you just do it for fun but don't expect to become super rich out of such coins with no proper use cases. Such tokens usually ride on the hype and once it dies down, that's the end of the coins too. I don't think there will be very huge hype for meme coins like it was back then when Dogecoin pumped due to Elon Musk's tweets.
To make matters worse, there is another daddydoge (https://daddydoge.finance) already listed on CMC. What exactly is different between the 2 daddydoges?

[husencoe]

I don't think DaddyDoge will achieve that. I saw on Coinmarketcap it looks like it's just a shitcoin that is imposible to go up. This token came in June 2021, and has never shown a good curve. It looks like this token is only being pumped temporarily to fill the developer's pockets. If these tokens have a chance to rise, perhaps they have shown price improvement.

It seems that the developer also no longer cares about this project. I see their social media is suspended (https://twitter.com/daddydogetoken). They also created a new website and new social media, but there were no significant updates either (https://twitter.com/Daddy_doge_coin). I think this is just a token that has been abandoned.

My advice, don't invest in any tokens, because it is very risky. Better to do it on a good coin. Do your research before jumping into this world. Coinmarketcap is the best tool for doing monitoring.

[Knight Hider]

If you create enough topics about it, maybe it will happen

[farnhamit]

Hey i do hold doge and shiba too

This is not the one from 2021, this was created this month https://bscscan.com/token/0x91f05ed260d399d2b7cf63a0acada854c9ea514d

also its not very big yet but they are pushing promos this week and someone has told me its likely to x1000 when goes onto exchanges.

OP i didn't know about this altcoin but I'm addressing with it for the first time. Meanwhile i have checkef this altcoin. It was created in 2021, maybe another shitcoin that was launch in bull session for making money from people. 2 years ago it pumped a lot but now it dumped more than imagination. If this altcoin was good, then this altcoin should already pump and already developed but there's no such thing here. I don't know how could you expect $1.00 price of each altcoin when it has billions of supply as you told already. Such meme coins are super risky. Why don't you choice top memecoin like doge, shiba?

[farnhamit]

That was a different token i think, as this was launched this month in feb. https://bscscan.com/token/0x91f05ed260d399d2b7cf63a0acada854c9ea514d

You can not buy on exchanges yet it is only online as a prelaunch at their website www.daddydogecoin.com i am guessing its different anyway.

I don't think DaddyDoge will achieve that. I saw on Coinmarketcap it looks like it's just a shitcoin that is imposible to go up. This token came in June 2021, and has never shown a good curve. It looks like this token is only being pumped temporarily to fill the developer's pockets. If these tokens have a chance to rise, perhaps they have shown price improvement.

It seems that the developer also no longer cares about this project. I see their social media is suspended (https://twitter.com/daddydogetoken). They also created a new website and new social media, but there were no significant updates either (https://twitter.com/Daddy_doge_coin). I think this is just a token that has been abandoned.

My advice, don't invest in any tokens, because it is very risky. Better to do it on a good coin. Do your research before jumping into this world. Coinmarketcap is the best tool for doing monitoring.

[Husires]

In such investments, do not focus on the investment reaching one dollar, especially with the large offer, as Doge did not reach one dollar, and it is impossible for DaddyDoge (DD) to reach that price, so make the investment short-term and focus on making profits from the change in price by a certain percentage.

[Yogee]

No need to delve into this as it's clearly a gamble and you know it. Is it worth the risk? Only time will tell you that but do not be optimistic that it will reach $1 even at the peak of the bullrun. It's not something I would personally keep for long-term since the likelihood of it becoming worthless is higher.

[wheelz1200]

There is shilling your bags and then there is next level shilling lol.  There is zero possible chance this coin could ever even sniff a $1 if the supply is similar to doge.  This is exactly why doge will never see a spike like it did before, because now everyone is diversifying into these completely rediculous clones hoping to hit it big.

[Saisher]

Right now they don't have a whitepaper even though they are doing crowdfunding already, they should have created one first before investors invested on this memecoin, the whitepaper is the parameters and the roadmap of the project, but since they don't have one yet its not worth investing in this token, its just another meme token whose admins wants to make money from the memecoin hype.
Investing in this memecoin is a gamble and I doubt if this will reach $1 given that they have a huge supply and the direction and usability of the project is vague.

[bolshojkush]

To be honest, I'm tired of seeing ads for unknown tokens through the placement of topics about new cryptocurrencies. It's just ridiculous and unrealistic to reach a price of $1. The trading volume on the only pancakeswap exchange is $ 146.61, draw your own conclusions. For example, the Fantom blockchain reached a price of $ 3, and now it is trading at 0.43, so why should memcoin reach a price of $ 1?

[passwordnow]

We have Doge, babydoge, daddydoge, soon there will be mommydoge, sisterdoge, brotherdoge, uncledoge and so on. Come on. All of these have been the meme coins of the century and you think that they're going to reach $1? I don't know a lot with this meme coin but most of them have unlimited supply. I don't want to dig deeper and spend time researching on it if that's the actual supply cap or limit of it but I doubt it because most of them got gazillions of it.

As an investor who wants to make informed decisions

You have been informed about how meme coins work and how's the supply goes on. If you're an informed investor then you know where this is going. Many of the investors that have into meme coins have been profitable and I hope that you go into that path as well but just as for me, I don't think that there's still a lot of things that shall go on with these meme coins especially with these doge babies and daddy's that are just following the herd with what have been on the trend. The developers of it are just trying to milk out with the kind of investors like you or maybe you are the developer of it? However, I still wish that you make profit out of this investment of yours.

[JeffBrad12]

too many doge based coin created everyday i will be surprised if it somehow 100 million market cap, lets be real here, the current fully diluted market cap of $43 billion is just an illusion because the trading volume is so small its just 2,5 million and thats because of shill soon it will went down added with the fact that circulating supply is not even properly disclosed.
its not gonna be reaching anything near $0.0001 let alone $1 its just wishful thinking you might say im a fudster but im speaking from my experience.
good meme coin that usually rise high are those that instantly get listed anywhere.

If you create enough topics about it, maybe it will happen

LOL

[JariKriting]

the coin is a follower coin especially if its name is equated with an existing coin, the coin price or coinmarketcap will not be greater than the predecessor coin in this case dogecoin. the price will certainly not exceed the price of dogecoin. and the daddy doge market is new only on pancakeswap and maybe you yourself are the developer or owner of daddy doge or part of the daddy doge marketing team. and what you posted is also not the official daddy doge website https://coinmarketcap.com/currencies/daddy-doge/#About

[Silberman]

Hey i do hold doge and shiba too

This is not the one from 2021, this was created this month https://bscscan.com/token/0x91f05ed260d399d2b7cf63a0acada854c9ea514d

also its not very big yet but they are pushing promos this week and someone has told me its likely to x1000 when goes onto exchanges.

I see, well you cannot expect the forum members to know more about this coin than your small community when the coin has not even been launched yet, but for a price of one dollar for each coin to be reached then its market cap will need to reach 10 billions, which will put it as the 15 biggest coin in the entire market, and that kind of growth is not really realistic, even when the bull market is coming and the value of bitcoin is going up each day.

[Text]

Meme coins, especially those with a substantial token supply are very risky, I don’t see long-term success due to their unclear development status.

You should thoroughly research the tokenomics, the team behind a token, their goals, and the overall project roadmap before making investment decisions, especially for new ones.

[crwth]

When I read your post, it sounds like just another meme coin that claims it can reach a certain price and has features that will attract investors. However, in reality, it is unlikely to hit $1. Consider the original meme coin, DOGE, which still hasn't reached $1, and I believe it will continue to be higher than DaddyDoge in the coming years.

If you are considering investing in DD, do so only with money you can afford to lose.

[Adreman23]

Often with meme coins, they only generate hype when they are newly released and have not experienced any hype yet. However, if this meme coin has already experienced a pump before and you decide to invest after the hype has died down, it will be difficult for it to return to its all time high price. This is because most of the community members who profited from it will be looking for a new meme coin to invest in. Additionally, since this meme coin has been around for a while, its circulating supply will have increased, resulting in less demand because of the abundance of supply, making it harder for its price to rise again. Achieving the target of $1 per token seems highly unlikely given its maximum supply of 10 billion tokens.