Doginme on Coinbase - thoughts?

[JamesDaniel90]

Just come across this after seeing it as one of the best performers over last 24 hours with a +24% increase.

Thinking of having a small gamble on it as it is only a $48m market cap coin and as its on Coinbase has plenty of exposure , it is very cheap I so feel the newbies will be drawn to it and all of its supply is circulating so shouldn’t take too much to pump this.

Anyone else in it or even heard of it?   Even if it just does a 10x return would still only give it a $480m market cap which is nothing for a meme coin on one of the top exchanges

https://coinmarketcap.com/currencies/doginme/

[Cointxz]

Just come across this after seeing it as one of the best performers over last 24 hours with a +24% increase.

Thinking of having a small gamble on it as it is only a $48m market cap coin and as its on Coinbase has plenty of exposure , it is very cheap I so feel the newbies will be drawn to it and all of its supply is circulating so shouldn’t take too much to pump this.

Anyone else in it or even heard of it?   Even if it just does a 10x return would still only give it a $480m market cap which is nothing for a meme coin on one of the top exchanges

https://coinmarketcap.com/currencies/doginme/

I’m not into meme coin investments however I do see the potential profit on this meme coin since it’s still not listed yet on big exchange such as Binance, Kucoin, Bybit and Okx.

I’m sure this meme coin will be listed on other big exchange soon since meme coin with strong community becomes the favorite token to be list on big exchanges.

I will not invest to this but this is good meme coin investment for those trader that buying meme coin and know the risk involved.

[JamesDaniel90]

Just come across this after seeing it as one of the best performers over last 24 hours with a +24% increase.

Thinking of having a small gamble on it as it is only a $48m market cap coin and as its on Coinbase has plenty of exposure , it is very cheap I so feel the newbies will be drawn to it and all of its supply is circulating so shouldn’t take too much to pump this.

Anyone else in it or even heard of it?   Even if it just does a 10x return would still only give it a $480m market cap which is nothing for a meme coin on one of the top exchanges

https://coinmarketcap.com/currencies/doginme/

I’m not into meme coin investments however I do see the potential profit on this meme coin since it’s still not listed yet on big exchange such as Binance, Kucoin, Bybit and Okx.

I’m sure this meme coin will be listed on other big exchange soon since meme coin with strong community becomes the favorite token to be list on big exchanges.

I will not invest to this but this is good meme coin investment for those trader that buying meme coin and know the risk involved.

Yeah I am watching it for now , I feel it’s still a good time to buy but hoping to get in lower around $40m market cap , it’s currently at $45m.

[nelson4lov]

I didn't know about it until you brought it to my attention. But now it's on my radar, I will have a look at it. My plan is simple. If I think we'll have some matter downturn that would see Bitcoin lose $100K support, I won't indulge to buy it. I like the fact that its marketcap isn't that large and there's plenty of room for growth. However, even at that, I'm quite careful with how I invest in altcoins this year after being heavily burnt between January to March when Trump trade wars fears were in full effect.

[JamesDaniel90]

I didn't know about it until you brought it to my attention. But now it's on my radar, I will have a look at it. My plan is simple. If I think we'll have some matter downturn that would see Bitcoin lose $100K support, I won't indulge to buy it. I like the fact that its marketcap isn't that large and there's plenty of room for growth. However, even at that, I'm quite careful with how I invest in altcoins this year after being heavily burnt between January to March when Trump trade wars fears were in full effect.

Yeah I am going to keep it on my watchlist for now and see how the next day or two goes.

Surely we are due a run up soon for altcoins and I think it will come soon but maybe not for another week or so.

[Lanatsa]

Just come across this after seeing it as one of the best performers over last 24 hours with a +24% increase.

Thinking of having a small gamble on it as it is only a $48m market cap coin and as its on Coinbase has plenty of exposure , it is very cheap I so feel the newbies will be drawn to it and all of its supply is circulating so shouldn’t take too much to pump this.

Anyone else in it or even heard of it?   Even if it just does a 10x return would still only give it a $480m market cap which is nothing for a meme coin on one of the top exchanges

https://coinmarketcap.com/currencies/doginme/

If we do tend to look at the stats of DOGINME

Popularity
#568

Volume (24H)
$6.44M

Volume (7D)
$63.43M

Volume (30D)
$281.56M

All time high
$0.0017

Source: https://www.coinbase.com/price/doginme

Would you really believe that Coinbase will be letting it slip through? Checking out that 24h Volume then imagine on how much they would be able to make it with that.
Coinbase is considered to be the end game for most solid projects out there but its no surprise that they are that now often that listing up meme coins. Same goes on what happened on Binance
on which before they arent that listing up that much meme coin but it is that totally different nowadays on which it turned out to be opposite. Just like on what we know that this is how business works
on which there would be that sudden changes or behavior on which as long they can make huge money then this what matter the most.

[JamesDaniel90]

Thanks to all this FUD with the Israel/Iran war Altcoins are tanking and this Altcoin is now only a $27m market cap, easy 10x now for anyone buying once altseason comes later this year.

I still haven’t bought any as think we will likely go lower over the next few days, if it goes down to $20m that’s when I plan to buy.

Meme coins pump real fast when they are on coinbase so think this has a good chance of doing so once the war settles down and the good feeling comes back to the markets

[mich]

Well it does have marketcap right now of $30.2 Million so it is down alot. I did not know of this coin but I will not invest in a token only because it is on Coinbase exchange. Coinbase will list so many coins that even can become a 'rug pull' if marketcap is big enough for them.
I did look at it and for me it is just a meme token like alot of them. There is no use case for it and I do not think you will make alot of profit if you invest in it.

[JamesDaniel90]

Well it does have marketcap right now of $30.2 Million so it is down alot. I did not know of this coin but I will not invest in a token only because it is on Coinbase exchange. Coinbase will list so many coins that even can become a 'rug pull' if marketcap is big enough for them.
I did look at it and for me it is just a meme token like alot of them. There is no use case for it and I do not think you will make alot of profit if you invest in it.

To make big money you have to take risk, 10x from current price only gives it a $300m market cap that is nothing these days.

Look at the history, it went from $11m market cap to $107m in just 9 days back in March. Thats almost a 10x , you don’t get that type of return only being safe investing in the top cryptos that already have massive market caps.

[nemesis_incarnate]

Well it does have marketcap right now of $30.2 Million so it is down alot. I did not know of this coin but I will not invest in a token only because it is on Coinbase exchange. Coinbase will list so many coins that even can become a 'rug pull' if marketcap is big enough for them.
I did look at it and for me it is just a meme token like alot of them. There is no use case for it and I do not think you will make alot of profit if you invest in it.

I too don't see anything else unique about it, other than cool design of the mascot itself.

Other than that - risks, risks, and again - potential in those risks.

Hopefully, OP you will get a good chunk for yourself out of it.

[btc_angela]

Just come across this after seeing it as one of the best performers over last 24 hours with a +24% increase.

Thinking of having a small gamble on it as it is only a $48m market cap coin and as its on Coinbase has plenty of exposure , it is very cheap I so feel the newbies will be drawn to it and all of its supply is circulating so shouldn’t take too much to pump this.

Anyone else in it or even heard of it?   Even if it just does a 10x return would still only give it a $480m market cap which is nothing for a meme coin on one of the top exchanges

https://coinmarketcap.com/currencies/doginme/

I haven't heard about it, but it's a good increase in the last 24 hours, although I don't think that it's going to be sustainable in the long run.

As we all know that meme coins have this kind of trajectory, once it's get listed, then it will go very high and after that, it will crash. So I guess it's better if we have like this or exposed this meme coin before the actual listing and maybe there could be some of us here that might go and try their luck.

In any case, I will pass on it as I might be too late and if ever I enter I might get trapped inside.

[nemesis_incarnate]

I haven't heard about it, but it's a good increase in the last 24 hours, although I don't think that it's going to be sustainable in the long run.

As we all know that meme coins have this kind of trajectory, once it's get listed, then it will go very high and after that, it will crash. So I guess it's better if we have like this or exposed this meme coin before the actual listing and maybe there could be some of us here that might go and try their luck.

In any case, I will pass on it as I might be too late and if ever I enter I might get trapped inside.

Memes are usually just that: for better or worse, they are the places where liquidity goes in and out so fast we usually cannot fix our profits in time

[JamesDaniel90]

Damn I think I waited too long with this one and got too greedy wanting it to go down to $25m market cap before buying. It got down to $27m market cap 24 hours ago but now up 20% since then and markets look to be recovering somewhat.

I still feel it’s a great price to buy right now for the long term but I’m not buying now that it’s pumped 20% in less than a day. If we get more bad news with the war and the markets crash again then I will buy then if it falls back below $30m market cap.

[mich]

Well it does have marketcap right now of $30.2 Million so it is down alot. I did not know of this coin but I will not invest in a token only because it is on Coinbase exchange. Coinbase will list so many coins that even can become a 'rug pull' if marketcap is big enough for them.
I did look at it and for me it is just a meme token like alot of them. There is no use case for it and I do not think you will make alot of profit if you invest in it.

I too don't see anything else unique about it, other than cool design of the mascot itself.

Other than that - risks, risks, and again - potential in those risks.

Hopefully, OP you will get a good chunk for yourself out of it.

Well yes you are right about that. And there is alot of the meme coins that does have a design to make the investors spend their fiat on it.
But we can not invest in a meme coin just because it does have a design we like. There is so many meme coins we can not know which of them will make us profit and then which will just become a 'rug pull'.

[gunhell16]

Just come across this after seeing it as one of the best performers over last 24 hours with a +24% increase.

Thinking of having a small gamble on it as it is only a $48m market cap coin and as its on Coinbase has plenty of exposure , it is very cheap I so feel the newbies will be drawn to it and all of its supply is circulating so shouldn’t take too much to pump this.

Anyone else in it or even heard of it?   Even if it just does a 10x return would still only give it a $480m market cap which is nothing for a meme coin on one of the top exchanges

https://coinmarketcap.com/currencies/doginme/

According to what I saw on coinmarketcap, there are only 3 exchanges that I noticed had a large volume and the first ones are coinbase, aerodrome slipstream and Bitmart, then the daily volume is around 5m$ on all these exchanges I think.

Maybe I can buy it for a small amount then hold it for the long-term and let's see what's gonna happen when the price of bitcoin rallies, because it looks like it's just a pump
and dump from what I can see.

[tygeade]

Damn I think I waited too long with this one and got too greedy wanting it to go down to $25m market cap before buying. It got down to $27m market cap 24 hours ago but now up 20% since then and markets look to be recovering somewhat.

I still feel it’s a great price to buy right now for the long term but I’m not buying now that it’s pumped 20% in less than a day. If we get more bad news with the war and the markets crash again then I will buy then if it falls back below $30m market cap.

For brand new meme coins like that, it is only okay. And if you are planning for a long-term holding, then there are better cryptos to consider than it. Meme coins like Doginme can crash on their own but for the most part, it is not a normal crash anymore but it can be a sign on an exit, especially if there is some pump that already occurred before. Even though a war seems like a bad news, crypto markets can react positively from them sometimes but it can be because people are securing their wealth here, as they think it will be affected negatively by the war. Of course the cryptos that they usually consider are the well-established ones like Bitcoin and Ethereum for example.

[BenCodie]

Just like any memecoin, the price will tank when the community runs out of ideas to hype and attract new people, or it will create an everlasting community and ecosystem. One in millions/tens of millions build everlasting communities and ecosystems, will doginme do the same? That's the big question, my guess is that the answer is unlikely...and while memecoins are volatile, so far that's true based on market cap at time of OP posting ($45m~) to current ($33m~)

[JamesDaniel90]

Just like any memecoin, the price will tank when the community runs out of ideas to hype and attract new people, or it will create an everlasting community and ecosystem. One in millions/tens of millions build everlasting communities and ecosystems, will doginme do the same? That's the big question, my guess is that the answer is unlikely...and while memecoins are volatile, so far that's true based on market cap at time of OP posting ($45m~) to current ($33m~)

It is 33m market cap now, but will be 300m market cap or more when alt season comes later this year

[BenCodie]

Just like any memecoin, the price will tank when the community runs out of ideas to hype and attract new people, or it will create an everlasting community and ecosystem. One in millions/tens of millions build everlasting communities and ecosystems, will doginme do the same? That's the big question, my guess is that the answer is unlikely...and while memecoins are volatile, so far that's true based on market cap at time of OP posting ($45m~) to current ($33m~)

It is 33m market cap now, but will be 300m market cap or more when alt season comes later this year

While other altcoins have increased by 5, 10, 20%+ since this post, doginme has decreased. It is underperforming (as most memes will). Most memes give the prospect of 10x market cap during "altcoin season" or the next "memecoin season" however only a select few will benefit at that point, and most will have declined 90%+ by this stage, making even significant gains to be just recuperated losses at that stage.

You need to replace your "will" with "may", being convicted on memecoins is a strategy with <0.01% success rate (based on how many there are). Doesn't seem like a good risk vs. reward for a 10x. Good luck

[collecttmaster]

Just like any memecoin, the price will tank when the community runs out of ideas to hype and attract new people, or it will create an everlasting community and ecosystem. One in millions/tens of millions build everlasting communities and ecosystems, will doginme do the same? That's the big question, my guess is that the answer is unlikely...and while memecoins are volatile, so far that's true based on market cap at time of OP posting ($45m~) to current ($33m~)

It is 33m market cap now, but will be 300m market cap or more when alt season comes later this year

It is just one of many memes out there and as such its fate is already sealed. Even during an altcoin season it may get a temporary hype and high, but it won't last long and it will leave many people sour with massive losses.