It's just hard to take crypto seriously with Doge this high, beating out all the innovative coins. You guys may not think it, but a really bad message is being sent. Meme > Innovation.
Then we wonder why adoption rates are so slow and people are skeptical to move from fiat to crypto.
Then we wonder why adoption rates are so slow and people are skeptical to move from fiat to crypto.
Nay, sir: COMMUNITY > Innovation
Do you really think that this coin would have the community it has if it wasn't based on a dog meme.... I highly doubt it.
The only reason it got as popular as it did is because most people that are in crypto these days are gamers and internet dwellers.
And thanks to Doge, it will likely stay that way for a long time. As an adult non gamer, I can't really see crypto being taken seriously.
Total Market Cap: $ 10,989,096,340 - That's all coins, it's actually not a lot of money in the grand scheme of things.
Coca Cola has a market cap that is 17 times all cryptocurrencies combined. And that is just one company.
If we want crypto to go up in the long term, we need people to build communities around innovation, not around memes.
I'm praying for the day that people grow up and start helping to contribute to the grand scheme of things.
It's not a company though, it's a currency! Market cap is really only a good measure for companies.
If you want a fair example, compare the total amount of USD in the world and its value, compared to Doge, or Btc.
Your talking many trillions. Doge still has plenty of room to appreciate. To the Moon. Sky is the limit.
