DogeCoin is not dead and it will not be dead any time soon. and the process will be slow and will probably take years. and in my opinion the only power DogeCoin has is its community which is bringing it a lot of support and that is the only reason that a coin that started as a joke could stay alive this long and have such a huge trade volume each day.
and also I believe that the only reason for the low price of Doge and the decreasing price over time is the huge amount of available supply and big block rewards that causes a lot of new coins to be daily dumped and this massive supply is always bigger than the demand Doge has even with this big community.
and also I believe that the only reason for the low price of Doge and the decreasing price over time is the huge amount of available supply and big block rewards that causes a lot of new coins to be daily dumped and this massive supply is always bigger than the demand Doge has even with this big community.
Maybe now is the time to gradually reduce the current supply to be able to keep the price up.
Yeah that maybe can help the price of doge to rise up but seriously todays doge price are currently stable and i didnt really here that doge doing some noise in cryptoworld these days are devs abandoned the doge coins? That coin really is unprofitable to trade and to stake thats why i already duml my hold doge last month since i cannot find it worthy to stake it nowadays let see maybe we can see some miracle for dogecoins to be happen.
