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Topic: Dogecoin (DOGE) (Read 2304 times)

jr. member
Activity: 155
Merit: 4
April 19, 2024, 11:09:39 AM
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

The journey of DOGE from creation till now has strengthed the trust of crypto traders, from its use-case to the involvement of major players.

I believe it is here to stay and I am even participating in the DOGEDAY event to earn other cryptos like BGB, the fact that they are giving out another altcoin for participating in the event shows that they have a backing for it and it will solidify our trust in it.

DOGE coin is here to stay.

https://twitter.com/bitgetglobal/status/1781225833455403372
member
Activity: 433
Merit: 13
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April 14, 2024, 06:10:10 PM
When a billionaire like elon musk start take care of a altcoin, then that altcoin will be above the rules. We know that memecoins are hype, will vanished after some days but here doge coin fully change this thought. And showing that it has potentiality than others good coins. Cause elon can easily manipulate a coin whenever he wants. So doge coin could be an exception in meme category and so is for shiba inu. So don't be confused and don't start invest any memecoin with this hope that, it could be next doge or next shiba.
sr. member
Activity: 1400
Merit: 420
April 09, 2024, 11:08:58 PM
Well Doge is having a very good week for investors. They are making big profits because Doge is up more than 100% just in the last 7 days. Dogecoin futures did also make a new record. It did reach a historic open interest of $1 Billion
obviously a great move. Even If we check the statistics of dogecoin, it always keep increasing since years and still its growth records are going on as like others potential altcoin, although its a memecoin itself. And due to doge revolution, it inspires people to invest memecoin which isn't good thing in my opinion cause all memecoins aren't going to be next doge but scammers will take advantage of sure. Well it won't be a bad deal if some amount of doge can be purchased
Dogecoin is the first meme coin and it features a person like Elon Musk. And he also said that he has a lot of money invested here due to which many investors are interested in investing here. And that's why the price of Dogecoin has increased a lot despite the huge supply and Doge is in the 8th position in the ranking with a market cap of $27B. But I don't worry about my future with Doge and I haven't invested any of my money in Doge. stay truth
full member
Activity: 799
Merit: 100
April 09, 2024, 06:58:11 PM
Well Doge is having a very good week for investors. They are making big profits because Doge is up more than 100% just in the last 7 days. Dogecoin futures did also make a new record. It did reach a historic open interest of $1 Billion
obviously a great move. Even If we check the statistics of dogecoin, it always keep increasing since years and still its growth records are going on as like others potential altcoin, although its a memecoin itself. And due to doge revolution, it inspires people to invest memecoin which isn't good thing in my opinion cause all memecoins aren't going to be next doge but scammers will take advantage of sure. Well it won't be a bad deal if some amount of doge can be purchased
member
Activity: 210
Merit: 36
March 23, 2024, 03:58:23 PM
It is indeed meme coin but the best among all meme coins and you can be a long time hoarder by trusting dogecoin. Moreover, some of their services are managed where investors have a good opportunity to make profits.
As far as i know dogecoin was in a good position even before Elon musk came and now it has number one position in all meme coin. After all i am a very old dogecoin investor if I am not wrong.
Since I came across dogecoin it has been doing well in the market and I think it is one of the best memecoin you can find in the market and among the altcoins you can look up to. Dogecoin have been doing well, this is the kind of memecoin that is reliable for people to invest than going for meme coin that are not reliable that crash in the market at anytime.  When naming altcoins that are of good value dogecoin can also be considered .

Exactly dogecoin is indeed a meme coin but is the best among other memecoin, I have been holding dogecoin since last year, and I still want to hold it for Long term, I think dogecoin still have the potential to increase in the value, because as of last year dogecoin has no value but this year I begin to see some changes,well I will still continue to hold on to it and see how the future will look like.
legendary
Activity: 3752
Merit: 1415
March 23, 2024, 02:52:32 PM
It is indeed meme coin but the best among all meme coins and you can be a long time hoarder by trusting dogecoin. Moreover, some of their services are managed where investors have a good opportunity to make profits.
As far as i know dogecoin was in a good position even before Elon musk came and now it has number one position in all meme coin. After all i am a very old dogecoin investor if I am not wrong.
Since I came across dogecoin it has been doing well in the market and I think it is one of the best memecoin you can find in the market and among the altcoins you can look up to. Dogecoin have been doing well, this is the kind of memecoin that is reliable for people to invest than going for meme coin that are not reliable that crash in the market at anytime.  When naming altcoins that are of good value dogecoin can also be considered .

In the long term it probably be the only one that lasts in the end.  It has first mover advantage and 99.9% of the other memecoins are just empty projects, they are pointless.  They are created solely to male the creators more money and a small group of insiders.  People will lose millions even billions after this bullrun because they will be stuck holding a bag of useless coins.  They don't realize it yet but doge is probably the only way to long term hold a memecoin.
full member
Activity: 560
Merit: 161
March 23, 2024, 12:21:52 PM
It is indeed meme coin but the best among all meme coins and you can be a long time hoarder by trusting dogecoin. Moreover, some of their services are managed where investors have a good opportunity to make profits.
As far as i know dogecoin was in a good position even before Elon musk came and now it has number one position in all meme coin. After all i am a very old dogecoin investor if I am not wrong.
Since I came across dogecoin it has been doing well in the market and I think it is one of the best memecoin you can find in the market and among the altcoins you can look up to. Dogecoin have been doing well, this is the kind of memecoin that is reliable for people to invest than going for meme coin that are not reliable that crash in the market at anytime.  When naming altcoins that are of good value dogecoin can also be considered .
legendary
Activity: 3010
Merit: 8114
March 23, 2024, 08:36:49 AM
On the other hand, Dogecoin is inflationary and currently holds the title as the most important currency because those above it in market capitalization are either value reserves or will become so, or they aren't decentralized.

Since the rest of meme coins are neither inflationary nor decentralized but rather tokens, I don't see any currency currently that can compete with Dogecoin as the internet money. Expect it to be in X, and then the rest of internet companies will adopt it

All good reasons that make it a superior cryptocurrency... My only quip with it is 10k coins generated every single minute is a bit much. I would be OK with 5k. But it is what it it is, and its still my favorite crypto (probably).

Other coins I see suited as actual currencies include Litecoin, Monero, and occasionally Bitcoin Cash will work in a pinch, if you need to move funds off an exchange and don't want to pay an exorbitant fee. Admittedly I've also used XRP for that purpose, but I would never hold any as an investment.

member
Activity: 129
Merit: 10
March 23, 2024, 07:26:24 AM
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
It is not about the whole crypto mate because we know about Memecoins has no realm value but yeah a Meme .so many of old timer does not consider this as cryptocurrency but since doge had been serving the market for many years now so yeah lets see what is this faith but that does not stand to the faith of the whole market.
because there is a real use of crypto such as bitcoin compared to memecoins.

Bitcoin real use, haha, good joke.

Bitcoin is a useless currency with no real use, just like nobody uses gold coins anymore. In fact, it has officially become a value reserve based on global consensus to replace gold, and this reserve will end up in the hands of governments, corporations, and millionaires.

On the other hand, Dogecoin is inflationary and currently holds the title as the most important currency because those above it in market capitalization are either value reserves or will become so, or they aren't decentralized.

Since the rest of meme coins are neither inflationary nor decentralized but rather tokens, I don't see any currency currently that can compete with Dogecoin as the internet money. Expect it to be in X, and then the rest of internet companies will adopt it
sr. member
Activity: 490
Merit: 279
March 23, 2024, 01:25:54 AM
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
Dogecoin will grow more on the words of Elon Musk as we know how much impact Elons to memecoins , but Dogecoin being here for how many years now.
and you asked this last year maybe you understand now what would be the faith of DOGE , knowing tht it is clearly staying on its level most of the years.

I think he recently announced that Tesla can be bought using Dogecoin. Not sure how much Dogecoin a person will require to buy a Tesla car. That news might have resulted in another price push of the meme coin today as it is trading in green. You are correct he pumped the coin in 2021 and again he will be responsible for the new pump in price of the coin. Currently it is way below its ATH like other altcoins.
full member
Activity: 2548
Merit: 217
March 22, 2024, 11:11:25 PM
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
It is not about the whole crypto mate because we know about Memecoins has no realm value but yeah a Meme .so many of old timer does not consider this as cryptocurrency but since doge had been serving the market for many years now so yeah lets see what is this faith but that does not stand to the faith of the whole market.
because there is a real use of crypto such as bitcoin compared to memecoins.
sr. member
Activity: 2618
Merit: 439
March 22, 2024, 11:06:18 PM
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
Dogecoin will grow more on the words of Elon Musk as we know how much impact Elons to memecoins , but Dogecoin being here for how many years now.
and you asked this last year maybe you understand now what would be the faith of DOGE , knowing tht it is clearly staying on its level most of the years.
sr. member
Activity: 2366
Merit: 448
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March 22, 2024, 10:40:37 PM
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Many people laugh at Dogecoin because Doge is included in the memecoin category. but they forget that coining can make someone a millionaire in cryptocurrencies. and from the beginning, since I got to know Dogecoin until now, I still believe that Dogecoin will give me big profits in the future. and most importantly we must not miss every moment and condition of the bullish market. because Dogecoin will definitely follow a bullish trend from year to year.
In the long term, I think it is quite prospective, but not necessarily because no one knows what will happen in the future and anything can happen due to several factors that we don't know beforehand.
Doge coin has a very strong and large community and has been around for a long time which in my opinion has the potential to increase again, and this could happen as has happened before who doesn't think that doge coin will increase and that's because of Elon Musk and this is what I say because of several factors that we have never known before.
member
Activity: 462
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March 22, 2024, 10:29:44 PM
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Many people laugh at Dogecoin because Doge is included in the memecoin category. but they forget that coining can make someone a millionaire in cryptocurrencies. and from the beginning, since I got to know Dogecoin until now, I still believe that Dogecoin will give me big profits in the future. and most importantly we must not miss every moment and condition of the bullish market. because Dogecoin will definitely follow a bullish trend from year to year.
Coins rise in value when investment demand increases. DOGE coins fluctuate a lot over the course of a few months and the price is not stable. The price of any coin has three positions ups and downs. Profitability is more likely to be gained by buying on the downside to trade. As the market is nearing its peak investing now is risky.
full member
Activity: 1442
Merit: 108
March 22, 2024, 09:38:25 PM
Yes doge is part of the future of crypto because meme coins are currently an important part of crypto and doge is the most popular meme coin. plus support from the richest person namely Elon Musk will definitely have a positive impact on the future of crypto. Currently you can also see many meme coins that are hype and can provide big profits for many people.
legendary
Activity: 3752
Merit: 1415
March 22, 2024, 04:39:30 PM
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Many people laugh at Dogecoin because Doge is included in the memecoin category. but they forget that coining can make someone a millionaire in cryptocurrencies. and from the beginning, since I got to know Dogecoin until now, I still believe that Dogecoin will give me big profits in the future. and most importantly we must not miss every moment and condition of the bullish market. because Dogecoin will definitely follow a bullish trend from year to year.

Possibly it could.  Although I agree with you on the short term.  Long term holders are screwd.  There is no break in block rewards and its 10,000 new doge every minute...forever.  demand can't always outplay supply and with this forever emission eventually doge will hit a peak and be devalued from there.  It's like most alts, timing is key because they don't all.go.up forever.
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Activity: 569
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Goldeth.io
March 22, 2024, 04:37:09 PM
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

Many people laugh at Dogecoin because Doge is included in the memecoin category. but they forget that coining can make someone a millionaire in cryptocurrencies. and from the beginning, since I got to know Dogecoin until now, I still believe that Dogecoin will give me big profits in the future. and most importantly we must not miss every moment and condition of the bullish market. because Dogecoin will definitely follow a bullish trend from year to year.
full member
Activity: 462
Merit: 227
March 15, 2024, 11:09:24 AM
i think long term doge holder dreaming that elon musk implement doge coin as a payment method in his company, a few years ago we have seen spreading such rumor in the social media and doge hit new ath provably, so people still dreaming that but who knows it will be true or not in the future. doge is supported by elon so it always hype coin.

In the Recent news, Elon Musk has announced that he will start accepting Elon for his Tesla company which makes it Bullish in this Bull cycle. Although it is a fact Elon Musk always has been giving positive statements about the $DOGE coin as in my opinion he is a fan of this coin. For now, I am not investing in it because I want to see some more strong reason before investing in this coin well when I will come to know that the implementation of accepting payment method has been started by Tesla it may encourage me to invest in Doge Coin. Till then I am not investing in it.

On the other hand, there is one more news a i have read on the social media that Ferrari has been accepting Doge Coin as the Payment method which is also a bullish news but the thing is that this implementation has acted within the American territory but both news are bullish new on Doge Coin which may win the investors heart and we may see good amount of volume in the Doge Coin in the coming days. DYOR!
full member
Activity: 902
Merit: 112
March 15, 2024, 09:13:06 AM
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
i think long term doge holder dreaming that elon musk implement doge coin as a payment method in his company, a few years ago we have seen spreading such rumor in the social media and doge hit new ath provably, so people still dreaming that but who knows it will be true or not in the future. doge is supported by elon so it always hype coin.
legendary
Activity: 3122
Merit: 1032
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March 05, 2024, 02:18:54 AM
Well Doge is having a very good week for investors. They are making big profits because Doge is up more than 100% just in the last 7 days.
Bitcoin is up more than 18% in last week. If any hodlers did invest some of his bitcoin into doge then he got some very big profits just in past 7 days.
Dogecoin futures did also make a new record. It did reach a historic open interest of $1 Billion.
https://www.investorsobserver.com/news/qm-news/6956390881856252
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