Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
The rise of Doge coin is as a result of Elon musk hype and that doesn't determine it's future. Thought it's a meme coin and has lasted for decades and has been a good altcoin to some people. Infact it has been the first meme coin for which has proven to other meme coin that it can stand for long term without fading like it's fellow. So Doge coin future can be brighter if influencer like Elon musk can hype it further. 
Topic: Dogecoin (DOGE) - page 8. (Read 2305 times)
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
Is this even supposed to have a question mark? How can a meme coin be a sign of the future of cryptocurrencies? There are better coins wiith better use case that sells the idea that cryptocurrencies is the future, but definitely not Dogecoin. In fact, Dogecoin and the other meme coins honestly make peephole even skeptic because they see a cryptocurrency that is backed by hype and they wonder how on earth it is even possible for this to be used for transactions, etc. Meme coins are mostly perceived as investment (high risk).
Cryptocurrencies have a bright future with many thinking about their future and trading in crypto currencies. I would never associate meme coin with crypto current. 1000 times better crypto currency than meme coin. Doge coin is far ahead of meme coin. So if you want you can buy Doge coin from meme coin.
It's just a fleeting phenomenon that could fade from public view over time. Doge Coin has experienced an increase, which does not indicate an increase in crypto currency, but is a normal thing that always happens when market value movements are driven by positive reviews on social media, giving rise to the memecoin trend continuing
With Doge coin, there is a concern among all the investors that this coin may boom again. As it happened in 2021. Doge Coin still leads the market by volume. Since Elon Musk is involved with it, everyone is excited about it. However, form 2021, this coin has not increased, instead it has been in the same position for a long time. It can give good results to its investors if they invest for long term. Again many assume that since it is a meme coin, not much good can be expected from it. As meme coin it is in top position, we can expect good things if we can invest small amount and hold it for long term.
Dogecoin is still a very popular meme coin. And this is not only because it is the favorite coin of Elon Musk.
There is people that is still sending alot of Doge. Since just November the daily address count went up by 87%. And the transaction number was almost 553k which is the highest since April 2021.
https://coincodex.com/crypto/dogecoin/
There is people that is still sending alot of Doge. Since just November the daily address count went up by 87%. And the transaction number was almost 553k which is the highest since April 2021.
https://coincodex.com/crypto/dogecoin/
For now Dogecoin has no strength to carry the whole cryptocurrency to rise. Even to rise itself is a thug of war and it wants to carry another cryptocurrencies along. It is not possible for now. One of the comments I made on Dogecoin was, he has not even hit one dollar, so for now let leave that prediction of Dogecoin to rise to the top. But by the way, it will rise up in the future if it is still active in the blockchain for years to come.
And one of the good thing about Dogecoin is that it has been listed in most of the exchanges and that means there is big hope in the future.
And one of the good thing about Dogecoin is that it has been listed in most of the exchanges and that means there is big hope in the future.
With all due respect, not because is a meme coin, Is it bad? Do you think that Dogecoin has not helped anyone in giving profit to those who believe in it or even to the crypto community we live in?
Aren't there other cryptocurrencies that are not meme coins but have also given risk to others that are worse than what we think of a meme coin? In fact, we can even see Dogecoin on the majority exchange, which is at the top of the market. So, that means that Dogecoin is also okay, not only because it has been in the field like this for a long time.
Cryptocurrencies exists in the market, it's our own decisions to selects the basic coin to invest on and probably do thorough research concerning the projects because we ought to always avoid scams in every activity we engage in. Dogecoin had helped many investors reap significant profits from the market, that was it's moment of trends. Dogecoin was once classified as memecoin because it was counting zeros upfront, that period Elon Musk promoted the project with just his tweets on Twitter and everyone was alert whenever he's dropping some piece of information on his page. Vm Aren't there other cryptocurrencies that are not meme coins but have also given risk to others that are worse than what we think of a meme coin? In fact, we can even see Dogecoin on the majority exchange, which is at the top of the market. So, that means that Dogecoin is also okay, not only because it has been in the field like this for a long time.
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
Because of what Elon Musk is doing with it and you think it is the coin to first be considered? Bitcoin is the coin to be considered. Doge is just a meme coin (coin of no reason than to speculate its prices), although while many other coins have no utilities even as they are not meme coins. DOGE is a memecoin. Not a bad one but still. Do you really think it can be the cause for the bright crypto future?
Doge has nothing to do with crypto bright future. Let us expect more manipulation from Elon Musk though.Yes, indeed. They say that DOGE brought a lot of people to crypto. But a lot of them saw how it went from $0.7 to $0.1 and lower and abandoned crypto for good. It's definitely not the coin to consider it as some kind of messiah.
Dogecoin had been subjected to pump and dump. I do not think that there is much difference in the future, although I admit that Dogecoin is the one that brings me to know Bitcoin but as I observe Dogecoin market, there's nothing changes, it is still a subject to pump and dump, now it is for us to take advantage of the pump and dump event that always happen on Dogecoin but be reminded that it is very risky if we try to ride on these schemes.
Yeah, some of us could have heard about Dogecoin before Bitcoin just like you. But in the end, we should know that Dogecoin is just a meme coin. So throughout it's existence, it has been subject to pump and dump and later on, with the way Elon Musk promote it, we thought that it will challenge bitcoin to be one of the biggest crypto out there and could remove the stigma of being a meme coin. However, it didn't last, obviously Musk has used it to most likely get enrich himself and now it is relegated to it's category as just a meme coin and has been copied by a lot like Shiba and others.
With all due respect, not because is a meme coin, Is it bad? Do you think that Dogecoin has not helped anyone in giving profit to those who believe in it or even to the crypto community we live in?
Aren't there other cryptocurrencies that are not meme coins but have also given risk to others that are worse than what we think of a meme coin? In fact, we can even see Dogecoin on the majority exchange, which is at the top of the market. So, that means that Dogecoin is also okay, not only because it has been in the field like this for a long time.
To answer this question I think we allow time to tell because it only needs some more to and they we can tell what the future of doged will look like, but as it has to do with crypto currency as a whole, it does has a future.
Doge is a meme coin which can't be compared to other stable coins but it doesn't mean it's not profitable as when investing in other stable coins, I remember few years back when I bought dodge and months later when I went to check how much profit I have made on it, it was a good one so I don't totally write off these meme coins you can aswell invest in them but the as you wish you could make a long term or short term.
That was a meme coin but you can see that how it gains when Elon just started to manipulate the Doge coin. This meme coin was at $0.002 and now you can see it trading at $0.072. Doge is a meme coin which can't be compared to other stable coins but it doesn't mean it's not profitable as when investing in other stable coins, I remember few years back when I bought dodge and months later when I went to check how much profit I have made on it, it was a good one so I don't totally write off these meme coins you can aswell invest in them but the as you wish you could make a long term or short term.
This is the crypto currency world and anything can happen here here a shit coin can be pumped by whales and top coins can scam anytime. Any Exchange can be bankrupted.
To answer this question I think we allow time to tell because it only needs some more to and they we can tell what the future of doged will look like, but as it has to do with crypto currency as a whole, it does has a future.
Doge is a meme coin which can't be compared to other stable coins but it doesn't mean it's not profitable as when investing in other stable coins, I remember few years back when I bought dodge and months later when I went to check how much profit I have made on it, it was a good one so I don't totally write off these meme coins you can aswell invest in them but the as you wish you could make a long term or short term.
Doge is a meme coin which can't be compared to other stable coins but it doesn't mean it's not profitable as when investing in other stable coins, I remember few years back when I bought dodge and months later when I went to check how much profit I have made on it, it was a good one so I don't totally write off these meme coins you can aswell invest in them but the as you wish you could make a long term or short term.
Doge coin has no surety because it is a meme coin which not always gives profit to its holders. May be this meme coin gives its holders a maximum profit during halving but now we cannot imagine about the increasing price of doge coin. In previous years people who have holder meme coins find it beneficial but now a days some meme coins goes to the value of zero therefore we cannot trust them easily.
There are both the chances with meme coins sometimes it goes up but sometimes the situations become opposite. I think there will be no effect of doge up and down on crypto market because only bitcoin put effects on crypto industry as every other coin is related with the bitcoin in up and down direction.
There are both the chances with meme coins sometimes it goes up but sometimes the situations become opposite. I think there will be no effect of doge up and down on crypto market because only bitcoin put effects on crypto industry as every other coin is related with the bitcoin in up and down direction.
If history is going to be the same than we will have a good November. Dogecoin is already up more then 8% just in the last 7 days.
And I think it will continue to show 'bullish' signals. The month of November can give us hodlers some big profits.
https://u.today/dogecoin-doge-historic-pattern-spells-good-omen-for-november
And I think it will continue to show 'bullish' signals. The month of November can give us hodlers some big profits.
https://u.today/dogecoin-doge-historic-pattern-spells-good-omen-for-november
This token has already shown that it depends on one person, and I would not trust such memtokens, it is better to pay attention to the TFS token, in this case there is a much better chance to make money
Based on my close observation on the price action of Doge on daily timeframe on several occasions the price of DOGE ranges the only period it pumps is whenever Elon Musk made a statement thereafter the price pumps after sometime it reverses back definitely it price action is synonymous with that of memecoin, though with some basic skills and knowledge in trading any investor who possess those skills can make some decent profits by a way of buying Doge coin at a lower price and hodl for a period of a positive fundamental news possibly from Elon Musk which will definitely pump it price then sell at high repeat the same process again. 
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
Doge has been on the move lately, with the revelation of a dormant whale wallet containing 5.4 million Dogecoins that had been inactive for almost a decade. This event triggered a flurry of speculation and interest, demonstrating the coin's long lasting appeal and the crypto market's sensitivity to such unusual events, making it time for Doge to take off.
Doge's price dynamics are often driven by such news, and Doge's trajectory is subject to a complex interplay of factors such as market sentiment, technological developments and the actions of key stakeholders, including the vigilant whale. Doge's rise or fall is therefore irrelevant to the future of other cryptocurrencies, and Doge must overcome challenges such as market volatility and the ever-present possibility of large scale sell offs following prolonged periods of accumulation. It is not easy for a speculative cryptocurrency to influence the market.
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
It's a pump toy that would take have been anything until elon started pumping it. It's an older coin but by designhas an endless trail of 10k block rewards that get minted every minute....forever. it's not sustainable and meme coins will eventually die out just like every other fad that comes into crypto.
Thanks to Dogecoin, there are a lot of meme coins that has been born and it won't be noticed because of Elon Musk. That's why all of the meme coins right now have been managed and taken from Dogecoin as the father of all of meme.
And the interest started from Elon Musk when he has shilled Dogecoin and Shiba Inu but then, people have thought that there's always the craze from them and it seems to be not stopping.
We will have the sight of it whenever the next bull run comes and if it's going to be great as what it's going to be.
And the interest started from Elon Musk when he has shilled Dogecoin and Shiba Inu but then, people have thought that there's always the craze from them and it seems to be not stopping.
We will have the sight of it whenever the next bull run comes and if it's going to be great as what it's going to be.
Dogecoin is currently not proving its value in this market. It's only being pumped up by Musk, his influence is too significant, and we can't take any more risks with Dogecoin
I haven't seen Doge's foundational or because I don't know about it yet. But what is clear is that without Elon Musk, the price of Doge would not have pumped at that time and would not have been as big as it is now. Indeed, Doge is now synonymous with Elon.But if you can follow the moment, there is no problem buying doge, but you have to keep abreast of developments. If one's mentality in trading is correct, it seems that anyone who wants to promote or pump an asset can still choose wisely according to their needs and targets.
Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?
Imagine this, where is Dogecoin place if Elon Musk did not hype it, it will remain an unpopular meme coin we all come to love in the past before the hype people are praising Dogecoin and its community for staying put over the years when it's just a clone of Bitcoin with a very huge supply until one day a powerful and richest man on Earth decides to hype and the rest is history, majority of investors are profit driven where the money is this is where investors will lean towards as long as Elon supports Doge it will remain on top, but it will never topple Bitcoin.
Well there was rumors that Elon Musk wanted to make his own crpyto coin. This was going to be bad for coins like Bitcoin and Doge.
But now he has said it will not happen. I think this is 'bullish' news for Doge hodlers. It is his favorite coin so I think we will some time see Doge on twitter.
https://zycrypto.com/none-of-my-companies-will-ever-create-a-crypto-token-asserts-elon-musk/
But now he has said it will not happen. I think this is 'bullish' news for Doge hodlers. It is his favorite coin so I think we will some time see Doge on twitter.
https://zycrypto.com/none-of-my-companies-will-ever-create-a-crypto-token-asserts-elon-musk/
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