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Topic: Is Dogecoin Dead ? (Read 1080 times)

newbie
Activity: 12
Merit: 1
February 16, 2023, 10:14:43 AM
Dogecoin is only dead if Doge community is dead (which likely won't ever happen).
legendary
Activity: 2086
Merit: 1566
February 16, 2023, 06:24:05 AM
New twitter CEO

https://twitter.com/elonmusk/status/1625695877326340102

It doesn't look like Dogecoin is dead. And Doge has been there since the beginning, listed on so many exchanges and so many use Doge... dead looks different. It currently looks like Elon Musk will have more time and let play with Doge for the upcoming Bullrun? Don't forget that he still had Doge1 planned, or the idea for it. When he really wants to be involved in the next Bullrun again, then SpaceX and Doge1 will be launched. I searched for some news or tweets on twitter, but i found nothing good. It may be too early for this, but he has shot a Tesla into space and Starman is there. You want to know where starman is, then look here:

Quote
But where is this vehicle?
The current location is 201,516,103 miles (324,308,832 km, 2.168 AU, 18.03 light minutes) from Earth, moving toward Earth at a speed of 9,454 mi/h (15,215 km/h, 4.23 km/s).

Source: https://www.whereisroadster.com/
legendary
Activity: 2800
Merit: 1243
Cashback 15%
February 05, 2023, 07:44:33 PM
This is a problem inherent to all meme coins and shitcoins in general, once there is a huge pump the lucky ones get huge profits and have no need to ever invest in the same coin, but for the rest they have no option but to wait for another pump to come.

But as soon as the price seems to be ready to pump there are several traders willing to capitulate and recover whatever they can, this reduces the chances of a new pump happening and while dogecoin has so far defied all our expectations this cannot last forever as the number of bag holders will be so big that sooner or later the demand will not be enough to produce another pump.

Although Meme coins have no viable use cases, its market cap is on the rise. Actually, a big part of crypto currencies are speculative assets that can't provide technical benefits, so I think that Meme coin will remain in the market as long as it's unregulated and developing market, and the biggest beneficiaries are the whales who pump and dump it.

I recently came across an article stating that the demand for Meme coins still on the rise:
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High

This simply states that Dogecoin is alive and kicking.  We really can't comprehend people's thoughts and ideas sometimes.  As we can see, meme coin has no real-life case use but it keeps on growing.  I think there is a powerful person behind Dogecoin that keep on pumping it.  Now the question will be, what will happen if the group behind the surge of Dogecoin pulled out its support and decided to cash out.  Do you think Dogecoin will survive the ideals? 
legendary
Activity: 3150
Merit: 1197
February 05, 2023, 07:34:34 PM
This is a problem inherent to all meme coins and shitcoins in general, once there is a huge pump the lucky ones get huge profits and have no need to ever invest in the same coin, but for the rest they have no option but to wait for another pump to come.

But as soon as the price seems to be ready to pump there are several traders willing to capitulate and recover whatever they can, this reduces the chances of a new pump happening and while dogecoin has so far defied all our expectations this cannot last forever as the number of bag holders will be so big that sooner or later the demand will not be enough to produce another pump.

Although Meme coins have no viable use cases, its market cap is on the rise. Actually, a big part of crypto currencies are speculative assets that can't provide technical benefits, so I think that Meme coin will remain in the market as long as it's unregulated and developing market, and the biggest beneficiaries are the whales who pump and dump it.

I recently came across an article stating that the demand for Meme coins still on the rise:
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
Agreed, what is being said is the real working of these memecoins. Though there are no real use case this is much preferred for technical benefits by the whales to profit. There were more discussion on the memecoins existence and getting out of usage at the shortest. Doge is not the kind and it survives and is predicted to be good in the long term. So, for everyone who think dogecoin dead is wrong.
hero member
Activity: 1358
Merit: 582
Leading Crypto Sports Betting & Casino Platform
February 05, 2023, 04:17:58 PM
This is a problem inherent to all meme coins and shitcoins in general, once there is a huge pump the lucky ones get huge profits and have no need to ever invest in the same coin, but for the rest they have no option but to wait for another pump to come.

But as soon as the price seems to be ready to pump there are several traders willing to capitulate and recover whatever they can, this reduces the chances of a new pump happening and while dogecoin has so far defied all our expectations this cannot last forever as the number of bag holders will be so big that sooner or later the demand will not be enough to produce another pump.

Although Meme coins have no viable use cases, its market cap is on the rise. Actually, a big part of crypto currencies are speculative assets that can't provide technical benefits, so I think that Meme coin will remain in the market as long as it's unregulated and developing market, and the biggest beneficiaries are the whales who pump and dump it.

I recently came across an article stating that the demand for Meme coins still on the rise:
Meme Coin Economy Swells by $5.8 Billion in Less Than a Month, Suggesting Demand for Meme Tokens Still High
sr. member
Activity: 1372
Merit: 252
February 05, 2023, 12:25:02 PM
one of the top altcoins in my opinion so far is Dogecoin,
this has been proven that Doge coin really has a very high ROI compared to Ethereum or XRP,
and I see people saying that Doge is dead?
this is a joke for me because Doge will still live and I guarantee that Doge will be the top crypto currency after Bitcoin even Ethereum might lose.
hero member
Activity: 2702
Merit: 704
February 05, 2023, 01:23:31 AM
I always wondered if these meme coins ever running out of new bag holders but it seems that's the case, it's just stagnant, the already veteran holders waiting other people to get in that it to wait until massive flow of investments comes in so they could liquidate their investment while also waiting for the right price mark meanwhile it seems newer people are also hesitant in investing since the value already too high anyway.
This is a problem inherent to all meme coins and shitcoins in general, once there is a huge pump the lucky ones get huge profits and have no need to ever invest in the same coin, but for the rest they have no option but to wait for another pump to come.

But as soon as the price seems to be ready to pump there are several traders willing to capitulate and recover whatever they can, this reduces the chances of a new pump happening and while dogecoin has so far defied all our expectations this cannot last forever as the number of bag holders will be so big that sooner or later the demand will not be enough to produce another pump.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
February 04, 2023, 07:33:09 PM
It's not dead but there is no need for it to go on another run.  Me coins have seen their run and most people are just bag holding at this point.  With supply increasing 10k new coins every 1 minute it will be hard for demand to outpace supply causing another massive price spike.
I always wondered if these meme coins ever running out of new bag holders but it seems that's the case, it's just stagnant, the already veteran holders waiting other people to get in that it to wait until massive flow of investments comes in so they could liquidate their investment while also waiting for the right price mark meanwhile it seems newer people are also hesitant in investing since the value already too high anyway.
hero member
Activity: 2590
Merit: 644
February 04, 2023, 05:55:35 PM
It's not dead but there is no need for it to go on another run.  Me coins have seen their run and most people are just bag holding at this point.  With supply increasing 10k new coins every 1 minute it will be hard for demand to outpace supply causing another massive price spike.
^ As long as Elon Musk supported it, dogecoin will remain of the top altcoins in the market.
The problem with this coin it has an unlimited supply if this coin becomes a limited supply the chances of increasing the price is highly possible but it is not. For now, as long as there are communities supporting dogecoin it will long last also this coin has a utility and I don't think it will easily vanish in the crypto space.
legendary
Activity: 3598
Merit: 1406
February 04, 2023, 04:08:49 PM
It's not dead but there is no need for it to go on another run.  Me coins have seen their run and most people are just bag holding at this point.  With supply increasing 10k new coins every 1 minute it will be hard for demand to outpace supply causing another massive price spike.
sr. member
Activity: 1097
Merit: 310
February 04, 2023, 03:50:46 AM
I wouldn't say that DOGE is dead. Yeah, the price doesn't seem good, but it has a strong community and DOGE actually is a good coin with pretty low fees. I don't think it will reach $1 soon, or maybe ever, but does it need to?
If cryptocurrency market is good, all coins will increase in price very soon. Also DOGE coin price will increase. But I don't think DOGE coin price will ever be 1$.

Quote
Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?


How can you say like that? Haven't you noticed Dogecoin's daily trading volume? or have you never paid attention to the position of dogecoin in coinmarketcap?. in my opinion, doge will not die and will not disappear in the market as long as it is still in great demand and is supported by large investors who have their largest capital. what you say is not likely to happen
There are still a lot of Doge Holders, in fact I can confirm that almost everyone in the cryptocurrency community has Doge in every wallet,
because Doge is indeed one of the oldest altcoins in the world of cryptocurrencies,
if you say that doge is dead then you are really really still don't really understand how crypto currency works.

Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion
I think Dogecoin coin will never die.  The reason is that Dogecoin coin has many investors behind it.  Many are still investing. It may turn out to be a good position one day. Everyone is investing in this hope.
full member
Activity: 532
Merit: 100
February 04, 2023, 12:50:03 AM

Quote
Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

In my opinion, Elon Musk's resignation as CEO of Twitter will not affect the price of Dogecoin, let alone cause Dogecoin to lose market value or die. I don't think that's the reason for Eln Musk's departure from CEO Twitter. which is the reason Elon musk resigned from CEO twitter because of the bad conditions that are currently hitting one of his companies, TESLA.
thus I think the price of doge coin will be as usual in the crypto market, dogecoin will continue to live in the market
full member
Activity: 1022
Merit: 100
February 03, 2023, 05:03:49 AM
Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion
I've always been afraid to buy this doge, because the supply is unlimited. And after all it's a regular coin which isn't as strong as BTC and its fundamentals Binance and Doge too was originally just a joke coin. So doge is not a long term recommendation in my opinion because it is too risky even though doge coin is still supported by Elon Musk and his strong community. Just a suggestion if you want to invest in Doge you have to be careful.

Yes, of course Dogecoin is not a coin that has strong fundamentals, but you can play Dogecoin with short-term investments, and don't put all your assets in it. this is a way to reduce the risk in dogecoin trading.
full member
Activity: 588
Merit: 223
February 02, 2023, 12:32:44 PM
Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion
I've always been afraid to buy this doge, because the supply is unlimited. And after all it's a regular coin which isn't as strong as BTC and its fundamentals Binance and Doge too was originally just a joke coin. So doge is not a long term recommendation in my opinion because it is too risky even though doge coin is still supported by Elon Musk and his strong community. Just a suggestion if you want to invest in Doge you have to be careful.
full member
Activity: 1022
Merit: 100
February 02, 2023, 11:58:00 AM

Quote
Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?


How can you say like that? Haven't you noticed Dogecoin's daily trading volume? or have you never paid attention to the position of dogecoin in coinmarketcap?. in my opinion, doge will not die and will not disappear in the market as long as it is still in great demand and is supported by large investors who have their largest capital. what you say is not likely to happen
There are still a lot of Doge Holders, in fact I can confirm that almost everyone in the cryptocurrency community has Doge in every wallet,
because Doge is indeed one of the oldest altcoins in the world of cryptocurrencies,
if you say that doge is dead then you are really really still don't really understand how crypto currency works.

Of course, what you have stated is very true, Dogecoin cannot possibly die as long as Doge still has a large number of holders and has a focused community, moreover, Dogecoin is fully supported by classy investors who have large capital. dogecoin will be the king of memecoin in my opinion
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
January 31, 2023, 07:21:39 PM
Dogecoin was already dead a long time ago, it was only revived for a quick pump and drop by Elon and most of the investor's that came to Doge are newbies who have zero or low knowledge on crypto.


are you sure with your statement? in my opinion, newly-created meme tokens like shib will first suffer their doomsday before doge will. doge may decline its value, but its use case has long been established even before the rise of these new meme tokens. now that doge is a lil bit expensive than in previous years, its use as transfer purposes has been diminished as there other alts offering much cheaper tx fees.
full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
January 31, 2023, 07:16:20 PM
Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.

That's right, Doge is already well-known among investors or those who know about vitrual currency and it'sn't easy for Doge to just die but it's possible that Doge will die later with a decline that continues to decline every year. there is something that must be understood about all of this.
hero member
Activity: 1960
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
January 31, 2023, 02:45:28 PM
Dogecoin was already dead a long time ago, it was only revived for a quick pump and drop by Elon and most of the investor's that came to Doge are newbies who have zero or low knowledge on crypto.
hero member
Activity: 2282
Merit: 532
Sugars.zone | DatingFi - Earn for Posting
January 30, 2023, 07:39:55 PM
Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.
If Elon Musk's influence hadn't been so strong, Dogecoin would have been extinct long ago.
The OP asks this question due to the fact that, for obvious reasons, no real cryptocurrency investors take meme coins seriously as an investment, which has led to all meme coins literally dying during a bearish market and then reviving during the bullish market.
That's wrong. When did Elon Musk had pumped the market of dogecoin. It is just years back. Dogecoin is one among the earliest in the market and even before the pumping from Elon Musk's influence dogecoin have provided with good rate of interest for the investors. Even now the market of dogecoin still stands strong. Dogecoin won't be dead just because there is no growth as expected.
member
Activity: 1062
Merit: 75
January 30, 2023, 07:15:36 PM
Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.
If Elon Musk's influence hadn't been so strong, Dogecoin would have been extinct long ago.
The OP asks this question due to the fact that, for obvious reasons, no real cryptocurrency investors take meme coins seriously as an investment, which has led to all meme coins literally dying during a bearish market and then reviving during the bullish market.
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