Is there really any points of dogecoin other than to meme it and use it as a pump and dump?
Many young investors also choose to 'have fun' with their investments such as buying meme coins, dogecoins and shares of game companies GameStop and AMC Entertainment, which are becoming a recent cultural trend (memes). 
Topic: The point of Dogecoin. - page 2. (Read 896 times)
Yes, it was very clear in the previous months because Elon Musk did not move alone, but they have their own team in carrying out the strategy they want at this time so it is very easy to shake the cryptocurrency market.
I think that this team is not connected with Elon Musk and acts independently. The main task of this team is to track all the posts of Elon Musk with the sole purpose of monetizing them. And in this, Musk does not intentionally play along with this team, posting tweets daily.
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?
I think the Dogecoin pump has an important purpose for global investors who are behind the scenes, and the one playing in front of the face is Elon Musk. We know Elon Musk can't do it alone, he has a large group that makes Dogecoin an investment target. And now Dogecoin is being dumped on a massive scale, and the victims are those who buy above the peak.
I don't know if the guy really thought he could overcome bitcoin with his influence or if he was just looking for short run insane gains with dogecoin.
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?
I think the Dogecoin pump has an important purpose for global investors who are behind the scenes, and the one playing in front of the face is Elon Musk. We know Elon Musk can't do it alone, he has a large group that makes Dogecoin an investment target. And now Dogecoin is being dumped on a massive scale, and the victims are those who buy above the peak.
I think it's already been revealed that Dogeceoin is actually a useless project. It was a project that attracted so much attention with the push of Elon Musk. But now people understood the purpose of the manipulation.
if you look at it now, it seems that doge is just a pump, dump and manipulation. but if we flashback, actually this doge is very good (before the pump), for me doge is very good because it is an alternative to type gas, eth and bitcoin is going crazy and I feel it.but for now it's very different because now people have started to switch to calling doge which originally meme coins became pump and dump coins and even manipulation coins
Whether Doge coin is a meme coin or not, investors are still patronizing it making the price to worth giving a try. If Elon can continuously tweeting about this coin, it means something good is about to come out. This could make early investors to gain enormous profits if they hold it for long. Like we know that Elon Musk had been helping the price of Doge to gain momentum which had kept it high making it one of the most controversial meme coin and attracting a lots of investors to invest in it.
Doge coin can still be useful in the future for it holders if eventually the price goes higher than what is being anticipated about. Most traders think that there is no need to waste funds in investing in it but one has to have a rethink not looking at the name attached to it as meme. It's still have the strength to trend in a bullish direction once Bitcoin starts the upward projectile. One can still invest in it, not minding the time or what people are saying about it for a short time selling it after reasonable profits as been made. The high in Doge coin transactions can be as a result of high investors patronizing it.
Doge coin can still be useful in the future for it holders if eventually the price goes higher than what is being anticipated about. Most traders think that there is no need to waste funds in investing in it but one has to have a rethink not looking at the name attached to it as meme. It's still have the strength to trend in a bullish direction once Bitcoin starts the upward projectile. One can still invest in it, not minding the time or what people are saying about it for a short time selling it after reasonable profits as been made. The high in Doge coin transactions can be as a result of high investors patronizing it.
I don't know but I know it is pump and dump and a meme coin the father of all meme coins in today's trend. Lucky for Doge that it is favorite by Elon which seems he is the manipulator that controls the market flow. I thought Doge will touch $1 because of him. Maybe soon if he will pump Doge again.
when did meme coins in the crypto market have a father?I guess Elon will continue to do so. when dogecoin and its community no longer respond to what Elon is doing. I'm sure he'll move on to other meme assets. maybe even now we have seen some meme coin assets with the name Elon.
this is something bad I guess. The crypto market is growing based on the hype of the meme coin which also has a huge negative impact on the future crypto market.
I think I've read this title on their original website. doge coin "the many coins" " the meme coin" at that time, before the price was going crazy. this coin lot of coins and more used for fun2 such as for gambling, . but after elon tweet people had different tought about doge coin such main investment. I don't agree with that. and the current condition of the doge in the market is not very clear and tends to continue fall.
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?
It is always not meant that Doge is created to troll it.
I mean the devs of the coin have never thought of it, they just wanted another asset online just like the most popular BTC giving people choices to trade and earn.
But it’s us who made the coin as a meme material.
So it’s not always good to make a fun of a crypto specially if you don’t know what it matters a lot.
I myself used it in pump and dump and earned few profits too.
we have seen the current doge has lost the hype and will continue to fall down. no use except pump and dump. maybe for the next 5 years it's not necessarily doge can get his ATH again.
DogeCoin is a meme coin that the market has took seriously. Started more like a joke, it eventually stand on its own and became one of the biggest and most known cryptocurrency. However, we have to admit and I am sure many would agree that there are many things lacking on this coin and for a start it is not doing good as far as use-cases can be concerned and this can be the reason why even its godfather Elon Musk was calling for more developments on the coin. Now, am not saying that this is not a good coin because as far as I know it will always be the market that determines that by means of their investing vote.
Of course
if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin.
Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.
if Elon daily posts good tw about it, I think it's the easiest field to drive growth from doge coin.
Maybe we shouldn't expect too much from it, i think the coin meme trend has lost its appeal.
Meme coin should not be bought at the first place, better to buy real coins such as BTC, ETH and BNB.
Too many meme coins created and many of them scammed people with various ways, honeypot, rug, etc.
Well, those coins are just meme coin after all, we should not expect too much from meme coins without use case.
Dogecoin is 100% a pump and dump coin and always has been. First off, Proof of Stake is NOT a better option than Proof of Work. Proof of Stake clearly benefits those holding the largest bag which of course add a layer of centralization which is exactly what cryptocurrency is trying to avoid. Dogecoin doesn't have a real /legit team behind it like other coins do such a bitcoin, ethereum, monero etc. It's worth owning to try and profit off of, other than that..shitcoin to the max!
True. It has no use case but its network is fast and transactions are executed with minimal fee. Ethereum 2.0 will also switch from Proof of work to Proof of stake that means it will also benefit Big investors, I think what matters is the use case which is very strong in Ethereum's case as almost every other Project including DEFI and NFT Projects are built on Ethereum network despite huge Network fee. If Doge coin's developers team can build a strong use case then it will be worth investing but I am afraid it is not going to happen so soon.
There is zero point to dogecoin and there are still tons of people who invest into it just because there is a community. That community is the reason why dogecoin got this much attention, there were tens of thousands of new people that joined dogecoin not because it had a point but because Elon Musk tweeted and they became a family under its umbrella.
Almost all other big coins were already covered and they were already invested, but dogecoin was basically left to die, these people took it and made it high priced and at one point 4th biggest coin, which gave them some sort of accomplishment feeling and they stuck together after that, they took the loss together as well. That community picked dogecoin because they felt that it was abandoned and they could pick it up as their own without caring about anyone else, you can't do that with most other coins.
Almost all other big coins were already covered and they were already invested, but dogecoin was basically left to die, these people took it and made it high priced and at one point 4th biggest coin, which gave them some sort of accomplishment feeling and they stuck together after that, they took the loss together as well. That community picked dogecoin because they felt that it was abandoned and they could pick it up as their own without caring about anyone else, you can't do that with most other coins.
I don't know what to say because I realize that there are still a lot of people who have great faith in Doge coin, although not denying its growth over time, but what we see from it is hype pure and soon the doge coin bubble will burst. But it's still happier to profit from it wisely anyway, and my experience with Doge coin is gratifying.
Almost all cryptocurrency that dont have a real use case will only rely in HYPE to increase its price. DOGE is just lucky to have Elon Musk supporting its growth and helping it pump.
dogecoin has no point, dogecoin is just a meme coin that has no utility and even I'm sure, the creators of dogecoin didn't expect the price of dogecoin to be this high, dogecoin rose only because of temporary hype
Doge is the weak link in the cryptocurrency world. It and it's manipulative moves reduce people's trust in cryptocurrencies. I think Doge is completely baseless and fraudulent. Everyone invests knowing this, and they shouldn't be upset by big losses..
I don't know what to say because I realize that there are still a lot of people who have great faith in Doge coin, although not denying its growth over time, but what we see from it is hype pure and soon the doge coin bubble will burst. But it's still happier to profit from it wisely anyway, and my experience with Doge coin is gratifying.
There are a lot of coins like Doge on the crypto market. And each of these coins pumps by hundreds of percent. The close attention to the Doge is explained by the increased attention to him of Elon Musk, who has tens of millions of subscribers on social networks who blindly believe that he will help them earn a big profit.
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?
Anyone that has the audacity to compare ETH and Cake and Uni with Doge is kidding themselves and are people who are ignorant to what is going on in the crypto world. All the other big names that have no cap are the coins that people can use for something, it is not the same as the current situation in dogecoin which went up a ton this year and only because some rich person tweeted about it and others jumped on it and that's it, nothing more to it.I personally believe that we should focus on something that would be the difference and the difference is you can use ETH for many stuff, people keep spending ETH all the time for transactions on thousands of different projects whereas doge is only used for shits and giggles and nothing more. This is why having no cap is never the same, will never be the same and result will be horrible for doge in the long run for sure.
Is there really any points of dogecoin other than to meme it and use it as a pump and dump?
You are probably not aware of it but people actually do use doge for many stuff. It is cheap to transact with. Usually exchanges have low withdrawal fees for doge (or they used to, I haven't used it for a while) which makes it a good currency to carry between the exchanges or to gamble with on the online crypto casinos.
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