What did you think about the future of dogecoin? - page 4.

Yogee

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Quote from: livingfree on May 17, 2024, 09:01:31 AM

The future of Dogecoin is can be said here to stay because it's an OG meme coin.

Indeed. It has become an "institution" in the crypto industry that there are even some speculators that uses it as an indicator for a bullrun hehe.

Quote

And to answer if it's going to do better in the future, no one knows but as much as I want to say that it might do well, the market is the one to decide for it.

I think the market has decided already. It would have been gone a long time ago if the crypto community thought of dropping it just like the majority of meme coins today.

jrrsparkles

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I am not a wizard to tell what will happen in the future like you were asking but we can all just speculate based on how it has been in the past. Dogecoin made quite an impression in the market in the name of memecoin and now it got a certain category of own memecoins which has billions of marketcap value so if Dogecoin is the mother of all then I predict it has got still way more to reach.

asriloni

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The future is bright. It's only a matter of time until doge coin will get massive adoption. As you can see that how many people are always thinking that doge coin will be massive. Currently, tesla has become the only big company that accepts it as a payment system.
I strongly believe that if doge coin will be used massively in the future. The fact that if doge coin is having everything needed to be used as a payment system.

Doge coin is doing sideway waiting for bicoin to go to the moon again soon. Doge coin will be booming in the future once people were not seeing meme coin as a bad thing anymore.

AnonBitCoiner

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If you already have to hold dogecoin then continue your holding because if you are selling your coin with loss then it is not a good idea so I will suggest that you continue your holding. If more people buy it due to its lower price then during bull season it will become able to give you profit too but you have to keep holding your coins with patience without selling it at a loss.

Dogecoin proved as a better coin in the past but about the future no one has confirmed Knowledge but everyone is assumed that it will perform better like that was in the past so continue your holding without listing the negative thoughts of others.

Tipstar

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Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

It's hard to guess. It's one of the most decentralized and secure coin. There are no other memecoins comparable to Dogecoin in security and decentralization. People may argue it to be the bitcoin of Meme. It certainly is the first meme coin and has the pioneer bias and a headstart. The downside of Dogecoin is its ever growing supply and energy intense mining for confirming the transactions. Another unexpected friend of Dogecoin is Elon Musk who is associated with the rejuvenation of this coin.
Personally, I won't invest in Dogecoin as other memecoin have better chances of making you rich.

livingfree

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The future of Dogecoin is can be said here to stay because it's an OG meme coin. And to answer if it's going to do better in the future, no one knows but as much as I want to say that it might do well, the market is the one to decide for it.

If you think that you should hold dogecoin and you're asking about it to anyone, no one should tell what you must do.

You should be the one to give reasons why you should or shouldn't hold it anymore base on your goal by holding it.

Godday

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Quote from: Asyifiah on May 17, 2024, 03:59:14 AM

Advice from many people will definitely tell you to hold onto the coin as long as it is still circulating on the market. After I saw the movement of Dogecoin, it was very unpromising because the coin had achieved what the developer wanted. There is some recent news about the price of Dogecoin even this year will reach a new ATH of up to $0.73 but I really doubt it. It's better if you also hold other top altcoins while waiting for the bull run or bull market to return.

I agree with you. Dogecoin has reached a tired phase and it will be difficult to reach the $1 target as some say. I don't have any expectations on Dogecoin at the moment. If you ask about the future of meme coins I think PEPE will be the pioneer that will bring you success in the future. Other meme coins are too risky. I think PEPE will indeed be the next dogecoin. This is my personal opinion.

Asyifiah

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Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

Advice from many people will definitely tell you to hold onto the coin as long as it is still circulating on the market. After I saw the movement of Dogecoin, it was very unpromising because the coin had achieved what the developer wanted. There is some recent news about the price of Dogecoin even this year will reach a new ATH of up to $0.73 but I really doubt it. It's better if you also hold other top altcoins while waiting for the bull run or bull market to return.

mich

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Well we might be soon to see a 'bull run' for my favorite meme coin. And Bitcoin now is pumping so I think we are going to see some profits from Doge.

https://www.newsbtc.com/analysis/doge/dogecoin-take-off-0-1540/

Bureau

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Quote from: wxa7115 on May 16, 2024, 11:43:46 PM

As I am sure that if Elon just posted an image of an unknown meme coin, such action will be more than enough to make it pump for days or even weeks.

If I remember correctly he did post a cryptic image which looked like a meme coin in 2023 or in end of 2022. The coin did pump in a bear market and every meme coin investor went FOMO at that time. He still holds a lot of influence in the crypto sphere and is the only the non crypto entrepreneur in the world who started the meme coin revolution.

wxa7115

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Quote from: bluebit25 on May 16, 2024, 10:29:53 AM

Quote from: peter0425 on May 14, 2024, 06:35:35 AM

Quote from: bluebit25 on May 11, 2024, 09:10:29 PM

My short answer to all the questions you need is to ask Elon Musk.

What does Elon Musk have to do with anything? lol

Even Elon Musk can not force dogecoin to pump. Yes he can severely influence the price of the coin as I am sure many people follow him and find him inspiring enough to follow just about anything he does but at the end of the day it’s us investors who get to decide whether dogecoin is valuable enough to buy or not.

Going back to the previous price increase cycle, do you know the reason why memecoins (Dogecoin, ShibaInu,...) have grown so strongly? Part of the reason comes from him, who directly shill bitcoin and dogecoin at an earlier stage of the market, the current influence of memecoin I always see Elon Musk as almost creating a meme stage in the crypto space.

And of course that's just a personal opinion, there are many reasons for something in this space to receive attention. In terms of technology or adoption, we have a lot of things that already exist and are being developed that have not yet received the status they deserve or are dead, so a little fun talking about Dogecoin and Elon Musk.

I do not really check X, but I am sure that if Elon was twitting about it, those that are enthusiastic about meme coins would have created several threads about it already, so just because Elon has not exercised that influence recently, most likely because he was advised by his lawyers to not do it, it does not mean that it does not exist.

As I am sure that if Elon just posted an image of an unknown meme coin, such action will be more than enough to make it pump for days or even weeks.

bluebit25

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Quote from: peter0425 on May 14, 2024, 06:35:35 AM

Quote from: bluebit25 on May 11, 2024, 09:10:29 PM

Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

My short answer to all the questions you need is to ask Elon Musk.

What does Elon Musk have to do with anything? lol

Even Elon Musk can not force dogecoin to pump. Yes he can severely influence the price of the coin as I am sure many people follow him and find him inspiring enough to follow just about anything he does but at the end of the day it’s us investors who get to decide whether dogecoin is valuable enough to buy or not.

Going back to the previous price increase cycle, do you know the reason why memecoins (Dogecoin, ShibaInu,...) have grown so strongly? Part of the reason comes from him, who directly shill bitcoin and dogecoin at an earlier stage of the market, the current influence of memecoin I always see Elon Musk as almost creating a meme stage in the crypto space.

And of course that's just a personal opinion, there are many reasons for something in this space to receive attention. In terms of technology or adoption, we have a lot of things that already exist and are being developed that have not yet received the status they deserve or are dead, so a little fun talking about Dogecoin and Elon Musk.

Abiky

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Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

Dogecoin has no future. It's a speculative instrument. Just like the rest of the other "meme" coins on the market. Expect the price of 1 DOGE to remain low forever. Elon Musk only picked this coin to make a lot of money. Not because he's taking it seriously. Even Dogecoin's developers said the project was a joke. People are wasting their time and money in garbage. They'll eventually get "rekt" due to poor investment decisions.

Despite this, I believe Dogecoin will survive for generations. It has a strong community and solid merchant acceptance. Being the oldest "meme" coin does bring its benefits (first-mover advantage). As long as it stays decentralized, nothing else matters. Cheesy

FanEagle

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I do believe that we are going to see something changing on the long run, dogecoin can't keep being one of the top ranked coins because it is just an ordinary meme shitcoin and nothing that big which means that we shouldn't be seeing it at any high level at all. Of course there are a lot of people who still see it as something that would be good, but the reality is that we are not going to see it change all that much, it is going to cause a lot of trouble for the long term.

We should see the situation changing, and that means the price of doge will crash eventually, not saying that it will be anytime soon, maybe that would be a decade later, who knows when that will happen, I am just saying that it will happen one day.

Samurai trieng

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In my opinion, Doge Coin will grow rapidly in the future, because Doge Coin has a very large popularity and community out there, especially as Doge Coin is a coin that is very popular with big investors, especially ELON MUST, of course DOGE will be one one of the best investments in the future,

DiMarxist

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From my myopic view of the token, dogecoin will do will in the future. It is a great project in the cryptocurrency though the movement of the coin is very slow compare to others in the cryptocurrency business or market. But the coin has reputation, and respect more than many. And if anyone is hodling dogecoin he should not sell it in hurry but still keep it for the next bull market.
Though this bull market it was not increasing in price but we believe next bull market will favour it.

Zanab247

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Quote from: Kristiyana

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

I guess you are hodling among the best altcoin right now, and if you look at the altcoins market very well, you will know that the population of hodlers hodling dogecoin has increase higher because there is a brighter future to those who are hodling dogecoin.

You don't need to be panic with the choice you made to hold dogecoin, and all you need to do is to hodl it for long years so that you will be able to achieve what will make you to like dogecoin.

Based on what I just saw in the market right now, I guess I will buy dogecoin to be part of those that will make big profit from dogecoin in the future when the bull run occur, because the bull run will surely occur before the end of december.

mich

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For Dogecoin I think if we do see a meme coin with biggest profits it is it. Elon Musk is a powerful man so if he really does accept the token for his cars we can see a 'bull run'.

I do think it will be worth more then now. It is his favorite crypto currency. https://finance.yahoo.com/news/own-elon-musk-favorite-crypto-210011273.html

Mpamaegbu

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Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?

A coin that has seen a few bear seasons, the lows and highs of this market yet it's still there shouldn't be toyed with. It deserves its flowers. That's the way I respond to your questions. Dogecoin has a bright future. I don't even like referring to it as a memecoin, having used it for payment a few times. Transaction speed is jaw dropping and fee is very low. Those two attributes will continue to endear it to users.

To your last question, the choice is yours to make. However, I expect that Dogecoin should soar once alts season sets in. Just make sure to take profit once that begins to happen instead of continuing hodling without cutting off some profit.

Jose Mourinho

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DOGE is one of the best memecoins to date, where DOGE is still able to compete and can provide profits for its holders, even though currently many new coins have appeared, but I think DOGE cannot be competed with, because Doge's popularity is very is big so the potential to always survive is very big.

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