I think, by capitalizing on the name "DOGE", they are trying to take advantage of this. It's also not clear why anyone would want to move their DOGE to Dogechain.
As they can easily do things like buy assets or pay for services with their DOGE directly in Dogecoin itself. Probably, most of the tokens allocated to this project are allocated to the team behind it.
As they can easily do things like buy assets or pay for services with their DOGE directly in Dogecoin itself. Probably, most of the tokens allocated to this project are allocated to the team behind it.
In my opinion, this is just another project capitalizing the name of doge.
I don't think this platform will survive long. I am thinking that the owners can easily dump this in the market and be gone.
I will be more comfortable investing the old meme coin, doge rather than its copycats.
But at the end of the day, it is on the user's choice where he will inject his money into.
As long as he knows the risks and know when to exit before the project crumbles down.
We will see after a year if this DC will survive and provide more use case in the crypto market or they will slowly die down its trading market.
to make use of Doge name itself or having that resemblance but it did really end up on having value and support on the community.When it comes or talks into this Dogechain
then its one of the bunches who do make use of Doge name but just like you do said that these are just mostly money grabs which it cant really be that suggestable
for you to make out some investment with these because it would really just in result on losing money.
I totally agree with you! But it seems to me that the team had to work hard on the Shibu coin PR company! It doesn't seem to me that they just created a coin called shibu and it became popular. In general, it is interesting to understand these coins, since they are not similar to others in their ideas. They do not solve any problem, but only act as something entertaining, but to some extent they have a certain success!
