Will Dogecoin survive without Elon Musk?

wmaurik

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Quote from: dvndr007 on November 23, 2021, 11:11:08 AM

Without Elon dogecoin will definitely see significant dip but it will not die as it remain dead before now he know how to survive being dead.
doge coin is quite popular too its impossible to completely remove dogecoin from everywhere.

Hello bro, Dogecoin does not belong to Elon Musk and everyone in the past also knew Dogecoin before Elon Musk knew him and also before Elon Musk became rich, so try to change your thinking about this because Dogecoin is a very old coin and always is in the top 10 cryptocurrency rankings without having to rely on Elon Musk.

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Quote from: Abiky on September 17, 2021, 10:20:27 AM

Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future.

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

Without Elon dogecoin will definitely see significant dip but it will not die as it remain dead before now he know how to survive being dead.
doge coin is quite popular too its impossible to completely remove dogecoin from everywhere.

Abiky

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Quote from: OrangeII on November 15, 2021, 12:38:34 PM

Dogecoin has long proven that the token can survive even without the support of Elon Musk. long ago, Doge has also been around, and has a price even though it's not that expensive.
it's just that, without support, the price of Doge will drop again. even I think that if there is no more support from Elon Musk, the price of Doge will fall, only that Doge will stay. Dogecoin has been around for a long time, the problem is its high price due to a push by Elon Musk. So, if Elon Musk doesn't support Dogecoin anymore, then it's very likely that the price of Dogecoin will go back to the beginning again.

Of course. Dogecoin will decline massively in price, but its blockchain network will still be actively supported by the community. It may take quite a long time (if any) for Dogecoin's price to recover after Elon Musk decides to abandon it. As I've said many times, what's important is not the price but the usefulness of a coin. Whichever cryptocurrency proves to be useful, wins in the long run. I don't think Dogecoin has any uses other than being a purely-speculative cryptocurrency.

Besides, Dogecoin's been abandoned in development for quite some time. What makes you think it'll sustain its price for the long run? On top of that, Dogecoin's supply is extremely huge. There's inflation in every way. The only reason why it's been going up is because of Elon Musk. A single person can have a lot of influence over a coin's price but what ultimately matters are concrete results (not hype). There are far better cryptocurrencies on the market with better features, active development, and most of all, real use cases in the mainstream world. I'd focus more on Bitcoin than Dogecoin since it's the one cryptocurrency that will eventually rule them all. Just my opinion

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The Elon Musk effect I do not know how good that impact would be, because as it has lost popularity in the critical currencies it can be somewhat complicated, however Doge is with a considerable price:

Quote

A breakout and close above the downtrend line will be the first sign that the selling pressure may be reducing. The DOGE/USDT pair could then rise to $0.30 and later to the overhead resistance at $0.34.

Source: https://cointelegraph.com/news/price-analysis-11-15-btc-eth-bnb-sol-ada-xrp-dot-doge-shib-luna

I would say that the currency has held, I think nobody wants to sell, maybe they are in Hodl mode and they are expecting a good move.

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Quote from: nelson4lov on November 15, 2021, 04:57:29 PM

Quote from: OrangeII on November 15, 2021, 12:38:34 PM

Quote from: ?? on ??

^Snipped

Dogecoin has long proven that the token can survive even without the support of Elon Musk. long ago, Doge has also been around, and has a price even though it's not that expensive.
it's just that, without support, the price of Doge will drop again. even I think that if there is no more support from Elon Musk, the price of Doge will fall, only that Doge will stay. Dogecoin has been around for a long time, the problem is its high price due to a push by Elon Musk. So, if Elon Musk doesn't support Dogecoin anymore, then it's very likely that the price of Dogecoin will go back to the beginning again.

For now, we don't know yet and it also seems like Elon Musk has lost his influence over the market as nothing he has said recently has affected the price action of doge either positively or negatively. If there are no new innovations with Dogecoin,but might get forgotten - kinda like how TRON and EOS don't get any attention these days.

Cant be sure even we do see that the market is quite now or Musk isnt really making any shills or tweets on a specific coin but you couldnt know on when he would be making out movement or words which could really make out some effect directly because we know that this market is highly reactive.

Doesnt matter on what you do get involved on as long you do make profits but i wouldnt really trust up on what Elon is shilling but you should really be that
wise on making decisions.

Not all would turns out to be reactive whenever he do say a thing.

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Quote from: OrangeII on November 15, 2021, 12:38:34 PM

Quote from: ?? on ??

^Snipped

Dogecoin has long proven that the token can survive even without the support of Elon Musk. long ago, Doge has also been around, and has a price even though it's not that expensive.
it's just that, without support, the price of Doge will drop again. even I think that if there is no more support from Elon Musk, the price of Doge will fall, only that Doge will stay. Dogecoin has been around for a long time, the problem is its high price due to a push by Elon Musk. So, if Elon Musk doesn't support Dogecoin anymore, then it's very likely that the price of Dogecoin will go back to the beginning again.

For now, we don't know yet and it also seems like Elon Musk has lost his influence over the market as nothing he has said recently has affected the price action of doge either positively or negatively. If there are no new innovations with Dogecoin,but might get forgotten - kinda like how TRON and EOS don't get any attention these days.

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Quote from: Furious 7 on November 15, 2021, 11:29:59 AM

Quote from: riskarcher on November 15, 2021, 09:58:55 AM

Quote from: bitterguy28 on November 15, 2021, 05:13:20 AM

Quote from: Jose Mourinho on November 10, 2021, 11:37:21 AM

~~

Years before Elon make any statements and tweets about Dogecoin I have been using and trusting Doge and uses this in my gambling betting (as the fee is really low ) but suddenly when Elon started to push this coin i have already done and gone with Dogecoin.
but yes this coin can survive even without this Man making tweets because this Memecoin has a large market and many supporters and user.

Just as speculation as you said Doge Coin already has a strong foundation and community in the crypto market that is what makes Doge Coin survive even without Elon Musk and the CEO of any company. Doge coin is the first meme coin that has the highest coin value and the appropriate supply circulation is what makes doge coin sexy

But the beginning of the hype was awakened by Elon Musk, so many communities consider him a savior in a stable price and survive in the market. But I'm sure without him Doge can definitely survive especially now that it has become a meme coin trend, but since this Doge hasn't started a big pump yet except for other meme coins, but that's Elon Musk always associated with memes, meaning that many want to be tweeted by other projects he certainly was to build hype.

I find Elon Musk as a catalyst, because even before his active participation into cryptocurrency there is dogecoin and it has been growing gradually in a much slower way. Once after Elon Musk tweet the market pumped like anything. This means dogecoin has grown out of its potential and for a short term Elon Musk have pushed it serving as a catalyst.

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Quote from: wmaurik on November 15, 2021, 03:45:01 AM

Quote from: Ziskinberg on November 07, 2021, 05:53:46 AM

It's ranked number 9 right now but we know there's a risk that it would go down and probably would be out in the top 100. As the hype brought DOGE to the top, I'm sure it's the opposite of hype that will bring DOGE to its original rank, or the rank prior to it was shilled by Elon Musk. Don't focus on the rank so much as a coin could be overvalued sometimes and that's what I see in DOGE.

What you say is a little different from what I see now and before, because basically I personally don't really like Dogecoin and also never see Dogecoin outside the top 100 in rankings, because in the past before Elon Musk knew Dogecoin, the ranking was already very good and even had time to be in the top 5 in cryptocurrency, Dogecoin is not just memecoin but has a community and strength to survive and he has never been the same as other memecoins at this time.

In fact, before Elon came in and got to know Doge, even Doge was very good because indeed many people adopted them regardless of the reason for the cheap payment and whatever it was, they were still often seen by many people.
but on the other hand, with the news of doge who is always related to Elon, it will definitely stay like that even if he releases it.
doge will still be known as a manipulation coin and pump and dump coin and is hopeless in terms of a good reputation among some.
but that doesn't make them die because they will survive even if their value weakens

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Quote from: ?? on ??

There has been confirmation from Elon musk that he doesn't hold Dogecoin, and when DOGE can stay in the top 10 rankings then this proves that DOGE can survive without Elon musk, especially with the number of holders reaching hundreds of millions makes me optimistic that Doge will continue to shine.

Dogecoin has long proven that the token can survive even without the support of Elon Musk. long ago, Doge has also been around, and has a price even though it's not that expensive.
it's just that, without support, the price of Doge will drop again. even I think that if there is no more support from Elon Musk, the price of Doge will fall, only that Doge will stay. Dogecoin has been around for a long time, the problem is its high price due to a push by Elon Musk. So, if Elon Musk doesn't support Dogecoin anymore, then it's very likely that the price of Dogecoin will go back to the beginning again.

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Quote from: riskarcher on November 15, 2021, 09:58:55 AM

Quote from: bitterguy28 on November 15, 2021, 05:13:20 AM

Quote from: Jose Mourinho on November 10, 2021, 11:37:21 AM

~~

Years before Elon make any statements and tweets about Dogecoin I have been using and trusting Doge and uses this in my gambling betting (as the fee is really low ) but suddenly when Elon started to push this coin i have already done and gone with Dogecoin.
but yes this coin can survive even without this Man making tweets because this Memecoin has a large market and many supporters and user.

Just as speculation as you said Doge Coin already has a strong foundation and community in the crypto market that is what makes Doge Coin survive even without Elon Musk and the CEO of any company. Doge coin is the first meme coin that has the highest coin value and the appropriate supply circulation is what makes doge coin sexy

But the beginning of the hype was awakened by Elon Musk, so many communities consider him a savior in a stable price and survive in the market. But I'm sure without him Doge can definitely survive especially now that it has become a meme coin trend, but since this Doge hasn't started a big pump yet except for other meme coins, but that's Elon Musk always associated with memes, meaning that many want to be tweeted by other projects he certainly was to build hype.

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Quote from: bitterguy28 on November 15, 2021, 05:13:20 AM

Quote from: Jose Mourinho on November 10, 2021, 11:37:21 AM

In the last few months I haven't seen Elon Musk's tweet about DOGE, but the price of Dogecoin is still very stable, not experiencing a significant decline, this means that without Elon Musk's support, DOGE can still survive, and currently very many traders and investors are using Dogecoin to send funds from one exchange to another, because DOGE fees are quite low, so I believe that in the future DOGE will continue to survive and thrive without any more support from Elon Musk,

Years before Elon make any statements and tweets about Dogecoin I have been using and trusting Doge and uses this in my gambling betting (as the fee is really low ) but suddenly when Elon started to push this coin i have already done and gone with Dogecoin.
but yes this coin can survive even without this Man making tweets because this Memecoin has a large market and many supporters and user.

Just as speculation as you said Doge Coin already has a strong foundation and community in the crypto market that is what makes Doge Coin survive even without Elon Musk and the CEO of any company. Doge coin is the first meme coin that has the highest coin value and the appropriate supply circulation is what makes doge coin sexy

bitterguy28

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Quote from: Jose Mourinho on November 10, 2021, 11:37:21 AM

In the last few months I haven't seen Elon Musk's tweet about DOGE, but the price of Dogecoin is still very stable, not experiencing a significant decline, this means that without Elon Musk's support, DOGE can still survive, and currently very many traders and investors are using Dogecoin to send funds from one exchange to another, because DOGE fees are quite low, so I believe that in the future DOGE will continue to survive and thrive without any more support from Elon Musk,

Years before Elon make any statements and tweets about Dogecoin I have been using and trusting Doge and uses this in my gambling betting (as the fee is really low ) but suddenly when Elon started to push this coin i have already done and gone with Dogecoin.
but yes this coin can survive even without this Man making tweets because this Memecoin has a large market and many supporters and user.

bakasabo

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Quote from: Jose Mourinho on November 10, 2021, 11:37:21 AM

In the last few months I haven't seen Elon Musk's tweet about DOGE, but the price of Dogecoin is still very stable, not experiencing a significant decline, this means that without Elon Musk's support, DOGE can still survive, and currently very many traders and investors are using Dogecoin to send funds from one exchange to another, because DOGE fees are quite low, so I believe that in the future DOGE will continue to survive and thrive without any more support from Elon Musk,

I would add, that long before Elon Musk started actively tweeting about dogecoin, dogecoin managed to get through all that projects that has an idea or a product and settle down in the top100. Long before Elon Musk started giving a lot of attention to dogecoin, its price showed a moderate stability with 1-2 price pumps per year. Without Elon, dogecoin will still be in first hundred and alive, unlike lots of meme coins and projects. The reason is simple - its age. Dogecoin was created long time ago, when there were no such huge variety of alts. Back then it has gained its popularity, supporters and trading volume. Right now it is like a "perpetual motion machine" - it is traded widely and trades will never stop, meaning it will live easily without Elon.

wmaurik

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Quote from: Ziskinberg on November 07, 2021, 05:53:46 AM

It's ranked number 9 right now but we know there's a risk that it would go down and probably would be out in the top 100. As the hype brought DOGE to the top, I'm sure it's the opposite of hype that will bring DOGE to its original rank, or the rank prior to it was shilled by Elon Musk. Don't focus on the rank so much as a coin could be overvalued sometimes and that's what I see in DOGE.

What you say is a little different from what I see now and before, because basically I personally don't really like Dogecoin and also never see Dogecoin outside the top 100 in rankings, because in the past before Elon Musk knew Dogecoin, the ranking was already very good and even had time to be in the top 5 in cryptocurrency, Dogecoin is not just memecoin but has a community and strength to survive and he has never been the same as other memecoins at this time.

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In the last few months I haven't seen Elon Musk's tweet about DOGE, but the price of Dogecoin is still very stable, not experiencing a significant decline, this means that without Elon Musk's support, DOGE can still survive, and currently very many traders and investors are using Dogecoin to send funds from one exchange to another, because DOGE fees are quite low, so I believe that in the future DOGE will continue to survive and thrive without any more support from Elon Musk,

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Doge's move has been very smooth, it is not seen to go up that much, but it has not gone down so radically either, as analysts at cointelegraph show the following:

Quote

The gradually rising 20-day EMA and the RSI in the positive territory indicate that bulls have a slight advantage. The bulls are attempting to push the price to the stiff overhead resistance at $0.34 but the long wick on Nov. 8’s candlestick suggests that bears are selling on rallies.

Source: https://cointelegraph.com/news/price-analysis-11-8-btc-eth-bnb-ada-sol-xrp-dot-shib-doge-avax

Expectations for DOGE in the long term are not yet very clear, it has been shown that the effect of Elon Musk on the currency is necessary to see if it gives a good push, the bulls find it difficult to maintain certain price levels.

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Quote from: smartaction on November 07, 2021, 05:35:36 AM

Quote from: Abiky on September 17, 2021, 10:20:27 AM

Ever since Elon Musk started tweeting about Dogecoin, the cryptocurrency has been on a road towards non-stop success. Price per coin rose considerably since the beginning of the year. Those who held DOGE before the pump, already cashed out massive rewards. The momentum will keep going until Elon Musk decides to stop tweeting about Dogecoin. After that, DOGE could either retain its price or go all the way down the drain at a very fast pace. Dogecoin was never meant to be taken seriously, so anything can happen in the future.

What do you think? Will Dogecoin be able to survive without Elon Musk? Or will it simply vanish like the rest of the other "shitcoins" on the market? Is the DOGE hype over? Your input will be greatly appreciated. Thank you.

Elon Musk is not the only person who has invested in doge coin. Elon Musk only helped to create hype for Doge. and now dogecoin have a lot potential investors and holders. Which is enough for Doge Coin survival. So, don't need an Elon Musk to survive the Doge

It is true that Elon Musk has played a major role in the development of Dogecoin so far,
but Dogecoin will survive even without Elon Musk,
and we'll see what happens to Dogecoin because after all it's an interesting thing to follow its development

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Elon musk does not own dogecoin like Tesla, so dogecoin will thrive with or without Elon musk. The fact that Elon shilled dogecoin early this year does not mean he now own a decentralized memecoin. I hope in the future a single individual will not wedge so much power on a decentralized coin like Elon did early this year!

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Quote from: marine4u on November 07, 2021, 08:15:58 AM

No need for Elon to exert his influence to bend the value of Doge coin, it still exists and operates in the cryptocurrency market with its own niches with its own value from the support of the community that loves it. . I guess, Somehow, the current meme movement is just a temporary catalyst rather than a sustainable existence for a platform that lacks performance and utility. The pump can continue to activate under the rudimentary and basic but not to the point of serious enough to wipe it off the ground.

Before Elon Musk helped Dogecoin hype, Dogecoin was indeed a popular old project. Quite a number of investors use Dogecoin to send funds from
one exchange to another, this is because Dogecoin transaction fees are quite cheap. So I'm sure Dogecoin will survive and won't disappear without
Elon Musk's help, but maybe the price of Dogecoin will be harder to pump if Elon Musk doesn't help. Elon Musk doesn't want to make Dogecoin
the best coins, but he promotes Bitcoin to make profit for himself. So indeed Dogecoin will always use it if Elon Musk decides to stop promoting Bitcoin.
My advice is that meme coins like Dogecoin are not a good choice of coins for investment, in fact I only use Dogecoin to send funds or to use for gambling.

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No need for Elon to exert his influence to bend the value of Doge coin, it still exists and operates in the cryptocurrency market with its own niches with its own value from the support of the community that loves it. . I guess, Somehow, the current meme movement is just a temporary catalyst rather than a sustainable existence for a platform that lacks performance and utility. The pump can continue to activate under the rudimentary and basic but not to the point of serious enough to wipe it off the ground.

Topic: Will Dogecoin survive without Elon Musk? (Read 1620 times)