Will Dogecoin survive without Elon Musk? - page 4.

stadus

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Quote from: darmin on October 11, 2021, 01:52:25 AM

I think Dogecoin is just for a joke, and basically just that. But if Elon Musk sees it as a project that can make him add to the coffers of wealth, it could be that Dogecoin will still strengthen.

Elon Musk is done with Dogecoin, look at the price movement of this coin, it barely moves anymore because he is not hyping it. There's no reason for him to hype Doge cause investors already know they got FOMO and now they are just holding a bag of Doge which in the long run it will just likely burst.

This is a one month performance.

https://coinmarketcap.com/currencies/dogecoin/

As you can see, it only moved at 0.20 (+-) compared ot the past movement were we can see some significant growth.

darmin

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Quote from: chaser15 on October 10, 2021, 06:46:50 PM

Surviving is easy for Dogecoin but it will stay at on low price and low volume like the status of it before Elon Musk creates a sound for it.

But without a big wave again from Elon Musk or the same big personality equal to him, Dogecoin won't experience again that big increase in the market.

Trade with limits and don't be carried away for any attempt to shill Doge.

It's just being careful if you want to hold Dogecoin for a long time. Yes, it could be that Elon Musk just feels less work, so raise something project to be used as self-entertainment only. Have a makeshift, do not focus too much on the project that was originally just for the material of jokes.

darmin

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I think Dogecoin is just for a joke, and basically just that. But if Elon Musk sees it as a project that can make him add to the coffers of wealth, it could be that Dogecoin will still strengthen.

bitterguy28

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Quote from: chaser15 on October 10, 2021, 06:46:50 PM

Surviving is easy for Dogecoin but it will stay at on low price and low volume like the status of it before Elon Musk creates a sound for it.

Agreed , dogecoin use to be a Gambling money because the cheaper fee this can offer but when Elon Musk step on it, things change and this become a Pump and dump coin.

Quote

But without a big wave again from Elon Musk or the same big personality equal to him, Dogecoin won't experience again that big increase in the market.

there is nothing happening now again as elon keeps the silence .

Quote

Trade with limits and don't be carried away for any attempt to shill Doge.

and this coin is not even good for long term holding so just buy when you think right timing and prevent when it is not.

chaser15

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Surviving is easy for Dogecoin but it will stay at on low price and low volume like the status of it before Elon Musk creates a sound for it.

But without a big wave again from Elon Musk or the same big personality equal to him, Dogecoin won't experience again that big increase in the market.

Trade with limits and don't be carried away for any attempt to shill Doge.

Rabi3

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It depends on what you mean by "survive" if you meant that dogecoin would be dead and forgotten then I don't think so, this coin was doing well before Elon intervened and adopted it, but the hype that he gave dogecoin by being it and tweeting about it made it go insanely high so if the reason that made dogecoin get this high goes away then almost everything it did to it will go away too, it will slowly decrease until people forget about it.

desticy

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Don't you think it's strange that Doge survived without Ilona before?
It is obvious that Elon played a certain role, but he was not alone, Reddit users also contributed to the growth of the coin.
Therefore, I doubt that Doge will have problems with survival without Ilona's support.

Abiky

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Quote from: FinneysTrueVision on September 30, 2021, 09:49:37 PM

Memecoins are subject to extreme volatility. For newbie investors this is not good and many of them will want to get out as soon as there is a big crash. The user base has grown a lot thanks to Elon Musk but there is only so much one person can do. We have seen it cool off recently and Elon hasn't tweeted much about it. There is only so much you can say about a coin with a dog's face as it's symbol. Doge is mainly just a pump and dump coin right now. It does not have much utility and isn't great as a store of value. It will go away like a lot of shitcoins if we don't see meaningful development and adoption soon.

Agree. Dogecoin won't last for long without active development and innovation. The hype seems to be coming to an end, so it should only be a matter of time before prices go all the way down the drain. It's not about what a prominent figure like Elon Musk says about Dogecoin, but rather what real use cases it provides in the mainstream world.

Newcomers seem to think that "meme" coins are meant to be successful in the long run, probably because they've seen DOGE go all the way to the moon in an instant. We all know it really doesn't work that way. I'm afraid SHIBA INU and the rest of the other Dogecoin clones will fade into oblivion faster than you could've ever imagined. DOGE might survive without Elon Musk, but it won't have the same luster as it did before. Crypto land behaves in mysterious ways, so anything can happen in the future. Just my thoughts Grin

kak uli

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Quote from: Oneandpure on September 26, 2021, 05:30:42 AM

Little confused why Elon Musk keep silent and never talk about cryptocurrency any more, does he got everything so far in cryptocurrency or any one give him warning never tweet and make any opinion again about cryptocurrency and doge coin exactly. Almost two months Elon Musk never give his opinion and make tweet about doge coin maybe with price still dump or he got much profit before.

a businessman who he knows is profit, however he must earn it. what we know with Elon Musk is a businessman who has been in crypto some time ago and became a big investor in Dogecoin. maybe since dogecoin's rise that surpassed Elon musk has found his advantage and now he's just sitting back enjoying what he's got from Dogecoin.

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Quote from: Wahyuihib on October 04, 2021, 07:46:22 AM

Elon Musk does play an important role in the development of Doge in general. So if you look at all of this, it's certainly very difficult in my opinion if Elon Musk will leave Doge, after what he did to increase the price of Doge.

He was the only initiator where Doge coin came to limelight and the price surged to its ATH. But now seems to be more stable around and might not be that much dependent now with Elon tweets for rise or fall. Though some big players if buy and promote it will just help doge coin to cross that 0.5$ mark again.

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Dogecoin experienced a major correction after recording an all-time high (ATH) some time ago, Dogecoin drop are common for cryptocurrency once they hit ATH. Although it will still fluctuate, Dogecoin still has a bright prospect in the future. Its growing adoption and use is the key to dogecoin survival. Dogecoin has a strong community working for the general adoption and development of Dogecoin as an alternative method of transacting value, and is backed by the Dogecoin development Team which has many plans even beyond Dogethereum.

Wahyuihib

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Elon Musk does play an important role in the development of Doge in general. So if you look at all of this, it's certainly very difficult in my opinion if Elon Musk will leave Doge, after what he did to increase the price of Doge.

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Quote from: Dinda mayasi on October 03, 2021, 06:31:08 PM

Who is Elon? Many still don't know who he is. Even though it has gone viral because of his statement on social media. I think the market is more affected by the rise in BTC and ETH prices, these two things are far more influential than Elon. Doge is an old coin that has also accompanied BTC and other coins throughout history.

What are you saying?

all that involving in crypto already knew who Elon Musk is , seems like you are the only person here who Knows nothing about Elon's participation in the whole crypto activities .

________________________________________________________

Dogecoin will survive of course but this will not climb any higher again without the help of other whales or celebrity to increase the value .

Dinda mayasi

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Who is Elon? Many still don't know who he is. Even though it has gone viral because of his statement on social media. I think the market is more affected by the rise in BTC and ETH prices, these two things are far more influential than Elon. Doge is an old coin that has also accompanied BTC and other coins throughout history.

geegaw

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Quote from: tarable on October 03, 2021, 05:48:37 AM

Quote from: noah tall on September 29, 2021, 01:44:35 PM

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.

If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.

Dogecoin is one of crypto's primitive time pieces, its early years were its most prosperous and although there were times when it fell to the point of almost disappearing value but with the spiritual value of the original coins, dogecoin is still retained to serve to reduce transaction costs when at that time, revolutions in costs as well as transaction confirmation are very little innovation. Until now, the market has undergone many surgeries and started to lower the old base coins with low quality, combined with the burning of longevity due to Elon Musk, Dogecoin probably doesn't have much time with the market

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Quote from: Russlenat on October 03, 2021, 06:24:09 AM

Quote from: btc78 on October 03, 2021, 05:58:58 AM

Quote from: tarable on October 03, 2021, 05:48:37 AM

Quote from: noah tall on September 29, 2021, 01:44:35 PM

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.

If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.

Lol there is no way that coins like this will disappear , yeah Meme coins is not that well to trust coin but never that it will be dead at any chances.
also Dogecoin is what i am using in my gambling activities in the past though recently the site that i usually played with dogecoin has already closed so i need to find one again.

Doge will not disappear, exchanges will continue to list DOGE because they are benefiting from it, the probable scenario would only be Doge going down its value because there's no hype anymore, and even if Elon will not leave and continue to shill, people would not bite it anymore as the hype is over, whales already made a profit on this coin.

Dogecoin is an old coin that is quite popular and is listed on many exchanges, even in the future there is the possibility of listing on several
new exchanges. So I am optimistic that Dogecoin will survive and will not disappear, indeed the price of Dogecoin is now very low, but that
does not mean Dogecoin will die. As you said, Dogecoin prices tend to fall because there is no hype anymore. Then regarding Elon Musk,
I believe Dogecoin will survive without him. After all Elon Musk already has a bad reputation in the crypto world, the crypto community no longer
believes anything Elon Musk says. So even if Elon Musk tries to promote Dogecoin it won't succeed in creating hype anymore.

Russlenat

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Quote from: btc78 on October 03, 2021, 05:58:58 AM

Quote from: tarable on October 03, 2021, 05:48:37 AM

Quote from: noah tall on September 29, 2021, 01:44:35 PM

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.

If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.

Lol there is no way that coins like this will disappear , yeah Meme coins is not that well to trust coin but never that it will be dead at any chances.
also Dogecoin is what i am using in my gambling activities in the past though recently the site that i usually played with dogecoin has already closed so i need to find one again.

Doge will not disappear, exchanges will continue to list DOGE because they are benefiting from it, the probable scenario would only be Doge going down its value because there's no hype anymore, and even if Elon will not leave and continue to shill, people would not bite it anymore as the hype is over, whales already made a profit on this coin.

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Quote from: tarable on October 03, 2021, 05:48:37 AM

Quote from: noah tall on September 29, 2021, 01:44:35 PM

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.

If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.

Lol there is no way that coins like this will disappear , yeah Meme coins is not that well to trust coin but never that it will be dead at any chances.
also Dogecoin is what i am using in my gambling activities in the past though recently the site that i usually played with dogecoin has already closed so i need to find one again.

Quote from: ?? on ??

Dogecoin will definitely survive without Elon Musk. Though he holds a large quantity, he's not the only big investor in the coin. And if for any reason the coin price should go down, it'll be as a result of panic from other holders.
Dogecoin price was good before the elon musk effect. Elon opting out will only reduce it's value a bit, but yes, it'll survive.

he might have large quantity but the thing is Will he dumped this coin in the future? and this is what I'm afraid of.

tarable

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Quote from: noah tall on September 29, 2021, 01:44:35 PM

The Doge hype has already over, but I don't think it will vanish like other meme coins. it has no proper use case but It is being used for trading, gifting, and buying gifts cards and It is also the most popular meme coin, so It cant be vanished.

If Dogecoin must disappear in cryptocurrency, then the time is not now, but since in the past it should have disappeared when the price was 10 satoshi, now the question is why did Dogecoin not disappear at that time and still survives until now? and I'm sure you know the answer.

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Quote from: FinneysTrueVision on September 30, 2021, 09:49:37 PM

Memecoins are subject to extreme volatility. For newbie investors this is not good and many of them will want to get out as soon as there is a big crash. The user base has grown a lot thanks to Elon Musk but there is only so much one person can do. We have seen it cool off recently and Elon hasn't tweeted much about it. There is only so much you can say about a coin with a dog's face as it's symbol. Doge is mainly just a pump and dump coin right now. It does not have much utility and isn't great as a store of value. It will go away like a lot of shitcoins if we don't see meaningful development and adoption soon.

Doge doesn't have any updates to attract investors it's just the hype from Elon Musk,

Now that he's quite nothing much is moving behind this coin, more investors already shift to other potential projects and start to forget this coin,

some may dumped they coin due to frustrations and some still hold and think that for long term it may comeback and reached $1 or more.

You really need to have a better plan if still thinking of trying your luck with this coin.

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