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Dogecoin Forum / Re: Future of dogecoin
« on: May 29, 2024, 07:33:38 PM »Many meme coins emerged after the Doge coin boom at that time, even now we would have difficulty counting how many meme coins there are today.Maybe now people are no longer influenced by Elon Musk, so what they do no longer has a big influence on Doge, unlike when Doge first boomed because of Elon Musk.
There is some truth in speculating by choosing new meme coins that are currently popular such as Shiba and Pepe, but I think for now Doge is still on the right track.
It is also possible that in the future Doge will remain the most popular and most expensive meme coin.
Being first of a kind, dogecoin have much more chances than other meme-coins to stay alive. Dogecoin is so popular already, that it will be hard to kick it out from the top among altcoins. I think that for dogecoin, it is a high chance that it will stay on top, but its price wont have a major growth. It will only correct and adopt to Bitcoin growth. I think market is so well known with dogecoin, that it wont believe in growth and pumps anymore. In addition there is no trend for meme-coins as it used to be. Today dogecoin price is 16 cents, I think maximum it will cost less than 50 cents. And I dont believe it will ever cost $1 or more.
Many people have been looking for Doge coin for a long time because of its cheap price and very cheap transaction fees via Doge coin.
I am also sure that Doge will remain the king of meme coins, even though there are currently many new meme coins.