What is the future of the Dogecoin?

[Freemind]

Doge and shiba are good memes coin with good potentials.
We all know that most memes coin are merely for short term investment.
But doge on the other hand may still good for long term investment.
Despite its movement most time depends on the news backing it.

I agree with you in part, but that's also part of the problem. For some time now, Dogecoin's movements have been based on what Elon Musk says or does, and that is precisely centralizing a project on the actions of a famous person. That simple fact goes against the decentralization and spirit of Bitcoin along with the vision of Satoshi and the rest of cryptocurrencies. I think Dogecoin at the beginning could have been fun, since Musk first talked about it, it stopped being fun.

[Tribalchief]

Dogecoin is a good coin and its future is good but from last 2 weeks the price of the Dogecoin is going down regularly so what is the reason and why it comes down.

So many factors contribute to a coin's price drop. Besides, we cannot expect a win-win situation every day. The project was strongly promoted some months back, but it still isn't clear what it has to offer. This should be a regular buy-and-hold situation if we truly trust the project, and the price is still favorable.

[Decora50]

The future of Dogecoin is definitely good since Elonmusk took charge of Dogecoin. After the Bitcoin halving, if the price of Bitcoin increases, the price of all altcoins will definitely increase. Therefore, if you can invest in the present time, you can definitely get huge benefits.

[Decora50]

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[Wiseman]

Dogs have one future, they will fly to the moon as before))) this is one of the most speculative coins, this year I made a little money on it without breaking my head just put LONG when the whole market was rising and dogs showed one of the best results.

[Ghozrd]

the dogecoin community is very big, recently there was an idea to write the token and you can trade on gas fees using Dogecoin, there will be many surprises in 2024, I have been waiting for something like this for a long time

[therozaq]

Dogecoin is a good coin and its future is good but from last 2 weeks the price of the Dogecoin is going down regularly so what is the reason and why it comes down.

No CEO in dogecoin, I never think about the future of this coin.
We should invest in the coin that have good team and  also have good project.
Maybe BTC, BNB, SOL, DOT are better than you invest in meme coin.
Meme coin is more risky.
But It's Do with your own risk.
Be careful...

[jonathancool220]

Just joking about this DOGE coin, don't take it seriously because it will make us dizzy.
I found a lot of beauty in the DOGE coin because DOGE is so loved by Elon Musk, who definitely has a good future.
The richest people in the world just buy and trade DOGE coins, which means that DOGE coins are targeted by billionaires to make a profit. This is clearly something good about the DOGE coin!

[MUGNIA]

Dogecoin is a good coin and its future is good but from last 2 weeks the price of the Dogecoin is going down regularly so what is the reason and why it comes down.

No CEO in dogecoin, I never think about the future of this coin.
We should invest in the coin that have good team and  also have good project.
Maybe BTC, BNB, SOL, DOT are better than you invest in meme coin.
Meme coin is more risky.
But It's Do with your own risk.
Be careful...

Doge is indeed a meme coin, but not just any meme, if it was a meme that didn't have the appeal of Elon Musk, he wouldn't have chosen it as his favorite meme coin and he once made Doge fly almost to the moon, even though it didn't reach the price of 1$, it has provided multiple profits for the players. his love.
The risk will definitely be borne by each individual. Don't blame other people because the decision is in our hands, they only have opinions and give suggestions, not to be implemented.

[JahriMeayer]

Future of any crypto, can't be predicted. And when it's about memecoin, nobody will give any kind of assurance about the good Future of dogecoin cause all of memecoins are created for short term fun without promising for long existence but i think doge may have future cause it already prove that this coin has potential and now elon mainly behind doge.. if anything happened then elon will be responsible among people. So I don't think doge will crash or downfall soon.. although we shouldn't trust any memecoin blindly

[Freemind]

the dogecoin community is very big, recently there was an idea to write the token and you can trade on gas fees using Dogecoin, there will be many surprises in 2024, I have been waiting for something like this for a long time

There are many ideas, the really difficult thing is to materialize them into something solid. Doge has not been developed for a long time and most Doge holders are simply waiting for Musk to say or do something to increase the price. Some users may start something worthwhile, but almost all of those initiatives are finished or abandoned when it comes time to add funds to the project, something we have seen many times. Still, it would be interesting to see some development in Doge, that would give it authentic value and the price wouldn't be as artificial as it is now.

[Papusha20]

Dogecoin was a low level in the beginning from where the project was taken over by a famous owner named Elon musk. After Elon musk adopted this technology, many investors invested in this project and its price went up to 0.70 cents. The project has grown tremendously since changing hands and is in a much better position at its current position. I think in the future if bitcoin price improves after bitcoin halving then dogecoin price will be more likely to be 1 to 2 dollars. So all the coins are good enough to invest now as the price is at an all-time low, it will surely make an all-time high in a few months. Then the future of Dogecoin will be successful.

[I-Bit]

The future of Dogecoin is definitely good since Elonmusk took charge of Dogecoin. After the Bitcoin halving, if the price of Bitcoin increases, the price of all altcoins will definitely increase. Therefore, if you can invest in the present time, you can definitely get huge benefits.

Does Elon Musk take charge Dogecoin? I don't think so. Elon Musk just made a hype of Dogecoin in the previous bullish season. But it is no longer happening in the current bullish season. The hype and trend of crypto coins have changed, meme coins are no longer as hype as previously. I think it is not really safe to invest in Dogecoin for now. We are not in the big hype of meme coin anymore.

[pawel7777]

Don't want to be starting a new topic so will ask here.
Since it's been a while since I have been following GOGE's affairs - does it have any active dev team supported by the community? Are there any projects going around or anything interesting in the pipeline?
Seems like sponsoring that Nascar car was DOGE's top highlight and despite having much larger number of owners, nobody comes up with any initiatives.

[IvugeoEvolutionCoin]

Don't want to be starting a new topic so will ask here.
Since it's been a while since I have been following GOGE's affairs - does it have any active dev team supported by the community? Are there any projects going around or anything interesting in the pipeline?
Seems like sponsoring that Nascar car was DOGE's top highlight and despite having much larger number of owners, nobody comes up with any initiatives.

It is possible that Elon Musk provides an opportunity to accept transactions to purchase electric car products that he owns using Dogecoin payments. When that happens, it will increase the price of Dogecoin because a product owned by Elon Musk has an expensive price, whereas if payment uses Dogecoin, then they have to buy Dogecoin on the exchange, which will make the price rise.