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Author Topic: The special appeal of Dogecoin  (Read 5116 times)

Online Metha Wulandarin

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The special appeal of Dogecoin
« on: February 27, 2024, 03:55:15 PM »

Dogecoin is a community-driven cryptocurrency that was inspired by a Shiba Inu meme. The Dogecoin Core software allows anyone to operate a node in the Dogecoin blockchain networks and uses the Scrypt hashing method for Proof of Work. It is adapted from Bitcoin Core and other cryptocurrencies.
Sc : https://github.com/dogecoin/dogecoin/blob/master/README.md
I'm actually a little surprised by this meme coin, from the beginning of my entry into the crypto world, the first coin I knew was Dogecoin.
Dogecoin has no partners and no ecosystem, when compared to the new projects that are now being hype I think Dogecoin is far different but why are many people interested in Dogecoin even though this is just a meme coin that everyone doesn't know what the future will be like including myself.

From the picture above, has the Dogecoin circulation supply been exhausted from its total supply?
There continues to be demand from the community, will this be one of the reasons the Dogecoin price continues to rise?

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The special appeal of Dogecoin
« on: February 27, 2024, 03:55:15 PM »

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Offline IvugeoEvolutionCoin

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Re: The special appeal of Dogecoin
« Reply #1 on: March 04, 2024, 05:54:10 PM »
To be honest, Dogecoin is not what it used to be because as you have said, there are lots of new meme coins being created that have the potential to beat Dogecoin like what happened with Shiba and Pepe which are currently clearly soaring chasing the price of Dogecoin, I can't wait for Elon Musk make a post about Dogecoin again so that there will be price movements in Dogecoin.

Online Metha Wulandarin

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Re: The special appeal of Dogecoin
« Reply #2 on: March 17, 2024, 06:54:13 PM »
To be honest, Dogecoin is not what it used to be because as you have said, there are lots of new meme coins being created that have the potential to beat Dogecoin like what happened with Shiba and Pepe which are currently clearly soaring chasing the price of Dogecoin, I can't wait for Elon Musk make a post about Dogecoin again so that there will be price movements in Dogecoin.
If you have Dogecoin you should wait for Elonmask to tweet again but if it's just a little bit it's better to hold it, I only have a little Dogecoin, I forgot when I bought it, maybe I will hold it for a long time, because even if Dogecoin returns to $0.7 the value of my Dogecoin is not much but if the price is $2 maybe I will sell it. :)

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Re: The special appeal of Dogecoin
« Reply #3 on: March 17, 2024, 10:41:48 PM »
Dogecoin was the cheapest crypto coin at that time, but everything changed after Elon Musk came.  I see the supply of Dogecoin as unlimited, but if this is true that all Doge coins have been circulating on the market, then we will see a significant increase in prices because demand from traders in the market is very high, maybe this is the right time to buy Dogecoin.

Online electronicash

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Re: The special appeal of Dogecoin
« Reply #4 on: March 17, 2024, 10:49:06 PM »
Dogecoin was the cheapest crypto coin at that time, but everything changed after Elon Musk came.  I see the supply of Dogecoin as unlimited, but if this is true that all Doge coins have been circulating on the market, then we will see a significant increase in prices because demand from traders in the market is very high, maybe this is the right time to buy Dogecoin.

its not elon the first time i see doge to be good for trading. an influencer named Wang in crypto was wearing a Doge shirt when he was interviewed back in 2017 that made me invest in Doge.

they love to have doge in many casinos and they are trading massively that with just a small increment of its price it still become profitable. memecoins are like this with Shiba when it started in Robinhood.

Online Metha Wulandarin

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Re: The special appeal of Dogecoin
« Reply #5 on: March 24, 2024, 10:35:16 PM »
Dogecoin was the cheapest crypto coin at that time, but everything changed after Elon Musk came.  I see the supply of Dogecoin as unlimited, but if this is true that all Doge coins have been circulating on the market, then we will see a significant increase in prices because demand from traders in the market is very high, maybe this is the right time to buy Dogecoin.
Recently I saw a tweet on Twitter that Dogecoin is Bitcoin v2, I see in the comments section a lot of comments that reap controversy there are those who agree with this opinion there are also those who deny it, if you look deeper than Bitcoin and Dogecoin candles there are few similarities.

Offline bitterguy28

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Re: The special appeal of Dogecoin
« Reply #6 on: March 25, 2024, 05:29:32 AM »
Nowadays Dogecoin because a Money making tools of Elon musk ,i use to trust and have dogecoin over other crypto but now? while i still have yet only few from what i used to have because of manipulation that elon and the team brings.
no wonder now it was being used as a pump and dumping material of elon team.

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Re: The special appeal of Dogecoin
« Reply #6 on: March 25, 2024, 05:29:32 AM »


Online Metha Wulandarin

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Re: The special appeal of Dogecoin
« Reply #7 on: April 01, 2024, 12:15:28 AM »
Nowadays Dogecoin because a Money making tools of Elon musk ,i use to trust and have dogecoin over other crypto but now? while i still have yet only few from what i used to have because of manipulation that elon and the team brings.
no wonder now it was being used as a pump and dumping material of elon team.
I hope Dogecoin can break through ATH because I am sure that there are many people who have bought at high prices and now they are forced to hold it until Dogecoin returns to ATH or can pass ATH, there are many people who blame Elonmask and some are benefited by Elonmask's tweets.

Offline yohananaomi

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Re: The special appeal of Dogecoin
« Reply #8 on: April 10, 2024, 09:26:05 PM »
Nowadays Dogecoin because a Money making tools of Elon musk ,i use to trust and have dogecoin over other crypto but now? while i still have yet only few from what i used to have because of manipulation that elon and the team brings.
no wonder now it was being used as a pump and dumping material of elon team.
I hope Dogecoin can break through ATH because I am sure that there are many people who have bought at high prices and now they are forced to hold it until Dogecoin returns to ATH or can pass ATH, there are many people who blame Elonmask and some are benefited by Elonmask's tweets.
I think there's still plenty of time for Doge to be able to do that because the halving hasn't passed yet, and the improvements made are also very good, even though they're not optimal, but I can't really expect anything from Elonmusk anymore, because that's a role in the past. Apart from him changing his mind about intervening by buying and holding it, there might be an impact. So far, it has been the opposite.
Doge is still the best for all meme coins and its prospects remain high because the community is very large and this will influence its movement in the upgrade season.

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Re: The special appeal of Dogecoin
« Reply #9 on: April 10, 2024, 11:05:02 PM »

its the other way round,  SHIB is inspired by Doge. Doge was the first to arrived and then Shib.

there are more interest in doge despite its supply and how much its mined everyday is because its decentralized as well. no CEO anymore as that CEO already left the project. before Elon got his eyes on Doge, there are already lots of whale traders trading this coin and casinos are also accepting this coin. and then Elon makes it more popular.

but the goal is that when the coins is much cheaper, the more exciting for traders to accumulate as they are going to keep trading the coin for practice.

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Re: The special appeal of Dogecoin
« Reply #10 on: April 11, 2024, 05:56:20 PM »

its the other way round,  SHIB is inspired by Doge. Doge was the first to arrived and then Shib.

there are more interest in doge despite its supply and how much its mined everyday is because its decentralized as well. no CEO anymore as that CEO already left the project. before Elon got his eyes on Doge, there are already lots of whale traders trading this coin and casinos are also accepting this coin. and then Elon makes it more popular.

but the goal is that when the coins is much cheaper, the more exciting for traders to accumulate as they are going to keep trading the coin for practice.
So far I haven't seen any signs that Dogecoin will pass ATH, even though the Bitcoin halving hasn't happened yet but Dogecoin still needs 75% more to pass ATH not only Dogecoin but other coins that have real fundamentals and ecosystems also have melum passed 50% of ATH such as ftm and klay, maybe the journey to Altcoin season is still far away

Offline Stompix

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Re: The special appeal of Dogecoin
« Reply #11 on: April 12, 2024, 04:06:15 PM »
its the other way round,  SHIB is inspired by Doge. Doge was the first to arrived and then Shib.

The name of the dog's race is Shiba Inu!
https://en.wikipedia.org/wiki/Shiba_Inu

So far I haven't seen any signs that Dogecoin will pass ATH, even though the Bitcoin halving hasn't happened yet but Dogecoin still needs 75% more to pass ATH

I saw you repeating those percentages a few times, and It's not like that!
Dogecoin needs a 275% increase in price to go from the current price of 20 cents to the previous ATH.
A 75% increase would only add 15 cents.

Offline yohananaomi

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Re: The special appeal of Dogecoin
« Reply #12 on: April 16, 2024, 09:34:09 PM »

its the other way round,  SHIB is inspired by Doge. Doge was the first to arrived and then Shib.

there are more interest in doge despite its supply and how much its mined everyday is because its decentralized as well. no CEO anymore as that CEO already left the project. before Elon got his eyes on Doge, there are already lots of whale traders trading this coin and casinos are also accepting this coin. and then Elon makes it more popular.

but the goal is that when the coins is much cheaper, the more exciting for traders to accumulate as they are going to keep trading the coin for practice.
So far I haven't seen any signs that Dogecoin will pass ATH, even though the Bitcoin halving hasn't happened yet but Dogecoin still needs 75% more to pass ATH not only Dogecoin but other coins that have real fundamentals and ecosystems also have melum passed 50% of ATH such as ftm and klay, maybe the journey to Altcoin season is still far away
With the current price at 15 cents, of course, it will be difficult to hope to get past the ATH. When bitcoin passed ATH, the doge was only able to reach 22 cents. Not long afterward, it finally fell and there was no ability to increase again.
You are right, actually all coins also experience the same thing as dogs, they cannot provide the same surprises as bitcoin, even though there is an increase.
maybe after the halving there will be a surprise for all coins, wait for it because that is the hope to look forward to.

Offline yohananaomi

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Re: The special appeal of Dogecoin
« Reply #13 on: April 20, 2024, 05:56:16 AM »
To be honest, Dogecoin is not what it used to be because as you have said, there are lots of new meme coins being created that have the potential to beat Dogecoin like what happened with Shiba and Pepe which are currently clearly soaring chasing the price of Dogecoin, I can't wait for Elon Musk make a post about Dogecoin again so that there will be price movements in Dogecoin.
If you have Dogecoin you should wait for Elonmask to tweet again but if it's just a little bit it's better to hold it, I only have a little Dogecoin, I forgot when I bought it, maybe I will hold it for a long time, because even if Dogecoin returns to $0.7 the value of my Dogecoin is not much but if the price is $2 maybe I will sell it. :)
Ahahaha am equally waiting for Elon to make a tweet about it , prolly make it a payment method. It will be mindblowing tbh, I don’t own any $DOGE I bought with my money but from one reward task to another .. check latest update on bitget app , you might be lucky who knows ..
Many people still hope that Elon will do something with Doge like in the past, but it seems that this wish is difficult to come true, apart from the fact that there is an initiative from Elon to arrange that X payments must use Doge, like last time with Tesla. That possibility will be able to make the price of Doge increase.
But we will wait for everything to happen, but don't get your hopes up because Elon is a business executive, he will do it if it is profitable for himself and the company.

Offline TopT3ns

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Re: The special appeal of Dogecoin
« Reply #14 on: April 27, 2024, 07:14:56 AM »
Many people still hope that Elon will do something with Doge like in the past, but it seems that this wish is difficult to come true, apart from the fact that there is an initiative from Elon to arrange that X payments must use Doge, like last time with Tesla. That possibility will be able to make the price of Doge increase.
But we will wait for everything to happen, but don't get your hopes up because Elon is a business executive, he will do it if it is profitable for himself and the company.
Unfortunately Dogecoin probably won't get the support that Elon Musk did last year, because when Elon Musk took action like that a few days later he got into trouble and ended up dealing with the law and causing harm to himself.

 

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