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Author Topic: The special appeal of Dogecoin  (Read 1290 times)

Offline enwi

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Re: The special appeal of Dogecoin
« Reply #15 on: April 29, 2024, 01:15:45 PM »
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.
we don't know and can't make a decision quickly, there is still the possibility that Elon Musk will provide support for Dogecoin, Elon Musk is a visionary who is very rich, so with all the assets he has, anything can happen. Elon Musk was even able to buy the Twitter company when he had problems with his account tweets.

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Re: The special appeal of Dogecoin
« Reply #15 on: April 29, 2024, 01:15:45 PM »

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Re: The special appeal of Dogecoin
« Reply #16 on: May 04, 2024, 11:25:10 PM »
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. :)
Elon Musk's involvement has only amplified the FOMO surrounding DOGE. Even before Elon Musk's involvement, DOGE had already experienced significant success during the bullrun 2017. I believe memecoins have become an integral part of the crypto market, and DOGE will continue to see impressive price gains as the memecoin trend returns during this bullrun.

DOGE utilizes the same POW technology as BTC, and the DOGE community is also very large. The only significant difference is that DOGE has an unlimited supply. These characteristics could help DOGE gain acceptance as a means of payment, similar to what BTC was once expected to achieve. I believe "funny memecoin" are just the early stages of mass adoption that DOGE could achieve in the future.
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