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Author Topic: Stop treating Doge as a meme coin and thinking that it's all about Musk  (Read 14284 times)

Offline debra

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #30 on: August 13, 2024, 10:25:50 PM »
Everyone may hope from what you said that Elon will pay attention to Doge. Actually it is very bad for the development of Doge itself, because through its fairly large community until now, Doge is still able to survive at the best level in the ranking on CMC.
The proof is, when bitcoin reached ATH, almost all meme coins could move up, including Doge, without any interference from Elon, so there is always power that Doge has to be able to increase.
I think doge holders will not think about moving their funds to other meme coins because it is too risky compared to holding them in doge, which will definitely be able to rise.
We know a meme coin mostly relying on the hype to grow its price. So, it is very hard for Dogecoin to increase its price significantly if there is no hype in Dogecoin anymore. Moreover, there are too many meme coins now, Dogecoin has too many competitors. Even if Dogecoin already has a big market cap, it doesn't guarantee to make Dogecoin price increasing constantly. It is not impossible that someday Dogecoin price drops severely because the investors decide to leave it. Why Doge holders will move their funds to other meme coins? It is because they know it will be more difficult to get profits in Dogecoin if there is no longer hype there.


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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #30 on: August 13, 2024, 10:25:50 PM »

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Offline yohananaomi

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #31 on: August 15, 2024, 04:48:05 AM »
Everyone may hope from what you said that Elon will pay attention to Doge. Actually it is very bad for the development of Doge itself, because through its fairly large community until now, Doge is still able to survive at the best level in the ranking on CMC.
The proof is, when bitcoin reached ATH, almost all meme coins could move up, including Doge, without any interference from Elon, so there is always power that Doge has to be able to increase.
I think doge holders will not think about moving their funds to other meme coins because it is too risky compared to holding them in doge, which will definitely be able to rise.
We know a meme coin mostly relying on the hype to grow its price. So, it is very hard for Dogecoin to increase its price significantly if there is no hype in Dogecoin anymore. Moreover, there are too many meme coins now, Dogecoin has too many competitors. Even if Dogecoin already has a big market cap, it doesn't guarantee to make Dogecoin price increasing constantly. It is not impossible that someday Dogecoin price drops severely because the investors decide to leave it. Why Doge holders will move their funds to other meme coins? It is because they know it will be more difficult to get profits in Dogecoin if there is no longer hype there.
We can not avoid reality, as you say, but once again, Doge is a coin meme that is very different from other coin memes, because after all, this is a coin meme that can reach its peak and get the best ranking and it is very difficult. There will be a substitute that will be the same as Doge for now or maybe in the future.
Doge has a pretty good community even though it cannot prevent someone like Elon who can continue to contribute, even though through his tweet, Elon might still do it in a way that, of course, we did not know until now, even though Doge should not be fixed again with a routine like this.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #31 on: August 15, 2024, 04:48:05 AM »

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Offline pieppiep

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #32 on: August 15, 2024, 06:04:20 AM »
We can not avoid reality, as you say, but once again, Doge is a coin meme that is very different from other coin memes, because after all, this is a coin meme that can reach its peak and get the best ranking and it is very difficult. There will be a substitute that will be the same as Doge for now or maybe in the future.
Doge has a pretty good community even though it cannot prevent someone like Elon who can continue to contribute, even though through his tweet, Elon might still do it in a way that, of course, we did not know until now, even though Doge should not be fixed again with a routine like this.
Dogecoin has indeed achieved incredible heights, but the crypto market is very dynamic and full of surprises. To stay relevant, Dogecoin needs to continue to innovate and strengthen its community. In addition, Dogecoin investors must also be prepared for the potential emergence of new competitors.

What do you think will be the determining factor for Dogecoin's success in the future? Will there be another price increase like in the past?

Offline yohananaomi

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #33 on: August 19, 2024, 12:54:51 AM »
We can not avoid reality, as you say, but once again, Doge is a coin meme that is very different from other coin memes, because after all, this is a coin meme that can reach its peak and get the best ranking and it is very difficult. There will be a substitute that will be the same as Doge for now or maybe in the future.
Doge has a pretty good community even though it cannot prevent someone like Elon who can continue to contribute, even though through his tweet, Elon might still do it in a way that, of course, we did not know until now, even though Doge should not be fixed again with a routine like this.
Dogecoin has indeed achieved incredible heights, but the crypto market is very dynamic and full of surprises. To stay relevant, Dogecoin needs to continue to innovate and strengthen its community. In addition, Dogecoin investors must also be prepared for the potential emergence of new competitors.

What do you think will be the determining factor for Dogecoin's success in the future? Will there be another price increase like in the past?
In my opinion, doge will be able to move up in time when the community is able to work together to continue to push doge in the trading that is carried out so that it attracts other investors to also want to invest in doge.
Doge has been fixated on Elon and should start to forget that and not have to keep expecting too much from him, because he is only looking for popularity for doge.
Hopefully, this will be able to make the community more compact because what has been hoped for is no longer there.

Offline alltalk

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #34 on: August 20, 2024, 11:55:29 PM »
Dogecoin has indeed achieved incredible heights, but the crypto market is very dynamic and full of surprises. To stay relevant, Dogecoin needs to continue to innovate and strengthen its community. In addition, Dogecoin investors must also be prepared for the potential emergence of new competitors.
Yep. Dogecoin really achieved big increase in the past, Elon Musk was the main factor. Now, there is no factor of Elon Musk anymore. Dogecoin seems not increasing well although it stays in top 10 coins until now. Sure, Dogecoin needs to have a new innovation to deal with the current trend. There are too many kinds of meme coins now. PEPE is one of the strongest competitor of Dogecoin.

What do you think will be the determining factor for Dogecoin's success in the future? Will there be another price increase like in the past?
The price increase won't be like in the past. But it is not impossible that we may have a pump of Dogecoin price again.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #35 on: August 21, 2024, 03:12:45 AM »
What do you think will be the determining factor for Dogecoin's success in the future? Will there be another price increase like in the past?
The price increase won't be like in the past. But it is not impossible that we may have a pump of Dogecoin price again.
Although many still hope for Elon's role in increasing Doge, it will no longer be possible because he himself has a lot of work to do. Doge will be able to continue to shine if there is innovation that can be done and the community is willing to work together to provide encouragement for active trading to occur again. Nothing is impossible with the best ranking that is carried, proving that Doge can still do that when Bitcoin increases sharply.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #36 on: August 24, 2024, 11:47:48 PM »
Although many still hope for Elon's role in increasing Doge, it will no longer be possible because he himself has a lot of work to do.
Is he busy with X-projects? Or he has no spare time because supporting Trump? Well, he will be always busy but it should be not the main reason that he is no longer supporting Doge or meme coins.  :D

Doge will be able to continue to shine if there is innovation that can be done and the community is willing to work together to provide encouragement for active trading to occur again.
What innovation actually we can expect from Doge team? Can you share your opinion, mate?
I agree we need an innovation, but it looks like not easy for Doge team to do it. The idea of having Doge trading competition, staking, farming, and the like won't impact for a long time.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #36 on: August 24, 2024, 11:47:48 PM »


Offline kai

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #37 on: August 25, 2024, 04:58:09 AM »
Although many still hope for Elon's role in increasing Doge, it will no longer be possible because he himself has a lot of work to do.
Is he busy with X-projects? Or he has no spare time because supporting Trump? Well, he will be always busy but it should be not the main reason that he is no longer supporting Doge or meme coins.  :D
....
And if one day happens if Elon Musk writes on his Twitter about Doge coins, then what your hopes will happen for Doge coins?

This is only a parable of hope because "if it happens" and Elon Musk is an accomplished scavenger who is smart to find a profit behind his popularity.
This is a business, everything can happen and what your hopes for Doge coins will be supported by Elon Musk again?
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Offline alltalk

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #38 on: August 25, 2024, 11:19:40 PM »
And if one day happens if Elon Musk writes on his Twitter about Doge coins, then what your hopes will happen for Doge coins?
This is only a parable of hope because "if it happens" and Elon Musk is an accomplished scavenger who is smart to find a profit behind his popularity. This is a business, everything can happen and what your hopes for Doge coins will be supported by Elon Musk again?
Everyone expects the pump on Dogecoin price. When Elon Musk writes something about Dogecoin in his X-account or Twitter account, it is the only thing to be expected. I think if you are holding Dogecoin, you must expect the same thing, right?  :D

Sure, it is only about a business, Elon Musk does it with a business purpose. He is a smart businessman, he knows well when the right time to make a hype. Maybe if he becomes a part of US government, he can easily bring the hype into any coin. We know there is an issue that Trump want him to join US government if Trump is elected to be US government again.

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Offline yohananaomi

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #39 on: August 26, 2024, 12:49:58 AM »
And if one day happens if Elon Musk writes on his Twitter about Doge coins, then what your hopes will happen for Doge coins?
This is only a parable of hope because "if it happens" and Elon Musk is an accomplished scavenger who is smart to find a profit behind his popularity. This is a business, everything can happen and what your hopes for Doge coins will be supported by Elon Musk again?
Everyone expects the pump on Dogecoin price. When Elon Musk writes something about Dogecoin in his X-account or Twitter account, it is the only thing to be expected. I think if you are holding Dogecoin, you must expect the same thing, right?  :D

Sure, it is only about a business, Elon Musk does it with a business purpose. He is a smart businessman, he knows well when the right time to make a hype. Maybe if he becomes a part of US government, he can easily bring the hype into any coin. We know there is an issue that Trump want him to join US government if Trump is elected to be US government again.
Until now, I think many people still hope for Elon's influence to increase Doge, but we know that Elon will contribute if it is profitable and gives full popularity to himself and his business. I agree that maybe if DT is elected, fellow business people will clearly support each other. The possibility of Elon's role could happen again, but that also cannot be a guarantee because it could not be to Doge or to other coins. What is important for him is that his popularity can be maintained properly.

Offline kai

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #40 on: August 26, 2024, 05:46:26 AM »
And if one day happens if Elon Musk writes on his Twitter about Doge coins, then what your hopes will happen for Doge coins?
This is only a parable of hope because "if it happens" and Elon Musk is an accomplished scavenger who is smart to find a profit behind his popularity. This is a business, everything can happen and what your hopes for Doge coins will be supported by Elon Musk again?
Everyone expects the pump on Dogecoin price. When Elon Musk writes something about Dogecoin in his X-account or Twitter account, it is the only thing to be expected. I think if you are holding Dogecoin, you must expect the same thing, right?  :D

Sure, it is only about a business, Elon Musk does it with a business purpose. He is a smart businessman, he knows well when the right time to make a hype. Maybe if he becomes a part of US government, he can easily bring the hype into any coin. We know there is an issue that Trump want him to join US government if Trump is elected to be US government again.
https://x.com/elonmusk/status/1825723913051000851

Please check the X account from Elon, he gives a dashing speech and at the speech table there is a pretty large writing "D.O.G.E", can you see it?
With such evidence, did the Doge price rise when Elon tweeted his status on X?

Then the symbol for the back of his speech is also like what you say is for a campaign in the US, right?
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Offline Stompix

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #41 on: August 26, 2024, 06:17:17 AM »
What innovation actually we can expect from Doge team? Can you share your opinion, mate?
I agree we need an innovation, but it looks like not easy for Doge team to do it. The idea of having Doge trading competition, staking, farming, and the like won't impact for a long time.

What innovation had Bitcoin over the last 10 years? No defi, no staking, no smart contracts, no meme, yet it still beats the crap out of every single other currency out here.

Same with doge, can you buy PEPE at any ATM? Nope, but there are 10 000 crypto ATM where you can buy doge  ;)
How many people buy stuff with any other meme coin? Doge managed 2 million transactions a day, cheap, fast, and accepted everywhere.
I've seen hundreds of flashy coins that got billions in investment and had all those fancy things attached, yet now they are on the 2rd or 3th page of coinmarketcap,  you can have a hundred features if nobody is interested in it then they are useless.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #42 on: August 27, 2024, 02:55:15 AM »
Same with doge, can you buy PEPE at any ATM? Nope, but there are 10 000 crypto ATM where you can buy doge  ;)
How many people buy stuff with any other meme coin? Doge managed 2 million transactions a day, cheap, fast, and accepted everywhere.
I've seen hundreds of flashy coins that got billions in investment and had all those fancy things attached, yet now they are on the 2rd or 3th page of coinmarketcap,  you can have a hundred features if nobody is interested in it then they are useless.
The new memecoin that it said could beat DOGE didn't even last long at the top and was displaced by other coins.
Billions of dollars are invested only as Exit liquidity by those who invest at the beginning when the price is very cheap and then there is no hype any more even though it has some staking, defi, gaming features etc but in the end it will just be forgotten.

Unlike DOGE, which is the top memecoin that has not been replaced by other memecoins, the real memecoin is actually.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #43 on: August 27, 2024, 09:07:17 AM »
~
The new memecoin that it said could beat DOGE didn't even last long at the top and was displaced by other coins.

Is there another meme coin surpassing PEPE?
My impression is that right now the standing is still Doge, Shiba, Pepe, is there another one that is not on Coingecko?

Now I do not see any future in Pepe against others, but it wasn't as bad as one could have imagined, Doge is down 20% on month, Pepe is 30%, taking into account ETH is 17%, it's not that bad.

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Re: Stop treating Doge as a meme coin and thinking that it's all about Musk
« Reply #44 on: August 27, 2024, 11:54:22 PM »
https://x.com/elonmusk/status/1825723913051000851
Please check the X account from Elon, he gives a dashing speech and at the speech table there is a pretty large writing "D.O.G.E", can you see it? With such evidence, did the Doge price rise when Elon tweeted his status on X?
Then the symbol for the back of his speech is also like what you say is for a campaign in the US, right?
You don't need to remind me about this. I know it.
D.O.G.E is an abbreviation of "Department of Government Efficiency". You can see it clearly, right?
Whether it has correlation with Dogecoin or not, no one knows! Sure, it may bring a little impact with Doge price. But it won't last a long time. There will be no massive impact, too. So, don't expect too much on Elon Musk anymore.

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