Stop treating Doge as a meme coin and thinking that it's all about Musk

[alltalk]

If I call it Doge coin is the king of meme coins, if we look at the past Doge coin is the only meme coin that existed that used to have a cheap price than other coins.
As time goes by, Doge has changed with a tremendous increase. Even now Doge can compete with coins that are not meme coins, so now I agree and let's stop saying Doge is a meme coin.

Being the top 8 in CoinMarketCap and experiencing huge increase of its value, these never take away from the fact that Dogecoin has no fundamentals. Whatever the price of Dogecoin and whatever its rank in CMC, I personally will always assume Dogecoin is a meme coin. Sure, I see some people try to exclude Dogecoin from a part of meme coins. They even assume that Dogecoin has a fundamental, Elon Musk factor. But I never consider it is a real fundamental. IMO, Dogecoin will be a meme coin forever as long as there is no change in this coin.

[erus]

Until now Elon Musk has not provided any proper information about the DOGE coin and I am sure that Elon Musk will one day support the DOGE coin again because he has the power in X to change the price of the DOGE coin easily and quickly. Right now I also have a DOGE coin so I have a little faith in Elon Musk to support the DOGE coin and of course it is also possible that if the DOGE coin goes up then I will get a profit, at least maybe around 60%+.

[Vx1]

If I call it Doge coin is the king of meme coins, if we look at the past Doge coin is the only meme coin that existed that used to have a cheap price than other coins.
As time goes by, Doge has changed with a tremendous increase. Even now Doge can compete with coins that are not meme coins, so now I agree and let's stop saying Doge is a meme coin.

Being the top 8 in CoinMarketCap and experiencing huge increase of its value, these never take away from the fact that Dogecoin has no fundamentals. Whatever the price of Dogecoin and whatever its rank in CMC, I personally will always assume Dogecoin is a meme coin. Sure, I see some people try to exclude Dogecoin from a part of meme coins. They even assume that Dogecoin has a fundamental, Elon Musk factor. But I never consider it is a real fundamental. IMO, Dogecoin will be a meme coin forever as long as there is no change in this coin.

This is just people's opinion, people like Dogecoin because it has given many benefits when its price has increased high.
Moreover, Doge is able to maintain its price for a long time, competing with top-ranked coins.
And now many meme coins have no price at all, so they give more opinions and assumptions about Dogecoin.

[yohananaomi]

Until now Elon Musk has not provided any proper information about the DOGE coin and I am sure that Elon Musk will one day support the DOGE coin again because he has the power in X to change the price of the DOGE coin easily and quickly. Right now I also have a DOGE coin so I have a little faith in Elon Musk to support the DOGE coin and of course it is also possible that if the DOGE coin goes up then I will get a profit, at least maybe around 60%+.

I think until now there are still many who hope that Elon will do something to Doge and this is reflected in everyone who holds Doge, because they think that only with Elon, Doge will be able to increase supported by X, which is now on Elon.
I don't think that Elon will do the same thing again, but I also can't forbid Elon from doing it.
If it does happen, it is certain that Doge will increase highly and will be accompanied by an increase in Bitcoin, hopefully everyone who has Doge can produce happily.

[bitterguy28]

The main problem of Doge is that the community is unable to be able to move to boost doge and only still with Hoping from the tweet of an Elon who will not necessarily do again at this time or in the future. Doge must be separated from the shadow of an Elon and Doge must be able and able to move alone with his many communities.

i agree that doge is a coin of its own and should be treated as such however we also can’t deny that  elon’s involvement with the project boosted it and i am pretty sure that a lot of people holding doge are waiting on elon

i think elon has plans for doge with tesla and x, if doge becomes a valuable currency in his companies it will rise beyond expectations so i see nothing wrong with hoping for this while acknowledging that dogecoin is the best memecoin right now there is even without elon

[KryptoBull]

I think until now there are still many who hope that Elon will do something to Doge and this is reflected in everyone who holds Doge, because they think that only with Elon, Doge will be able to increase supported by X, which is now on Elon.

I don't think that Elon will do the same thing again, but I also can't forbid Elon from doing it.

If it does happen, it is certain that Doge will increase highly and will be accompanied by an increase in Bitcoin, hopefully everyone who has Doge can produce happily.

DOGE's price surged dramatically in 2021 after Elon Musk promoted it on X, and that's why investors continue to hope this will repeat in 2025 for DOGE holders to gain huge profits, especially as memecoins have become a part of the market rather than just a fun joke.

Currently, many memecoins have surged significantly like PEPE, BONK, or NOT, but DOGE has not shown any signs of price increase to meet investors' expectations. I personally hope that Elon Musk can mention DOGE more frequently on X so we can have FOMO for DOGE this season. Otherwise, I'm worried that even though memecoins might be successful, DOGE will be forgotten as the money flow only goes into newer and more exciting memecoins.

[vegasus]

DOGE's price surged dramatically in 2021 after Elon Musk promoted it on X, and that's why investors continue to hope this will repeat in 2025 for DOGE holders to gain huge profits, especially as memecoins have become a part of the market rather than just a fun joke.

Yes, it's true, although Elon Musk is not the creator of Doge, but since Elon Musk mentioned Doge, the price of this coin has skyrocketed. More and more people are familiar with Doge all over the world, even though they didn't know crypto well before. However, Elon Musk's tweets have really influenced the global business world.

In the past, Doge was just a meme coin, which was very cheap, often used as a faucet prize, or other things that were considered trivial. It's just that after Elon Musk, this was really beyond prediction, which made the meme coin trend skyrocket, even until now meme coins are still very popular.

[yohananaomi]

I think until now there are still many who hope that Elon will do something to Doge and this is reflected in everyone who holds Doge, because they think that only with Elon, Doge will be able to increase supported by X, which is now on Elon.

I don't think that Elon will do the same thing again, but I also can't forbid Elon from doing it.

If it does happen, it is certain that Doge will increase highly and will be accompanied by an increase in Bitcoin, hopefully everyone who has Doge can produce happily.

DOGE's price surged dramatically in 2021 after Elon Musk promoted it on X, and that's why investors continue to hope this will repeat in 2025 for DOGE holders to gain huge profits, especially as memecoins have become a part of the market rather than just a fun joke.

Currently, many memecoins have surged significantly like PEPE, BONK, or NOT, but DOGE has not shown any signs of price increase to meet investors' expectations. I personally hope that Elon Musk can mention DOGE more frequently on X so we can have FOMO for DOGE this season. Otherwise, I'm worried that even though memecoins might be successful, DOGE will be forgotten as the money flow only goes into newer and more exciting memecoins.

in hope is certainly highly anticipated by current DOGE holders for Elon to make a breakthrough again like in his past, but it is very difficult to determine whether Elon will want to do that again. He is currently busy with his colleagues. As a supporter, of course, he will also be a team that also has to think about and manage his on busyness. There may not be any more time for him to be able to provide support to doge, before the formation of a new government.
In my opinion, it is very difficult for other meme coins to be able to maneuver to catch up with the best ranking that doge has had so far.

[alltalk]

This is just people's opinion, people like Dogecoin because it has given many benefits when its price has increased high.
Moreover, Doge is able to maintain its price for a long time, competing with top-ranked coins.
And now many meme coins have no price at all, so they give more opinions and assumptions about Dogecoin.

Yep, it is people's assumption but they avoid the facts. I hope we always think realistically, we must be aware that Dogecoin is a meme coin although it is among of top 10 coins. We must realize the risks, don't invest in a coin blindly.

I agree that Dogecoin can maintain its position for a long time but it is wrong that it can maintain its price. You can see the price history, the current Doge price is quite far from its best price in the past. If it can maintain its price, the price won't drop a lot. However, it is good that Dogecoin is still the best meme coin so far.

[yohananaomi]

DOGE's price surged dramatically in 2021 after Elon Musk promoted it on X, and that's why investors continue to hope this will repeat in 2025 for DOGE holders to gain huge profits, especially as memecoins have become a part of the market rather than just a fun joke.

Yes, it's true, although Elon Musk is not the creator of Doge, but since Elon Musk mentioned Doge, the price of this coin has skyrocketed. More and more people are familiar with Doge all over the world, even though they didn't know crypto well before. However, Elon Musk's tweets have really influenced the global business world.

In the past, Doge was just a meme coin, which was very cheap, often used as a faucet prize, or other things that were considered trivial. It's just that after Elon Musk, this was really beyond prediction, which made the meme coin trend skyrocket, even until now meme coins are still very popular.

We can't let go of what Elon has done to Doge, so that from a meme coin, that doesn't mean much, but because of his tweets, he can make Doge today very meaningful and can rank the best at a fairly high price compared to other meme coins.
But do we expect Elon to continue to be able to increase Doge? Of course, everyone hopes that Elon will do it, but will Elon do it? Of course, it will be difficult to determine because until now there has been no tweet or anything that Elon has done to raise Doge again.

[Vx1]

This is just people's opinion, people like Dogecoin because it has given many benefits when its price has increased high.
Moreover, Doge is able to maintain its price for a long time, competing with top-ranked coins.
And now many meme coins have no price at all, so they give more opinions and assumptions about Dogecoin.

Yep, it is people's assumption but they avoid the facts. I hope we always think realistically, we must be aware that Dogecoin is a meme coin although it is among of top 10 coins. We must realize the risks, don't invest in a coin blindly.

I agree that Dogecoin can maintain its position for a long time but it is wrong that it can maintain its price. You can see the price history, the current Doge price is quite far from its best price in the past. If it can maintain its price, the price won't drop a lot. However, it is good that Dogecoin is still the best meme coin so far.

It turns out that it is true, the price of Doge has fallen far from its highest price, and until now there is no sign that the price will be reached again.
A few days ago Elon Musk took a picture with the American President with the background of the writing D.O.G.E which was tweeted on Twitter, many people thought that the price of Doge would soon go to the moon.
But it seems that now people are not like before, when Elon Musk first posted Dogecoin on his Twitter account.

[alltalk]

It turns out that it is true, the price of Doge has fallen far from its highest price, and until now there is no sign that the price will be reached again.
A few days ago Elon Musk took a picture with the American President with the background of the writing D.O.G.E which was tweeted on Twitter, many people thought that the price of Doge would soon go to the moon.
But it seems that now people are not like before, when Elon Musk first posted Dogecoin on his Twitter account.

Its ATH was $0.73 and the current price is $0.11. It is about - 85% from its ATH. The price gap with its ATH is quite high.
Sure, there is no sign yet because it is difficult to predict the future of meme coins. Since its main reason to grow is the hype, there is no way to predict the price in the future because it mostly relies on the hype. That's why it is always very risky if we want to invest in meme coins like Dogecoin.

Although Elon Musk tweets about Dogecoin, it has no massive impact like in the past. People are getting smarter, they know it is just a temporary hype. Moreover, people have many alternative potential coins at cheap price. So, people don't solely focus on meme coins only, specifically on Dogecoin.

[Stompix]

That's why it is always very risky if we want to invest in meme coins like Dogecoin.

You're focusing too much on "investment".
Doge is the cheap way to send money, it has on average 100k transactions every day are just payments as it has no memes or ordinals or smart contracts, it's cheap and fast and accepted everywhere, you will not find a casino to exchange or shop that doesn't accept doge, 2/3 of ATMs allow you to buy doge, not even 5% support BNB or Solana.
Also, doge is the new miner's heaven, the only PoS coin that miners could really move from ETH once it turned PoS.

Unlike other coins that claim to be "serious", Doge has proven its utility with real-world usage, the others didn't!
Right now it's Solana and Ton that ar more hype and meme material in reality than Doge!

[Gurujebs]

This is just people's opinion, people like Dogecoin because it has given many benefits when its price has increased high.
Moreover, Doge is able to maintain its price for a long time, competing with top-ranked coins.
And now many meme coins have no price at all, so they give more opinions and assumptions about Dogecoin.

Of all meme coins that we have in the market, it's only doge coin that is having the highest valuation by market cap and whether we want to hide it or say it, it's the biggest meme coin to ever existed and the popularity is because of Elon Musk influence, if not for Elon that gave publicity to Doge coin, I'm not sure if we ar going to be talking about meme coins in 2024.

Many people that are holding meme coin today are still doing it because they believe Elon will do something with it in the nerwrst future, you can see how the market react to news any time Elon Musk says or do about Doge.

[yohananaomi]

This is just people's opinion, people like Dogecoin because it has given many benefits when its price has increased high.
Moreover, Doge is able to maintain its price for a long time, competing with top-ranked coins.
And now many meme coins have no price at all, so they give more opinions and assumptions about Dogecoin.

Of all meme coins that we have in the market, it's only doge coin that is having the highest valuation by market cap and whether we want to hide it or say it, it's the biggest meme coin to ever existed and the popularity is because of Elon Musk influence, if not for Elon that gave publicity to Doge coin, I'm not sure if we ar going to be talking about meme coins in 2024.

Many people that are holding meme coin today are still doing it because they believe Elon will do something with it in the nerwrst future, you can see how the market react to news any time Elon Musk says or do about Doge.

Everyone must admit, as you said, that it is true that, until now, the best meme coin is doge.
It is big because of the very great influence that Elon had at that time, so that the price could reach this point, but now Elon has tweeted several times, but it doesn't affect anymore, is there no trust in Elon anymore now? I think those who are still holding meme coins now are hoping that there will be a surprise with the increase made by Bitcoin, like when Bitcoin reached its ATH and many meme coins were able to increase sharply. It is not impossible that it could happen again later.