Quote from: NUFCrichard on April 04, 2017, 11:40:41 AM

Quote from: e-coinomist on April 04, 2017, 06:40:23 AM

It was hovering against USD as Bitcoin was rising. That doesn't make it a good alt to invest in though, even if it is better than some others that tank whenever Bitcoin goes up.
Maybe the rise yesterday was it, each pump is smaller than the last, as it should be with an inflationary coin.

I mean, at the end of the day, it is a coin based on a meme of a dog with bad English, it probably won't stay the course long term.

Take a look at the blue line at https://coinmarketcap.com/currencies/dogecoin/#charts that's the total value "Market Cap" of the complete currency.
Just "price" reaching 106 Satoshis like has been on 9/27/2014 pump or 126sat from 1/28/2016 (duh! actually that IS higher from pure BTC valuation) does not paint a complete picture. We are at 46 million Dollars now.

The mood point is about selling DOGE to a millionaire like one million cash, black suitcase style, over the counter for any amount of DOGE placed on a piece of paper. That might just fail. Exactly at this point the definition of "investment" fails.

So economy impact rising, investing still not advised. That would render a future for tipping stuff, reddit style and such. DOGE has a nieche future where the biggest coin could not prevail (TX Fees!)