With sooooo many coins in the market and it being a more popular but just another ALT, in some cases, what do you think the long term will be? I believe most are geared towards the long-term profit of dogecoin but with such a long/high/maybe not possible, hill to climb in all aspects I found, which isn't much, what is the likelihood that dogecoin will be around and then will it ever make it profitable as an investor without daily trading?
Dogecoin will always exist as there is still a strong fan base for this coin. For me, DOGE is nothing more than a pump and dump coin. A couple of times in a year the coin gets pumped without real reason.
Yeah i agree, In that it will always exist owing to its uniqueness as one the first few cryptos/ fanbase and memeablity. From a practical point of view though it has no value and is just a pump and dump coin. If you check the github its long been abandoned, and there is no development.
However another pioint of view is that it can be seen a good benchmark when analyzing if the crypto market is overvalued or not. In hindsight during the december run dodge went to a 2 billion marketcap. This should have been the biggest sell signal for an overheated market