Quote from: papagravel on August 27, 2019, 07:03:23 PM

During my time on the crypto market, I saw John in dozens of projects and everywhere he saw something special. I got the impression that he was paid for advertising and he was ready to believe in any project for money. That is why I do not trust the words of McCaffee like many other participants in the crypto market.

That seems to be the case, as every time McAfee said something special about a specific cryptocurrency, prices began to pump across the market. I'm surprised to see that McAfee chose Dogecoin this time, as it's a cryptocurrency that lacks development and innovation. His words had a nice positive effect over DOGE's price within the short term. However, it's important to note that it's very unlikely that DOGE will go to the moon within the long term. The reasons for this are very obvious. With a limitless supply, no development, and scarce mainstream adoption, there's no reason for Dogecoin to reach a new ATH in price.

Despite these facts, I believe that Dogecoin would go to the moon in terms of user adoption. Its friendly and highly-supportive community is one of the most unique things of this cryptocurrency compared to other big players on the market. The inexpensiveness and quick speeds of the Dogecoin blockchain will make it suitable for doing quick trades and micropayments. It's been capable of retaining its speed and low fees without doing a block size increase or even switching to SegWit/Lightning Network. In the end, I believe that Dogecoin will be traded on the crypto market for perpetuity.

Nonetheless, with McAfee, Musk, and Buterin talking positively about Dogecoin, it seems to me that there's a bright future for the cryptocurrency after all. Only time will tell us what will happen with the fate of this exciting meme coin that's loved by many people worldwide. Just my opinion