Quote from: pgbit on January 04, 2020, 07:37:56 AM

The answer is simple.... Popularity.
Dogecoin is owned by some anonymous people and I am thinking that it it popular anonymous people because whenever it wants to fade into the background, someone would just start hyping it again and it would be ressurected, it doesn't matter if they have made any developement strides in recent times, all that matters is that they have a very strong community support and CZ said exactly that when doge was listed in Binance.

Exactly. What matters is community support above all else. Dogecoin may have been abandoned in development and innovation, but it has strong community support (unlike some cryptocurrencies today). It's no wonder why it has the most trading pairs on crypto exchanges, becoming one of the most popular cryptocurrencies in the world today. Many famous people in the mainstream world (like John McAfee and even Elon Musk) have talked positively about Dogecoin because of its strong community support. Not to mention, Dogecoin is extremely inexpensive and quick for micropayments than most well-known cryptocurrencies such as Bitcoin and Ethereum. As long as Dogecoin is able to maintain itself as a quick and inexpensive cryptocurrency for micropayments, it'll never die.

I believe that McAfee expressed his positive comments about Dogecoin going to the moon, in terms of user adoption and not price per coin. We all know that with DOGE's current supply, it's nearly impossible for the cryptocurrency to ever reach a new ATH across the market. It's fine as an inexpensive cryptocurrency that provides real use cases for the mainstream world. Of course, there are other altcoins which are faster (and sometimes even cheaper) than Dogecoin itself. But these other altcoins are not as popular as Dogecoin is. What once started as a "joke" turned out to become a serious cryptocurrency for mainstream use. All in all, Dogecoin has truly found a place as a cryptocurrency that's useful for the whole world because the way it was designed. Just my thoughts Grin