I'm surprised to see an abandoned coin like Dogecoin surging in price like crazy. People are overestimating Dogecoin without realizing that it was never meant to be taken seriously. The huge supply of DOGE in circulation, along with abandoned development and innovation, tells me that it should be less valuable than what it is right now (please correct me if I'm wrong).
What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks.
What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks.
in my opinion the price of Dogecoin is not overpriced, because in cryptocurrency there is no fixed price and it can always increase very high, so it is also natural for Dogecoin (the price has increased very high), then in my opinion even though Dogecoin is made for joke, but actually Dogecoin is also can be used as an alternative to make transaction, because the fees for making transaction using Dogecoin are very low and the process is also very fast, therefore in my opinion Dogecoin has a very good function too.