Dogecoin is truly a promising coin in crypto especially over the past few weeks but we can't set aside the truth that it has a huge risk despite its pump. Dogecoin is highly manipulated by the whales which is the reason why it is so hard to predict, to the point that most of its hodlers are just relying on what Elon Musk will going tweet for this day and for other days. Correct me if I'm wrong but as far as I remember, that is not how crypto market works.
Promising? In what sense? Is it right to say that a pump and dump coins where
Dev had abandoned with no actual roadmap or whatsoever nor give a new innovation in the table a promising one?
With 101 addresses holding the 67.7% can go either way. If these people decided to lock their coins, then that is 67.7% fewer coins in circulation (which is very unlikely to happen), the action can bring scarcity to the overall supply. But then if they decided to dump then that will be a huge disaster.