Ninjastic
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Board Altcoin Discussion
Re: Is Dogecoin overpriced?
by
Gheka
on 03/05/2021, 17:43:06 UTC
Quote from: soul-impact on Today at 01:56:51 PM
Quote from: Abiky on February 12, 2021, 07:53:48 PM
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. Smiley
Admittedly, the doge currency is being blown quickly. It took me by surprise when within a week there was a lot of price increases
I think it's going to go up to 1$. With the current market and the number of participants investing, the price it achieves is not surprising
New or old investors are interested in it.
When you admit the surprise and blow the price too quickly, you also tacitly admit that the dogecoin overvalued, you did not even believe that such a price happened for several weeks with strange price increases, it is terrifying that dogecoin can continue to hit other milestones with such very suspicious actions. Agree that old and new investors both are interested in dogecoin but Elon Musk's special ability towards dogecoin is in the eyes of so many audiences, prices continue public blow was hard to convince people