Post
Topic
Board Altcoin Discussion
Re: Is Dogecoin overpriced?
by
abel1337
on 03/05/2021, 20:30:54 UTC
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

Few years ago I had 500k dogecoins, I sold them, because I diddnt see some developing project and thought that price was true! Now I think we all see good marketing, someday it will ends!
Unfortunately yes, Doge's growth will end as quickly as it started. But when there is increased excitement around this coin, there is an opportunity to conduct successful transactions and fix profits. The main thing to remember about fixation profits. I would never risk holding this coin for a long time)
Doge price today is really crazy, No one of us really assumes that DOGE will be valued at a crazy high price today given the status of the coin. The only thing I can assume now is DOGE will crash as fast as it pumps. I'm happy for those who profited from DOGE and giving good luck to those who still want to buy DOGE at the current price today. This meme is driving me out crazy.