Post
Topic
Board Altcoin Discussion
Re: Is Dogecoin overpriced?
by
Blowon
on 05/05/2021, 14:49:58 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

Dogecoin gets full support from Elon Musk, making it fly up to .3$ now doge back supported by travala. They accept payments with Dogecoin. I am actually very confused with Dogecoin, why would an elon Musk famously dare to make Doge fly? and Doge really doesn't have an ecosystem. So far I'm not keeping up with Doge's developments I just want to learn why Elon Musk chose Doge to fly.