Quote from: Psynthax on Today at 03:36:07 AM

dogecoin have its own use and not exactly useless but it's true that if compared to other coin doge is just really lacking and seems greatly overhyped. Though, isn't social media influence always have big influence? it's not only happening in crypto market but various other markets as well like stocks, automobile, etc basically the people who could pursue people into following their idea being called influencer for a reason. Though I do agree, if people ready to make profit from doge pump and dump scheme they should also ready to get their capital busted into dust which honestly isn't gonna happen as long as elon keep shilling it.

Doge doesn't have any unique usage. It's only use is for making payments and purchases. And for this purpose we have much better alternatives available in the cryptocurrency market. And Dogecoin is going up just because of the hype surrounding it and due to price manipulation, and not due to any real increase in adoption or acceptability in the cryptocurrency sector. Right now we are in a "pump" phase for Dogecoin. I am waiting for the "dump" to occur. And there is going to be a bloodbath once that happens.