Dogecoin is actually just one of the shitcoins in the market. Its makers even said that they made it for fun. I don't know why but Elon Musk started manipulating especially Dogecoin. 
And it looks like it will reach $1 soon. It's really frustrating to see that the cryptocurrencies are easily manipulated like this.
And it looks like it will reach $1 soon. It's really frustrating to see that the cryptocurrencies are easily manipulated like this.Damn. You are so wrong.
It was created as meme coin in days when there was not that much projects. Collected great community, good devs, and is now a better product with better adoption than 99.99% of "serious coins".
People underestimate doge. Price is too high currently. I agree but its not eveluated that high only because of Musk tweets.
Doge:
1 - was very stable against BTC for years.
6 years ... ~25 sat on average with many pumps as soon as price dumped. If I was banned from having bitcoin (for unknown reason) ... i would swap to DOGE as soon as price would dump to 20-25 sat.
2- DOGE has huge community and no centralized identity since first devs abandoned project (just like bitcoin was abandoned by satoshi)
3- Doge is one of 3 most used coins on crypto casinos and similar sites
4- Doge is one of 5 most often available coins if you want to use crypto as payment
I have few more.
Because of all of above I think I'm one of first people that dare to call DOGE a digital silver (if we consider bitcoin to be a digital gold). Not litecoin, not etherum.
Doge:
1 - was very stable against BTC for years.
6 years ... ~25 sat on average with many pumps as soon as price dumped. If I was banned from having bitcoin (for unknown reason) ... i would swap to DOGE as soon as price would dump to 20-25 sat.
2- DOGE has huge community and no centralized identity since first devs abandoned project (just like bitcoin was abandoned by satoshi)
3- Doge is one of 3 most used coins on crypto casinos and similar sites
4- Doge is one of 5 most often available coins if you want to use crypto as payment
I have few more.
Because of all of above I think I'm one of first people that dare to call DOGE a digital silver (if we consider bitcoin to be a digital gold). Not litecoin, not etherum.
I don't know, man. I haven't even known much about Dogecoin until Elon Musk started tweeting about it very much. And the price started to increase so much that made me think like it can't do without this manipulation. We will see what will happen if he stops supporting it. If it doesn't go back to his old days, then I'll grant you right.