A lot of people are getting deceives by Elon Musk on investing to DOGE for him to make a lot of profits on it. For me, doge coin is just a meme coin, it was practically just a hype coin and investing on it is a double edge sword, if you know what I mean. If you don't know how cryptocurrency works, I suggest stay out of DOGE coin because you might end up crying if the whales sold their doge coin while you guys are sleeping and you'll wake up having your profits and capital at lost.
ya, but meme coin quite viral right now. you can take a look by your self.
shiba inu for example or safemoon. it's a brand new memes coin without product can rise up to 100x
all because of the crypto meme king. Dogecoin lol
There would really be some domino effect when it comes to price increase in several coins in the market which is been tagged along with this meme coin.
with this unpredictable market then you can really see these coins pop out from nowhere and then suddenly been pumped just because of other projects in
the market which is currently being hyped or shilled.This is why you should really be careful when someone do consider on buying up some meme coins.
I dont even consider on entering on Dogecoin right now.