The current Dogecoin is a very popular coin. The value of these coins has multiplied since 2021. And there are various speculations about this. The ''shiba community'' said yesterday that the value of these coins will continue to decline very soon.
Tesla and SpaceX chief, billionaire Elon Musk, has posted a response to the recent negative assumption of the Shiba Inu Community about his favourite Dogecoin.
In the thread that touches Cardano’s ADA, billionaire crypto investor Mark Cuban and his recent investment in the DeFi Titan project that then made a rugpull, the conversation turned to Dogecoin.
Promiment DOGE Twitter account “Shibetoshi Nakamoto” has assumed that Dogecoin transaction fees are going to be greatly reduced soon. Still, they said, people are using this meme-coin anyway.
The person behind the anonymous “Shiba Community” account tweeted that nobody is going to use Dogecoin and some are only utilizing it thanks to Elon Musk.
However, the anon opined that as soon as Musk dumps it, DOGE will become useless.
The Shibetoshi Nakamoto responded that this was just at attempt to shill the SHIB coin.
Elon Musk agreed with that, tweeting “ha-ha”.
Noted: This ios a news which was aired yesterday.
Well, for me both are same meme coin and shitcoins also. But even is like that they are both have a large amount of volume in the market. Howeve, others altcoins can't imitate what Dogecoina and SHIBA INU did. So, while we are in the bearish market I think it is much better to convert or sell our Dogecoin and shiba inu into other alts because if we don't, surely our losses will just continue.