Post
Topic
Board Altcoin Discussion
Re: The point of Dogecoin.
by
criket
on 03/07/2021, 06:06:43 UTC
Doge coin is listed on every other crypto exchange including coinbase , transaction speed is very fast like Tron and huge community is following it. The price it has reached through tweets of Elon Musk won't sustain in the long term. Traders like its volatility because that creates opportunity to make money for Professional traders by going long and short.
but dogecoin has a pretty strong market right now. although there is a decline, you can see for yourself that it is not a big dump. everything happens gradually. and it shows that the dogecoin community and market are indeed strong.
actually, this was built before Elon did the hype. and the momentum built after Elon said all that on social media. I hope, Dogecoin can regain its position and become a better asset, not seen as a meme coin marketed by many influencers.