Quote from: cvasy on July 28, 2021, 09:22:05 AM

Quote from: tamim60 on July 26, 2021, 03:38:40 PM

Keep dreaming OP, although at the moment it is a very attractive name in the cryptocurrency market, but if you look at its application value in the future, it can compete in this space

Dogecoin can compete only with new meme coins and some coins that don't have strong fundamentals yet, because Dogecoin's huge supply always has an influence on its price and ranking in the crypto space.

Many people are always talking about the low price of dogecoin not realizing that while the price of the coin can be low its supply is huge and since there is no limit to the amount of coins that can be created then that supply is only going to go up, which in return makes any growth in terms of price to be very difficult as more money needs to be pumped into the coin in order to see some results, so I will recommend people to stay away from this coin even if they think that it can pump in the future because of the influence of Musk.