I'm surprised to see an abandoned coin like Dogecoin surging in price like crazy. People are overestimating Dogecoin without realizing that it was never meant to be taken seriously. The huge supply of DOGE in circulation, along with abandoned development and innovation, tells me that it should be less valuable than what it is right now (please correct me if I'm wrong).
What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks.
Doge is just a bait coin used by rich people, now doge is soaring because of the market game that is set by them so it is difficult to make a profit there because for now the price trend is less moving, many people have bought when the price trend is up instead now it is rising again, which in the end is quite frustrating for buyers.What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks.