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.
What are your thoughts? Do you think Dogecoin is overpriced? If not, why? Your input will be greatly appreciated. Thanks.
It is obvious to me that dogecoin is overpriced and besides unreasonably. There is nothing innovative and its technologies and no good project behind it, so the only reason why it grew was advertisement from Elon Musk, but without it,this coin is likely to die out rather than to have success. I don’t invest in it as I don’t believe that it is likely to have a future.