I do see Dogecoin as a risk, but then isn’t all cryptocurrencies similar in this way? They’re usually all about investments and risk, there will always be those who will lose their money when it happens. But, I do feel like Doge coin is more dangerous to invest in than, let’s say Bitcoin itself, but if the community should grow like as we have in Bitcoin I think it’s going to be hard for it to fluctuate that much. Then the problem we’re having right now is that there are few whales who hold the largest portion of this coin, if they should decide to dump it in the market then it’s going to affect Dogecoin seriously ‘cause it’s going to lose a lot of value.

And when such things happen people are going to be discouraged and a lot of people will leave the market. A lot of them are now hoping for the $1 increase which they don’t even know if it’s going to happen or not, because if we check years back it really took Dogecoin a lot of time before it started to um trained like this.