Quote from: Moeda on October 04, 2021, 07:50:48 PM

Quote from: Kongxx on August 26, 2021, 02:12:32 AM

This article is very long.

https://www.fool.com/investing/2021/08/24/why-dogecoin-is-cryptos-most-dangerous-joke/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

Do you agree with what it says?

No one predicted the price of Dogecoin to reach $0.73. This is why some people think that Dogecoin is a dangerous joke. Furthermore, the current dump as if it will never return to ATH ever happened. Elon Musk who was once present for Dogecoin, is now talking about another token in a recent tweet. This signals that Dogecoin will not provide a positive value if Elon Musk leaves it.

The thing is that the man Elon Musk became the driving force for Dogecoin and seems to me that he is not enough to sustain its rising value so there must be more in Dogecoin to make it stay valuable. Well, even the founders of Dogecoin were so surprised why people then started to push this meme coin to the top. I think what is happening with many "valueless" NFT assets can be likened to what happened with Dogecoin and they can be dangerous in the sense that the value can fall anytime that low and there is less chance of recovery not unless Elon is on the scene propping it up all the time.