Dogecoin, which started as a meme currency but received a lot of support from the billionaire tycoon in the past few months also gained in value. But this positive trend in the cryptocurrency market is no guarantee that it will see the bull run, which started at the beginning of this year, again so soon. At most, the value addition to the price of Bitcoin and other digital currencies over the past two days most likely seems temporary.
What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?
I think dog coins and other meme tokens are 99.99% scams and that you are better off investing in projects with real utility, like IOTA, which is working with automobile manufacturers on smart cities, smart cars, charging infastructure and taxis. Another good option is MAXX finance, which is a tokenized CD staking platform, a technology that will likely be employed by banks as investment vehicles for their customers.
Dogecoin is a scam? I can tell you it has been around for almost 10 years and it even outlived a lot of other top coins. IOTA? I remember correctly it was also a potentially evaluated coin and now I don't see anyone mentioning it anymore, is it still alive? What project is MAXX finance, what do you say it will be better than doge, a new coin and such a fishy smell, how can you compare with doge?