Quote from: GigaBit on April 30, 2023, 03:57:03 PM

Quote from: JahriMeayer on April 29, 2023, 09:16:48 PM

Doge reached ath of 0.7$ which was an unexpected phenomena that time. But now, there's no surety that doge will able to reach such level again. Elon keep taking about doge for his own benefit. For the sake of elon support, some sudden pump of dogecoin Isn’t enough reason invest on it. I won't wonder if doge downfall because of elon sell his share for profit. Prospects of doge is now complex, better to looking for others coins

Yes, investing in altcoins is risky but it will be more risky when some one try to invest in meme coins. Investors who are preparing to invest in Doge Coin should think thrice before investing. The return on investment in doge coins is very low. Doge Coin's highest ATH was 73 cents in 2021 and since then the coin is down 88 percent till today and there is also doubt whether new ATH will be available in the coming days. Since nothing happens in this coin except Elon Mask contribution, investing here can be considered as a money losing scheme.