Quote from: _act_ on Today at 11:07:18 AM

Quote from: TravelMug on Today at 10:53:06 AM

Yeah, some of us could have heard about Dogecoin before Bitcoin just like you. But in the end, we should know that Dogecoin is just a meme coin. So throughout it's existence, it has been subject to pump and dump and later on, with the way Elon Musk promote it, we thought that it will challenge bitcoin to be one of the biggest crypto out there and could remove the stigma of being a meme coin. However, it didn't last, obviously Musk has used it to most likely get enrich himself and now it is relegated to it's category as just a meme coin and has been copied by a lot like Shiba and others.

Elon Musk though he would have enriched his pocket with dige, but he failed to realize that it is people that makes him rich. He manipulated and make doge become the crypto payment for Tesla. He bought Twitter and maybe he has in mind to make doge the Twitter currency. But his past mistakes made his network to drop 2 times more. Let us still what would happen. What I know is that no matter how he wants to try to manipulate, doge will still remain a memecoin.

Yes what he did was to manipulate the market with his popularity, if only he was not the richest person in the year of the rise of doge coins, which became an indicator of the meme coin attracted many enthusiasts, maybe it had no influence on the market if the usual diaoang, but because he was the person in Handling in the economic world with the wealth of his assets and his company that made it had an influence on the stigma of people in responding to what he did.
The impression of manipulation is clearly visible, and yes, it is rich with many people who buy doge, but there are indeed many people who become rich from doge, but only a few early adapters.
And even if the coin logo is a dog, it will remain a meme coin, unless they make big changes to the coin doge and grow more utilities on their networks and coins may be different in the last stories.