Quote from: Boomber on Today at 07:29:47 AM

Quote from: InfinityCrypto on July 31, 2023, 04:59:48 AM

Is DOGE Coin's Rise a Sign of the Future of Cryptocurrencies, or a Fleeting Internet Meme Phenomenon?

all altcoin have the right for the price to increase very high, especially Dogecoin is an old altcoin and very hyped, so it is natural that the price of Dogecoin increases very high, then of course this is also a good sign for cryptocurrency, because one of the factors causing the increase in the price of Dogecoin is Elon Musk, so this indicates that many rich people are starting to know about cryptocurrency, so of course this is a good step for cryptocurrency in the future.

recently, doge has experienced an increase because X launched a payment system. and many people think the payment system uses dogecoin.
Apart from that, it seems that Dogecoin is very closely related to X and Elon. If that's the case, Doge can be considered for investment even though its status is only a memecoin.