What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?
In my opinion, Dogecoin will return to its initial price, but not in the near future because currently there are so many competitors like Dogecoin that will make Dogecoin go down. and in my opinion it is not suitable to hold dogecoin in the long term because it is a memecoin.So be careful about holding memecoin for too long because the risk is very high.
That's a good thought, because indeed in investing in meme coins we are not by too long, because there could be a very sharp decline when the whale meme coin withdraws its profits.
But the reason why doge coin has survived to this day apart from Elon Musk being very bullish for its purchase is also that we have a lot of rumors that the X social media platform will integrate doge coin as a means of payment in X, and that reason is that many dogecoin holders have confidence about the future of dogecoin, but what is very fearful is that this is just a rumor and we don't know what the future will be like and will happen or not, if it happens, surely the holder will have a party, but what if the opposite does not happen, and that is the risk.