Quote from: Z_MBFM on Today at 10:24:53 AM

Quote from: steve5946 on August 09, 2024, 07:26:04 AM

So, I'm thinking of buying Doge coins again. The last I invested on Doge, I got good returns in 2021 when I sold everything.

I know this is mostly a gamble but nevertheless.

Do anyone feel the same way about Doge coins being a good investment option?

Doge is priced much lower than ATH but its marketcap is significantly larger than a meme coin. So I don't think it can hit price like its highest ATH again in future. Because it had hype only for Elon Musk but doge doesn't have any hype like it did in the early days and I doubt how much it will hit in the future. But whether you can afford to invest in it is entirely up to you personally. I am not personally motivated to invest in Doge

Doge is a very old meme coin. Hey Kiss supply is slowly being depleted so it could be worth a lot again in the future. It is true that Elon Musk is responsible for pumping Doge like this but now Doge has become the coin of choice so many people are investing here and believe that good profits can be made from Doge. But since this is a meme coin, investing here with risk is like gambling. He who has the ability to do so must do so