Post
Topic
Board Altcoin Discussion
Re: Dogecoin is no longer just a memecoin
by
MAAManda
on 04/10/2024, 16:02:36 UTC
DOGE also has a rather large fan club of celebrities, which includes Elon Musk, Mark Cuban and Snoop Dogg. The fact that the token is not just a joke asset is evidenced, for example, by the initiative of the Dallas Mavericks team to introduce payment for tickets and goods in Dogecoin.

Ok, so because it has the support of various influencers or big figures in the world and is accepted as a payment method, does that make Dogecoin (DOGE) no longer a memecoin?

I think the memecoin indicator can't be separated from Dogecoin (DOGE) considering how this coin was created & what it was created for, going back to the history lesson, Dogecoin (DOGE) was created by Billy Markus to mock Bitcoin (BTC) at that time, with no utility and no vision. So, whatever Dogecoin (DOGE) is today, it doesn't rule out the fact that $DOGE is a memecoin.