DOGE was conceived as a meme currency, but after 11 years of existence, the token is often used to pay for purchases. This is the conclusion reached by experts from Bloomberg.
I love the feat Dogecoin has attained so far and I believe the creator wouldn't have thought this, but it is the reality today. And yes, no one can underestimate Dogecoin in the world of crypto payments, it can do what any cryptocurrency can do in terms of payments, so what can't it do that will make it be seen as a lesser coin? It has indeed transitioned from the mere view of meme coins and is one of the top 5 cryptocurrencies allowed as a payment option by any establishment I know. Some cryptos could be linked to some physical and important projects (Defi, Game, AI etc), but they still serve the same purpose if people value them. This is evident in the fact that people value Dogecoin with almost $17B market capitalization and 6th rank if stablecoins are excluded.