Quote from: EarnOnVictor on Today at 07:54:57 AM

Quote from: krishnaverma on November 19, 2024, 01:39:41 PM

Out of nowhere, it came and is under top 100 coins based on marketcap. I find the situation very funny. With this rate of growth I would not be surprised that in few months, it replaces Bitcoin and becomes number one coin based on market cap.

You surprised me with this question, what Ethereum, SOL, Dogecoin etc could not do, Pnut from nowhere will do it suddenly just because it moved significantly higher? Calm down. This is not the first time we have seen coins/tokens performing significantly. Still, after a while many of them end up cooling down and some will not even attempt a significant movement again even as others will be minimal in their volatility. And if you did not know, Elon Musk has recently spoken in favour of Pnut, so you can't doubt that rise. But the question is, has the Dogecoin he supported and still supporting overtaken Bitcoin yet? This is practical.

It is not all about price or increase but it is also about use cases. I think Pnut is only just a meme coin and usually, a meme coin has no use case but some coins in your list like SOL and ETH have. In fact, their values are also much higher now when compared to Pnut. It is just that they are not new anymore, so they find it hard to have a huge pump. Pnut on the other hand is still new, so its hype is still fresh. Those coins that did not attempt a significant movement again, might have a dev that has no dedication or commitment for the long term.

There are some who have but they still lack on something to not succeed. Elon Musk speaking in favour of Pnut is still an example of manipulation, as we know that he also done this before on other meme coins. That is actually shady or doubtful, and are not different to those coins who are being manipulated without any hint on the public.

You could have answered your last question there, as it was too obvious already. Of course, Dogecoin has not overtaken BTC yet and will not happen even if given enough time. There are better candidates than Doge in regards to this matter but even them still haven't come close to Bitcoin yet.