Quote from: Bleaking6 on June 18, 2025, 11:07:56 AM

One standout example is Dogecoin (DOGE). Born in 2013 as a joke based on a Shiba Inu meme, Dogecoin was never meant to be serious. It chugged along with minimal value, often trading at fractions of a cent, and by 2018, many wrote it off as a relic of early crypto hype. Its market cap was under $100 million, and it looked like a ghost coin with no real use case or dev activity. Fast forward to 2020-2021, and DOGE shocked everyone. A mix of community fervor on Reddit (r/WallStreetBets), X posts, and Elon Musk’s relentless tweeting (“to the moon!”) sparked a frenzy. Developers started dusting off the code, pushing updates to improve transaction speed and lower fees. By May 2021, DOGE hit an all-time high of $0.74, a mind-blowing 29,000% surge from its 2020 low of $0.0025, with a market cap topping $90 billion. Even now, in 2025, it’s still kicking, trading around $0.20-$0.30 with active community support and devs exploring payment use cases. Posts on X still hype DOGE as a “people’s coin,” and its resilience comes from that grassroots energy plus Musk’s occasional nods.y.

Any thoughts on these, or are you fishing for a more obscure gem? Also, what’s your take on why Terra/LUNA and FTT are beyond saving? Spill the tea! 😄

Dogecoin never died. It was dormant until Elon decided to shill it on Twitter. I'm talking about coins that died (development stopped, prices tanked all the way to $0, and exchanges stopped supporting them) completely only to resurrect due to a community takeover, original developers making a comeback, or renewed interest/hype. Since the time I've been on crypto, only a small few have risen back from the dead. That's the usual trend with altcoins. People abandon existing ones in favor of the next big thing. Good gems such as Memorycoin, Mintcoin, Magi, and Spreadcoin would be long lost and forgotten as other coins take the spotlight. I'm sure many retail investors were left holding the bag (bagholder).

As for Terra/LUNA and FTT being beyond saving, the reasons for this are pretty obvious. Investors wouldn't like to deal with something that has a damaged reputation/image, even if developers do a re-branding or make a series of improvements. Terra launched a new version called "Terra 2.0" after the original coin's demise, only to fail getting the attention of mainstream investors and traders alike. And FTT? The now-defunct exchange (FTX) should've burnt all of the tokens and make the smart contract inoperable for good (through some sort of freeze function). Even if FTX makes a comeback, it would be hard for the FTT token to gain traction. These coins/tokens are the exception. The rest can rise from the dead, due to the reasons mentioned before. It's always best to continuosly monitor the market to help determine the right time to sell before it's too late. We're much safer with BTC than anything else.