About Dogecoin (DOGE)

[Suba]

Dogecoin/Doge is the first meme coin in the crypto world, which was born from the Litecoin hardfork and was launched in Dec 2013. When this thread was written Dogecoin was in 9th position on Coinmarketcap at a price of $0.076. Circulating Supply 141.8 billion DOGE, Max supply is unlimited. An unlimited number of Doges would facilitate high inflation rates, but in 2014 annual inflation was set at 5 billion Doges. The Doge community on the channel is very friendly and likes to make donations, including tips for Likes, charities, sporting events etc.

Advantages of Doge
Very cheap price
Doge is very popular

Doge Disadvantages
Prices can easily change with just a tweet
Limited application of technology
Doge ownership is concentrated.

Doge Price Prediction
Using the Trend line it is estimated that the price of Doge will reach the price
$0.082 at the end of Nov this year. So in your opinion, what is an appropriate price for Doge in 2024?

 

[eLdavis]

From the looks of things, it seems a lot of persons have given up on doge. Most people no longer want to hold or invest in it. They see it as a joke.

 

[neku]

It is used extensively for making payment with no transaction fees, I am receiving Dogecoin payment from an sms app, The price of Doge coin usually increases when BTC prices are more than $30K.

 

[deucher]

In my opinion, this token has no value and is a coin for the speculation of rich investors, because they definitely have connections with mmask, which can change the price with one tweet