Dog(e)Shit I just don't get it
How come people fall investing for this crap hype.
I just don't get it it, it was created for fun and now has been 5th biggest crypto.
This madness has to stop.
When a cryptocurrency, like Dogecoin, is inflationary, it means that there is NO MAXIMUM limit to the number of coins in circulation. It is a bitcoin code clone and underdeveloped.
Why do you want that at all? Pump and dump for sure...
Stop it people this is a joke for the industry, hopefully it will see a major crash together with 90% of other altcoins...
Today is only a small crash and still doge is surviving it is even up again. Stupid money I call this.
And all those youtube influencers who shill their shit and think they know predicting prices just stop it you can't...
The thing about DOGE is kind of a sentimental one. Yes I know its a MEME coin its made for fun but you kinda have to appreciate the fact that in midst of all the serious cryptos DOGE is out here chilling.
As for the shillers I don't like them at all. There are indeed some shillers talking about DOGE hitting 10 USD by the end of the year which is crazy and definitely not attainable.
But I love the community of DOGE. You have to know that the Market decides what the price of some things gonna be. If I say DOGE is worth 100 USD and 1 Million people agree with it chances are DOGE will be close to 100 USD. That's how the market works.
I compare dogecoin as the wallstreetbet with gamestop. Mega hype and people love being with the underdog... It is a middlefinger to regular markets, but not sustainable. The big difference is gamestop has capped stocks and doge is not capped at all once the hype cools off inflation will kick back to where it belongs... it is a people coin more or less but that's about it. grtz