DOGE

DBRiMatt

Ironically, DOGE is probably better suited to being an actual currency than BTC or ETH. PEPE was just designed to be rug pulled.

muttadile1

can someone name me a utility of meme coins like DOGE and PEPE?

Kappatalizable

2 weeks summary (applicable anytime): 1. Some exchange / project / bridge got "hacked" 2. North Korea behind hack 3. DOGE pumped after Elon tweet 4. Saylor bought more Bitcoin 5. Binance will collapse soon 6. Some expert predict 100M Bitcoin price next year

JamesBondMI6007

Honestly, of all the meme/shitcoins the only one I’d bet on if I was going to, is DOGE. Unlike the vast majority that have come and gone, DOGE pumps again and again in each bull cycle, primarily because it’s the OG. I’m skeptical we see it go to $0.70+ next cycle but even if it goes to $0.30 that’s a solid return from current levels.

Level_Nonbottom

DOGE. It was a fun meme, but at some point its time to let go

SimbaTheWeasel

DOGE ⬆️📈🚀

dead-spiral

I like DOGE.

soyelvorph

Well they can rename DOGE to DOXE and problem solved.

juiciestJbox

DOGE is a meme but it lowkey introduced a ton of people to crypto

Probably_notabot

The article somehow weaved “insider trading” to “Elon Musk has been accused of insider trading with DOGE”. It’s like playing a six degrees of separation game!

kryptoNoob69420

More important is the second part of the story - "In early August, news leaked that the infamous Elon Musk was also charged with insider trading for manipulating the price of Dogecoin (DOGE) in a series of events from 2021 to the present. In fact, this would be **the third time** the Tesla CEO has allegedly received insider trading charges. " Funny how these billionaires act like common criminals sometimes...

tsuiteruze

Oh yeah I remember DOGE was initially used for tipping. Seems like a long time ago.

theycallmekimpembe

 Yeah still hold Luna to mind me of this… All jokes aside, I have a bit of DOGE but only because I was tipped that DOGE and I use it for the same purpose, to tip others.

_Beta-Male_

This was my onchain analysis hoped you liked it. If you have any reccomendations or suggestions to make my analysis better, go ahead. And the next coin few coins that I am planning on covering are: ETH, ALGO, VET, LINK, DOGE

kiratiiiii

What is your EoY price prediction for DOGE? I'm thinking about buying a small bag as a gamble.

Blooberino

I have DOGE.

xSkyFa11x

I used to have DOGE but I sold a while back

IanfinityXD

DOGE, was interested in it back in 2014 with all the memes and the Dogecoin Miner game

chchrnblklk

No surprises there. I would have believed it if you tell me DOGE is more well known than ETH.

muttadile1

Heck yeah I'll reset everything, don't nobody stop me from going all in on DOGE and PEPE

DingDongWhoDis

Utility is the answer. Not all of us are buying stuff to trade. Long positions are a thing. I think long positions for memes are more uncommon except for maybe DOGE.

jamesdthomson

I decided to try LTC mining in 2013, having read that is was possible at the time to break even on a mining rig in a month or two. I built a rig with a couple of high end GPUs and set it to work. It brought in about $14/day which was pretty great, but progressively declining of course. When I saw a post on bitcointalk announcing the coming launch of 'Dogecoin' as a joke, I decided it would be fun to mine. So I configured my rig and set it mining right from block 1. Naturally it mined a good amount, starting at something like 30k DOGE/day. With the (fluctuating) price it was actually more profitable than LTC, so I kept it running. With a bit of swing trading on Cryptsy I accumulated 10M DOGE by the time MtGOX imploded and the market was 'dying'. I sold my 10M DOGE for about $4500, which was about 3 times what I'd paid for my rig. I then sold my rig for close to what it had cost me. Felt pretty darn clever :-) 10M DOGE would have been $7M at the height of the Elon pump several years later. If only I knew eh?

xpromisedx

Never had any DOGE, never want any DOGE

Fox_n_Roll

I don't own any and am not planning in buying but for a fact DOGE has brought A LOT of retail into crypto and can be manipulated with a simple "woof" tweet.. DOGE has been here longer than most other alts and I am strongly believing that it will go crazy again in next bullrun

FlashyAd8082

Indeed, brand recognition can play a significant role and DOGE's familiarity could attract more retail investors during the next bull market.

FlashyAd8082

It's true, DOGE's popularity has reached mainstream recognition, and when the next bull run hits, it could see a surge in interest from both retail and institutional investors.

SimbaTheWeasel

All my homies love DOGE

SimbaTheWeasel

DOGE is the reason I entered the crypto space.

DingDongWhoDis

Walks away without a clue in *DOGE*

pb__

Lol, it's not a fork of DOGE, it's just a token on Ethereum. Always has been.

pb__

DOGE at its peak market cap would be #3 today. The price dropped by over 90% but it's still #9. Says a lot about the current market.

Cappy2020

DOGE could absolutely handle an implementation into X though; it’s TPS will be perfectly fine given that it won’t be the only payment option on the platform (fiat will almost certainly be an option too), and Musk himself has pointed out DOGE’s TPS being fine for such purposes in the past. Plus he’s also said it will be used more as a tipping system (one of the coin’s original uses), which given its low tx fees, again seems perfectly implementable here. But time will tell of its use. Anyways, this notion that DOGE is some dead coin without a team of developers working on it etc is what makes people look bad (and is a common sentiment here on /r/cc). Are there better coins for transaction purposes out there (particularly PoS ones)? Absolutely! But Musk owns X and has been an ardent advocate - for better or for worse - of DOGE. Seeing it get implemented into X would be the least surprising thing.

Armolin

Indeed, Musk is both a curse and a blessing for Bitcoin holders. All they need to regain their social media engagement is Musk to start posting about DOGE again.

Ramdomdude420

I fomo'ed into DOGE. Not doing that again.

Doge_Labs

Similar to what u/Lisa_Ray0810 mentioned, I was going to say the Doge subreddit is a little "less frequented" for sure than before. However, there are new protocols focusing on DOGE (such as Dogecoin Ordinals) which could bring a renewed interest to the chain aside from simply being a stellar meme in and of itself. Plus, bear market and all of course. 

SeriousGains

Elon Musk is the only reason DOGE is even relevant anymore. That should scare you if you’re a DOGE HODLer.

xmister85

DOGE I made 26 times my investment. 💰

GBR2021

Actually that reminds me to get a bag once DOGE comes back to 20 sats where it belongs

juiciestJbox

All the coins that stole from the OG DOGE. Looking at you SHIBA!

Cappy2020

Yes but this is Elon we’re talking about. He changed the whole logo for Twitter to a DOGE after he bought it. Implementing it in its payments system (which Musk has hinted at dozens of times now), seems like the next logical step. Particularly as his right hand man, Jared Birchall is on the DOGE board (alongside Vitalik).

BidPsychological4960

Cast DOGE into the fire! Destroy it!

partymsl

Right, looking at market cap placing helps a lot more and there DOGE is mostly at the same spot.

Abject-Government-13

Dogelon Mars (ELON) is a fork of DOGE and it is doing great things. They have introduced Dogelon AI and you can generate and Mint your own NFTs there. You can sell you NFTs. They are about to hold a Comic generation and writing contest. They are working on the Rufus network and building their technology. They are cheap. They are about a $70M market cap. There is lots of upside and at some point they can shed their Meme branding if they want and go mainstream. Hopefully, they do well, they seem committed and they are not doing anything shady that I can see.

_Beta-Male_

This was my onchain analysis hoped you liked it. If you have any reccomendations go ahead. And the next coin few coins that I am planning of covering are: ETH, ALGO, VET, LINK, DOGE

kirtash93

I am pretty sure that as soon as the bull run comes back money will flow like crazy into DOGE. Even my parents know about DOGE.

Ermingardia

DOGE was my first crypto. Not a holder anymore, but I couldn't hate it.

FutureMoney95

Which crypto do you hate the most..DOGE? PEPE?

Tasigur1

You can still mine some (more or less) interesting coins, for example: * DOGE * Ethereum Classic * **Monero** XMR * ZCash * Ravencoin * Bitcoin Gold \_\_\_\_\_\_\_ **How To Mine Monero** To begin mining Monero, you will need to do the following: **(1)** Obtain a Monero wallet address: This is where your mined Monero will be sent. You can create a Monero wallet online through a service like MyMonero.com or download a local wallet like Monero GUI. **(2)** Download mining software: There are several Monero mining software options available, such as XMR-Stak, Claymore, and Cast XMR. Choose one that is compatible with your computer’s operating system and download it. **(3)** Join a Monero mining pool: Joining a mining pool allows you to combine your processing power with other miners to increase your chances of successfully validating a block and receiving a reward. Some popular Monero mining pools include NanoPool and Monero Ocean. **(4)** Configure your mining software: Once you have downloaded your mining software, you will need to configure it by entering your Monero wallet address, the address of the mining pool you have joined, and any other relevant settings. **(5)** Start mining: Once your software is configured, you can start the mining process by running the software. Keep in mind that mining Monero from a home computer can be quite resource-intensive and may cause your computer to heat up. Also, the profitability of mining Monero can vary depending on the current market conditions and the cost of electricity. Source: https://beincrypto.com/crypto-mining-from-home-2023/

Tasigur1

I am not the biggest doge fan nor do I hold any Doge, but I would assume that DOGE will do well in the next bull run.

Parush9

It was pretty much the same during past bear market phase . This bear market has been pretty different from previous ones as well . I think it can be said samething for several other Alts & coins out there . Let the next bull market phase begin you will see DOGE making a come back following Bitcoin as usual .

Jako_RJB

Just wait until Elon announces that you can buy a Tesla with DOGE

juiciestJbox

What coin sucks but has an awesome logo? I'm not saying it sucks but I hate that I like the DOGE logo so much

Blooberino

Follow the pump upward with a stop limit sell chasing behind. That's what I did during the DOGE p&d in 2021. I kept nudging my stop loss up every 3 or 4 cents and managed to sell the whole bag at 64 cents.

mattg1981

DOGE because of mainstream media during last bull. Although I am embarrassed to admit - I am still glad as it got me into crypto.

pizza-chit

It’s a longshot but so was DOGE

Popular_District9072

has been a while since Elon tweeted anything about DOGE, is he done playing his games?

ROBINHOODEATADIK

Also just got notification from the team at DOGECARD …. They have changed banking partners and will be closing out existing cards . They said if you have a balance of USD on the account after 9/30 they will send a check to the address on file . Any DOGE however is safe and will transfer over to the new card issued . Also the BLACK card will be returned allowing use of DOGECOIN as payment

Ramdomdude420

DOGE

CryptoScamee42069

$DOGE to global money next bull run 😂

DBRiMatt

SHIB to $1 will crush DOGE.

WineMakerBg

According to a post the firm shared on the microblogging platform X (formerly known as Twitter), some of the accepted cryptocurrencies also include Ethereum ($ETH), Binance Coin ($BNB) and the meme-inspired cryptocurrency Dogecoin ($DOGE). Adoption, here we come!

Mr_Bob_Ferguson

Ok, all they are doing is trying to teach people that market cap is (coin price X supply). The reason why this is important is because all coins have different supply. As examples: - Bitcoin has 21 million. - DOGE has 140 billion. So for DOGE to have the same individual coin price as Bitcoin (~$30k) it would require the DOGE market cap to be 10,000X of Bitcoin.

Well_thatwas_random

Classic beginner mistake...one I made too. Wow, I have 1 billion DOGE I'm gonna be rich when it hits $0.25!! Now it is more what small cap coin has the best growth potential and is sitting outside the top 200+ coins?

Mudhutted

We are here. Mt Gox DOGE vets and those who bought SHIB for the shits and gigs, before it was dontated to Vitalik.

Certain_Lifeguard_31

I need to add 2 coins to my portfolio to fill in my 50% BTC, 25% ETH, 5x 5% altcoin portfolio. I've got MATIC, XMR and LINK as 3 of the 5 alts. What else is a good addition? I've looked at ADA, DOGE, BNB and LTC and I'm not sure I like those ones enough. Thanks 😊

Mean-Argument3933

Bullish on $BOXER lol Our kids keep asking us for a dog, should I give them 1 DOGE and call it a day?

Goonzoo

ShibaSonic (I bet no one will remember this) But this is one I bought immediately and went like 40x I've sold when it was only 10x because I thought it's really the next Shiba/DOGE Still made up some losses from other Shitcoin Yolo's I did

Last-Ad318

Bought SHIBA and DOGE

Abject-Government-13

ELON. It is a fork of DOGE and it is super cheap and they keep plugging along without pulling any shady crap. They also seem to try to hold good values.

coinfeeds-bot

tldr; Dogecoin (DOGE) is displaying a bullish fractal pattern on a key support retest. The cryptocurrency is hovering above critical support at $0.06 and is showing a rare triple fractal pattern on the technical charts. Despite bearish or neutral on-chain signals, Dogecoin has demonstrated resilience against the crypto winter and has maintained its position above the support line. The current price movement of Dogecoin draws parallels with its 2021 bull run, which saw the cryptocurrency reach an all-time high of $0.73. The inclusion of Dogecoin in Twitter's financial ecosystem is also being discussed, adding to the memecoin's aspirations. While on-chain signals remain bearish or neutral, Dogecoin's trading activity indicates bullish divergence. Overall, Dogecoin has shown perseverance and dedication to the decentralized spirit of cryptocurrency. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

lovelybittabusiness

There have been some crazy big tips of DOGE in the past in relation to its ATH. I believe single tips that even reached into the millions at ATH.. There's no way you're holding something like that though all the way to ATH and then pulling the trigger

CointestMod

#Litecoin Con-Arguments Below is a Litecoin con-argument written by metnavman. > *Full Disclosure* > > *I sold my position in LTC this year during the last run-up to the ~$300s. Prior to that, I'd held a triple-digit position in LTC since ~2013. I did make money from this coin. That is only because of my time in the market, and not any particular strength of the coin in question. Truth be told, I'd have made more money being in other positions, so it is irrelevant. Perhaps I'll regret it one day. Perhaps not.* > > *I have been banned from various LTC-related subreddits for my opinions, prior to ever making this post.* > >   > > * The technology behind LTC is old. It is tried and tested, but it is old. While that's not inherently a bad thing for many applications, it's not a quality I would consider "strong" in a space where new technologies have vastly out-paced the capabilities of this coin. > > * LTC has the similar advantage that BTC has of being an early mover. As one of the first few coins in existence, it's been capable of catapulting itself into some pretty big places. Problem is, the coin hasn't really *done* anything with that. Mind you, I'm not saying that it hasn't had development, or that it hasn't seen improvements come along. I'm saying that it seems to have more or less reached the limits of it's capabilities as a PoW coin, from a technical standpoint and an investment standpoint. Specifically as a less-valuable version of BTC, and more recently, left in the dirt by DOGE. It unclear whether or not it will recover. It did [have this](https://news.bitcoin.com/grayscale-adds-174000-ltc-to-its-litecoin-holdings-price-of-the-altcoin-unresponsive/) and [this](https://www.theverge.com/2021/3/30/22357246/paypal-buy-with-bitcoin-litecoin-ethereum-crypto-checkout) happen recently, but so far, from a price increase/positive outlook standpoint, it's kinda [felt like this.](https://imgflip.com/i/5b3zj1) > > * [There are better coins for speed](https://www.stellar.org/?locale=en). [There are better coins for transaction fees](https://medium.com/nanocurrency/cryptocurrency-fee-comparison-which-crypto-has-the-lowest-fees-4e9118590e1f). [There are better coins to make money trading on](https://coinmarketcap.com/historical/), depending on [your level of risk](https://www.analyticsinsight.net/top-10-highest-growing-cryptocurrencies-in-2021/). There are better coins for storing value, namely the one worth the most. The only time that statement would change is if you were *already invested in LTC from years back*. Tl;Dr - **There are better coins**. The problem with this conversation is that it stops being about the technology behind the coin, and that makes it difficult to speak to the Pros and Cons without talking to the other aspects, which is discouraged within the guidelines of this case study. We drift into less technical merits and more psychological aspects/money-driven reasons: people who stand to lose money in their investment/not see the coin grow further and do not want that to happen. > >   > > ==*The rest of this will lean in the opposite direction of the guidelines set forth for this argument. Past this point, you're entirely in the realm of my opinion/experience as a crypto holder/trader since the early 2010s. Do your own research.*== > >   > > * Litecoin gives off that MySpace feel these days. It gives off that "my grandma still has an AOL account" vibe. If you frequent the large melting pot subs for crypto, you'll find LTC is largely dismissed or bemoaned as that "red-headed stepchild of BTC". It's boring. It doesn't do much. That said, what it **does** do, it's pretty good at. Not great, but good *enough*. For some institutions and use-cases, that's perfectly fine. > > * You will consistently hear people who are in favor of LTC tell you that the age is a "feature" and that institutional money wants "stability" in their investments. While I disagree with those arguments, institutional money should be meaningless when trying to create a truly decentralized currency that anyone can use for anything, I understand where those folks are coming from. They're in this game to make money, which is what most everyone is in this game for, and likely what folks reading these arguments are looking for. > > * At the time of this writing, LTC has slipped to #15 for total market cap. I mention that because it once held the #3 spot [(#2 lost and never regained to ETH shortly after ETH arrived on-scene)](https://www.youtube.com/watch?v=1BCadb6SPNQ). It's slowly decayed from those top positions as time has gone on. That's not *inherently* a problem, as many coins far lower on the list have great use-cases and bear markets always shuffle things up. However, it creates a very serious problem: negative perception. > > * Remember what I said earlier: psychological. People don't like betting on the loser. People like to see their choices succeed, and again, at the end of the day, the vast majority of people in this space are lookin' to make some scratch. LTC is a hard sell for that. This past 2021 run, [you had a brief 7-day window](https://ycharts.com/indicators/litecoin_price) to potentially cash out your position around $350-$380. 11 days above $300. A nice 10x if you'd been betting on LTC [since it was ~$20-$30 back in 2017 or Dec 2018-Jan 2019](https://cointelegraph.com/ltc-price-index), but nothing like the gains that many other projects have seen since then (and only if you sold and didn't "hodl"). The markets have since taken a **massive** hit in late May 2021, and LTC dropped even lower ($184 as of 26 May, but crypto be like that). > > * If you google LTC, you'll see a bunch of predictions about how the coin is "bound for 10k" and it's "always a solid investment". It's actually a meme on some of the LTC-specific subreddits that LTC is always "2 weeks away" from that next big break. In my humble opinion, that break has come and gone. Those of us who put money into the coin at $3 have seen 100x on our returns. The coin has been in the media since 2017, and is one of the few coins that has been shown in major news outlets alongside BTC and ETH. This isn't **new** news though. These developments have done nothing to catapult the coin to some mythical new height that it's "destined" to reach. In stock-lingo, one could consider these developments to already be *priced in*. > > * [There's good things to say about the coin](https://beincrypto.com/litecoin-completes-mimblewimble-code-ltc-scaling-privacy/), but this isn't that sort of movie. I personally don't think those good things out-weigh the bad, and the entire thing comes full-circle to the crux of these arguments: LTC's technology is not on par with what the modern crypto-space has to offer, and LTC is not going to make money in significant amounts for the new investor compared to other projects in the space. I'd challenge someone interested in becoming a new investor in LTC to ask other holders when they entered. Good money says the vast majority are still holding from the 2017-2018 hype, just hoping for a chance to either get back to green, or maybe see some new gains. Sure, there's whales and "old money", but they're the ones with the vested interest in keeping LTC afloat. No one wants to see their nest egg dry up, and like I said, there *are* uses for the coin... I guess... [Go read the "Pro" argument section.](https://old.reddit.com/r/CryptoCurrency/comments/n5ugij/pro_contest_litecoin_proarguments/) > > * Just reading the linked articles, you can see incorrect/outdated information, price inconsistencies, hell, even the authors don't understand what "code complete" means for MWEB. Some of them [think it's already online for current use](https://anycoindirect.eu\/en/blog/mimblewimble-litecoin-s-vision-on-privacy)(it's not, as of 26 May). Cryptocurrency is volatile as HECK! > >   > > **I could be 100% wrong. LTC could go to 1k this year. It could go to 10k in '24-'25. It might not. At this point though, what makes it any more likely to "moon" than other projects within the space? What does LTC offer that other coins don't already do and do better, aside from "already got an old, wrinkly leg in the door?"** *Take that as you will.* ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

CointestMod

#Litecoin Pro-Arguments Below is a Litecoin pro-argument written by metnavman. > *Full Disclosure* > > *I sold my position in LTC this year during the last run-up to the ~$300s. Prior to that, I'd held a triple-digit position in LTC since ~2013. I did make money from this coin. That is only because of my time in the market, and not any particular strength of the coin in question. Truth be told, I'd have made more money being in other positions, so it is irrelevant. Perhaps I'll regret it one day. Perhaps not.* > >   > > * LTC is one of the "OG" coins. [As a fork of the Bitcoin protocol, it's been around almost as long.](https://www.investopedia.com/terms/l/litecoin.asp) It is a very secure coin, and utilizes [Proof of Work](https://www.investopedia.com/terms/p/proof-work.asp) through Scrypt to maintain that security. > > * This "early mover" advantage has allowed LTC to catapult into some very strong positions and use cases. I'd personally put it's [uses on the Paypal platform](https://www.paypal.com/us/smarthelp/article/what-do-i-need-to-know-about-litecoin-faq4401) as one of it's strongest positions in the current financial zeitgeist. [There are certainly lots of others.](https://www.reddit.com/r/litecoin/comments/csfixo/1100_companies_and_stores_accepting_litecoin_as/). > > * LTC is arguably the strongest PoW coin available. It is faster than BTC, cheaper to use, and available for use basically everywhere relevant that BTC is. As far as trading platforms and "on-ramps" for converting fiat currency into cryptocurrency, LTC will get you where you want to go. While it is not worth as much as BTC, it's far more capable for doing what a cryptocurrency is "supposed" to do. Ya know, be a currency that doesn't cost silly amounts of fees to use and take forever to confirm. > > * LTC's development team is currently working on implementing [Mimblewimble](https://www.mycryptopedia.com/mimblewimble-explained/) capabilities to the coin. The quick and dirty for that is adding a "privacy feature" to LTC, as well as potentially solving scalability issues that could crop up one day if usage of the coin were to exponentially increase. Development is ongoing in 2021, and viability/efficacy is not fully determined as of this writing. > > * LTC follows the same [halving](https://stormgain.com/blog/litecoin-ltc-halving) protocol as BTC. This has correlated to price increases for the coin in a similar fashion to BTC after each of these "cycles". It stands to reason that LTC should see another price increase in the 2024-2025 time-frame, coinciding with the next halving [set to occur in Q3 2023](https://litecoinblockhalf.com/). There's math and wrinkly-brain reasons for why it takes some time for the halving process to reflect in the market price. You'd have to go searching; I don't really understand it. There's a shiny graph on that link I put. Have fun. > >   > > ==*The rest of this will lean in the opposite direction of the guidelines set forth for this argument. Past this point, you're entirely in the realm of my opinion/experience as a crypto holder/trader since the early 2010s. Do your own research.*== > >   > > * I would stress that you proceed to [the LTC "Cons" portion of these arguments](https://old.reddit.com/r/CryptoCurrency/comments/n5vbyk/pro_contest_litecoin_conarguments/) after finishing here and read what I've written there as well. My goal is to remain as unbiased as possible for these write-ups, and I will speak only to the positives of LTC in this thread. I encourage you, the reader, to view both sides and make an educated decision before investing in *any* crypto asset. > > * LTC offers a "tried and trusted" investment platform. If there was a stock to compare LTC to, it's the massive ETF or mutual fund that people put money into year after year and reliably draw a profit from. You will not see the insane fireworks of a DOGE pump, or the rug-pull of a [BITCONNEEEEECT](https://thenextweb.com/news/bitconnect-bitcoin-scam-cryptocurrency) when you put your money into LTC. You will get an investment that "should" make you money in the long run, and potentially set you up for some really solid gains in the future. > > * LTC is not the behemoth that BTC is within the crypto space. The intimidation that comes from the price-tag that BTC sometimes wields ($37K to own one coin at the time of this writing, 60K+ attained) can be a turn-off for the smaller investor still interested in owning a "full coin". While this mindset is considered by veterans within the space to be somewhat naive and counterproductive, it is a psychological aspect that affects many projects within crypto. LTC's ability to allow someone to jump in at a much lower price point and still feel like their investment is "effective" is certainly a strength. > > * LTC has been picked up in the 2021 bull-run by [large institutional entities](https://news.bitcoin.com/grayscale-adds-174000-ltc-to-its-litecoin-holdings-price-of-the-altcoin-unresponsive/), signalling some confidence in it's ability to generate income in some fashion for shareholders/investors. It remains to be seen how this action will play out, as the events are too closely aligned with the large correction in late May 2021 before the coin could pick up steam. [It briefly touched a high-300s price-tag](https://currency.com/litecoin-price-prediction-2021), and many of LTC's supporters believe that it was aiming to go higher before the entire market dropped. > >   > > LTC has carved out a solid niche for itself over the years, and a loyal base that wants to see it succeed. As with any investment into a volatile market like crypto, there's a good chance you could lose some money. That said, I would put the chances of it happening with LTC over the long run at a smaller percentage than some of the more risky or "unreliable" projects in the space. If you have patience and are looking for a low-stress coin with some realistic use cases and a good track record for ease-of-use and operability within the crypto-world, LTC may be the coin for you! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

Gungho_Gringo

I agree with this. Many of the "investors" who only invest in shit coins cause its all they know, will see DOGE pump 20 percent and they will start buying like crazy. That will just drive the price up like it did last time. I don't know if it'll scale as high but I can agree that doge will rise once again, with the rest of the market.

Certain_Lifeguard_31

I meant the other football 😆. Is Algorand a good investment? What kind of coin is it? Is it like BTC, XMR and DOGE or like ETH, MATIC, BNB and ADA or like LINK or what? Those are all the coins I know 😅

Certain_Lifeguard_31

Well, I read the advice from a bunch of sites that talked about putting a max on the investment and now I'm pretty sold on hitting that number. Most places said something above 5% and below 25% or somewhere in between for total % of portfolio. I'm sticking to either 10% or 15% but haven't decided which. That means that some dollars are unspoken for right now and I'm going to put them somewhere. Where is the question and BTC is not going to be the answer because it already takes up 50% of my total investment in crypto, unless I up my investment to 15% of my portfolio and then I'll just buy into each of them so that BTC still takes up 50%. The problem is that I just learned about the ones I've bought and there are so many remaining to choose from. I've decided against ADA, DOGE and BNB but I don't know a thing about any of the remaining however many thousand coins that exist to research 😅

lovelybittabusiness

Just because you cash out doesn't mean that you're holding cash.. Diversification is the name of the game.. Invest in real estate, rent that out, buy some stocks, gold... You'd be in a far better position than a boatload of DOGE

glistofor

Hi is still millionaire just in DOGE

thejuicesdidthis

Congrats! I missed out on DOGE because I didn't want to invest in meme coins back then.

CointestMod

#Dogecoin Pro-Arguments Below is a Dogecoin pro-argument written by CreepToeCurrentSea. > Dogecoin is a cryptocurrency that was created by IBM engineers as a joke aimed at cryptocurrency investors on December 6, 2013. It was regarded as the first meme coin, featuring the well-known meme dog "Doge." It has had its fair share of criticisms and triumphs, as well as media problems, particularly with regard to Elon Musk, CEO of Tesla, who also considers himself the "Dogefather." Dogecoin is now in the top ten in terms of cryptocurrency market capitalization, with a trading volume of around $233,000,000, and is down 90% from its all-time high. > > # PRO's > > **One of the OG Coins** > > * Doge was the first meme coin to appear on the crypto market, having been created in late 2013. Despite thousands of new meme coins attempting to dethrone it, it remains in the top ten cryptocurrencies in terms of market capitalization almost 9 years later. The number of supporters it has amassed since its inception is no small feat, and it has even increased during the most recent bull run. Doge has come a long way since being labeled as just a joke and now become more of the household names in Crypto. In terms of market time, Doge clearly has the upper hand. > > **Transaction Fees and Block Time** > > * The most recent average transaction fee for Dogecoin is 0.768 DOGE or $0.046 with a block time of approximately 1 minute. These are the metrics that define an ideal cryptocurrency for transactional purposes. In comparison to BTC and ETH, which have transaction fees of 0.000045 BTC or $0.875 and 0.0023 ETH or $3.13, respectively, and average block times of around 10 minutes and 0.2 minutes. If a user wants to make a transfer, Dogecoin is one of the better options because it has less expensive transaction fees and has faster block times than most cryptocurrencies. > > **Day-Trader's Paradise** > > * Dogecoin is a haven for day traders due to its volatility on multiple exchanges and hundreds of pairs. Although the cryptocurrency market is volatile in general, Dogecoin has the advantage of being an older coin than most meme coins, allowing for a more secure network, a high transaction rate, and extreme price fluctuations. Traders will be able to trade doge on a daily basis without having to worry about blackouts or network congestions (except when the exchange itself is pausing transactions, etc.) > > **Community Owned** > > * Dogecoin has a strong community, with 2.3 million Reddit users, 3.4 million Twitter followers, and 30K Discord users. Dogecoin has come a long way from being referred to as "a joke" to being considered a reputable coin in the top ten cryptocurrencies. You can find their announcements, trail map, FAQs, guides, advisories, and dev blogs on their website (which is clean and very meme-like in its own way). They also have notable advisors on board, including Elon Musk's (Legal and Finance) representative and Vitalik Buterin. The Doge community, through the Doge Foundation, also participated in numerous fundraisers and other charitable acts, demonstrating a more positive side of the otherwise vilified crypto communities labeled as "greedy" or "degenerates." > > *Sources:* > > [*https://dogecoin.com/*](https://dogecoin.com/) > > [*https://bitinfocharts.com/comparison/tweets-btc-eth-doge.html#3m*](https://bitinfocharts.com/comparison/transactionfees-doge-dogecoin.html#3y) > > [*https://github.com/dogecoin/dogecoin/blob/master/COPYING*](https://github.com/dogecoin/dogecoin/blob/master/COPYING) > > [*https://www.coingecko.com/en/coins/dogecoin#markets*](https://www.coingecko.com/en/coins/dogecoin#markets) > > [*https://www.reddit.com/r/dogecoin/*](https://www.reddit.com/r/dogecoin/) > > [*https://foundation.dogecoin.com/*](https://foundation.dogecoin.com/) > > [*https://web.archive.org/web/20180603102446/https://papers.ssrn.com/sol3/papers.cfm?abstract\_id=3091219*](https://web.archive.org/web/20180603102446/https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3091219) > > [*https://www.forbes.com/uk/advisor/investing/what-is-dogecoin/*](https://www.forbes.com/uk/advisor/investing/what-is-dogecoin/) > > [*https://web.archive.org/web/20200211215434/https://www.latimes.com/business/technology/la-fi-tn-jamaican-bobsled-dogecoin-currency-meme-20140120-story.html*](https://web.archive.org/web/20200211215434/https://www.latimes.com/business/technology/la-fi-tn-jamaican-bobsled-dogecoin-currency-meme-20140120-story.html) > > [*https://web.archive.org/web/20140202003942/http://www.nbcnews.com/technology/dogecoin-cryptocurrency-donors-help-send-indian-athletes-sochi-2D12024654*](https://web.archive.org/web/20140202003942/http://www.nbcnews.com/technology/dogecoin-cryptocurrency-donors-help-send-indian-athletes-sochi-2D12024654) > > [*https://web.archive.org/web/20140714140736/http://www.ibtimes.co.uk/most-valuable-tweet-history-donates-11000-worth-dogecoin-kenyan-water-charity-1440565*](https://web.archive.org/web/20140714140736/http://www.ibtimes.co.uk/most-valuable-tweet-history-donates-11000-worth-dogecoin-kenyan-water-charity-1440565) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Dogecoin) to find submissions for other topics.

BradVet

Glauber Contessoto went all in on Dogecoin after Elon Musk started pumping the cryptocurrency on Twitter back in 2020. After using all his savings and credit card to plug $250,000 into the cryptocurrency, his holdings shot up to $3 million at one point—but “diamond hands” Contessoto, 35, refused to cash out. Now, with Dogecoin (DOGE) down by over 90% from its May 2021 all-time high of $0.73, the Las Vegas resident has watched the value of his holdings drop to as low as $50,000.