DOGE

Project_Demosthenes_

Better off looking into spx6900, an evolution of DOGE culture, BTC, and GME combined. r/spx6900 https://preview.redd.it/wp03u4fi8p0g1.jpeg?width=680&format=pjpg&auto=webp&s=58381d7be37690a95631ca037ac9724ac5810307

DBRiMatt

I'm not so familiar with proof of work, but I assume there is some sort of 'lottery' to it. I believe SHIB is like BTC, it has a max supply, and relies on burns to bring it down. I think DOGE just gets more supply. I was hoping some else would have answered this for me xD

Y0l0BallsDeep

I'm still waiting on my DOGE stimu check

Melodic-Rip5039

Ada is barely even spoken of your choice but you know what your getting into with those. Casino. Your not the house bro. A solid bro would suggest BITCOIN , ETH , SOL AND XRP. THATS FUCKING IT. DOGE AND SHIB FOR PEBBLES IF YOU WANNA GAMBLE SOME.

fredjsnj

After the DOGE $5k check

AutoModerator

Post is by: LongjumpingPresent19 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ot0zgz/us_currency_market_gov_dollar_make_it_make_sense/ I’m a pretty street smart, work in finance, have taken the red pill, yet cannot put my finger on what’s playing out here across the topics below. I have to imagine this feels a lot like what it felt like in 1970 before the reset or in 2007 pre-recession, but it’s like a mix of The Big Short, Terminator, Anastasia, Squid Games… and everything happening all at once, which I realize is by design. I know I’m not the only one feeling this, so let’s put on some tinfoil hats and figure this out… 1. Currency & Dollar Debasement - [ ] The Genius Act with stable coins tied to treasuries… - [ ] Hedge funds currently holding up US Treasuries - [ ] Nonstop printing/ debasement of the dollar - [ ] Global shift toward CBDC, stablecoins, digital IDs, etc. - [ ] This admin and its cronies pushing BTC and stablecoins simultaneously - [ ] JPMC still only owns about $1M worth of BTC - [ ] Various BRICs backing investments in gold while we open up AK mining for gold and invest tons of money into nuclear power - [ ] DOGE doing whatever the hell it did with our info 2. Economy - [ ] Constant, impending crash, reset or rug pull - [ ] Endless bailouts- Basically, real estate, healthcare, insurance, cars, banks are all living off gov subsidies (aka our taxes and value of the dollar?) - [ ] Big Beautiful Bill incentivizing home buying amidst property taxes rising, institutional investors and so many Boomers dying off - [ ] UN “you’ll own nothing and be happy” - [ ] All of Trump’s comments about paying off the national debt with bitcoin - [ ] Gov allowing PE access to our 401ks - [ ] Gov withholding benefits distributed directly from their hands, while deepening reliance on every facet of “private markets” via constant bail, outs and inflation - [ ] The AI genie is out of the bottle and going to inhibit our ability to maintain careers/ stable pay Questions/ hunches I have, but haven’t fully pieced together: - [ ] Switch to stable coins feels like a pseudo-nationalism currency play on US gov spending? But aren’t the stablecoins even worse than our fiat dollars if they can still be devalued by “printing?” Even worse, these would incentivize the gov to keep over spending and allow them to further monitor us… - [ ] Hasn’t every empire who tried to nationalize their currency faced sabotage? Or are we going to stage wars (or currency crusades) to impose the US stablecoins on others? - [ ] Does this further cuff us to the sinking US ship? - [ ] Is this admin moving toward the WEF’s wishes or against? - [ ] The Hedge Funds have insider info from the admin and are hiding their money in treasuries for some sort of windfall to come? - [ ] Various BRICs backing investments in gold—is the next war going to be around 2 world currencies? One backed by gold, one backed by the US gov’s P&L? - [ ] Or are we going to devalue gold via the AK mining? Also, isn’t gold made via nuclear fusion? We’re investing a ton into nuclear, how long until we can make gold in a lab? - [ ] Was Elon’s point about no currency and just energy referring to BTC, carbon credits or otherwise? - [ ] This admin and its cronies pushing BTC, but if it were truly valuable wouldn’t they’d wanna keep it to themselves? - [ ] Yet there’s no plans for regulating it and the genius act or otherwise, so is it truly the sovereign hedge? - [ ] DOGE- let me guess they’re going to say Russia breached our data, we have to shut down Social Security, and here’s a new digital asset account for you all set up and ready to go? - [ ] BTC becomes a non-regulated store of value hedge, but it can still be confiscated? - [ ] What happens to the credit card networks in this? - [ ] What leverage do we have? - [ ] Beyond your religious beliefs, community and nature, what does sovereignty actually look like in this mess? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

drugofchoice76

https://preview.redd.it/1jvyza8rwb0g1.jpeg?width=1200&format=pjpg&auto=webp&s=cec68d65676d074e4844fc582849d19bc3854b2d Yes! Im going to put in the same place where my DOGE check is.

Stunning-Chipmunk243

Still waiting on my payout from all the savings DOGE supposedly garnered for us all

Dubb18

Bessent actually clarified this post this morning and suggested the $2K may come in the form of tax breaks. All this means is don't hold your breath while Trump is setting up to blame a Supreme Court decision on tariffs as to why those checks didn't come in the mail (they were never going to come like the DOGE checks).

Double-LR

Is my DOGE check just gonna be stapled to the back of this check or… should I keep checking my mail box every day???

MandyG6

We’re gonna be rich! Oh wait, where’s my 5k DOGE rebate.

kellzone

Still waiting on that $5K check from all of DOGE's savings that we were promised. Should be here any day now I bet.

ScandicVoyager

Like the DOGE check?

poa_kichizi

Checks are in the mail right behind the $5k DOGE checks

Carmanman_12

If you think this is going to happen, you’re delusional. It’s like those $5k DOGE checks.

straylight_2022

This payment will immediately follow the 5k *DOGE* dividend *check scheduled for "next year".* Unfortunately that is a musk "next year" which has a indeterminate actual time frame. Could be 3 years, 12 or never. It is related to a trump "two weeks".

night_crawlers

The check is in the mail just like the DOGE checks 🤣

lunargrover

Yeah, DOGE dividend, plus Tariff money is $7000! lol

Dr-Mumm-Rah

The same idiots that are still complaining that their DOGE savings checks were probably lost in the mail.

M3ad0w5

I’m still waiting on my DOGE dividend… /s

Future-Bet4783

Tech boomer coins leading is good for the market, usually means it’s still just crypto native people fomoing in. When you see shit like SPX6900 doing a DOGE coin type move, shit is max frothy

mrtotot1995

The irony is people who disregard Chat GPT like this, clearly don't use it. It actually lists the sources used for the information gathered. So you're only settling for Reddit if you are entirely uncritical and choose to settle for Reddit. Mine is programmed to only seek credible and non partisan sources and it links said sources, so your point is entirely invalid. I think it's good that you claim to watch all outlets, I would agree that's good media literacy practice. But claiming Fox news is the most credible....while reality dictates that it is among the least credible, reveals a level of brainwashing and projection that is beyond my scope to deal with. I don’t hate Elon, I just see him for what he is. He bought his way into political influence, used ‘saving taxpayer money via DOGE’ as a smokescreen, and then gutted agencies while funneling contracts to his own companies. that’s a textbook conflict of interest. His fraud and waste claims were exaggerated to justify it, and when that narrative collapsed, he flipped audiences. First grifting the left with idealism, then the right with outrage. He’s not a hero or a villain, he’s just another billionaire opportunist playing both sides for profit.

ArtichokeUsed1129

>**Well you got your answer**, fundamentals matter even if the underlying ownership of the asset isn't being publicly traded. Huh? Is that a yes or no on if you wouldn't mind owning your cryptos even if they werent traded on a marketplace? I mean all in all your assets have to produce SOMETHING to you for you to own it, right? I don't know what hyperliquid or whatever is and am not interested in learning about it, but maybe you can tell me what do you get out of those others you mention, assuming you own them to mention them, ETH, AAVE, SOL, TRON, etc. Can you tell me how you calculate what price you are willing to pay for any of them? What price you determine to be overvalued? You say you can calculate it using traditional metrics. Can you just tell me what figures you've come up with? You mention P/B but that makes zero sense for a crypto. I'm not going to open 5 different links on something that you can just say because surely you can spit out some metrics as an owner yourself. Honestly, If I go to a cryptosub and ask what metrics they use to value their holdings you think anyone will do anything else than laugh? Never did I see ANYONE talk about P/E on a shitcoin, and I seriously doubt you have done any financial calculations to determine a FAIR price. I know that these communities are such large echochambers that theres always a few posters leading others who are just parroting the same stuff forwards without even understanding it themselves. It's actually funny that you think these aren't speculative assets where money is being made based on other people speculating on their market price. Do you not see most of your fellow investors say its just speculation and they are just gambling? Does that not bother you? What comes to luck, that's probably the biggest cringe here. You think something like DOGE has good fundamentals instead of holders just getting lucky that Elon decided to pump it because he though it was hilarious? So if someone made Doge 2.0 with objectively better "fundamentals" how would you determine it's market value compared to the original? Other peoples speculation IS the driving factor for any crypto. Or are you going to use P/E, P/S, P/B again on something that doesn't produce anything or have a book for their assets to even calculate it of? How many cryptos even produce anything where you can do your valuation that you deem accurate? I mean you must regard your valuation as accurate for it to even have any meaning. Probably less than 0.1% though? Nobody here even here cares about anything that's been produced, at most its SPECUALTION on future developments, do you really not see that? Thats why these aren't fundamentally sound assets, they are speculative ones based almost entirely on hype from retail investors, none of the actually smart investors would touch any of this, and no you aren't smarter than them and neither are the twitterbros you parrot who probably have zero education on economics.

Fyve0nit

My 2014 DOGE made profit... SURE it took eight years, some Elon tweets and mutiple rigs on this very site before that... My 2017 XRP bag made profit SURE it took 8 years of garlicbread pressure but it made profit You see what im getting at?

scruffmcgruffs

Dang, I thought it was me. It happens every time. Had some money saved up to pay school taxes. Figured I’d throw some in BTC and DOGE until I needed it (like 3 days max). Mannn I lost like $300 wtf. Every damn time 😂

devCheckingIn

Why is ETH down 10% but DOGE only 2.5%? What the hell is going on out there in the markets?

devCheckingIn

Officially a 20% correction now since Oct. 6. That means we just had our bear market. The next bull market has just begun. DOGE $10 EOY NFA

AnoAnoSaPwet

Point of reference here, I tracked BTC for years, and then the one year I had saved up to buy a whole BTC around this time of year, when the market dumps, the bullrun started. Back when they gave away DOGE for free. So, doom/gloom all you want, but around Christmas time used to be a time where BTC would dump hard, and that year it skyrocketed. Since then, I've stopped worry about the dips because it can randomly go up, and when that happens, things get crazy.  For this cycle, the craziness hasn't even started yet. It was madness back in 2017/2018, madness again in 2021/2022, and it's going to be madness again. 2025/2026 (if you go by the cycles). That's why I always wonder if all those people who talk about the 4-year cycle, have actually been around for the pre-cycle bear market? 

Rando1ph

Yeah, I'll do the same thing as I did last cycle. Go all on on the BTC around the lows, here in a year or so. Then I'll buy into some alts, probably DOGE, SOL, and ETH with much smaller money, monthly.

LargeSnorlax

Cryptocurrencies are better off in terms of framework as a result of this admin at the very least. Banks have been foaming at the mouth for years to get things like [Kinexys](https://www.jpmorgan.com/kinexys/index) (or JPM Coin) so that they don't even have to keep your money any more, they can give you IOUs of your money, just like the good ol' exchanges. The current US admin is running its schemes which is a bad look but in reality that's how Crypto is, anyone can do anything on it. Elon can pump DOGE or Blackrock can hype up its ETF, it doesn't affect Bitcoin's ethos or anything in the space other than the price. More stuff can be paid with in Crypto these days than 2017. My electronics, vacations and hotels are all Crypto these days. Crypto card covers the rest. Yes, it's not *"Your local grocer accepts Bitcoin directly"* but I'm realistic that my local grocer is never going to be accepting ETH transactions in my lifetime, nor do I really care if they do or not. Exchanges are more regulated and although a lot of them are still scammy, there are fewer Etherdeltas / QuadrigaCXes / FTXes in 2025. While that means I don't have access (technically) to a lot of scammier exchanges like Binance, the space in general is improved. Overall? Pretty good. I think weirdly enough that other than Bitcoin a lot of the work in the space right now is being done on stablecoins, which is funny because it's just a blockchain substitute for the dollar, but that's what everyone seems interested in, so hey.

TheDoge420

DOGE holding above .10 is pretty impressive, a dollar may not be impossible maybe even $2 in a serious bull run

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

Any_Film_3897

Bellscoin is created by the same founder of DOGECOIN $BELLS is 8 Days earlier than $DOGE

LargeSnorlax

If you took out both DOGE and SOL, you'd have $1,560, or about 3x your original. Bitcoin would be better. El Tio and IOTA dragging down the bottom there though.

meeleen223

SOL and DOGE doing some heavy lifting, Also El Tio 😂

wildwych

My first ever buy was DOGE when it was about 8p. It got to 34p and all seemed set for it to be a hodler. Then that bastard Elon Musk took on the government department he named DOGE, immediately cutting funding to poor and vulnerable citizens of America. DOGE started to drop. I got out at 25p - I'm not complaining for myself because I made a little over 200%. Musk left the Government having pissed off the public, the Tesla shareholders who were being ignored and made DOGE almost a dirty word. The price today is 14p. I learned that even the coins you think are long term holders need careful watching several times day. Also be extremely wary of anything associated directly with certain big names. Especially the loud ones.

Gig-a-bit

Got ETH @ $14-$20ish sold half around $4500. HODL the rest. Got DOGE @ 0.0007 - 0.001 (using spare change left over from BTC purchases. Accumulated enough to give each of my 3 children 25k DOGE each as a Christmas gift. One of them still HODL today. LINK @ 0.9016 still holding.

CyberCrud

I also bought $24 worth of DOGE before the pandemic and made $5000.  Makes me wish I had bought more.  

lil-huso

Banano comes to mind. Feeless. It’s like DOGE in the beginning

HorsedickGoldstein

Are you fucking retarted. Look at crypto prices 1 yr ago vs today. Please tell me what is “really that simple”? Can you point to the policies coming out of the white house that have “destroyed” the bull run. Let’s look at price changes 1yr ago vs today. 1yr Changes BTC Up 48% ETH Up 46% LTC Up 30% XRP Up 372% XMR Up 100% SOL Up 6% ADA Up 76% DOGE Up 6% XLM Up 220% If you lost money over the last year you’re just a terrible fucking trader or investor and are putting the blame on trump instead of taking accountability yourself. Disclaimer, no I did not vote for Trump. Just tired of people shifting the blame to other people. Trump didn’t click that buy or sell button to you. You just sound like a whiny little bitch🤡

Demosthenes_

There was a time that people tipped DOGE (when it was new and worthless) on reddit comments pretty regularly.

LargeSnorlax

Let's be real, people in desperate gambling situations aren't going to be using the search function to find posts like this before they go all in on ArAIstotle or whatever the coin of the day is, they're going to take all their money, pull the slot machine's lever and then curse out their financial luck and misfortune. Altcoin "investing" is simply gambling. If you want to do it, accept that you can lose whatever money you're putting into it. It's basically like those stock games you used to play while you were in school, see if you can find the stock that's going to go up. Altcoins are exactly that - You prune and you comb and you find something that can take off, and you take profit before it goes to zero, which it almost inevitably will. Altcoins are not investing. Cryptocurrency is not investing. Be honest with yourself and treat it exactly as what it is - Hyper leveraged gambling, like 0DTE options. DOGE or PUMP is not your retirement plan, they are not something you want to be holding 10 years from now, they are not something that will appreciate over time. They are not companies which make a product or generate income, they are not precious metals that have a use and collectors and worldwide acknowledgement. They are tokens created from thin air by some of the biggest scammers in society. Yes, you CAN make money off altcoins. To do so requires an incredible amount of research, trend watching and a bit of dumb luck. Most people will lose a lot of money. Know this before going in.

pop-1988

The ability to store arbitrary data on the blockchain was not enabled by Taproot The ability to store arbitrary data on the blockchain has existed since the beginning, and still exists on all Bitcoin-like blockchains - BCH, BSV, LTC, DOGE For reasons explained in a bitcointalk thread, Satoshi implemented payment transactions as executable scripts. A payment script requires data push operators to store the pubkey or pubkey hash in the locking script, and to store the signature and pubkey on the unlocking script. A data push operator can not be constrained against storing arbitrary data The BIP444 proposal doesn't remove the ability to store arbitrary data on the Bitcoin blockchain. It only tweaks a couple of parameters. These tweaks are ineffective. They don't make it more difficult to post arbitrary data. They only change the methods Please remove the personal insults from your post. Debate the issue. Attacking the people only demonstrates that you're unwilling to understand and discuss

TheDoge420

DOGE at .20 still amazes me

wildwych

It was DOGE until Elon (spit) Musk fucked it up ro royally by using the name as an acronym for a government (spit) department to rob the poor to give to the rich. 🤬💩 I didn't lose thankfully - I bought at about 8p saw it rise to 34p and pulled out at 25p. It's 15p now. The fall came when EM started his government hatchet job. My current favourites are Humanity, Akedo, Memecore and Mantle. All seem to potential for HODLers.

ihavescouredthenet

most who bought at that position were also playing with the first alt coins, leveraging, or swing trading.... shit, i have somewhere a ton of offline BTC engraved on rocks, paper wallets, gifts i gave to family during xmas im sure nobody secured, just because "learning blockchain tech" was the thing to do back then the big three were BTC, ETH, and LTC, and then a whole A tier suite of altcoins.. some incentives were there to hold certain altcoins with utility (MCO, other cryptos that would be used IRL on debit cards) alt booms against BTC were a main reason to not just HODL BTC... early DOGE adopters saw this and continued year after year exploiting this whale pools would trade together and signal 30-1000% runs, sometimes lasting seconds or minutes, signing off and mentioning what you were sleeping in (fiat or coin, and what type of price alarms and limit buys/sells you had set) was the norm, you never slept, 30% swings daily in the major coins, it was wild west for sure

Flipmode45

Looking over the charts, it does appear the bull run was in Q4 2024. Some alts like SOL basically double topped the previous high, others like DOGE gave a lower high as would be expected for the diminishing returns of alt coins. Oh dear.

loIll

I bought $SHIB with $2k because a friend told me about it. Then it exploded and $SHIB surpassed $DOGE in market cap for a day. I sold about half and made about $40k. If I had sold all of it, I would have made about $78k. You win some, you lose some. Then I threw in $2k into Solana when it dropped to $12. Then I sold it when it hit $200. When it went up to $260, I had a bit of FOMO, but I’m back in after it had dropped to $100. Always sell when something has pumped thousands of % and just hold USDC for the crashes.

ElFanta83

DOGE for the win

Hitachi22

Litecoin is never going to pump. If it was going to, it should have done it by now. Everything you mentioned is priced in, the market is very efficient at reflecting all that in the price. What hurt Litecoin from actually being a store of value is it being merged mined with DOGE, an unlimited supply memecoin.  Look at Bitcoin, after every halving price must increase to compensate for the reduced block reward. If not miners would be operating at a loss.  With Litecoin halvings it doesn't have the same effect, price doesn't increase after because miners make 90% of the revenue from Doge. Litecoin could literally stay the same for all eternity as Doge has an unlimited supply and the miners will always have that revenue stream.

ronnoco_ymmot94

"i used to believe that $DOGE would easily hit $100 in a few years and that my coins would be worth $24,000 (which is a HUGE amount in my country, enough to move out and have my own caretaker)." You're cooked

olduvai_man

Definitely a learning lesson as there was never a prayer that either DOGE or SHIB would hit even a fraction of these prices (both are overvalued as it is right now). Sorry that you're in a tough situation, but there are defniitely still opportunities in this space.

TyroneGooseberry

None of these are “meme coins”… alt coins? Sure! But meme coins are like DOGE, PEPE, SNEK, SHIB, TRUMP. Intentionally comedic names with no real utility other than swapping and really high supply.

Comfortable-Half5165

If you’re starting small, go with ADA stable and good long-term. USDT is safe for holding value. The rest (DOGE, APE, TRX) are riskier but fun if you want to experiment. Start small and focus on learning first 👍

Plastic_Barber1201

This is huge. Moving DOGE from a meme to an actual payment method across thousands of venues is a game-changer

MrCalabunga

I agree with you OP, but you're going to keep getting the worn out responses of, "alwayshasbeen.jpeg." No, unless you got into this space in the last year, it has not always been this way. Yeah, we had billionaires like Elon shilling and manipulating DOGE, but if you really think that's *anywhere near* the same as a sitting POTUS minting shit-coins and playing a version of "Loves Me, Loves Me Not" with CEOs and international trade, you're myopic at best and a complete moron at worst. This is not normal and is, as you say OP, anti-capitalistic.  

sigstrikes

everyone thinks DOGE is the most successful meme but it's truly XRP

rotkiv42

Describing DOGE as one of the OGs seems a bit misleading, it is from a period where a ton of different coins where made, many much more innovative than DOGE (monero, eth, XPR etc). The main point was to have fun money that was had a lot of inflations so people used it instead of hording it. It is very much from the shitcoin era.

OxbridgeDingoBaby

Exactly. A project like DOGE has been one of the oldest coins to be supported alongside Bitcoin. It’s been in the Top 10 cryptos ever since (even now), and been through multiple bull and bear markets. Support for it has not just been recent/now.

AeonPeter

If you aren’t afraid of memecoins, than SPX6900 might be the best option. Battle tested community, Lindy effect (2+ history) and mission. It’s a movement that want to flip the stock market, sounds delusional? It might the same way as BTC as magic internet money sounded in 2013. Price potential much higher than DOGE. Good luck! 💹🧲

AutoModerator

Post is by: Abject-Tangerine-253 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1ocsdb8/what_are_some_great_altcoins/ Hi, i’m fairly new to this crypto world, and i’ve been thinking of getting some nice coins and hold onto the for a bit, but i’ve had zero help with this and i guess there’s no problem in asking for it. Right now, i’m using Phantom as my wallet and i’ve got some coins that are relatively new (meme coins such as DOGE and BONK and etc) But i only have one going on for me even though i don’t think it’s a great coin overall, which is a coin called NPC, even though it’s a relatively new coin and i don’t know where it will go. So right now i would love to get some help with this if it’s possible. Thank you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

biba8163

> Retail is broke Retail is broke and dumb and never did come. A big portion of retail got scammed by shitcoins in 2021 and have sworn off crypto. BTC bullrun was driven by institutional investment and that and the fact that BTC being a multi-trillion marketcap asset meant parabolic gains in a short period were no longer possible and very little profit was going to flow to Alts. I've explained this for 15 months while YouTube scammers, influencers and Alt bagholders kept spouting Altseason with hopium metrics like BTC dominance, Fear & Greed indicator and Altseason index and drawing squiggly line TA voodoo charts. > Burger sales are a good measure of our economy (That *Burgers* meme is not that far off). JPow is ignoring this and other important indicators. Bottom 40% of the population is really hurting. (July 2024) > That bottom 40% are where you'll mostly find the bulk of degenerate retail crypto investors. They are tapped out. Interestingly, the bottom 40% of American households pay no income tax but they are most often the ones who are complaining about Dems and their high taxes. https://np.reddit.com/r/CryptoCurrency/comments/1eg8v5g/daily_crypto_discussion_july_31_2024_gmt0/lfv3b5f/ > The M2 Money Supply grew by $5 Trillion from early 2020 until April 2021, up 33%. The M2 is currently below 2021 levels. (August 2024) > I only have anecdotal evidence of of how much of the money comes from low income retail. But during the last bull run, it seemed like every regular Joe who had a smart phone was trying to make money on crypto and meme stocks like GME. My girlfriend's mom who is a waitress got a note from someone who left her a tip saying invest in these two "XRP and DOGE" and she wanted me to put in money for her. Christmas in 2021 I am with my girlfriend's family who have NEVER invested in anything and they're talking about the best shitcoins. That stuff was all over TikTok. My plumber went all in on GME, COIN, SQ, BTC, ADA. I saw him again in 2023 and he now says his only investment is his house. https://np.reddit.com/r/CryptoCurrency/comments/1essrtn/seeing_engagement_here_sentiment_is_lower_than_in/li8ll8e/ > Noobs who weren't around in 2016 and 2020, you should know that 2024 looks very very different so far than at this time frame in 2016 and 2020. (Nov. 5, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gkfvzs/bitcoin_price_crushing_altcoins_heading_into_us/lvlrry1/ > The market is changing: ETFs, MSTR, etc account for a lot of the inflows. This money is not going to leave BTC seeking greater return on Alts (Nov. 13, 2024) https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwymxl9/ > Each cycle is a bit different. Too many people are saying, just hold on to your coins, it's playing out exactly the same. (Nov. 13, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gqexix/why_are_there_so_few_active_users_when_btc_is_at/lwxx36a/ > Be careful of people telling you this cycle is playing out exactly the same. ETFs, institutional and mainstream involvement, memecoins, L2 options and ETH competitors, it's very different (Nov. 19, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxyt5pw/ > Coinbase is #18 on Apple Store and #30 on Google Play. I don't think a lot of new retail has entered except maybe TradFi investors in the Bitcoin ETF. (December 2024) > With a lot of the old coins that have gone up 2X to 5X, I would guess that it's a lot of bagholders taking some BTC profits and FOMOing into coins that were down 85 to 95% thinking its cheap and its going to recover to ATHs. > I think downloading of apps are a better indicator because it shows proactive interest in crypto instead of passive interest. Anyway, Google Trends interest was was consistently higher at $40K range than it was been at $90K range. https://np.reddit.com/r/CryptoCurrency/comments/1h7ntzi/daily_crypto_discussion_december_6_2024_gmt0/m0pfva8/ > Unless you go back to 2011, 2012, 2013 when it was a tiny marketcap, *BTC has never had 100%+ gains for 3 consecutive years. It's going to be even more difficult to have that type BTC performance 3 years in a row and now with a ~2 Trillion marketcap.* > A lot of people are holding heavy Alt bags rationalizing a huge Altseason is coming this year. Your Alt echo chambers are telling you, it's 100% happening. There is zero percentage chance of that happening without another big BTC leg up so it would be wise to temper your expectations. (January 1, 2025) https://np.reddit.com/r/CryptoCurrency/comments/1hr1bgb/btc_returns_2010_2024/m4uaz4g/ > This is the problem with FOMO into Alts when barely any new retail as entered - the buyers are bagholders circle jerking themselves. (February 2025) https://np.reddit.com/r/CryptoCurrency/comments/1ihwkiv/daily_crypto_discussion_february_5_2025_gmt0/mb5ufvx/

NinjaChore

10k into DOGE

devCheckingIn

This sort of thing it always depends what timeframe you highlight. For some of those I'd bet if you compare the cycle low to the cycle high (so far) they would perform just as well or better than BTC. E.g., DOGE did about 970% cycle low (2022) to cycle high (2024).

biba8163

**1 Year of waiting for Altseason** Only 3 Alts from the top 200 Alts in December 2024 are higher today than ~1 Year ago. Most are at big losses. The Total Crypto marketcap is about the same only because of appreciation of BTC, BNB and the ~75 Billion in additional Stablecoins minted. > - BTC $106K > - ETH $4K > - BNB $720 > - XRP $2.48 > - SOL $216 > - DOGE $0.40 > - ADA $1.07 > - TRON - $0.29 > - AVAX $48 > - LINK $28 https://coinmarketcap.com/historical/20241216/

biba8163

> you'll see that nearly all alt are going really BAD in the long term, Even short term, Alts are getting totally rekt this time. You don't even have to wait a few years for Alts to bleed to death against BTC **1 Year of waiting for Altseason** Only 3 Alts from the top 200 Alts in December 2024 are higher today than ~1 Year ago. Most are at big losses. The Total Crypto marketcap is about the same only because of appreciation of BTC, BNB and the ~75 Billion in additional Stablecoins minted. > - BTC $106K > - ETH $4K > - BNB $720 > - XRP $2.48 > - SOL $216 > - DOGE $0.40 > - ADA $1.07 > - TRON - $0.29 > - AVAX $48 > - LINK $28 https://coinmarketcap.com/historical/20241216/

Future-Bet4783

DOGE/ETH is bottomed.

MutedLocal33

Yeaaa my biggest dumb to date was when DOGE first came out. Bought like $1k worth within a week of it's release. Made like $100 after a week and was like cool, I dont understand this shit and sold it for the $100. Peak price would have turned me quite the profit. Lol. Oh well.

coinfeeds-bot

tldr; Bitcoin has shown unexpected stability amidst global tensions, particularly due to eased relations with China, reducing sell-off pressures. Over the weekend, Bitcoin maintained calm above $105,000, curbing weekly losses to 4%. Altcoins like DOGE, XRP, SOL, ETH, and LINK showed slight recoveries, with some top-performing cryptocurrencies gaining significantly. If Bitcoin closes above $110,700, it could target higher levels, potentially boosting oversold altcoins. The total crypto market capitalization remains below $3.65 trillion, with cautious optimism prevailing. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

WicasaNapayshni

Solana is one of only two cryptos that can be staked on Robinhood, and is the most profitable crypto stake on RH This is like when Dogecoin was the only meme coin on Robinhood Solana will probably moon like Dogecoin did and MEW will probably be the next DOGE

Project_Demosthenes_

It’s ok, he’s the kind of person who would call DOGE a scam even though it made a lot of poor people rich and was for retail and has been around 10+ years and makes people happy. Instead he supports the Standard & Poor index of oligarchs who dump their bags on us by devaluing the dollar every year. Shame.

AutoModerator

Post is by: MakeItMine2024 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/litecoinmining/comments/1o8wl9u/here_is_the_risks_associated_with_mining_and/ This is a hypothetical to gauge where a yet to be released L11 seems to be unprofitable based on .10 per KWh electricity using a Profitability Calculator The FLAW in this estimate is due to it being based on current difficulty levels that will no doubt be higher when these hit. The only value I manipulated was the price of DOGE to .08 (currently .177) to find out where that break ever point is. I think because of the increased difficulty by Feb 1st 2026 the amount for DOGE equivalent valuation is .10 versus .08 in this calculation Hash rate: 20,000 MHs Litecoin difficulty: 109475064.6003 PPS ratio: 98 % LTC price: 85.21 Power usage: 3680 W Dogecoin difficulty: 44040682.6032 Energy cost: .10 USD/kWh DOGE price: .08 USD Profitability Analysis The following estimates assume that the inputs above remain constant over time, as it is impossible to predict their evolution. Be advised, however, that market and network conditions change all the time. This is particularly true for Dogecoin's network difficulty, which can change drastically from one minute to the next. Expected Rewards 24 hours LTC 0.02251 DOGE. 89.52739 Total revenue 9.08 cost in electricity (at .10 per kWh) 8.83 Net profit 0.25 USD CONCLUSION L11’s are nowhere near price levels that would warrant paying the estimated 8500 per unit based on the uncertainties that lie ahead.. for those who do not know in 2022 DOGE went down to .048 towards the end of the year from a peak of .74 in 2021. We briefly saw .47 in December 2024. Electricity cost is absolute key if you buy these and should not mine at any rate over .085 per kWh *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

BenniBoom707

2017 caught everyone off guard. Most people did not imagine BTC going to $20,000 ever, so when it did, it opened doors and minds to cryptos potential. It was like the Awakening of Crypto. But in 2021, we knew it was coming. And it was only a matter of time. In 2020, Bitcoin had fallen to a low of I think $6000 if I remember correctly. So when it rallied back to a new ATH that year, it was Euphoria. Moving to the end of 2020 and into 2021, Alts started to Pump. Around January of 2021, the first Meme showed up when DOGE went from $0.05 to $0.10 and people realized you could 20X your money from anything with the right hype. ETH pumped and so did everything else. What happened in 2021 was interesting because Bitcoin had reached a new ATH of around $55,000 I think, but then it dumped to like $30,000. Everyone said “Alt Season is over”, “crypto is dead”, etc. and all the things. But what happened was everyone had pulled profits from BTC and rolled that into the Alts. This is why so many Alts 10-20X or more. Right now, we are at a very similar set up. Economic distress, Trump in office, world wide insecurity for a variety of reasons, and most Alt Coins are still at All Time Lows. No one is buying though. We need an infusion of capital to stir the Alt Market, which would need BTC to sell off to get that Liquidity in the market. All we can do is slowly accumulate while prices are down. Build huge bags and send them to the future.

Educational_Sir3783

Haven’t been in the crypto space since 2021. Back then, ADA, ETH, Polygon, and DOGE were the big alts. What’s new?

Giozos1100

DOGE went from 0.08 to 0.49 in 2024. That's 6x in a year. That WAS alt season. BTC dominance never dropped due to an increase in corporate adoption. Alt season has been long over.

jamdivi

Crypto investing was fun in 2020 when stimulus checks were flowing and an Elon tweet made DOGE go brrr. Now grocery prices are through the roof and money is scarce so yeah, there's no crypto fever/mania/fun right now.

MakCapital

True, but using peaks is ok if the assets can't even beat the S&P. Web3 has done well, but not the assets Reddit holds: BTC: **Never stops going up.** Solana: Hit mid $300 this year for anyone staking at 8-10 percent APY for the past cycle. New highs and insane performance from 5 year lows. Needed to treat it as a long hold for the APY. Wouldn't happen if you believed you were trading currencies based on Reddit popularity. Hyperliquid: Ran from a couple bucks to 30 then back to 9 to go to 60. Has been no brainer but now faces competition with Aster. Rev with 98% buybacks still actually insane. Aster: Still over 10x. Multiple LPs from Raydium to Pump: Hit crazy new highs with many over 10x and backed off once activity did. Coinbase: 10xed from lows. Robinhood: Over 5xed once they announced tokenized assets, adding USDC, and moving to blockchain. SUI: Went from 60 cents to 4 bucks. Can scale revenue with decent activity, but more importantly acts as the execution hedge on Solana. Circle: Blasted off from IPO prices and likely will continue as the most used stable in the West. One thing all the success stories have in common. They actually return money to investors directly or through buybacks. They have scaling revenue. They have activity, and they aren't what Reddit holds except maybe SUI to a small degree. Very small compared to things like ADA. The only top MC network or protocol that deserves to run higher that didn't is honestly Link, but that comes down to the lack of transparency on revenue and confusion on how activity is monetized. Can't blame the market for being uneasy here. Especially when investor protections on tokens still need more work. Need guarantees on that off-chain rev. Get all that and Link could see its 10x too. Most of Reddit holds ADA, ETH, XRP, HBAR, KAS, DOGE and a bunch of other nonsense that pretends to be valued as currency. Most don't even hold BTC. The only real currency in our space that isn't tokenized fiat. The one thing with little risk that will hit another 10x while everyone's sht coins continue bleeding against it. This is why people are complaining, and hurting. They are still convinced the world will value their garbage no one uses and returns nothing to investors, as a currency. **Never**... **going**... **to**... **happen!** We don't need a million publicly managed currencies. We will never go food shopping and see things priced in XRP 🤣. Rev or bust, but newbies get confused when they see a SEC meme pump in XRP, and suddenly think all their garbage with no rev is due to rise. That's a meme pump. They happen. It's back to trending down along with any other asset that has 0 activity. Same reason ETH has performed "meh". You don't give away your scalable revenue to Coinbase and expect to be a top performer. Revenue peaked. That's devastating to forward looking investors. "Meh" likely remains until Ethereum scales or creates a plan to tax L2s. 50% of our space is crypto natives that still think someone will buy their pretend currencies for more than they paid. The other 50% is tradfi bros that have no idea software backed by humans can target revenue the same way a company does. Space is still completely misunderstood and mispriced, but that's a good thing. A lot of opportunity to own assets with scalable rev at low prices, but you need to ignore popular opinion, **use everything**, and look towards what everyone uses without bias. Everything gets tokenized. Everything is currently being tokenized on Solana. Everyone degens on perps like Hyperliquid. Stack where everything is tokenized and traded. Open sites like Defilama if you don't know what pulls all the activity and money. Then, buckle up. The road will be bumpy.

Noobnoob99

Fuck that guy he pushed DOGE to fatten his pockets as his little play time. He has zero credibility

MichaelAischmann

He promotes DOGE as energy based in the same thread. 🤦‍♂️ [https://x.com/elonmusk/status/1978029209692885234](https://x.com/elonmusk/status/1978029209692885234)

TechnologyMinute2714

Yes and it did on most alts, for example AERO went from $1.01 to $0.23. XPL went from $0.67 to $0.25, DOGE went from $0.24 to $0.08, SUI went from $3.27 to $0.56, i can give you hundreds more examples.

coinfeeds-bot

tldr; Crypto analysts suggest that recent market resets, including a weekend leverage flushout, may signal the start of 'altseason 3.0.' Historically, altcoins experience sharp declines before major rallies, as seen in 2020 and 2021. Over the weekend, altcoins like XRP, SOL, DOGE, ADA, and LINK dropped significantly. Analysts point to bullish indicators, such as a MACD cross on the BTC/altcoins chart, hinting at potential altcoin growth. Bitcoin dominance also declined, further supporting the possibility of an altseason. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

DankShibe

Just don't except huge gains from the alts that already rallied (like XRP and BNB). I expect more gains from stuff that haven't had a run this year yet (ETH,DOGE,LTC, ADA, SOL)

Ikenstein86

I typically use cross margin and choose what would be isolated liquidation prices not for stop losses, but as points to double or triple down, and then if my exposure gets a little higher than I would like, I just need a little pull back to reduce exposure. It doesn't have to fall all the way back below my initial entry. These are very small positions (like $10 at 10x leverage, so $100 of exposure) against an account that's at about $1400. That was built in about 15 months from a $20 deposit. I only bet against the shittiest meme coins when they're overbought. I'm just betting that they won't go up-only-forever. Sure, there's some infinitesimal risk of the Melania meme coin doing a 2020 DOGE on me and blowing up my whole account, but I'll take that black swan risk on to profit off of the slow decay of forgotten memes that are still shockingly listed for perps. Cross margin allows a lot more flexibility and no risk of wicking into a stop loss. It sounds extra degen, but my experience has been much less chaotic than sweating little short live fluctuations like I would with isolated leverage.

Fyve0nit

I got into CC in LATE 2013 by learning how to mine DOGE. I have my Josh Wise NASCAR and scars from DOGETIPBOT on this very site. But as someone who would hibernate through the "WINTER" after black swans like we saw last week...I rarely could ever keep up. A new bull run would fire off, I'd come back and not know shit about anything meta or even tech wise. I come back in 2017, people are buying cat jpegs, and tracking Mark Cuban..Gas is $400 and I have NO IDEA WTF IS GOING ON SO in 2022 I said not today, and I have stayed connected via this site, and X. I don't chase meta but I follow it. I know what projects stayed building during the "dead" era...And I know which ones will continue to do so now. But at the same time, I have finally advanced myself in the space by doing so too. In the deeps of 2024's crypto winter I launched my own NFT collection (Digital Art is my 9-5 so NFTs really got my attention) so I learned how to compile a generative collection and get it on chain. The support I received turned the project into my full focus outside of BORING art I do for a paycheck IRL. Humbled me more than anything to this day tbh. Now im building on it, and have advanced into writing smart contracts in RUST to grow it. I'm having a blast on my dev arc too. **TLDR;** A lot of good can come from the bad times if you put your energy into the right places during these times. You get to see which teams you believed in were actually working or just traveling to conferences and paying Market Makers...

accordionzero

Same reason people buy DOGE

Goingformine1

The sons aren't stupid. They're still running his businesses. They're doing everything Elon is doing. Elon wants to incorporate media? Truth Social incorporates media. Elon wants to do something with DOGE coin? They're going to incorporate crypto. One doesn't always have to lead if you have a world-class businessman to follow. Elon may even be helping the sons. All Elon has to do is "Tweet" out the name of a crypto, and it takes off. I watch it go. It may ir may not mean anything, but he does it. I know he wants to build utility into the memecoin DOGE. After they renamed the entity Obama created, and actually found some areas that were being abused, it now has broad name recognition. Elon also ran it. H'd be a fool not to capitolize on it. I think long term, that would be a good investment. Pres. Trump didn't even know that much about crypto at all this term. He set up Truth Social after his last term. Even UBER has crypto as a payment option. Any business that doesn't incorporate crypto is going to be left in the dust. Watch. One day, you'll be making your cat payments with crypto. Mastercard is hooked up with a payment crypto now. I think it's Alchemy? Visa is, too.

Tough_Sand332

What about DOGE? 🐶

strworld

Block Chain Backer is a shit. He doesn't know anything about TA. Just pulls off any chart and fits his logic in it. He will give any kind of argument , like oil prices or number of shipping cargo has risen, which means more trade , and blah, blah. I remember him saying in 2021, he sold DOGE at 1 cent, because he feels, DOGE is never going to go up than that. It is shit coin, and telling that how XRP is going to moon and eth classic is a great coin. I wonder, what he may be thinking now seeing DOGE above 10 cents for more then 4 years. And his bags full of XRP, and eth classic, not even crossing there ATH. He sells his TA courses. I feel sorry for people who buy his courses. Stay away from him, stay safe.

jperaic1

I feel for the DOGE coin owners.

_blockchainlife

Yeah true. Outside of ETH I consider most things to be just shit coins and memes. I can see maybe the top 5 be high level. But I wouldn’t consider stuff like DOGE and SHIB and FART to be high level. Maybe they are to someone holding those bags though. Beauty is in the eye of the beholder I guess.

Aromatic_Bed_8439

I think this may have just initially started out as a reaction to Trump's tariff threat to counter China's world wide rare earth minerals trade restriction, which then led to a massive FUD overreaction. And now, with the markets so jittery and fear that when the markets open up again on Monday morning it could be a blood bath, I wouldn't be surprised if the crypto markets ALSO get hit again possibly driving prices even lower yet. I have money ready to go if this DOES happen. I bought several thousand DOT when it's price crashed already and I've got my eyes set on other cryptos such as more XRP, SPELL, HBAR, DOGE, ALGO, ADA, FLR and some others. Those who can manage to buy now while prices are so low will likely be VERY thankful for doing so in the not too distant future.

simmol

This might be a controversial take but imo, the likelihood of an altseason increased with yesterday's demolition of the alts. Why? Because it turned out that there were a lot of people (probably retailers as well) putting in relatively safe (e.g. 2x, 3x) as well as unsafe (e.g. 10x, 20x) leveraged longs on many of these alts, hoping that the whales will pump their bags. But the market makers pretty much cleaned up pretty much every one of these positions. In tune of billions. People who have been in crypto trading for a long time would recognize that these "free loaders" need to be punished before the market moves up. And the market makers were not going to let these 5x ADA, 5x SUI, 5x DOGE positions hit 100-200% gains on the alts moving up by 20-30%. This does not guarantee an altseason obviously as the whole market can just tumble in the next couple of months. But with the leverages evaporated, there is much more likely that alts will run up in the end of Q4 with all these leveraged longs looking sadly from the sidelines.

yutarson

I mean, Musk got in the trouble with SEC like 5 years ago, so he almost instantly pivoted to Crypto and started manipulating DOGE openly. Should've been very clear where this is all going.

ConfederacyOfDunces_

What’s really unsettling is how fast it all happened, DOGE dropped to $0.09 in a few minutes. That’s a 60% wipeout in real time. One day, something like this could hit a major asset like ETH, and the scary part is it might not recover. Events like this make the instability of the space feel very real. Flash crashes aren’t just noise, they’re a glimpse into how fragile the whole system can be.