Forget Dogecoin!
The price of Dogecoin ATH was reached on May 8, 2021 0.738, and currently the price of Dogecoin is $0.216 so it's down by more than 70%, Although it still ranks in the top 10 on Coinmarketcap but has been chased by many other cryptos that are considered to have greater potential, it's good that we explore why Dogecoin should be forgotten:
1. Dogecoin is considered incapable of increasing the potential price to be higher.
2. The increase in the price of Dogecoin mainly from the tweets of Elon Must and other famous people, so it is considered less of a boost/pump.
3. Although Dogecoin has a community, Dogecoin does not have a Whitepaper, and does not have a reliable team ready to work full time. So it's as if no one is leading.
4. Many competitors of Dogecoin, both new crypto and old crypto that have been upgraded to make it more promising as an investment, such as Cardano, Aave and Solana.
The price of Dogecoin ATH was reached on May 8, 2021 0.738, and currently the price of Dogecoin is $0.216 so it's down by more than 70%, Although it still ranks in the top 10 on Coinmarketcap but has been chased by many other cryptos that are considered to have greater potential, it's good that we explore why Dogecoin should be forgotten:
1. Dogecoin is considered incapable of increasing the potential price to be higher.
2. The increase in the price of Dogecoin mainly from the tweets of Elon Must and other famous people, so it is considered less of a boost/pump.
3. Although Dogecoin has a community, Dogecoin does not have a Whitepaper, and does not have a reliable team ready to work full time. So it's as if no one is leading.
4. Many competitors of Dogecoin, both new crypto and old crypto that have been upgraded to make it more promising as an investment, such as Cardano, Aave and Solana.