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    Dogecoin: Kein Witz mehr? Der Aufstieg eines 58-Milliarden-Dollar-Krypto-Phänomens


    Dogecoin: Kein Witz mehr? Der Aufstieg eines 58-Milliarden-Dollar-Krypto-Phänomens

    https://www.forbes.com/sites/digital-assets/2024/11/22/dogecoin-a-joke-no-more-the-rise-of-a-58-billion-crypto-phenomenon/

    View 11 Comments

    11 Comments

    1. Parush9 on

      Never underestimate the power of good ole dog !! So far it has survived every bear market .

    3. Adius_Omega on

      DOGE is literally useless other than the fact that it is THE legacy meme/shitcoin.

      Kind of started it all.

    4. coinfeeds-bot on

      tldr; Dogecoin, initially created as a joke in 2013, has evolved into a significant cryptocurrency with a market cap of $58 billion. Its rise is attributed to community support, celebrity endorsements, particularly from Elon Musk, and its unique position as a ‘people’s currency.’ Despite being faster and cheaper than Bitcoin, Dogecoin’s reliance on Musk and its memecoin origins pose challenges to its legitimacy as a true currency. Its future depends on reducing this reliance and expanding beyond media-driven hype, potentially redefining its role in modern finance.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    5. Smiling_Jack_ on

      The real question is, how do the Litecoin folks feel about a meme fork of it having almost 8.5x its market cap?

    6. tupidataba on

      As the article defines, it’s the oldest memecoin but has a community despite the attention focused to the famous dogefather that was nominated for the governamental doge.

    7. Brunosaurs4 on

      I think Musk becoming attached to Doge was a curveball no one saw coming

    10. KasparThePissed on

      All I can say is I wish I would’ve never listened to y’all back in the day saying “don’t buy Doge it’s bad, buy coins with GoOD fUndAmEnTaLs like AlGoRand”

    11. AikiYun on

      Fuck it. If Elon is going to be sucking off Trump’s dick for the next four years I’m buying a small bag to ride the circus show.

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