• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

Is DOGE worth buying in 2023?

glitch

beep boop
1000 Posts Club
USD
$0.0000USD
Biznotes
0
The other day, Elon Musk had changed the Twitter logo to the Doge dog and I noticed an increase in value of DOGE Coin.

I don't follow the trends very much these days but a lot of people are buzzing about it, thinking once Elon fixes Twitter, he will impliment DOGE as a usable currency on the site for different things. If that is the case, the value will likely go up.

But what about right now? Is it worth buying?
 

Mayorla

Paragon Member
1000 Posts Club
USD
$0.0000USD
Biznotes
0
Yes, I think DOGECOIN is still worth buying in 2023. Though, Dogecoin is a meme coin and it lives by hype. And I believe it wouldn't still receive more hype that would make it pump more before the year end.
It is not a bad investment.
 

Riberet19

Moderator
5000+ Posts Club
Although I don't really like this cryptocurrency, I think it can be a good option to invest a little capital in it, since it has a good community behind backing the coin and still has some support from Elon Musk.
 

Jonaville

Seasoned Veteran
1000 Posts Club
USD
$1.0000USD
Biznotes
0
The other day, Elon Musk had changed the Twitter logo to the Doge dog and I noticed an increase in value of DOGE Coin.

I don't follow the trends very much these days but a lot of people are buzzing about it, thinking once Elon fixes Twitter, he will impliment DOGE as a usable currency on the site for different things. If that is the case, the value will likely go up.

But what about right now? Is it worth buying?
I think it is worth it and it's already has a lot of investors in a few days. The price has also gone up in a few days because a lot of people are trying their best to invest in
 

Bango

Reputable
100 Posts Club
USD
$0.0000USD
Biznotes
0
This cryptocurrency is very unpredictable and you can't guarantee anything, but Dogecoin is always worth investing because it can give you a lot of profit compared to other coins. Always invest with money you can afford to lose
 

Ononivami

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
This cryptocurrency is very unpredictable and you can't guarantee anything, but Dogecoin is always worth investing because it can give you a lot of profit compared to other coins. Always invest with money you can afford to lose
Additionally,, it very clear that cryptocurrency are very unstable and they are highly volatile. Moreso,. if you are interested in investing, you need to study the volatility rate.
 

Laurentta

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
The other day, Elon Musk had changed the Twitter logo to the Doge dog and I noticed an increase in value of DOGE Coin.

I don't follow the trends very much these days but a lot of people are buzzing about it, thinking once Elon fixes Twitter, he will impliment DOGE as a usable currency on the site for different things. If that is the case, the value will likely go up.

But what about right now? Is it worth buying?
I do not know much about cryotocurrencies but for now, i think DOGE coin is worth buying. This is because the value of DOGE coin seems to be increasing.
 

James

Resident Member
500 Posts Club
USD
$5.0000USD
Biznotes
0
Based on the price fluctuations of Dogecoin at the beginning of 2023, crypto experts expect the average DOGE rate of $$0.0710 in May 2023. Its minimum and maximum prices can be expected at $$0.0699 and at $$0.0721 so it should be a good investment.
 

Grant

Valued Contributor
Valued Contributor
5000+ Posts Club
USD
$134.3000USD
Biznotes
0
Dogecoin isn't going anywhere. I don't think it's peaked past $1. It was created as a joke originally and it looks to still be a joke in my opinion. I don't know what you could do with this crypto. Can you buy/sell anything with it? When is it ever going to break past $1?

I feel there are better cryptocurrencies you could invest in.

idk, maybe I'll put in $100 or more and see if my investment will grow, or fall.
 

Heatman

Valued Contributor
Valued Contributor
40,000 Post Club
USD
$0.0000USD
Biznotes
0
Does not have its own capacity to go up, it heavily depends on Musk. Therefore, I do not think dogecoin will be a profitable asset for investing in 2023 or beyond.

This is exactly what I think about Dogecoin right now because ever since Elon Musk acquisition of Twitter, he's shied away from saying anything in respect to the coin so that it is going to appreciate which is something that is not looking likely to happen.
 

Mostee501

Madly Diligent
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
The value of DOGE coin, like any other cryptocurrency, can be influenced by multiple factors, including market demand, adoption rates, regulatory developments, and overall market sentiment. It's important to stay informed about the latest news and developments surrounding DOGE coin and the cryptocurrency market as a whole to have an idea.
 

Heatman

Valued Contributor
Valued Contributor
40,000 Post Club
USD
$0.0000USD
Biznotes
0
The value of DOGE coin, like any other cryptocurrency, can be influenced by multiple factors, including market demand, adoption rates, regulatory developments, and overall market sentiment. It's important to stay informed about the latest news and developments surrounding DOGE coin and the cryptocurrency market as a whole to have an idea.

As far as I'm concerned, the head of the news that surrounds Dogecoin is Elon Musk. It's all on him to make the coin boom to the moon or still stay stagnant like it is now and even stand a chance of losing more value.
 

Nomad

Ledgendary Member
40,000 Post Club
USD
$0.1000USD
Biznotes
162
This is exactly what I think about Dogecoin right now because ever since Elon Musk acquisition of Twitter, he's shied away from saying anything in respect to the coin so that it is going to appreciate which is something that is not looking likely to happen.
Some people though Dogecoin will go really high when Musk acquired Twitter. When the crypto market returns to bull run, dogecoin might appreciate but I do not think it can go very high as it has unlimited supply.
 
Back
Top