Personally, I'm among the people who are as well taking the cryptocurrency Dogecoin very seriously because it looks like a good project. Imagine having more than 10 million Dogecoin and it pushed into $1 per coin.
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People are taking the goal.com very serious because of the massive growth in the coin and because they understand and know that it is being supported by Elon muskthose people who do not understand how the Crypto system work at the one that is taking dogecoin seriously but for me as long as I understand the crypto principle to my understanding I'll never take it serious because it doesn't have anything reasonable to offer to the people, except hyping.
The main reason why i do not like dogecoin, I see dogecoin as Elon Musk personal property that he uses has he wishes. Anytime he tweets, the price of dogecoin will increase for a while after that it will drop again. What happens if he dies or stop promoting the coin.I understand that it is a cryptocurrency in which Elon musk is actually the one who is influencing the price and he is also the one that is making it successful, I just believe since it is a crypto-currency of the rich it is likely to succeed for a long time.
This is not the reason why most people are taking Dogecoin pretty seriously, I think the reason why most people are taking Dogecoin very serious is because the owner of the cryptocurrency who happens to be Elon Musk is promoting the coin and using his influence to push the coin to people's subconscious.People are taking the Dogecoin seriously because the main thing that separates Dogecoin from most other cryptocurrencies is that it is an inflationary, rather than deflationary, cryptocurrency. And the coin is still rising.
Sometimes I am always sceptical of any cryptocurrency that is controlled by someone like Elon musk because there is a higher possibility that such cryptocurrency might depreciated to a point we can never imagine.People are taking the goal.com very serious because of the massive growth in the coin and because they understand and know that it is being supported by Elon musk
Sorry about that ,you really need to relax because it will come back to normal, although it might take a few weeks but it will definitely bounce back, there are some cryptocurrencies you should never invest for long-term.I also disappointed very much by Dogecoin so far i invested. 90% money into dogecoin and getting loss every minut, it just falling even at my purchase price and not coming to that price, i couldn't understand it's Volatility so far, now i am confused about it.