Quote:
Originally Posted by jscott
1. Doge was fork of Bitcoin, founders left years ago, the "devs" left are dudes updating icons/memes & website.
2. there is an unlimited, forever inflating supply:
"The Dogecoin inflation rate is fixed at an additional 5.256 billion coins per year for every year henceforth."
considering that, the price rise in long term is unsustainable.
3. Do you have evidence pointing towards Robinhood owning that wallet? Have you investigated that address on the Doge explorer? few weeks ago Robinhood lowered their min order to 1 Doge, there have been txns for 1 doge for years.
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1. There is a group picking things up again at Doge. But who cares...
2) More about the inflation:
https://investorplace.com/2021/02/do...ryptocurrency/
3. For me it doesn't really matter. Just like every coin you must take profit on the way up. Most will come down once. Every coin has whales, pump and dumpers. From what point it is unsustainable, after it reached 1,2 or maybe 10 dollars? I sold my Doge for 0,40 and bought back around 0.29. Already have taken profits and still have my coins.