M4nh4tt4n
Active Member
It’s a small team, only updates I’ve seen recently are some network improvements involving upgraded nodes. Also I can’t say that the no cap is bad thing, without knowing how long doge will be around, in theory at somepoint far in the future more dogecoin could be lost than the amount of yearly new inflation. Also I’m not pinning doge to be the most used crypto, could find a certain niche that keeps it hovering around a certain price point and volume.
As for the big wallets, can’t do anything but see what they do. Most likely longtime miners/very early big time buyers. It makes since that they’ll dump, when is anybody’s guess.
It’s all a bunch of BuzzPhrases. Upgrading nodes is like IOS upgrades. It happens all the time. That’s the biggest pain of running one, besides finding delegates.
No cap is the WORST thing possible. If half of the DOGE ever created were burned or lost tonight, the price instantly doubles. At LEAST. Divisible down to 0.00000001, so even if 99% were lost, it wouldn’t be a problem. Everyone would just pay 0.00000001DOGE for a soda instead of 1DOGE. Same exact market cap. 99% less coins in circulation.
It should maintain value and volume. TikTok HypeBeasts ain’t no joke. Meme coin or not, DOGE has value. Anyone who doubts this, go get some then. You can’t. Gotta buy it, or buy some rigs/find cheap electricity to mine it.
As far as the whales, I don’t see them dumping. One owns 25% 9 others own another 25%. If I had 25% of Bitcoin ever created, or me an 10 of my boys had 50% of Bitcoin ever created, I’d sell off $1B/year, tops. No point in being greedy an grabbing $10B. Slo money is fasho money. These top 10 coins will outlive all of us. And BTC/DOGE won’t be $57,000 and $1when they pass them down to their kids. Crypto is some Rothschilds/Pokémon gamification type $hit.