I picked up a bunch of DOGE which I was really starting to lose faith in until Musk made it shoot up,
DOGE was never really meant to be a serious coin, even the co-founder expressed his concerns about the way people were FOMOing into it. Elon (I believe) was mostly trolling people when he told everyone to buy it. Maybe his own pump and dump scheme? Who knows, that dude is part genius, part sociopath.
There are an insane number of DOGE in circulation as well, in the 100s of billions. If one of the top wallet just sold a mere fraction of their stake it would drive the price to zero. It is just so unsustainable. But I guess you could say that about a lot of projects.
Maybe I am just jealous that a useless meme coin has a higher market cap than Hive. lol!
I got lucky, most I had picked up really, really cheap ($0.001) and sold at $0.14 so I lucked out! If it hadn't been for Musk it would probably be the price I bought it for still. It was meant as a joke, but it sits at $0.07, so I wouldn't buy in again. There is just so much out there and still being minted from today to eternity. I'll stick with BTC!