Doge coin tokenomics is totally different, lol. It's not going to become the next bitcoin. Its over 120 billion coins with 113 billion or so already mined. One entity holds nearly 30%. Not sure why elon musk hyped the coin but he did. The reason they buying is because at this stage in crypto there is no real significant use.
You're not going to use crypto for payments because you can't do chargebacks. It's still too difficult to use and really understand for most people. So most of the time people just wanna put some money in and get rich. Of course more than likely doge will crash and this is a repetitive pattern for the crypto community because we don't use it significantly. The only coin that i think will work for people is the BBD coin.
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gambling?
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and here what you said in the last paragraph is the key that i think everybody should be looking for when checking for what's to invest in next. In a way it's the same thing when you buy stocks.
You find businesses with a clear plan, that are out of the ordinary, revolutionizing the market with good economics or potential etc etc
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