Centralization has a way of spreading out. Plus, you hit upon something most miss; if the growth rate exceeds the #inflation rate a great deal, then it is not relevant.
#DOGE has a chance if it breaks what ails all #cryptocurrency, a lack of velocity of money. The fact that everyone is speculating means there is a lot of HODLers which takes the VoM to nothing.
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Branding is good.
Like Bitcoins branding.
I would also expect more young people know about doge. But the problem is the distribution + miners make the cash.
It is not like hive it spreads inflation. It is Inflation to the top. And the average can buy it.
So I don't think it will ever become a thing besides pump and dump.
That is true, with #DOGE one has to buy in. There is no way to earn it now. However if there are some use cases, that could spread things out as faucets and #gaming takes hold.
To my knowledge there really isnt that at the moment so it is really, as you saw a pump and dump scheme.
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If I compare Hive and doge, I see no way doge would pump massive or become a use case without elon. There is no real Team that shows up and releases cool things.
The only thing I see is " to the moon".
On hive, Even if blocktrades would stop working on hive, it would expand and become better.
IMO coins without a unique usecase will wash out and become worthless with time.
I think this is true for a lot of #cryptocurrency, especially the top 100 or top 150. People just want to see things mooning.
I agree the use case for #hive is 1000 times more powerful that not only #DOGE but many other tokens. The fact there is not one "leader" or "face" makes it more impactful over time. We will see the growth take place organically which can be painful while it is developing.
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I agree, here a cat for you :)