Despite Being Shorted Dogecoin (DOGE) Stands Firm

Dogecoin, Shiba, Floki, Baby Doge are among the coins which were made as a joke, but eventually evolved to have a giant market cap. People are always behind trending coins to make profits.  If the Doge Community so desires, they will be able to help. The vision for Dogecoin, is to gather as much as Dogecoin Holders and builders to make Dogecoin a currency for the people.

Developer or not everyone who supports Doge Coin is a part of its history. This is because Dogecoin claims opensource means everybody can help build the people’s currency.  Language translations is one important way in which non-coders can be of great help to make Doge accessible to users.

However, there is no denying that many of them call it a rug.

One of holders of Doge Stated, “Dogecoin makes me love and hate. In 2015, I stocked about 35 million coins. Since it has sold out, I hope to return to the original point, buy some stock, and continue to wait for the glorious moment to come!”

Another holder, “You are constantly selling dreams to people, there is nothing else, first increase your price, which is creeping on this place, let people win.”

While several interested people offered to translate it in Turkish, Spanish, French and other languages, pessimists were like: “Best you can hope for is 25 cents in 2025… In any language it’s not worth it. People’s currency? How’s it doing against inflation? I sold at .62 and didn’t look back. DOGE will soon go under .01. Ouch!”

Some say Doge is surviving purely because of Elon Musk.  However, some believers of Doge state that they would not need Elon Musk if the 3 million Dogecoin users pitch in and choose to improve Doge all by themselves.  There is a need for a good product though.

What are the 3 million community members going to push forward? What utility? It needs to be real utility. A little help on anything is sure to go a long way though. The reality is that there is no need to wait for someone to make it worth the many hundreds.  The community has to get together to improve it and they are in reality a strong 3 million plus.

Mixed opinions apart, despite being shorted Dogecoin stands firm.  The success metric of Dogecoin is adoption as a real currency used by regular people to buy and sell goods and services everywhere. Unstoppable forces are continuing to build to make this happen.