Current Events > What are the fundamentals to support doge's 12000% increase in 4 months?

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SwiggitySwoogit
05/08/21 4:17:56 PM
#1:


Show them to me.
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3PiesAndAFork
05/08/21 4:19:01 PM
#2:


Absolutely shit all. It's all hype dependent on one man. It's going to come crashing down.

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Turbam
05/08/21 4:25:11 PM
#3:


Because people believe that it's worth that much.
Currency isn't actually "really" worth anything, even a US dollar is only worth a dollar because everyone believes that it is.

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uwnim
05/08/21 4:34:34 PM
#4:


Because memes. It is supported purely by memes.

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__aCEr__
05/08/21 4:42:07 PM
#5:


Clown fundamentals

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ScazarMeltex
05/08/21 4:44:29 PM
#6:


Turbam posted...
Because people believe that it's worth that much.
Currency isn't actually "really" worth anything, even a US dollar is only worth a dollar because everyone believes that it is.
It's not quite the same since the dollar has the backing of a government.

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Sad_Face
05/08/21 4:46:17 PM
#7:


Tony Starks tweeting about it.

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kinetika_
05/08/21 4:49:11 PM
#8:


What pisses me off about it is how my buddies are telling me about doge -- and to buy it --, when I told them to buy ethereum back in early 2017, and said I was crazy.

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Doom_Art
05/08/21 4:52:58 PM
#9:


Sad_Face posted...
Tony Starks tweeting about it.
I remember when I was dumb enough to "Elon Musk = Tony Stark" unironically lol

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Trumble
05/08/21 5:06:55 PM
#10:


Think of it the same way you think of collectibles. There's currently a craze over this one. That explains it.

To be clear, that isn't true for all cryptos, but it is for Doge and a lot of shitcoins.

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