Dogecoin is up so much. Is this a bubble or what?

3 points by paulpauper ↗ HN
70 cents.

i remember when it was a penny not long ago

2 comments

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It's absolutely a bubble. No way that there's inherent value to be found. It's missing the #1 reason Bitcoin has done so well, a limited token count. Dogecoin can go inflationary at any point its devs decide to.

That said it still has plenty of head room, IMHO. I'm fairly certain we'll see $2 by 2022.

I figure we'll see .5 cents.