Dogecoin produces 10,000 coins per block at a rate of roughly 1 block per minute. That's around 14m coins per day. Let's see how long you can sustain a pump with those numbers against you.

Honestly, I don't really mind pumping coins, particularly joke coins like Doge. But if I see another post from someone saying "but what if Doge is the next Bitcoin" I think I'll crack!You can only pump a coin like Doge so far! I'm seeing people saying "what if it gets to $100 or even $1000?". Do they have any idea how many of these coins are in circulation?!Part of the whole joke of Doge was its rediculous supply cap and real terms inflation, with literally billions of new coins being generated annually. You can only sustain the upwards trajectory of something like that for so long...If you're a newbie playing with Doge, these is a huge chance your going to lose next to everything. The actual coin is designed to lose "value", the fundamental function of the coin is actively working against you!

Submitted February 08, 2021 at 03:28AM