Friday, July 23, 2021

What is happening to doge now is a very difficult and painful process of decoupling from btc price and emerging as the dominant crypto in the world of real commerceπŸ’ŽπŸ™ŒπŸ’ŽπŸ’ŽπŸ€™πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€ Just look at the recent news with commerce payments in doge on coinbase!

The crypto markets are still driven by btc and right now it is actually the perfect storm for bitcoin which is dragging all other crypto down thru arbitrage trading. Here are just some factors weighing down on btc, crypto and doge by extension:

  • China btc mining/tx processing ban
  • Tesla drop
  • Bitcoin energy inefficiency and environmental impact concerns from sustainability conscious institutional investors

This process of decoupling from btc and all things bitcoin is going to last for some time but when it is over doge hodlers are going to be rich. You know it, I know it, Vitalik knows it, and Elon knows it too..

Here's just some of the why:

  • Doge adoption by businesses for real commerce is rapidly expanding not just in the US but globally. Recent addition toncoinbase commerce payments platform is just another sign of many.
  • Doge daily trading volumes have been shattering all records with 1250% rise to $1 billion in Q2 of this year
  • Upcoming doge platform upgrades such as SegWit and Check Sequence Verify will result in 99% drop in tx fees, improved doge tx speed and overall platform scalability - (all spearheaded by Musk) - which may lead to doge adoption by Tesla and other big businesses
  • Multiple future events like Doge-1 mission to space will continue to contribute to doge popularity
  • Doge brand is akin to Apple in terms of positive emotions it evokes among consumers (marketologists luv this kind of isht. doge brand already sells a lot of product today!! from slimjiim to merch to dogecan by axe.. etc. etc.)

Again the process of doge breaking away from BTC will be wobbly and at times painful with dips twists and turns as we have been experiencing for 2 months now. However, the things that have happened in just the last 3 months have already made it abundantly clear that doge crypto dominance is inevitable.

Doge is happenan and it is real. So much for a joke lol. Looks like fate does love irony after all..

to the moon shibe! πŸ€™πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€πŸš€ spread the word and do only good everyday !! and HODL


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