I believe Dogecoin is a perfect example of Celebrity Economy. People follow blindly without knowing what the meme coin is. I hope they don't crash and burn, so that they will never touch crypto again, and/or convince their relatives to do the same.

To be honest, I don't mind these meme coins. Newegg announced that they would take Dogecoin as an alternative payment methods. If "a out of thing" can do it, all other coins/tokens that actually have a real concept behind them could do the same. That's a definitely plus.

Posted Using LeoFinance ^Beta