ummm it was a hit because it was used in a Pump and dump by a Chinese dude.
The coin has, and had no new or interesting tech, was just a bit of a laugh
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ummm it was a hit because it was used in a Pump and dump by a Chinese dude.
The coin has, and had no new or interesting tech, was just a bit of a laugh
Because a $30,000,00 is a trivial marketcap and a just bit of a laugh? Hahahaha. That the kind of comment is definitely worth, just a bit of a laugh. It may have fallen a bit short of the $30 million mark though.
All coins get pumped and dumped at one point or another, even Bitcoin. Trivializing @ummjackson's success and attributing it to a Chinese market manipulator just goes to show that there truly is at least one hater in every group. We all know it was a Scrypt coin started as a joke. In the end the joke was on everyone else who said it would never live long enough to prosper and was doomed to fail, yet it's still being traded on exchanges to this very day. Last I checked (as in 5 minutes ago) it's actually up 7.5% given its 24hr average on Poloniex.
What made it new and unique was that it was never meant to be taken so seriously and even better still was meant as a way to entice the masses with humor instead of dollar signs. If you want to call a $30,000,000 market cap "just a bit of a laugh" then damn! You must be sitting on untold fortunes.
Some things are worth more than money. If you read the whole thread you'll see that even @ummjackson understood this fact when releasing the coin. What made it special was that it was never supposed to be a big hit but it became one anyway because people really do find value in humor and it's that value that has kept Doge alive and well since the day it was born.