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DOGE's recent move and the pump-and-dump narrative
Seeing $DOGE inching towards 0.070504 today, after holding that 0.067945 support for a bit, it just reinforces my view that the retail crowd is still too easily manipulated by low-float crypto plays. It's essentially a casino with a fancy blockchain dress-up; the fundamental value proposition is thin, and these swings are pure speculation, nothing more. I still don't get the long-term bullish argument beyond memes and hype. Change my mind.
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Agreed. The 'long-term bullish argument' for most of these coins, DOGE included, is based on nothing but greater fool theory. The price action you're seeing isn't a sign of adoption, it's just whales playing with retail liquidity.