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# Is there still hope for DOGE in 2024? The awkward situation of old coins
BTC and ETH have soared this year, but DOGE has been stagnant - down 36%. This old coin, born in 2013, was originally a joke, but now it has become the most active meme coin (market cap of $30 billion).
The question arises: **Why is DOGE still alive?** The answer is simple and straightforward - it's because of its fan base. Since the Trump election and Musk's support, DOGE has been hyped up. This indicates that although it has no practical use, there are people who believe in it.
But this does not mean it can be invested in. The price of Meme coins is driven by FOMO and hype, with no fundamental support. Analysts bluntly say: DOGE may survive for another 5-10 years, but it is likely to depreciate. You can play with meme coins, but don't expect to make money from them. If you really want to allocate in crypto, looking at BTC and ETH is the serious matter.
**Summary in one sentence**: DOGE is the Shell of the coin world - it's alive, but has no prospects.