A joke cryptocurrency has risen nearly 25,000% in the last six months, outpacing nearly every other investment

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A joke cryptocurrency is up nearly 25,000% in six months, outpacing nearly every other investment

as a method of payment, it is nowhere near the level of adoption necessary to be used as any sort of actual currency substitute.Unlike rival cryptocurrencies like ethereum, which let programmers build applications on their platform to do things like lend and borrow money, there isn't much anyone can do with dogecoin.either, given that this typically requires a certain degree of long-term faith in the coin and the blockchain upon which it's been built.

"If you look at the dogecoin protocol itself, I don't even know if there's anyone over the last several years who has added new functionality or code to it," said Birla. "Dogecoin doesn't really have a development team behind it." Given these limitations, the run-up in dogecoin appears to be purely speculative. Dogecoin has value because other people believe that it has value. And because they believe that someone else is willing to buy it from them at a higher price.

"We see dogecoin rising in price as a factor of low liquidity and extreme growth in the network," explained Greenspan. "Once the network does reach critical mass, I don't think that type of growth is sustainable.""The real value is in today's meme-driven culture, and doge represents the network value of memetics, which may prove to be enormous," explained Bucella.

Disclosure: "Saturday Night Live" is a TV show of NBCUniversal, the parent company of CNBC. CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

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I hope you know what you are promoting for the all mighty dollar and your ratings

$Shib is more then a meme coin it's an ecosystem.....coming soon!

Crazy!

Same here.....

Buckle up...

100x token is starting to 🚀

HTMLCOIN time to go all in if you haven’t already !!!! It’s going to explode !!!!!!! htmlcointo1dollar Crypto Trending MadMoneyOnCNBC cnnbrk elonmusk mcuban aplusk

I am thinking to have a new alter crypto ICO. I have the name figured out already. It will be called TulipCoin. What do you all think? $BTC

Lol

I guess it’s not such a joke if it’s outpacing all of your investments. Sounds like your investments are jokes comparing to $DOGE here

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Something to think about. With the appreciation of crypto prices especially the rise of $DOGE do the crypto exchanges such a $PYPL $SQ $COIN have enough funds to payout in the event of mass exit. Remember, these exchanges are not regulated and have no capital requirements.

Almost every investment? What is outpacing it? Enter, there can’t be another one outpacing doge!

SAFEMOON SAFEMOONARMY

See you on the moon

You mean 'outpacing nearly every other investment' has advertised with JoeSquawk davidfaber MorganLBrennan jimcramer madmoney ClosingBell $Doge is revolutionary because the people want it to be. $CYTR's Aldoxorubicin is revolutionary yet to be discovered by people

So bad for the crypto space. Happy some made money though 👏

Don’t buy in now kids. That shit is gonna tank after Monday

Next up

Every time i see/hear a joke crypto

Cnbc is a joke

The only joke is people who still think it’s a joke. doge

It is no longer a joke.

This is why some people are pissed 🤣

is the next coin to do this.

Omg... 😍 😍 😍

Wait till you hear about SHIBA Inu in a month or so. SHIB SheikhJarrah altcoins ToTheMoon

A hard economic rain s gonna fall

It’s not a joke anymore though is it 🤷‍♂️

I would bet any day on Dodge before That’s the Joke

Ha ha. I'm laughing all the way to an early retirement. , your credibility should really cause you think twice about throwing the word 'joke' around so carelessly.

$BAFE Binance is the Future e-commerce currency $$$$. 🚀🚀 SWAP it from PANCAKE.. First Launching has listed on Hotbit, Bkex, Coin Tiger, & LBANK.. 🚀🚀...CROSS NATION... 🚀🚀🚀🌓 Millionaire COME $$$.. $26M Cap Now. And FAST GROWTH.. 🚀🚀🚀🚀🌓🌜

ShibaArmy 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 ShibaSwap 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 ShibaInu 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 .

ShibaArmy 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 ShibaSwap 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 ShibaInu 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀

?

shayan_rasouli

Shitcoin very scam to soon biggest dumping only 1 wallet 24 billoner $ to soon sell dump magma

Shiba shiba

Docegoin Safemoon crypto DNr1sCF9s3suGcphTPzQ1E274D2uVBzFwB

BillyM2k

30000% by tmrw

wolfofdena

A joke that ain’t joking around Dogecoins dogetothemoon dogearmy

Again the experts are wrong.

FLGatorTrader Musk na chased the crowd and sells a fool

RippleXrpie I bought it in April 2017,price 0.003088RMB

BUNCH OF HYPOCRITES!! YOU KNOW YOU BUYING DOGE FOR YOUR KIDS OR SHOULD I SAY GREAT GRANDKIDS. OUT WITH THE OLD AND IN WITH THE NEW!!! CRYPTO IS THE FUTURE AND DOGECOIN WILL BE THE FUTURE CURRENCY OF EARTH!! THE MOOOOOOOOOON!!

Cue a one percenter complaining on tv in a cryptic way about how they are so unhappy that poor people are able to become rich.

Which shows why all imaginary currency is stupid.

No. You’re the joke, guy.

Breaking News!! CNBC = Collectively NoBody Cares or watches your 'joke' NBC = Negative Bias Crap dogecoins doge dogearmy

Sugar baby needed,Dm❤️❤️

Because it wasn't a joke just a fun alternative 🤣

We prefer satirical crypto asset.

No longer a joke

It's not a joke.

DogeGirl420 1 MDOGE = 11.85 Bitcoin Silicon truth

HubaStudios $hmbl is next

The US Dollar is a joke!!! Doge is going to the Moon!!! You can’t stop the MF Doge!!! 🐕🪙🖕🏽🚀🌙✨🌎🪐👾

' A joke cryptocurrency ' are you kidding?

It’s not a joke anymore

yeah, all investments are backed by a belief it will make them benefit than not having it. It's like this with religion and pretty much anything. People invest in their own lives to be happier through works and some just quit.

Not really a joke but ok

Not a joke currency

Eyeing $XLM

'Nearly'?

“Joke” bunch hatters... dogecoin to the moon🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🐕

🗣️🚀 dogecoin

You know where all the money that is pumping doge now, will go to before/after SNL right? - SafeMoon

🤡👀 it's dogecoin

monsterolivs 😱😱😱

Doge & ETH are the future

aqdamaslam DogeCoinTo1Dollar doge 😃

ha ha yaaaaaa Dogefather

😂😂F**KIN CNBC so Desperate for clicks the keep doing the same story over and over again… DOGE TO THE MOON🚀🚀

Gentlemen, dogecoin it's no longer a joke. The dogearmy have demonstrated wisely that it's here to stay and become a future currency

edenspapabear A joke fiat system is devaluing by nearly 25,000% in six months

‘Nearly’

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