People are losing their damn minds over this Doge pump.
I haven't seen this much shade thrown in a while.
It's comical even.
7 cents to 45 cent peak in four days.
Legendary.
There's an abundance of whining and outright rage that Doge spiked up to the number 5 token by market cap today.
It makes no sense.
Doge doesn't deserve to get pumped.
If Doge spikes more I quit.
At the end of the day if you have negative feelings toward Doge pumping, I have news: the problem is you. Crypto is all about freedom and abundance, and if you're mad and jealous regarding the success of another project: you aren't even trying. You're living in scarcity with a scarcity mindset, plain and simple.
Again, if you were living in abundance, you'd see this Doge pump for what it actually is: good for everyone in the cryptosphere. It's not a zero-sum game. It's not a competition. Thinking Doge is overvalued is completely irrelevant. Get over it: the market doesn't care about our opinions.
At the end of the day this isn't about crypto vs crypto. Open source code does not compete with itself. These networks are synergistic in nature. Fiat vs crypto is the real competition, and a pump in Doge signals more fiat is entering the ecosystem and gives legitimacy to the entire space.
In fact, Doge having such low fundamental attributes is actually a great sign. There are people out in the world who'd rather own a meme-coin than hold on to a fiat currency who's economic policy is to simply print money to infinity. The counterfeit problem has been 100% solved and no one seems to care. Everyone can be their own central bank and all I hear is "where's my Lambo?" Have you ever considered that you don't deserve a Lambo even if you have the money to buy one?
There are so many variables coming together here. Branding and advertising are big ones: but the core of crypto has always been about community.
Would you tell someone they aren't allowed to root for a certain sports team because that team isn't very good? There's a lot of luck involved in sports, just like there's a lot of luck involved in crypto. Anyone can win: that's what makes it interesting.
Would you tell someone in poker who lost with the best preflop hand (AA) that they should have folded? That's not how gambling works. You don't get to retroactively tell someone (including yourself) that a bad call was made based on the outcome. It's surprising how few people actually know that if a slot machine hasn't won in a long time it doesn't gain a higher chance of winning.
Conclusion
It seems like around 90% of the cryptoverse has missed the point entirely as they wallow in their own greed and ridiculousness. Litecoin up 30%, BCH up 30%, Dash up 30%, Maker up 30%... The alt-market is signaling massive gains and all anyone can do is complain about how their 'superior' shitcoin didn't go x4 like Doge.
You can't see the forest from the trees. Those who ride this roller coaster of day to day price action are completely blinded to the fact that this is actually good for everyone. The alt-market isn't in danger of ending: it literally just began. All you have to do is sit tight and watch number go up over the next two months.
Mad that the thing we've been waiting for this whole time is finally here, but your token didn't swing first so fuck crypto? Such a bad look. The blatant greed displayed today was the exact reason why crypto needs to exist in the first place. Thousands of people just signaled to the world in public exactly why they can't be trusted to be put in charge of the economy, and the worst part is they don't even realize it. Power corrupts and greed reigns supreme.
We are not as evolved as we think.
Fact.