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Doge’s rise and all time high was a black swan event in my opinion, the real prices are what they’ve shown once they leveled out after. I think in the future we will see more stable and steady growth. People jump into crypto with fomo these days and if they aren’t seeing crazy high gains they think it’s a scam. New projects will see bigger short term gains. They have little to do with Doge though except for how they will accommodate Doge, in my opinion at least.
I also think that the coin value is created by only belief .
When you develop technology, the technology is based on the belief. How human society works in general is I believe that's driven by belief.It's actually not only for coin price. price is decided by people's decisions to buy the coin.
And when you take actions, they are based on belief. Just my opinion .
It''s like no one knows if ETH will last longer, but people will believe if ETH will grow more or not.
If they don't believe ETH, They will seek another coin like Doge.
