Why Dogecoin Is Not Going Up. Inflationary but no staking reward: A crypto that has no supply cap does not mean it's bad crypto. In the first image above, in google trends, you can see that dogecoin had it's hype, and then it was gone. Dogecoin, which was launched as a joke, skyrocketed by 160 percent in a month during which other cryptocurrencies fell. Bitcoin forum > alternate cryptocurrencies > altcoin discussion > why dogecoin will go up 3000% again. In the first image above, in google trends, you can see that dogecoin had it's hype, and then it was gone. Suddenly, with the gamestop short squeeze, memes got fiscal. But the hedge fund still needed to return the borrowed stock so it ended up buying back the shares at a hugely inflated price, costing them billions. After crossing the 1 cent mark overnight, it's now clear that people can in fact make money off of dogecoin.It thus showed not only the litecoin was not secure but also that it itself.
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