60 cent doge coin is proof of clown world.
Proof of a pump and dump scheme.
Look at penny stocks. It happens literally every day.
Penny stocks are shares in a company that actually exists and the value of which is based upon the demand for that company's goods and services and the perceived ability of that company's leadership to return a profit and grow.
Doge is a meme coin with no inherent or perceivable value. It exists in limited supply and based exclusively on demand for some of that limited availability. Is it even accepted anywhere other than crypto exchanges?
Penny stocks are shares in a company that actually exists and the value of which is based upon the demand for that company's goods and services and the perceived ability of that company's leadership to return a profit and grow.
irrelevant. In practice, penny stocks are treated the same as an ecoin
Dogecoin has as much value as a penny stock does. It gives you a vehicle to gamble on and (try to) make money. With dogecoin, you can convert it to bitcoin via shapeshift or some other crypto-swap. Then you just sell the bitcoin on a "legit" exchange for cash.
Penny stocks just have less steps to go from asset to fiat.
Look at every single BSC token ever
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