$HOGE vs $DOGE

Doge singlehandedly created the meme-powered crypto space, which as of this writing has apparently earned it a valuation of around $7.4 billion.

Yes billion, with a “b”. For a joke coin.

Well people aren’t laughing at you now, are they Doge HODLers?

You’ve even won over Elon Musk!

So let me extend my sincere congratulations to you OG Dogecoiners for the community that you built out of nothing. You really did manage to get to the moon.

I admire the long years of dedication that you put in promoting a coin that very few could envision rising from $0.0002 to $0.05.

You deserve to take your 250x returns. You achieved proof of concept.

However, listen up those of you who bought in for $0.05. I have bad news. The price already spiked. You’re in too late.

It’s worth somewhere in the $0.05 range, now that the whole world knows about Doge. Maybe it still could grow a little more. Fine. You might get to $0.10 valuation, I’m not saying you can’t make some money or that the coin’s value is going to evaporate.

But at a $7 billion valuation, there really isn’t that much room left to grow. Let’s face reality. You’re not going to replace Ethereum. You’re not going to dislodge Bitcoin. You’re no Binance. Growth? Maybe. But there are no more 250x pumps happening for Doge.

Look, it isn’t your fault for not shilling hard enough. It’s the tokenomics, and we all know it. Doge is uncapped and inflationary. You can spend as much of your life shoveling water out of the boat as you want to, but there’s a hole in it because of the growing supply, and so the value is going to keep leaking out of Doge indefinitely.

Maybe not as fast as it does for the dollar. The dollar is even more inflationary, so I actually agree with you that the price of Doge could keep going up relative to it. But so is the price of toilet paper. So let’s just not even brag about having better returns than the dollar when toilet paper is a better store of value.

Right now, Doge is the champ in its niche. But there’s a big difference between becoming the champ and staying the champ.

HOGE has already 250x’d in the past month and a half, and since we’re only around 1/30th the size of Doge with much better long-range tokenomics, there’s plenty of room left for us to grow.

So it is unsurprising that Doge is starting to show some insecurity.

Well, Doge, there might be individual $HOGE owners who advocate doing things improperly, but the official channels are not advocating this. And I personally have not done this.

WhiteBit is, as far as I can tell, a great company. I encourage readers to watch the AMA that Team HOGE did with WhiteBit.

I look forward to doing business with WhiteBit once the process has run its course and they’re legally approved in my jurisdiction. But for now, I pay the extra fees and use Uniswap, which is also a fine project that I have only good things to say about.

Now, some people wondered if I was going to lash back at Doge in anger for the unflattering things being said. Indeed not. That isn’t HOGE style, Old Sport.

But what I can do is take every pop culture reference and circulating meme and put my face on it. Just like you can. So may the best coin win.

By the way, I’d like to put something out there to HOGE Mafia. I want this to become our official song, I think it fits the flavor of our brand pretty well. Let me know what you think in the comments. And if anyone knows G-Easy, contact him to see if he wants in.

If you’re new to crypto, then before you do anything else, please read the article below.