Dogecoin has one of the strongest market caps in the crypto world, but despite this, there's been little movement towards the next stage of development. Doge needs real crypto adoption and a serious tech upgrade to evolve. It has so many opportunities to rise, but why is Elon Musk hesitating to help revolutionize the crypto world with a meme coin? He has the power to take Dogecoin further, but it feels like he's holding back. If he were to make some strategic agreements with major companies and push for real-world use of Dogecoin, we could see it soar, potentially hitting $100, like Litecoin or even higher.
Dogecoin's strength is in its community and its widespread recognition, but without significant changes, it risks being overtaken by other coins like Shiba Inu. Shiba is working on its ecosystem and expanding its use cases, which could lead it to surpass Dogecoin if Doge stays stagnant. Elon has the ability to take Dogecoin to the next level, but so far, there hasn’t been a clear push for major changes or innovations.
If Dogecoin doesn't evolve, it could very well be left behind as other coins, with more advanced technology and use cases, rise to the forefront. Elon needs to act now to prevent that from happening and keep Dogecoin in the race.
