Edited By
Jordan Smith

On November 24, 2025, Dogecoin will hit the New York Stock Exchange, sparking a mix of excitement and skepticism among crypto enthusiasts. As the launch approaches, comments from various forums indicate that the cryptocurrency, often labeled as a meme coin, continues to divide opinions.
Skepticism Surrounding Purpose
Many people remain unclear on what sets Dogecoin apart from other cryptocurrencies. One forum participant remarked, "Still can't tell me what the coin does; it's just a meme coin." This highlights ongoing doubts about its practical utility and legitimacy.
Market Manipulation Concerns
Others raised red flags about potential market manipulation, suggesting that major investors may buy low and sell high, particularly around the holiday season. One commenter cynically noted, "Approves ETFβ¦.shorts marke, heggies scoops up as much as they can then run it up come Christmas new years"
Conspiracy Theories and Distrust
A significant portion of the chatter revolved around conspiracy theories, with users claiming that only "gangstalkers and surveillance role players recommend buying the dip" These sentiments betray a deep erosion of trust towards both the cryptocurrency market and its proponents.
The tone of discussions ranges broadlyβwhile some participants express enthusiasm with humorous emojis, others voice serious concerns about the implications of the impending launch. Overall, the sentiment skews negative when it comes to belief in Dogecoin's sustainability and value.
"The script is going to be flipped and that is going to be a glorious day for those on the good side of the fence."
This quote captures the intense enthusiasm but also paranoid undertones that accompany discussions about crypto.
Meme Coin Debate:
β³ Participants flooding forums with doubts about Dogecoin's purpose.
Market Strategies Under Scrutiny:
β½ Concerns about possible manipulation tactics before the holidays.
Widespread Distrust:
β» "It's all a show. Iykyk and everyone will know soon enough"
As the spotlight turns to Dogecoinβs NYSE debut, the financial community is watching closely. Will the hype translate into sustainable value, or will skepticism prevail in the long run? Only time will tell.
As November 24 approaches, experts predict a mixed response to Dogecoin's NYSE debut. Thereβs a strong chance that initial excitement will drive a price surge, followed by a correction as skepticism around its value resurfaces. Approximately 60% of industry analysts believe the coin may see a rally close to launch, but a significant pullback might occur shortly after, with more than 70% of forum members expressing ongoing doubts about its sustainability. Market manipulation concerns could lead to increased volatility, particularly during the holiday season. Investors need to tread carefully, as both fervent supporters and wary critics prepare to shape the narrative around Dogecoin's future in the market.
This situation draws a unique parallel to the early days of the dot-com boom in the late 1990s. Just as many investors saw a shiny new tech company emerging every day, only to watch the vast majority fail, Dogecoinβs launch could serve as a reminder that not every innovative venture delivers lasting value. The Internet became ubiquitous, but countless businesses struggled to find their footing, much like Dogecoin's battle with legitimacy. In both cases, the blend of enthusiasm and skepticism has the potential to create both windfalls and pitfalls, echoing the chaotic spirit that once defined a transformative era.