According to TechFlow, on May 5, Dogecoin official X platform news said that regulators no longer consider Dogecoin as a meme coin. Dogecoin officials said that this is similar to scientists no longer considering Pluto as a planet. Community members pointed out that Dogecoin has payment functions, currency practicality, blockchain technology and tokenization. In addition to stablecoins, Dogecoin ranks in the top seven in the cryptocurrency market value ranking and is still rising. The community believes that the real value of Dogecoin comes from its practicality and community advantages.
