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> “no layman in their right mind invests in doge with the expectation of profit (from common enterprise)”

Influencers pumping the coin on Twitter is a common enterprise. You don’t think people bought DOGE because they hoped those influencers would continue what they were doing?

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I mean, everyone hyping up kale as a supergreen on their social media doesn't make Kale --- the vegetable --- a security. Likewise, people shill GOLD on twitter all the time. Is gold a security?

If kale and gold are securities under the current interpretation of the howey test, then the howey test needs to be rewritten.

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