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Dogecoin - The massive pump over the last few days! Was it Reddit?

  • Thread starter Thread starter BrolySSJ
  • Start date Start date
Dogecoin has shown overtime that it basically increases based on the activities of investors in it not the news of anything or on any social forum.
But one thing is that it really did well to resist the change in bitcoin that happened recently.
 
HayKay said:
Dogecoin has shown overtime that it basically increases based on the activities of investors in it not the news of anything or on any social forum.
But one thing is that it really did well to resist the change in bitcoin that happened recently.
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I strongly disagree with you on this because the massive adoption of the coin is not reflecting on its market value . There is no significant increase in price despite the backings it enjoyed.
 
Ononivami said:
I strongly disagree with you on this because the massive adoption of the coin is not reflecting on its market value . There is no significant increase in price despite the backings it enjoyed.
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I have noticed the same around the coin. Despite the news that I have heard on its massive adoption, the market value is not improving in response to the adoption appropriately.
 
Reedex said:
I have noticed the same around the coin. Despite the news that I have heard on its massive adoption, the market value is not improving in response to the adoption appropriately.
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The dogecoin always have lots of positive news around it but the news is not pushing up the value of the dogecoin. I am not seeing the impact of the news on the market value of the coin.
 
Ononivami said:
The dogecoin always have lots of positive news around it but the news is not pushing up the value of the dogecoin. I am not seeing the impact of the news on the market value of the coin.
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I am so surprised that the positive news around the dogecoin doesn't reflect on its value and that's a very pathetic situation. This is one of the reasons why the Dogecoin is called the joke coin.
 
Reedex said:
I am so surprised that the positive news around the dogecoin doesn't reflect on its value and that's a very pathetic situation. This is one of the reasons why the Dogecoin is called the joke coin.
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The news could be phony news that was aimed at making the price of the dogecoin to to rise. This is another way of artil
 
Ononivami said:
The news could be phony news that was aimed at making the price of the dogecoin to to rise. This is another way of artil
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Yes, I have heard of such news around cryptocurrency. It is one of the ways at which the stakeholders in the cryptocurrency space artificially influence the price of cryptocurrencies.
 
Reedex said:
Yes, I have heard of such news around cryptocurrency. It is one of the ways at which the stakeholders in the cryptocurrency space artificially influence the price of cryptocurrencies.
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The major stakeholders in the cryptocurrency space are fond of artificially manipulating the price of cryptocurrencies by creating phony demand and supply .
 
It was particularly very incredible to see the pump that bitcoin and other cryptocurrencies had done in the past couple of months. I believe that Reddit groups we are one of the main motivators of this pump but I do not think you can completely attribute it to them.
 
I do not want to sound pessimistic but, doge coin is hardly ever going to get to the $1 mark. I know this because its performance in the past months is never encouraging at all.
 
Well my opinion is both even tho I think that done coin is not gonna reach 1$ and I still don't think it got the factors for it to be able to reach 1$ because we need to keep in mind the fact that done coin started out as a meme
 
Ononivami said:
The major stakeholders in the cryptocurrency space are fond of artificially manipulating the price of cryptocurrencies by creating phony demand and supply .
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I read an article that the phony demand and supply is usually done during the week . You will find out that the price of cryptocurrencies usually surge at this period.
 
Reedex said:
I read an article that the phony demand and supply is usually done during the week . You will find out that the price of cryptocurrencies usually surge at this period.
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I have noticed this too. The price of cryptocurrencies surges at weekdays and it plummets at the weekend. This could be the major reason for the pumping and dumping.
 
It is a meme coin and is completely unpredictable. I may not likely earn anything or invest in the cryptocurrency for now because I just consider it as a waste of time. Maybe there are other
 
It is very good to hear such good news that dogecoin is going high so that those that invested in currency will also make good profit from their investment, I am also sure that the price will still going higher.
 
That particular pump was a very big one and it even made it to go more than 500% within a very short time. It is very important that if you experience something like this you should learn to take profit.
 
Reddit us known to carry different news on cryptocurrency. I am not surprised that pump and dump in the price of cryptocurrencies could be caused by news on reddit.
 
Lots of pumping and dumping is really going on around the coin. Pumping and dumping makes the coin to remain on a single point. The massive adoption is not reflecting on the coin.
 
DOGE goes up and down all the time. I think people on Reddit do influence it as well as people like Elon who will mention it and people will lose their minds over it.
 
The major thing that makes me hate investing on dogecoin is because lots of pumping and dumping are going on around the dogecoin. This is basically why I don't like investing on dogecoin.
 
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