With time I believe that the price of dogecoin will soon go up so that the investors will start making good money from the investment.
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But in recent the coin has been a huge recovery without the influence of Elon Musk, i think his influence is just an added advantage.In recent times, price of digecoin is going up, just a week ago it was 20 cents and now it is already 34 cents. Sadly, the price is hugely depended on Elon Musk's promotion of the coin. The price goes up when ever he says something nice about the coin.
It is a crypto currency that is being put up by hyping, if Elon musk's doesn't hype the cryptocurrency then it is obviously possible that the cryptocurrency currency will be useless by now.Looking at the trading volume of dogecoin, the coin may be here for very long. Although a meme coin, it has now gotten the backing of a strong community and I think it would achieve more success in the future.
You are probably right that without Elon Musk, Doge would have remained in the background but now, hype or no hype, it is one of the most traded coins on exchanges, binance and coinbase included.It is a crypto currency that is being put up by hyping, if Elon musk's doesn't hype the cryptocurrency then it is obviously possible that the cryptocurrency currency will be useless by now.
You are probably right that without Elon Musk, Doge would have remained in the background but now, hype or no hype, it is one of the most traded coins on exchanges, binance and coinbase included.It is a crypto currency that is being put up by hyping, if Elon musk's doesn't hype the cryptocurrency then it is obviously possible that the cryptocurrency currency will be useless by now.
Currently I believe dogecoin has a better future though the exchange currency is still around $0.35 , it has been getting into lime light ever since elon musk invested heavily into dogecoin and influenced the rise in it price,In recent times, price of digecoin is going up, just a week ago it was 20 cents and now it is already 34 cents. Sadly, the price is hugely depended on Elon Musk's promotion of the coin. The price goes up when ever he says something nice about the coin.
First of all dogecoin is memes coins, this time of cryptocurrency always rely on strong communities and influencers like Elon musk for it to go higher, that is just the secret about itYou are probably right that without Elon Musk, Doge would have remained in the background but now, hype or no hype, it is one of the most traded coins on exchanges, binance and coinbase included.
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You are probably right that without Elon Musk, Doge would have remained in the background but now, hype or no hype, it is one of the most traded coins on exchanges, binance and coinbase included.
Dogecoin had no support system in the time past but the situation has changed now with the reconstitution of new advisors for its foundation. I am expecting more success from the coin to be honest.First of all dogecoin is memes coins, this time of cryptocurrency always rely on strong communities and influencers like Elon musk for it to go higher, that is just the secret about it
Well if you believe it is a nice cryptocurrency to invest on, you can go ahead, we all have our own different strategy when we are investing in anything especially cryptocurrency.Dogecoin had no support system in the time past but the situation has changed now with the reconstitution of new advisors for its foundation. I am expecting more success from the coin to be honest.