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The bull run of dogecoin is over, the coin is on the decrease!

  • Thread starter Thread starter Sincerem
  • Start date Start date
I don't pay much attention to doge coin, it gained much popularity because a rich man, Elon wanted to gain popularity and it's a meme coin it's easy to dump on us any time
 
The coin is simply rebuilding and it's having that glimpses of returning to it's base where it achieved $0.64 around April ending.
 
This 8s the nature of crypto currency because no matter how the bullish the bearish will happen that is the volatility of the crypto currency and is good.
 
Filicit said:
I don't pay much attention to doge coin, it gained much popularity because a rich man, Elon wanted to gain popularity and it's a meme coin it's easy to dump on us any time
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Yes, it gathered momentum cos a rich business man in the making of Elon musk is simply behind it's development to the top.
 
I believe that if bitcoin could cross $50,000 comfortably, doge coin will also be heading to 7 cents and above in which lots of people will recover their Investment.
 
Sincerem said:
Yes, it gathered momentum cos a rich business man in the making of Elon musk is simply behind it's development to the top.
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It does not seem like elon wishes to back the coin much these days seeing his silence on social media and also the starting of his own coin
 
Filicit said:
I don't pay much attention to doge coin, it gained much popularity because a rich man, Elon wanted to gain popularity and it's a meme coin it's easy to dump on us any time
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That's just what I know practical about this coin that has been making so many pointless noise for so Long. You can't say that about Bitcoin because it is not a coin one person can just come around and direct it at will
 
Kelly5 said:
That's just what I know practical about this coin that has been making so many pointless noise for so Long. You can't say that about Bitcoin because it is not a coin one person can just come around and direct it at will
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Doge pet say didn't make noise its the big investors that did and this is not possible with bit coin because its price is way higher than doge and it already has many big investors
 
Filicit said:
It does not seem like elon wishes to back the coin much these days seeing his silence on social media and also the starting of his own coin
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He alone knows the reason for that, he should do what's pleasing to him more. He can simply promote another coin too to enable us earn by getting signals when he hype it.
 
Sincerem said:
He alone knows the reason for that, he should do what's pleasing to him more. He can simply promote another coin too to enable us earn by getting signals when he hype it.
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Haha! The profits is the most important, right? However, I think that Elon might still find his way back to doge and even without that, he has gained much needed attention for the coin now.
 
Niftyyem said:
Haha! The profits is the most important, right? However, I think that Elon might still find his way back to doge and even without that, he has gained much needed attention for the coin now.
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Yeah, he'll find his way back with dogecoin for sure. He simply wants to think about the next move. But if he promote other coins it will be worthwhile.
 
Sincerem said:
He alone knows the reason for that, he should do what's pleasing to him more. He can simply promote another coin too to enable us earn by getting signals when he hype it.
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How do you get your signals? I get mine from one telegram group I know of. I think elon musk is already making a move though, with musk coin
 
Filicit said:
How do you get your signals? I get mine from one telegram group I know of. I think elon musk is already making a move though, with musk coin
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One good way is to follow him on twitter. Most times his tweets are what move the markets and not just about Cryptocurrencies, even about his company too.
 
Niftyyem said:
One good way is to follow him on twitter. Most times his tweets are what move the markets and not just about Cryptocurrencies, even about his company too.
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I follow elon on Twitter and he's been pretty silent these days although I don't normally invest in coins that concern him, I know he can dump anytime
 
Filicit said:
I follow elon on Twitter and he's been pretty silent these days although I don't normally invest in coins that concern him, I know he can dump anytime
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I guess he is busy and doing less manipulations of the crypto markets these days and I think it is a good thing because his influence only causes pump and dump of the coin.
 
Niftyyem said:
I guess he is busy and doing less manipulations of the crypto markets these days and I think it is a good thing because his influence only causes pump and dump of the coin.
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One thing I have learnt is that a rich or influential person doesn't completely grow silent, they are probably working in some serious project or already dumping that we don't know
 
The actions and chatter of Elon Musk who dubbed himself the Dogefather on Twitter, often makes the price of Dogecoin fluctuate, but in the near future the price of Doge will reach above $0.3
 
eLdavis said:
hmmm, i have heard so much about dogecoin, and i would like to invest in it when i can, where do i buy if i need to. I heard the coin would be nice to invest. What is the current value in naira
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Dogecoin can have a bull run or bearish run because that's the nature of cryptocurrency. Cryptocurrency is volatile in nature. Today it might be bullish but in the next day it can be bearish.
 
This might be the case at the moment but with crypto there are certainly no guarantees, today a coin does so we'll and another time it plumps, so definitely there could be improvements later on
 
I think the decrease in price of dogecoin then was caused by the in consistent promotion by Elon musk , but it seems the price is regaining balance and now moving ahead
 
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