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Topic: 50% increase in Doge coin price in just 24 hours! (Read 579 times)

member
Activity: 406
Merit: 11
DOGE is a one million people coin, although the price is affordable, the results are very profitable if we invest in it, I hope the price of DOGE will continue to increase in the future and more and more people will invest in it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Sorry to say Doge coin is shit coin and i don’t think so doge coin going to 1$, some how i think James galante manipulating there fans  or follower he and He's friend get profit on it.... But so i know anything is possible in crypto...

I am okay if dogecoin is shit Grin

As long as I can buy low and sell high, that will help me to make money. No matter if someone is manipulating the news about dogecoin, I will wait for what will happen to the market, and I hope that I can join the party to make a profit. I think dogecoin can have another pump time in the future, which means we will make another profit.
That's a force plan to invest in Dogecoin. Only to make profits isn't bad, but later who will be the loser. We will be losers but the rest of the investors lost interest in any coins. Dogecoin isn't a shit coin even though I'm also interested to invest, but in the hype I won't. Without big announcements or halving old coin can't offer big profits on the hype.

As long as we can monitor the dogecoin market, we will see the opportunity to buy low and sell high, and I am sure that we will make a profit when the price increase. So far, dogecoin has the potential to increase as the other coin, especially dogecoin is one of the old coins that still exist until now, and dogecoin has big support at the market. Maybe there will be another pump for the dogecoin, and I am sure that people are still waiting for that.
full member
Activity: 1904
Merit: 138
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This is what we call power of social media but it is not meant to use this way. Firstly, it's wrong to give financial advice without a disclaimer which I'm sure he didn't tell his followers. Crypto is very volatile and some followers might have high hopes thinking that's how things work here.
I think he's loading off his bags by asking them to buy. I don't even see doge touching 1$ anytime soon.
Agree with that social media now has a big impact on our  life or society they can manupulate whatever they want even it was fake news they will hype it as long as they can have huge amount of profit they doesn't care on people that invest on it also if the value drop down they don't care they already exited.

Be careful in riding this hype as this approach is not sustainable. So anytime, when the hype is over it can go back anytime to where it was. Most users in that social media don't know the significance of actual use case to make this coin valuable in the market. They thought, just by hyping it up, it can skyrocket its value and never goes down.
full member
Activity: 497
Merit: 110
arcs-chain.com
This is what we call power of social media but it is not meant to use this way. Firstly, it's wrong to give financial advice without a disclaimer which I'm sure he didn't tell his followers. Crypto is very volatile and some followers might have high hopes thinking that's how things work here.
I think he's loading off his bags by asking them to buy. I don't even see doge touching 1$ anytime soon.
Agree with that social media now has a big impact on our  life or society they can manupulate whatever they want even it was fake news they will hype it as long as they can have huge amount of profit they doesn't care on people that invest on it also if the value drop down they don't care they already exited.
hero member
Activity: 1470
Merit: 521
No more Rekt and Bust
Kids from tiktok has power, hah. They need to pump btc for 20k
Tiktok is a platform that has a lot of users in most countries around the world. That's why Doge can be pumped so strongly, hopefully Bitcoin can be pumped like that this year. We need some good news to have such a powerful pump
l agree with your opinion, Tiktok is a large platform and no exaggeration to say that the whole world use just this large platform. As you above mentioned it can be the reason of pumping the price of Dogecoin. But l think it will not take a long time to stay this price, l think Dogecoin will dump again in the near future. Don't rely on such news and make your own research before investing in it. l don't advise collecting Dogecoin for making a profit in the future. Dogecoin is not definitely a good choice.
full member
Activity: 756
Merit: 100
Sorry to say Doge coin is shit coin and i don’t think so doge coin going to 1$, some how i think James galante manipulating there fans  or follower he and He's friend get profit on it.... But so i know anything is possible in crypto...

I am okay if dogecoin is shit Grin

As long as I can buy low and sell high, that will help me to make money. No matter if someone is manipulating the news about dogecoin, I will wait for what will happen to the market, and I hope that I can join the party to make a profit. I think dogecoin can have another pump time in the future, which means we will make another profit.
That's a force plan to invest in Dogecoin. Only to make profits isn't bad, but later who will be the loser. We will be losers but the rest of the investors lost interest in any coins. Dogecoin isn't a shit coin even though I'm also interested to invest, but in the hype I won't. Without big announcements or halving old coin can't offer big profits on the hype.
sr. member
Activity: 1204
Merit: 388
This is what we call power of social media but it is not meant to use this way. Firstly, it's wrong to give financial advice without a disclaimer which I'm sure he didn't tell his followers. Crypto is very volatile and some followers might have high hopes thinking that's how things work here.
I think he's loading off his bags by asking them to buy. I don't even see doge touching 1$ anytime soon.
hero member
Activity: 3024
Merit: 745
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Dogecoin isn't worthless or almost. It's still being used as a transfer for some reasons and gateway for those who find it quick in transactions. I don't get it why it's be related to TikTok users?
Most of the users they have are teens and wouldn't care about cryptocurrencies or any investments.
but in reality, it happens in the dogecoin market. whether it fosters market interest or not. but these events are very concurrent. I can hardly believe what is behind the rise in dogecoin. but everyone is talking about this.
It was said that it's because of the famous Tiktok personalities that advertised Dogecoin on their videos.
Yep I think the hype dogecoin is only temporary because they only follow the trending course and coincidentally the trending challenge is dogecoin. Even if they understand after that they will definitely choose cryptocurrency that is more feasible to be used as an investment such as BTC, ETH, or XRP.
Every hype is temporary and they will stumble as soon as possible. And as we see, the hype has ended or it could also be a temporary end for it and we'll eventually see it back again at the top.
Needless to say, profit takers have been on it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Sorry to say Doge coin is shit coin and i don’t think so doge coin going to 1$, some how i think James galante manipulating there fans  or follower he and He's friend get profit on it.... But so i know anything is possible in crypto...

I am okay if dogecoin is shit Grin

As long as I can buy low and sell high, that will help me to make money. No matter if someone is manipulating the news about dogecoin, I will wait for what will happen to the market, and I hope that I can join the party to make a profit. I think dogecoin can have another pump time in the future, which means we will make another profit.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I would say it's just another pump and dump because the reason is obvious.
Though the price of the coin has surged rapidly, the ones who wanted to take out the profits have already taken it out.
There will just be bag holders left with coins in hope that the price increases but soon the price will dump in the same way as it was pumped.
I am sure the old timers would know how these pump and dump process are executed.
hero member
Activity: 1372
Merit: 503
I think this is the third thread Ive seen posting about how dogecoin pump so much. Even on twitter there's a lot of talk about how it almost double its price due to the shill of tiktok. Im a tiktok user and what I can say is, this app is really a solution to your boring times especially during the locked down it helps you showcase yourself in a funny way. Dogecoin known as a meme but collaborating on a funny app will lead to a more trending news.
sr. member
Activity: 1526
Merit: 251
I think it will be difficult for the doge to stay at that price for a long time after an increase of almost 100%. A similar phenomenon occurs when the doge will be released on the binance market when the price is released directly down to the beginning before the increase occurred.
member
Activity: 633
Merit: 14
because tiktok is a social media trend so some elements pump and try to increase the price and it works, I also think that people who play tiktok might not know what doge or cryptocurrency is.
I don't think like that. now the popularity of crypto has increased. it is not impossible that people who play on the platform also know it. it was an attempt to introduce crypto to more people. although it managed to make a pump it didn't last long.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
Dogecoin isn't worthless or almost. It's still being used as a transfer for some reasons and gateway for those who find it quick in transactions. I don't get it why it's be related to TikTok users?
Most of the users they have are teens and wouldn't care about cryptocurrencies or any investments.

because tiktok is a social media trend so some elements pump and try to increase the price and it works, I also think that people who play tiktok might not know what doge or cryptocurrency is.
full member
Activity: 943
Merit: 101
PredX - AI-Powered Prediction Market
$0.003640 USD (-13.99%)
0.00000039 BTC (-14.12%)

Down 14% haha

I will say that doge is a pretty good investment though. 1 doge will always equal 1 doge Wink
Of course it needs to be adjusted after a period of growth. That is the rule of development. Also I do not understand why you think Doge is a good investment, you will never get too much profit from it. This altcoin is only pumped and dumped
member
Activity: 242
Merit: 10
Hi Crypto Friends :)
$0.003640 USD (-13.99%)
0.00000039 BTC (-14.12%)

Down 14% haha

I will say that doge is a pretty good investment though. 1 doge will always equal 1 doge Wink
sr. member
Activity: 1372
Merit: 261
I don't know what this guy saw in DOGE and why he promotes it but the price of DOGE was so stable for so long it was like a sleeping crypto.
But we should be happy that some of the old crypto are being appreciated and being pump I just hope nobody would cry later on and scream scam.
Because we all know that majority of the investor are just new in crypto other wise they wouldn't just blindly jump on it because some influencer told them.
member
Activity: 573
Merit: 30
I was also surprised to see that at this kind of time. But we've seen seen many coins been pumped like that by some bigwigs just to take a cheap advantage of the panic buyers. I guess same is happening with this doge thing.
hero member
Activity: 2604
Merit: 816
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This will not gonna end well, this is not a real grow, it's fake, people are buying without having any knowledge of the crypto, soon the price will get some correction and can even go down a little, for traders this was a huge opportunity in short term.
Let see what will happen in the short term because if that is real, the price will stay at that price, and the price will have another chance to lift to the higher price. But that effect amazes many traders because they don't know what reason for dogecoin to increase, and they still guess how it could happen in yesterday. But we still hope for another pump for dogecoin, and I am sure that dogecoin can increase again.
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
Well yeah, several days ago, this is booming enough, really influencing the price of DOGE. It is like a very high hype of the coin that is aimed and expected to reach its higher price again in the immediate period. However, is it just a hype only?
Well, let's see what happened several days ago on 8 July, the price of the DOGE increased more than 50% reaching more than $0.0053. However, what's about now? Let's see the graphic on the CMC and other crypto trackers, the price of this coin drops drastically. And now it is at $0.003571 USD again. Although it is still higher than a week ago, the price still cannot reach its ATH that ever happened in 2018. Or, it can be that the DOGE coin still needs more time to maintain the price and then increase drastically.
jr. member
Activity: 56
Merit: 4
This will not gonna end well, this is not a real grow, it's fake, people are buying without having any knowledge of the crypto, soon the price will get some correction and can even go down a little, for traders this was a huge opportunity in short term.
sr. member
Activity: 1183
Merit: 251
Kids from tiktok has power, hah. They need to pump btc for 20k
lol i guess too much people on doge coin is not understand if he was creating it as a click bait. IDK why so many people were taking it seriously while it will never happen.
There will be no hype like this again and doge will go back to the correct place.

Tiktok kids have no power to pump btc.  Cheesy
full member
Activity: 560
Merit: 104
terra-credit.com
I am sad to have missed Doge pump just after some were sold off. The crypto space is fucking unpredictable that any shit can happen at anytime. I believe cryptocurrency bull is on the way.
I also lost those important moments, so don't feel alone. Grin
Cryptocurrency is indeed filled with things that are unthinkable. So we must always monitor market developments and news. Because fundamental factors also play a big role. Just imagine, a video from the tiktok application can make a big change. But remember, don't FOMO or follow other people's manipulations. DWYOR
hero member
Activity: 2926
Merit: 636
not being salty but this pump will be just temporary, for the people who already holding doge I guess they know about it if they got updated with these tiktok news, I mean these kids will eventually dump the coin so hard anyway.
turns out someone found a way to trick these tiktok users into making doge viral LOL.

It's a classic game in crypto and one will know that if he has experience investing in crypto already.
The pump and dump is still happening in the market, people can easily get into the hype and possibly FOMO is short period of time.

But then, what comes up must go down, we will see.  Grin
full member
Activity: 826
Merit: 104
Kids from tiktok has power, hah. They need to pump btc for 20k
Tiktok is a platform that has a lot of users in most countries around the world. That's why Doge can be pumped so strongly, hopefully Bitcoin can be pumped like that this year. We need some good news to have such a powerful pump
hero member
Activity: 2366
Merit: 504
not being salty but this pump will be just temporary, for the people who already holding doge I guess they know about it if they got updated with these tiktok news, I mean these kids will eventually dump the coin so hard anyway.
turns out someone found a way to trick these tiktok users into making doge viral LOL.
jr. member
Activity: 109
Merit: 1
Kids from tiktok has power, hah. They need to pump btc for 20k
member
Activity: 112
Merit: 17
The pump and dump scheme of the year candidate. I just hope that doesn´t become common practise now, like to pump a randim joke coin with the help of unknowledgable people to an extend where the old Hodlers make one last profit on the expense of those newbies. It would be an easy task to do this kind of BS with any other older coin that isn´t worth a dime anymore
sr. member
Activity: 1330
Merit: 326
Now it makes sense why dogecoin suddenly pumped. And to think it pumped well like 95% because of this tiktok challenge. They have succedded to make this dogecoin hype, look how they attract tiktok users to join in this speculation challenge. From the past years it wasn't pump like this. Well, whoever got this idea worked as for now. As usual, normal hype of a coin but if they pushed it to $1/dogecoin, many will really get rich for sure.  Cheesy
sr. member
Activity: 2436
Merit: 272
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Man made bump on the prices won't last long, I doubt this os not actual growth there is a whale trying to bump the price for a hard dump soon.Seriously people will invest for tiktok challenge? I don't think so.
full member
Activity: 381
Merit: 101
Well, in that case all doge holders are happy now due to they already earned, isn't it?
But for sure the price will dump for sure if that is true. You know the cycle flow in the market, probably,
this might just a way of pump to attract everyone to buy doge in every exchange platform anyway.
sr. member
Activity: 1652
Merit: 262
SOL.BIOKRIPT.COM
doge is indeed called as a potential altcoin from previous years, and now is the right moment. with a publisher that is quite attractive to the public, even though it is just a hype but at least the value of the doge will rise in a short time.
legendary
Activity: 2436
Merit: 1207
Need an advice or would like to hear your opinion.

Since dogecoin is now pumped, will it be smart to sell holdings or keep holding? Will there be a price correction? Besides this tiktok pump, when was the last time dogecoin pumped so high? Dont you think that it first and the last pump like this (at least for next few years)?
hero member
Activity: 2954
Merit: 605
They hype is on, sorry but I don't expect the price will continue, it's just temporary and just like any other altcoins in the market, it will fall when bitcoin is not moving well. It has given traders a great opportunity to sell their doge as they can cash out at a good profit in just a very short span of time, damn, I didn't read that news, I could have join the party.
full member
Activity: 379
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If i had doge at the time i will totally sell everything and if i knew that before this i will buy but right now after the whole dust is settled i really think is a bad move to buy it.Dont fall for a trap like this
But the fact that you didn't have any doge in your wallet. Dude, this pump is rarely happening with doge and it's going back again to the price before the pump. I could say this is not a trap but this is an impact caused by the news about doge and tiktok.
I don't think it's a trap. Dogecoin has been around the market long enough to not trick investors and users by this old trap! In the last couple of days, cryptocurrency investors are amazed by the developments of Doge due to the viral in Tiktok platform. I think that's the reason why a lot of people decided to buy Doge that makes its price increased.
hero member
Activity: 2926
Merit: 636
Who says DOGE are shitcoins now? LOL..

Actually I missed the price, I just know it pumped big time when I read some post in the forum, who made money for this pump is so lucky but I think soon the price will correct, and will go back to maybe 25-30 sats.

Really nice to look at the chart.

hero member
Activity: 2604
Merit: 816
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If i had doge at the time i will totally sell everything and if i knew that before this i will buy but right now after the whole dust is settled i really think is a bad move to buy it.Dont fall for a trap like this
But the fact that you didn't have any doge in your wallet. Dude, this pump is rarely happening with doge and it's going back again to the price before the pump. I could say this is not a trap but this is an impact caused by the news about doge and tiktok.
I'm confused, why with Tiktok video can make the Doge price become a Pump? Whether after making Tiktok video, Then increase in demand for Doge coins ? Or Tiktok users become interested buying Doge after Tiktok Doge's video  viral?
Maybe the popular TikTok user suggests that the other user invests in the crypto, and that person advice to buy dogecoin because dogecoin price is still low. The other TikTok user can buy dogecoin for $25, and hold the dogecoin for five years and forget it for a while, and they can come back again after 5 years. There will be a growth for the dogecoin price, making them make a lot of money. But we know that the crypto market can not be predicted, and they should know about that. Maybe that is why dogecoin price increase so high.
hero member
Activity: 2366
Merit: 838
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Ballet wallet, Listing on bitfinex and TikTok app. All of news were released recent days and it helped such a Dogecoin rising after months stucked in low price.  Grin

About TikTok app, I would avoid using it. TBH, I have never been a fan of TikTok, on website, and I have never used TikTok app.
Never heard about this and is literally hard to believe that even teenagers can be so naive.

Now they are pumping Doge using TokTok and with success because the price of Dogecoin spiked more as 40% in last 24 hours.


https://www.coindesk.com/tiktok-let-the-doge-out-why-tiktok-doge-is-everything-about-2020-finance-in-one-story

It is just insane what is happening around this app.


hero member
Activity: 1442
Merit: 510
If i had doge at the time i will totally sell everything and if i knew that before this i will buy but right now after the whole dust is settled i really think is a bad move to buy it.Dont fall for a trap like this
But the fact that you didn't have any doge in your wallet. Dude, this pump is rarely happening with doge and it's going back again to the price before the pump. I could say this is not a trap but this is an impact caused by the news about doge and tiktok.
I'm confused, why with Tiktok video can make the Doge price become a Pump? Whether after making Tiktok video, Then increase in demand for Doge coins ? Or Tiktok users become interested buying Doge after Tiktok Doge's video  viral?
hero member
Activity: 1064
Merit: 639
This was a bad act which has been done through a TikTok video.
Now tiktokers will also be used for such things, However, we all know that a manipulating price is a cheap act, I request you not to participate in such shitcoins.


I am afraid Scammer should not adopt this method, Because this can increase the price of any shitcoin.

hero member
Activity: 2156
Merit: 803
Top Crypto Casino
The last time when Dogecoin pumped was in 2017 and now after three years and only because of a viral Tik Tok video it has pumped again. There are so many dogecoins lying in the wallets of individual owners without any use and suddenly these owners are happy now after a pump of more than 50 percent.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
If i had doge at the time i will totally sell everything and if i knew that before this i will buy but right now after the whole dust is settled i really think is a bad move to buy it.Dont fall for a trap like this
But the fact that you didn't have any doge in your wallet. Dude, this pump is rarely happening with doge and it's going back again to the price before the pump. I could say this is not a trap but this is an impact caused by the news about doge and tiktok.
hero member
Activity: 2842
Merit: 772
If i had doge at the time i will totally sell everything and if before this i knew i will buy but now after the whole dust is settled i really think is a bad move to buy it.Dont fall for a trap like this

Those kind of pump are really hard to anticipate, unless if you join some pump and dump groups around. But then again, it's just a pump and as we all know this kind of practice won't go that long and it's not really sustainable.

For sure there are many who make a ton of money, but there could be someone who FOMO and get trap inside. So it is still 50-50, thus you don't have to regret not able to buy prior the the pump unless you are really a bag holder of Doge.
full member
Activity: 1470
Merit: 103
COMBO 2.0
If i had doge at the time i will totally sell everything and if i knew that before this i will buy but right now after the whole dust is settled i really think is a bad move to buy it.Dont fall for a trap like this
legendary
Activity: 2030
Merit: 1189
Looks like the viral video is working.

Though I doubt Dogecoin will climb to $1 like they're hoping, those that bought in at the beginning have already netted a nice profit of around 50%. Can't really hope for than that without being unrealistic.

I also saw that Tron founder Justin Sun posted that he's going to be ramping up efforts on TikTok soon, so I wouldn't be surprised if we don't see a similar pump for TRX soon.

I doubt Dogecoin will continue on this trajectory for much longer, the viral nature of the challenge seems to be dying down now.
sr. member
Activity: 1190
Merit: 257
Dogecoin isn't worthless or almost. It's still being used as a transfer for some reasons and gateway for those who find it quick in transactions. I don't get it why it's be related to TikTok users?
Most of the users they have are teens and wouldn't care about cryptocurrencies or any investments.
Yep I think the hype dogecoin is only temporary because they only follow the trending course and coincidentally the trending challenge is dogecoin. Even if they understand after that they will definitely choose cryptocurrency that is more feasible to be used as an investment such as BTC, ETH, or XRP.
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just saw this video on tiktok, it's 72.3 k likes and 900K views, almost 1M

that's cood for Doge got a new community!
full member
Activity: 1274
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Well there would be plenty of people who would cry when the price starts going down and they miss the opportunity to sell.
This is the power of social media the popularity of people would make their follower listen to whatever they say.
This could be another pump and dump in the market but now the victims would be the innocent followers who blindly follow his word.
sr. member
Activity: 910
Merit: 267
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Crypto is so volatile that even influencer hypes can cause uptrend for a coin. Imagine what happened to DOGE and multitude FOMO in. I'm not against people buying DOGE but many newbies will buy the top hoping it will continue rising, without knowing how crypto works. Then when the coin dumps on them they start cursing or regretting.
sr. member
Activity: 616
Merit: 250
Doge moon actually scared me and I was inquisitive and had to make some research concerning the moon. Some sets of guys really hyped it and the hyping worked out positive. I just hope it remains this way because doge I know may end up hurting newbies that jumped in to buy but all the same anything can happen in crypto. Most abandoned shitcoins are resurfacing and mooning so well.
legendary
Activity: 3248
Merit: 1179
$DOGE is one coin I've never thought of holding long term, but for swing trading. This time around I didn't buy in since it was already over pumped when I got to know. Binance added it to 50x lev and Bitfinex listed it, looked more like they prolonged the FOMO haha. Newbies who buy the top will always grind their teeth at the end.

Doge makes this swings from time to time, now we know why. Hype from tiktok, and now I hear from you that it's listed on bitfinex, and binance add leverage trading. Well I don't think it will last, it will go back where it was. It happens to doge every once in a while, to rise its price even for 100%, but that it falls back, good for swing trading, if you catch the right moments.
And I can't agree more with newbies who buy on top, well someone always buys on top, it's the nature of trading. Without fishes trading wouldn't be fun as it is!
full member
Activity: 1330
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The other good information came from binance future that will launch DOGE/USDT Perpetual ccontract up to 50x, here is for more information https://www.binance.com/en/support/articles/7777402b13574c41afe13b334d3e047e

I really doubt and until now I never try to buy this coin, because I always see its function. I get used to collect more information first (complications) before decide to buy some coins. At least it will make me comfortable if I choose long term investment.
sr. member
Activity: 910
Merit: 267
Vave.com - Crypto Casino
$DOGE is one coin I've never thought of holding long term, but for swing trading. This time around I didn't buy in since it was already over pumped when I got to know. Binance added it to 50x lev and Bitfinex listed it, looked more like they prolonged the FOMO haha. Newbies who buy the top will always grind their teeth at the end.
legendary
Activity: 2128
Merit: 1775
I am curious about what the OP said, (Dogecoin tiktok), I tried to open the youtube video site, eh it turns out that many people talk about doge tiktok.

In this case it does look a little weird and a joke (Dogecoin tiktok), but if you look at the history of the coin doge creature, it cannot be taken lightly/trivially, it should be taken a little seriously.

Why I say it like that, of course it has a reason, usually underestimated, that works.
Doge History: ( https://www.investopedia.com/terms/d/dogecoin.asp ) doge coins were created to mock Bitcoin, but in fact the price of the doge is increasing so that it becomes one of the developing coins in the market.
This is most likely with the price of doge can also influence it, with the current video (tiktok) tener, it is likely to happen like history when doge coins are formed, jokes come true, that's my opinion.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
As I can see the update, it looks like they succeed to pump their price and to create a mouse trap obviously and those who bite will be force to hold after that hype because they are the new generation of a trap hodler. Well, they took advantage the popularity of Tiktok and that is not a good sign a of good token.

There must be an acceptable reason for their 50% up, this is so insane to see people rush to buy Doge just because of this statement, an obvious hype that can make lose big money at an expensive cost of the newbies.
legendary
Activity: 2268
Merit: 1655
To the Moon
...In the video, Tik Tok users were asked to invest $ 25 each in Doge coin and wait for its price to rise from $ 0.0023 to $ 1, in which case their capital will reach more than $ 10,000....

Such investment conditions are more like a Ponzi scheme, which promises a guaranteed percentage of profit. These types of false advertising can turn a lot of people away from cryptocurrency, showing them that it is a bubble. And as a result, today's profit of 50% can turn into reputational losses.
sr. member
Activity: 1848
Merit: 298
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There no cure for stupidity. The only thing we can do is cash in our dogecoin if we have any. The starter of the hype clearly bought a large amount of dogecoin and did all this so that he could make a good profit. The stupid people following him would lose at the end and learn the lesson a hard way. Nevertheless, it's a way to get introduced with crypto market.
copper member
Activity: 45
Merit: 0
Well the good things about this is that, we have a lot more information available for those blindly jumping into crypto because of an influence. we wont have a repeat of the last bear run.
full member
Activity: 1106
Merit: 166
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So this will end up in another dump when the price reached decent amount, even if the influencer is not dumping the whales will eventually so users who trusted the words and joined into the challenge will lose trust on the coin forever.

I get a feeling like there is something shady behind this challenge.
sr. member
Activity: 1442
Merit: 265
After Doge coin name appeared on the TikTok social network, the price of this digital currency rose by more than 50% in just 24 hours. Doge coinweekly price increase is more than 80%.

According to the script, Doge long-term jump came after one of Tik Tok famous users, James Galante, persuaded his followers to invest in the digital currency in a video titled "Let's Get Rich."

In the video, Tik Tok users were asked to invest $ 25 each in Doge coin and wait for its price to rise from $ 0.0023 to $ 1, in which case their capital will reach more than $ 10,000.

The video said:

Let's get rich. Doge coin is almost worthless. There are 800 million Tik Tok users. When it comes to $ 1, you get $ 10,000. Tell everyone you know.
Currently, the Doge coin is priced at $ 0.0043 per unit, with a market value of $ 534 million.

Also, according to Kevin Desk, the trading volume of this digital currency has increased by more than 2,000% in the last two days. On the other hand, Google's search for "how to buy dogecoin" has reached its highest level in 12 months.

The Doge coin with the abbreviation DOGE is a digital currency based on the Chinese blockchain that was originally made just for fun, but soon found its own fans. By reading the article "What is Doge coin" you can get acquainted with this digital currency.

What happened with doge coin, i am talking about the pump is solely due to tiktok activity which again tells the power of social media and hype in this industry but i am not confident that this pump will continue or will end up like a pump and dump. If this strategy from dogecoin proves effective i think other coins and projects can also follow this.
hero member
Activity: 3024
Merit: 745
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Dogecoin isn't worthless or almost. It's still being used as a transfer for some reasons and gateway for those who find it quick in transactions. I don't get it why it's be related to TikTok users?
Most of the users they have are teens and wouldn't care about cryptocurrencies or any investments.
sr. member
Activity: 1372
Merit: 322
That was a trap to sell a big bag and made some instant profit in my opinion. The guy influenced his audiences to purchase DOGE while behind the scene, he sold a lot and made huge profits. Such stupid guys are the enemy of crypto. I'm sure whoever have invested by being influenced through the challenge, will never invest into crypto anymore.
newbie
Activity: 19
Merit: 3
After Doge coin name appeared on the TikTok social network, the price of this digital currency rose by more than 50% in just 24 hours. Doge coinweekly price increase is more than 80%.

According to the script, Doge long-term jump came after one of Tik Tok famous users, James Galante, persuaded his followers to invest in the digital currency in a video titled "Let's Get Rich."

In the video, Tik Tok users were asked to invest $ 25 each in Doge coin and wait for its price to rise from $ 0.0023 to $ 1, in which case their capital will reach more than $ 10,000.

The video said:

Let's get rich. Doge coin is almost worthless. There are 800 million Tik Tok users. When it comes to $ 1, you get $ 10,000. Tell everyone you know.
Currently, the Doge coin is priced at $ 0.0043 per unit, with a market value of $ 534 million.

Also, according to Kevin Desk, the trading volume of this digital currency has increased by more than 2,000% in the last two days. On the other hand, Google's search for "how to buy dogecoin" has reached its highest level in 12 months.

The Doge coin with the abbreviation DOGE is a digital currency based on the Chinese blockchain that was originally made just for fun, but soon found its own fans. By reading the article "What is Doge coin" you can get acquainted with this digital currency.
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