Do you think if DOGE will pump like this if it was not listed in Binance?

Bagaji

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Quote from: Viscore on May 08, 2021, 03:48:38 PM

I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?

Dogecoin pump has no connection with Binance exchange this is because there are many other coins that are not Binance exchange and are doing very well. The pump was as the result of the fources of demand and supply in the crypto currency market.

Andrews193

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Quote from: Bagaji on May 14, 2021, 05:15:06 PM

Quote from: Viscore on May 08, 2021, 03:48:38 PM

I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?

Dogecoin pump has no connection with Binance exchange this is because there are many other coins that are not Binance exchange and are doing very well. The pump was as the result of the fources of demand and supply in the crypto currency market.

I don't think so, other exchanges can also train the pumps but the pumping rate will usually be low as very few investors are interested in a shoddy exchange, with binance exchange, it will be a highlight as the roles and projects they list and pump are all very welcome. But in principle, the pumping will also be very limited when the community lacks compelling news and here the birth of Elon Musk is the result that leads to the value of dogecoin.

Renampun

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Quote from: bayudndy on May 11, 2021, 02:15:54 AM

Quote from: Viscore on May 08, 2021, 03:48:38 PM

I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?

I think CZ has been very smart in bringing the public's interest to binnace, and the benefit from the transaction fees from these coins is huge. So it will be difficult for dogecoin to be removed from the list of exchanges.

Binance will only remove coins from the list if that coin does not have trading volume well...
dogecoin has a large number of transactions, there is no reason for Binance to remove it from Binance.

Quote from: azhariejaya on May 14, 2021, 02:43:31 PM

The increase in the price of Doge now is only due to the promotion of Elon Musk. It seems that even though Doge doesn’t list in Binance, the Hype Doge still occurs even though Doge can only be purchased in other markets, so in the case of Doge, Elon is the main factor for the tremendous bullish in Doge.

Bull Doge is inseparable from the shill that Elon does, doge becomes valuable because of Elon.

Mahanton

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Quote from: Viscore on May 08, 2021, 03:48:38 PM

I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?

Try to look on what is the condition in terms of price of DOGE when Elon hadnt entered yet on the craze? or did lead this hype?

Its clear as day on how Elon musk did really affect or influenced this Meme coin which supposed to be silent and not really making any major movement in price.

Thing here is that you do know on when to get out in case you had jumped in into the craze of Doge.

azhariejaya

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The increase in the price of Doge now is only due to the promotion of Elon Musk. It seems that even though Doge doesn’t list in Binance, the Hype Doge still occurs even though Doge can only be purchased in other markets, so in the case of Doge, Elon is the main factor for the tremendous bullish in Doge.

bayudndy

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Quote from: Viscore on May 08, 2021, 03:48:38 PM

I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?

I think CZ has been very smart in bringing the public's interest to binnace, and the benefit from the transaction fees from these coins is huge. So it will be difficult for dogecoin to be removed from the list of exchanges.

Amejoaquim

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Without elon tweet none of these things would have happened.

So I think elon is more influential than binance.

Even though the largest volume of doge was on binance, it still wouldn't have happened without elon's tweet.

nelson4lov

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Quote from: Viscore on May 08, 2021, 03:48:38 PM

I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?

It's not really about being listed on binance. SHIBA, another recent crypto project that popped up in this bull run achieved a similar feat without even being listed on binance. I hope that answers your questions. Even if DOGE wasn't listed on binance, it would still get to its current position and price level as far as its actively shilled by Elon Musk and other dogecoin moonboys.

Binance used to have a " listing effect" back in 2017 - 2019. It stopped when they started listing anything that is hyped.

leea-1334

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Quote from: noorman0 on May 09, 2021, 08:42:54 AM

No, Elon never tweeted about Binance either. The doge pump of this session is filled with newcomers who are unfamiliar with the USD or other currency pairs. Obviously they prefer exchanges that offer more efficient deposits/withdrawals using their fiat. In my country, many people expose their doge balances on my local exchanges.

This really makes it like any other crypto pump though,,, people coming in for the first time and not knowing any other way to get a particular coin so just going through the easiest and most obvious way. Binance no KYC for 2 BTC daily means you can buy $100k every day and not do KYC. With BTC it is even easier,,, so yeah definitely:)

quins

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Quote from: go4crypto on May 09, 2021, 04:59:49 PM

Doge coin is on a large number of both big and small exchanges so binance is not any important factor for it. Billionaires like Elon Musk, Mark Cuban and other celebrities are driving its rise in popularity.

Thanks sir... so i'm sure here because i've seen a lot of news that this coin will go up even if the BTC goes down.

uray

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Quote from: VanDeinsberg12 on May 10, 2021, 02:51:00 AM

I really think people are too overrating binance, I know it's a popular exchange and could bring fame to project but little to nothing I've seen people speak about binance while discussing about doge, it's mostly because of elon that it pumps like this and elon's influence transcends the exchange itself

It is true that everyone is giving Binance more credits than they deserve and Dogecoin is a popular coin in the market and there are several crypto based gambling sites that accepted Doge and it was a popular coin for small time gamblers and the price started its rally when Elon Musk started but if you think back he was shilling the coin for a long time and now when he shilled when the entire market was rallying it had a really big impact.

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Quote from: VanDeinsberg12 on May 10, 2021, 02:51:00 AM

I really think people are too overrating binance, .....

Actually not, we are just speaking of the reality here, Binance is really the most dominant exchange in the market.

as we can see the ranking of exchanges here. https://coinmarketcap.com/rankings/exchanges/

IN the top 3, Binance rank as the number 1, and look at the disparity of figures in terms of trading volume per 24 hours.

1. Binance $52,598,380,178
2. Coinbase Pro $6,850,724,753
3. Kraken $2,790,999,257

VanDeinsberg12

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I really think people are too overrating binance, I know it's a popular exchange and could bring fame to project but little to nothing I've seen people speak about binance while discussing about doge, it's mostly because of elon that it pumps like this and elon's influence transcends the exchange itself, just try to imagine what happened if binance didn't list doge and that's gonna be "elon shill doge => gets listed by other exchange thats not binance => still get pumped regardless" not to mention most of people in the US isn't only using binance anyway, there are various other popular exchange and most of them already listing doge since knowing that most of the capital that goes to doge coming from the US I assume.

bitjoin

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Quote from: Viscore on May 08, 2021, 03:48:38 PM

what if DOGE was not listed in Binance, will it pump like this big?

Yes, even though Dogecoin is not listed on Binance, Dogecoin will pump as we have seen. Here I want to say, elon musk which has made the Dogecoin price increase, not binance.

Quote from: Viscore on May 08, 2021, 03:48:38 PM

Which is more influential, Elon or Binance?

Binance has become the number one exchange in the world. There are so many coins that are eager to be listed there. But if the benchmark is what Dogecoin is experiencing today, then my answer is elon musk is the most influential person in the rise of doge.

lxiaoh

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Elon, there are a lot of exchanges in the world, and Binance just one of them with heavy trading volume.
Let us see from the time, Doge was listed in Binance about in 7 July 1, 2019, and as we all know that Doge big pump is in this year since Elon Musk tweeted about Doge.

nomenclatur

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Quote from: Viscore on May 08, 2021, 03:48:38 PM

I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?

binance and Elon musk are very influential if without Elon musk the price of Dogecoin will not go up so far maybe it will reach a price of $ 0.05 that's already very high for the price of Dogecoin indirectly Dogecoin will remain as it will not have much effect if without Elon musk binance becomes the largest exchange First in the world to make cryptocurrencies more widely known, it is important to realize that Dogecoin has been listing on Binance for a long time but there is not much of an increase compared to today when Elon Musk came and made Dogecoin fly to the moon.

HaekalZ

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I think it doesn't matter even binance was not listed in Binance.
Because the main factor that DOGE pumped like this is because Elon Musk,
Even for today, i read the news that Elon Musk gonna launch Satellite for DOGECOIN.
so the price of Dogecoin will skyrocket again in the near future.

SaShiRaJaVu

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Quote from: Pierre 2 on May 09, 2021, 06:10:13 PM

Doge is also listed on great exchanges like Kraken, Kucoin, Gate.io, Huobi, Bitfinex etc. It would still experience huge pump. And if I know CZ a bit he would definitely take chance and list Dogecoin as quick as possible to pull more users to his exchange. If Elon Musk keeps writing about Doge, it will keep pumping up to higher prices, period.

It is true that CZ will pull all the triggers when he identifies a market to make money and he would gladly accept them to be part of their exchange once he sees that the volume starts increasing. Elon Musk today helped the market to have a great correction and people dumped Doge left and right after a huge rally and whether he will do anything to help the valuation is to be seen Grin

.

Pierre 2

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Doge is also listed on great exchanges like Kraken, Kucoin, Gate.io, Huobi, Bitfinex etc. It would still experience huge pump. And if I know CZ a bit he would definitely take chance and list Dogecoin as quick as possible to pull more users to his exchange. If Elon Musk keeps writing about Doge, it will keep pumping up to higher prices, period.

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Quote from: go4crypto on May 09, 2021, 04:59:49 PM

Doge coin is on a large number of both big and small exchanges so binance is not any important factor for it. Billionaires like Elon Musk, Mark Cuban and other celebrities are driving its rise in popularity.

Exchange is just a one factor for the success of every project so Binance also help DOGE succeed but on its recent peak its just because of Elon Musk hype and that’s too risky to follow that hype if you’re too emotional. Right now, after reaching its peak, its down almost 50% so this is how volatile DOGE is so you have to deal with it carefully.

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