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Topic: Dogecoin (DOGE) Pump Once Again Indicates Collapse of Crypto Market ! - page 2. (Read 209 times)

full member
Activity: 1820
Merit: 107
Common folks the crypto market always behaving like that, I am not surprised because cryptocurrencies are very speculative in nature, and artificially react to every situation that was happening around involving the crypto industry so I guess some are just overreacting about it. IMO, I think the reason why Dogecoin and Shiba Inu are rallying artificially is because of the intervention of the whales who pumped it nothing more nothing less. don't think much it's just a normal market price correction.
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
I can't even believe doge coin as an indicator. It seems like that if there are some parties who are randomly predicting about that. There was no research about that as well. It's pure luck. Sometime it can happen but it doesn't mean if the whales will be dumping once doge got pumped. It was also getting dumped right now. That proves that doge was not strong enough to give huge impact to the market.
full member
Activity: 2352
Merit: 245
I didn't know dogecoin pump and dump is the determine factor of the general crypto market,  I thought only btc has that power. How do you explain all the previous weeks of bear market? Was that because of dogecoin as well?
Despite what the analyst may say i don't think there is a connection, the market is already in bear market.
Of course, Dogecoin, with its capitalization of $9 billion, cannot significantly influence the prices of other cryptocurrencies in this market. Prices can be influenced by such giants as bitcoin with a capitalization of $405 billion and partially ethereum with a capitalization of $200 billion. The price of dogecoin may change slightly under the influence of Musk's tweets, but we can hardly expect a similar surge in its price again, like last year.
legendary
Activity: 3108
Merit: 1029
Since when people are taking meme coin as an indicator to determine the pump. The football token was even doing the opposite thing. I think that it's a wrong thing. The bearish trend can't be determined. Doge was getting pumped due to the some reasons along with shiba inu as well with its burn mechanism. I think that must not become a reason why that article was taking doge as an indicator to signal for bearish trend
member
Activity: 1708
Merit: 13
KUWA.ai
I think the pump and dump of a meme coin like doge doesn't mean there is a bullrun or a bear market, in 2021 the price of doge will skyrocket following the bullrun, I don't think the pump is a meme coin that is a sign that there will be a crash in the market.
legendary
Activity: 2576
Merit: 1655
The pump of memecoins like DOGE or SHIB a couple of days ago was like another funny phenomenon in the stagnating crypto market. But now it seems to be no time for jokes. The fact is that this event once again marked the fall of the crypto market, and it seems that now it can be considered a full-fledged regularity.

Read full details on U.Today
https://u.today/dogecoin-doge-pump-once-again-indicates-collapse-of-crypto-market

The market is really doing good in the last week or so, Bitcoin reaching $25k and then Ethereum at $1900. So for sure, it has a trickle even on DOGE and SHIB and then the usual suspects, pumpers going to work and uses. these two as their vehicles to make money by pumping it early and then waiting for the whole crypto market to catch up, unsuspecting noobs joining, and maybe they think they can make a quick buck out of it. But then again, massive sell-off, DOGE for example is down -12% already. So this is going to repeat itself again and again.
full member
Activity: 1470
Merit: 103
COMBO 2.0
I think if you look at meme coins now You will find out they are everywhere on the top coins list and mostly or independently the can just pump on their own news like the recent pump doge coin had due to dogechain People are actually using meme smart contract to create more memes and we are actually in a bear market
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
After all, Dogecoin is a memecoin but it became popular when many people are using it. Crypto are like that where there is a possibility that it will dump or pump. Some whales are the cause of that and as far as I can tell, the price of dogecoin within 24h decreased about 11.55% from its price before. It's just an indication that it may pump or dump of the price but the truth is we can't predict the price of cryptocurrency.
legendary
Activity: 2254
Merit: 1236
Heisenberg
Read full details on U.Today
Put the article here. I don't like visiting random links  Roll Eyes

I think there are many people who think Dogecoin and Shiba inu has dethroned Ethereum in terms of usage, well it's fast becoming the undisputed truth.
No it's not.

Do you have any idea how huge ethereum is in terms of usage, or you are just doing guess work?
It's funny because one of the tokens you mentioned (SHIBA INU) is an ERC20token on Ethereum blockchain  Grin
hero member
Activity: 1498
Merit: 702
I think there are many people who think Dogecoin and Shiba inu has dethroned Ethereum in terms of usage well it's fast becoming the undisputed truth. Although I still don't own any Dogecoin yet I can not fail to admit it's a high flying Alt-coin and even in this poor market it has been strong in this situation. I still believe that Elon musk gave it and it's like the boost and they also worked on it to get to this stage.
hero member
Activity: 2562
Merit: 577
I didn't know dogecoin pump and dump is the determine factor of the general crypto market,  I thought only btc has that power. How do you explain all the previous weeks of bear market? Was that because of dogecoin as well?
Despite what the analyst may say i don't think there is a connection, the market is already in bear market.
full member
Activity: 700
Merit: 182
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Some predict that the meme has begun, and that there will come a time when we can make 100x to 1000x with this meme coin, or that we will lose everything. That means we are in a very risky position. But it all began with the launch of the dogechain. And this network makes memes into coins. And we already saw that there have been so many coins launched where some people make a profit, while most people lose everything. I will invest a little bit to check if I can survive with that trend . But I am not sure at all. And all of the effects occur only on Dogecoin.
full member
Activity: 1064
Merit: 100
Combo Network
I think there are 2 indicators, the first is that cryptocurrency will dump, and the second is that it will pump, not just dump,
do you remember how Doge experienced a high increase in 2021? yes it also indicates that the market is excited,
and after that other altcoins also pump, so it's not just about dumps.
member
Activity: 352
Merit: 18
Pepemo.vip
The pump of memecoins like DOGE or SHIB a couple of days ago was like another funny phenomenon in the stagnating crypto market. But now it seems to be no time for jokes. The fact is that this event once again marked the fall of the crypto market, and it seems that now it can be considered a full-fledged regularity.

Read full details on U.Today
https://u.today/dogecoin-doge-pump-once-again-indicates-collapse-of-crypto-market
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