Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X - page 3.

JeffBrad12

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Quote from: wheelz1200 on October 10, 2023, 03:22:06 PM

The complete reliance on elon for dogecoin is getting kind of rediculous. If one person can sway a coins price that .ich it can't be a good long term project. Just imagine elon came out and said he was just joking around with dogecoin. It would completely plumet the price. There is no single set of news that could sink bitcoin that hard. With doge's endless block rewards the price will never be sustainable.

true, but some people that likes to speculate with meme coin instead enjoying such ride because they think elon would always shill to doge coin for eternitiy meanwhile thats not always the case, remember when doge coin was deemed to be too centralized by elon because too few people owning huge amount of supply, the price plummeted, elon could definitely such such fud again and the value will plummet, its always double edged sword. for the whole meme community including doge coin but majority seemed to be enjoying such price change.
though I guess we can't help it, the existence of meme coin always revolve around shill by influencers or price manipulation.

wheelz1200

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The complete reliance on elon for dogecoin is getting kind of rediculous. If one person can sway a coins price that .ich it can't be a good long term project. Just imagine elon came out and said he was just joking around with dogecoin. It would completely plumet the price. There is no single set of news that could sink bitcoin that hard. With doge's endless block rewards the price will never be sustainable.

JunkieMiner

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Quote from: cryptoWODL on October 08, 2023, 12:51:12 AM

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

I think he is preparing his coin for the next year 2024. And he is posting these things to get most of the attention and wants to engage people in the trading of Doge. It has a good price now and good trading figures as well. It has now 23 ranks as you can check on coinmarketcap. So, it would be nice to look at it in the next year. We can consider it in our portfolio in the upcoming year, I think this would be a better year for Dogecoin. Doge would be everywhere.

Abiky

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Quote from: cryptoWODL on October 08, 2023, 12:51:12 AM

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

It's great. But I don't think such news had to do anything with the recent "pump" in Dogecoin's price. More like someone else is manipulating the price to his/her own benefit. It could be Elon Musk or whales trying to "play the game". You can never expect much from a "meme" coin anyways. Elon Musk promised investors to integrate DOGE with X (formerly Twitter), but nothing has happened so far. If he is serious about DOGE, he would keep his promise.

All I see is an opportunist waiting to fool investors for his own benefit. A pity to those who invest blindly based on someone else's opinion. With the hype coming to an end, it's likely DOGE will return to sub $0.01 market prices in the future. Lets move on to the next big thing in crypto, shall we? Roll Eyes

Fundamentals Of

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Quote from: Xal0lex on October 09, 2023, 12:29:42 PM

Quote from: cryptoWODL on October 08, 2023, 12:51:12 AM

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

Another attempt to manipulate the market with his media resources. Ilon Musk is faithful to his habits, and naive users react appropriately. Next, everything will go according to the old scenario, growth will stop, the price will return to the mark that was before the release of this news.

It should be noted that the capitalization of this coin is constantly decreasing and this coin soon risks to be thrown out of the top 10.

I actually don't understand why this big Doge army believes that Elon Musk is really supporting them. I can't believe how naive they are. Is it even confirmed that this man owns Doge? And how much of this shitcoin does he actually own? There are Doge holders who are now significantly falling in worth because of being too loyal to the meme coin. Nobody knows whether Musk is just using his influence to make money out of the ignorance of this Doge army. Doge loyalists should quit believing that Musk will bring them to the moon.

GreatArkansas

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This kind of news or event is becoming normal to Dogecoin. With Elon Musk talking Dogecoin, it will just help Dogecoin to pump, we already saw this several times and I believe it will continue, especially once we will be in bull market, cryptocurrency will be trending and most of personalities will use their power to pump their bags.

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Quote from: cryptoWODL on October 08, 2023, 12:51:12 AM

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

This would tell us that Elon Musk still has a huge influence in the crypto space and many people still following him. And the impact is huge even just in logo design.
Well, he makes Dogecoin famous several times so not to wonder why he does it again. Besides, he has the capacity to make hype and encourage investors to invest but they should be warned as well, especially for newcomers. Dogecoin is just profitable during the hype and people must know about it or else, they will suffer the consequences and lose their money.

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Quote from: cryptoWODL on October 08, 2023, 12:51:12 AM

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

Like what the heck?

It's not all about that incident if Dogecoin is up yesterday. People always tend to say that it's all because of Elon things that made Doge up.

Maybe? But it's most likely that the volatility that's coming from Bitcoin made all of these things and that's what people need to realize and stop relying on these hypes of pump and dump from a single personality.

FahriZah

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Actually when elon musk target anything than he will be success because he is o e of the gentleman and when elon musk posting twitting anything about Doge than so many people’s buy the Doge at current price because traders know as well after elon musk tweets thab going to pumping Doge very soon.

forexandcryptoauditor

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As Elon Musk is a huge supporter, fan, and holder(?) of DOGE, and moreover has such a large community via Twitter, no wonder any news from his side for this coin will influence many traders as well as investors reflecting the price surge. However, this will provide benefits to current holders so it is good news. If such posts or news continues from Elon Musk periodically, the DOGE coin may reach $0.75 for sure.

Xal0lex

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Quote from: cryptoWODL on October 08, 2023, 12:51:12 AM

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

Another attempt to manipulate the market with his media resources. Ilon Musk is faithful to his habits, and naive users react appropriately. Next, everything will go according to the old scenario, growth will stop, the price will return to the mark that was before the release of this news.

It should be noted that the capitalization of this coin is constantly decreasing and this coin soon risks to be thrown out of the top 10.

Bobrox

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Actually not huge impact with Doge coin price pump 10% after few hours later back to current lower price, have been habit thing with Doge coin up and down faster after tweet by Elon Musk and few minutes later price back to lower again. Hit and run when trading in Doge coin when getting late moment or update about Elon Musk tweet with Doge coin you will late the party for trading with Doge coin. I don't see any feature or advantage when trading with Doge coin, few minutes after Elon Musk tweet there are not any opportunity yet to earn much profit because under five minutes after his tweet Doge coin will drop again to lower price.

Don't know when Elon Musk make tweet about Doge coin, late information know with his tweet actually we miss chance for trading with doge coin.

yazher

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Quote from: icalical on October 08, 2023, 07:22:54 AM

I tend to be skeptical that the Dogecoin 10% price up is mainly caused by Elon tweet, instead I think it's actually because the crypto market in general is in green. I don't think posting video made by Doge designer will attract the investors, the case would be different if Elon integrate Doge payment to the platform, maybe accepting Doge to pay for blue subscription.

That's what I think too because it's good to be true when they can do that alone without the help of bitcoins price. I think the best part of this is they still have some development and updates regarding this coin since this is not a new one and has some huge numbers of competitors. since Elon Musk is the main character who promotes this coin every time, investors should not always rely on him rather they really need to check every possibility and whether the increase of the price is just a mere promotion video or the whole crypto market itself.

$crypto$

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Quote from: bittraffic on October 08, 2023, 10:42:09 AM

BTC halving is so close and everything will be going up soon. It does not even need Musk for the price of Doge pump.

Seeing however that Doge rises up to $0.70 during the bull market and then drops to $0.06 in the bear market makes Doge not good for long-term hold. I learned this from experience as I have tried doing it since 2021. Now I'm just using Doge to bet. If it ever goes up this 2024, investors who also held it for a long time will likely unload them.

That's because it's bullish because any coin will definitely be hyped by the influence of bitcoin after the halving.... I feel like Elon Musk will throw another tantrum with his tweet.

Actually it is the same as bitcoin during the bullish period it was $69k and during the bearish period it is now at $27k there is no difference it's just that memes can't be relied on just wait for the explosion when someone wants to go above 20x, I don't feel it's worth holding memes for now even though they are confident in what they hold.

poodle63

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Quote from: Magic-Money on October 09, 2023, 07:35:31 AM

That is the signal for next Bull Run, as Bitcoin halving is fast approaching, currently now Dogecoin is still on the cheap side to buy more, while preparing for the next bull run pump in cryptocurrency market.

I doubt it is, meme coin presence is always there in every bullrun indeed but I doubt with just elon shill it could somehow trigger bullrun though what you meant might be the fact that elon is signaling to buy because incoming bullrun but I highly doubt it.
the previous bullrun highly motivated by the fact that elon companies investing in cryptocurrency which also motivates other company.
now such thing already ended, i guess there will be new thing presented soon.
like maybe another trend that might motivate institutional investors out there to put more investment into cryptocurrency.

poodle63

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Quote from: Magic-Money on October 09, 2023, 07:35:31 AM

That is the signal for next Bull Run, as Bitcoin halving is fast approaching, currently now Dogecoin is still on the cheap side to buy more, while preparing for the next bull run pump in cryptocurrency market.

I doubt it is, meme coin presence is always there in every bullrun indeed but I doubt with just elon shill it could somehow trigger bullrun though what you meant might be the fact that elon is signaling to buy because incoming bullrun but I highly doubt it.
the previous bullrun highly motivated by the fact that elon companies investing in cryptocurrency which also motivates other company.
now such thing already ended, i guess there will be new thing presented soon.

Magic-Money

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That is the signal for next Bull Run, as Bitcoin halving is fast approaching, currently now Dogecoin is still on the cheap side to buy more, while preparing for the next bull run pump in cryptocurrency market.

bittraffic

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Quote from: ajiz138 on October 08, 2023, 10:01:36 AM

This source was several months ago and we know that at that time the Twitter bird logo was replaced with the Dogecoin logo, resulting in a jump of several percent, not surprising because the key to the increase in Doge is Elon Musk, the owner of X.

Holders are probably hoping that Elon Musk tweets memes again to create hype in this coin? Ohh, this can't be predicted at all but I'm not a doge fan because placing hope on meme coins is like gambling but it will explode in time.

Don't get your hopes up, but wait for Elon Musk to act again.

BTC halving is so close and everything will be going up soon. It does not even need Musk for the price of Doge pump.

Seeing however that Doge rises up to $0.70 during the bull market and then drops to $0.06 in the bear market makes Doge not good for long-term hold. I learned this from experience as I have tried doing it since 2021. Now I'm just using Doge to bet. If it ever goes up this 2024, investors who also held it for a long time will likely unload them.

ajiz138

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This source was several months ago and we know that at that time the Twitter bird logo was replaced with the Dogecoin logo, resulting in a jump of several percent, not surprising because the key to the increase in Doge is Elon Musk, the owner of X.

Holders are probably hoping that Elon Musk tweets memes again to create hype in this coin? Ohh, this can't be predicted at all but I'm not a doge fan because placing hope on meme coins is like gambling but it will explode in time.

Don't get your hopes up, but wait for Elon Musk to act again.

Huppercase

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Quote from: cryptoWODL on October 08, 2023, 12:51:12 AM

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

If you're successful, there is nothing in this life that cannot be influenced, that's a fact unless you have not reach that spot were you can be call a successful person. This is exactly what Elon Musk does, use his story to create more wealth where government has and where they don't have a say. However, what is going to be the action of SEC is what I'm yet to decipher, they only oppress those who they can only control, what differentiate Elon and centralized exchanges of insider trading, tell me.

Dogecoin was able to reach where it is now through Elon, if one day he decide to free the project the way hee screw everyone when he ditch bitcoin when bitcoin need him the most, lots of people are might regret holding it. Dogecoin doesn't hold value like bitcoin but he enjoyed toying with it because he knows that people will not held him responsible for his actions because nonsense is what they don't entertain, he should continue whether he will until SEC get full of him and decide to invite him over for questioning.

Topic: Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X - page 3. (Read 596 times)