Dogecoin is now being pumped with BTC - page 2.

Kemarit

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

I agree, this is the typical definition of a pump and dump scheme, of course who wouldn't want to see your portfolio growing with Doge pump? But for sure, the price could go down anytime soon when smart investors decided to shift back to Bitcoin again.

Don't want to sound naive here, but when the price of Doge goes down hard, there are going to be a lot of bitching around from this community specially coming from newbies.

adzino

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

Do you think doge will be able to reach $1? That would be crazy. And yeah, I am sure they are going to dump their dogecoin soon and get back into BTC. With BTC dropping right now, perfect opportunity for them to maximize their profit.
ETH seems to be doing good too. At least Ether isn't a joke coin (and getting pumped/manipulated) like dogecoin. Would be even better if people jumps back to ETH after dumping their doge.

Bitcoinjheta

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Truly a big hype that pushes the Dogecoin to pump up even if the leading coin btc is dropping. This would not affect without Elon Musk and Rapper Snoop Dog tweeted about the cryptocurrency. After this trend everybody should be careful and wise of making profit cause in no time it will drop as soon as whales starting to release.

kevindjunaidi

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

from the price of Dogecoin increasing at $ 0.1, so many people say don't invest in Dogecoin and you will be trapped, because the price will definitely go down very deeply, but until now the price of Dogecoin has continued to increase and has reached $ 0.6, so now we shouldn't hesitate to invest in Dogecoin,
because in my opinion Dogecoin already has a lot of support and of course that will make the price of Dogecoin definitely continue to increase, so $ 1 is an easy price for Dogecoin to reach, therefore don't let your doubts make you lose the opportunity to get profit from investing in Dogecoin.

sheenshane

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Dogecoin was always on hype and it is under Elon Musk's influence. It might be the reason for the sudden increase because recently Elon Musk tweeted the image of Doge barked to the moon. We know how influencer he is that could be changed people's minds and those who follow him. Social media hype had been always been there and probably you can ride this too to gain profit and wait when Elon Musk tweeted Bitcoin and either Dogecoin.

In other conclusions, when Bitcoin dominance will increase, it's most likely altcoins price will increase. I saw not only Dogecoin was pumped, but also Ethereum. This could be another reason.

crzy

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

DOGE is very valuable today but if you are looking fundamentally, you'll realize that this is just a hype and a bubble will soon burst so better to exit with DOGE as soon as you made your profit because you can never know what's the future of DOGE especially it is being manipulated, and the hype of Elon will not last. After the altcoins trend, they'll start to buy Bitcoin again which can move the market into a new heights.

viananda2525

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Quote from: Republikcoin.com on May 04, 2021, 05:11:44 PM

DOGE has no other utility other than for the fun purposes it was originally intended for. The strength of the DOGE coin holder community greatly influences other investors who understand the pump mechanism and also people who take part in FOMO. Taking center stage after Elon Musk's tweet, DOGE will continue to make headlines in various media which will actually make this dog coin more popular and more and more people buy.

Only bad news will be able to correct this overly over-priced DOGE.

doge hype in any media actually be the main reason why doge coin pumped alot. new investors start buying this coin , moreove they know elon often make tweet about doge, and most of them said it will go to moon or mars. doge advantaged by continuesly articles in any popular site and new buyer always come.

Republikcoin.com

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DOGE has no other utility other than for the fun purposes it was originally intended for. The strength of the DOGE coin holder community greatly influences other investors who understand the pump mechanism and also people who take part in FOMO. Taking center stage after Elon Musk's tweet, DOGE will continue to make headlines in various media which will actually make this dog coin more popular and more and more people buy.

Only bad news will be able to correct this overly over-priced DOGE.

mamiko

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I don't believe any pump in dogecoin is realistic. they are all balloon ascension. a coin that is doomed to fall sharply afterwards. because it does not have an infrastructure to take firm steps forward. no project. It is rising completely under the name of popularity. People prefer Dogecoin because of their interest in making money in the short term. Do not attribute the decline in bitcoin to the greatness of dogecoin.

Johnyz

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maybe all will come back to BTC if the time comes, people say now is the alt season and as if it is all true because the conditions state that even the domination of btc is getting lower, but if the time for BTC will go up all the altcoins will probably go down simultaneously and let the the king to rise first.

This is a cycle that we're dealing with since the past trends, when the altcoin season is done BTC will take over again. What's happening with DOGE right now is pure of hype, and if you're not a risktaker you are missing the opportunity to make money with DOGE. You'd better to start analyzing DOGE now and join the pump and dump, in short term, you can have a good profit but of course I don't believe on holding DOGE for long term especially yearly, the supply of DOGE increases.

rahmat86

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

I'm really curious why Dogecoin is so popular among investors, when BTC goes down and Dogecoin goes up too? What are the advantages of this coin over other coins? I think if you mine Dogecoin it will make you rich

cabron

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You need to get serious with Doge actually. if you have invested just about $500 for Doge when its price was just $0.05 you could have been happier with the pumps happening in Doge. It doesn't matter now if the coin started as a joke or meme. People can be that vulnerable when some say anything to fud.

Cryptocoin is money and when people are buying the coin in the market, the intrinsic value comes in which Doge now is more than $0.50

tbterryboy

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

I really can't believe that dogecoin is over 50 cents. I just do not believe how it could worth that much money, it just doesn't make sense at all. I know that it is a coin in the end and all coins could go up or down, there is nothing inheritably bad or good about it, it is just a coin like any other. However from even the start, there was so many people who bought too much of it, there is a dude who bought 5 million dollars worth of dogecoin in 2014 and he owns 1.9 billion dollars worth of it right now.

Volume of dogecoin could not cover that, if one person sells 1.9 billion dollars worth of doge that would take it under 5 cents all over again, maybe even under 1 cent who knows, sure some hype of "we finally got rid of him!!" would make it go back up , but not here. So it never made any sense to be to invest into something that was that much risky, but I guess people saw something I couldn't.

Grim149x

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DOGE coin haa been pump again because of elon musk hype there have an event on may 08 2021 the people is being hype now thats why the coin doge has been pump now.

jacafbiz

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I totally agree with the OP, the recent price action of Doge coin is as a result of Whale manipulating the price, when they are done, the price will correct and back to its position, this is not just about Doge Coin but all these Meme coins we see in the space. A lot of people that entered the space in this bull market will learn this lesson in a hard way

Moeda

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

Yes. I thought so. Most likely the Doge price will drop again, and BTC will return to the pump. Because some of the BTC assets were sold to pump up Doge.

ipanks

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Doge is a hidden gem in the crypto world. We do not know if the price can be over price as now and reach $0.5, but that is really happening now and we do not know if the price can reach $1 or not. But I guess the big whales will try to push the price to reach $1 soon. It will be a good moment if we still hold some Dogecoin and not sell if the price does not reach $1, but we should use every moment in the market to profit from any coins that will increase, including Dogecoin.

jrrsparkles

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Quote from: virtualdn on May 04, 2021, 07:16:17 AM

BTC price is going down, Dogecoin up, but don't fall into this newbie trap, it's all relative, the whales will sell Dogecoin back to BTC!

Adoption od Doge increases lately after the fee on BTC and ETH increased to insane amount also Whales and Musk is on the side of Doge so eventually it is on the hype while I don't see BTC is on the real down trend, it went below 50K but for now the prices remaining very strong above 54K region so there is a strong resistance is building at this level for BTC.

Miaallen

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Whatever they use in pumping DOGE coin doesn't change the fact that it is still a shit coin except Elon Musk try and get a utility for it in the nearest future. I'm sure everyone will eventually be tire of his pump and dump tactics.

repear7

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I Don't know what happen in doge. And I can't say it’s overpriced. Because, When i see doge at $0.29 i think it’s overprice for doge. But, Now price is $0.50, And anytime can hit $1. Doge is gem. Doge investors are so lucky.

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