Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter - page 3.

judaspriest

full member

Activity: 1330

Merit: 100

C O M B O

Quote from: Cling18 on April 10, 2022, 10:22:23 AM

Quote from: bluebit25 on April 10, 2022, 07:01:30 AM

It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

Elon still wants entitlement and attention in the crypto world that's why he's still trying to tweet statements just to manipulate the Doge coin. He's hyping the coin for his own benefit and he's been doing it to make more money so we should get rid of his tweets and ignore his statements. We've witnessed what he did to Doge before so we should better take that as a lesson.

this is what I don't like about Elon Musk, I really respect his profile, because he is really someone who works hard,
but it's a shame since he was around and tweeted about Doge and Bitcoin as if the crypto market was in his hands, especially Doge,
do you remember when the price of Doge went up 1000% more that time? yes that's because Elon Musk made the first tweet about DOGE, and the price of Doge flew to the moon

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: poodle63 on April 10, 2022, 10:55:36 AM

Nothing special with this news and i think that the pump caused by the bulltrend that was happening with bitcoin. So, after elon was revealing how many doge coin owned by him and this time it gives nothing to the doge coin. This pump is not even happening for long term and a few days later the price dumped back again to the price before it was getting pumped. I think that people are being too optimistic with any news that came from elon while it's not always a big news.
that's why i do like how shiba community is better than doge coin. The doge coin is only using the hype from elon while it has no utility and that's quite different with shiba.

Judging by the dynamics of the community response to tweets of Ilon Musk, people are beginning to gradually realize that all this is the usual market speculation and that the price of DOGE after approving statements of Ilon Musk does not hold at its increased values and begins to fall, and therefore begin to lose money all those who have believed in these speeches of Ilon Musk. The last 2 news well showed the true demand for these coins. The demand is not as high as the hype that Musk is trying to create around this coin and Tesla. In any case, the fate of DOGE is not particularly important to him, the main thing is Tesla and everything associated with it.

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Nothing special with this news and i think that the pump caused by the bulltrend that was happening with bitcoin. So, after elon was revealing how many doge coin owned by him and this time it gives nothing to the doge coin. This pump is not even happening for long term and a few days later the price dumped back again to the price before it was getting pumped. I think that people are being too optimistic with any news that came from elon while it's not always a big news.
that's why i do like how shiba community is better than doge coin. The doge coin is only using the hype from elon while it has no utility and that's quite different with shiba.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: bluebit25 on April 10, 2022, 07:01:30 AM

It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

Elon still wants entitlement and attention in the crypto world that's why he's still trying to tweet statements just to manipulate the Doge coin. He's hyping the coin for his own benefit and he's been doing it to make more money so we should get rid of his tweets and ignore his statements. We've witnessed what he did to Doge before so we should better take that as a lesson.

bluebit25

sr. member

Activity: 1708

Merit: 295

https://bitlist.co

It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: btc78 on April 05, 2022, 03:06:16 AM

but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.

i wouldn't be surprised why its happening right now after all, since that meme coins is for hype only ever since before.
and to be honest it's too hard to believe that elon musk will have an interest to bump such projects for long time because it's very obvious that his goal is to get benefits always from the hype which is not for his followers to become profitable. So it will not last long for sure!

barbara44

hero member

Activity: 2548

Merit: 605

Quote from: ivankoh on April 09, 2022, 09:46:20 AM

I don't think there is any connection to this. In fact, the market is almost going through the optimistic phase, it is almost in the holding, consolidating and starting phase of the next trend… Therefore I don't think this will have any impact, not at all is with the price factors of the coin meme - Doge. Assuming Doge will be integrated and become parallel wings with bitcoin on twitter, that is not a consistency from value

I was going to say the same thing. How is this connected to doge? It was twitter that musk invested not doge coin. Market is ready for a bull run, that's only the reason why we see most coins rise but earlier the market is going back down again.

I don't know what causes it when in fact there are more good news in bitcoin and in cryptos that we heard lately. The price should go up even more for Christ sake but oh well, maybe the effects is just delayed? Maybe we need a few more days or week before the effect starts to kick in. In the meantime, it's still safe to accumulate more coins in preparation for the upcoming big bull run.

nimogsm

hero member

Activity: 2632

Merit: 649

DGbet.fun - Crypto Sportsbook

I think this is another toy for Ilan, I wouldn't take this news seriously, besides, I don't think that doge will grow now just because of this purchase.Doge developers should be engaged in marketing so that there would be a growth of this coin, Elon will not do it all the time.

ivankoh

full member

Activity: 1456

Merit: 120

Buzz App - Spin wheel, farm rewards

I don't think there is any connection to this. In fact, the market is almost going through the optimistic phase, it is almost in the holding, consolidating and starting phase of the next trend… Therefore I don't think this will have any impact, not at all is with the price factors of the coin meme - Doge. Assuming Doge will be integrated and become parallel wings with bitcoin on twitter, that is not a consistency from value

bocyaj

sr. member

Activity: 1313

Merit: 302

The dogecoi developers should look into the marketing strategy.Mainly they need to done a digital marketing by the mean of all the social media.Because now people buying crypto by seeing the posts on Facebook,Twitter,Discord.The maximum pump in the doge coin was occurred in the year of Elon musk had marketing this.Don’t know,he is share holder of that project.

Scripture

full member

Activity: 1303

Merit: 128

Quote from: ?? on ??

It is simply not realistic, pro users know the speculation is at its finest levels on social media. Elon Musk keeps pumping the altcoin bags with meme coins just for fun and we have no power to influence his decisions in this manner. The influencers should stop shilling the meme altcoins with HYPE news and it is simply not possible to 100% integrate meme shitcoins for everyday use as it was promoted on social media.

If there’s a money, influencers will always choose that even if they didn’t know the whole project itself. We all know meme tokens has no real usage here in the market and yet they get pumped simply because of the hype. 10% up is not that significant, don’t make a big deal so you wont trap on the peak price again.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: ?? on ??

It is simply not realistic, pro users know the speculation is at its finest levels on social media. Elon Musk keeps pumping the altcoin bags with meme coins just for fun and we have no power to influence his decisions in this manner. The influencers should stop shilling the meme altcoins with HYPE news and it is simply not possible to 100% integrate meme shitcoins for everyday use as it was promoted on social media.

It is now on the users' hands how they will take such hype or pump from influential people like Musk.
They should know better touching meme coins or tokens by now.
As we don't know the ulterior motive of Musk towards doge or other coins, people are being left with opinions only.
If you want more tangible action, better look for projects with concrete use case and development plans.

mdzahed134

sr. member

Activity: 2226

Merit: 259

DGbet.fun - Crypto Sportsbook

Quote from: StarKay on April 05, 2022, 10:32:06 PM

Quote from: btc78 on April 05, 2022, 03:06:16 AM

but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.

I don't think you are being fair to Elon Musk here, he is just a nice guy buying shares in a social media company that he felt needed a change of course but some crypto enthusiast, in this case Dogecoin lovers, decided to pump their coin to celebrate the news and maybe attract new investors in the process.

First time i heard Elon Musk bought 9% stakes/shares in Twitter then heard now he is a board director but It's ridiculous, how they celebrate where there are no connection with Twitter and Dogecoin. And i'm surprised after i have seen doge coin price in CMC gradually it’s increasing but i think price will be down at any time so new investors can buy at own risk.

kotajikikox

full member

Activity: 2590

Merit: 228

i thought this will continue to progress again as i leave half of my doge in wallet and did not converted in to fiat event here are already ATH last year.

https://coinmarketcap.com/currencies/dogecoin/

considering that it is still 12% growing for the last 7 days? yet this is not enough for my desire because there is much i can get selling last year compared to the price now.

Oceat

sr. member

Activity: 2506

Merit: 368

Quote from: TravelMug on April 07, 2022, 06:49:53 PM

It's obvious that entities behind are again riding on the popularity of Elon and even if it is not related to crypto, his so called called Dogecoin spikes and still continue to pump right now. But then again, we already know that this is just an artificial pump and when the time comes, we might see herds of selling again to take profits from this news.

How long will these people keep believing on him about something like this? I guess they never learn that all of this is just about the profile and nothing else. Look how the market reacted after some pump then dump back again. These people never learn anything about market price manipulation they just continue to follow and reinvesting yet they don't know the risk that one day all of their investment gone for good.

TravelMug

hero member

Activity: 2632

Merit: 833

It's obvious that entities behind are again riding on the popularity of Elon and even if it is not related to crypto, his so called called Dogecoin spikes and still continue to pump right now. But then again, we already know that this is just an artificial pump and when the time comes, we might see herds of selling again to take profits from this news.

jossiel

hero member

Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: asriloni on April 07, 2022, 04:58:39 PM

So what's the correlation between elon was holding some twitter shares to the pump that happened with the doge coin? i see that no correlation in this case. In fact that the shares owned by elon in the twitter company didn't even give any impact to the doge coin or shiba inu. The pump was triggered by the bitcoin pump last weeks but this time it's dumped again and doge coin too.
I see that if this news was just another click bait news with no good information that can be got through reading the whole of article.
Why the doge coin community is always taking everything to be correlated with its coin. This is weird.

Me too.

I don't see the connection on it and the pump wasn't that much and it begins to drop again. I guess the only connection that people can do is about this.

Doge - Elon

Twitter - Elon

Other than that, it's all about Elon and the things that he touches and talks about. A mere coincidence that the pump has happened done by big traders for Dogecoin.

naira

hero member

Activity: 1974

Merit: 586

Free Crypto Faucet in Trustdice

Quote from: Coinshots on April 04, 2022, 10:33:53 AM

Dogecoin’s DOGE tokens spiked 10% on Monday as Tesla (TSLA) CEO Elon Musk was revealed to hold a 9.2% stake in social media company Twitter(TWTR), worth around $2.88 billion.

Doge is coin or token? before saying anything about Doge you should also know the difference between Coins and Tokens themselves. Regardless of the upgrade, I think the holder is still expecting an increase of over 1000x when the bull happens and goes to the top of the queue thinking they want to hit $1 and must have asked Elon to pump. Grin

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

So what's the correlation between elon was holding some twitter shares to the pump that happened with the doge coin? i see that no correlation in this case. In fact that the shares owned by elon in the twitter company didn't even give any impact to the doge coin or shiba inu. The pump was triggered by the bitcoin pump last weeks but this time it's dumped again and doge coin too.
I see that if this news was just another click bait news with no good information that can be got through reading the whole of article.
Why the doge coin community is always taking everything to be correlated with its coin. This is weird.

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: Coinshots on April 04, 2022, 10:33:53 AM

Dogecoin’s DOGE tokens spiked 10% on Monday as Tesla (TSLA) CEO Elon Musk was revealed to hold a 9.2% stake in social media company Twitter(TWTR), worth around $2.88 billion.

The old scheme of DOGE pumping on news involving Ilon Musk continues to work. Apparently people have not learned their lesson well and it is not worth believing at all that Ilon Musk is doing something good for the Dogecoin community. Rather, he is using it for his own personal purposes to promote his products and make his own profit out of it all.

Quote from: Coinshots on April 04, 2022, 10:33:53 AM

Musk has previously lent support to dogecoin development and adoption. Last May, he tweeted that he was working with dogecoin developers to improve system efficiency. That sent dogecoin prices up by 22%.

Yeah, and then he said on a TV show that DOGE should be exchanged for fiat money, because DOGE itself isn't serious and stuff like that. After that, the price slowly dropped from 40 cents to 10-13 cents. This is how Elon Musk speculates on this topic.

Topic: Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter - page 3. (Read 514 times)