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Topic: If Musk doesn't tweet Dogecoin, can it still soar? - page 10. (Read 3150 times)

member
Activity: 1165
Merit: 78
I specifically don't see Dogecoin soar if Elon Musk don't make hype tweet cause the coin seem half die before Elon claimed to be the coin CEO and if Dogecoin want to survive without hype it features need to be change so that people won't see it as just a meme coin.
hero member
Activity: 1148
Merit: 501
From Three Year i see that the Price of Doge coin always was same, hasn’t a big change on Doge. And also we know that not have any Team and Use case of Dogecoin. It is true that Elon Musk always support Dogecoin so full credit of Elon musk.             
member
Activity: 924
Merit: 15
and the answer is very clear, of course not Smiley
doge up to the current price with a pump that craves every pump is definitely new ath it's all thanks to the billionaire himself. others do have contributions but that's only a small part, which makes a very large contribution of course I elon no one else. when he stopped doing his twitt i think doge is back again as a meme and his price could drop drastically Smiley moreover i last saw elon make a negative statement about doge and the result is now doge dropped drastically from the previous price. and when like this a lot of fomo complain about the reduction of their assets in doge and i just laugh seeing it Smiley
sr. member
Activity: 910
Merit: 257
Yes it can soar right down in the hole. This guy must pump Dogecoin for a long time else he will get a lot of hate from the one's losing money and that's not good. A master manipulator if you ask me.
Today when the price went down to almost 0.40$, people keep on tagging Elon to "save them" from misery of losing. I can't imagine how many hate messages will this man get when this price dump continues to go deeper.
Let's see if Elon will tweet in the coming days.
member
Activity: 1274
Merit: 14
In general, the further the more I am surprised by the situation with DOGE. She generally reminds me of a kind of psychosis. There is no need to insert chips into people's heads, as they scare us. Elon Musk, with one tweet, makes people do what they just wouldn't do on the basis of their reasoning. The situation can be said to be frightening. And what will happen tomorrow?
legendary
Activity: 1358
Merit: 1093
Yes it can soar right down in the hole. This guy must pump Dogecoin for a long time else he will get a lot of hate from the one's losing money and that's not good. A master manipulator if you ask me.
member
Activity: 447
Merit: 11
Koinomo
elon musk made people buy blindly and had an unreasonable rise until now if elon musk didn't tweet about DOGE, I'm pretty sure it wouldn't cost more than 100 satosi.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
News and volatility affects market volume(capitalisation) so greatly. Elon musk tweets and stakes added to the spike that occured in doge coin which triggered other investors from all over the world to invest in the meme coin. Regardless of the project behind the coin onces it has a big company or reputable support from influential personalities it creates room for higher market cap causing a drastic inflation
full member
Activity: 874
Merit: 125
The firs unnatural hike in price of dogecoin started from a tik tok influencer. So, it doesn't have to be Musk to make it soar just someone whom people follow blindly. Elon Musk though a bit crazy and making efforts to act against the established principles, has a much higher intellect than any other infuencer. He's recently been warning about investment in Dogecoin at the moment and everyone should consider it.
jr. member
Activity: 1141
Merit: 1
If Musk would not behind Dogecoin then Dogecoin will be at its original place and not increased many xs. It would be less than 100 satoshi.Its totally hyped coin and be dump after leaving Musk'hand.
full member
Activity: 854
Merit: 109
Trident Protocol | Simple «buy-hold-earn» system!
Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shiba, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?

I think absolutely not. There is no quality in the project. I can't see the future. Such coins can only rise with the speculation of billionaires like Elon. Therefore, dogecoin will not last long. But I can say that it has become clear that it will reach 1 dollar.
sr. member
Activity: 1106
Merit: 310
Elon has some part of the pump of the coin but, it's the community who just fuel the pump, every time musk says something about dog everyone makes speculation like its cryptic its means dogecoin, and they spread it with videos, pictures that Elon 100% say the word, some videos also fake like the last time I saw Elon with a hanky in the face, which I think is just a look a like not Elon himself.
The negative side of this is people who just came to crypto thought that it's a good sign, what happens is that they bought the coin at a high price, when it goes down, they are the casualties since they need to sell it since they don't have the experience to cover the loses.
sr. member
Activity: 1330
Merit: 256
Without Elon  Musk Doge is shit coin and never can touch higher price like now, I think keep lower price without tweet by Elon musk. Maybe Doge coin never have moment forbreak out without support from Elon Musk, most special Elon Musk never give chance for the other coin to tweet and only believe with Doge coin.
hero member
Activity: 1540
Merit: 507
Once upon a time, dogecoin was not very popular because of its inferior use to other altcoins, so it didn't even occur to people to invest in Dogecoin, but when elon musk tweeted about Dogecoin, this had a huge impact on Dogecoin, Dogecoin which was initially neglected, is now becoming major influence for the crypto market

One upon a time this coin does'nt stop to rise. Is it really Musk who contributes to this unprecedented rise? I don't know anymore, it is just unbelievable how this coin is going up. It seems to be a community effort that required for others to pay respect. This is what a community can do.
The pump was indeed caused by community but also strongly motivated by elon's behaviour towards doge coin, what do you think the reason that makes people believe its gonna go as far as $1? elon.
It's like the whole doge market is actually put their attention to elon despite elon himself doesn't even bother putting some money into it. Maybe the community think with elon the coin could get significant increase in exposure that cause them feel bullish.
but if that's the only reason, i'm pretty sure the market isn't gonna solid in the future.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shiba, HOGE, who will be the next Dogecoin?


Elon musk support of Dogecoin comes at the right time there are new people coming in looking for new coins to invest and because Elon is very popular, new investors come to support Elon, it's a domino effect people comes in to invest because they see the profit that people are going to make, there's still risk if the time comes when Elon dumps his Dogecoin shares.
full member
Activity: 368
Merit: 101
I guess it Elon Musk doesn't tweet and shill dogecoin, it will definitely be at its stable price of around 0.05 to at most 0.01 because fundamentally dogecoin doesn't have any usecase it was just created as a meme coin.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
dogecoin have its own use and not exactly useless but it's true that if compared to other coin doge is just really lacking and seems greatly overhyped. Though, isn't social media influence always have big influence? it's not only happening in crypto market but various other markets as well like stocks, automobile, etc basically  the people who could pursue people into following their idea being called influencer for a reason. Though I do agree, if people ready to make profit from doge pump and dump scheme they should also ready to get their capital busted into dust which honestly isn't gonna happen as long as elon keep shilling it.

Doge doesn't have any unique usage. It's only use is for making payments and purchases. And for this purpose we have much better alternatives available in the cryptocurrency market. And Dogecoin is going up just because of the hype surrounding it and due to price manipulation, and not due to any real increase in adoption or acceptability in the cryptocurrency sector. Right now we are in a "pump" phase for Dogecoin. I am waiting for the "dump" to occur. And there is going to be a bloodbath once that happens. 
hero member
Activity: 2366
Merit: 504
All this hype around Dogecoin is just a way to show how parasitic influence social networks have. By itself, Dogecoin is useless, it is something that is a disgrace to the crypto world. By the way, like many other coins, which I will not mention here. So I can tell people reading this post to be careful about this coin  Wink.
dogecoin have its own use and not exactly useless but it's true that if compared to other coin doge is just really lacking and seems greatly overhyped. Though, isn't social media influence always have big influence? it's not only happening in crypto market but various other markets as well like stocks, automobile, etc basically  the people who could pursue people into following their idea being called influencer for a reason. Though I do agree, if people ready to make profit from doge pump and dump scheme they should also ready to get their capital busted into dust which honestly isn't gonna happen as long as elon keep shilling it.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Well, I think that the excitement in Dogecoin was sparked by Elon Musk. maybe Elon Musk did not directly provide information about what he was going to do with Dogecoin. however, I think that was the main driver that made the Dogecoin price what it is today. if Elon Musk had not tweeted about it, I don't think the price would be as high as it is today.

Of course. Elon Musk is the one behind DOGE's massive pump. People are foolish enough to follow another person's opinion instead of doing their own research about it. You and I know that Dogecoin is a "joke" cryptocurrency with no future ahead of it. Developers designed it to be that way intentionally just for fun. It's no wonder why DOGE has a huge inflation rate with a vast number of coins in circulation. According to the rules of supply and demand, Dogecoin should become worthless in the long run. In other words, Dogecoin's current price is NOT sustainable. It'll be all over once Elon Musk gets bored of Dogecoin and begins shilling another cryptocurrency like Bitcoin or Ethereum. Those who bought DOGE now, will regret themselves in the long run once everything goes down the drain at a fast pace.

Nonetheless, no one knows what will happen in the future. Everything is a mystery in crypto land these days. I'd be surprised if DOGE hits $1 between the end of 2021 and the beginning of 2022. It'll be a great opportunity for holders to profit in the short term. But don't expect its price to last for long because of the aforementioned reasons. There are far better cryptocurrencies out there on the market which are scarcer, faster, and actively-developed than Dogecoin itself. Just my thoughts Grin
legendary
Activity: 2884
Merit: 1117
I think there is a possibility that it would not soar as high as it is right now because Elon Musk advertisement of Dogecoin has clearly influenced a lot of investors. Just like what he did with bitcoin, as he bought a huge amount of it, the value spiked up and many people started investing on it once again. He is a huge personality who is capable of controlling not only the price of any coin he choses but also the decision making of the crypto enthusiasts who clearly believe in him. It wouldn't be a surprise if ever he can make Dogecoin become more successful in the future so watch out for it and start investing if you think it would make it to the top someday.
Well dogecoin is already at the big table now. A coin that wasn't even in the top 20 a year ago I think, is now the fourth biggest coin. I know it makes no sense to me neither but they managed to buy it and hype it to this level.

I think without Elon it could still succeed but it would be harder, it would have a chance to go down even more without Elon and would be very fragile. However there is still a huge chance it could go down very fast even with Elon tweeting about it, it would be a harder situation than not tweeting one but it is still possible that it could go down. This is why I think it should be obvious to anyone who thinks that it is a good investment that Elon is a helper, he makes it easier, but he is not the only thing, its easier with him and harder without him and nobody can deny that its %100 fact but he is not the whole thing.
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