Topic: If Musk doesn't tweet Dogecoin, can it still soar? - page 13. (Read 3150 times)

It really was and Elon knew it and just chosen to pump this coin. He had made himself popular to be a supporter of this coin and knowing that he's known worldwide, every single guy that trusts this businessman will also be confident of buying.
And there goes the community belief that made Dogecoin rose, I believe that he did a big part.

before elon musk tweeted a meme about doge i didn't know what doge was, i thought it was just shitcoin, but through his tweet elon easily jacked the doge price up and now most people are looking to doge for investment.  and now big investors are also eyeing doge.

Without those Elon Musk meme tweet dogecoin won't be where it is today, so it's a "NO" dogecoin price won't pump without tweets from Elon Musk, dogecoin owe everything to Elon Musk for  a very good marketing cause I can remember when dogecoin was treated as a shit coin back then, it was stuck at just 28 Sat's but today it's worth more than 10cents,due to Elon Musk marketing strategy ,its a free one though.

Elon knows the right timing, he would not shill Dogecoin if the market is not at the bullish trend, we don't know if he is really holding DOGE or just using DOGE to increase his holding on bitcoin and ETH.. These billionaires will hold the strongest coin in the market and without a doubt bitcoin is the strongest with a strong potential in the future.

In short, DOGE is just a vehicle to increase his btc stash, soon it will dump.

Dogecoin is succeeding because of Mr. Musk's shilling across social media. It'll be all over once he gets bored of DOGE and moves on to the next big thing in crypto. People are only pumping the "meme" coin because of Elon Musk's opinion about it. Once he shills another coin, expect DOGE to go below $0.01 on the market. Believe me, there is only one unique Dogecoin. And that one goes under the ticker "DOGE". The other projects are simply clones with the aim of filling developers' pockets with money in the least time possible. Newcomers into crypto will fall into the scheme due to greed. It's amazing how someone can manipulate a coin's price by posting positive comments about it on Twitter. Mark Cuban is doing the same as Elon Musk, praising Dogecoin in every way. Only a fool will invest into Dogecoin when prices are going all the way to the moon.

All in all, time will tell us whenever Dogecoin will retain its value in the long run, or fade into oblivion. It doesn't matter who shills DOGE, but rather the fundamentals of the underlying cryptocurrency. Dogecoin may be popular in the mainstream world, but it lacks development and innovation. With better coins out there on the market, I don't see Dogecoin having a future anytime soon. The current trend may only be temporary as people move on to the next big thing in crypto. Just my thoughts

every Tweet from Elon Musk is like a Green Light to boost Popularity and Price. the same as Bitcoin before. In my opinion, when Elon Musk flicks about Doge people like the Great Pope take the opportunity and the people are tricked into causing a very high jump in prices. this is insane!

If no celebrity tweets about Doge again, it will pull back and become as worthless as it is in practical terms. This is the power of hype and fomo and there is nothing beyond that for Dogecoin.
Musk made some Dogecoin whales very wealthy, they sold and made billions from it and perhaps Musk now can call them and have tea or a drink together and discuss Doge memes and how to keep their pump and dumps on.

I guess no, it might pump but due to the bull run sentiment but not this high.

That's why I consider DOGE as an overvalued coin right now and that is due to the hype, Elon has a lot of followers, big influencer so it's just normal to see this kind of FOMO from these people who doesn't really understand about the future of DOGE, all they see is the moon thing and then they follow blindly.

Yeah and people are trusting this coin has value that's why its rising exponentially. Elon is the one responsible for giving this coin a chance to have that kind of market cap which is insanely good.

No. I'm pretty sure this doge's rise is due to elon musk's tweets. if he didn't tweet about doge surely the increase that happened would not be what it is today. this is really crazy within 1 year doge rose quite fantastic because of sentiment from elon musk. plus the market is currently in a bullish state. but elon musk has also been in controversy because he previously tweeted that doge was already expensive

In the past, there was only Bitcoin not until 2013 when Vitalik proposed what is Ethereum right now and right after that there are other coin joining into the crypto.
It is almost the same as DOGE right now. With DOGE becoming popular, other coins that are indirectly related to it like these coins that is somewhat related to dogs are being created and worst there are some investors of it . Well if it is just for a short term profit then good.

People can create any token they want that has a name of a dog but DOGE is unique because there is only one DOGE . Now regarding Musk, the more he tweets the more it becomes dangerous TBH especially for those who are risking some money into it. Lets take it, there are some newbie investors out there who are falling into the hype of Musk regarding Dogecoin and every tweet of him will make it soar. After it will soar, many holders will sell it causing it to dump. Remember that there are some DOGE addresses out there who are holding a huge percentage of the total supply of DOGE and they can dump it anytime they want to .

But to be fair most of cryptocurrencies that already circulating in market doesn't get judged from the technology perspective or any innovation the bring to the community, there are fairly many other coins that technologically speaking surpass that of bitcoin (knowing it's the first cryptocurrency like ever which is normal) and any other coins that comes recently after bitcoin's first emergence. But in the case of doge, it's quite true that doge as a coin, isn't really that special compared to other, but it's good its market capital rising from the market which have so many speculators. I personally think doge is the $GME of crypto market, the price comes purely from hype.

But how about this scenario. Let us just say that this constant push on DOGE will continue for a few more months. Let's just say that Elon has been tweeting always about DOGE on his social media pages, and so constant that people got fed up with the bombardment. What if there will be at that time more losers than winners in trading of DOGE that they don't really care about his tweets anymore and there will no longer be a hype? Now that is one thing we need to consider as well.

Agreed, So many people in the world know doge coin from elon's tweet. Elon has more than 52 million followers on twitter and imagines a few million were going to the doge as the Impact from the tweet created by elon. that's a huge dude. A lot of people have been talking about doge coin since last year even some believe the next gold.
Elon has been giving massive exposure to the doge and crypto.

For now, I don't think Elon is stopping to promote this coin. But til then, holders should make sure to get profit out of it before he got tired of tweeting about this coin. Remember, his support is not forever. Sooner or later, he will find another interesting coin to support with. And no one knows for sure which one. Just be safe also with your investments on this coin. Unless, the doge team will find a very good use case that can sustain the interest of crypto users.

I don't know why we're becoming part of the hype announcement. We got so many hype altcoins news during every bullrun of cryptocurrency. Almost 53 times pumped, which price isn't possible without the "Elon Musk" tweet. Dogecoin prices could overcome 10 times profit without "Elon Musk" tweets. I'm sure any billions if they tweet about good volume altcoins, the price must be noticable high.

Without this hype, DOGE will remain as a meme but since Elon changes the perspective of many investors with regards to DOGE, it was able to land on the top and until now the hype is there and Elon keeps on hyping DOGE.

If you’re a scalpers or short term trader, you can make a lot of money with DOGE if you follow the trend, its pump and dump trend good enough to make money. I’m sure traders are working hard already with DOGE, keep monitoring.

Well, the supply of Doge made it on the top list. Even if it was still cheap, before all the hype and even before the start of the bull market, it was always one of the top in terms of marketcap because of its very huge supply. So, I can't totally agree that it was successful before this Elon thing, because most people don't take Doge seriously before.

its pure speculation from investors due elon must tweet. they think elon invest in dogecoin . if we compare between dogecoin and other alt that have better technology and utility looks its irrational at all. but everything could happen in cryptomarket and doge coin prove it now. with a single tweet market move crazy.

Elon Musk and his tweets have a huge role in the rise of Doge Coin. We can say that until this time, the doge coin was known so much, thanks to Elon Musk. If he doesn't keep on tweeting and explaining his doge coin, the doge coin will hardly rise. I guess people invested because they trust elon musk.