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Topic: If Musk doesn't tweet Dogecoin, can it still soar? - page 2. (Read 3097 times)

member
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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?

In my opinion, if Elon Musk doesn't make a tweert then the price of Dogecoin will also increase like some time ago and now it is still quite expensive. because now is an altcoin session so all the community will be focused on the old altcoins like Doge, LTC, TRX, XRP. and several other altcoins that have experienced a pump. so the price of Dogecoin is not affected by elon's tweet.
sr. member
Activity: 980
Merit: 255
HALA MADRID
I think even if musk doesn't tweet, dogecoin will still go up maybe this is just my feeling but the market was in a good state when musk did that so the biggest effect came from the market itself and musk's tweets were just an add-on.
maybe he is but We all know that when Elon tweeted positive about Doge, at that time, Doge just pumped and we see now when he stopped tweeting about Doge, and the price of Doge still no pump. Perhaps one of the factors behind Doge's upgrade was Elon's tweets.
Elon's influence to doge is really huge, he is also the reason why doge coin could be priced this high while initially the price wasn't this high.
and I think the next pump of doge could only happen if elon decide to tweet about doge again and making the market become hot again.
Otherwise i don't think there will be any pump anymore for doge since as you know doge and shib heavily influenced by elon.
Elon success influence doge coin pump almost close with $1 but behind this crazy pump price now many people loss much money on doge coin because they panic buy during doge coin touch 0.9$, now they have waiting for very long time see will Doge coin back higher price or down drastically and you need to cut loss, forget with doge coin and lets see other chance on bigger coin exactly with bitcoin.
legendary
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I think even if musk doesn't tweet, dogecoin will still go up maybe this is just my feeling but the market was in a good state when musk did that so the biggest effect came from the market itself and musk's tweets were just an add-on.
maybe he is but We all know that when Elon tweeted positive about Doge, at that time, Doge just pumped and we see now when he stopped tweeting about Doge, and the price of Doge still no pump. Perhaps one of the factors behind Doge's upgrade was Elon's tweets.
Elon's influence to doge is really huge, he is also the reason why doge coin could be priced this high while initially the price wasn't this high.
and I think the next pump of doge could only happen if elon decide to tweet about doge again and making the market become hot again.
Otherwise i don't think there will be any pump anymore for doge since as you know doge and shib heavily influenced by elon.
jr. member
Activity: 62
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I believe that no matter which meme coin the whale (influential person) recommends, it will soar because they have fans. When they post a tweet, their fans will buy it, causing the price to rise, so other people will watch it. When the price rises, the purchase will follow. As people buy, the popularity of the coin rises,
So I think whatever coin is pushed by Musk or other influential people will rise, because they do not represent a simple investor, and there are many whales who always pay attention to the market.
sr. member
Activity: 826
Merit: 263
Without Elon Musk doge coin is nothing and impossible raise almost $1 last three months
It is true, Dogecoin won't have a high price as today if no Elon's tweets. This coin is very lucky to have people's attention after Elon Musk created some tweets talking about Doge. Now, since there are already many people who realize this coin price seems no longer power to increase, they started to leave Dogecoin.

I think better to stop for investing in dogecoin and less chance to see again back to higher price, Elon Musk era have ended
Yes, it is time to leave Dogecoin. The power of Elon's tweets is no longer effective, looks decreasing much. It will be too risky if we want to buy Dogecoin and hold it for a long time. There are many other coins that are more promising than Dogecoin. I agree if meme coins and Elon's tweets era ended alreday. 
full member
Activity: 434
Merit: 101
I think even if musk doesn't tweet, dogecoin will still go up maybe this is just my feeling but the market was in a good state when musk did that so the biggest effect came from the market itself and musk's tweets were just an add-on.
maybe he is but We all know that when Elon tweeted positive about Doge, at that time, Doge just pumped and we see now when he stopped tweeting about Doge, and the price of Doge still no pump. Perhaps one of the factors behind Doge's upgrade was Elon's tweets.
sr. member
Activity: 2394
Merit: 267
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I think even if musk doesn't tweet, dogecoin will still go up maybe this is just my feeling but the market was in a good state when musk did that so the biggest effect came from the market itself and musk's tweets were just an add-on.
maybe yes or no, that what you say dogecoin should indeed increase. but all say that what @elonmusk said was very influential with the increase in dogecoin, but to me there is no benefit whatsoever from tweeting by someone like him, who just wants to take advantage of the confusion of many people who are misinformed. don't get used to it and let people like them deceive by creating a lot of fake things.
sr. member
Activity: 980
Merit: 255
HALA MADRID
I think even if musk doesn't tweet, dogecoin will still go up maybe this is just my feeling but the market was in a good state when musk did that so the biggest effect came from the market itself and musk's tweets were just an add-on.
Without Elon Musk doge coin is nothing and impossible raise almost $1 last three months, but now the popular of Elon Musk have gone and almost his tweet not any effect for doge coin will raise up or not. I think better to stop for investing in dogecoin and less chance to see again back to higher price, Elon Musk era have ended and need looking for new people to make coin price up.
hero member
Activity: 1344
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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?
It is impossible for Dogecoin not to have a team so that it can compete in the market. If it's true that Dogecoin doesn't have a team, then I just found out now. However, I think that Dogecoin has a team, one of which is Musk.
Elon Musk also wouldn't be famous for Dogecoin without someone promoting his Tweets. It's all structured.
hero member
Activity: 2352
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i think elon is not alone behind this scenes cause Whales like elon mask, mcAfee & others use their popularity and fame to manipulate market and huge impact we had seen on doge. people won't forget what mask had done to them! i dont think doge holders would like to hodl long & wait bounce back of doge, cause there is no hope as sunset of doge is already began

You have a point but when we are saying that elon is pumping/dumping the coin this is means he is very influential because of his supporters, we could say that his supporters are also one of doing it since they are following what elon is saying and then big companies or people are also doing this . A very popular and very rich person could really affect the price.
legendary
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Hope you already got to know that, doge was nothing but a game played by elon mask. Now you can see the doge position in market. It is going down consistently cause elon comes in top crypto influencer and he is the one one who was behind the doge pump. I haven’t seen him tweeting about doge so long maybe he sold his share and let doge alone in crypto market. Thats why doge is returning its previous position

It seems that Elon Musk stopped tweeting about DOGE. As a result, prices have stalled on the market showing no indication of a pump anytime soon. Of course, Dogecoin is valued at more than 1 cent (USD) per coin. Somehow, the "meme" cryptocurrency has retained the $0.20 mark, after decreased interest from people in the mainstream world. I wouldn't worry about this, since Dogecoin was never meant to be taken as a serious investment. Bitcoin, Ethereum, and Litecoin are far better alternatives with a solid foundation built upon them. As long as DOGE remains an inflationary cryptocurrency, it won't be going anywhere. Active development and innovation are necessary to keep the project afloat. Expect to see many losses as DOGE goes down the drain faster than you could've ever imagined. Just my opinion Smiley
sr. member
Activity: 854
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what is certain is that as long as there are still many supporters when he tweets anything, his supporters will definitely be followed and it is possible that this will work even though he has to do it extra and his supporters must be prepared to experience similar events like a few months ago. apart from that I don't really care with this if he wants it then go ahead and if not then it doesn't really matter to me because I have my own calculations and not too hype with the fuss he makes even though it is still using it for my personal gain
member
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elon mask first buy doge and then tweet about doge to draw people concentration so that people invest in doge and he can be profitable by selling his share!! On the contrary, after elon"s tweet, people thinks elon is going to buy doge, so doge price will be moon! So people madly start buying doge and full their bug! Thus its work! If no tweet by elon mask, then no hype will be happened and nobody is going to buy doge. I guess this is the reason why doge is decreasing its worth
member
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No way Doge is just a meme coin. Niw i think Elon tweet also no big effect on Doge price.  There is no purpose or use case for doge. A crypto with value all based off speculation. Doge is not the worst option in crypto but definitely one of many of the scams in crypto. Elon musk does not care about what happens with doge and everyone money. It’s just more money in the market cap. Which long term helps bitcoins growth. And does absolutely nothing for doge community . I highly recommend to do your research when it comes to pump and dump coins which is what doge is ?
member
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Quote
If Musk doesn't tweet Dogecoin, can it still soar?
You should understand that Dogecoin doesn't fully depend on Elon Musk. But we cannot deny that Elon Musk makes Dogecoin value growing extraordinary. However, in my understanding, although without Elon Musk, Dogecoin has a chance to soar. Depends on the demand on the market, it can be caused by the hype made by Elon's tweets or another factor else. For example, if there is a rumor that Dogecoin will be adopted by a company or another public figure/popular person announced that he bought Dogecoin.

copper member
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A coin will only grow when the team starts on a good ground or when the coin is built on a good use cases. Doge coin was a coin which as neglected but when attention and recognition came to it, it was on the ground of hype and tweets which saw it pumping, and when the hype drops it stops growing, and when it comes up again, it continues pumping wherein others will earn and others will lose. So that is to say, if the hype and tweets stops, Doge will left be alone and might continue dropping in price because there is nothing to retain the price and nothing to make it more attractive to investors.
From what I have seen in Doge coin for a while now, it is more of a pump and dump coin, he tweets it pumps and people rushes to buy and sell, then he stops tweeting and the price keeps going down. Therefore, anyone following the tweets should know when to sell.
full member
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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 do think doge coin have their own way to make it success, First its old coins and people use it to transfer money and its cheaper than using ETH and BTC. I do think dogecoin could soar with bitcoin. If you looking the next doge coin i do think it will end up hurt cause its just pump dump scheme that people doing to gain fast money, so be careful
full member
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i think elon is not alone behind this scenes cause Whales like elon mask, mcAfee & others use their popularity and fame to manipulate market and huge impact we had seen on doge. people won't forget what mask had done to them! i dont think doge holders would like to hodl long & wait bounce back of doge, cause there is no hope as sunset of doge is already began
member
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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?

yes it's because of Elon musk. without its influence Doge will not be pumped. see today, after elon stopped talking about doge, the price of this coin stopped rising and slowly returned to where it should be. without his influence there would be no coin meme hype. and there will be no next doge, because it's over.
legendary
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Not sure if doge will still gain its value without elon on the side.
If he will stop tweeting it or no indication that they are doing some kind of development, I believe, the price will drop slowly.
And the problem here is, we don't know his plans towards doge or if ever he has plans in terms of development.
We are just merely relying on his tweets, which is not a very sustainable approach on this matter.

DOGE is nothing without Elon Musk at its side. The moment Musk stops tweeting about Dogecoin, will be the moment when it'll go down the drain. Everything's based on pure hype than anything else. There's still no development or innovation on the project whatsoever. People are foolish enough to invest into something based on a person's opinion (instead of doing their own research about the project). They'll become "rekt" in no time once DOGE heads back to less than a cent (in USD). There are far better cryptocurrencies on the market with active development and innovation. Only time will tell us whenever DOGE will sustain its price long-term, or simply fade into oblivion like the rest of the useless altcoins on the market. Just my opinion Smiley
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