What did cause a massive pump for dogecoin? - page 2.

justdimin

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Quote from: TheClownSong on April 28, 2022, 11:40:37 PM

doge coin now be one of cryptocurrency assets in his bag, and he will doing alot to increase its price. as he said before ,doge coin more accepted as mass currency than bitcoin. moreover now elon musk buying twitter, it could be next strategy about his seriousness pumping doge coin price. rumor that speaded in market twitter will accept doge in their payment system , when it realized hard pump could not avoided.

The fact that people who shill just because they are holding some bags is the worst type of advice that could be given. I am not saying that you can't shill your bags, but at the very least you shouldn't be considered a good judge of coins if you do. This is why I believe that we should focus on people who are about to invest a lot more instead of people who already invested.

Because, people who are about to invest into something knows (or should know) everything about a project and they could give up and not invest if you give them a good reason, meaning if they convince you then it's great project, if you convince them then it's bad.

tvplus006

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Quote from: dhru9 on April 25, 2022, 03:51:05 PM

...Anyway for me I think to join Doge is only 0.16$
Today is 4/25/2022...

Today is 4/29/2022 and the price of Doge is $0.1377. And this means that today you could buy 16% more Doge coins for the same money than 4 days on. If Elon Musk does not make an important statement about his vision for the development of Doge, then the price will continue to move after bitcoin.

Kelvinid

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Quote from: dhru9 on April 25, 2022, 03:51:05 PM

We all can see that today Doge Is up more than any other top in he top 100.
What cause this massive pump. Did you have some nice gains?
Anyway for me I think to join Doge is only 0.16$ (all time high was 0.73$) And it's backup by Elon Musk.

If this is because of the transfer of Twitter's ownership then we could say that it was because of Elon Musk but still ain't proven yet.
Well, I could also presume this gonna happen as Dogecoin has been backup by this influential person on earth. But for now, speculations arise and they blame EM for this.

But the question is how long this will stay, or just we put our money at risk. I won't literally consider this a good time to buy if I invest Dogecoins, I don't ride the hype as this seems a trap.

Kasabus

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Quote from: livingfree on April 25, 2022, 04:39:23 PM

Related to Elon Musk again about his purchase with Twitter.

But the main thing that I can see to this is about bitcoin's pump today. We all knew that whenever bitcoin gets a pump, the other alts are also going up with him.

That's why I'm not surprised if Dogecoin and other altcoins are making a gain whenever bitcoin is making a gain too.

I'm not surprised either because Elon is the founder of Dogecoin, so might as well its one of his plans to hype dogecoin and so with other meme coins. However, the recent news also give positive effects on bitcoin and the whole crypto market. So as always the case, when bitcoin is surging, it will also create significant price increase on the crypto coins in the market.

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Quote from: dhru9 on April 25, 2022, 03:51:05 PM

We all can see that today Doge Is up more than any other top in he top 100.
What cause this massive pump. Did you have some nice gains?
Anyway for me I think to join Doge is only 0.16$ (all time high was 0.73$) And it's backup by Elon Musk.

Today is 4/25/2022
Dogecoin marketcap up by 22%

The best theory in this regard is, because Elon Musk bought twitter, and many people are speculating that Doge will be the official coin for twitter. this will push doge into a very useful coin for crypto users or even people who don't use crypto, but use twitter. however, this will probably make dogecoin more than just a memecoin anymore. however, this is still speculation. people sometimes buy issues, and make doge prices higher.

TheClownSong

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Quote from: andyou1234 on April 28, 2022, 12:54:55 PM

I was surprised by the increase experienced by Dogecoin recently, but surely this pump has something to do with Elon Must, some time ago I saw Elon's tweet that he would continue to hold some coins for invested, maybe one of them still chooses doge coin.

doge coin now be one of cryptocurrency assets in his bag, and he will doing alot to increase its price. as he said before ,doge coin more accepted as mass currency than bitcoin. moreover now elon musk buying twitter, it could be next strategy about his seriousness pumping doge coin price. rumor that speaded in market twitter will accept doge in their payment system , when it realized hard pump could not avoided.

adzino

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Elon buying twitter caused the massive pump for dogecoin. People speculated that Elon will do something with dogecoin and twitter. They all bought it, and the price went up. Others that were holding doge for quite a while was waiting for this opportunity to dump their coins and take all their profit. The price went down already. I believe Dogecoin is going to be very volatile for the next few months. But I am quite sure it will go up when Elon does mention something about crypto currencies. Twitter was already experimenting tipping users with crypto currencies. Dogecoin was initially used for tipping users in different community forum.

dothebeats

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It's not a spectacular pump though, and perhaps it's just a normal market movement after all. Perhaps people are trying to relate it to Elon Musk buying Twitter and all that, but it could be anything, really. Lately, doge has been stagnant, and every time Elon does something that shocks everyone, the price of dogecoin follows. Maybe it's just that, given that he played with doge a lot of times and helped pump it to insane heights since 2021.

Jocuserious

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In fact, the only reason for the dogecoin hype was Elon Musk. Simply think newbie or old every investors now clear dogecoin long trem and they will never gone to scam. I was surprised because in 2017 i rejected dogecoin in my mind and then i was solding all dogecoin. However i would like to say that in the future dogecoin will give some good gifts to all investor even without me.

andyou1234

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I was surprised by the increase experienced by Dogecoin recently, but surely this pump has something to do with Elon Must, some time ago I saw Elon's tweet that he would continue to hold some coins for invested, maybe one of them still chooses doge coin.

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Quote from: Johnyz on April 27, 2022, 04:25:09 PM

Didn’t see any new tweet about DOGE though but surely, that pump was because of the news that Elon bought twitter and most probably it will continue to pump the moment Elon starts to hype DOGE again. Be careful because this can be a trap again, don’t just buy because of that hype try to analyze first. There’s no big updates with DOGE and hard to tell the reason of that increase.

I'm sure Elon Musk has an important role for Dogecoin to strengthen, because basically Dogecoin before Elon Musk often made tweets on Twitter, it wasn't really taken into account, although there were other influences that might coincide with the hype, but the most influential I think Elon Musk, we always invest Careful and analysis is needed to get started

Quote from: rahmad2nd on April 27, 2022, 05:04:12 PM

Trough Elon Musk still most most influential person I think he can manage Doge coin price pump drastically and looking many investor want to buy Doge coin, last day he made another surprise thing after success make company stock in my country drastically up more than 10% after he only show product only, he most influential with Elon Musk can make anything change drastically when become the advertiser, I think looks crazy he can did anything how to make price pump suddenly but lately will drop drastically but still have magic to make price pump.

That's how influencers work, moreover he has his own stake in increasing the popularity of Dogecoin, which in the end he showed people, that real power is when he wants to do something, especially when it comes to investing that involves many people and I believe Elon Musk has an important role in this. dogecoin upgrade

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Quote from: Silberman on April 26, 2022, 01:22:07 PM

It is obvious that this is because Elon bought twitter, as we know Elon has an interest in both bitcoin and dogecoin, so people are speculating that Elon is going to allow dogecoin to be used directly on the platform, if true then without a doubt it will bring a massive boost to dogecoin, however you need to be careful as this is not confirmed yet and if Elon were to deny this possibility then it is obvious the price of dogecoin will crash overnight.

If Elon Musk starts integrating DOGE into Twitter, the cryptocurrency's price will skyrocket at a very fast pace. How sustainable prices will be will greatly depend on mainstream demand. Maybe DOGE will reach $1 within a brief period of time? What matters is not the price per coin but rather its usefulness. I wouldn't say it's convenient to invest into Dogecoin for the long-term because of the way it was designed. Development progress is practically abandoned, while the coin's supply is infinitely expanding.

With these downsides, Dogecoin only serves as digital cash than a solid investment like Bitcoin or Ethereum. Elon Musk is known to bring a lot of mainstream attention, so the Twitter buyout was expected to have a positive effect over DOGE's price. As long as Dogecoin's decentralization is not affected, nothing else matters. Just my opinion

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Quote from: mumang siat on April 27, 2022, 03:48:46 PM

Quote from: worle1bm on April 26, 2022, 11:56:18 PM

The only influence of doge rising i see is related to Elon actions like recently his Twitter deal made doge jump approximately 22% as many beleive he will add it to the social platform like tipping system or any other way.He has been continuously making such tweets and making profits out of it and once again the pump are back in doge after his Twitter takeover.Rest there is no big support for this coin.

Statistically it is true that Elon Musk has a bigger role in increasing Dogecoin, despite the many objections made by people saying it's not because of Elon Musk's factor Dogecoin is moving at the highest price, when he tweeted, Dogecoin immediately rose to the highest price , an influencer like him does have a big influence in making things even more confusing

Trough Elon Musk still most most influential person I think he can manage Doge coin price pump drastically and looking many investor want to buy Doge coin, last day he made another surprise thing after success make company stock in my country drastically up more than 10% after he only show product only, he most influential with Elon Musk can make anything change drastically when become the advertiser, I think looks crazy he can did anything how to make price pump suddenly but lately will drop drastically but still have magic to make price pump.

Johnyz

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Quote from: mumang siat on April 27, 2022, 03:48:46 PM

Quote from: worle1bm on April 26, 2022, 11:56:18 PM

The only influence of doge rising i see is related to Elon actions like recently his Twitter deal made doge jump approximately 22% as many beleive he will add it to the social platform like tipping system or any other way.He has been continuously making such tweets and making profits out of it and once again the pump are back in doge after his Twitter takeover.Rest there is no big support for this coin.

Statistically it is true that Elon Musk has a bigger role in increasing Dogecoin, despite the many objections made by people saying it's not because of Elon Musk's factor Dogecoin is moving at the highest price, when he tweeted, Dogecoin immediately rose to the highest price , an influencer like him does have a big influence in making things even more confusing

Didn’t see any new tweet about DOGE though but surely, that pump was because of the news that Elon bought twitter and most probably it will continue to pump the moment Elon starts to hype DOGE again. Be careful because this can be a trap again, don’t just buy because of that hype try to analyze first. There’s no big updates with DOGE and hard to tell the reason of that increase.

mumang siat

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Quote from: worle1bm on April 26, 2022, 11:56:18 PM

The only influence of doge rising i see is related to Elon actions like recently his Twitter deal made doge jump approximately 22% as many beleive he will add it to the social platform like tipping system or any other way.He has been continuously making such tweets and making profits out of it and once again the pump are back in doge after his Twitter takeover.Rest there is no big support for this coin.

Statistically it is true that Elon Musk has a bigger role in increasing Dogecoin, despite the many objections made by people saying it's not because of Elon Musk's factor Dogecoin is moving at the highest price, when he tweeted, Dogecoin immediately rose to the highest price , an influencer like him does have a big influence in making things even more confusing

ayi nora

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Quote from: dhru9 on April 25, 2022, 03:51:05 PM

We all can see that today Doge Is up more than any other top in he top 100.
What cause this massive pump. Did you have some nice gains?
Anyway for me I think to join Doge is only 0.16$ (all time high was 0.73$) And it's backup by Elon Musk.

Today is 4/25/2022
Dogecoin marketcap up by 22%

I think Doge had an attractive price for me, bought it and held the sale for a while, and waited for the price to be right, along with Elon Musk's influence on Dogecoin's body, what a huge influence he has, in terms of popularity and his art of profiting, I've been around for a long time. being a part of dogecoin's success, I think it's time to invest, waiting for the magic price.

Lordhermes

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The richest man in the universe presently, Elon Musk, is behind the massive pump of Dogecoin. He is one trending everywhere on all social media platforms. Elon Musk bought Twitter recently for $44 Billion dollars. It was sold by the former CEO of twitter, Dave Smith. Dogecoin is already in top gainers on Binance, the number one exchange in the world. Also Dogecoin was recently added to be used to buy Shib/Doge on Binance. Elon musk is aiming Dogecoin to be one of the stable coin that's going to be in the Crypto space.

worle1bm

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The only influence of doge rising i see is related to Elon actions like recently his Twitter deal made doge jump approximately 22% as many beleive he will add it to the social platform like tipping system or any other way.He has been continuously making such tweets and making profits out of it and once again the pump are back in doge after his Twitter takeover.Rest there is no big support for this coin.

ItsCrafty

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Quote from: dhru9 on April 25, 2022, 03:51:05 PM

We all can see that today Doge Is up more than any other top in he top 100.
What cause this massive pump. Did you have some nice gains?
Anyway for me I think to join Doge is only 0.16$ (all time high was 0.73$) And it's backup by Elon Musk.

Today is 4/25/2022
Dogecoin marketcap up by 22%

Only one Reason the Doge father Elon is now owner of Twitter and people understand that like before Elon will shill Doge and will do some new for Doge.
One if the first thing which I think should be add in Twitter is Doge coin symbol like BTC and Bnb. We can also expect that Elon start to accept Doge for Twitter ads and much more .

StarKay

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Using the word massive pump is a bit of an exaggeration in this scenario, I'll prefer the word sharp increase. The obvious reason for what happened is that Elon Musk purchased Twitter and Dogecoin folks decided to have some fun and gain some attraction to Dogecoin.

I don't think that works out as expected because the "massive pump" is now over and Dogecoin is now following the bearish market trends.

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