Bitcoin Forum

Did you fellows noticed what happens with the DOGE price?!

Do you know is there any particular reason for this pump? Price is now 33 satoshi and yesterday it was around 22.

whoa $700M for a shit coin, I think people are buying to make profit in the short term. Its community is one of biggest and active communities, good hype.

This altcoin needs a new developer to improve the development of Dogecoin.

Because of it's sudden surge, my friend and I have bought $500 and $50 worth of DOGE, respectively. I have never expected this to happen. Dogecoin is one of the oldest cryptocurrencies that exists up to date, but the growth is slow for many years. For this sudden surge, I'm surprised and thinking it would become a "BIG DOG" coin in the crypto world.

It was really a surge up like what is happening to bitcoin this time and at this moment it was up to even more 38 satoshi. I don't know what is the reason behind this hype but dogecoin is really an old coin and it need more upgrade. At every exchange I see DOGE at base price of almost 20 satoshi always, hope it down again so I can buy some dip.

Wow, some huge price change indeed! I'll look into that. Maybe it just follows other big alts that are on the rise now for some reason (maybe BTC proved that the current extremely high price is rather stable)...

Simple, BTC so a lot of coin gain from it.

Nope it is not been drag by btc since not only the value rise for it but also with the btc price, And this happenings maybe due to buy orders of the whales and nothing else more since if you see there's no good good development updates happen on the old doge so i conclude the whales pump it. Doge needs proper developments so that we can see it rise to its potential but seems the dev of that coin are sleeping and didn't do anything with it.

I saw the movement of dogecoin and it's really a ascent this days. I think it's because of bitcoin price so the dogecoin may affect to it's price. But I was happy because dogecoin is still kicking.

Much rise! Very wow!
I love this coin it is just a lighthearted and fun community with a plus that it has a useful function. Good to see price movement in the right direction.

It's more complicated than 1 to 1 price following of bitcoin.

Altoins rise not as a direct result but a knockon effect. Bitcoin has brought many new people to the crypto market and as they begin to explore it they then find coins they like and move their funds into it.

The fact is that doge is meant to replace bitcoin because bitcoin is going to $21 million dollars but for doge supply is infinite and price affordable. It is the first coin that came up with the idea of infinite supply meaning every human on earth will become rich with doge. Very soon, it be doge all over world.

it has  a big community on of largest maybe. there are no developers behind as i know :) it has a website with just one page , i mean there is just home page nothing else. there is just one video about whats doge :) but yes transactions are fast. you can use it for this reason too.  it has listed by many exchanges include all big exchanges.  currrently doge has almost $800 million market cap.
but i think this a just pump - dump coin . i dont think price can go to much. can dumping any moment. so be carefull guys. dont put your money on a shit coin.

+1

I have seen quite a couple of times that Doge would be sitting idle at a price for a very long time and then suddenly some day out of nowhere the price would start increasing and go upto 9 to 10 times. The sudden surge in the price of Doge could be the same wave approaching or it can also be a short term pump which the whales would be doing to get some profit from the market. The price of BTC has also started to increase now and the whales would be using Doge to pump the price so that they could invest the profits earned into BTC.

Reasons are in this topic : https://bitcointalk.org/index.php?topic=2339100.0

If you are a doge coin observer, the chart of doge coin in a few months here has a good and even growth. But I do not think the value of doge coin increases dramatically while altcoin decreases when bitcoin is too high.

They are making an intentional pump in dogecoin. This is not something to get surprised. They do too many pump and dumps on dogecoin as they did before as well. Careful if you're holding dogecoins.

It doesn't need a new developer. It works perfectly (the wallet never gives any problems, transactions are confirmed quickly).

Sometimes when things work well, you just have to leave them alone.

I think that's what everyone does with doge.  Buy low, sell high and repeat  ;D

We have indeed seen it before. This quick rise of DOGE is nothing more than another pump (and dump).
Nevertheless, this new pump has brought me some profit, I bought DOGE at 18 sat and sold them at 32 sat.

I thing this coin has a potential for a long term buy. It just need a time.

Yes it rise very fast, I think there are some whales are playing this coin and when they left, doge will be back to the hole again, for me its too risky to invest, because when its drop, it keep on dropping there wont be any bouncing

too much rise in a few days, I agree that we need to wait for some time to invest, just to make sure that it's not someone game playing on us...

You can thank the DOGE madness to the new people who joined the cryptocurrency movement. Because BITCOIN has been in the media for so long after its wall break of $10,000, people are discovering other altcoins and trying to FOMO where they can. Dogecoin has been an old coin since 2014 and was always a MEME coin in my opinion. If this coin wants to compete with other cryptos it needs some major major major Upgrades. Look at Verge coin---- it used to be Dogecoin Dark until it rebranded and turned into what it is now --- Verge. But yea definitely HYPE, watch it go down once this crypto madness dies down. Don't get me wrong, I hope we hit 1 trillion but I honestly want a slow organic growth, not a huge upward ladder like right now.

Exactly my thoughts! I know a lot of good ICOs who didn't manage to collect their min cap and people are giving 700M for old meme coin.



You mean pump and dump groups? Isn't they usually targeting coins with 100x lower cap? To manipulate 700M market you need a lot of money.

suggest to have another doge. Doge is not developing and dying. And there are bunch of coins better doge. What is the reason to have doge? Collection and habit?

I think is just a pump to get few profit but Doge is Shit man Forget its satoshi number

Doge coin just prove if a coin as a strong community, the price will last, it is funny this project started as a joke and since then it has remain a top 100 coin on CMC, how many ICO projects has died since. I still feel as long as people continue to mine this coin, the price too will be sustained. I still think alot of people still fell comfortable holding some Dogecoin in their portfolio but don't think it worth that much

more volatile, more exposed to speculation than previously. these things have to be touched by the state.

it's different from year to year. attention needs to be paid..  :)

doge is still one of the good coins and is in great demand by traders, and doge is an alternative coin that traders like when the market is not in good condition ,for now the price of doge is at 87 satosih

doge coin is like Yen, when all coin dump, dogecoin surprisingly perform well compare others.

It's one of the most, if not the most emblematic coins, what can you expect? Unfortunately I don't own any DOGEs in my portfolio yet, but I have to agree that a portfolio with some doges looks like most "complete" IMO, mine is a bit "empty" without them. I hope it dumps compared with other coins in order to get a better rate to buy.

On the other hand, some people say that DOGE is the first coin to pump hard prior to an altseason. I hope they're right and this case is not different. HODL, next months may be wonderful.

For me the most stressful part of exchange trading is the psychological stress from checking hourly for price action and having to wait a long time because you don't know when the next high or low will be. It's also extremely frustrating to call the highs but not have orders filled, so if you are gonna be placing large orders on altcoins then I suggest choosing a high volume exchange where you can get a lot of liquidity, or better yet: multiple exchanges for maximum market depth. I invested into doge because I was afraid of bitcoin breaking sub-6k, but I think that until doge gets its ETH bridge, it will stay a pump-and-dump market with bearish action after each dramatic price surge. Every time I note a trend or pattern or indicator, it vanishes within days. What annoys me the most is how some days doge follows bitcoin 1:1 and other days it completely ignores bitcoin fluctuations. I hypothesize that doge dumps are a reverse-indicator for bitcoin pumps, and that panic in the bitcoin market is a positive-indicator for doge pumps.