if we compare it with the previous price, it can be said that now Dogecoin has found a very high price. and this is really a very fantastic price obtained by Dogecoin
That is not the point ad totally a wrong approach to assess whether the pricing makes sense. If you argue that way you could say Ethereum is expensive because it came from $500 or Bitcoin is expensive because it came from $10,000. Dogecoin is expensive because you can't find satisfying reasons for its price other than celebrity driven hyper speculation combined with the luck of being mentioned as perhaps a means of payment for Tesla and financing operations for SpaceX. But are these temporary characteristics or permanent? If they are permanent, it could give Dogecoin value. If they are not, it is pump and dump only. |
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Hello Guys what you think about etherum. Is etherum touch 5k in this may month ?? I see very much potential in etherum what you think ??
I'm a vehement believer in the potential of ethereum. I can boldly say that this is the best time to hold or buy more ethereum because the movement would be massive. Its less than a week since ethereum hit $3,000 and its trading at almost 4500$. This makes it obvious that $5,000 is a done deal. I'm still looking forward to seeing ethereum trading above 7,000$ before the end of the month. It's possible that Ethereum will go back and forth between $4,000 and $4,200 for a little while now. It made up for the little crashes quickly which is usually a good sign to get ready for another boost. It is so rough to anticipate what a decent price target could be. Is there even any rationality in the market at all right now? |
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BSC does't look ready for the moon in a particular way because it already mooned. BTC moves sideways and so does BSC more or less for now. Maybe it goes up more relative to BTC but what do you mean by mooning? That BSC goes up 200% - 300% or even more? That won't happen for now I believe.
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Almost so, when currencies are listed on binance, they are almost all valuable. biI don't know what to do with itI find the binance floor prestigious and trusted by many people. As long as altcoins are listed on binance, they become popular. A project to choose and list is not easy. Almost through rigorous processing, binance has become too famous in maintaining its reputation in transactions. It is almost automatically a profit for those who hold the tokens if it gets listed on Binance. But I wouldn't wait to long with taking profits because for some projects they hype is as quickly over as it came up and the next project is already waiting to be listed getting all the lime light. Not all tokens there are profitable. You still need to check carefully what tokens there you would hold and invest as trading are not easy to gain profit even the tokens are popular and have a large volume. I always check the teams behind the project of that tokens, primarily as I based on their background and if their team can attract a lot of investors. I would invest in their project immediately. Yes but if you bought earlier than it gets listed on Binance you usually won't lose. I don't know if ever a coin immediately crashed upon getting listed on Binance? It may crash a few days later, but right in the moment? I at least can't remember that happening ever. |
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The next step could be accepting Dogecoin payments instead of Bitcoin after the last events.  SpaceX started accepting Dogecoin for its DOGE-1 satellite for example. I really wonder whether we will see this kind of move in the near future. Elon is already doing well according to his masterplan to create more hype of dogecoin and he's just doing this for his own entertainment or satisfaction. Jackson Palmer, co-founder of dogecoin, already slams Elon Musk as "Self-Absorbed Grifter". So, final result will be: Elon Musk will pump dogecoin so much and get tried of it. He'll take rest and others will get rekt on dogecoin. Yeah, he has created so much hype about Dogecoin so far that it looks like he will be reaching his goal (whatever it is) sooner or later. And after that, he may even cut his support for Dogecoin suddenly. Investors should be well aware of this possibility while they are investing into DOGE. Considering the liquidity of DOGE and its low transaction costs you can't even argue against DOGE being accepted as a means of payment for Tesla. But interestingly, if Tesla accepts DOGE they also have an incentive to keep the market going, keep it liquid because otherwise they couldn't cash out their DOGE if they wanted to. |
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Elon Musk has made new tweet about Doge again as always. It has been seen for some time now that Elon Musk is benefiting himself by increasing the price of Doge through new tweets. He tweeted asking if Dogecoin will be used to buy Tesla. But after his tweet, Doge price is going down, which means people are understanding his purpose. You can see his tweet from here: https://twitter.com/elonmusk/status/1392030108274159619?s=19Dogecoin is not the only one Musk talks about as there is series of events associated with his tweets and you can see sudden rise in prices of coins or shares he talks about on twitter.It just requires his one single tweet to manipulate the prices these days.Doge is unnecessary pumped by him and when he will cash out his all profit at ATH then you will see true results.He is just trying to shift the funds from btc to doge in market by putting ban on Bitcoin usage due to energy consumption and asking for doge acceptance which truly reveals his intentions.So you just need to analyse market very carefully these days if you want to survive long. Yes he said he is interested in any coin that has less than 1% of the power usage pre transaction compared to Bitcoin. It is almost like he asks for applications from energy friendly projects that can now reach out to him in order to get promoted by him. |
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Based on what I noticed this bull run, the majority of the coins that have a good pump this season are those that are listed in Binance, so I come to the conclusion that we should only invest in coins that are listed in this exchange for us to have a chance to maximize our profit.
What's your take on this, am I right or wrong?
Share your opinion.
Almost so, when currencies are listed on binance, they are almost all valuable. biI don't know what to do with itI find the binance floor prestigious and trusted by many people. As long as altcoins are listed on binance, they become popular. A project to choose and list is not easy. Almost through rigorous processing, binance has become too famous in maintaining its reputation in transactions. It is almost automatically a profit for those who hold the tokens if it gets listed on Binance. But I wouldn't wait to long with taking profits because for some projects they hype is as quickly over as it came up and the next project is already waiting to be listed getting all the lime light. |
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Elon tweeted today that he will accept what he did with bitcoin, namely, dogecoin payment for buying tesla. There is no such thing yet, I think it will not happen. Elon has loads of dogeceoin and wants to raise the price of them.
He changes his mind on a daily basis almost. All these tweets sometimes it is very difficult to take him seriously. But yes he does have a lot of influence. How could he not? If any mogul comes and says hey I push this coin the herd will go crazy and buy it. Would be the same for Amazon and Jeff Bezos if they supported Dogecoin. |
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The last upgrade (Berlin) of the ETH mainnet that was released on 15 April is constantly pushing the price to new all time highs.
This upgrade came with improved protocol (EIP-2929) that had a significant impact on smart contracts gas fees.
London fork will also come with a lot of attention to the fees but more important it will improve smart contracts functionality.
The team are testing the possibility of paying the fees for a smart contract with the same token.
Take this below example for a current price fee:
Broadcasted TX/sec - 20.51
Mempool count - 75,000+
Median TXs per block - 223.00
Median gas price - 60.00
Results to a contract fee around $16.33
So with the London upgrade (EIP-2930) and the possibility of paying the fees with another ETH token they are estimating a median drop to 20 GWEI.
Will this attract more businesses? I mean, a lot of them are showing much interest in paying fees with a stable coin.
Also how much further it will push the price? What is your opinion on this?
20 GWEI is still too much for micro transactions. If you want to have applications that need to scale up a lot it is still problematic. Especially if the price of Ethereum rises. That would be good and evil at the same time. If Ethereum rises and you have 20 GWEI you still can't run applications that need very low fees in order for them to function and be adopted broadly. I do concur with your point now, if will all believe Ether price is going to $10000, then 20 GWEI is crazy, why not stop all these transaction fee experience for now because miners will always fine hole in it and just pay block reward. I do buy into the idea of paying with tokens, there are some tokens that the value was very low and you need to pay 10's of USD to send or transact with them Without the transaction fees you will see that some idiots will start flooding the network with spam and force denial of service. I don't know if a software could separate spam from serious transactions, but I don't see how that could be possible. There are people that deem many of the transactions happening right now already spam. |
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Sooner or later it will happen, we are in a bull market situation so all the coins will increase alternately / simultaneously and also BNB is one of the favorite coins and has a good track in the long run. So according to my prediction this year the bnb will reach 1000 $.
It will even surpass that 1000$ goal when more token burn come. Lots of traders are using now Binance which the transaction fee profit is increasing exponentially. BNB token burn depends on the profit of the exchange and this token burns gives a huge impact on the token price so the price growth in the future is limitless until the supply will almost depleted. It can even surpass $1000 when Bitcoin falls because the only thing that Binance worries about, or let us say what they care most about is trading volume and fees. They like when the market is volatile like yesterday. |
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You should definitely dump quickly any project if you are not 100% - and I mean 100% - sure that is super-solid. This means that you would not take part or dump immediately after listing 99% of the tokens. The key to profit from ICO is to cycle your money as fast as possible, e.g. is better is you can make 10% every day as opposed to making 100% after four years.
The only exception is if you got in at a very attractive price in a project that has an outstanding team.
It is sad but paxmao is right. Maybe keep some of your tokens but if you are unsure about the team and whether it is legit I would prefer to dump and b happy with what it is. More often than not it is the right choice. |
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I really hope for this to happen. I mean this was 320 dollars or so THIS MONTH and we are talking about 620+ dollars right now, that should show you how much people like BNb and how much they care about it as well. I personally like it and I think it is one of the best coins out there right now, evident from BNB being top 3 right now (and for a while).
The end result is reaching 1k is nothing at all for BNB, it can do that in a month very easily hell it could take a week if there is a huge bull run, but will it? Nobody knows this. Why do we know that reaching 1k is easy but there could still be no way it could reach there? Well simply because if the market goes up, then BNB goes up as well, but I do not expect BNB to keep going up if the market crashes again. Which is why we need to wait and see what the market does, if it goes up then BNB at 1k is very simple.
It's because there is the ongoing burning from real profits earned by the company backing it. BNB has a real product and no empty or potential promises. It's in a great position to grow, but the question is when does the total valuation not make sense anymore? For Binance as a business certain measures should apply as they do to other businesses as well. because Binance has very innovative performance and development. Binance provides what the market really needs and is looking for. therefore the adoption of BNB continues to increase while the supply of BNB continues to be reduced. it looks too dreamy to see BNB fly that high. but when you look at what has happened to the bulls rally this year I think there is nothing impossible for BNB to continue a longer rally. It does but the valuation shouldn't be totally out of sight. It should make sense and be coherent to some degree with what we are used to. Binance is now so valuable that the question remains where the limit is. Nobody seems to be able to see any limit at all. |
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London fork doesn’t reduce the fees....anyone expecting that is misinformed.
Fees already went down quite a bit. If you throw out some statements here don't let your readers in the dark. Provide sources for what you claim or just don't say it. At least explain what you have to say. |
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There will be no next doge coin. Doge is just one and another shitscam coin that utilized the doge's notoriety will be dead soon. The soaring conduct of the current market has had an effect on doge coins as well as on different coins. Toward the day's end it isn't simply Musk that siphoned the cost of DOGE however the whales that is into siphon and dump plot exploiting whatever the news that can be use to make their arrangement simpler.
No I don't agree with you at all. I don't like DOGE, but it shows how strong a community can be and how much they can move a coin up even if it is a meme. I agree that there can only be one meme coin of that magnitude, I also agree that Musk played a signicifant role, but DOGE has been unexpectedly strong even before Musk made public that he holds some. |
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I think it works more like this: Project appoints for Binance listing, Binance checks if it is good and legit project, if Binance finds it valuable its released.
Regular people see new listing on Binance making them directly buy to speculate.
So I think its best explained with human psychology. People wanna make money in the most safe way. Binance gives this opportunity.
They also have voting, don't they? I thought they check out whether part of their community wants a specific coin on the exchange or whether the community backing a coin is big enough to make the listing worth the effort for Binance. |
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The advantage with Dogecoin is that although the block size is similar to that of Bitcoin (1MB), on average the blocks are mined every one minute instead of 10 minutes as the case with Bitcoin. And due to low acceptability of Dogecoin, the Mempool is almost always empty (although this may change in the future). Eventually Bitcoin will lose out because the miners have refused to lower the transaction fee. But it will be too early at this point to predict whether DOGE will benefit out of it.
In the end Bitcoin will lose out? What about scaling solutions? Everything in life scales. Cars scale, bicycles scale, hardware scales, and Bitcoin will also scale, it just needs time. Scaling solutions are underway and once they are rolled out step by step (which is not easy to do), it will take time until some of them are sufficiently understood by the uses in regards to how to use them (e.g. lightning channels). Hopefully, most of them don't even need some extra effort on behalf of the user. That would be the best case scenario. I agree that the magic should happen in the backend or on the protocol level. If there are users that are not overly tech-savvy, it will be hard to convince them to use a complicated technology in their everyday life. They won't do it as we all prefer easy solutions and go for compromises when it makes life a little bit easier. Although we sometimes shouldn't. Yes there is no way around it. You can compare it to the old personal computers when you had to use Linux like programs or DOS. Who would have used that for personal purposes. The average 60 year old wouldn't have used computers today if they still were like that. It is all easy to use and intuitive, at least for the most part.  On a few occasions the machines still do whatever they want and not what we want them to do.  I doubt anyone would be using it today, at least not as much as computers are now part of our every day life. They are literally integrated everywhere and into whatever you can think of. We are a good bit away from cryptocurrencies being so widely understood and easily usable as computers, but that will also become an integral part of our lives soon. |
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In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
It's always kinds of hard to know the peak of a token and most of the investors are just cannot predict or sell at the peak price of that token, mostly only a small percentage of people are able to do that. I guess just because the token burn boosts the price of BNB in the market, Even I miscalculated a little bit selling most of my BNB at around 400$ I know that there will be a pump because of the token burn at the end of April but the pump just went too early so I just sold at a lower price. Still, it is fine because I still made a profit in BNB and I could easily buy it back and earn profit again when it is a dump or buy other coins for profit as well. You can't know the peak and you also don't know who is pumping money into the market. Are those the big players or only the retail investors who might lose steam. Nobody knows where the peak is. For BNB you could at least do some calculations and compare it to other exchange businesses from markets other than crypto. |
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Apart from Elon musk hyping dogecoin these past months that got price hanging at $0.05 now the price has gone skyrocket. The skyrocket price of doge I believe is becayof the high fees of bitcoin transaction. Dogecoin is proving to be a more optional coin to bitcoin and that is undoubtedly pushing price high and for the first time dogecoin has made a return to faithful hodlers.  I don't think about optional because Dogecoin is not even close to Bitcoin no matter what Elon Musk to do. Besides, it was just the hypes that help Doge to skyrocket, but I'm not sure if it still in the skyrocket once the altseason will end. I surely see that it drops again like in the situation before the hypes. Nothing special with Dogecoin, we don't need to fool ourselves believing that this coin will enlighten us in the future. Because it was just Elon Musk benefiting this more, not the investors, not us. And this huge fee is temporary, in fact, it is getting low already. If Doge would surpass Bitcoin the whole world would laugh about the decentralized finance industry. There is a limit to jokes if you ask me. I wouldn't want to see Doge surpass Bitcoin, but that's an impossible scenario anyway. As you say fees are slightly dropping even though they need to more drastically. |
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Yep, every coins gets listed in the Binance exchange their prices pumped, not just Binance there are many big exchanges that the coin can go to the moon when gets listed. It's an easy money if we invest a coin that not yet get listed but just announcement, I think that's the right time to buy.
Binance has the highest level of popularity, and as a result, coin listed will have more chance than listing on less well-known major exchanges, just looking at the trading volume of the new tokens on binance is enough to know how compelling they can be. But after all, the attraction here is the name of the exchange, binance bring the value of the coin but it doesn't prove the potential of the coin, this organization can still delete what they have listed, so the potential of the coin needs the efforts of the project to create, the developer needs to win everyone's trust Binance offers the highest customer exposure, it is as simple as that. They have tens of millions of visits and if your coin gets listed there they could theoretically all stumble upon your coin. At the same time Binance lets credibility to all the assets listed, which could turn a person coming across that trading pair into a buyer and a trader for that coin. Making it to Binance exchange is a huge plus for every project. Do they even charge fees? I thought they don't and just pick as they please. They don't even care about the listing fees if I am not mistaken. |
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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.
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. He just appears on the market before that altseason has about to start. I think that influence that Elon Musk did on Doge is not huge enough to increase its price but it was also lifted due to the market surge as the Bullrun has arrived. I would say, it was just a coincidence that happens to Dogecoin and people think that it was because of Elon Musk's shilling on it. I don't think so, he is just in perfect timing. It clearly was huge enough to have an influence. I don't know the story exactly, but he wants to fire a rocket with a Doge car into space. Think about the publicity and attention Doge would get from that worldwide. He had a lot of influence in the last couple of months on Doge performance. |
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