There will always a possibility of a dump whenever a token is listed on a new exchange.

It shows that the initial investors expect the price to go high and take their unrealized profit.

Also, before you're going to invest, please do your own research. Your capital, your responsibility.

I agree with this one; most Dogecoin investors are cryptocurrency newbies and short-term players. They don't mind if the coin has any use case or not.

They want to have a quick profit and move on to the next one. Many gullible investors are being exploited because they're hoping to gain financial freedom with this coin, but instead, reality will come hard at them.

They will realize that the price is being manipulated and being played outright by the hands of powerful people and the whales.

The best way is to do your own research. Before you start buying cryptocurrencies, you should be knowledgeable about their projects and future plans.

Try to research the top 10 coins in CoinMarketCap. If you're convinced about the coin, buy it.

Also, try evaluating your strategy if you're going in the cryptocurrency space for a short time or for a long-term commitment.

I think it is normal for newcomers in cryptocurrency to experience panic selling whenever there is a dump. But there is a difference if you're going to sell the asset emotionally or rationally.

If I were to choose what coins I am going to hold long term,
I'd personally select:

1. Syntrophy ($NOIA) - It transforms the public internet into a secure and user-centric internet where encryption and performance are built-in and automatically enabled to anyone and anything connected.
Its main goal is to remove any limitations while ensuring security and optimization as a starting point, with more significant scalability potential for future technologies.

TLDR; it has excellent fundamentals

2. Kardiachain ($KAI) -  a blockchain platform that aims to be fully interoperable and "non-invasive," meaning that blockchains can connect to the network without needing to make technical modifications to their protocols.
The platform relies on a native token, KAI, used for staking, transaction fees, participating in services, and deploying smart contracts.

TLDR; it has excellent fundamentals

3. Tron ($TRX) - ideal TA, one of the Sun Tokens. I believe there will be a sudden jump of users in Tron Platform.


This post is purely just my opinion. If you're interested, do your research before investing.

Thank you for reading.

I think XRP will be one of the front-runners of the most commonly used cryptocurrency in the future. It is designed to be a payment system, after all. This will be used for day-to-day transactions with fewer fees compared to BTC or ETH. Additionally, it is fast and cheap.