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Author Topic: As altcoins are bleeding, people found a way to hedge on DOGE.  (Read 132 times)
Sanitough (OP)
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April 16, 2021, 02:02:12 PM
 #1

As we can see, there's some price drop happening now.

BTC in read https://coinmarketcap.com/.. so as some of the altcoins, but I'm just surprise or impress how Dogecoin has been performing.

DOGE is up 200% in 24 hours while some of the altcoins have significant drop.
Is DOGE the hottest coin now after BNB?

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Wahyuihib
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April 16, 2021, 04:56:30 PM
 #2

I don't understand why DOGE has such a fantastic development as it is today. if the first increase was due to a tweet by Elon Musk, but if the price increase is happening at this time I don't know for sure

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DaMut
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April 16, 2021, 05:23:11 PM
 #3

I don't understand why DOGE has such a fantastic development as it is today. if the first increase was due to a tweet by Elon Musk, but if the price increase is happening at this time I don't know for sure
second pump happened also due to Elon musk, he tweeted about Doge barking at the moon and people use that as a hype reference.
the result is what we are seeing it now.
I will not be surprised to see another upward movement because the majority people aim for 1$ and it is not even half of it.
not to mention Elon musk is fan of mars, he might be talking about Doge and mars anytime soon.

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jossiel
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April 16, 2021, 08:35:16 PM
 #4

Is DOGE the hottest coin now after BNB?
Temporarily yes.

After BNB has reached $600, it was the start of its drop and we're seeing that it keeps dropping again. But that drop is nothing for those early investors that have been holding it before the bull run.

This Doge run is truly going to the moon just as the tweets of Elon helps to fuel it up there.

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April 16, 2021, 11:07:38 PM
 #5

Probably Doge is one of the hottest in market nowadays but still not buying it. It feels too dangerous to hold knowing that this coin only gains when pump by Billionaire rather than progress or development. Happy to see its gains, contributes a good exposure for crypto.
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April 17, 2021, 02:49:46 AM
 #6

I see it as similar to XRP's silhouette as before. No one would have expected it to bring such high growth. However, almost everyone in this market is enjoying the benefit of doge. As far as I see that many people are expecting it to be $1 in the near future. I do not know, since anything can happen in this market, in cases like this is almost lucky, confidence will be more decisive than the ability to analyze the market.

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MishaSER
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April 18, 2021, 02:27:04 PM
 #7

Is DOGE the hottest coin now after BNB?
Temporarily yes.

After BNB has reached $600, it was the start of its drop and we're seeing that it keeps dropping again. But that drop is nothing for those early investors that have been holding it before the bull run.

This Doge run is truly going to the moon just as the tweets of Elon helps to fuel it up there.

I don't understand you people? Do you really not understand what's going on? Dogicon is one of the most popular cryptocurrencies in the world BTC ETH LTC DOGE is the basis of the entire cryptocurrency, they went down in history and they are the first.

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ninkdwi
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April 18, 2021, 02:58:54 PM
 #8

I don't understand why DOGE has such a fantastic development as it is today. if the first increase was due to a tweet by Elon Musk, but if the price increase is happening at this time I don't know for sure

This is the context in which DogeCoin is currently more centralized than naturally decentralized. As a result of the interference of large holders, anything can be done, either increasing prices or lowering prices. while the rest of the altcoin is based on falling bitcoin prices, all will fall too.
blackened515
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April 18, 2021, 10:19:22 PM
 #9

I don't understand why DOGE has such a fantastic development as it is today. if the first increase was due to a tweet by Elon Musk, but if the price increase is happening at this time I don't know for sure
second pump happened also due to Elon musk, he tweeted about Doge barking at the moon and people use that as a hype reference.
the result is what we are seeing it now.
I will not be surprised to see another upward movement because the majority people aim for 1$ and it is not even half of it.
not to mention Elon musk is fan of mars, he might be talking about Doge and mars anytime soon.

Every coin has her own significant time to be pumped even if there's not a popular tweet by an influencer, several coins like Elon has know enough that the total volume on doge is already at it's volatile peak that wouldn't crash down in price if he announce some tweet in his timeline.



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jossiel
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April 18, 2021, 11:35:10 PM
 #10

Is DOGE the hottest coin now after BNB?
Temporarily yes.

After BNB has reached $600, it was the start of its drop and we're seeing that it keeps dropping again. But that drop is nothing for those early investors that have been holding it before the bull run.

This Doge run is truly going to the moon just as the tweets of Elon helps to fuel it up there.

I don't understand you people? Do you really not understand what's going on? Dogicon is one of the most popular cryptocurrencies in the world BTC ETH LTC DOGE is the basis of the entire cryptocurrency, they went down in history and they are the first.
You're the one that I don't understand, sorry.

I'm didn't even say that dogecoin isn't one of those most popular cryptocurrencies. In fact, I'm saying that its run is going to the moon which means that it's going up, skyrocketing.

About its history, you're right, those were the first of them all, bitcoin and next are those that you've said.

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April 18, 2021, 11:47:54 PM
 #11

Dogecoin's run is purely speculative and that is why, the quickly it rose, the hardly it fell down and the same will happen again and again where noob investors will get deceived for their decisions. Dogecoin looks more dangerous than exciting and it will prove my words in the next few hours because the pump is all due to Elon Musk followers on Twitter and may be Wallstreetbets guys are also in it.
tbct_mt2
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April 19, 2021, 02:41:34 AM
 #12

I don't understand why DOGE has such a fantastic development as it is today. if the first increase was due to a tweet by Elon Musk, but if the price increase is happening at this time I don't know for sure
Dogecoin has no developments in many years and with the hype recently I am thinking about a coming news with applications, products for Dogecoin. With the decent love of Dogecoin from Elon Musk, how do you think the future actions and adoption from Tesla?

"Hey guys and gals, since today you can buy Tesla with Dogecoin. We will hold Dogecoin as one of our asset and won't sell it". Something like what Elon and Tesla announced with Bitcoin acceptance on their company.  Grin

Dogecoin can rise more if Elon want and he has tools to do it. Bring Dogecoin to Tesla. Another support for rise of Dogecoin is leverages on the market. Liquidations will help Dogecoin to touch $1 but if it happens, it won't stay for long.
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