Will Dogecoin prices crash if TikTok continues to get banned?

[South Park]

Not sure exactly what will happen next because even if the ban is applied but if investors continue to support this Dogecoin then the decline might be minimized and also, right now the market is recovering and I think the decline will not happen hard despite the fact that the market is falling it will definitely happen at an unpredictable time due to high volatility.

The crash of doge is almost complete and I will not be surprised at all if we see lower prices than the ones we saw when the pump started, people need to stop doing this, if a coin goes up in value that fast then most likely this is because there is some kind of manipulation going on and then they think they need to invest in that coin immediately and earn money that way, some do but the majority loses so much of their capital that it is impossible for them to ever recover from such loss.

[slaman29]

The crash of doge is almost complete and I will not be surprised at all if we see lower prices than the ones we saw when the pump started, people need to stop doing this, if a coin goes up in value that fast then most likely this is because there is some kind of manipulation going on and then they think they need to invest in that coin immediately and earn money that way, some do but the majority loses so much of their capital that it is impossible for them to ever recover from such loss.

Crash? You mean retracement. That was an artificial pump we all know it, but Dogecoin has always been stabilizing against btc/satoshi price all these while since the last ATH. Makes it one of the more reliable altcoins if you think about it in this way! What was it's ATH something like 120 satoshi? And it has been staying around 25 for a year IIRC.

[kotajikikox]

If you have been following Dogecoin for a while now then you may have seen that it’s prices suddenly saw an upward movement thanks to TikTok, and Bitfinex quickly pounced on this new Fad and listed Dogecoin on their exchange. However what bothers me is that Tiktok is getting banned in big country’s like USA (about to be banned), India, and if more country’s ban TikTok then won’t this fad fade away very soon, and with it won’t Dogecoin prices crash?. Hence what do you’ll think of this fad, and how long do you’ll believe that it’ll last?.

Source:

https://cointelegraph.com/news/bitfinex-lists-dogecoin-after-tiktok-fad-sends-doge-price-over-005

https://edition.cnn.com/2020/07/10/tech/tiktok-ban-users/index.html

https://techcrunch.com/2020/06/29/india-bans-tiktok-dozens-of-other-chinese-apps/

TikTok is also banned now in HongKong and this sadden the  tiktokers worldwide.

Many things that has been changed because of this Tiktok thing so i hope banning will end sooner.

But About Dogecoin getting high?i think even without tiktok it will grow because in past This has been the most popular coins for gamblers.

[Fakhrulenclix]

Dogecoin was launched in december 2013 https://id.wikipedia.org/wiki/Dogecoin and become more populer until Jan 2018 reach ATH at $0.018. And tiktok launched in 2016 https://id.wikipedia.org/wiki/TikTok. Even with tiktok challange it can't make doge price into ATH anymore, so tiktok effect only for a while. So if tiktok get banned even deleted it won't affect the price of dogecoin

[cassavachips]

The prohibition of TikTok in several countries is not a big influence on the decline in Dogecoin. TikTok is used as a medium to introduce cryptocurrency, especially Dogecoin which exploded some time ago and many people who see it now know Dogecoin and cryptocurrency. So it won't affect too much.

[restuibu]

I'm not really sure if the doge pump is caused by tiktok. because in my opinion tiktok has nothing to do with dogecoin, the price increase a few days ago might have been caused by hype/fomo

[Twinkledoe]

The prohibition of TikTok in several countries is not a big influence on the decline in Dogecoin. TikTok is used as a medium to introduce cryptocurrency, especially Dogecoin which exploded some time ago and many people who see it now know Dogecoin and cryptocurrency. So it won't affect too much.

It may just go back to the price before the hype done by tiktok. But it will not slump much lower to that price. Doge has already established its use even before this tiktok hype so I don't worry much about its price. But for those who bought it during this hype, they will now understand that commotion in social media will not really help in sustaining its value in the market.

[Quidat]

It appears that many people who did not invest in cryptocoins before shall be joining the cryptospace bagholders foundation hehehe. We should welcome them and offer a gesture of consolation.


The meme coin Dogecoin (DOGE) has fallen after a brief rise; the dump after the pump.

Source https://decrypt.co/35289/wow-tiktok-dogecoin-pump-is-over-such-dump

Feel sorry for those who bought on July 9 and July 10 where the price is already at peak and i did actually laugh out on the image you did post where people who havent any idea on what they've been doing will surely
able to realize on the mistake that they had done now.Its pretty clear that this Dogecoin pump is just purely been the result of much hype. For people who do have experience here on crypto would able to  detect it well
in the first place.Some might not able to jump in and some do make use or utilize such hype for them to make money and when those innocent investors do pour then huge sell-off would be the next step.
Im just thinking if those people who put up big money on peak price do still had some good sleep at night? 

[lienfaye]

Im just thinking if those people who put up big money on peak price do still had some good sleep at night? 

Probably they are are now regretting their decision to buy at peak price and besides its not the right timing to buy a crypto. A very risky way and possible losses might coming if you cant hold longer until the price reach the value wherein you bought your dogecoin.

Well tiktok somehow influence the price of doge the reason it turn to hype, if the banning for some country for tiktok will continue then dogecoin will return to status on how it used to be.

[Bitstar_coin]

It appears that many people who did not invest in cryptocoins before shall be joining the cryptospace bagholders foundation hehehe. We should welcome them and offer a gesture of consolation.


The meme coin Dogecoin (DOGE) has fallen after a brief rise; the dump after the pump.

Source https://decrypt.co/35289/wow-tiktok-dogecoin-pump-is-over-such-dump

Feel sorry for those who bought on July 9 and July 10 where the price is already at peak and i did actually laugh out on the image you did post where people who havent any idea on what they've been doing will surely
able to realize on the mistake that they had done now.Its pretty clear that this Dogecoin pump is just purely been the result of much hype. For people who do have experience here on crypto would able to  detect it well
in the first place.Some might not able to jump in and some do make use or utilize such hype for them to make money and when those innocent investors do pour then huge sell-off would be the next step.
Im just thinking if those people who put up big money on peak price do still had some good sleep at night? 

Yeah, those who got in on July 9 hoping something good is about to happen are the ones who will be holding bags for now, maybe there will be another big news that can pump the price of dogecoin but for now they have to be patient, most coins in the market pump base on hype not only dogecoin, the only they can do now is hold and hope another pump like that will happen, crypto is full of surprises, you never know when something great will come up.

[el kaka22]

I can get the point; if tiktok was not banned by the times of those dogecoin challenge was started, I am sure we might have seen dogecoins into its new ATH too . I feel bad why dogecoin challenge was initiated too late, at least a month back if it would have been started, there could have been a big differences in hype level for sure.

Right now, dogecoin is trading with 12% gaining in bittrex, it means the hype of tiktok challenge still continues. The story was complete different through out the last week, but now dogecoin is doing good regardless of what bitcoin is doing right now. I am expecting some good rally for all cryptos by this weekend, who knows, dogecoin may trigger that rally as well. It is going to be middle of July and I am sure before August, we will definitely have good signs for upcoming bullish trend.

[Lanatsa]

It appears that many people who did not invest in cryptocoins before shall be joining the cryptospace bagholders foundation hehehe. We should welcome them and offer a gesture of consolation.


The meme coin Dogecoin (DOGE) has fallen after a brief rise; the dump after the pump.

Source https://decrypt.co/35289/wow-tiktok-dogecoin-pump-is-over-such-dump

Feel sorry for those who bought on July 9 and July 10 where the price is already at peak and i did actually laugh out on the image you did post where people who havent any idea on what they've been doing will surely
able to realize on the mistake that they had done now.Its pretty clear that this Dogecoin pump is just purely been the result of much hype. For people who do have experience here on crypto would able to  detect it well
in the first place.Some might not able to jump in and some do make use or utilize such hype for them to make money and when those innocent investors do pour then huge sell-off would be the next step.
Im just thinking if those people who put up big money on peak price do still had some good sleep at night? 

Yeah, those who got in on July 9 hoping something good is about to happen are the ones who will be holding bags for now, maybe there will be another big news that can pump the price of dogecoin but for now they have to be patient, most coins in the market pump base on hype not only dogecoin, the only they can do now is hold and hope another pump like that will happen, crypto is full of surprises, you never know when something great will come up.

And when it would possible be? Next month? Next year? Couple of years? If we do try to look up in terms of events in Doge then i dont see for another
hype to happen.

People are already aware that this hype will happen again but it wont work on second time around when they do try to hype things up.

Therefore, we can say that people who do buy on peak price will surely baghold for long because dogecoin price doesnt really move that much for long period of time.

[monineklutak]

This news has made DOGE go down now, look at the price of DOGE down in exchange,
already down 6% , fortunately I didn't buy it, because this news came here and I was lucky, thank you

[crzy]

This news has made DOGE go down now, look at the price of DOGE down in exchange,
already down 6% , fortunately I didn't buy it, because this news came here and I was lucky, thank you

Even if there’s no news like this, DOGE will still fall because the pump is fake and the pump is just a hype, better not to join the hype and buy established coin instead. Doge uses tiktok to manipulate price, and they wont succeed on this one in long term. Unfortunately, lot of my friends are falling on this trap they are still lucky to get out early. Don’t buy this coin because tiktok users will never buy Doge coin (most of them are not familiar with it).

[MCobian]

Dogecoin price decline is not due to news about the platform TikTok will be banned, because the price of Dogecoin began to fall after many people
realize this is only the actions of a few influencers who create hype for personal gain. And there are so many victims from this hype, fortunately
I wasn't interested when the $ 1 Dogecoin challenge pumping booming in TikTok. This is a lesson for all of us to be more careful when investing,
do research and analysis before deciding to invest. So you can avoid FOMO that occurs in Dogecoin.

[Fredomago]

Dogecoin price decline is not due to news about the platform TikTok will be banned, because the price of Dogecoin began to fall after many people
realize this is only the actions of a few influencers who create hype for personal gain.

Indeed, this price fluctuations is just an artificially made by those whales who are good in playing with traders emotions.

And there are so many victims from this hype, fortunately  I wasn't interested when the $ 1 Dogecoin challenge pumping booming in TikTok.

Good for you, but in a short ride if you manage to buy in before the big pumped happened, that's really decent profits.

This is a lesson for all of us to be more careful when investing,  do research and analysis before deciding to invest. So you can avoid FOMO that occurs in Dogecoin.

It's always a must in order to prevent this kind of mistakes unless you also knows how to play riding in with pumps.

[Smitty Werben Man Jensen]

Even if there’s no news like this, DOGE will still fall because the pump is fake and the pump is just a hype, better not to join the hype and buy established coin instead. Doge uses tiktok to manipulate price, and they wont succeed on this one in long term. Unfortunately, lot of my friends are falling on this trap they are still lucky to get out early. Don’t buy this coin because tiktok users will never buy Doge coin (most of them are not familiar with it).

I have read an article about Doge, that Dogecoin does not have a total supply,
and that supply can continue to multiply, of course it will make it difficult for prices to go up for long term if user not much

[Finestream]

It will not make dogecoin crash, the hype was just a pump and dump scheme, nothing more.

Dogecoin has been with the market for many years, it's one of the oldest coins in the market and it has survive until this time, and it's not Tiktok alone that bring Dogecoin to its current state now, it's already correcting but I'm sure its volume will stay as decent as it has been.