Will Dogecoin prices crash if TikTok continues to get banned?

[casperBGD]

Doge has ATH long ago, not for Tiktok hype. It has crossed 100 sats even in a bearish season. Then why due to the tiktok ban in some countries will affect it so harsh? It's true that it will have some dump which was speculated before the start of the pump since it was made by some people in order to make some quick cash.

I don't find any relation with Tiktok and doge coins so I don't see that banning will actually  affect doge coins price . Unless it is also one of the product doge have which is I know its not .maybe some influencer promoting doge coins in that application.

The tiktok ban for many countries is for security reasons They just do not want anyone to spy on them using an application made in China.

agree that there is no connection, but TikTok hype sparked Doge coin price rise, and there is a relation, but think that DOGE will eventually go down, no matter the reason, TikTok could be good explanation, but DOGE is playing this way, going up and down in time intervals, due to hype moves, there is no good cause for this project to exist except speculations

[alicea]

DOGE would have dumped hard either way IMO because that's what usually happens with dogecoin first it pumps hard then it gets dumps hard. That's the reason DOGE is always in my long term hold coins.

[Ochakemaput]

DOGE would have dumped hard either way IMO because that's what usually happens with dogecoin first it pumps hard then it gets dumps hard. That's the reason DOGE is always in my long term hold coins.

at certain moments maybe people like dogecoin because they have a pump that is high enough but then that moment will not last as long as you say. we see it today and last year also like that. always seems the same.

[bitbollo]

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/

Personally I think that no one cares about tiktok endorsement. Dogecoin has a massive supply, not-inflationary coin. it's clearly impossible make any real impact in the market... it's full of people that have a lot of dogecoin and are ready to sell even @0,10 USD
Price will go again to the old values, I mean around 25-30 satoshi. It's just matter of time.

[eaLiTy]

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?.

The doge coin rally started after TikTok and other Chinese applications got banned in India, it was a community driven hype and there are talks about US and other countries planning to ban Chinese applications but the hype started from the community they engage and the hype will pump the price for sometime and eventually it will die down but i do not see a major crash but it will end up from where it started.

The fun aspect is that doge usually pumps with news like these, in the past when Elon Musk tweeted it pumped and it is a fun coin to have to take advantage of these pump  .

[killerfrost]

DOGE would have dumped hard either way IMO because that's what usually happens with dogecoin first it pumps hard then it gets dumps hard. That's the reason DOGE is always in my long term hold coins.

at certain moments maybe people like dogecoin because they have a pump that is high enough but then that moment will not last as long as you say. we see it today and last year also like that. always seems the same.

Sure, Doge has huge pumps but it doesn't last too long. Last year I saw a similar situation, the price went up many times and then collapsed, causing many people to be disappointed.

[Anonylz]

I think the price already correct since after the tiktok video, I always knew the price is just temporary pump with no major updates,  even if tiktok started to get banned in some countries, it may only affect the price for some time and soon things will go back to normal, dogecoin is an old project that keeps fighting to be in the market, they have good dev so I believe the team will keep the project going no matter what. It is part of market for price to go up and down.

[cheezcarls]

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/

Ain’t a fan of using TikTok anyway. Never used it for a long time, I only got like 3 boring video clips and 10+ followers. These guys had a brilliant idea in creating a Dogecoin viral video for their followers to buy DOGE, while they are enjoying their profits after some countries are gonna ban TikTok (which results for DOGE to dump).

I bought DOGE last 2017 at $0.006 and sold it when it almost reached all-time high. Although it’s a funny coin with no real use case, so many people are still trading DOGE, which was no surprise for me until now.

P.S. I honestly think Philippines is a TikTok-friendly country, so no ban here (they did have an April Fools prank last time about banning TikTok in the Philippines lol). 

[glowing10]

DOGE would have dumped hard either way IMO because that's what usually happens with dogecoin first it pumps hard then it gets dumps hard. That's the reason DOGE is always in my long term hold coins.

After the couple of days fall today it seems to be flat on slightly up, but yes, the way it has risen seems nothing more than the price fall which was inevitable and had fallen in last couple of days as expected. Though good thing for those who had made money in this coin and got out are the lucky ones and also some booster for those who had held this coin form long time and were awaiting some spike in the coin.

[ScamViruS]

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?.

This hype was created like all other hype. And the hype created quickly does not stay in the market for long. Tiktok is likely to be banned in many more countries. In the days ahead, it will be understood what may come. The people who created this meme know how to use this hype. They know how to bring new investors into the market. As soon as this tiktok hype was created, the dumper group set their profit target. You can now see the results.

[LbtalkL]

I don't think so, I guess there is no connection with dogecoin and tiktok. Tiktok is just a social media platform used by some doge supporters/traders to advertise and promote dogecoin. This coin already exists without this said tiktok platform so the answer is, it depends on the traders and market. Either this app getting banned in several countries there is no real connection, doge is on the exchange they can buy it anytime and we have so many alternative platforms to advertise. Even without advertisement, the nature of crypto is going up and down.

[Fundamentals Of]

I don't think so, I guess there is no connection with dogecoin and tiktok. Tiktok is just a social media platform used by some doge supporters/traders to advertise and promote dogecoin. This coin already exists without this said tiktok platform so the answer is, it depends on the traders and market. Either this app getting banned in several countries there is no real connection, doge is on the exchange they can buy it anytime and we have so many alternative platforms to advertise. Even without advertisement, the nature of crypto is going up and down.

That's right. Even before Tiktok gained the attention of the public, even before Tiktok even got into the market, or even before it was developed, Dogecoin was already in the crypto market. And to be fair, even if Dogecoin was never taken very seriously by a lot of crypto fans, it was always ranked in the top 50.

[andra73]

Not likely but it did actually already.
The push for Dogecoin can be rinse and repeat by another influential social media person or a known crypto person.
That's what happens all the time in alts.

but I don't think that will happen anytime soon. surely something that happens shortly and almost at the same time will not have an impact on the market. some people have good experience of this but some also experience problems because their capital has not returned. such situations are not easy to repeat.

[chip1994]

that will certainly be affected, but banning tiktok is just a plan. Many countries now have populations that can make a lot of money on tiktor and removing it will cost a lot of jobs and certainly GDP will drop, so banning tiktok takes a lot of time and effort. . In the short term, I still think Dogecoin is growing strongly, but in the long term, I'm not sure because Anonymous has warned that Tiktok is stealing a huge amount of information from users. Anyway, we should consider investing in Dogecoin in the long term.

[South Park]

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/

When the growth of an asset is based on nothing but hype then we see something very similar to what we are seeing on dogecoin, we see an abrupt rise on the price and then a crash, with this in mind it is obvious the growth was simply unsustainable as there was nothing backing it, I just hope that not many people lost their money but knowing how this market works I will not be surprised if a few whales were able to dump their coins on unsuspecting investors that believed this was their opportunity to make a lot of money only to lose most of their savings in a matter of days.

[Lanatsa]

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?.

We know that Hype doesnt last forever and there would really be a time that this will deplete out and price starts to crash even if Tiktok wont be banned on said countries that you had mentioned.

The only thing on why Doge had pumped out because it did really make out some hype yet we know that it can drive market prices on unexpected levels but as anticipated

this wont really last up much yet we know the difference of price that had been organically risen up compared on short high spikes.

[StephenJH]

Until now, "Tiktok" has not been banned, but prices have begun to fall. This is just a short rally of DOGE and the price will definitely return to its original position soon. I just hope Bitcoin can go up and it will help Doge and all this altcoin grow in the long term, not just pump and dump like they are right now.

Yes indeed Tiktok has not been banned, but we can see that Dogecoin has already started decreasing. Tiktok has affected so well on a rally of Doge and made some interest for people in investing in dogecoin. Dogecoin is not so the best choice for investing in, as you above mentioned when BTC rises up, we can see that altcoins will start to follow this movement. However, Dogecoin will not be among these altcoins. Instead of this coin, we must focus on other altcoins.

[bbc.reporter]

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

[Shasha80]

No need to wait for TikTok platform to be banned, now DOGE prices are starting to dump. What makes DOGE pump not because of TikTok,
but rather a number of influencers who influenced the crypto community to make the DOGE price reach $ 1, and after that there was hype.
Many newbie's finally FOMO and buy DOGE at the top price, now the influencers are enjoying profit.

[michellee]

No need to wait for TikTok platform to be banned, now DOGE prices are starting to dump. What makes DOGE pump not because of TikTok,
but rather a number of influencers who influenced the crypto community to make the DOGE price reach $ 1, and after that there was hype.
Many newbie's finally FOMO and buy DOGE at the top price, now the influencers are enjoying profit.

I believe that without TikTok, dogecoin will have time to increase, but I don't know if the price can touch $1 or not because that will need big demand at the market. After that moment, dogecoin price is down and almost back to the last lower price, but dogecoin will have a chance to increase higher in the future because the bull run is not coming for now. It is a good time to buy more dogecoin because it can be back to the lower price.