What's reason for pumping doge coin price

[Guljan78666]

Hello Gays can you tell me what reason for pumping dogecoin price I think dogecoin touch 0.10$ soon.

[acroman08]

if you are not familiar with the recent event with GameStop's stock and Reddit users read this thread Re: If you don't know or understand what happened today with cryto read this.
basically, the same people decided to make dogecoin the cryptocurrency equivalent of GameStop

https://www.cnbc.com/2021/01/29/dogecoin-cryptocurrency-rises-over-400percent-after-reddit-group-talks-it-up.html

also, this should be in altcoin discussion there is a move button at the bottom left of the thread.

[fmz89]

Hello Gays can you tell me what reason for pumping dogecoin price I think dogecoin touch 0.10$ soon.

well not gona happen at current pump, maybe later this year, there reason from reddit wsb groups who pump epic gme

the tweet fueling crazy fomo from outside crypto sphere, we know doge pump is such crazy unexpected movement the volume breaking the roof, and passing 2015 ath

[TravelMug]

Yeah, fuel by WSB and then FOMO sets in, typical of a hype for a certain coin like DOGE.

And then when Elon tweets about bitcoin, it spill over to DOGE and other alts as well, that's why the market suddenly goes on a frenzy everyone of them are in the green with minimum of +10% in the last 24 hours.

Maybe we are going to see another altcoin being pump by some obvious groups like WSB and then followed by other speculators to make a quick profit from the super and fast rally. So watch out for the next coin to be pump.

[makishart]

Hello Gays can you tell me what reason for pumping dogecoin price I think dogecoin touch 0.10$ soon.

It's caused by the majority of traders on WSB subreddit was buying doge and WSB has been making it even crazy with so many tweets too.
It's not only that dude but there's another reason too just like the elon mustk who has been giving a very big impact to the pump of doge. You can watch this into the various crypto news site and i guess you will also find a lot of reason.
The majority of traders on reddit was FOMOing doge

[illnino]

Now some will rush to sell their Dogecoins, while others, trying to catch the wave of luck, will start buying coins. Eventually, everything will return to its place. All news is only about the unprecedented rise in the value of Doge. But in fact, the whole point of the crypto market is to catch the right moment.

[bekti3]

Now some will rush to sell their Dogecoins, while others, trying to catch the wave of luck, will start buying coins. Eventually, everything will return to its place. All news is only about the unprecedented rise in the value of Doge. But in fact, the whole point of the crypto market is to catch the right moment.

This moment is called a secret that we did not expect before. Chance Pump Doge to return to the moon or even back to basics as usual. we never know, and trading volume often outwits small traders like us.

[malcovi2]

no reason at all.
the old pump and dump routine that happens sometimes in the dogeworld.

[giammangiato]

Hello Gays can you tell me what reason for pumping dogecoin price I think dogecoin touch 0.10$ soon.

The DogeCoin pump was amazing, the 50% was made by FOMO users and the other 50% from real investors that speculated. We must be careful during this pump because if we don't sell before the dump we risk to lose a lot of money. As fast you go up, as fast you go down!

[batang_bitcoin]

Hello Gays can you tell me what reason for pumping dogecoin price I think dogecoin touch 0.10$ soon.

Not that far to reach $0.1 soon. The reason for its pump is the altogether buying power that's being done by most traders. If they are not from the WSB, they are the usual pumpers of the market that's been here for a while. Whichever the reason for its pump, if you held Dogecoin for a long time and you bought it at a very cheap price, you don't want to miss the pump even if it won't reach $0.1.

[DU18]

The network very often mentioned the fact that the Doge coin is very popular with Elon Musk. And at the moment when Elon Musk mentioned Bitcoin in his tweet, everyone concluded that he would invest his money in Bitcoin, and since Doge is his favorite cryptocurrency, investments in this cryptocurrency are also quite expected. Doge coin and Bitcoin jumped up almost simultaneously.

Doge coin is one of the favorite altcoins of many traders, besides the price is very cheap compared to other altcoins, Doge is also an altcoin that has a large enough community so that with elon musk's tweet stating that Dogecoin is his favorite altcoin, of course this triggers crypto traders and community to buy Dogecoin and with the increasing number of offers on the market, it will certainly trigger the Dogecoin price to pump significantly.