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Author Topic: If Musk doesn't tweet Dogecoin, can it still soar?  (Read 3056 times)
XCANA
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April 27, 2021, 01:48:07 PM
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 #21

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?
Basically Dogecoin has gain some popularity from crypto-world and from here it can survive the test of times even though Elon Mush doesn't tweet about the coin. But, how such a coin from the scratch move from it lowest to All-Time-High by a single man tweets and the man will abandon such project for another?, i don't think Elon Mush is ready to give up on Dogecoin, not even when it hit the $1+ in a short distance time from now. (NFA) - Buy Dogecoin while it last.

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April 27, 2021, 01:56:41 PM
 #22

It's getting succeed caused by the big whales, we didn't know whether this is musk or not who have been bought billion of doge coins. You can see the majority of total supply getting controlled by a few addresses.
With that information, it's very difficult to determined who's or who are behind it knowing that Musk knew about the consequences if SEC chased him with his crypto investment, he won't take that risk for sure.
Quote
There will be no next doge coin. Doge is only one and another shitscam coin that used the doge's popularity will be dead soon.
We don't know what are plans behind, but if you are not ready to lose your money. More better to stay away from this coin.
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I have been learning a lot from the various garbage coins that used the name of YFI when this coin got popular in the past.
We need to use both knowledge and experienced to trace and take or opportunities inside this market.
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April 27, 2021, 02:00:26 PM
 #23

If he managed to do this once, then subsequent times will raise the price of the coin even more, since people already know that the words of a billionaire greatly affect the price. But I think the special services will be seriously interested in Elon Musk, as this will be regarded as manipulation in the market

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April 27, 2021, 02:04:11 PM
 #24

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?

I believe no! The only reason dogecoin went through the roof is because of the stellar support and free promotion from Elon Musk. If the price had to increase only because of the merit of the coin, we would have seen that earlier. But that never happened and it went up only after the support from Elon Musk.

However, since now a big percentage of the crypto mass is buying dogecoin, the rally could continue and it may not go back to its previous price point.

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April 27, 2021, 02:24:28 PM
 #25

It seems that if there is no tweet from Mr. Elon Musk it looks like the Doge Coin price will remain below the current price increase,
actually this is a great opportunity to increase the price again, and maybe everyone wants a very high price again. from the current price to the doge coin price
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April 27, 2021, 02:38:09 PM
 #26

It's just because of Elon Musk why the doge went pump, Elon is always promoting doge you know but if Elon Musk is stop tweeting about dogecoin, I believe the price of doge will still increasing but slowly because many people still believe that dogecoin is a good investment.

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April 27, 2021, 02:40:18 PM
 #27

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?
No it will never happen, Dogecoin wouldn't be the way it is today without elon musk sensational tweet. I've been paying attention to Dogecoin for a long time, since it was first created, Dogecoin is always running in place, maybe because Dogecoin was created just as a joke to mock the sensation of cryptocurrency and bitcoin that was growing at that time, so that investors are not interested in investing there.
But after Elon Musk tweet about Dogecoin, suddenly investor eyes are on Dogecoin, and they are competing to buy as many Dogecoin as possible so as to make the price of Dogecoin soars in a very short time.

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April 27, 2021, 02:43:54 PM
 #28

That's where DogeCoin's weakness is as one of the coins that wouldn't have grown this great without Musk. maybe the price will not be this expensive, the services of an Elon for DogeCoin are very large. and we saw what DogeCoin would be like without Elon ?. remains a coin that has a narrow space.

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April 27, 2021, 02:55:54 PM
 #29

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?
I believe Elon Musk just triggered the dogecoin markets and it may grow from here onward on its own because I do see lots of people started using dogecoins for their everyday transactions due to its low fee nature. This will kind of spread out everywhere like how bitcoin and other coins are doing right now.

I believe another coin imitating animals or dog meme in particular may not be successful like how doogecoin has done in recent times. It would be safer if we are not at all considering any of them for investment purposes.

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April 27, 2021, 03:06:57 PM
 #30

Dogecoin can 10x on its own judging from its performance in 2017-2018 but not to this extent, Elon musk chilling doge will surely brings in more buyers and even the bigger whales
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April 27, 2021, 03:16:26 PM
 #31

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?

IMHO, I believe Elon's Musk tweet has also a contributing factor to all meme coin pump, Because we all know how influential he is, and the crypto market is also working this way meaning it can easily react to any information whether it's bad or good and because Elon Musk is a successful Businessman many investors mostly risk-takers have to considered it as an advice and willing to gamble in the name of profit, just because it was came from one of the worlds richest person. But it is just my opinion and I'm not sure about it.
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April 27, 2021, 03:29:22 PM
 #32

That would be so hard for Doge to go up if no one as big as Elon Musk has tweeted something about that. For so long, it was considered a joke coin and a shitcoin and without Musk, I believe it's still like that.

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April 27, 2021, 04:08:35 PM
 #33

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?

I think dogecoin needed that public attention that came form the musk tweets back then. Now that Doge is already on the radar of everyone inside the crypto space and even of a lot of people who are not involved in cryptos yet i don't think that Doge needs constant tweets from famous people to remain at the current price lvl or to even rise in price again.
To you second point: I believe that there is only one Dogecoin out there and i was kinda irritated that people really bought all those clones like shiba, akita, husky and so on. Shiba has still a large trading volume but the other ones are pretty much gone again already. Elon is trending today on dextools though.  Roll Eyes
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April 27, 2021, 04:18:36 PM
 #34

I don't know why people are so interested in trolls, there are some coins and tokens which are now being used by big institutions for use in real world. So many undervalued coins. I feel doge is literally eating the space of other good coins and it will eventually be corrected one day for sure.

I agree with you, because investing in Dogecoin for now is very risky (the price has risen very high and there is a possibility that the price will be corrected), therefore I would rather recommend you to invest in a project that already has a product, because the risk is smaller than investing in Dogecoin at this time and cryptocurrency that I recommend for you to invest is :
1. BNB
2. CTSI
3. XTZ
4. DOT
5. UNI

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April 27, 2021, 04:25:43 PM
 #35

I believe doge can come here for elon musk. I think elon musk will continue his tweeting before doge becoming more decentralized. But, If elon musk stop twitting doge,  then i think doge will nlbe survive as well.
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April 27, 2021, 04:34:28 PM
 #36

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?
I think yes, some big groups maybe use it as a chance to pump dogecoin, and then people who see dogecoin pumped will buy it too. It make chain effect for dogecoin price itself and usually it happen when good or bad news come it will affects on crypto.

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April 27, 2021, 05:32:04 PM
 #37

I don't know why people are so interested in trolls, there are some coins and tokens which are now being used by big institutions for use in real world. So many undervalued coins. I feel doge is literally eating the space of other good coins and it will eventually be corrected one day for sure.
This is the harsh truth of life, our world is very multifaceted and there are many opinions and everyone has the right to this, and money is the main catalyst for movement. Therefore, there will be projects like Doge.

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April 27, 2021, 05:40:46 PM
 #38

It's possible that if Elon Musk doesn't campaign anymore then the Dogecoin price will stagnate and won't be as volatile as usual. I think the increase in the price of Dogecoin is solely due to the hard work of Elon Musk and the investors that Elon Musk has invited. Elon Musk is a very influential person in increasing the price of Dogecoin

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April 27, 2021, 07:04:37 PM
 #39

Well i don't think soo now dogecoin needs elon mask. Because elon already made a trend and something becomes a trend they don't need promotion again. Well thats true when trend finish project got affected little but we have to admit that dogecoin already attract the whole crypto market and whole crypto investors. Dogecoin achieve their trust and made them fall in love with doge. And doge already spoted a rank on coinmarketcap which already a altime best promotion for all time so i don't think soo that dogecoin needs elon mask tweet to roar again. Well that's might get a little push when elon tweet again about doge we must admit it.
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April 27, 2021, 07:24:54 PM
 #40

Dogecoin is a coin without team and core technology, but Musk made it appear in the general public. Many people who are not cryptocurrency traders are buying Dogecoin, just like buying BTC. Why does it succeed? Is it just because of Musk? Dogira, Shibi, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?
Team started Dogecoin as a meme coin or a joke to crypto-currency. But many crypto users take it seariously and influencers continuously making post of dogecoin to be at $1. In the meantime, Elon also started to tweet about it which get the attention from non-crypto users and people get into fomo to buy it more. So, it's just an hype and don't get into this if anyone don't want to get rekt. BTW, all other alts which is mentioned, are same like shitcoins as those coims are pumping because of the hype and others think that those will be pumped like dogecoin. But reality isn't like that and soon hodlers of those will be rekt when this hype will be gone with the current bull market, IMHO.

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