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Author Topic: If Musk doesn't tweet Dogecoin, can it still soar?  (Read 3056 times)
AzamNurWahid
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May 16, 2021, 02:03:26 PM
 #241

let me remind you that Elon wasn't the only celebrity promoting Dogecoin. There were a bunch of others, such as Mia Khalifa, Jake Paul, Snoop Dogg and Mark Cuban.
yes, but there are many of them did not succeed in making Doge Pump, only Elon Musk was able to do that because indeed Elon Musk followers are mostly billionaires, so it is very easy to play with money and market manipulation

Chathusand
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May 16, 2021, 08:19:35 PM
 #242

Doge will not be the same as it is now. Coins with a specific goal and no real intention would not be able to fly without help. We'll see that there are several coins that look like doge, but are they identical? As a result, elon musk plays an important role in the doge pump; if he loses confidence, the doge can return to its original location.
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May 16, 2021, 08:36:45 PM
 #243

Doge will not be the same as it is now. Coins with a specific goal and no real intention would not be able to fly without help. We'll see that there are several coins that look like doge, but are they identical? As a result, elon musk plays an important role in the doge pump; if he loses confidence, the doge can return to its original location.
It won't be the same as before and even if Elon keeps on tweeting about the development of it. People are now scared of what he's doing in the market.
The market is tanking although Dogecoin is included on it, the market keeps on dropping due to his tweets again and as well as there might be whales who have been selling because of him.

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Asuspawer09
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May 16, 2021, 08:59:21 PM
 #244

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, Shiba, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?

I think it is gonna be a different path if Elon Musk doesn't tweet about the DOGE coin, I mean if your a DOGE coin holder and you do your research about DOGE coin you know that it is just a meme coin and Elon musk is a big part of the coin and probably the best thing that happened, I mean the founder doesn't even believe on it anymore because he knows that it doesn't have any utility.

Probably it might pump a little in the altcoin season but if the big pump of Elon doesn't happen I don't think it will be the DOGE coin that it is today, I mean a lot of DOGE coin believed that dogecoin will be used as a currency of Elon musk meaning Elon musk is giving DOGE coin the utility like for example when buying a Tesla.

A lot of meme coin is popping up just because of the success of this DOGE coin, and thinking that crypto doesn't really need a utility, what it needs is a community just like what DOGE coin has.

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seleme
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May 16, 2021, 09:23:19 PM
 #245

Dogecoin is one of the shitcoins and this project has not any purpose, if Musk doesn't tweet about Dogecoin, no doubt this coin has not chance to get up. But Elon Must tweets still about this coin and a lot of people prefer following the prediction of Elon. More than that people can buy Tesla with Dogecoin instead of BTC, this decision affects also the price of Doge. However it is still risky for me to invest in this coin, everything is possible and we should be aware.

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May 16, 2021, 10:01:48 PM
 #246

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?
Yeah. It was getting little adoption without elon musk influence but you can't compare the rate to now. Elon is just disturbing the market with doge hype and all... He even posted for space x to accept doge as a means of payment and pause  bitcoin on tesla

Or is there only only one unique Dogecoin?
must gave it a little hype. but dogecoin was already growing and getting community adoption by itself. even if must didn't tweet dogecoin. it would still grow with the time. it may not surged that fast as now. but it would eventually worked out.

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.
Yes. I also think that doge is unnecessary given so many attention and adoption without any good technology and use case. if that much shout outs was given to a good project a deservering project that would been a lot better for both the community and the project as well.

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May 16, 2021, 10:14:07 PM
 #247

If Elon doesnt tweet dogecoin it wont gain huge investors. It only became popular and attract the investors because of his tweet since he is a well known personality and has many supporters. Its quite risky to invest because doge is only a meme coin without real purpose, many shitcoins are also sprouting following this peg since it became a hype.

But i'd rather invest in coins with utility than to these meme coins whose relying on tweets of popular person to make an impact on their coins and gain investors.

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May 16, 2021, 10:18:44 PM
 #248

It's clear that Elon made the doge pump. In fact, lots of people didn't know Dogecoin before Elon made the tweets, lol. besides that, this is also quite a high risk in my opinion, because Dogecoin doesn't have a clear use case, but has a quite high price.

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May 16, 2021, 10:37:08 PM
 #249

Indeed, when Elon quits pumping doge, I believe doge will come to an end, because when the major player behind the doge pump quits, the person behind him who is his fan will also cease, and odds are doge will crash and return to being a meme currency like it has in the past.

we can't deny that one reason for its pump is when he said those sugar-coated words to lure those innocent people to invest in dogecoin. He also has the media ready to support his view and this is one reason why those billionaires guys are scary in terms of what they will promote because after they get what they want, the coin will be nothing anymore. the main problem here is those people who invested in its last part, where they think the price will rise even more because they trust guys like him when it comes to this kind of investment strategy.

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May 17, 2021, 10:55:39 AM
 #250

yes, but there are many of them did not succeed in making Doge Pump, only Elon Musk was able to do that because indeed Elon Musk followers are mostly billionaires, so it is very easy to play with money and market manipulation
That's pretty obvious, and now Dogecoin has started to drop about 5% in the market, and do you think that this thing will recover soon on Dogecoin and will have its next pump in the near future?

See.. Elon Musk is continuously tweeting against Bitcoin for the last few days. But it only had a limited impact on the prices. We lost around 20% versus the USD. On the other hand, can you imagine what would happen, if he disowns Dogecoin? It will lose at least 90% of its value within a day or two. And I strongly suspect that it may happen. Elon's ultimate target is to come up with his own shitcoin (similar to the plan Mark Zuckerberg had). After all, he is greedy and want to profit out of the cryptocurrency sector.
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May 17, 2021, 04:35:32 PM
 #251

Dogecoin rose in price only thanks to Ilon Musk. Dogecoin followers had hoped that Ilona's appearance on SNL would push the price towards the dollar, but this does not seem to be the case. I don't think you need to invest your money in Dogecoin, much less in Shiba. This is a very risky investment, and I stay away from these coins.

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May 18, 2021, 09:42:37 AM
 #252

Fact is he doesn't stop tweeting and now even announced a collaboration with DOGE developers. It depends on what he tweets and now that he announced a partnership I think a lot of investors hold their breath until they might reveal quite the surprise. For so long most of them will hold their DOGE.
What partnership you are talking about, he is trolling the market and the investors are finding this as an opportunity to pump the coin, all you need to remember is that the market will come down crash and hence be careful whenever he tweets about it. I think the coin has reached its all time high valuation and there is no way it will move further.
So anyone planning to invest now should do so considering the high risk.

When you say that there is no way it will move further, what did you think when DOGE hit $0.20 for the first time? Did you think it can go to $0.50? Or did you think there is no way it can move further? I wouldn't say it can't move further. With the right PR and billionaires pumping it, I don't know how far it can go, but it might go even higher than last time.
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May 18, 2021, 12:31:03 PM
 #253

Dogecoin would have still soared without Elon Musk, but definitely not this much. A lot of manipulation is going on with shitcoins such as Doge. And many of them would have naturally gone up thanks to the bull run with Bitcoin. But Doge has gone up a lot even compared to the other shitcoins and the primary reason for that is Elon Musk. And let me remind you that Elon wasn't the only celebrity promoting Dogecoin. There were a bunch of others, such as Mia Khalifa, Jake Paul, Snoop Dogg and Mark Cuban.

Oh, I have never heard of that. Other celebrities aside from Elon Musk promoted Dogecoin. Then why the hell people are hell bent on putting the sole blame to Elon Musk about Dogecoin or Bitcoins issues? Should the celebrities all share the blame? Anyway, I don't really care if there is someone to blame or not. All I care is that whatever decision you do on your coin, it is your fault and no one else, should it fail. I would like to see Doge reach good heights but I want to see it rise because of the community and not because of personalities.

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May 18, 2021, 03:24:58 PM
 #254

In my opinion, if Elon Musk doesn't support Dogecoin with his tweetan, DOGE will not soar as it is today, which before DOGE was a coin meme in crypto, I personally have no interest in investing in this altcoin, and I'm sure Dogecoin will experience bad things.  after Elon Musk left Dogecoin,

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May 18, 2021, 05:34:15 PM
 #255

Dogecoin would have still soared without Elon Musk, but definitely not this much. A lot of manipulation is going on with shitcoins such as Doge. And many of them would have naturally gone up thanks to the bull run with Bitcoin. But Doge has gone up a lot even compared to the other shitcoins and the primary reason for that is Elon Musk. And let me remind you that Elon wasn't the only celebrity promoting Dogecoin. There were a bunch of others, such as Mia Khalifa, Jake Paul, Snoop Dogg and Mark Cuban.

It's all about Elon Musk these days. Once he gets bored of Dogecoin, expect prices to go all the way down the drain. You can never expect much of a cryptocurrency that's been abandoned by developers some time ago. Things would've been different if new developers (or previous ones) "revive" the project. Elon Musk is a wealthy enough to help contribute towards the development of Dogecoin. If he decides to do this, then DOGE will be on a path towards a better future. What I'd like to see is added scarcity for Dogecoin and a switch from PoW to PoS. Once that happens, the price of DOGE will pump like crazy.

Nonetheless, Dogecoin's adoption is still limited compared to other cryptocurrencies on the market. Competing coins like Ethereum, Binance Coin, and even Bitcoin itself have fared better than Dogecoin over time. What we're facing now is just a temporary "bubble" that will "pop" in the long run. Newcomers into DOGE better watch out, before all of their investment go all the way down the drain. With or without Elon Musk, crypto will be here to stay for a long, long time. Just my thoughts Grin

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May 18, 2021, 05:42:12 PM
 #256

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, Shiba, HOGE, who will be the next Dogecoin?

Or is there only only one unique Dogecoin?

Don't expect other meme coins like Shiba to go to the moon as dogecoin is currently moving. The only reason why there is so much hype about doge is because of Elon Musk and i am sure he won't pump other meme coins. I see many new meme coins coming in the market saying they are doge killer, believe me they are not.
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May 19, 2021, 04:50:41 AM
 #257

Too many copy of Dogecoin on the market so becarefull to invest  in. I think Dogecoin just memecoin and the price soar only based hype, and this bull trend of Doge can be turn in to downtrend if the hype reduce. I prefer to make invest in smart contract platform that really solve the high transaction fee and network congestion.

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May 19, 2021, 06:38:38 AM
 #258

It's a community meme coin, the holders have the power, I think must just take advantage of the situation, since he is a well-known figure maybe he just bought a lot of dogecoin and fuel the pump for him to earn money just like BTC, this person takes advantage of some traders who just follow the flow of trading, with that he pumps the coin until the price he likes and take profit of it, the coin really don't need Elon, seen people get broke because of this, the coin can pump even without Elons help.

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May 19, 2021, 05:38:06 PM
 #259

It's a community meme coin, the holders have the power, I think must just take advantage of the situation, since he is a well-known figure maybe he just bought a lot of dogecoin and fuel the pump for him to earn money just like BTC, this person takes advantage of some traders who just follow the flow of trading, with that he pumps the coin until the price he likes and take profit of it, the coin really don't need Elon, seen people get broke because of this, the coin can pump even without Elons help.

His influenced made many people believe that this coin will go to something that will be very useful in the long run, not thinking of anything but because of maybe greed or trusting the wrong person behind.

A lots of investors who got trapped with how doge are behaving right now, with the entire market of crypto are falling those who can't wait are embracing the fact that they are losing portions of their investment.

Selling while they still have some value and accepting the fate of their money.

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May 21, 2021, 06:26:53 AM
 #260

It's a community meme coin, the holders have the power, I think must just take advantage of the situation, since he is a well-known figure maybe he just bought a lot of dogecoin and fuel the pump for him to earn money just like BTC, this person takes advantage of some traders who just follow the flow of trading, with that he pumps the coin until the price he likes and take profit of it, the coin really don't need Elon, seen people get broke because of this, the coin can pump even without Elons help.

Indeed, he uses his popularity to manipulate the market. He knows that a newbie would easily follow the hype and that makes him richer. He can't be serious with his statement that Bitcoin uses more power and they'll stop accepting it, that's a way to dump the market and he was successful doing that.

Doge is still serving, in fact, it still has a good price but without the success of bitcoin, eventually, Doge will fall.
Expect some bad news about Doge coming from Elon, he might dump it, lol.

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