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Author Topic: If Musk doesn't tweet Dogecoin, can it still soar?  (Read 3056 times)
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May 23, 2021, 04:24:31 PM
 #261

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.

He is still tweeting pretty much as we speak. I am confused whether he really has bigger plans for Doge or not. He has the money to make something happen but why the heck would he want to do that? I think we'll have to wait and find out.

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May 29, 2021, 08:02:16 PM
 #262

It may not have been possible for him alone, but based on his tweets, a lot of investors have grown up inside dogecoin and almost everyone has invested in getting it. Since he is at the top of the list of rich people and many will follow him and use his practice, so the role of elon musk in increasing the value of dogecoin is a lot. Having a strong investor is essential for a project and developed partnership then a token can capture the big market.
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May 29, 2021, 08:31:43 PM
 #263

Dogecoin  for me was going to sleep  not until  the hype man  discovered it and went hard with his marketing via  Twitter.

Tbh without Elon I don't see  doge surviving, which is a fact.  It can't be a coincidence  that Elon started  tweeting  about it and it soared no....all this happened because Elon had a hand in its resurrection,and it's survival depends on him.

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May 29, 2021, 08:42:37 PM
 #264


The answer is of course yes, indeed a few weeks ago elon did make a bad joke about doge and the result was doge free diving but after that what happened? elon again made a good twitt even now planning to leave the doge satellite to the moon, although it is now again a correction but this correction along with the others, does not rule out the possibility that after this decline is over elon will continue his pump against doge, adm is sure if not an elon who pumps a few times to touch a new eth doge won't be like it is now and will still be a meme coin

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May 29, 2021, 09:10:40 PM
 #265

Dogecoin  for me was going to sleep  not until  the hype man  discovered it and went hard with his marketing via  Twitter.
No Elon, no pump. And in accordance of the market drop, Dogecoin is not exempted for it to be part of this correction. I think even with the influential tweets of Elon, there's no way that it can help it back again to the top. It's just so happen that the market was really in the bull market and it's all about the timing that he did. He made some influential tweets that contributed to the topping of Dogecoin but look how down it is today already. For sure he had cashed out if he's one of the whales who had been holding Dogecoin for a long time. Needless to say, many have been fooled around with his real intention of manipulating the market of it rather than really giving help to the new investors. But to those who were able to ride the pump, they are the real mvps.

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May 29, 2021, 09:30:46 PM
 #266

It may not have been possible for him alone, but based on his tweets, a lot of investors have grown up inside dogecoin and almost everyone has invested in getting it. Since he is at the top of the list of rich people and many will follow him and use his practice, so the role of elon musk in increasing the value of dogecoin is a lot. Having a strong investor is essential for a project and developed partnership then a token can capture the big market.
l think also that without Elon Musk's support Dogecoin could not anything, that is why this coin was made only for joking, and no doubt this coin is one of the shitcoins. There are a lot of people who follow Elon Musk and believe in him. For this reason, the price of Dogecoin can get up so easily, but to tell the truth, instead of somebody Elon Musk gives a huge opportunity for people to get money. It seems most people are so happy with this situation.
We have to ask ourselves, of all the good altcoins out there, why would Elon choose to pump a meme coin, it's clear that it's only for his personal interest, first he accumulate a huge amount of DOGE then start shilling and he was successful as people are following. That's a very simple logic to understand, and because of that, DOGE might dump sooner with a huge percentage as Elon will just leave it in the air and bagholders will regret.

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June 03, 2021, 09:14:11 PM
 #267

It may not have been possible for him alone, but based on his tweets, a lot of investors have grown up inside dogecoin and almost everyone has invested in getting it. Since he is at the top of the list of rich people and many will follow him and use his practice, so the role of elon musk in increasing the value of dogecoin is a lot. Having a strong investor is essential for a project and developed partnership then a token can capture the big market.
l think also that without Elon Musk's support Dogecoin could not anything, that is why this coin was made only for joking, and no doubt this coin is one of the shitcoins. There are a lot of people who follow Elon Musk and believe in him. For this reason, the price of Dogecoin can get up so easily, but to tell the truth, instead of somebody Elon Musk gives a huge opportunity for people to get money. It seems most people are so happy with this situation.
We have to ask ourselves, of all the good altcoins out there, why would Elon choose to pump a meme coin, it's clear that it's only for his personal interest, first he accumulate a huge amount of DOGE then start shilling and he was successful as people are following. That's a very simple logic to understand, and because of that, DOGE might dump sooner with a huge percentage as Elon will just leave it in the air and bagholders will regret.

Maybe he is the initial developer! Is it known who developed Dogecoin? But even then it could have been Elon who just hired two developers and said hey build Dogecoin and let us have some fun in the future. Damn with Elon nothing is impossible I feel.
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June 04, 2021, 04:51:55 AM
 #268

No, i don't think so, Doge is sour just because of elon Musk , Without Elon Doge coin is nothing and just a shit meme coin.

For altcoins, there can be two reasons for a pump - first one is pure hype, and the second one is a real increase in adoption and acceptability. With Dogecoin, I don't really think that there has been any improvement in the adoption numbers for the last few years. So it has to be the first reason. Now the second question is for how long this hype can sustain itself. Given the mental state of Elon Musk, I would say that it is just a matter of time before he comes against Doge.

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June 04, 2021, 06:08:31 AM
 #269

No, i don't think so, Doge is sour just because of elon Musk , Without Elon Doge coin is nothing and just a shit meme coin.

For altcoins, there can be two reasons for a pump - first one is pure hype, and the second one is a real increase in adoption and acceptability. With Dogecoin, I don't really think that there has been any improvement in the adoption numbers for the last few years. So it has to be the first reason. Now the second question is for how long this hype can sustain itself. Given the mental state of Elon Musk, I would say that it is just a matter of time before he comes against Doge.
Agree with you, the hype over dogecoin has been very obvious. Although it can continue to rise and achieve the value that many people expect as reality, it is still just a shitcoin in my eyes. After years of working in this field, I'm still surprised the case of doge coin, still can't believe it Smiley

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June 04, 2021, 06:40:14 AM
 #270

Agree with you, the hype over dogecoin has been very obvious. Although it can continue to rise and achieve the value that many people expect as reality, it is still just a shitcoin in my eyes. After years of working in this field, I'm still surprised the case of doge coin, still can't believe it Smiley

A lot of shitcoins get pumped, and the case with Doge is not something unique. But everytime, those who make their investment close to the peak prices will suffer heavy losses in the end. It is just greed that make people invest in Doge. They know that is doesn't have any technical superiority or good acceptability. Still they invest in this coin because for them potential returns from BTC (2x or 3x in the next few years) is not enough. They believe that they will get 10x or 15x returns for Doge.
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June 04, 2021, 06:46:13 AM
 #271

Dogecoin is only manipulated coin by Elon Musk, he is only the reason why it reaches its new ATH before but now it is now not too trend unlike before because maybe a lot of people now knows what is doing, it is only got hyped by what he has done and those coins that only got hyped because of a single person wouldn't be good for a long term investment.

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June 04, 2021, 07:27:09 AM
 #272

Yes,only one,miracles cannot be duplicated. But i consider even Musk keep tweeting now,Dogecoin can not be soar anymore.
Anyway,if Musk does not tweet Dogecoin at the beginning,Dogecoin can not be surpass $1 in my opinion.

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June 04, 2021, 07:30:29 AM
 #273

Dogecoin is only manipulated coin by Elon Musk, he is only the reason why it reaches its new ATH before but now it is now not too trend unlike before because maybe a lot of people now knows what is doing, it is only got hyped by what he has done and those coins that only got hyped because of a single person wouldn't be good for a long term investment.
Yes, all the events that happened to Dogecoin 90% were the work of Elon Musk who used his trust to manipulate many people in the market, so bad things are now starting to happen to Dogecoin where the pump on Dogecoin has started to slowly disappear.

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June 04, 2021, 07:46:34 AM
 #274

Yes,only one,miracles cannot be duplicated. But i consider even Musk keep tweeting now,Dogecoin can not be soar anymore.
Anyway,if Musk does not tweet Dogecoin at the beginning,Dogecoin can not be surpass $1 in my opinion.
What supported the Dogecoin high pump was when Dogecoin started to be listed on the major exchanges and then Elon came along by taking advantage of the right situation. dogecoin is gaining momentum, but I'm sure it will also have time to break. We all know how the Dogecoin ecosystem was formed and how many of them hold such a huge amount of Dogecoin.
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June 04, 2021, 07:34:19 PM
 #275

Yes,only one,miracles cannot be duplicated. But i consider even Musk keep tweeting now,Dogecoin can not be soar anymore.
Anyway,if Musk does not tweet Dogecoin at the beginning,Dogecoin can not be surpass $1 in my opinion.
It's been tweeted many times even though Dogecoin still hasn't been able to rise to the price of $1 when it pumped well, especially now that the market is still in an unfinished correction, obviously getting to $1 on Dogecoin is an imperfect dream.

If we take his tweets from today who were about bitcoin but in a comic fashion, the price drop was suspiciously close to his tweets. I don't know if his impact is so strong that he can even send bitcoin down. Or his alliance is much bigger than we all know and he is already working with the big ones from the industry who get informed and use his tweet timings to make money of of it.
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June 04, 2021, 11:30:57 PM
 #276

doge coin has no utility or usecase, so its really hard if there is no popular figure shilling dogecoin. if we look doge coin price history before elon start shilling, its only below $0,00xx . and now after elon come and shilling in twitter , its move extremely. so in my opinion it just whales game.
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June 05, 2021, 03:04:08 AM
 #277

it may still go up but not this high, because dogecoin does have a very strong fomo, and many artists or public figures buy doge and spread it on their social media, no wonder many are hit by the fomo and make the price of doge rise very drastically.
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June 05, 2021, 03:38:27 AM
 #278

Agree with you, the hype over dogecoin has been very obvious. Although it can continue to rise and achieve the value that many people expect as reality, it is still just a shitcoin in my eyes. After years of working in this field, I'm still surprised the case of doge coin, still can't believe it Smiley

A lot of shitcoins get pumped, and the case with Doge is not something unique. But everytime, those who make their investment close to the peak prices will suffer heavy losses in the end. It is just greed that make people invest in Doge. They know that is doesn't have any technical superiority or good acceptability. Still they invest in this coin because for them potential returns from BTC (2x or 3x in the next few years) is not enough. They believe that they will get 10x or 15x returns for Doge.
For me the case with doge coin it was completely out of my mind.
I agree with you that there is a lot of shit being pumped, but what I want to mention is its appearance in the top coins of the market, really absurd. But it's okay, everyone will be satisfied if they benefit from it and vice versa.

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June 05, 2021, 03:38:27 AM
 #279

The problem with shitcoins such as Doge is that it takes just one bad news to crash the prices by 80% or 90%. We already saw this with Ripple, and I won't be surprised if the SEC decides to investigate the recent price manipulations being done with DOGE. This coin has gone up by more than 100x during the last 12 months. It is like creating money out of thin air, especially for an asset which has no real usage or proper development mechanism. And given the lack of liquidity of DOGE, I would expect utter chaos in the market if that happens.

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June 05, 2021, 04:30:55 AM
 #280

The venture of the new alts includes copying not always but it happens, in fact Doge is a copy of another currency, so all those shitcoin that are appearing with Dogerean ideas is nothing new, it only shows how easy it is to create a crypto, but to be successful is Another thing, and in fact that success has nothing to do with the project itself and not even with its price.

Doge has always been a popular currency, but with a price that did not show such popularity, it was the right thing to do because his project was not serious at all, well as serious as a meme.

To sum it up, Doge has become the "American Dream" of crypto, e.g. as you see influencers who earn money for doing stupid things on social networks, well its equivalent in the crypto world exists with some currencies, for now the trend is DoGe.

By the way of the aforementioned Shibu got to have 1000% profit, ephemeral fame but it had it, well done for those who took advantage, there are many other Doge out there, waiting their turn.

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