If Musk doesn't tweet Dogecoin, can it still soar?

[Iyanu14]

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？

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[iv4n]

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？

As I remember, the last post from Musk about Dogecoin was ,more or less, negative! He said he will not talk about it more before Dogecoin becomes more "decentralized"! He said that 6 (If I remember correctly) hold the majority of coins in circulations! So they control the Dogecoin market! Or at least they are able to do it!

But since that tweet, Dogecoin made nice progress and in one moment went x3 from $0.05! Who knows what is happening here exactly, we should be aware that we talk about Dogecoin, it's a kind of paradox in crypto, at least in my opinion!

I am not aware of other "Dogecoins", there is only one Doge!

[cryptobull27]

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.

[acener]

Nope I don't think so it only soar before because of WSB and the latest pump was made by Elon Musk tweet.
If those two didn't pay attention to Doge I think it would still be stable as it was before.
It only gain attention or gets pump because of those two without them Dogecoin wouldn't gain too much.

[lobo13hf]

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. 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.
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.

[Kayum10029]

Elon Musk only tweeted about dogecoin but he didn’t show a headache with other coins.  The skyrocketing behavior of the current market has had an impact not only on doge coins but also on other coins.  In this case, Elon Musk alone should not be blamed.

[Koro-Sensei]

Nope it wouldn't. I believe that Mr. Elon just hyped this coin up and many are expecting that DOGE coin would go up to 1$. Elon's tweets probably got the attention of many whales out there and trying to manipulate the market as how others are currently doing.

[kidbounty]

I don't know, but musk has a big impact on the doge pump. without him maybe the doge will only be seen as a meme coin. and if there is no him, the doge can still rise but not as high as when he supports him. as you said doge is a special coin and no other cheap coin can follow doge.

[Luffygroove]

I saw the dogecoin phenomena as a euphoria. Elon Musk is a great figure in business and as far as I know, there's no high-profile businessman before Musk who really enthusiastic about cryptocurrencies. May I mention Warren Buffet? He's a crypto anti for sure. That's why Musk's tweets affecting the crypto community so much. Cryptocurrency is actually about people, about community. It's come from the community, for the community, and moved by the community. So it's not strange if people or communities can make a project pumped or dumped so much, apart of it has utilities or not.

[777Jolami]

Without Elon Musk, there wouldn't be a tendency in the community to enjoy the meme movement with enthusiasm.  I think Elon saw a real opportunity to gain attention and make memes gradually form a habit in the community.  And everything, if Elon didn't twitter strongly about it, Doge would go in a very normal direction.  Indeed, Doge has benefited too much from this year's immense support.  Too much difference

[deathcode]

I don't know, but musk has a big impact on the doge pump. without him maybe the doge will only be seen as a meme coin. and if there is no him, the doge can still rise but not as high as when he supports him. as you said doge is a special coin and no other cheap coin can follow doge.

The momentum created by Elon made the Dogecoin market stronger and more adoption from the market.
what is done is not related to the function of Dogecoin. but we can see how much of the crypto community is also following what Elon is doing.
I hope Dogecoin gets better not only because of the memes Elon created. but has clear functionality for future market developments.

[mu_enrico]

I think coins that have enormous user base (community) have the chance to soar, doesn't matter if it's Musk, McAfee, or even Calvin Ayre, lol. They are all marketers who can influence the market. It's insane if you think about it, when a single person can move the market. I'm not talking about Soros who actively short Baht to rekt the SEA market, but a simple tweet from a celebrity.

You know who is more popular than Musk? Donald Trump! Ask him to shill some coin and you will see "the pump that you have never seen before."

[iTradeChips]

Nope I don't think so it only soar before because of WSB and the latest pump was made by Elon Musk tweet.
If those two didn't pay attention to Doge I think it would still be stable as it was before.
It only gain attention or gets pump because of those two without them Dogecoin wouldn't gain too much.

I would definitely agree to what you have said. Without Elon, then DOGE would stay as an obscure, meme coin and it previous price would stay that way. I think it would take another billionaire to deal with DOGE and make public announcements about DOGE before we expect this coin to go back up again. Right now the price is staying at around 100 to 200 satoshis which for me is still a big amount when it comes to DOGE. I do hope the price would go back down to its original like 26-30 satoshis.

[Anonylz]

Well if you look at the time when dogecoin started to gain traction and pump, it is safe to say Elon tweets has a huge influence over what has been happening, probably the moment he stop tweeting about dogecoin the hype may reduce together with the price, however, if the price pump is not only as a result to Elon's tweet but as a result of other updates, dogecoin price could be sustained to some extent even if it correct down, although Elon presence has had a huge impact on dogecoin price, that fact can't be denied.

[lionheart78]

I think whale took advantage of the tweet of Elon Musk to pump the price of Dogecoin and have the fullest effect.  I also think that it can still soar even without Mush as long as the whales coordinate and decided to pump DOGE.  At the end of the day it isn't just Musk that pumped the price of DOGE but the whales that is into pump and dump scheme taking advantage of whatever the news that can be use to make their plan easier.

[Tellek Garing]

yes it may still soar but it's not like current price now maybe only $0.02 or $0.03
elon musk has many friends and partners of rich people so his relatives use elon musk's tweets to trick the market and strangely many musk followers believe him

[Woodie]

As far as I know, dogecoin was dying a slow death, almost writing the history books as we say goodbye, then from out of the blue.. Musk happened and his been on Doges case ever since and everyone whats a piece of the coin, exchanges are listing the coin ,we are using Doge once again for crypto payments.

Without that Doge tweet I don't see dogecoin surviving, should Musk walk away it will go back sleep.

[LUCKMCFLY]

I think that at the moment with the confusion that there is with Elon Musk and that he is clarifying, I should not even make a tweet, once the news is known to the whole crypto world, I think that after the clarification there yes, because Elon Musk did not sell no BTC, and taking into account the immense influence of Elon Musk again caused great and massive emotions in people.

Earlier today, Elon Musk tweeted in response to Dave Portnoy's war tweet that Tesla had only sold 10 percent of its BTC to prove Bitcoin's liquidity, but Musk also said that he had not sold any of his Bitcoin, thus confirming that he also owns BTC.

Musk continues supporting DOGE with his tweets, recently taking it to the $0.44 all-time high tweeting a Shiba Inu (the symbol of DOGE) barking at the moon.

Source: https://u.today/dogecoin-is-better-than-any-lottery-tickets-billionaire-mark-cuban

I think that if it is still possible for an Elon Musk tweet to move the price, many like Mark Cuban are trusting much more in Doge and continue to promote it, as things are going, it is a good time to buy something from Doge.

[TribalBob]

As far as I know, dogecoin was dying a slow death, almost writing the history books as we say goodbye, then from out of the blue.. Musk happened and his been on Doges case ever since and everyone whats a piece of the coin, exchanges are listing the coin ,we are using Doge once again for crypto payments.

Without that Doge tweet I don't see dogecoin surviving, should Musk walk away it will go back sleep.

ya ya ya .... back to sleep long like before.
hopefully not so Doge will always surprise the holder, because doge lovers are already a lot like the big doge community will progress and develop like other coins
HOPE

[aTriz]

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？

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.