Is May 8 the Dogecoin bubble burst date?

[aoluain]

Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings

https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash

The doge might also hit $1 because it is again 40-50% up after so-called DogeFather Elon Musk tweeted about it and then his blind followers just made huge investment in the market pumping prices to $0.59 on CMC.Doge valuation has now become more than entire Ford and Honda company.And all this because of Elon Musk and people blindly investing on his directions.

No one knows when the bubble will burst for dogecoin but it will happen for sure. It's mainly a meme cryptocurrency and the value of this coin is only skyrocketing just because Elon is supporting it. There is real value proposition behind it.

So unlike bitcoin, dogecoin's value will collapse once the bubble run is over. Just no one knows when it will happen. Till then, mint as much as you can!

This pump and dump scheme will end soon when Musk will cash out his profits but at that time the doge market will crash badly and people will loose huge funds like they have been scammed by some ponzi scheme.His popularity is driving him to manipulate the market with coin with no technical development other than payment option and making meme coin pump so high.But all this is a temporary run and people will shift towards other top cryptos after all this is over.

yea but the funny thing is people are not investing in kt for its merit of being a low
cost payment mechanism, there are plenty of others with cheaper transaction fees.

who ever is holding this $hitcoin, be sure, be very sure you are in a position to sell
because when it bursts its going down fast, those slow to react will be hurt.

[mr.robot8]

I don't know i don't believe Elon Musk's predictions, unless he gives him some other help (tweets?) i don't think doge will reach $ 1 in 3 days, even if in reality i would be happy the higher its value is more other altcoins can be buy

[oleg17]

The bubble with Dogecoin is very inflated, and many do not even guess what they are getting themselves into when buying it. It is possible that the coin will be in trends for a long time and at the top of the entire market. But in a global perspective, this bubble will definitely deflate the fastest)

[JooBra]

The bubble with Dogecoin is very inflated, and many do not even guess what they are getting themselves into when buying it. It is possible that the coin will be in trends for a long time and at the top of the entire market. But in a global perspective, this bubble will definitely deflate the fastest)

If it gets near 1$ its perfect time to go short. I'm waiting for that. If it happens it happens not really interested in hype project like that.

[el kaka22]

Right now it is about 60 cents or so, that’s as high as it has been in history (even though it peaked above 67 cents for a short burst) and that is really unexpected, I believe it will definitely change somethings in the crypto world. With the SNL sketch I am sure that it will not really be a bad deal, it will probably not only go up, it will skyrocket. Don't get me wrong I find this increase as weird as any other old head, these new people who are from WSB I suspect all ended up doing something we couldn't even imagine, they all aped into something they shouldn't but they have done that in GME and AMC as well so I am not shocked about their power.

Plus they are making so much money that they do not care about putting some more into it, they make money from one, put it on other make profit there and put it on the other. So this SNL situation could seriously increase it.

[tabas]

I'm hoping that you will sell it and put your profit in bitcoin. But what if $1 didn't meet by that day? do you have another plan to keep holding it or you're already in profit.
And if that price fails to be seen on that day, you'll sell whatever the price is?

[rahmat86]

Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings

https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash

I think now every time Elon Musk makes a tweet about cryptocurrency it will be a sign that the price of a coin will go up, ELon Musk will use this to easily profit. congratulation holder Doge

[Twinkledoe]

Right now it is about 60 cents or so, that’s as high as it has been in history (even though it peaked above 67 cents for a short burst) and that is really unexpected, I believe it will definitely change somethings in the crypto world. With the SNL sketch I am sure that it will not really be a bad deal, it will probably not only go up, it will skyrocket. Don't get me wrong I find this increase as weird as any other old head, these new people who are from WSB I suspect all ended up doing something we couldn't even imagine, they all aped into something they shouldn't but they have done that in GME and AMC as well so I am not shocked about their power.

Plus they are making so much money that they do not care about putting some more into it, they make money from one, put it on other make profit there and put it on the other. So this SNL situation could seriously increase it.

This is a very interesting game they are playing. If they will really put their funds into this. $1 is very possible for doge. But what happens next is yet to be seen? If it will indeed hit $1, I guess, for those holders, better sell some or all of it. Because high chance that it will go down afterwards. What will be the reason that it can sustain the $1 or more? Are these people going to inject more funds forever?

[BaeSuzy]

The hype of this coin is getting too big. Honestly, I don't like this current situation right now, not because I am jealous that many people have profit from this, but for everyone who being through 2017-2018 period, I'd better invest in a project that has a real product than coin that go up just because of the hype.

[MUG1WARA]

We don't know if the bubble is going to burst or keep getting bigger by then, we just have to wait and see if Elon live show will bring a positive effect on dogecoin or negative effective, for now let's sit back and wait for what's to come, cause sometimes these media houses just make little things look big, sometimes they can even cause panic among crypto users, so don't believe every thing you see on those media websites.

[oscarftw]

Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings

https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash

Finally, we got some news about Dogecoin. Definitely we will see a dump surge of Dogecoin. Whether Dogecoin crosses 1 USD or not, maybe this month we started to get the final value of Dogecoin. After 8 May, we will know how Elon Musk has been pushing up the Dogecoin. Before the fourth quarter of next year, "Dogecoin" will be out of the top 30 altcoins.

[BitTraderCute]

we have two possibilities in that date. maybe fomo will stoped and doge holder will start selling their bag to take profit. just for information doge price already rose extremely and we should carefull if suddenly drop. and second possibility when elon musk said doge was as an alternatif or used as mass coin which is everyone could have it.

[NorvsGanda]

Those people who are holding doge should be attentive and give enough attention to doge market trend starting May 7 to May 8. Those dates are so dangerous because millions of people are waiting and taking an eye for doge to pump. If they didn't watch its trend, they could lose and left in the air in an instant.

[mamiko]

dogecoin has become such that it only survives on tweets. Without tweets, Dogecoin would not be able to rise at all. Of course, I think Dogecoin will fade out one day. it can't go like this forever. these rises are hollow ascents. it shows rises that can easily decline. Dogecoin is a coin that is invested only for the purpose of enrichment, understood as a tweet investment order and put money.

[eaLiTy]

Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings

It obvious that everyone now wants the price of Doge to rally to a extend that we never thought possible and what surprises me is that the price keeps on rallying and if you think that it will follow the same path like XRP then they rallied from that slump and the reasons behind that correction was the SEC lawsuit and still it was able to overcome it and cruised over a dollar after that crash.

[yua_na]

I own 0 doge and i have been supporter of cryptocurrencies since 2014, it is really scary if dogecoin bubble burst. Look at this coon rich list. Many people will dump it, their github littlebit active nowadays but its not indication this coin is worth $0.60. Let see what happen in 8 may.
What do you expect from coin that only up because one person tweet ?

" Buy rumor sell news "

[SyndicateLabs]

I have heard about the developments up to that date, I have been working in the field for many years and I have also extracted 10% of my assets to buy doge coin since it was noticed by Elon Musk at that time. It costs around $0.004 and I am sure it will be fomo higher than $1, although I also think it is risky and those who are using all their assets to join are really stupid when they are in short supply formula for this market.

[cyriljundos]

How amazing to see doge coin price is very high. Elon musk supported doge coin and even big company is engaging en doge coin now, when i started in crypto world doge is only at 20 sats and now doge is in top5 in marketcap. Literally doge coin is in sleep for years and now dogecoin is making all time high and everybody is keep buying.

[accounting 181293]

Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings

https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash

Finally, we got some news about Dogecoin. Definitely we will see a dump surge of Dogecoin. Whether Dogecoin crosses 1 USD or not, maybe this month we started to get the final value of Dogecoin. After 8 May, we will know how Elon Musk has been pushing up the Dogecoin. Before the fourth quarter of next year, "Dogecoin" will be out of the top 30 altcoins.

yeah maybe that would be the worst case scenario for doge. May 8 will be the determination for future doge's. and how is elon going next, what will he say next. this is still an interesting thing to note.

[aprilnot]

Elon Musk shows on SNL on May 8, Dogecoin reaches $1 and then the bubble bursts! I hope it reaches $1 so I can buy more BTC with it to round up my BTC holdings

https://cointelegraph.com/news/may-8-day-to-watch-for-dogecoin-amid-warning-doge-can-suffer-xrp-style-crash

it depends on what he will say about the doge at that time. if he's still a staunch supporter, it can even be more than 1$, I think doge will go up 3-5x. there will be a lot of speculation ahead of his appearance later. and all that would make for a very big pump on the market.