stadus
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May 09, 2021, 09:30:23 PM |
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Dogecoin pump has zero connection with Binance listing. Its growth was stimulated only thanks Elon Musk. Every listing everywhere pumps altcoins price. This is just normal for the market. You could have asked why dogecoin price reduced after it was listed. Price growth and drop is a common action for listing.
You are correct, maybe... But, traders trust Binance more than any other exchanges, hence Binance has been dominating the volume, for DOGECOIN to gain the attention of the people, it has to be liquid and has a good volume. Maybe, we can also ask this way, will Elon Musk shill DOGE if it's not listed in Binance?
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Kang TB
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May 09, 2021, 09:37:39 PM |
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I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?
listed on binance or not, if Elon Musk still write about doge in his twit this coin will pump mate, because Elon Musk bring a lot of demands to dogecoin
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go4crypto
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May 09, 2021, 09:59:49 PM |
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Doge coin is on a large number of both big and small exchanges so binance is not any important factor for it. Billionaires like Elon Musk, Mark Cuban and other celebrities are driving its rise in popularity.
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Tervelatuk
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May 09, 2021, 11:00:07 PM |
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Doge coin is on a large number of both big and small exchanges so binance is not any important factor for it. Billionaires like Elon Musk, Mark Cuban and other celebrities are driving its rise in popularity.
its not totally correct dude, when doge listing in binance it will make dogecoin become more popular and marketcap will increase alot due trading volume in binance. start from here there are alot new holder and then elon and mark cuban drive and shiling doge become more popular for investors outside crypto market.
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crzy
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May 09, 2021, 11:07:39 PM |
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Doge coin is on a large number of both big and small exchanges so binance is not any important factor for it. Billionaires like Elon Musk, Mark Cuban and other celebrities are driving its rise in popularity.
Exchange is just a one factor for the success of every project so Binance also help DOGE succeed but on its recent peak its just because of Elon Musk hype and that’s too risky to follow that hype if you’re too emotional. Right now, after reaching its peak, its down almost 50% so this is how volatile DOGE is so you have to deal with it carefully.
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Pierre 2
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May 09, 2021, 11:10:13 PM |
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Doge is also listed on great exchanges like Kraken, Kucoin, Gate.io, Huobi, Bitfinex etc. It would still experience huge pump. And if I know CZ a bit he would definitely take chance and list Dogecoin as quick as possible to pull more users to his exchange. If Elon Musk keeps writing about Doge, it will keep pumping up to higher prices, period.
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SaShiRaJaVu
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May 09, 2021, 11:52:33 PM |
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Doge is also listed on great exchanges like Kraken, Kucoin, Gate.io, Huobi, Bitfinex etc. It would still experience huge pump. And if I know CZ a bit he would definitely take chance and list Dogecoin as quick as possible to pull more users to his exchange. If Elon Musk keeps writing about Doge, it will keep pumping up to higher prices, period. It is true that CZ will pull all the triggers when he identifies a market to make money and he would gladly accept them to be part of their exchange once he sees that the volume starts increasing. Elon Musk today helped the market to have a great correction and people dumped Doge left and right after a huge rally and whether he will do anything to help the valuation is to be seen .
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HaekalZ
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May 10, 2021, 02:29:54 AM |
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I think it doesn't matter even binance was not listed in Binance. Because the main factor that DOGE pumped like this is because Elon Musk, Even for today, i read the news that Elon Musk gonna launch Satellite for DOGECOIN. so the price of Dogecoin will skyrocket again in the near future.
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nomenclatur
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May 10, 2021, 06:17:32 AM |
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I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?
binance and Elon musk are very influential if without Elon musk the price of Dogecoin will not go up so far maybe it will reach a price of $ 0.05 that's already very high for the price of Dogecoin indirectly Dogecoin will remain as it will not have much effect if without Elon musk binance becomes the largest exchange First in the world to make cryptocurrencies more widely known, it is important to realize that Dogecoin has been listing on Binance for a long time but there is not much of an increase compared to today when Elon Musk came and made Dogecoin fly to the moon.
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lxiaoh
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May 10, 2021, 06:49:30 AM |
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Elon, there are a lot of exchanges in the world, and Binance just one of them with heavy trading volume. Let us see from the time, Doge was listed in Binance about in 7 July 1, 2019, and as we all know that Doge big pump is in this year since Elon Musk tweeted about Doge.
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bitjoin
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May 10, 2021, 07:41:17 AM |
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what if DOGE was not listed in Binance, will it pump like this big?
Yes, even though Dogecoin is not listed on Binance, Dogecoin will pump as we have seen. Here I want to say, elon musk which has made the Dogecoin price increase, not binance. Which is more influential, Elon or Binance?
Binance has become the number one exchange in the world. There are so many coins that are eager to be listed there. But if the benchmark is what Dogecoin is experiencing today, then my answer is elon musk is the most influential person in the rise of doge.
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VanDeinsberg12
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May 10, 2021, 07:51:00 AM |
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I really think people are too overrating binance, I know it's a popular exchange and could bring fame to project but little to nothing I've seen people speak about binance while discussing about doge, it's mostly because of elon that it pumps like this and elon's influence transcends the exchange itself, just try to imagine what happened if binance didn't list doge and that's gonna be "elon shill doge => gets listed by other exchange thats not binance => still get pumped regardless" not to mention most of people in the US isn't only using binance anyway, there are various other popular exchange and most of them already listing doge since knowing that most of the capital that goes to doge coming from the US I assume.
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freedomgo
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May 10, 2021, 01:37:26 PM |
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I really think people are too overrating binance, .....
Actually not, we are just speaking of the reality here, Binance is really the most dominant exchange in the market. as we can see the ranking of exchanges here. https://coinmarketcap.com/rankings/exchanges/IN the top 3, Binance rank as the number 1, and look at the disparity of figures in terms of trading volume per 24 hours. 1. Binance $52,598,380,178 2. Coinbase Pro $6,850,724,753 3. Kraken $2,790,999,257
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uray
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May 10, 2021, 03:55:17 PM |
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I really think people are too overrating binance, I know it's a popular exchange and could bring fame to project but little to nothing I've seen people speak about binance while discussing about doge, it's mostly because of elon that it pumps like this and elon's influence transcends the exchange itself It is true that everyone is giving Binance more credits than they deserve and Dogecoin is a popular coin in the market and there are several crypto based gambling sites that accepted Doge and it was a popular coin for small time gamblers and the price started its rally when Elon Musk started but if you think back he was shilling the coin for a long time and now when he shilled when the entire market was rallying it had a really big impact.
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quins
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May 10, 2021, 04:19:25 PM |
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Doge coin is on a large number of both big and small exchanges so binance is not any important factor for it. Billionaires like Elon Musk, Mark Cuban and other celebrities are driving its rise in popularity.
Thanks sir... so i'm sure here because i've seen a lot of news that this coin will go up even if the BTC goes down.
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leea-1334
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May 10, 2021, 06:50:50 PM |
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No, Elon never tweeted about Binance either. The doge pump of this session is filled with newcomers who are unfamiliar with the USD or other currency pairs. Obviously they prefer exchanges that offer more efficient deposits/withdrawals using their fiat. In my country, many people expose their doge balances on my local exchanges.
This really makes it like any other crypto pump though,,, people coming in for the first time and not knowing any other way to get a particular coin so just going through the easiest and most obvious way. Binance no KYC for 2 BTC daily means you can buy $100k every day and not do KYC. With BTC it is even easier,,, so yeah definitely:)
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nelson4lov
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May 10, 2021, 09:01:31 PM |
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I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?
It's not really about being listed on binance. SHIBA, another recent crypto project that popped up in this bull run achieved a similar feat without even being listed on binance. I hope that answers your questions. Even if DOGE wasn't listed on binance, it would still get to its current position and price level as far as its actively shilled by Elon Musk and other dogecoin moonboys. Binance used to have a " listing effect" back in 2017 - 2019. It stopped when they started listing anything that is hyped.
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Amejoaquim
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May 11, 2021, 03:02:39 AM |
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Without elon tweet none of these things would have happened.
So I think elon is more influential than binance.
Even though the largest volume of doge was on binance, it still wouldn't have happened without elon's tweet.
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bayudndy
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May 11, 2021, 07:15:54 AM |
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I was just thinking about DOGE since it's the hottest altcoin at the moment, so I came up with this scenario, what if DOGE was not listed in Binance, will it pump like this big? Which is more influential, Elon or Binance?
I think CZ has been very smart in bringing the public's interest to binnace, and the benefit from the transaction fees from these coins is huge. So it will be difficult for dogecoin to be removed from the list of exchanges.
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azhariejaya
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May 14, 2021, 07:43:31 PM |
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The increase in the price of Doge now is only due to the promotion of Elon Musk. It seems that even though Doge doesn’t list in Binance, the Hype Doge still occurs even though Doge can only be purchased in other markets, so in the case of Doge, Elon is the main factor for the tremendous bullish in Doge.
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