Dogecoin (DOGE) Pump Once Again Indicates Collapse of Crypto Market !

[tokyohd]

The pump of memecoins like DOGE or SHIB a couple of days ago was like another funny phenomenon in the stagnating crypto market. But now it seems to be no time for jokes. The fact is that this event once again marked the fall of the crypto market, and it seems that now it can be considered a full-fledged regularity.

Read full details on U.Today
https://u.today/dogecoin-doge-pump-once-again-indicates-collapse-of-crypto-market

[CapGelatik]

I think there are 2 indicators, the first is that cryptocurrency will dump, and the second is that it will pump, not just dump,
do you remember how Doge experienced a high increase in 2021? yes it also indicates that the market is excited,
and after that other altcoins also pump, so it's not just about dumps.

[Imran232]

<...................>

Some predict that the meme has begun, and that there will come a time when we can make 100x to 1000x with this meme coin, or that we will lose everything. That means we are in a very risky position. But it all began with the launch of the dogechain. And this network makes memes into coins. And we already saw that there have been so many coins launched where some people make a profit, while most people lose everything. I will invest a little bit to check if I can survive with that trend . But I am not sure at all. And all of the effects occur only on Dogecoin.

[Anonylz]

I didn't know dogecoin pump and dump is the determine factor of the general crypto market,  I thought only btc has that power. How do you explain all the previous weeks of bear market? Was that because of dogecoin as well?
Despite what the analyst may say i don't think there is a connection, the market is already in bear market.

[BIT-BENDER]

I think there are many people who think Dogecoin and Shiba inu has dethroned Ethereum in terms of usage well it's fast becoming the undisputed truth. Although I still don't own any Dogecoin yet I can not fail to admit it's a high flying Alt-coin and even in this poor market it has been strong in this situation. I still believe that Elon musk gave it and it's like the boost and they also worked on it to get to this stage.

[JeromeTash]

Read full details on U.Today

Put the article here. I don't like visiting random links  

I think there are many people who think Dogecoin and Shiba inu has dethroned Ethereum in terms of usage, well it's fast becoming the undisputed truth.

No it's not.

Do you have any idea how huge ethereum is in terms of usage, or you are just doing guess work?
It's funny because one of the tokens you mentioned (SHIBA INU) is an ERC20token on Ethereum blockchain  

[nakamura12]

After all, Dogecoin is a memecoin but it became popular when many people are using it. Crypto are like that where there is a possibility that it will dump or pump. Some whales are the cause of that and as far as I can tell, the price of dogecoin within 24h decreased about 11.55% from its price before. It's just an indication that it may pump or dump of the price but the truth is we can't predict the price of cryptocurrency.

[SlimShadyMmp]

I think if you look at meme coins now You will find out they are everywhere on the top coins list and mostly or independently the can just pump on their own news like the recent pump doge coin had due to dogechain People are actually using meme smart contract to create more memes and we are actually in a bear market

[Baofeng]

The pump of memecoins like DOGE or SHIB a couple of days ago was like another funny phenomenon in the stagnating crypto market. But now it seems to be no time for jokes. The fact is that this event once again marked the fall of the crypto market, and it seems that now it can be considered a full-fledged regularity.

Read full details on U.Today
https://u.today/dogecoin-doge-pump-once-again-indicates-collapse-of-crypto-market

The market is really doing good in the last week or so, Bitcoin reaching $25k and then Ethereum at $1900. So for sure, it has a trickle even on DOGE and SHIB and then the usual suspects, pumpers going to work and uses. these two as their vehicles to make money by pumping it early and then waiting for the whole crypto market to catch up, unsuspecting noobs joining, and maybe they think they can make a quick buck out of it. But then again, massive sell-off, DOGE for example is down -12% already. So this is going to repeat itself again and again.

[kurniawan05]

I think the pump and dump of a meme coin like doge doesn't mean there is a bullrun or a bear market, in 2021 the price of doge will skyrocket following the bullrun, I don't think the pump is a meme coin that is a sign that there will be a crash in the market.

[makishart]

Since when people are taking meme coin as an indicator to determine the pump. The football token was even doing the opposite thing. I think that it's a wrong thing. The bearish trend can't be determined. Doge was getting pumped due to the some reasons along with shiba inu as well with its burn mechanism. I think that must not become a reason why that article was taking doge as an indicator to signal for bearish trend

[Argoo]

I didn't know dogecoin pump and dump is the determine factor of the general crypto market,  I thought only btc has that power. How do you explain all the previous weeks of bear market? Was that because of dogecoin as well?
Despite what the analyst may say i don't think there is a connection, the market is already in bear market.

Of course, Dogecoin, with its capitalization of $9 billion, cannot significantly influence the prices of other cryptocurrencies in this market. Prices can be influenced by such giants as bitcoin with a capitalization of $405 billion and partially ethereum with a capitalization of $200 billion. The price of dogecoin may change slightly under the influence of Musk's tweets, but we can hardly expect a similar surge in its price again, like last year.

[bittick]

I can't even believe doge coin as an indicator. It seems like that if there are some parties who are randomly predicting about that. There was no research about that as well. It's pure luck. Sometime it can happen but it doesn't mean if the whales will be dumping once doge got pumped. It was also getting dumped right now. That proves that doge was not strong enough to give huge impact to the market.

[masterrex]

Common folks the crypto market always behaving like that, I am not surprised because cryptocurrencies are very speculative in nature, and artificially react to every situation that was happening around involving the crypto industry so I guess some are just overreacting about it. IMO, I think the reason why Dogecoin and Shiba Inu are rallying artificially is because of the intervention of the whales who pumped it nothing more nothing less. don't think much it's just a normal market price correction.

[livingfree]

I know what you're doing is probably part of your job or your actual job. But every time that there's a pump whether be it on meme coins or not, there's always a publication that you guys are doing.

And now that the market is embracing a sudden dump.

I guess that you're going to make another content and news that the market has dumped so quick after all of these pumps that has happened for the entire market.

Well, let's say that it's on you and that indicator you've said worked as we've seen the dump on the market but I wouldn't say that it's collapsed. That's too much to say.

[Aliem Nur]

before the Bitcoin price fell, indeed the price of Memecoin jumped by tens of percent,
for example Shiba jumped to 40%, and doge 20%, now after the pump, it's true what the OP said,
Bitcoin and altcoin prices fell sharply, even SHIB fell by 40% too, very scary, and this is exactly what happened

[bittick]

I think if you look at meme coins now You will find out they are everywhere on the top coins list and mostly or independently the can just pump on their own news like the recent pump doge coin had due to dogechain People are actually using meme smart contract to create more memes and we are actually in a bear market

meme smartcontract? this is my first time to hear that and i thought that it never exist lol. meme token developers were always using mainstream smartcontract like binance smartchain. I thought that there's no meme smartcontract.
I guess if you are drunk or something like that. Can you mention the link please? im a big curious about what you have called that as a meme smartcontract.
This is my first time to hear that lol. It seems like that you are mentioning wrong smartcontract

[Cryptornd]

The pump of memecoins like DOGE or SHIB a couple of days ago was like another funny phenomenon in the stagnating crypto market. But now it seems to be no time for jokes. The fact is that this event once again marked the fall of the crypto market, and it seems that now it can be considered a full-fledged regularity.

Read full details on U.Today
https://u.today/dogecoin-doge-pump-once-again-indicates-collapse-of-crypto-market

maybe  you are right .but it is  better not to  predict market by pumping and dumping that kind of  shitcoins. they are waiting for  a tiny reason to  pump or  dump. those shitcoins are community driven tokens at all. if  holders want they will pump it  or dump it.

[bitcampaign]

I don't think there is anything wrong with the memecoin market like doge, if it really makes the market crash it should have been since the doge touched $1 it has already collapsed, we should realize that right now the market hasn't really come out of the bear market so be patient to buy more when it's cheap when it's this, I believe the crypto market will recover

[Doell]

Just a coincidence, if believing in a crypto price crash marked by a rising memecoin before it happens is an imprecise conclusion, although often happens but not a fact that always must be a true. Some possibilities such as whales taking profits after playing on meme coin, and selling their bite of Bitcoin so that the decline also occurs in other altcoins. This is just profit taking, not an always indication collapse of crypto market.