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

[trendcoin]

Memecoins are not reliable coins. I also agree that there was a fake operation when they took the pump, but we should not attribute the whole market's action to their actions. We should evaluate the direction of the cryptocurrency market on more objective technical indicators. As an example, we can use classical indicators or money flow diagrams for this...

[PrivacyG]

If you knew how many coincidences there are in the world, you would be surprised.  Bitcoin's chart has been correlated with so many things before, including stocks and all sorts of weird things.  Just because DOGE pumped before a 'collapse' does not make it an indicator at all.  DOGE has pumped before during bull runs and that was not the end of the run.  Even the best algorithms failed so far, and I think S2F is included now in the list of failures as well?

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Regards,
PrivacyG

[serjent05]

Funny how the article made Dogecoin and Shib as the center of Crypto Market.  Honestly, I don't care how many times they pump and dump those memecoins since they are not the representation of the whole cryptocurrency market and they don't affect the ecosystem of other cryptocurrencies. The article is a personal view of the author and shouldn't be taken seriously as a fact.

[wheelz1200]

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

Meme coins are useless.  I take no sign from memecoin pumps or dumps.   The peoe who actually rely on meme coins for profit or determine market stability and or influence with meme coin moves deserve to lose theor money.  It was a fad that's all.  In the end 99% of them will forever be forgotten.

[Jating]

Funny how the article made Dogecoin and Shib as the center of Crypto Market.  Honestly, I don't care how many times they pump and dump those memecoins since they are not the representation of the whole cryptocurrency market and they don't affect the ecosystem of other cryptocurrencies. The article is a personal view of the author and shouldn't be taken seriously as a fact.

And I'm thinking that they are subliminally sending some message for their readers to invest on those meme coins. And I agree that this is just a coincidence and we shouldn't treat this as like a good indication of what is going to happen next in the crypto market because they don't have any bearing. Bitcoin is still what we call prime movers to it calls everything. And so when it tanks, all crypto goes down very hard. But when it is on a massive bull run, everything is uplifted including meme coins. And just to reiterate, these are probably the works of some pump and dump group.

[okorieemmanuel]

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.

I can't understand how you guys keep connecting the dots and find correlated values that can be used to predict next trend.
Doge pump can be independently controlled by big whales who wanna fool small traders and take their coins.  Top cryptocurrencies especially Eth can be used as indicator for altcoins,  the alternative options are not reliable,  IMHO.

You are right. Let me add the fact that dogecoin future could be predictable and from my own perspective looks good.From all indications, it should bounce back to have greater value than what was recorded in 2021.

[posi]

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.

I also think this is just a coincidence, but this has happened a few times in the past. When we were going through bear season suddenly memecoins pumped up and then the market dumped a few days later. In the past few days we have witnessed the strong development of shiba and doge, especially the dogechain blockchain that has created a wave of Fomo in the past few days.
It was not a forecast for the market but somehow it happened.

[stadus]

I'd see no reason for this pump but I don't think as well that this will be an indication of the market collapse. The article is just spreading wrong information and is likely just made to create panic. And for doubters, this is absolutely worrying information with them thinking all the way to negative. Are we really heading down? No, in fact, we have been in a market crisis before more than this and crypto still survives, and besides, it is growing. This Dogecoin and Shiba Inu are no way to make it.

[TravelMug]

I'd see no reason for this pump but I don't think as well that this will be an indication of the market collapse. The article is just spreading wrong information and is likely just made to create panic. And for doubters, this is absolutely worrying information with them thinking all the way to negative. Are we really heading down? No, in fact, we have been in a market crisis before more than this and crypto still survives, and besides, it is growing. This Dogecoin and Shiba Inu are no way to make it.

We can't underestimate the hands of the Pump and Dump groups, they are going to obviously have their footprints in this two, Dogecoin and Shiba Inu because it is still one of the hottest meme coins that we have even in a bear market.

As for the whole market going down, it has somewhat stop, we are back to the $1 trillion market cap again so a good indication that the recovery or at least bitcoin going to $25k and ETH to $1,900 again.

[Frengki_cisco]

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.

I'm not so sure doge & shiba can pump back, there are many things that can be considered and seen why doge and shiba are not the target of investors at this time, even though it happens it won't happen to both types of memes.

[Tony116]

This is not true at all, how can 2 memes cause a market crash? The market capitalization of these 2 coins seems to be at only 15 billion compared to the market capitalization of more than 1,000 billion, too small to put pressure on the market. This is just a coincidence and the article took advantage of this opportunity to spread untrue information. Use indicators on the market, news related to the world economy are the factors that clearly affect the market.

[BlackBaron]

DOGE and SHIBA, memes that have hope, a lot has been discussed about these two types of memes in various media, I'm sure if investors are aiming back at the two coins, pump expectations are bigger than what happened before, need in-depth analysis to see the next action.

[bounceback]

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.

Yes, it's true that only bitcoin can affect the price of other coins on the market and if we look so far when the price of bitcoin has fallen it will usually make almost all coins on the market will also follow the movement of bitcoin too, I don't think that currently the coin meme is the determining factor of the market price because if that happens then the market will always crash following the price of the coin meme.

[el kaka22]

I believe that it is just a surprise and coincidence and not what it is generally. People could of course try their best to make a connection and I do not care about it for sure. I am not saying that it is impossible to have any connection between the two, but it is unlikely for sure.

This is just what I believe, maybe we do have a connection but to me "when doge and shiba pumps, it will be followed by crypto market crashing" doesn't really sound like a reasonable or logical thing. Maybe there is a good logic behind it that someone can explain to me but I feel like there isn't one and I can't see any logic behind it so I prefer not to believe this at all.