Doge coin of fire, the master is now on the throne

[gantez]

Have you noticed the bull run with dogecoin when Elon musk got hold of tweeter. Dogecoin is around $0.13 now. This is no surprise for dogecoin hodlers I believe and now that Elon is in charge more bull soon is expected.

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

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[cozytrade]

Have you noticed the bull run with dogecoin when Elon musk got hold of tweeter. Dogecoin is around $0.13 now. This is no surprise for dogecoin hodlers I believe and now that Elon is in charge more bull soon is expected.

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

It is for sure there is some positive effect of elons claim on Twitter not only for dodge but for the whole crypto atmosphere. Twitter is one of the most important platforms for crypto. People follow, express, and monitor projects through Twitter. I know Elon will take the charming initiative to make it more crypto-friendly. But my fear is he will use this platform to manipulate the crypto market as he did with dodge. I always consider doge as a joke for bitcoin and worthless in terms of value. He makes a valueless coin overpriced by using his popularity and hype. If McAfee is charged for promoting a scam crypto project then he is no better than him. He promotes doge for his own profits not because he loves its technology.

Overall, I expect he will make twitter a better place for the crypto community.

[OgNasty]

I think the DOGE market is mostly people buying low, pumping, and then selling.  That's why you're seeing lower highs with each pump attempt.  While this latest pump is impressive and I'm sure a lot of people made a lot of money this week holding DOGE, but I wouldn't recommend buying here.  As strange as it sounds, I think I wouldn't be able to take any rally serious until it gets over $0.20 which was the high of the last pump I believe.  If Twitter does manage to pump DOGE to new all time highs though, things could get crazy.  All eyes on Elon to see what exactly he has in store for crypto payments with Twitter.

[decodx]

I think the DOGE market is mostly people buying low, pumping, and then selling.  That's why you're seeing lower highs with each pump attempt.  While this latest pump is impressive and I'm sure a lot of people made a lot of money this week holding DOGE, but I wouldn't recommend buying here.  As strange as it sounds, I think I wouldn't be able to take any rally serious until it gets over $0.20 which was the high of the last pump I believe.  If Twitter does manage to pump DOGE to new all time highs though, things could get crazy.  All eyes on Elon to see what exactly he has in store for crypto payments with Twitter.

Yeah. I think the same. And some people make the same mistakes over and over again. The last pump didn't last long and many people lost a lot of money. I don't understand why people think this time will be different?

[Slow death]

why is this thread about dogecoin in this section dedicated to bitcoin? and about doge increase this is no surprise, this altcoin increases in price even when elonk takes a sip, but the danger of that I've been talking about this for a long time is that if elon musk one day speak ill of doge then we'll still see time a big price drop, maybe at that time the doge price could reach zero, i know people might think i'm exaggerating but i'm not exaggerating, people who follow the doge have become very dependent on the doge de to the point that if elon musk publicly says he gave up on the doge these people will get rid of the doge and no one else will want to spend money buying doge

[Gozie51]

Yeah. I think the same. And some people make the same mistakes over and over again. The last pump didn't last long and many people lost a lot of money. I don't understand why people think this time will be different?

People are thinking now that Elon musk is leading a social media thats very popular called tweeter, anything can happen. Just imagine must is hosting a talk show on dogecoin lately and trying to declare it an approved token for transaction with Tesla or twiter.. The expectation for dogecoin increase if Elon musk win his case has been high and we are seeing it already going to the moon. I don't know if he has made any statement on dogecoin yet but the coin is already flying because of his influence. Hodl is the language now for dogecoin.

[Quidat]

Have you noticed the bull run with dogecoin when Elon musk got hold of tweeter. Dogecoin is around $0.13 now. This is no surprise for dogecoin hodlers I believe and now that Elon is in charge more bull soon is expected.

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

I dont think it would be that correlated or would be considered to be attached with Bitcoin and would be rather be relevant on Doge.

Dogecoin Price Springs 29% as Chances to Be Adopted by Twitter Rise
Source: https://u.today/dogecoin-price-springs-29-as-chances-to-be-adopted-by-twitter-rise

Now that Elon owns twitter officially then there's high chance that Doge would be adopted and integrated on this
platform which investors are already filling their stash.

[TastyChillySauce00]

The bullrun that happened with doge coin is actually coming from elon. I heard that if people are talking about potentially for doge coin to be accepted as micropayment. The acquisition of twitter by elon has been increasing the chance for the doge coin to be adopted as a micropayment system or tipping system in the twitter. There will be so many surprises to come very soon for him. Elon has been firing so many twitter's big name. The doge coin may be going again to the moon very soon.
A big pump already happened and it seems like that the pump is quite stable at this moment without any signal for the doge coin did a reverse trend again. It's in a good condition for now. This may affect bitcoin too.

[adaseb]

Yes it seems like a repeat of 2021 pretty much. Elon pumping Dogecoin and exchanges are running out of doge. And funding rates are crazy high. However I have a feeling that this will be another failed pump and it will retrace.

We hit $0.15 and closed on a crazy wick. I am thinking we will close bear this candle and then it will very slowly keep going down into the 8 cent area again. Maybe probably went long there and it’s good support.

[Silberman]

Have you noticed the bull run with dogecoin when Elon musk got hold of tweeter. Dogecoin is around $0.13 now. This is no surprise for dogecoin hodlers I believe and now that Elon is in charge more bull soon is expected.

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

Since the growth that dogecoin is experiencing is many times higher than what we can see with bitcoin and other major altcoins then we need to look for other factors that are not related to bitcoin, and in the case of dogecoin it is very obvious that people are happy because Elon finally bought Twitter and if he fulfills his vision then most likely dogecoin could be used as a currency for tips on the platform, in my opinion this is the only way we can explain what we are seeing with dogecoin.

[Tytanowy Janusz]

Have you noticed the bull run with dogecoin when Elon musk got hold of tweeter. Dogecoin is around $0.13 now. This is no surprise for dogecoin hodlers I believe and now that Elon is in charge more bull soon is expected.

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

nah. Its just pump and dump shame. I doubt its connected to twitter purchase. Doge shilling was never censored. Anyone could talk about doge whatever they want. Its not like people were banned due to talking about doge before. So for doge ... nothing will change.

BNB should pump instead of doge because CZ confirmed participating as equity investor.

Changpeng Zhao said Binance had wired some $500 million “two days ago” as part of the move.

So its a big deal for bnb not doge.

[traderethereum]

Be careful what Elon says because it could be just a game of wanting to pump up Dogecoin and throw it away without thinking about what his followers will experience.
But if bitcoin increases to $20k, it causes some coins to increase too and maybe that's also what causes the price of Dogecoin to increase, not from Elon's tweet.
But I don't know. Everything can happen because of Elon's tweet or the increase in bitcoin prices.
What is certain is that if you want to play with Dogecoin, you must be very careful and only use the money you can afford.

[irhact]

Have you noticed the bull run with dogecoin when Elon musk got hold of tweeter. Dogecoin is around $0.13 now. This is no surprise for dogecoin hodlers I believe and now that Elon is in charge more bull soon is expected.

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

It has to be Elon musk's twitter takeover that brought about the pump in dogecoin and as a result other meme coin got an increased in value as well. There are rumors of Elon musk making dogecoin the currency of twitter and if this happens then dogecoin will experiencing more adoption as more people's get to know about dogecoin. Dogecoin survive on hype so when a big one as this came around, the holder use this advantage to pump their favorite token.
Sadly, just as it rises so will it fall so investors are to be extremely careful with their investment, if you have no plans of holding for long then sell as you see it sudden begin to fall or you'll lose most gains that have been achieved with this pump in the market.

[cabron]

Been a long time supporter of Doge but this rise is not sustainable. Its just too abrupt that its already overbought on the daily chart. Waiting for the price to dip at least back to $0.08 would be strategic for you to get in.

Elon however had yet not said anything yet about his Doge plan. But once he'd mention one word about Doge soon, it might just reach to more than $1 by early 2023. Him taking over Twitter is very positive for Doge.

[asriloni]

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

I do believe bull trend was coming from bitcoin and elon's decision to bought twitter was only affecting the price of doge coin. It has nothing to do with bitcoin even though tesla is still holding around 10k bitcoin at this moment. The power of money has been proving itself. The take over of twitter has been pumping the price of doge coin to the moon. Im just waiting for elon to create another controversial tweet about that.

Since era for shit token already ended last year and elon's tweet about any meme token doesn't have significant impact anymore. I just think that if influencer's power have been disappearing slowly.

[super bako]

he's the winner today, still many believers have high hopes for elon musk. seems to have a large community with a number of investors who are not playing in terms of volume. but have to be careful in their bull game. on the other hand there can be people taking advantage of the news to make fomo

[Pierre 2]

It is really dangerous to quick trade Dogecoin for sure. I can now understand why people love it, it lets you make money in very short time and amounts are absurd like %50 in a day or two. But what if you are actually at a place where you will lose %&50 of your initial investment? Elon Musk loves Doge for 2 reasons, first one is its cool and logo is sweet. Second is because he is also making money through Dogecoin jumps. I don't trust the fuy anymore honestly.

[goaldigger]

Yes.  This is how it is when the rich and influential have spoken.  Just a little talk can turn a worthless Doge into a very valuable one. In the world of trading, we all know that there are big players as price controllers, and this also applies to Elon's Doge.

What’s the risk dealing with such hype?
DOGE pump, but sooner or later it will dump again because the hype will fade though with DOGE I think it will continue to pump and dump which is an opportunity to take as a short term trader. Any good news for DOGE to retain it’s momentum and start the bull trend? Be careful with DOGE, it might become more volatile.

[justdimin]

Been a long time supporter of Doge but this rise is not sustainable. Its just too abrupt that its already overbought on the daily chart. Waiting for the price to dip at least back to $0.08 would be strategic for you to get in.

Elon however had yet not said anything yet about his Doge plan. But once he'd mention one word about Doge soon, it might just reach to more than $1 by early 2023. Him taking over Twitter is very positive for Doge.

All crypto pumps are not sustainable anyway due to their volatile nature or because of the two cycle of this market where a pump will soon be followed by a dump later on so your plan of waiting before buying is great. Imagine, doge coin pumps even without Elon mentioning it?

However, I see some videos circulating in the web about that twitter logo that is being replaced by a dog/dogecoin logo but it's only a fan made video though this might be the one who is making the hype. It will still depend on what is the tone of the message Elon drops in twitter. What if it sounds negative? I don't think this will motivate people to buy and hodl more doge coins.

[WalkerIVIV]

I don't think the increase that doge currently having could be long term, after all doge coin trend is ending, there's lack of investment flow, I'm sure so many are hesitant in investing in doge coin, some of them might get carried away by their greed and as a result get FOMO though at the end of the day they are just gonna get tricked by the whales, moreover eventually the value will go down again, because I don't think elon will include doge in his new platform that is the twitter since I guess elon have his own vision in regard of his new platform.