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Author Topic: Is Dogecoin Dead ?  (Read 1127 times)
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December 27, 2022, 12:42:24 AM
 #81

I don't think that Elon is losing grip of Twitter, on the contrary, he bought it already and now has full control of it. Doge has existed even before Elon put a hype of it, and so it will continue to exist even if Elon will not support it.

The market is terrible continue, I do agree, and so is the other coins as well including Bitcoin. And so when we had another bull run, for sure Doge could be one coin that will enjoy the support again and maybe reaches new all time high, with or without Elon hyping it.
Exactly. Elon Musk remains as the owner of Twitter, even if behind the curtains, therefore his influence will be still there all the time. If he wants to push a new DOGE hype he will have all the necessary tools to do it. And even if he didn't have Twitter, he could continue endorsing DOGE through his social medias, like he has always done since much before all the talk about purchasing Twitter has started.

What we see regards DOGE's price is more related to the whole bearish season every cryptocurrencies are facing right now. Once the negative trend in crypto market is over, we are going many currencies rising together, and I believe DOGE is one of them. Despite being a memecoin, it's also a classic coin. That is the difference between DOGE and its memecoins pairs which don't have any long term potential.


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December 27, 2022, 03:00:44 AM
 #82

Elon is loosing his seat not selling the Dogecoin which he has bought.
But we can't say anything. Because I think Elon is loosing his reputation in public. He recognized as a well minded person in the public but now he has lost his 40% reputation in the public.
By the way if he will sell his hodl Dogecoin than it will make a huge impact on Dogecoin price

 
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December 28, 2022, 09:41:10 AM
 #83


Quote
Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

Does this looks like killing Doge? and also this really means one thing that Only Elon who's running the movement of Dogecoin and not other supporters at all?

lol Dogecoin will remain though the price may drop badly for a while , as we have seen this growing how many times now.
but being dead or dying is far from reality .

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December 29, 2022, 01:37:26 PM
 #84

As far as I know, Doge's price had increased. At that time, Elon Musk was not yet CEO of Twitter, but Elon Musk only influenced his followers through his tweets to do something for Doge, which in the end had a significant effect on increasing Doge's.
so if he wants to let go of the ceo on twitter. I think it's clear that there won't be any influence with the doge because there's no direct correlation.

especially now that the situation is indeed a bear market, Elon Musk will not be able to change this situation and make Doge increase, Doge will continue to follow the market situation which is really not good.
We will see in 2023, will Doges be able to survive in a difficult market situation, if they can get past that then when the halving occurs again, Doges will be able to increase as well, Doges will not die.

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December 29, 2022, 01:53:09 PM
 #85


Quote
Dogecoin Price Losing the Grip as Elon Musk May Not Remain Twitter CEO for Long!

The Dogecoin price has been trading below the crucial 200-day MA since the beginning of the yearly trade. Meanwhile, the buying volume has fallen heavily. Also Today Elon Musk expressed his willingness to step down as Twitter CEO. He conducted a poll on twitter platform.


The Dogecoin price seems incredibly bearish and if Elon Musk quits as the Twitter CEO, the token may be badly impacted. Earlier Coinpedia made dogecoin price prediction for the end of 2023, as $0.158. But with current news it wants us to rethink and ask – is doge coin dead?

Does this looks like killing Doge? and also this really means one thing that Only Elon who's running the movement of Dogecoin and not other supporters at all?

lol Dogecoin will remain though the price may drop badly for a while , as we have seen this growing how many times now.
but being dead or dying is far from reality .

Maybe they are worried since Elon has big influence and might it create some negative effect if  he abandon this coin.

But people need to realize that guy is just doing a business with doge so any hyping or some action he do to highlight its name has personal agenda and do it for his profits so better for those people to quit looking for more pumps. Sell once profit is there since whales like Elon will be more lucky if he is the one who gonna sell first and leave those other people hanging and bag holding some shit that they think will pump more in future.

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December 29, 2022, 08:30:30 PM
 #86

Maybe they are worried since Elon has big influence and might it create some negative effect if  he abandon this coin.

But people need to realize that guy is just doing a business with doge so any hyping or some action he do to highlight its name has personal agenda and do it for his profits so better for those people to quit looking for more pumps. Sell once profit is there since whales like Elon will be more lucky if he is the one who gonna sell first and leave those other people hanging and bag holding some shit that they think will pump more in future.
But he didn't abandon the coin. He will only abandon Twitter. If Twitter is handed out to another owner, Elon can still use the platform just like before and post shills there about the coin. I wouldn't wonder anymore on why those people seem to be very emotional and worries a lot because they only invested on a risky coin whose gains are only based on the hypes.

If only those people invest on a much better such as Bitcoin then they can attain a peace of mind. Doge coin isn't totally dead but what is the only thing that have died here is the hype. We don't even know if it will be revived again or not. For now, Doge coin can still be use for gambling and paying something but shouldn't be considered for long term hodling/investing.

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December 29, 2022, 09:20:47 PM
 #87

Elon is loosing his seat not selling the Dogecoin which he has bought.
But we can't say anything. Because I think Elon is loosing his reputation in public. He recognized as a well minded person in the public but now he has lost his 40% reputation in the public.
By the way if he will sell his hodl Dogecoin than it will make a huge impact on Dogecoin price

Elon I think has no more that big of a influence as he had before when he first showed his support for this coin,that was enough to sparkle a huge rally which many people including me won a lot of money as Doge moved from 0.0028 to near 0.7 dollars and people who had accumulated Doge for fun were in a position where this fun made them a fortune.Other people who were not aware saw this happening and they jumped in the wagon,thus now many people know what to expect in the next bull run no matter with or without support of Elon Musk for Doge.Doge does not need it anymore.

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December 29, 2022, 09:31:03 PM
 #88

Elon is loosing his seat not selling the Dogecoin which he has bought.
But we can't say anything. Because I think Elon is loosing his reputation in public. He recognized as a well minded person in the public but now he has lost his 40% reputation in the public.
By the way if he will sell his hodl Dogecoin than it will make a huge impact on Dogecoin price

Elon I think has no more that big of a influence as he had before when he first showed his support for this coin,that was enough to sparkle a huge rally which many people including me won a lot of money as Doge moved from 0.0028 to near 0.7 dollars and people who had accumulated Doge for fun were in a position where this fun made them a fortune.Other people who were not aware saw this happening and they jumped in the wagon,thus now many people know what to expect in the next bull run no matter with or without support of Elon Musk for Doge.Doge does not need it anymore.
But I can see that with the participation of Elon Musk in Dogecoin make such impressive growth and if ever he moves out and leaves Dogecoin, I couldn't expect to see this coin make another ATH like before. Well, of course, Dogecoin could stand by itself as it already has huge support from the community but is something different level if there is an influential person/people carries it out and make hype it on social media as this will gain more attraction.

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December 29, 2022, 10:54:38 PM
 #89

i believe it's not dead yet. the doge community is active and doing good since a few years ago. then elon musk came and made a high impact for doge price. i think the doge community can handle it even if elon musk is gone.
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December 29, 2022, 11:38:39 PM
 #90

from the events of LUNA and FTX we can understand that in crypto anything can happen, no one expected that the fate of the big altcoin LUNA and the big exchange FTX would end like this. but of course this incident did not just happen and without cause, there must have been big news that could destroy the project. in my opinion if only because of the problem you say it will not make doge die because in my opinion the problem that is happening on twitter has no close relationship with doge. since the first time elon bought twitter he has fired many twitter officials and recently there was news that many twitter employees resigned, but i see the price of doge is still stable and is ranked 8th CMC.

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December 30, 2022, 05:54:35 AM
 #91

i believe it's not dead yet. the doge community is active and doing good since a few years ago. then elon musk came and made a high impact for doge price. i think the doge community can handle it even if elon musk is gone.
You can say but Elon has no more influence on Dogecoin because now Dogecoin is on its own way. Elon pumped it a lot and now Elon has no much value against Dogecoin.
And yes the Dogecoin community is active and the team is working more to improve the core of Dogecoin.

 
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December 30, 2022, 06:19:07 AM
 #92

i believe it's not dead yet. the doge community is active and doing good since a few years ago. then elon musk came and made a high impact for doge price. i think the doge community can handle it even if elon musk is gone.

I think you overestimate Elon's current influence on DOGE. His words don't worth much now and until he makes it as a payment method on Twitter or something like that DOGE won't see a big pump.
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December 30, 2022, 06:44:22 AM
 #93

I think Doge coin still has potential in the upcoming bullrun market. and if we talk about the current decline, then this is natural. because it's not just the Doge that has been on the decline in the current bear market. But almost all Altcoins have decreased even bitcoin. expecting an increase in a bearish market can only occur when there is a big event that creates hype. But without that, the price might stay at the current level or decrease slightly following the movement of bitcoin. And in conclusion Doge coin still has hope and is not dead. Dyor.

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oaz7t
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December 30, 2022, 11:30:03 AM
Last edit: December 30, 2022, 12:42:08 PM by oaz7t
 #94

Though Elon was biggest influencer of the DOGE, I highly recommend not to connect the dots with Elon being CEO or not CEO of Twitter and DOGE loosing its value with it. If people are thinking that Elon becoming CEO of Twitter has got anything to do with the DOGE prices then they are not looking in the right direction. What Elon supposed to be doing with DOGE and Twitter? Introduce a tipping system which will use DOGE as currency? I highly doubt that will
happen in the long run. Let's understand the fact that DOGE was also supposed to go the moon with the SpaceX mission in the first Quarter of 2022, yet we are here just two days before 2022 ends and no updates regarding the same. I think we should stop believing in the hoax that goes around billionaires.




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December 30, 2022, 12:13:08 PM
 #95

I think Doge coin still has potential in the upcoming bullrun market. and if we talk about the current decline, then this is natural. because it's not just the Doge that has been on the decline in the current bear market. But almost all Altcoins have decreased even bitcoin. expecting an increase in a bearish market can only occur when there is a big event that creates hype. But without that, the price might stay at the current level or decrease slightly following the movement of bitcoin. And in conclusion Doge coin still has hope and is not dead. Dyor.
Most of us have the guts to say that Dogecoin remains valuable in the market compared to shitcoins. The shilled that has been done by Elon Musk is not only a factor that helps Dogecoin remains one of the top 20 in the CMC. Though I couldn't expect a bullish price of Doge in the next Bullrun still we can say that it has the chance to rally during that time.
Dogecoin will just be dead if nobody will take care of it but as we can see, many traders are still using this which makes the project standstill despite the rejections of some investors.
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December 30, 2022, 01:55:54 PM
 #96

i believe it's not dead yet. the doge community is active and doing good since a few years ago. then elon musk came and made a high impact for doge price. i think the doge community can handle it even if elon musk is gone.

I think you overestimate Elon's current influence on DOGE. His words don't worth much now and until he makes it as a payment method on Twitter or something like that DOGE won't see a big pump.
The value of cryptocurrencies is subject to high market risk and price volatility you should only invest in products with which you are familiar and where you understand the associated risks. There is currently no use of doge and the people who bought doge deny every evidence and have no future and development opportunities.
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December 30, 2022, 02:43:40 PM
 #97

I don't think that Elon is losing grip of Twitter, on the contrary, he bought it already and now has full control of it. Doge has existed even before Elon put a hype of it, and so it will continue to exist even if Elon will not support it.

The market is terrible continue, I do agree, and so is the other coins as well including Bitcoin. And so when we had another bull run, for sure Doge could be one coin that will enjoy the support again and maybe reaches new all time high, with or without Elon hyping it.
Exactly. Elon Musk remains as the owner of Twitter, even if behind the curtains, therefore his influence will be still there all the time. If he wants to push a new DOGE hype he will have all the necessary tools to do it. And even if he didn't have Twitter, he could continue endorsing DOGE through his social medias, like he has always done since much before all the talk about purchasing Twitter has started.

What we see regards DOGE's price is more related to the whole bearish season every cryptocurrencies are facing right now. Once the negative trend in crypto market is over, we are going many currencies rising together, and I believe DOGE is one of them. Despite being a memecoin, it's also a classic coin. That is the difference between DOGE and its memecoins pairs which don't have any long term potential.


I will agree that, even if Elon no longer supports Doge, it will not die because it was created and existed before Elon entered the market. But I don't think Doge can bounce back and rise again if Elon stops supporting it. In previous bull runs, Doge was there but went unnoticed until Elon talked about it, so it can be said that the existence of the Doge does not depend on him, but its hype depends entirely on him. Without Elon, Doge is still a coin with no value, not receiving too much attention in the market.

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December 30, 2022, 04:59:03 PM
 #98

i believe it's not dead yet. the doge community is active and doing good since a few years ago. then elon musk came and made a high impact for doge price. i think the doge community can handle it even if elon musk is gone.

I think you overestimate Elon's current influence on DOGE. His words don't worth much now and until he makes it as a payment method on Twitter or something like that DOGE won't see a big pump.
I don't think there are changes in the price even if Elon do something on his memecoins to pump. We are in a bear market and if Elon try to pump doge then you know what most investors would do if there's a pump. His influence has nothing to do with what is happening in his memecoins, it's just that we are in the bear market and every coins in the market are suffering from losses.

And I don't think doge would be out of the market if they have Elon Musk as influencer of this coin. Things might change a little if Elon would do something but remember that almost every altcoins would follow the trend of Bitcoin.

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December 30, 2022, 06:09:24 PM
 #99

i believe it's not dead yet. the doge community is active and doing good since a few years ago. then elon musk came and made a high impact for doge price. i think the doge community can handle it even if elon musk is gone.
You can say but Elon has no more influence on Dogecoin because now Dogecoin is on its own way. Elon pumped it a lot and now Elon has no much value against Dogecoin.
And yes the Dogecoin community is active and the team is working more to improve the core of Dogecoin.
No matter how hard the team works on the project, DOGE is already very much hyped. After Elon Musk stepped in, the coin showed incredible growth. Now of course, we cannot say that DOGE is dead, just like many other projects. But I don't know what would have to happen for such a great success to happen again.
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December 31, 2022, 04:48:56 AM
 #100

The price of a joke is already hyped. Why do you have to link Elon Musk with Doge?

He's still playing with it casually. Why not link them?

If Elon didn't mention DOGE the price wouldn't be here.
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