Surprise back!!!!

[Xal0lex]

It is true that the price of Doge had a pump in price the moment Elon Musk change the Twitter logo to Doge from 0.07-0.1 cents within 24 hours. After that has the price crossed 0.1 cents till then? The price is still fluctuating around 0.08 at the moment.

Now few people pay attention to these, boring to everyone, ways of PR from Ilon Musk. Many have already realized that DOGE is too overbought and bloated, so there is not much profit to be made there. Now there appeared many new meme-coins, which grabbed attention of crypto investors, but DOGE with its turtle growth rate is not interesting for very few people now.

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[nutildah]

Now there appeared many new meme-coins, which grabbed attention of crypto investors, but DOGE with its turtle growth rate is not interesting for very few people now.

That's the thing: its not meant to be "interesting" in terms of speculative potential, its meant to be a currency that people use to buy and sell things with. As an investment, its a total crapshoot. Regardless, I wouldn't bet against the world's richest man.

Besides, there actually are lots of interesting, Ordinals-esque developments taking place on Dogecoin right now. However, they do not have any buyers, lol.

[SmartGold01]

This was as a results of stirring up people up after buying much volume of Dogecoin, maybe he want's to trapped in more people to keep buying and later he may decides to go dump again after making his profits as usual.
This time I believe altcoin lovers most especially those who love dogecoin would fell victim if there's dump again. If am among those classes of people that puts so much interest on Altcoin then I have to be worried.

[terciduk123]

Omg some time ago Elon Musk again shocked the cryptocurrency community by changing his Twitter home profile and as the owner of Twitter which became the symbol of Doge Coin, now Doge has increased by 24% recorded today at https://www.coingecko.com/en/coins/dogecoin there is always this behavior of influential people.
Do you think Elonmusk's movement can make Doge return to the moon?

If asked so.
about course, it is still highly influential, but it must be accompanied by news about Dogecoin progress or the expansion of the Dogecoin ecosystem/use.
However, if Elon buys a large amount of Dogecoin at a low price, then pumps it and sells it at a high price, many people will become victims because he bought Dogecoin at a high price, while Elon enjoys the benefits and can freely leave Dogecoin or return when the price is low.

[Xal0lex]

Now there appeared many new meme-coins, which grabbed attention of crypto investors, but DOGE with its turtle growth rate is not interesting for very few people now.

That's the thing: its not meant to be "interesting" in terms of speculative potential, its meant to be a currency that people use to buy and sell things with. As an investment, its a total crapshoot. Regardless, I wouldn't bet against the world's richest man.

Besides, there actually are lots of interesting, Ordinals-esque developments taking place on Dogecoin right now. However, they do not have any buyers, lol.

Use altcoins to buy and sell goods? Who needs it? Altcoins are only used for speculation and nothing else, that is their main purpose. Meme coins have made that goal an absolute. I'm not sure that someone would want to buy meme-coins as a means of payment. The goal there is different, to get the maximum profit in a short period of time. For such tasks investing in meme coins suits best.

[nutildah]

Use altcoins to buy and sell goods? Who needs it?

Anyone who doesn't want to pay BTC's high fees or wait 10 minutes to 2 hours (or even longer) for a tx to confirm.

Altcoins are only used for speculation and nothing else, that is their main purpose.

The majority of altcoins (out of the thousands every created) don't serve a purpose outside of speculation but to make an absolute statement like yours is ignorant at best.

Meme coins have made that goal an absolute. I'm not sure that someone would want to buy meme-coins as a means of payment. The goal there is different, to get the maximum profit in a short period of time. For such tasks investing in meme coins suits best.

Dogecoin isn't just a "meme coin", its the first memecoin with the biggest community. It just happens to have what turned out to be a winning combination of short block times and a consistently inflationary supply. Both of those things help it act better as a currency than Bitcoin.

[Bitstar_coin]

24% is not such a big increase except for those who has a huge bag, only them can notice the big difference. To be honest the doge logo on twitter makes it look wired, am pretty sure Elon noticed it, reason why the original bird logo was restored back, or probably was only temporary to stare up reaction from the dogecoin community.
Elon has been the backbone of doge price increase for quite some time now, it will no longer surprises me when some how he managed to send doge to $1 and above.

[irsykes]

24% is not such a big increase except for those who has a huge bag, only them can notice the big difference. To be honest the doge logo on twitter makes it look wired, am pretty sure Elon noticed it, reason why the original bird logo was restored back, or probably was only temporary to stare up reaction from the dogecoin community.
Elon has been the backbone of doge price increase for quite some time now, it will no longer surprises me when some how he managed to send doge to $1 and above.

it could be that Dogecoin is Elon Musk's favorite coin, so sacrificing the Twitter logo to replace the Dogecoin coin logo makes it certain that Elon Musk will try hard to increase the price of Doge again in the future. for elon musk pumping the volume of dogecoin can be very fast to significant, but vice versa too. because perhaps elon musk reigns supreme with large investment volumes

[wheelz1200]

Omg some time ago Elon Musk again shocked the cryptocurrency community by changing his Twitter home profile and as the owner of Twitter which became the symbol of Doge Coin, now Doge has increased by 24% recorded today at https://www.coingecko.com/en/coins/dogecoin there is always this behavior of influential people.
Do you think Elonmusk's movement can make Doge return to the moon?

How much can you believe in a coin that relies on one guy who is a known troll to support the coin.  Eventually his influence will run out.  The people who buy based on elon will have full bags and the rest will just be looking to buy and dump for profit leaving doge in the dust.  It needs more than "a guy" to move a project.

[Marykeller]

24% is not such a big increase except for those who has a huge bag, only them can notice the big difference. To be honest the doge logo on twitter makes it look wired, am pretty sure Elon noticed it, reason why the original bird logo was restored back, or probably was only temporary to stare up reaction from the dogecoin community.
Elon has been the backbone of doge price increase for quite some time now, it will no longer surprises me when some how he managed to send doge to $1 and above.

it could be that Dogecoin is Elon Musk's favorite coin, so sacrificing the Twitter logo to replace the Dogecoin coin logo makes it certain that Elon Musk will try hard to increase the price of Doge again in the future. for elon musk pumping the volume of dogecoin can be very fast to significant, but vice versa too. because perhaps elon musk reigns supreme with large investment volumes

Dogecoin has been Elon Musk's favorite coin right from the onset. It was through Elon Musk that many people in this cryptosphere get to know about Dogecoin and they started investing in it because Elon Musk is backing it up.

In order to generate interest in Dogecoin and raise awareness of it ahead of the bull season, Elon Musk changed the Twitter logo. However, Elon Musk's plans were successful because they attracted a lot of attention from cryptocurrency investors on Twitter, prompting them to purchase Dogecoin in a hurry and causing its price to rise above expectations (0.07 to 0.1) within 24 hours.

Let's expect this kind of thing from Elon Musk to repeat itself at least once a time until next year halving of bitcoin starts.

[duckalis]

Musk’s movement had a short-term effect. A couple of days later, there was a price correction. If you look at the monthly timeframe (April 4 – May 3), the price of DOGE dropped by 17%. It doesn’t look like a flight to the moon, unfortunately.

[lixer]

Now there appeared many new meme-coins, which grabbed attention of crypto investors, but DOGE with its turtle growth rate is not interesting for very few people now.

That's the thing: its not meant to be "interesting" in terms of speculative potential, its meant to be a currency that people use to buy and sell things with. As an investment, its a total crapshoot. Regardless, I wouldn't bet against the world's richest man.

Besides, there actually are lots of interesting, Ordinals-esque developments taking place on Dogecoin right now. However, they do not have any buyers, lol.

I've literally never heard or seen anyone using DOGE to buy or sell things in a real-world trade, even on the internet, you can barely find a service that accepts DOGE as a mode of payment, and if there is, they won't be a lot. People use such tokens or coins only to gain money over their invested capital and they don't like them generally.

Just like how people are crazy fans of Bitcoin and they want to keep it and use and do whatever they can with it not only because it has a huge price value but because it has some value in itself and it's existence while meme coins lack that.

[mdzahed134]

Omg some time ago Elon Musk again shocked the cryptocurrency community by changing his Twitter home profile and as the owner of Twitter which became the symbol of Doge Coin, now Doge has increased by 24% recorded today at https://www.coingecko.com/en/coins/dogecoin there is always this behavior of influential people.
Do you think Elonmusk's movement can make Doge return to the moon?

I'm confused why there are still many people who believe Elon Musk, because I'm sure if he only manipulates Doge prices and it's very risky to make an investment, therefore I personally will definitely not be interested to investing in Doge or coin promoted by influencers, because the risk is very big and I am a person who prefers to avoid risks.

Right, and you know Doge is a meme coin and right now it’s 100% manipulated by Elon Musk, i don’t see it’s increase in the market until elon musk will tweet about it. So definitely it’s investment is high risky i think. Yeah, also i don’t know why people’s are paying so much attention in this coin where a lot of new trendy project in the market such as SUI & ARB.

[Xal0lex]

Use altcoins to buy and sell goods? Who needs it?

Anyone who doesn't want to pay BTC's high fees or wait 10 minutes to 2 hours (or even longer) for a tx to confirm.

If it worked that way, we would have seen long ago that altcoins outperform bitcoin in many ways in the amount of value transferred on the blockchain, but for some reason that is not the case. It's the same as hoping that someone will use a little-known blockchain instead of ETH because it's faster and cheaper.

Altcoins are only used for speculation and nothing else, that is their main purpose.

The majority of altcoins (out of the thousands every created) don't serve a purpose outside of speculation but to make an absolute statement like yours is ignorant at best.

Ignorant? Just because nutildah holds a different opinion?

Meme coins have made that goal an absolute. I'm not sure that someone would want to buy meme-coins as a means of payment. The goal there is different, to get the maximum profit in a short period of time. For such tasks investing in meme coins suits best.

Dogecoin isn't just a "meme coin", its the first memecoin with the biggest community. It just happens to have what turned out to be a winning combination of short block times and a consistently inflationary supply. Both of those things help it act better as a currency than Bitcoin.

Many altcoins make that claim, but all of them are far from the level of usage that bitcoin has. Apparently, the speed of transactions and their cheapness are not enough to dislodge the main cryptocurrency from the pedestal.

[nutildah]

Ignorant? Just because nutildah holds a different opinion?

Ignorant because you don't know what you're talking about. You're deciding on behalf of every cryptocurrency user what they are using crypto for, which is a bizarre proposition. Here are some of the coins I've used as currencies when, for whatever reason, Bitcoin wasn't suitable:

 - Dogecoin
 - Monero
 - Ethereum
 - Bitcoin Cash
 - Ripple
 - plus at least half a dozen others over the years

So the simple fact that I've personally used these as currencies negates your claim that they aren't used outside of speculation.

Many altcoins make that claim, but all of them are far from the level of usage that bitcoin has. Apparently, the speed of transactions and their cheapness are not enough to dislodge the main cryptocurrency from the pedestal.

Just because BTC has the highest market cap doesn't mean its the only cryptocurrency used as a currency.

[irsykes]

24% is not such a big increase except for those who has a huge bag, only them can notice the big difference. To be honest the doge logo on twitter makes it look wired, am pretty sure Elon noticed it, reason why the original bird logo was restored back, or probably was only temporary to stare up reaction from the dogecoin community.
Elon has been the backbone of doge price increase for quite some time now, it will no longer surprises me when some how he managed to send doge to $1 and above.

it could be that Dogecoin is Elon Musk's favorite coin, so sacrificing the Twitter logo to replace the Dogecoin coin logo makes it certain that Elon Musk will try hard to increase the price of Doge again in the future. for elon musk pumping the volume of dogecoin can be very fast to significant, but vice versa too. because perhaps elon musk reigns supreme with large investment volumes

Dogecoin has been Elon Musk's favorite coin right from the onset. It was through Elon Musk that many people in this cryptosphere get to know about Dogecoin and they started investing in it because Elon Musk is backing it up.

In order to generate interest in Dogecoin and raise awareness of it ahead of the bull season, Elon Musk changed the Twitter logo. However, Elon Musk's plans were successful because they attracted a lot of attention from cryptocurrency investors on Twitter, prompting them to purchase Dogecoin in a hurry and causing its price to rise above expectations (0.07 to 0.1) within 24 hours.

Let's expect this kind of thing from Elon Musk to repeat itself at least once a time until next year halving of bitcoin starts.

always be careful, don't make decisions easily because it looks sweet, but we have to think otherwise, something we don't want. this could be a trick to attracting people who are speculating highly about elonk musk's support to dogecoin. a lot of people are still trapped in the high price of doge coin and the bullrun season is still far away to return investors' hopes

[tygeade]

It is true that the price of Doge had a pump in price the moment Elon Musk change the Twitter logo to Doge from 0.07-0.1 cents within 24 hours. After that has the price crossed 0.1 cents till then? The price is still fluctuating around 0.08 at the moment.

Now few people pay attention to these, boring to everyone, ways of PR from Ilon Musk. Many have already realized that DOGE is too overbought and bloated, so there is not much profit to be made there. Now there appeared many new meme-coins, which grabbed attention of crypto investors, but DOGE with its turtle growth rate is not interesting for very few people now.

It has been like that for a while now, I mean when you take a meme project into top 10, what did you expected? How could that go up even more, did they expected it to go above bitcoin? ethereum? Not even bnb would be possible for it. So that means it was futile attempt, even if it went up like that, the only way left was down, and that is it. Meme projects could be a fun gamble if you want to buy something at release and hope that it gets hyped and you make some profit and sell.

But, aside from that there is really nothing that can make them in the top 10 and stay there or grow. Even shiba was at 10th place at some point I think, or was close at least, not 15th and will go down even more from there, doge will be out of top 10 soon enough as well, I am sure of it.

[Xal0lex]

So the simple fact that I've personally used these as currencies negates your claim that they aren't used outside of speculation.

 

So you're trying to disprove my claim that the main purpose of all altcoins is speculation? That doesn't refute the fact I stated. It only confirms how you feel about these cryptocurrencies. I won't argue that the cryptocurrencies you listed are used as a means of payment, but in the context of all altcoins it looks more like an exception to the rule than a refutation of a fact. There are hundreds of thousands of altcoins in the world and their main function is speculation. There are several dozens of altcoins that can be used as a means of payment, but against the background of the total number of issued altcoins it is a drop in the ocean.

P.S. In general, we will remain each with our own opinion.

[Quidat]

Omg some time ago Elon Musk again shocked the cryptocurrency community by changing his Twitter home profile and as the owner of Twitter which became the symbol of Doge Coin, now Doge has increased by 24% recorded today at https://www.coingecko.com/en/coins/dogecoin there is always this behavior of influential people.
Do you think Elonmusk's movement can make Doge return to the moon?

Isnt it that Twitter does have its new name? This basing on what i have heard.


Twitter Inc. has told the courts that it has a new company name in a new state: X Corp., an entity incorporated in Nevada instead of Twitter’s previous domicile in Delaware.

While the social-media platform on users’ phones and computers still bears the name Twitter, “Twitter Inc. has been merged into X Corp. and no longer exists,” according to a legal filing last week informing a Florida federal court of the change in a case where Twitter is a party. X Corp. is a privately held company incorporated in Nevada, Twitter’s lawyers said.


Source: https://www.wsj.com/articles/twitter-inc-changes-its-name-to-x-corp-and-moves-to-nevada-703ac892

As for DOGE hype and changed up icon instead of bird, then it wont be a shocking thing that price of Doge would bump up. This is how this market looks
like when it comes to fundamental aspects which it would really be that significant whenever Elon do make out some tweet on particular things.
People or the community around is really just that too reactive.

[RussianEnglishTranslation]

I think Elon and others are pumping meme coins to get you to buy literal dog sht and keep you away from investing in projects with real world utility that will provide generational wealth, like XRP and Q Blockchain.