The hype ends ?

[asriloni]

The market has been doing good for a few weeks now,Btc has reached over 30k recently which is a very good sign that the market is recovering and we may soon be out of the bear market hopefully.Think it will be a very good idea to buy some altcoins and hold for long,there can bring good profits if the bull market continues.

So many bad news related to the dollars. People are FOMOing it by buying bitcoin. As you can see that bitcoin has been surpassing 30k rate and that means if there would be more money was coming to the bitcoin.

This will not greatly impacting the price of doge coin. The hype is coming again right now. I guess if bitcoin keeps rising even higher and this will be triggering so many people to drive FOMO becomes even more crazier than before.
So many people have been preparing for the big pump that will come soon. The hype has not ended yet.


OP, since when doge coin was reaching its ATH. The peak price was more than 70 cents. After elon changes the logo of twitter back to what it should be and it was giving a huge depreciation to the price of doge coin.
That hype that already made by elon was only happening for short term unlike when bitcoin will be going to the moon.

It will be making long term hype to the any altcoins in the market.

[podluznyj]

The market isn't consistent and it's volatile and could easily change your belief in an instant. Speaking too soon about the prices wouldn't always be accurate because anything could happen instantly especially with Bitcoin. Bitcoin is actually pumping along with other coins so we can't say that the hype is over because we didn't even reach the bullish season yet. Anything surprising could happen unpredictably. Instead of worrying that the hype would be over, you better trust the potential coins that we want.

Yes, I agree, fickle and unstable, simply unpredictable, you can’t say what will happen tomorrow

[eaLiTy]

~
 After elon changes the logo of twitter back to what it should be and it was giving a huge depreciation to the price of doge coin.
That hype that already made by elon was only happening for short term unlike when bitcoin will be going to the moon.

It will be making long term hype to the any altcoins in the market.

We should expect these sort of hype from Elon Musk as he is behind Dogecoin and the sole reason its market rises is because of his indirect promotion through Twitter and since he owns the social media company, i wont be surprised if he make Dogecoin the main coin for the platform to send money and that alone can boost the price further.

Since the BTCitcoin market is rallying people might sell off their alts and jump into the rally and ride them and it is common practice in this space.

[sulendra12]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

This type of post really makes people misinterpreted the whole situation because it makes stuff become worse. Bitcoin is at $30.276 and little dump on cryptocurrency doesn't make the whole hype ends. This whole situation makes the cryptocurrency at a good spot in recent few months, because we've reached $30k on Bitcoin so stuff are looking at better side for now.

[Oilacris]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

Expect hypes from time to time because it could really just pop out and could be seen on the market no matter what the time it would be.There's no way that we could get rid about this.
and we know that things do come and go when it comes to new project. For old projects like Doge and ETH then im not really that shocked anymore on what ever the price would be.
Hype could  die and then suddenly comes back and this is what this market could really shown on.If you are a type of person who do easily get impulsive on the time that
you would be seeing things or news or events and fucked up your investment decisions then you should really be needing to change a bit.

[Wakate]

In the past few weeks, most cryptocurrencies have been doing great: Bitcoin price increasing from below $20,000 to above $28,000, ETH following to increase to the level of above $1,800, same as some other big name altcoins. Even the new listed ARB has enjoyed an ATH around $1.3(if I am not wrong), and Dogecoin price was suddenly reaching an ATH at almost $0.1 after Elon Musk changed the Twitter logo as Dogecoin. However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ? Please let me know your thoughts. By the way, I am with FireDAO team, in charge of the global community. Please feel free to contact me should you have any inquiry.

We can consider that over because Bitcoin is still doing well in the market. The price of Bitcoin is still high and we hope to see more bullish trend coming to the market. Every cryptocurrency projects are trying there best to make sure they keep attracting investors with huge incentives to make sure that more persons buy more token so that the price of their coin will go upwardly just like Bitcoin had been doing. The hype just began and we are going to see more of it soon since this looks like the bullish trend is warming up to set the sire burning. I am very happy to experience this once again seeing the falling prices of different tokens rising up again to set another path.

[shinratensei_]

just because the bullrun is in pause, doesn't mean it's gone forever, the thing is, in every bitcoin bullish runs, even from few years ago, there's always some moments where it got pulled back, because it's waiting for a great chance for accumulation, moreover it also seems observing the general trend, right now there has been so many things going on like the collapsing of many banks around the world which it seems to have resolved already. currently the fact that bitcoin has reached more than $30 k is an achievement on its own mainly because, at least it has broken through some walls and potentially grow further. I remembered how the scenario played out in the previous bullruns, everyone was always hesitant when bitcoin slowly reaching its peak, until it quite literally scored new all time highs that the masses are starting to get fomo'd which of course already too late but the still make profit out of it, just shows how massive the bullruns was in few years ago.

[GreatArkansas]

(....)
However, the market correction happened after the little hype endured a short period. What can we conclude from all these market fluctuation ? Until the next bull market comes, is this hype considered over now ?

With Bitcoin already back at $30,000 I think for me we are already not in the bear market anymore but I can say we are still not in a bull market. From what I can see, I am expecting Bitcoin to do sideways until 3rd to last quarter of this year.
About market fluctuation, I can say it's not really too much right now especially since we started back to $25,000 before.

[FireDAOJackie_Z]

just because the bullrun is in pause, doesn't mean it's gone forever, the thing is, in every bitcoin bullish runs, even from few years ago, there's always some moments where it got pulled back, because it's waiting for a great chance for accumulation, moreover it also seems observing the general trend, right now there has been so many things going on like the collapsing of many banks around the world which it seems to have resolved already. currently the fact that bitcoin has reached more than $30 k is an achievement on its own mainly because, at least it has broken through some walls and potentially grow further. I remembered how the scenario played out in the previous bullruns, everyone was always hesitant when bitcoin slowly reaching its peak, until it quite literally scored new all time highs that the masses are starting to get fomo'd which of course already too late but the still make profit out of it, just shows how massive the bullruns was in few years ago.

Agreed. The hype was paused but not over yet. Today all coins are in green now so at least it shows that the market is marching towards the next bull run. I should have been grateful for the FOMO and bought some Bitcoin before the hype started. The BTC price is now stable above $30K, which is a great sign for the whole market. This year, as the news about the world economy is still negative, the crypto market will absorb more investment than ever. We are more confident in our project FireDAO and if you are free, pleas refer to our website https://www.firedao.co/ to find more detailed info. Hope you'll like it.