Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X

[adaseb]

I must be blind because I checked the chart, at least on the hourly and I don’t see any 10% pumps. All I see is a nasty crash on the 9th. When was this exactly?

Elon barely posts anything about Doge anymore and when he does the pumps are less and less effective. And they almost always fade. I think like 80% whenever he pumped Doge they shortly faded right after.

[siedemtrzy]

I must be blind because I checked the chart, at least on the hourly and I don’t see any 10% pumps. All I see is a nasty crash on the 9th. When was this exactly?

Elon barely posts anything about Doge anymore and when he does the pumps are less and less effective. And they almost always fade. I think like 80% whenever he pumped Doge they shortly faded right after.

If you click the source you'll see that the original news was posted on 25th of July. So this post was absolutely outdated and pointless.

[savetheFORUM]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

I wonder how long will dogecoin investors and holders depend on Elon Musk to keep pumping it so that they can earn some profit? Isn't it better to simply invest in an altcoin that has organic growth and it isn't completely dependent on a single person to make it go up and down? This is the reason why I'm not a fan of meme coins because they can't move without getting some hype either from the community or some celebrity who will need to do something to keep it moving.

If I had any investment in Dogecoin, I would exit as soon as would get in profit and invest that amount into another altcoin that I know has the potential to go up and down without having to depend on someone so that I can rest assured that my investment will grow over time and I wouldn't be looking for a Tweet or something.

[Abiky]

I must be blind because I checked the chart, at least on the hourly and I don’t see any 10% pumps. All I see is a nasty crash on the 9th. When was this exactly?

Elon barely posts anything about Doge anymore and when he does the pumps are less and less effective. And they almost always fade. I think like 80% whenever he pumped Doge they shortly faded right after.

Exactly. Dogecoin is having a hard time reaching a new ATH. It can't even get past the $0.10 range. I guess investors are tired of Elon Musk with the constant shilling of the "meme" coin. The guy used to make false promises of integrating DOGE into Twitter (now called "X"). Nothing ever materialized, so the market is reacting negatively against the cryptocurrency.

Unless Dogecoin developers introduce some sort of burning mechanism or make the cryptocurrency deflationary, I don't see market prices going anywhere soon. Good for DOGE, because it was never meant to be taken seriously. Maybe we'll see prices heading below $0.01 sometime in the future?

[beerlover]

Dogecoin is having a hard time reaching a new ATH. It can't even get past the $0.10 range. I guess investors are tired of Elon Musk with the constant shilling of the "meme" coin. The guy used to make false promises of integrating DOGE into Twitter (now called "X"). Nothing ever materialized, so the market is reacting negatively against the cryptocurrency.

Unless Dogecoin developers introduce some sort of burning mechanism or make the cryptocurrency deflationary, I don't see market prices going anywhere soon. Good for DOGE, because it was never meant to be taken seriously. Maybe we'll see prices heading below $0.01 sometime in the future?

Well, what do we expect? Apart from the fact that it was only a meme coin, the whole crypto market is still in dumped phase. Maybe there are people who are done with Elon but others are still there. They believe Elon will manipulate the coin again and they believe the coin can recover well when the bulls are back.

Maybe there are also problems which delays the idea and as we can see, X are still continuously being revamped. We can only make a proper conclusion once all operations are completed and we still don't see the coin there. If what you suggest from DOGE is considered, I think the views of the many are going to changed. And that alone can lift its price.

[Abiky]

Well, what do we expect? Apart from the fact that it was only a meme coin, the whole crypto market is still in dumped phase. Maybe there are people who are done with Elon but others are still there. They believe Elon will manipulate the coin again and they believe the coin can recover well when the bulls are back.

Maybe there are also problems which delays the idea and as we can see, X are still continuously being revamped. We can only make a proper conclusion once all operations are completed and we still don't see the coin there. If what you suggest from DOGE is considered, I think the views of the many are going to changed. And that alone can lift its price.

Only time will tell if Elon Musk will be able to integrate Dogecoin into "X". If materialized, Dogecoin's price could soar towards unprecedented levels. It's likely DOGE will be worth more than $1 after this. Without something that would "pump" the price of the "meme" coin, investors will eventually get tired. They will look for the next big thing in crypto.

I'd put my attention into serious cryptocurrencies that are driven by utility. Not hype. They have a higher chance of surviving the tide. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. Who knows how far Dogecoin will go? Just my opinion

[wheelz1200]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

Dogecoins price is inherently tied to elon.  I'd be very weary of anything that is tied to one specific person or one particular event.  The problem with dogecoin is that a ton of people are already sitting on bags of it.  They are looking to offload it so there will be a lot of sell pressure on it as it goes back up once we hit a bullrun.

[Mate2237]

How can Elon Musk will be interested on a coin that has not even hit a dollar? I am still wondering why a coin or a project of many years is still battling to hit a dollar. Really the matter is not clear for me. If it is in 2024 Dogecoin will hit $1 dollar then it is better to invest in bitcoin than doge. Noso which a recent project (coin) is hitting $2+ and trying to hit 4-5 in the next 1-2 years to come. As you said if anyone is interested to invest with the money that you not yet to invest in a good projects but just want to drop it in Dogecoin then it is your choice.

Before you invest in project check the movement of the project for like 2 days to know the movement of the market if it will be a favourable one or not.

[Abiky]

Dogecoins price is inherently tied to elon.  I'd be very weary of anything that is tied to one specific person or one particular event.  The problem with dogecoin is that a ton of people are already sitting on bags of it.  They are looking to offload it so there will be a lot of sell pressure on it as it goes back up once we hit a bullrun.

I really hate it when all of the attention is focused on one person/entity. It makes the whole thing centralized. Most investors are only interested in Dogecoin if Elon Musk supports/patronizes it. Is this what crypto is all about?

Fortunately, the market seems to be moving away from Elon Musk. You can see DOGE's price unmoved even when he hinted again the possibility of adding DOGE into the "X" platform. Unless developers reduce the supply or introduce some sort of burning mechanism, don't expect Dogecoin to gain traction anytime soon. Maybe it will go back to sub $0.01 prices soon?

[rodskee]

I must be blind because I checked the chart, at least on the hourly and I don’t see any 10% pumps. All I see is a nasty crash on the 9th. When was this exactly?

Elon barely posts anything about Doge anymore and when he does the pumps are less and less effective. And they almost always fade. I think like 80% whenever he pumped Doge they shortly faded right after.

If you click the source you'll see that the original news was posted on 25th of July. So this post was absolutely outdated and pointless.

So it is an Old news from July ?   but yet what he said is correct that each time Elon put Dogecoin even in
tweets? the price climb high and really bringing good fortune to all Dogecoin users.

But now Am not sure about the Eloncoin ? is that something to do with Elon Musk ? the one that pushes by
 one of oldest member here and even bring a signature campaign? was curious if someone can give me hints on it.

[Sophokles]

I am really interested to see how a smart man like mask uses dogecoin in his rebranded X ecosystem. As he mentioned before X will be the next financial hub for users all over the world. So users will only be able to use doge like they are using fiat currencies for service and product payments or there will be other crypto and fiat currencies along with Doge. Sometimes it feels like he is doing this only to create hype about doge and he will allow doge as one of the options for payment along with other crypto and fiat currencies. 

I think like this because using only doge as an alternative to fiat payment won't make X a popular financial hub. Some elon followers might use it but most will not because it is a highly speculative crypto asset. To be used as a payment gateway doge needs to be relatively stable compared to other crypto assets. If Elon manages to make the doge price somewhat stable investors will turn away from it as it will not give them much profit like other crypto. So it's all just highly speculative measure that everyone is thinking. It can be totally something else that elon is thinking about right now.

[sana54210]

If you click the source you'll see that the original news was posted on 25th of July. So this post was absolutely outdated and pointless.

So it is an Old news from July ?   but yet what he said is correct that each time Elon put Dogecoin even in
tweets? the price climb high and really bringing good fortune to all Dogecoin users.

But now Am not sure about the Eloncoin ? is that something to do with Elon Musk ? the one that pushes by
 one of oldest member here and even bring a signature campaign? was curious if someone can give me hints on it.

The idea that whenever Elon tweets about doge the price of doge goes up is still valid, it is always true, he could tweet about it right now and the price will go up, that is guaranteed and nothing wrong with that. However, we are talking about something that is a little bit different here, we are talking about something that would be important to handle, and that is the fact that we are letting the crypto world be taken over by a single person, we should not allow that.

The fact that people spend their hard earned money based on what some rich person is talking about, is beyond bonkers and nobody should do that, they should avoid it as much as possible and we need to make sure that they are not investing because of him.

[Yamifoud]

There is nothing to wonder about because it normally happens to Dogecoin once Elon Musk gets into some announcements and mentions Doge, its price rises automatically. It is just like a magnet which is my many people can't leave this project believing that while there is Elon Musk behind, Dogecoin will give them profit.
Well, unlike other meme coins, Doge seems different and with the help of the community, this project remains known in the crypto space.

[poodle63]

There is nothing to wonder about because it normally happens to Dogecoin once Elon Musk gets into some announcements and mentions Doge, its price rises automatically. It is just like a magnet which is my many people can't leave this project believing that while there is Elon Musk behind, Dogecoin will give them profit.
Well, unlike other meme coins, Doge seems different and with the help of the community, this project remains known in the crypto space.

as I've observed with doge its always have strong link with whatever elon is stating meanwhile the other meme coin not so much, like shiba it was so much associated with elon back then when elon still shilling
for meme coin but right now its rather stagnant, i guess thats because elon kept on promoting doge coin even until today. but indeed its like magnet, whatever elon is saying kept getting associated with doge and therefore some pumps even at the silliest thing he'd say many doge investors are considering it as financial decision.
lets see how doge can fare in the next bullrun, i'm guessing its not gonna be that massive increase anymore but just stagnating though my guess most certainly could be wrong.

[AmoreJaz]

There is nothing to wonder about because it normally happens to Dogecoin once Elon Musk gets into some announcements and mentions Doge, its price rises automatically. It is just like a magnet which is my many people can't leave this project believing that while there is Elon Musk behind, Dogecoin will give them profit.
Well, unlike other meme coins, Doge seems different and with the help of the community, this project remains known in the crypto space.

as I've observed with doge its always have strong link with whatever elon is stating meanwhile the other meme coin not so much, like shiba it was so much associated with elon back then when elon still shilling
for meme coin but right now its rather stagnant, i guess thats because elon kept on promoting doge coin even until today. but indeed its like magnet, whatever elon is saying kept getting associated with doge and therefore some pumps even at the silliest thing he'd say many doge investors are considering it as financial decision.
lets see how doge can fare in the next bullrun, i'm guessing its not gonna be that massive increase anymore but just stagnating though my guess most certainly could be wrong.

first thing first, doge should at least reach the 10-cent level as we have seen this price more than a year ago. we should not rely on elon's shilling as there's no timeline on this scenario. but i understand holders are looking forward to what elon has to say to this old meme coin. because mentioning this old coin in one of his tweets really give some sort of jump, whether small or big one. hence, it is understandable that many holders are looking forward for the time that elon will say something about this coin.

[poodle63]

There is nothing to wonder about because it normally happens to Dogecoin once Elon Musk gets into some announcements and mentions Doge, its price rises automatically. It is just like a magnet which is my many people can't leave this project believing that while there is Elon Musk behind, Dogecoin will give them profit.
Well, unlike other meme coins, Doge seems different and with the help of the community, this project remains known in the crypto space.

doge is heavily linked with elon musk activity, whenever there's fuss about elon musk it automatically follow that, thats just how doge coin works and could establish such massive market capitalization because elon always there to shill for it unlike other meme coin, you see pepe, milady, memeland all of them doesn't have as much hypes because elon doesn't shill for them but doge is different.
even there's proposed integration with twitter as a platform you can imagine how promising it is to have shiller that is a billionaire and also own largest social media.
but then again at the end of the day its just meme coin, the risk for investment is simply too high for ordinary people therefore its not advised to invest in it.

[justdimin]

as I've observed with doge its always have strong link with whatever elon is stating meanwhile the other meme coin not so much, like shiba it was so much associated with elon back then when elon still shilling
for meme coin but right now its rather stagnant, i guess thats because elon kept on promoting doge coin even until today. but indeed its like magnet, whatever elon is saying kept getting associated with doge and therefore some pumps even at the silliest thing he'd say many doge investors are considering it as financial decision.
lets see how doge can fare in the next bullrun, i'm guessing its not gonna be that massive increase anymore but just stagnating though my guess most certainly could be wrong.

first thing first, doge should at least reach the 10-cent level as we have seen this price more than a year ago. we should not rely on elon's shilling as there's no timeline on this scenario. but i understand holders are looking forward to what elon has to say to this old meme coin. because mentioning this old coin in one of his tweets really give some sort of jump, whether small or big one. hence, it is understandable that many holders are looking forward for the time that elon will say something about this coin.

I feel like the increase will happen slowly, I mean looking at the market it looks like it is going to take some time but it is going to get there eventually and that should be important deal. I get that some people love doge, and that should be the most important part of this, if you like Doge that much then you will invest, not saying YOU but in general like if one loves it so much they will want to invest into it. That means we are going to see a lot of people who will invest, looking at the weekly increase, we can say that it is following bitcoin closely right now and the return could be very well.

We should just realize that it is not going to go up much more than bitcoin right away, that should require some bull run and alt season to start, that will not be anytime soon. I am guessing that next year around these times it could start, but until then it will probably do what bitcoin does and go up with it around the same amount of money for sure.

[btc78]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

Don't you worry mate because as time passes by the popularity of Elon Musk towards Dogecoin and other meme coin is fading , we can see that in how little the increasing happens while the recent is higher.
and also people from crypto are learning their lessons about how Elon trying to manipulate the system and they are turning as victim .
np wonder that in the coming years? Elon Musk will definitely loss His popularity and followers in terms of crypto investments .

[Sophokles]

A Dogecoin video artist just helped create an animation for Twitter’s “X” logo that was picked up by Elon Musk.

Dogecoin (DOGE) shot up another 10% on Tuesday on greater excitement surrounding Elon Musk’s rebranding of Twitter to “X”.
Tuesday’s rise follows a related post on Musk’s Twitter, where the tech mogul appeared to link X to the famous dog meme. Source

Don't you worry mate because as time passes by the popularity of Elon Musk towards Dogecoin and other meme coin is fading , we can see that in how little the increasing happens while the recent is higher.
and also people from crypto are learning their lessons about how Elon trying to manipulate the system and they are turning as victim .
np wonder that in the coming years? Elon Musk will definitely loss His popularity and followers in terms of crypto investments .

Elon has not talked about doge for some times but given the type of person he is I don't think he is going to give up on doge this easily. He had already said he would turn X his rebranded twitter into a financial hub. So I am expecting that the upcoming X development will also consist of using it as a payment gateway for online and offline services and marketplace including X. So it is possible that he will use doge as one of the payment options for X or the speculators are thinking something like this for now. 

The possibility of this is high and it is also possible that Elon is going to leave doge and use other options like BTC, ETH or any other crypto currency. Though the chances are very low, using doge is the most anticipated option that Elon will use but it is still a speculative move as doge is not a stable currency. So it will not be very convenient for X to use doge as payment.

[goaldigger]

There is nothing to wonder about because it normally happens to Dogecoin once Elon Musk gets into some announcements and mentions Doge, its price rises automatically. It is just like a magnet which is my many people can't leave this project believing that while there is Elon Musk behind, Dogecoin will give them profit.
Well, unlike other meme coins, Doge seems different and with the help of the community, this project remains known in the crypto space.

Here we go again, the hype started to fill up the market again and for sure many will follow this hype.
We know Elon is a supportive investors for DOGE, though we just don’t know his future plans about X and a memecoin but if this will happen, I’m sure DOGE will benefit from this. Stat cautious with the hype and remain focus about the real trend, we know how the memecoin is being manipulated by the whales, so let’s be more careful.