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[aryan4]

The cryptocurrency Dogecoin (DOGE) has gained 60% in the last 24 hours. Dogecoin seems to be pumped by another online community this time too. Ascendant; It is said that the r / wallstreetbets subreddit group with 4.1 million users responsible for this month's GameStop pump may be responsible.
How do you interpret such movements?

 

[aryan4]

For some reason, this coin has often become susceptible to manipulation. With very different referrals, they increase the price and then reduce it at the same speed.

 

[GoldenLady]

The cryptocurrency Dogecoin (DOGE) has gained 60% in the last 24 hours. Dogecoin seems to be pumped by another online community this time too. Ascendant; It is said that the r / wallstreetbets subreddit group with 4.1 million users responsible for this month's GameStop pump may be responsible.
How do you interpret such movements?

It's surprising how doge has finally hit a bull run when other coins are stabilizing, buy good news to all who invested in it.

For how long will this continue, and can dogecoin really go to the moon this time?

 

[leithy]

I remember last year there was an effort on social media to get doge coin up to $2. I think it was on tik tok. The price increased quickly and then decreased just as quick. Is this another pump and dump as it is up over 200% in last 24 hours.

 

[achawaskey]

You have said it all, that some companies pump the coin into the betting system, that alone will add some vale to the coin, I think that's the reason for the sharp increase.

 

[Niftyicon]

It is simply some manipulations at play and with this knowledge if I had some, I would probably sell some to enjoy the pumping at the moment.

 

[sammyblaq]

If pumping of coin by companies is the main reason for the 139% increase of Doge in the last 24hours, more companies should come up and support the smaller coins to gain value too by pumping up.

 

[aryan4]

You have said it all, that some companies pump the coin into the betting system, that alone will add some vale to the coin, I think that's the reason for the sharp increase.

Yes, exactly that way. Unfortunately, those who come to such games unknowingly do serious damage while someone is winning. It seems that some will be very upset again.

 

[Humbu]

I'm really surprised that dogecoin has grown this far. I remember early last year asking around if the coin is worth holding on and everybody said no it's a useless coin. It shows that nothing is impossible

 

[aryan4]

I'm really surprised that dogecoin has grown this far. I remember early last year asking around if the coin is worth holding on and everybody said no it's a useless coin. It shows that nothing is impossible

Of course nothing is impossible. But they are now pumping this coin from time to time, and many small investors who do not know what happened suffer serious losses.

 

[Humbu]

Of course nothing is impossible. But they are now pumping this coin from time to time, and many small investors who do not know what happened suffer serious losses.

You are correct, I also suspect that someone might be behind all this. Now small investors are flocking to invest in doge, I hope they don't regret.

 

[aryan4]

You are correct, I also suspect that someone might be behind all this. Now small investors are flocking to invest in doge, I hope they don't regret.

I hope they won't regret it, but I'm sure some of them are already. Unfortunately, some people can mislead another just for the sake of money.

 

[leithy]

Anyone who bought due to FOMO yesterday will have lost serious money as coinmarketcap is showing is showing price of doge at $0.0269, a drop of 51.26% in last 24 hours.

 

[Brain]

You are correct, I also suspect that someone might be behind all this. Now small investors are flocking to invest in doge, I hope they don't regret.

I think people are investing in dogecoin because of the influence of big enterprenuers like musk. He just tweeted dogecoin on his account then sales went so high. But dogecoin is rising though

 

[Humbu]

I think people are investing in dogecoin because of the influence of big enterprenuers like musk. He just tweeted dogecoin on his account then sales went so high. But dogecoin is rising though

Yes it went high but now its back down again. So the likes of Elon can just scream dogecoin and the price goes up? Indeed money is power, but atleast a few people made profit

 

[Brain]

Yes it went high but now its back down again. So the likes of Elon can just scream dogecoin and the price goes up? Indeed money is power, but atleast a few people made profit

Yeah that's just the essence of influencers, they are to influence others like what they influence or endorse check the records of even the Kardashians. This is one of the ways they make cool money. So investing in dogecoin wouldn't be a waste

 

[BullyMaguire]

Alright, now people are talking about Dogecoin's going to sky rocket again. Im kind of on a panic mode because of that i wanted to buy more but i don't think i can if this continues to happen

 

[Brain]

Nothing wrong with investing in dogecoin now at whatever rate it is been sold for now. If the news making rounds is anything to go by then making good of the purchases in the future is very possible

 

[mongelli2002]