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[microunit]

Just in: Dogecoin sharply fell down from price mark of .66$ to low .51$ in just less than an hour then it went up back to .56$ before quickly being pulled back to .51$ in the succeeding hours. This might be the cause of people already selling their doges for profits and people who are scared to further hodl their doges for losses

 

[Wisdom01]

Some people are selling so fast , because they are not yet confident with the price , but i believe that with little time ,the price would improve again

 

[leithy]

Doge has had a huge price increase recently. Apart from Elon Musk posting tweets about it what reasons are there for the increase? Some holders will have sold to make profit, and may buy-back at a lower price, while others may be following the herd.

 

[microunit]

Doge keeps on falling though, it fell as low as $.43 though people seems to be buying the dip and now it is back at half a dollar, I guess that's good that people still seems to have interest in dogecoin

 

[Wisdom01]

Doge has had a huge price increase recently. Apart from Elon Musk posting tweets about it what reasons are there for the increase? Some holders will have sold to make profit, and may buy-back at a lower price, while others may be following the herd.

Nothing at all , it now seems Like elon is the one that owns the coin ,i was expecting dogecoin company to introduce stalking options and many more

 

[microunit]

Nothing at all , it now seems Like elon is the one that owns the coin ,i was expecting dogecoin company to introduce stalking options and many more

I think the dogecoin devs have no plans to improve or upgrade the dogecoin network though, as the coin was initially created as just a meme and probably they think that the coin is already okay the way it is

 

[Niftyicon]

The price crash for doge was so rapid but thankfully it is getting up gradually. With it going back up shows people are still interested in the coin. We would know over the coming few days.

 

[SCAMEXPOSER]

The price has crashed today as high as negative 35% but it has recovered significantly because the all time high for doge should be $0.78 and currently $0.58

 

[Wisdom01]

I think the dogecoin devs have no plans to improve or upgrade the dogecoin network though, as the coin was initially created as just a meme and probably they think that the coin is already okay the way it is

That is the problem ,they should create plans and not start taking the coin like it have no future or so because its not right.

 

[microunit]

So during a guest host that elon musk did on Saturday night live. Elon reportedly said that dogecoin was the future of cryptocurrency and that it is force to be reckon with but later on when asked if he thinks that dogecoin is a hustle he answered it directly saying that it is really a hustle , after which dogecoin fell down sharply down till $.41 from $.65. though it seems like elon still have alot of trust in dogecoin and people also seems to be buying the dip , doge coin now standing up nack again at $.55 price mark

 

[leithy]

I suppose it depends on whether he wanted to see if his view still affects doge price or perhaps trying to lower price to buy more at the low price and then sell when next pump comes.

 

[Niftyicon]

The hype the Saturday night live show brought to dogecoin couldn't achieve what many hoped for, to see doge shoot past the $1 mark. This thread gave me the realization that Elon probably knew what he was doing while answering those questions.