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[NoLimits15]

Dogecoin's price went up after Elon Musk posted a tweet saying that Dogecoin is his favorite crypto. Prices went up to $0.0037 which is an almost 8% increase, but it's still worthless! Musk had previously posted tweets saying that Dogecoin is the king of all crypto, but I don't know why he has such high hopes for Dogecoin. What do you think about this?

 

[Wisdom01]

This may be true though I haven't verify if it was his tweet that helped the coin this time arround or other activities , the coin price has not really reduced even after the pump.

I think the price of the coin fell from $0.45 to 0.24 , but now its back on the track and its increasing greatly , some would have bought the dip

 

[Josemendez]

This may be true though I haven't verify if it was his tweet that helped the coin this time arround or other activities , the coin price has not really reduced even after the pump.

It was his tweet and sadly , this means that dogecoin cannot be able to stand on it's own . The coin lacks use case and sustainability

 

[Fayiz]

I read Somewhere dogecoin is started for joke in 2013 there is no improvement in this coin even though started long years back but now dogecoin is rising first time like this expect cross 1$ soon

 

[Josemendez]

I read Somewhere dogecoin is started for joke in 2013 there is no improvement in this coin even though started long years back but now dogecoin is rising first time like this expect cross 1$ soon

Yeah it was a meme coin ,however it has be known as Elon musk coin , and Elon Musk indeed controls it price . His tweets affect the demand for the coin

 

[SCAMEXPOSER]

Yeah it was a meme coin ,however it has be known as Elon musk coin , and Elon Musk indeed controls it price . His tweets affect the demand for the coin

I don't understand what people mean by calling the coin a meme coin , I have heard this name several times, please can you clarify.

 

[Josemendez]

I don't understand what people mean by calling the coin a meme coin , I have heard this name several times, please can you clarify.

Dogecoin was created as a meme coin . So it was this reasons that people weren't serious with it ,and also why SEC can't prove Elon Musk for it's promotion. Read about dogecoin you will understand

 

[Wisdom01]

Dogecoin was created as a meme coin . So it was this reasons that people weren't serious with it ,and also why SEC can't prove Elon Musk for it's promotion. Read about dogecoin you will understand

This is really true and been called meme coin is what amazes me about the coin too,because the coin wasn't taken very serious fron the beginning ,until the involvement of elonmusk

 

[silentwatch]

Maybe elon musk colaborate with some "pump" group that ussually use his tweet to pump doge. If you in doge trading, better be watch out of this or you lose you money or worth lower then before
Good luck

 

[Josemendez]

This is really true and been called meme coin is what amazes me about the coin too,because the coin wasn't taken very serious fron the beginning ,until the involvement of elonmusk

Yeah but then Elon Musk himself do not take the coin serious as we all think . He is just joking around . He could have bought dogecoin for Tesla instead of bitcoin

 

[Wisdom01]

Yeah but then Elon Musk himself do not take the coin serious as we all think . He is just joking around . He could have bought dogecoin for Tesla instead of bitcoin

I know but he is trying to protect buyers investment , because the influence of $100k on dogecoin can't be compared to bitcoin ,,if you invest such huge money on dogecoin and you want to buy a telsa car ,the price would move very high compared to bitcoin, and also also bitcoin popularity is another factor

 

[a_jerobon]

I don't understand what people mean by calling the coin a meme coin , I have heard this name several times, please can you clarify.

I think it is called a meme coin because it was created just jokingly back in 2013. I think it was never taken seriously and that is why its price never really rose. Until when Elon Musk took interest in it and started tweeting about it.

 

[Wisdom01]

I think it is called a meme coin because it was created just jokingly back in 2013. I think it was never taken seriously and that is why its price never really rose. Until when Elon Musk took interest in it and started tweeting about it.

Yeah its a meme coin and those who invested in the coin then , would know be reaping the benefit in the coin by know , its the importance of taking things seriously

 

[a_jerobon]

Yeah its a meme coin and those who invested in the coin then , would know be reaping the benefit in the coin by know , its the importance of taking things seriously

Yeah, right. Failing to take some things seriously may lead to regrets later on. Those who invested in it earlier are really enjoying profits. There are people who saw that Elon musk had taken interest in the coin and so they invested, I think they are among the lucky ones.

 

[Josemendez]

Yeah its a meme coin and those who invested in the coin then , would know be reaping the benefit in the coin by know , its the importance of taking things seriously

That will be the case if only they were patient with the coin uptil now less , they would have sold it , because it took time before the coin rose

 

[Wisdom01]

That will be the case if only they were patient with the coin uptil now less , they would have sold it , because it took time before the coin rose

Maybe they were skeptical about the coin,and who knows if elon didn't promote the coin, it might not move or increase in the price we were expecting ,everything is on probability

 

[Josemendez]

Maybe they were skeptical about the coin,and who knows if elon didn't promote the coin, it might not move or increase in the price we were expecting ,everything is on probability

Imagine having a coin that is not rising in one's wallet for a long period of time . It is very discouraging and surely no one will be happy with it

 

[achawaskey]

I think Elon has high stake in dogecoin that is why he has been promoting the crypto, it is part of his business assets. If he want doge to rise much higher, let him rally his friends to invest in doge.

 

[Wisdom01]

Imagine having a coin that is not rising in one's wallet for a long period of time . It is very discouraging and surely no one will be happy with it

Its really frustrating to see your coin not rising in your wallet ,i can understand that kind of pain and feelings the person would go through

 

[Josemendez]

I think Elon has high stake in dogecoin that is why he has been promoting the crypto, it is part of his business assets. If he want doge to rise much higher, let him rally his friends to invest in doge.

Exactly my point . He should stop playing with people's trust and faith in him . He needs to stand out for the coin if he really believes in the coin