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[SCAMEXPOSER]

Elon Musk might be on air again to strategically promote and pump doge coin. He recently revealed in a recent podcast by Lex Fridman that Dogecoin crypto is fundamentally better than anything he has ever seen. More so, Elon Musk then compares Bitcoin to Doge, stating that he prefers the latter. He reminded Fridman that, in comparison to BTC, Dogecoin has a significantly bigger transaction volume and also has a far lower transaction fee than Bitcoin.
Could all these mentioned inform your decision to invest more in doge coin?

 

[btaliat]

I am very sure this is another strategy to entice people to invest in doge coin just for Elon Musk's gain alone. He's just manipulating the coin as he wishes. That's the major reason I am being skeptical of investing in doge coin. There was a time he tweeted that bitcoin would be his payment option. Now he's throwing weight for doge coin. He's just a confused whaler, sorry to say.

 

[Wisdom01]

Dogecoin is already turning into a pump and dump coin ,to the extent that it might rise for just a while and start falling rapidly because of the news of Elon musk promoting the coin ,I think major investors are not even holding the coin anymore they just trade for a short time at the range Elon musk promoted the coin and they quickly take out the gain they have made very fast too tho

 

[SCAMEXPOSER]

Elon Musk strategy to hype doge coins no longer hold water. He can only boost the value of the coin by Investing heavily himself, accept it as form of payment or improve it usecase significantly. People are looking for coins with huge potentials that can bring money faster

 

[Wisdom01]

Elon Musk strategy to hype doge coins no longer hold water. He can only boost the value of the coin by Investing heavily himself, accept it as form of payment or improve it usecase significantly. People are looking for coins with huge potentials that can bring money faster

Although I think he invested then and it was for his Children ,if he could invest like the way micro strategy and co are all investing ,I am quite sure that people would have taken investing into the coin more serious ,but it seems people are now taking the coin as a joke and nothing too serious in that range

 

[Duduyemi]

Elon Musk might be on air again to strategically promote and pump doge coin. He recently revealed in a recent podcast by Lex Fridman that Dogecoin crypto is fundamentally better than anything he has ever seen. More so, Elon Musk then compares Bitcoin to Doge, stating that he prefers the latter. He reminded Fridman that, in comparison to BTC, Dogecoin has a significantly bigger transaction volume and also has a far lower transaction fee than Bitcoin.
Could all these mentioned inform your decision to invest more in doge coin?

Because dogecoin have bigger transaction volume and low gas fee or transaction fee than bitcoin, this means that dogecoin is better? Initially since last year Aug i no longer follow what he say. Reason because what he says or tweeting are just for his own greedy purpose. He his one of those that pump and dump, i just don't know why he's been consistent with dogecoin comparing with bitcoin, not even ETH.

 

[SCAMEXPOSER]

The factors he mentioned are true but that is not strong point to make doge coin better than bitcoin coin because the unlimited supply of Doge coin is one big reason why the coin is yet to grow with it temporary coins like litecoin, bitcoin cash or dash and lots more. Personally I will pick bitcoin over doge coin.

 

[Wisdom01]

I always advise people to buy any cryptocurrency when it dips down to the lowest level especially altcoins. Don't invest in any cryptocurrency because someone is making a propaganda. These are Mere strategies to add value to a coin and attract potential investors and newbies to jump into it. Be careful when you are trading on this coin because it can be dumped any moment.

To get the lowest level it will go is the burden , because when people think they have bought the dip another news could just be published , probably the one that would cost more fall , leading to more loss on a usual note that's the thing ,as an investor we really need to watch this things abd follow analysis

 

[GoldenLady]

He's entitled to his opinion, however it's what most people, especially the VC's and whales believe in that will actually succeed and that happens to be Bitcoin.

While Doge coin may have lower transaction fees, people mostly hold it for short term for profits before eventually moving the money to Bitcoin.

 

[Japhnet]

Dogecoin made millionaires mostly last year. The rate at which Elon musk promoted it furing that timeframe was very much.

 

[SCAMEXPOSER]

Dogecoin made millionaires mostly last year. The rate at which Elon musk promoted it furing that timeframe was very much.

Apparently but currently the value of the coin keep on dropping and people invested lately are the ones regretting it because despite Elon Musk strategies to reawaken the coin a lot of people are not willing to invest anymore because of you're a volatile nature of the coin.

 

[a_jerobon]

Elon Musk has been a great influencer for Dogecoin. And he does the influential work so well such that any statement from him can cause the dogecoin's price to skyrocket. The problem is that every time he quiets about it, the price goes really low and there is nothing else that keeps it rising. That reminds us that it was actually a meme coin with no clear projects.

 

[SCAMEXPOSER]

Elon Musk has been a great influencer for Dogecoin. And he does the influential work so well such that any statement from him can cause the dogecoin's price to skyrocket. The problem is that every time he quiets about it, the price goes really low and there is nothing else that keeps it rising. That reminds us that it was actually a meme coin with no clear projects.

He try to promote it now but for the fact that he is not focusing on the use case of the coin makes it difficult for the coin to have justification, we haven't seen bigger companies including Tesla adopting doge as expected and miners are not using it heavily like before.

 

[ELSA-ELI]

Dogecoin has new features including that of energy conservation as compared to BTC just as Elon alluded.It is an alternative for Bitcoin that most companies that accept crypto have adopted aside BTC.So this is a sign that it will continue to out perform other coins and rise to stardom and become a coin to recon with in the crypto space.So let us watch the space and see what Dogecoin has installed for us.

 

[Carl1995]

It is quite baffling given that the coin started as a memecoin, but got it's own value over time, especially after elons's tweets and remarks about the coin. I do like it because the fee is always set at 1 dogecoin, but it is not that eco friendly, yes it did took some measures in staying relevant with the more eco-friendly movement on crypto, but there are a lot of alternative coins that is so much eco friendly.

 

[Balint098]

When it comes to investing, better not listen too much to anyone unless you are ready to lose your money. The best way is just doing your own research and use that as the basis when you take the decision to invest or not. Would you let other people dictate how you use your money?

 

[Lobardi]

More impact and less drama a is what you expect from the individuals on such rank but you always get the inverse just like the women he does a publicity stunt from time to time to remain hot in the market and nothing else the world knows that he is there to take your money not to give you money to be honest actually

 

[Bisola]

Elon Musk might be on air again to strategically promote and pump doge coin. He recently revealed in a recent podcast by Lex Fridman that Dogecoin crypto is fundamentally better than anything he has ever seen. More so, Elon Musk then compares Bitcoin to Doge, stating that he prefers the latter. He reminded Fridman that, in comparison to BTC, Dogecoin has a significantly bigger transaction volume and also has a far lower transaction fee than Bitcoin.
Could all these mentioned inform your decision to invest more in doge coin?

To me I think Elon musk is trying to promote the Doge coin and I must have enough Doge coin that is what I think so he wants the Doge coin to rise. And you know is Ellen mosque promotes the Doge coin people will want to buy the coin and from there it will increase and people will definitely earn money