Post
Topic
Board Altcoin Discussion
Re: What do you think about DOGE?
by
Yashar Ghaffarloo
on 27/09/2016, 00:40:37 UTC
The likelihood of DOGE moving substantially (+/- 20%) is unlikely, at least on the large exchanges where there is volume (sure, you can probably move DOGE on YoBit by buying the non-existent sell wall to 100 sats, but you're better off using a liquid exchange like Poloniex).

The order book is very strong on both sides, so unless there is news (which is unlikely for an alt like DOGE that has been stagnant) or a pump (again, a pump on DOGE wouldn't be rational for the pumper as it's difficult to move the price, compared to a coin like XST/BLOCK where the sell side is weak and the coin can do +100% easily) it is unlikely.