Post
Topic
Board Altcoin Discussion
Re: TikTok is a new social media source for promoting cryptocurrencies?
by
bearexin
on 13/07/2020, 21:34:35 UTC
Hi, have you seen the recent hype around Dogecoin? It was caused probably by ongoing challenges on TikTok. When you think about it, it is really a great way how to make cryptocurrencies viral among young people.

You can read more about this trend here: https://fortune.com/2020/07/09/tiktok-dogecoin-challenge/
Nah, that kind of promotion is not even making the right impact. The youths will now be seeing cryptocurrency as a means to make quick money and rip off the internet. Their main target is to pump dogecoin and make money from it so that they will all get rich.

So, how exactly will that help the market? They are literally pumping and dumping a coin and that’s going to ruin everything. By the time they are done with this nobody will be interested in buying dogecoin after they have dumped it, because everyone will be seeing it as a scam. I will prefer that the market grows slow and steady and reach a level where it’s quite stable.