DOGE price is going lower and lower and if BTC goes beyond $12500 there is real chance that DOGE will be below 20 sat,probably around 18 sat. Range from 15-20 sat is excellent for accumulation.The lower the better.
I have same feeling about doge and believe it's good to have few of them when it's low to accumulate. I wouldn't see any problems get few extra satoshi, so i'm considering gathering more dogecoin. DOGE has been sliding for quite a while, let's see how if there is any space to get DOGE under 20 sats. The more it low, the more we get DOGEThere are many people who will grab the Dogecoin when the price of Dogecoin is below sats because there is a huge chance for this coin to increase it's price more than 60 sats easily. Grabbing at the current value is always good because when the market is in good shape we might see the value of Doge will surely cross more than 60sats.
Remember the story with the tweet of Elon Musk, that sented to the moon DOGE price. This suggests that the price can very easily rise. I hope so and will gradually buy this coin.
That's my point, Doge now days mostly pumps on hype from a well know personality to a bunch of people on tik tok hyping up the coin. Yes I do believe that once the next bull cycle for Alts comes that Doge will rise but not as high as most think. Lets keep in mind that the supply continues to grow daily so that means there needs to be new people coming in daily buying just to support the current price. The supporters will also buy but eventually Doge will need a lot more new people coming in and buying and even when the tik tok hype was going on the price didn't really move as much compared to a coin with a lower supply.
During last bull cycle in 2017,there was 15 months difference between DOGE pumps. In this cycle, last real DOGE pump was in September 2018,more than 2 years ago.With BTC rising, there are very little chances that we will see real DOGE pump in another 6 months.So,in this cycle time between pumps will be at least 30 months,double than in the previous cycle of 2017.It talks a lot about coin strength,that it is on lower level than before. There are a lot of reasons for that,from appearance of many more interesting coins and tokens ,that DOGE developpment is in deep freeze...I agree with you that next DOGE pump will be much more modest than one in 2017,about half size of it,except if some institutional investors take DOGE as one of crypto currencies in theirs portfolio,which is not very likely or Musk starts to sell Tesla shares for DOGE
Yes that's right. People need to understand that this next bull run for Doge is not going to be like the last one. There is just way too much circulating supply now and also developments are basically dead where as in 2017 the team were active and the supply wasn't as high as it is now. I'm thinking that we may see a 2x - 5x but nothing much higher then this.