Today I saw the price of DOGE very high on the Binance exchange, I immediately sold all the DOGE that I have. After I found out why the DOGE price hike was due to tweets from WSB Chairman and Elon Musk. I wonder. Why do famous people's tweets have such an effect on the price of an asset?
after Hitting the ATH early this month , Today Doge rally seems to be fading because from the All time high of $0.08 now it seats at $0.04 meaning that's a 100% fall in just 15 days.
though i believe that dogecoin is one best currency to use yet the too much Volume is the problem why many investors are distancing from this one.
and I have read some post that they would rather invest in XRP than Doge in which i find stupid comment lol.