Ninjastic
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Board Altcoin Discussion
Re: 101 addresses hold 67.7% of all Dogecoin. This is insane.
by
memyselfandi
on 20/04/2021, 08:28:56 UTC
Quote from: neatworld on April 18, 2021, 07:20:09 PM
Quote from: memyselfandi on April 18, 2021, 05:46:09 PM
Quote from: virtualdn on April 18, 2021, 05:01:53 PM
The first one might be Elon Musk himself... 28.43%!

https://bitinfocharts.com/top-100-richest-dogecoin-addresses.html

Watch out so you don't get burned, if they ever cash out Dogecoin goes down the toilet... just saying, it's your money after all.
Dogecoin is truly a promising coin in crypto especially over the past few weeks but we can't set aside the truth that it has a huge risk despite its pump. Dogecoin is highly manipulated by the whales which is the reason why it is so hard to predict, to the point that most of its hodlers are just relying on what Elon Musk will going tweet for this day and for other days. Correct me if I'm wrong but as far as I remember, that is not how crypto market works.

It's not a promising coin, it's a pure Pump and Dump POS joke coin and the fact that it's doing well now simply means that there are tons of newbies who are going to get rekt and hate crypto once this dumps. Reminds me of McAfee pumping Verge back in 2017/2018 Undecided
Well it is quite promising because it is successful in giving some profit to the small-time hodlers but yeah it is the best example of pump and dump coin in crypto market. Most of the newbies and novices in crypto trading are just looking on the chart and wait for the coin to pump, without the proper gathering of information about that coin and that is the reason why most of them are feeling broke and blame crypto when they left in the air or FOMO.