Quote from: Ryker1 on May 09, 2021, 09:57:57 PM

Quote from: tabas on May 09, 2021, 09:43:57 PM

Quote from: Kojo2808 on May 09, 2021, 11:28:41 AM

So the ‘big day’ for Doge on SNL has come an gone and it turns out that the so called positive announcement from Elon on Doge ends up being a mockery. I’d love to what people think his agenda was in turning the table on his supposed cheerleading of the coin.

The quote always go with "buy the rumor and sell the news". When there's an announcement like the SNL, Elon and Doge. You buy before the event.
And when the event is about to happen, you expect that there will be a massive dumping on that particular day or even before a few hours that event happens.

Well, it is a part of the game, Elon Musk perhaps selling a huge part of his share in my own opinion. But I don't lose that this is the end, perhaps there is a hype again and as I can see on the graph, the price now has been slow recovery its price up and I think those invested when there is a correction of about 30% since yesterday. It could be a good profit while holding and for sure there will be resistance after a massive dip. However, Elon Musk will be looking some ways that this coin will not abandon by its supporters.

He probably did and just made another billions or hundreds of millions with the said dip. And right now, it's again the market that starts to dump again.
Ethereum, Doge and other altcoins are dumping including bitcoin too.