There would really be some domino effect when it comes to price increase in several coins in the market which is been tagged along with this meme coin.
Ya, many new project follow dogecoin the king of memecoin.
I honestly didn't expect that many people would like to buy them.
Shiba inu
freecoin
safemoon
Ect. You can call them one by one if you want it
Still no product at all and the price is very overprice all because of meme and idea.
Yeah, they gave them promises of roadmap and start comparing with dogecoin king of meme
Then the price just pump as many people eat that s""".
the market which is currently being hyped or shilled.This is why you should really be careful when someone do consider on buying up some meme coins.
I dont even consider on entering on Dogecoin right now.
Ya everyone are taking their own risk and we just need to be carefull if we want to buy them and hold them for long term.
Especially with many new shitcoin out there, 99% i bet will go to zero.
About dogecoin i think it's not the right time to buy
It may take a long period of time before dogecoin has a good buy point for investors. The current price is too damn high and investing recklessly in doge coin at the moment can result in loss. Unless you are a trader, do not try to enter doge for a long time. Try to take profit because doge will soon be lower than $0.1