Ninjastic
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Board Altcoin Discussion
Re: Why Dogecoin Is Crypto's Most Dangerous Joke
by
Finestream
on 04/10/2021, 20:48:55 UTC
Quote from: lumierre on Today at 02:07:13 PM
Quote from: alisonwonder on Today at 12:18:44 PM
Quote from: Capt00 on Today at 12:08:55 PM
Dogecoin was only promoted by Elon Musk, and I agree with this assertion. Dogecoin has no long-term prospects, as seen by market activity, and the high price of the cryptocurrency it wont last long.
Looks like you just woke up saying Dogecoin is only promoted by Elon Musk and has no long term prospects Smiley.
Did you know that Dogecoin has been around since 2013? So did Elon Musk know Dogecoin at that time and is Dogecoin dead by being in the top 10 coinmarketcap? please answer now.

Personally I don't see any real value that can support Dogecoin, so I also think that its pump was caused only by interest from Elon Musk who can control its price easily. I am sure that he just wanted to make money on speculating the price of Dogecoin, so he bought first and then started his tweets so as to pump its price. He is just a manipulator and he could control Dogecoin's price.
And sorry for all those noobs who easily believe on Elon Musk because they might be experiencing losses with the current dogecoin's value. For me, dogecoin has never got the potentials to keep its price always on the rise because once a meme coin, there is no real guarantee that it will create significant pumps in the market. Most likely, if they got pump and then experience dump, they cannot easily recover again, the worst is that will not have any chance to recover so they end up just like dead coins.