Post
Topic
Board Speculation (Altcoins)
Re: Doge coin of fire, the master is now on the throne
by
Japinat
on 02/11/2022, 16:58:51 UTC
Have you noticed the bull run with dogecoin when Elon musk got hold of tweeter. Dogecoin is around $0.13 now. This is no surprise for dogecoin hodlers I believe and now that Elon is in charge more bull soon is expected.

Do you think the bull is from the increase of bitcoin to $20k or because Elon musk is on the tweeter throne. What is our thoughts ?

Seriously? The sudden increase of Dogecoin is not connected to bitcoin's short rally to $20k and there's no way that there will be more investors who will put some of their funds on Doge just because of that increase and investors have already learned their lessons not to mess with memecoins again as they are more unpredictable.

The true reason why Dogecoin is now trading at that price is because Elon Musk is working again to hype it and some are trying to ride the hype train again hoping that they could board before it sets again. OP should know and be aware that it's not for long-term and I'm quite sure of that.