Post
Topic
Board Altcoin Discussion
Re: Will the altcoin holders hang on until the bull run comes ?
by
Xal0lex
on 23/04/2023, 17:21:22 UTC
Doge on the other hand is a meme project that went up due to hype created by Elon, which means if he pumps it again then it could happen, but if he doesn't do that then it may not get that high ever again. Could it break over ATH? If he tweets about it at least once per day, then it will definitely break it without a doubt, he did that for a while back in 2021 and that's how it got so high, same could happen. But if he doesn't do anything about it, then there is no way that it could go up that high ever again.

It's just that tweets alone aren't enough anymore. Now people have already understood where these tweets are going, so his mentions don't fuel the price too much. In addition, now there is not so much liquidity in the market to pour it into all sorts of projects, like doge, so we need scale here, we need people to have another hysteria, so that Musk again bolted DOGE to some product, like buying Tesla CyberTruck for Doge, and it happened on the wave of the general bullrun, then maybe DOGE has a chance to shoot up to $1.