Quote from: Xal0lex on April 23, 2023, 05:21:22 PM

Quote from: justdimin on April 23, 2023, 05:51:33 AM

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.

Absolutely. Tweets can not ensure massive support nowadays. In the open and fast digital age, everything is spreading like light yet more and more people are harder to be manipulated. Dogecoin is solely reliant on the hype created by Elon Musk and not every time works or works that well. However, I still believe Dogecoin has a chance to go through the bear market and eventually wins during the bull run.