To protect your account, every access to remitano.com using VPN will lead to a certain penalty to your account, unless you turn on VPN access allowance

DOGECOIN SURGE

Discussion • 2021/01/29 • by
samudoka

DOGECOIN SURGE

Elon Musk tweeted, hinting on Dogecoin, and Dogecoin went up by 300% in the last 24 hours plus, passing 5 cents, people are still calling for it to get up to a dollar.

The volume of Dogecoin for the last 24 hours is getting close to Ethereum; it's about half the 24-hour volume of ethereum.

Dogecoin on Google trends for the last seven days is going parabolic over the previous 24 hours; everyone is just researching it and figuring out how to buy it. One has to be very careful if they think that this is a good investment, especially now that it js up by 500%. You should expect a crash at some point; it is not advisable to buy the peaks because that is extremely risky. If you are throwing money to Doge at this point, you should be ready to lose a lot of money because Dogecoin is not going to hit a dollar overnight; it would hit long term, but not now, the entire crypto space needs to evolve. It's crazy how much people are rushing into this because they expect it to hit a dollar.

A lot of new money is just rushing into this without even understanding the tokenomics, the circulating supply, how market capital works, just buying into it without even looking and expecting it to hit a dollar.

The best thing is to do your research and make your own decisions. For those waiting for Doge to hit $1 so that they can sell, that action would put it at $128 billion market capital and a third in market capital. The crypto space needs to be in a multi-trading market capital for this even to be possible.

Dogecoins surge just explicitly illustrates the power of the internet and new money. There is a possibility that this will break down mental barriers for people in the crypto space. That crypto can't pass a specific price or market capital like Bitcoin; for example, not breaking $40,000 or Ethereum not breaking its all-time high will be the catalyst that sets the crypto space off. This could set Ethereum at $1,500 once people start taking their profits out of Dogecoin, putting it into other cryptos were going to be seeing a lot of different altcoins pumping parabolically. This is great for the crypto space in general.

Doge is pumping crazy because the wall street bets are behind it, and money is flipping out of the stock market and into cryptos as well.

Comments (10)
atikarani14
6 years ago
Good
jalansultan
6 years ago
⭐⭐⭐⭐
bellagita_
6 years ago
Nice 👍
nurhotimah
6 years ago
Good post 👍
dedek002
6 years ago
Elon Musk made a tweet lolll
visiblemoney
6 years ago
What is the magic with Dogecoin suddenly?? I hope it would not pump to dump soon?
tugiman
6 years ago
oh yeah
guxcman
6 years ago
wow the best
ahusujin
6 years ago
nice b
dergun12
5 years ago
cool
Related posts
Discussion
• 2021/05/28
APPLE AND CRYPTOCURRENCY
Discussion
• 2021/05/27
MARKET CRASH UPDATE
Discussion
• 2021/05/27
WILL BITCOIN EVER BE WORTH $100,000?

Our newsletter

The latest cryptocurrency market news, technologies, and help resources.