Wow, TikTok Dogecoin pump is over. Such dump

[Riya143]

Dogecoin’s brief pump is now over.
The meme coin Dogecoin (DOGE) has fallen after a brief rise; the dump after the pump.

On July 7 to July 8, Dogecoin rose by 43%, from $0.0027 to $0.0053, one of the largest increases by the coin in a single day.

The pump could not be sustained, however, and the coin fell to lows of $0.035 the following day. But then another pump! This time on Wednesday, and to highs of $0.052. That didn’t last either, and the coin then fell to its current price, $0.036.
Read more: https://decrypt.co/35289/wow-tiktok-dogecoin-pump-is-over-such-dump

[leithy]

Not unexpected. Will probably fall further back to pre-pump price.

[aiviaa485]

This method has been guessed by me because this DOGE is not able to last long with the immediate situation rises quickly like that in various crytpocurrency markets.
Now I've seen that and it really hurts to buy DOGE at 60 satoshi.
I see the starting point of the DOGE price flying around 25 Satoshi and I believe DOGE is now back dumping up to the 25 Satoshi point.

[wawan96]

dogecoin lately very popular and many people buy dogecoin so the price has increased very rapidly and had viral in TikTok app everyone who saw dogecoin became curious about the coin meme is something that is quite positive for cryptocurrency because the day this many are starting to invest for the long term.

[jonathancool220]

Everything has a time because TikTok only makes "FOMO" for DOGE.
So when the "FOMO" is finished, the DOGE price drops again and that's where we are now to see the DOGE price.

I think this is common in crytpocurrency and almost all altcoins in Pump when "FOMO" occurs.

[syedrasool2011]

I feel bad for the #dogecoin community. At the beginning of the viral tiktok videos the price of $ZAP was cheaper and a week later with millions of dollars less in market cap, it is creeping up to 2 cents. Which is still 6-7x more than what $doge is at now.Could have met their #dogecoin target of $1 within hours. Seriously

[syedrasool2011]

no more pump is coming few weeks

[damsix]

no more pump is coming few weeks

Aren't we not wanting to continue to see the decline in the DOGE price but now it looks like the DOGE price is stable.
So for the next few weeks, in my opinion, DOGE will not necessarily be able to increase because it is seen from the large supply.

I also see that now the DOGE price is stable at 20-21 Satoshi.

[masudginanjar]

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It could also be like that because every increase there must be a decrease in price, moreover, DOGE is very risky to be brought up by FOMO from TikTok.
TikTok is really amazing to bring the price of DOGE up to 150% and I think this is also a positive effect of social media.

Now it is true that DOGE is back at Pre-Pump prices and that is normal in my opinion.