Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: leithy on July 07, 2020, 08:06:02 AM
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Coinmarketcap showing doge increase of 22.66% in last 24 hours.
Any special reason for this?
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There will be no special from DOGE at this time or the following year because DOGE is a coin that is difficult to understand the ups and downs.
22% is also very good for DOGE and this is a big increase because usually DOGE to increase by 5% pn is difficult.
For that reason, I don't really understand, but usually the increase in DOGE is due to Panic Buying, maybe!
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Doge coin is konw as a pump and dump coin in the last few years this coin have few time move like this, look now is over 50% just because some media influencer make a video about doge and some people who don't konw to much about the crypto are start to buy.
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This pump is associated with the promotion of Dogecoin with the viral marketing of the creators of the Robinhood platform, which is advertised in the #DogecoinTiktokChallange topic. The video gained nearly half a million views, DOGE growth has already exceeded 70% and continues to grow.
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I saw an increase of 45% on coinmarketcap today.
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Now its up 100% in the last 2 days, this will not ends well, because is not a natural grow and looks like more like a pump and dump scheme, people without any knowledge buying doge thinking that will become rich.
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Yes, coinmarket.cap showing doge up over 21% today. This will end in a dump.