Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: MUGNIA on May 08, 2021, 04:33:24 PM
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India’s largest crypto exchange by trading volume, WazirX, has been struggling to meet the skyrocketing demand for Dogecoin.
Global DOGE trading volumes tripled between May 3 and 5 to over $42 billion. According to WazirX Founder and CEO Nischal Shetty, this caused the exchange’s systems to crash because the surging volumes were wrongly perceived as a cyberattack;
sorce: https://beincrypto.com/dogecoin-demand-crashes-indias-largest-crypto-exchange/
it turns out that all markets are overwhelmed by doge demand, and Dogecoin has hit an all-time high of $ 0.65 so far on May 8 doge has up again to $ 0.70. whether doge will reach 1 $ ?
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The demand for DOGE is really unrealistically high, people are ready to buy it at a high price. I think CZ and Elon Musk are planning to bring the price of DOGE to $1 or more. I would not be surprised if its price exceeds $1.
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There has been a lot of buy pressure over the last few days due to the high price of doggy coins. Doggy coins pumped extensively, especially when other coins were being dumped. I think there's no problem if doge goes $1. Today or tomorrow, all the coins have increased. So there is nothing to worry about it.
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I think the doge price will really hit $ 1 and that's not impossible, given the enthusiasm of this meme coin fan. If this spike occurs again, it is likely that it will jam the exchange not only WazirX, other exchanges will also experience the same thing.
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This is good news for us.Crypto Exchange is very important in every country. I think it is very necessary to be in every country because it is in every country It will be very convenient for people This coin is a new coin.Although this coin is short-lived, it has come a long way. If you hold this coin, it will be possible to bring a much better profit next time.
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0.7 USD is the all-time high for the DOGE coin and it is certain to reach such a price again very far from expectations as it may also take time to get to the Bitcoin Halving.
I don't want to create FUD for DOGE coins but the reality is like DOGE is a coin whose price continues to fall and it's very difficult to recover,this is also efect from Bitcoin price .
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0.7 USD is the all-time high for the DOGE coin and it is certain to reach such a price again very far from expectations as it may also take time to get to the Bitcoin Halving.
I don't want to create FUD for DOGE coins but the reality is like DOGE is a coin whose price continues to fall and it's very difficult to recover,this is also efect from Bitcoin price .
Not only will Doge have to fight the adversity of the market, he will also have to fight the silence of Elon Musk. And that will take a lot of effort for Doge due to Elon's low credibility and the fact that he won't have as many fans as he used to have before. The puppy will have to bark a lot to avoid falling hard.
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india well done, of course, great news for all of us, thus they can raise the economy)