Is Doge going to moon now ?

O

onlinemarketer12

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Now Elon Musk has bought Twitter. He will promote dogecoin there, may integrate it there. So is it good time to bet on dogecoin ? Already moving up recently by small amount.
 
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Nothing will go to the moon while there is an adverse geopolitical mood, global political tension, war of major importance, high inflation worldwide, and so many other problems

Sure, the world always has problems, including a few short years ago when the market was bullish, but now economically there is a strong negative sentiment, worldwide recession and people are not going to massively buy a joke-coin while outside the twitter bubble, there is +10% inflation and worldwide recession
 
Now Elon owns twitter... it might spell legal trouble if he's pumping equities on his own platform.
 
In 2-3 years maybe, but now, it seems to be still going further down, brace yourself.
 
Apparently, his real goal is to merge everything into his own app, which is x.com. Although he owns a good share of Doge, I doubt he would ever integrate it into his own projects rather than creating his own cryptocurrency.
 
First of all you have to approach crypto like any other volatile asset. It is pretty much dependent on the current world problems. Crypto is not the magical saver that a lot of YouTubers are trying to convince us to be since they are also interested in their sponsorship with some big crypto exchanges of course. Crypto could very well be the future but i highly doubt that Dogecoin will go to the moon or if it will even be in the top 10 crypto currencies in the next 5 years. You can look at the statistics, 5 years ago most of the currencies in the top 20 are no longer there because people believe in trends. If you really want to invest in currency that is not Bitcoin you should really understand each end every project, it's ups and downs but this is very time consuming. I do not suggest day trading.. I think the best way to succeeded in crypto is by holding it. And I mean holding Bitcoin. Patience is the key and believing in the idea of what crypto could be.
 
Yes to the Moon, or Mars. Best of luck surviving tho.
 
onlinemarketer12 said:
Now Elon Musk has bought Twitter. He will promote dogecoin there, may integrate it there. So is it good time to bet on dogecoin ? Already moving up recently by small amount.
Click to expand...
I keep doge about 1 year and I believe that one day will go to the moon. The good news some with Elon Musk buying Twitter. I continue keeping the coin because the future seems promising.
 
No, it does not provide any value or use case that another better crypto does not already provide. It is just another meme coin (actually more of a fundamental coin) that reacts to positive Elon news. Nothing more.
 
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