What are your thoughts on $Doge?
I'm sure everyone in the crypto space is aware of what has happened with DogeCoin recently.
In case you have missed it, Doge is up to over $0.30 as of today. It has hit as high as $0.41. At one point it was the 5th highest coin on CoinGecko in terms of Market Cap.
It is wild that this coin has pumped so much in the last few days, mainly driven by people on TikTok, Robinhood, and other social media platforms.
Are you a buyer of Doge here or would you be selling?
As the saying goes, "much wow"
I am also amused by the situation with dogcoin. It seems like a funny coin, which was released as a joke, and mind you, its reserves are not limited, like bitcoin and the vast majority of cryptocurrencies, that is, it will be "printed" endlessly? At the same time, the price went up. It is rather hype here, Elon Musk made his contribution as a famous media personality. In my opinion, now even developments are not important, but a famous person, if he says something, here's your growth.
I think you are spot on here! It goes to show you the power that some people have and what a few tweets or videos can do for the masses. People come out of nowhere and start asking about the ‘doggycoin’. It’ll be interesting to see if it stays near the top!