sincerem
VIP Contributor
Dogecoin isn't doing well at the moment, it was over hyped earlier by Musk. Take a look at what's happening now around the coin, you'll see that recovering will surely take time for the much hyped coin. It was dubbed the next BTC due to the things said around the coin that brought quick result in its price earlier time. And it improved very well then, especially when it got to $0.67, which is the highest price mark it has reached ever since it came into limelight.
Since reaching that price it never experienced another bullish again, it's been on bearish for over seven (7) months now. Their is nothing making Dogecoin a BTC killer coin, it's potentials are simply adrift at the current basis. Even Elon musk can't change the fact, because lots of investors have known all his tricks when it comes to hyping the coins for his own personal derivatives.
At this point in time, dogecoin is very much down in price, which is poised at $0.16. Which is more than -200% price furlough, and their is no sign of recovery for the coin. It's massive price reduction have taken the coin out of the top ten (10) coins in the market. Even as a payment option for Tesla electric cars, it isn't bringing positive to the coin's development.
What do you have to say about dogecoin?
Do see the coin improving in the future, and getting past it's previous benchmark of $0.67 and meeting investors expectations in the next 12 months?
Since reaching that price it never experienced another bullish again, it's been on bearish for over seven (7) months now. Their is nothing making Dogecoin a BTC killer coin, it's potentials are simply adrift at the current basis. Even Elon musk can't change the fact, because lots of investors have known all his tricks when it comes to hyping the coins for his own personal derivatives.
At this point in time, dogecoin is very much down in price, which is poised at $0.16. Which is more than -200% price furlough, and their is no sign of recovery for the coin. It's massive price reduction have taken the coin out of the top ten (10) coins in the market. Even as a payment option for Tesla electric cars, it isn't bringing positive to the coin's development.
What do you have to say about dogecoin?
Do see the coin improving in the future, and getting past it's previous benchmark of $0.67 and meeting investors expectations in the next 12 months?
