š„MUSKš½ and DOGECOINš¶: how Elon's tweets affect DOGEā
š„Hi friends! I hope you will help me the to launch this idea to the moon pushing the BOOST buttonš, so that even Mr. Musk could see what he was doing to DOGE.
š Elon and Doge relationship starts back to December 20, 2020, when Mem Lord said: "One word: Doge". Since then, everything has changed for Dogecoin and for the entire crypto market.
š© The coin grew by over 18400% from the first Elon's tweet to the all-time highs. Only 3 tweets make the retail trader the very rich person.
Also, after the end of the Bitcoin bull market, the coin fell from all-time highs to the local bottom by 93%. It's mean that if you invest $10000 at the peaks, you would have $700. So you need to clearly identify the best place to buy the coins on spot.
ā Any volatility is good for the traders. I can'e even say how much easy long trades with 1:30-50RR I opened. So if Elon continue to tweet again, which I personally have no doubt about, we will have amazing chances to grow our deposits. I will told you about such possibility in the upcoming ideas.
š© Perhaps it was the influence of Mr. Musk that allowed Bitcoin to reach all-time highs earlier and lower than planned. The fact is that Bitcoin usually grows step by step with 40% corrections. This is a kind of cleansing from weak hands. But this time, Bitcoin did not even have time to be corrected due to the permanent heating of the media environment.
ā Therefore, Bitcoin grew by only 2108%, in comparison to the previous bull cycle, where the main cryptocurrency was able to grow by 11798%. But this is a scenario for another idea!)
š On June 19, 2022, Elon said that he will continue to support Doge despite the statements of officials that Billionaire made people lose almost $ 258 billion. Strangely enough, it was the best place to buy this crypto. It was the cheapest price for years.
š DOGE back starts scyrocketing again when Musk posted a video how he entered Twitter head office. It was enough for many people to understand that the meme Lord and meme coin story continues.
š 1 November, 2022, Elon Muskš½ continues to do his tricks. The billionaire posted a photo of a dog wearing a T-shirt with the Twitter logo.
As I said earlier, Dogecoin could become the main currency in the "new" Twitter. Most likely, this is what he is hinting atš
ā Take a look on the chart with the biggest DOGE hodlers (>0.1% of supply). The numbers of the whales wallets starts to grow when Elon strarted to tweet about DOGE. In May this number fall from 94 to 72 wallets. This mean that a lot of whales sale their coins to the retail traders and make really good money!
š© Now we see that the least whales were in August, exactly when Dogykoin was at the bottom. Yes, during the bear market, the number of whales holding Doge decreased, because even whales sometimes do not have a strategy.
The last few months whales have only been buying Dogecoin and their number has increased from 61 to 73! The whales still buy the DOGE but I recommend you to wait the better price after the some pullback or clear trading setup.
š A lot of people pay their attention to the hype coins which pumped on Twitter and Elon news. And now it's not the best time to buy it. I told you about DOGE, SHIB and BNB almost 1 month ago when they still was at the bottom.
š„Now I recommend you to pay your attention to the next coins that related to Binance because this exchange invest $0.5 billion in Twitter and will create crypto solutions for this social network:
1. TWT is the Trust Wallet Token. The Trust Wallet supported by Binance, so i think when Binance start to implement crypto solutions, such Binance supported coins just blow up!
2. BSW is another Binance supported platform that help make payments.
3. BNB is already grow by 35-50% but still have great potential for the mid-long term.
š„Traders, what do you think about DOGE? Does it have a chance to reach it's ATH again? Will Elon continue to PUMP it? Write your thought in the comments!
š»Friends, press the "boost"š button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
š Elon and Doge relationship starts back to December 20, 2020, when Mem Lord said: "One word: Doge". Since then, everything has changed for Dogecoin and for the entire crypto market.
š© The coin grew by over 18400% from the first Elon's tweet to the all-time highs. Only 3 tweets make the retail trader the very rich person.
Also, after the end of the Bitcoin bull market, the coin fell from all-time highs to the local bottom by 93%. It's mean that if you invest $10000 at the peaks, you would have $700. So you need to clearly identify the best place to buy the coins on spot.
ā Any volatility is good for the traders. I can'e even say how much easy long trades with 1:30-50RR I opened. So if Elon continue to tweet again, which I personally have no doubt about, we will have amazing chances to grow our deposits. I will told you about such possibility in the upcoming ideas.
š© Perhaps it was the influence of Mr. Musk that allowed Bitcoin to reach all-time highs earlier and lower than planned. The fact is that Bitcoin usually grows step by step with 40% corrections. This is a kind of cleansing from weak hands. But this time, Bitcoin did not even have time to be corrected due to the permanent heating of the media environment.
ā Therefore, Bitcoin grew by only 2108%, in comparison to the previous bull cycle, where the main cryptocurrency was able to grow by 11798%. But this is a scenario for another idea!)
š On June 19, 2022, Elon said that he will continue to support Doge despite the statements of officials that Billionaire made people lose almost $ 258 billion. Strangely enough, it was the best place to buy this crypto. It was the cheapest price for years.
š DOGE back starts scyrocketing again when Musk posted a video how he entered Twitter head office. It was enough for many people to understand that the meme Lord and meme coin story continues.
š 1 November, 2022, Elon Muskš½ continues to do his tricks. The billionaire posted a photo of a dog wearing a T-shirt with the Twitter logo.
As I said earlier, Dogecoin could become the main currency in the "new" Twitter. Most likely, this is what he is hinting atš
ā Take a look on the chart with the biggest DOGE hodlers (>0.1% of supply). The numbers of the whales wallets starts to grow when Elon strarted to tweet about DOGE. In May this number fall from 94 to 72 wallets. This mean that a lot of whales sale their coins to the retail traders and make really good money!
š© Now we see that the least whales were in August, exactly when Dogykoin was at the bottom. Yes, during the bear market, the number of whales holding Doge decreased, because even whales sometimes do not have a strategy.
The last few months whales have only been buying Dogecoin and their number has increased from 61 to 73! The whales still buy the DOGE but I recommend you to wait the better price after the some pullback or clear trading setup.
š A lot of people pay their attention to the hype coins which pumped on Twitter and Elon news. And now it's not the best time to buy it. I told you about DOGE, SHIB and BNB almost 1 month ago when they still was at the bottom.
š„Now I recommend you to pay your attention to the next coins that related to Binance because this exchange invest $0.5 billion in Twitter and will create crypto solutions for this social network:
1. TWT is the Trust Wallet Token. The Trust Wallet supported by Binance, so i think when Binance start to implement crypto solutions, such Binance supported coins just blow up!
2. BSW is another Binance supported platform that help make payments.
3. BNB is already grow by 35-50% but still have great potential for the mid-long term.
š„Traders, what do you think about DOGE? Does it have a chance to reach it's ATH again? Will Elon continue to PUMP it? Write your thought in the comments!
š»Friends, press the "boost"š button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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