DawgTalkers.net Forums Thread Like Summary - DogeCoin Mania

At first I remembered the doge from the Internet meme several years ago and thought, hmmmm, that's a pretty cute dog and then saw it had its own crypto currency! I've downloaded the Robinhood app and put some money into it and so far its been an excellent return and I'm very pleased. Especially with Musk and Cuban seeming to support the new doge currency, and meanwhile brands like SlimJim and Snickers were tweeting about it. Is this the next bitcoin? What do you guys think about it? It seems to ride the waves of popularity and the stock price goes up when people make news of it. I'm not sure what the future of it will be but its kind of exciting to have some shares, pretty fun! Some people are super crazy with it and have massive reddit threads, live Youtube stock watches for Doge, and more. There seems to be a real sense of community around the coin and people love it.

Anyone else heard about DogeCoin, have shares, or investing?

https://investorplace.com/2021/04/dogeco...he-crypto-next/
Gains are already cooking up thanks to Elon Musk's newest tweet

By Brenden Rearick, InvestorPlace Assistant News Writer Apr 28, 2021, 10:46 am EDT
Elon Musk is making Dogecoin (CCC:DOGE-USD) an offer it can’t refuse. Musk is making it very clear that he wants to be the face of the Dogecoin revolution. And as long as he keeps boosting up the coin’s price, DOGE investors are all for it. With his newest tweet, the eccentric billionaire has taken another step closer to his goal of DOGE mascot-dominance. The aftermath is a 10-cent boost in DOGE value and a host of bullish Dogecoin price predictions.

A close-up shot of a Dogecoin (DOGE) concept token.
Source: Shutterstock
Just 23 characters is all it takes for Elon Musk to drive the crypto world crazy. A five-word promotional tweet for his coming SNL episode ended up setting the DOGE rocket off:

It took 14 minutes for the tweet to boost up DOGE by 4 cents. The coin is currently up over 14% on the day, trading at 31 cents.


Dogecoin Price Predictions Swell After Musk Tweet

The newly minted Don Vito of DOGE must’ve gotten tired of seeing the crypto hovering around the quarter mark. Every Elon Musk Dogecoin tweet is placed with precision; seemingly so casual. The entrepreneur can guide the trajectory of the crypto at-will. Investors love it. What’s not to love when you can simply hold on and watch an eccentric billionaire boost your portfolio, a couple words at a time? And with all the other celebrity endorsement, there’s no reason not to be feeling bullish on DOGE today. Mark Cuban showed up at The Ellen DeGeneres Show just yesterday to sing the DOGE gospel.

Through all of the Dogecoin praise, crypto analysts are really optimistic about DOGE’s 2021 outlook. Dogecoin price predictions are all pointing toward gains, and some even think the coin could hit the $1 mark this year. Coinpedia, as well as Capital.com, are both signaling a $1 DOGE target by December. The Economy Forecast Agency has gone even more bullish, predicting a $1.15 price by the end of the year. In 12 months, WalletInvestor thinks we could even be looking at a price of nearly $2.

On the date of publication, Brenden Rearick did not have (either directly or indirectly) any positions in the securities mentioned in this article.

The crypto market is down right now. It’s a great buy opportunity. Don’t look at the ‘losses’ you’ve seen as anything more than an opportunity to dollar cost average down.
Look at it the same as a down stock market. Don’t get spooked. Get aggressive.

You’re right though. It’s volatile. In time the SEC will settle with Ripple Labs and bring a lot of clarity to the overall space. Crypto isn’t going away. Too many big banks are already involved. I’m starting to see more and more advertisements for Crypto.com, and new crypto based ETFs and such on TV and in pre-movie commercials. It’s here to stay.

Get in early. This is your opportunity to buy Apple stock when they’re still working out of their garage.
That said no one new Apple would be Apple back then. Those that took the chance and coughed up some cash early reaped their rewards.
This is where the crypto space is currently… gambling on Apple…
I’m in.

Whether it's crypto, stocks, or horses at the track... it's all gambling in the end. If you give it an honest look, none is really all that different from the other.

I'm similarly skeptical about these currencies. It doesn't help that they kinda get put in the same buckets as the whole NFT thing... and I don't care what you say... that's a straight up scam.

I also couldn't help but chuckle when the hackers behind the gas pipeline got the bitcoin wallet they used for the ransom payment repo'd by our govt... and everyone just kinda shrugged like that wasn't a GIANT black mark on one of (if not THE) primary pillars of the crypto movement.