DOGECOIN DOGE price "shoots rarely" but accurately
Updated
If we look at the global history of DOGECOIN trading (and the coin has been around since 2014), you can see one interesting pattern.
At the end of 2017, it was hugely pumping (for those times), and then the creators of DOGE wrote that they did not understand why their "joke coin" had a capitalization of several billion.
After that, the value of DOGEUSD dropped to the bottom and stayed there for more than 3 years.
Then, in the first half of 2021. Musk decided "to pull a prank" and pump Dogecoin using all permitted and not permitted methods)
The holiday did not last long, and even for the "chosen ones", but the unhappy investors in DOGECOIN, as always, are the majority. And now the correction has been going on for more than 2 years.
Based on the cyclical nature of the pumps, the next DOGEUSDT pump and, accordingly, the ATH update can fall on the 2nd half of 2024.
Moral: miracles do not happen, for a pump to be profitable for its "initiator", you first need to gain a large position, which is what has been happening over the past year.
If you have extra money that you want to invest in a long-term investment, you can take a chance and invest in DOGE, but do not buy more than $0.07-0.073.
Ideally, you should place orders with a grid in the "buy zone" of $0.0575-0.073 and wait.
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At the end of 2017, it was hugely pumping (for those times), and then the creators of DOGE wrote that they did not understand why their "joke coin" had a capitalization of several billion.
After that, the value of DOGEUSD dropped to the bottom and stayed there for more than 3 years.
Then, in the first half of 2021. Musk decided "to pull a prank" and pump Dogecoin using all permitted and not permitted methods)
The holiday did not last long, and even for the "chosen ones", but the unhappy investors in DOGECOIN, as always, are the majority. And now the correction has been going on for more than 2 years.
Based on the cyclical nature of the pumps, the next DOGEUSDT pump and, accordingly, the ATH update can fall on the 2nd half of 2024.
Moral: miracles do not happen, for a pump to be profitable for its "initiator", you first need to gain a large position, which is what has been happening over the past year.
If you have extra money that you want to invest in a long-term investment, you can take a chance and invest in DOGE, but do not buy more than $0.07-0.073.
Ideally, you should place orders with a grid in the "buy zone" of $0.0575-0.073 and wait.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
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