Doge will be staying within this channel for a week at least.
Comment:
I base my crypto analysis on many criteria.
1. Quality of the distributive system (quality of the incentives and programs behind the currency)
2. Market cap
3. Supply
4. Total crypto market
5. Popular vote
Doge wins 2, 3 and 5.
2 because it gained enough momentum for low chances of abolishment.
3 because slow inflation gives incentive for people to keep the system running and keep the interest (because people are still trying to mine some coin)
5 because it became a meme
Pattern analysis is a self-fulfilling prophecy and I am very much against pattern analysis, even though I could earn money by analyzing what other people will conclude from what they've learned on the internet about pattern analysis.
I am not responsible for your money. I have no fundamental reasons to support Doge. However, if you want to invest in something valuable, invest in ADA.
Their system is simply superior and recently the market cap surpassed $17B, which in my opinion is enough for it to stick. I can pretty much guarantee doubling or quadrupling within this year. And I'm being very conservative.
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1. Quality of the distributive system (quality of the incentives and programs behind the currency)
2. Market cap
3. Supply
4. Total crypto market
5. Popular vote
Doge wins 2, 3 and 5.
2 because it gained enough momentum for low chances of abolishment.
3 because slow inflation gives incentive for people to keep the system running and keep the interest (because people are still trying to mine some coin)
5 because it became a meme
Pattern analysis is a self-fulfilling prophecy and I am very much against pattern analysis, even though I could earn money by analyzing what other people will conclude from what they've learned on the internet about pattern analysis.
I am not responsible for your money. I have no fundamental reasons to support Doge. However, if you want to invest in something valuable, invest in ADA.
Their system is simply superior and recently the market cap surpassed $17B, which in my opinion is enough for it to stick. I can pretty much guarantee doubling or quadrupling within this year. And I'm being very conservative.