Just wanted to share with everyone that Dogecoin is being heavily pumped up by Whales. You should be extra careful about this turning into a Pump-and-Dump. The coin lost 75% of its value during the last market crash, so be aware you could lose most of your money.
Market manipulation is extremely common in Crypto, especially popular coins that draw a lot of attention. Whales (e.g. people with tons of money), will accumulate Crypto at the bottom, then start to pump up the price to draw attention and get retail investors to FOMO in. They typically will not take profit till the overall market tops out, or should there be unexpected threats to the market.
you are too obvious and too general bro. DOge is up more than 30%, most people made tons of money on I can say a bunch of other good things about it but you choose to be one of those who just can't see the big picture and understand that the crypto market is changing. whale riders aint a problem, the real problem is negativity and misleading charts and advice. If you really worry about whales, come up with a way and publish it in a general form, sharing this here, still blows my mind that why some people get butthurt when others make money
hodlerzen
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@JEan3444 you realize there are dozens of other coins with actual utility that are up 40-60%? Some even more. Doge is fun, but it has no team to add features or make it better. Just Elon and Cuban to hype it ip. I can tell you don’t know much about Doge or other coins, emotional investor. Well you’ve been warned. Have fun losing your money.
JEan3444
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lost75%! which coin didnt lose any value? BTC or Eth? besides, if you really scare of some risk stay away from crypto, go play mine craft
hodlerzen
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@JEan3444, just trying to be helpful here buddy. Lots of crypto is risky, but Dogecoin has the capacity to reel in far more unsuspecting people due to its notoriety. I think you need to look at the big picture. There isn't an endless supply of retail investors to drain and swindle. Eventually they will run out and crypto will diminish should these enormous risks continue. It's far more healthier for the crypto market in the long term that we make known issues like Whales. Crypto maxis scream for mass adoption, but what's funny is that it will never happen when majority lose their money, especially to Whales.