When dogecoin was going up, I have this feeling that it is going to crash soon because it is just a meme coin which have no specifically project attached to it
Presently the crypto market is suffering a small crash, which has dragged down all of the biggest currencies. Bitcoin fell 6.55 per cent over the day, and ethereum was down more than 10 per cent. Other smaller currencies such as dogecoin were hit even harder – the meme crypto lost more than 10 per cent over the day. Anyone that want to invest should make adequate research b4 engaging.
First of all, we should not forget that Dogecoin was invented as a joke. It was a real meme coin, which for some unknown reason, stopped being a joke and started to grow. And it's normal now that people remembered that this coin had nothing of value, and Dogecoin began to fall in value. So, I advise you to think before spending money on something which is considered popular. We need to buy Bitcoin and other more stable and fixed cryptocurrencies. Trust something that has been on the market for a long time and has a good and well-established reputation.
When dogecoin was going up, I have this feeling that it is going to crash soon because it is just a meme coin which have no specifically project attached to it
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Exactly what the experts thought
It's based on social hype
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Hi, @rezzy7709,
Your post has been supported by @cryptokannon from the Steem Greeter Team.
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catch up upvote done for ACHIEVEMENT 5 TASK 4 by @rezzy7709: Review Steemdb.io with this post.
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Thanks alot beautiful 😊
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Presently the crypto market is suffering a small crash, which has dragged down all of the biggest currencies. Bitcoin fell 6.55 per cent over the day, and ethereum was down more than 10 per cent. Other smaller currencies such as dogecoin were hit even harder – the meme crypto lost more than 10 per cent over the day. Anyone that want to invest should make adequate research b4 engaging.
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Yes you are very right
I really hope the bulls continue just like today
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Exactly one of my points,
Thanks to you guys for engaging on my post.
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First of all, we should not forget that Dogecoin was invented as a joke. It was a real meme coin, which for some unknown reason, stopped being a joke and started to grow. And it's normal now that people remembered that this coin had nothing of value, and Dogecoin began to fall in value. So, I advise you to think before spending money on something which is considered popular. We need to buy Bitcoin and other more stable and fixed cryptocurrencies. Trust something that has been on the market for a long time and has a good and well-established reputation.
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Very strong point you've made there
Thanks
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