03-01-2022, 05:08 AM
Is the Era of Dogecoin over?
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/t3icby/is_the_era_of_dogecoin_over/"> <img src="https://a.thumbs.redditmedia.com/XccBRRT47wQJ2gRCl0lfPggVqhrU5-BoZi2kOGY01W0.jpg" alt="Is the Era of Dogecoin over?" title="Is the Era of Dogecoin over?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I've been watching Dogecoin for quite a while now, it's what brought me into crypto (a little over an year ago!).</p> <p>Anyways, ever since the grand slam dump of a fall from what was an astonishing number for a coin like doge, It has been in a constant downtrend ever since. Now currently at $0.122 from it's ath of $0.68, thats a fall of nearly 70%!</p> <p><a href="https://preview.redd.it/kadgk0cpelk81.png?width=891&format=png&auto=webp&s=15f4b2d6d0c637c624ea0a2c22859b6dea2952b7">Consistent downtrend (1D chart)</a></p> <p>There have been minor jumps and pumps along the way, but after every single jump, there's a even bigger dump. The gap between pumps have been becoming higher and higher, and the duration of the pump has shown to be shortening over time.</p> <p>Is it safe to say the era of not memecoins, but dogecoin in reference is over? I honestly don't think Elon or anyone for that matter would be able to bring back the hype of dogecoin as it was back in May. I personally know many people who bought at the top and still hold for the "$1 dogecoin!" line. </p> <p>I although did hold through .07 and saw my investment hit the multi-thousands. I didn't sell because of that line, my knowledge in cryptocurrency tokenomics has a huge role in my decision making. I'm still baffled that Dogecoin managed to pull off being in Top 3 cryptocurrencies, when you look at it now. That's crazy!</p> <p>Anyways, just wanted to discuss my thoughts. What do you think? I don't think doge will ever go back up aside from the little pumps it may have, definitely not close to where it was at it's highest.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/nitrolimitz"> /u/nitrolimitz </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t3icby/is_the_era_of_dogecoin_over/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t3icby/is_the_era_of_dogecoin_over/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/t3icby/is_the_era_of_dogecoin_over/"> <img src="https://a.thumbs.redditmedia.com/XccBRRT47wQJ2gRCl0lfPggVqhrU5-BoZi2kOGY01W0.jpg" alt="Is the Era of Dogecoin over?" title="Is the Era of Dogecoin over?" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>I've been watching Dogecoin for quite a while now, it's what brought me into crypto (a little over an year ago!).</p> <p>Anyways, ever since the grand slam dump of a fall from what was an astonishing number for a coin like doge, It has been in a constant downtrend ever since. Now currently at $0.122 from it's ath of $0.68, thats a fall of nearly 70%!</p> <p><a href="https://preview.redd.it/kadgk0cpelk81.png?width=891&format=png&auto=webp&s=15f4b2d6d0c637c624ea0a2c22859b6dea2952b7">Consistent downtrend (1D chart)</a></p> <p>There have been minor jumps and pumps along the way, but after every single jump, there's a even bigger dump. The gap between pumps have been becoming higher and higher, and the duration of the pump has shown to be shortening over time.</p> <p>Is it safe to say the era of not memecoins, but dogecoin in reference is over? I honestly don't think Elon or anyone for that matter would be able to bring back the hype of dogecoin as it was back in May. I personally know many people who bought at the top and still hold for the "$1 dogecoin!" line. </p> <p>I although did hold through .07 and saw my investment hit the multi-thousands. I didn't sell because of that line, my knowledge in cryptocurrency tokenomics has a huge role in my decision making. I'm still baffled that Dogecoin managed to pull off being in Top 3 cryptocurrencies, when you look at it now. That's crazy!</p> <p>Anyways, just wanted to discuss my thoughts. What do you think? I don't think doge will ever go back up aside from the little pumps it may have, definitely not close to where it was at it's highest.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/nitrolimitz"> /u/nitrolimitz </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t3icby/is_the_era_of_dogecoin_over/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/t3icby/is_the_era_of_dogecoin_over/">[comments]</a></span> </td></tr></table>Kind Regards R