04-12-2020, 11:44 PM
Doge coin use up 35% over month over month. What's your take?
<!-- SC_OFF --><div class="md"><p>Year over year Doge coin is down 28%, but has been up over the past month. There's a few possible reasons. One is that alternative currencies become more valuable during a downturn. Similar to buying into gold or silver. Second, Elon Musk posted some memes on Twitter... This sounds ridiculous but people do buy in based on these types of events. Just curious what this sub thinks, is there a chance for a new crypto boom or is it just coincidence? Also, Bitcoin is up 50% month over month.</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><p>Year over year Doge coin is down 28%, but has been up over the past month. There's a few possible reasons. One is that alternative currencies become more valuable during a downturn. Similar to buying into gold or silver. Second, Elon Musk posted some memes on Twitter... This sounds ridiculous but people do buy in based on these types of events. Just curious what this sub thinks, is there a chance for a new crypto boom or is it just coincidence? Also, Bitcoin is up 50% month over month.</p> </div><!-- SC_ON --> Kind Regards R