I wrote about #DOKY previously. But you may wonder what makes this trendy coin interesting?
Yes, You can't afford to shrug when you hear $DOKY.
1/ It's a new coin that quickly gained momentum. You can still join the trend and benefit like an early adopter.
2/ The market cap is still low at $3 million. The team launched the coin from the ground up. It's a community project. People who join benefit from it. There are many new projects in Binance listed with a fake market cap in billions. People paid the dev. an exorbitant price for a new coin. On the contrary, DOKY starts at a very affordable and promising price. You are investing for potentially very high return.
3/ The number of tokens in total and in circulation are known and definitive: 8.67 billion coins and that's all. No surprises, no treacherous monthly unlocks, no new releases. How many projects you invested in only to see unlocks dump the price to the bottom? This can't happen with #DOKY .
4/ OK but can DOKY reach $1? The answer is yes. The coin count is 8.67 billion, which means at $1 the market cap would be $8.67 billion. Yes it would be a great achievement and DOKY is still in its infancy but technically it's possible. How many other meme coins available in trillions have you seen being promoted as targeting $1 when it's simply impossible? A lot. DOKY can cut 0s and already did, it is at a very interesting market cap and if it becomes a successful project, it can reach $1 or even more.
To sum up #DOKY can do x2, x5, x10, x50, x100, x1000, x4000 because its market cap is still very affordable. You invest in a project that is gaining popularity and maturity with a number of coins in total still reasonable.
=> A point I haven't mentioned is security. There are independent reviews of DOKY code with all flags to green. Binance's Web3 has also a security evaluation of the coin that you can check. Other website offer to check projects like DOKY. On top of that DOKY has already climbed many steps and has been listed on CMC, a DEX and others. DYOR
It's definitely a cleanse. Call it a bear market if you want, but many coins have fallen to all-time lows. What is misleading is that $BTC is sustained by the ETF.
If #BTC goes up, people invest on some altcoins, and when it goes down, the whole market crashes. This is nonsense. 🤷
Basically the market is 100% emotionally driven. As soon as there is a news that can affect BTC in a way or the other, the whole market will blindly follow. 🤦
Some people claim that meme coins have no utility but there are enough meme coins in the top 20 to acknowledge their high value in the crypto market.
If those so called useful tokens are so useful why do they crash even more than meme coins when #BTC goes down? Their usefulness should speak for them.
The #BTC dependance is irrational and killing the crypto sphere.
After a great start $DOKY experienced significant drawbacks. The kind of drawbacks that led many to give up the ship. Many projects fail after a few days but $DOKY on the contrary kept going forward and built a solid and engaged community that pushes it to new highs.
Additionally, today a great news boosted the momentum and DOKY's bullish trend: the community is taking over the project and @CRYPTO MECHANIC is joining as the new CTO.
The positive effect are immediately visible as DOKY gained 100% in a few hours. The price is still very very affordable and the potential is huge as DOKY is a unique meme coin on Solana.
#DOKY is starting a new journey with a new leadership and a community motivated like never before 🚀
The good news is that $MusCat for their thunderous debut had promised an airdrop in exchange of some re-tweets and likes. And they delivered 🥳
I followed many fake posts on X that promised airdrops but never received anything. 🤣
It's the first time I get an airdrop so it's a special occasion to share. 😁
By the way #MUSCAT community increased rapidly in a few hours. It was a great start and we wish them all the best 👍
It's not over though there are still ways to participate and one of them is to hold at least 500,000 #DOKY which will grant you half the number in $MUSCAT.
#DOKY after a new ATH $DOKY was hit after the new listing. The community is holding strong and $DOKY has already nicely recovered. This is a sign of a good health. 👍👍👍
It is already possible to get $DOKY via Binance's Web3 Wallet. $DOKY will eventually arrive in Binance. For now it has been listed on a centralized exchange where deposits are open. The trade DOKY/USDT will open on the 17th of May 2024 at 09:00 UTC. 👌
#DOKY is a low cap meme coin on Solana. It was launched a few days ago and it's gaining traction and popularity.
There are not trillions of DOKYs, there are only 8.7 billion!
Some people want to think that influencers are knowledgeable and give them the truth. But the truth that those people don't want to admit is that their favorite influencers are mainly ignorant and uneducated people just like themselves. Others are paid or have interest in promoting a coin.
I am not saying I am better than any other, I'm just saying that like many others I am mainly expressing my point of view and that point of view may change. For instance, back in October, I was only looking for projects and avoiding meme coins. It worked for a while, then there was a bull run associated with BTC's new ATH and memes outperformed everything. So I looked into it and understood that people liked memes because they were simple, easy to adopt and promote and most importantly they offered high return on investment.
At the end of the day, you can read an article here and there but the most important thing is that you learn to forge your own opinion. I always explain how I see things. This gives you the opportunity to learn and understand how to analyze a situation. However, the market is the market and it may go wherever it wants.
I have been posting about #DOKY lately. I usually don't post about coins and I haven't been personally asked to post about $DOKY.
Then why?
Simple. Some days ago, I saw a post about DOKY, I was curious, I checked. Since I was interested, I followed it a bit and finally decided to sell my tokens at a loss and buy $DOKY. Untill now it has been the best trade I made in months.
Of course you have to do your own research but the reason I'm letting you know is because $DOKY is moving fast and steady: next week it will be listed into a Centralized Exchange.
As #DOKY is rising and proving itself, I feel I can share more about it. DYOR!
World Donkey Day is celebrated on May 8 every year. It is a day dedicated to recognizing the donkey and bringing attention to their many amazing characteristics.
OK, I just saw that we can buy $DOKY with the Binance web3 wallet. This is convenient since within the same application transfers can be made between the exchange wallet and the web3 wallet. The web3 wallet allows access to tokens that are not listed yet. So 👍 👍👍
In the web3 wallet, click manage tokens, search and add $DOKY then trade with SOL.
Voting is now closed. Most people (2 third) see $BTC going down to 50k.
I voted 'New ATH' to be honnest but who knows. At the time of the post BTC was struggling under 60k, it's now at 62k.
I said previously that the market had no magnet to lift it up, no motive to FOMO and that was the main cause of the slow down.
But remember something very simple: the crypto market remains one of the most profitable and accessible market there is. It will auto FOMO sooner or later. When? DYOR
You want to know why the market is suddenly pumping joyfully?
The reason is very simple: it's me. Yes me.
I sold my tokens because I wanted to buy others but as soon as I did the market started to pump even before I could buy the other coin that pumped too. 🥺
You've heard many times that the halving was associated with a new all-time high. But that’s a lie, the halving is above all a bearish event.
This is the reason why most people were trapped and are now in loss because they were told that the market will be bullish after the halving. Well, that's not true.
All the pump that was supposed to happen happened before the halving. BTC went directly from 24,901 on September 9, 2023 to 73,777 on March 11, 2024. All without a halving.
Since then, 7 out of 8 weeks have been in red. The halving took place on April 20 and did not have a positive impact on the trend.
Many refer to their historical data to claim that one year after the halving, BTC reached the new ATH. One year is a long time. The halving has very little, if anything, to do with the new ATH. On the opposite, after being hit by the halving downtrend, BTC simply resumed its uptrend after a while.