Harry Tan
@Square-Creator-887dcf51de89
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Hold
Most people ask: Should I sell or hold $DOGE
The decision to sell or hold Dogecoin (DOGE) often depends on your financial goals and market outlook. Here are some thoughts to consider:
Why You Might Sell
Profit-Taking: If $DOGE
has significantly increased in value since you bought it, selling could lock in profits.
Market Volatility: Dogecoin is known for its price swings, and some investors prefer to exit during uncertain times.
Shift to Other Assets: You might want to invest in other cryptos or opportunities with higher potential returns.
Why You Might Hold
Community Strength: Dogecoin's strong fanbase and adoption keep its relevance alive.
Long-Term Growth Potential: With more companies accepting DOGE as payment, it could gain utility and value.
Future Bull Market: Cryptos often surge during bull markets, and holding DOGE might pay off in the long run.
Final Thoughts
Evaluate your portfolio, risk tolerance, and belief in Dogecoin's future before making a decision. If you're unsure, consider holding a portion while selling some to secure gains.
What’s your move—sell, hold, or a mix of both? Share your strategy!
#HoldorSell #DogeCoin
The decision to sell or hold Dogecoin (DOGE) often depends on your financial goals and market outlook. Here are some thoughts to consider:
Why You Might Sell
Profit-Taking: If $DOGE
has significantly increased in value since you bought it, selling could lock in profits.
Market Volatility: Dogecoin is known for its price swings, and some investors prefer to exit during uncertain times.
Shift to Other Assets: You might want to invest in other cryptos or opportunities with higher potential returns.
Why You Might Hold
Community Strength: Dogecoin's strong fanbase and adoption keep its relevance alive.
Long-Term Growth Potential: With more companies accepting DOGE as payment, it could gain utility and value.
Future Bull Market: Cryptos often surge during bull markets, and holding DOGE might pay off in the long run.
Final Thoughts
Evaluate your portfolio, risk tolerance, and belief in Dogecoin's future before making a decision. If you're unsure, consider holding a portion while selling some to secure gains.
What’s your move—sell, hold, or a mix of both? Share your strategy!
#HoldorSell #DogeCoin
Good morning DOGE🐶
It’s mean DOGE will go to the ☄️
Quoted content has been removed
🐶 🐸 My buddies!!!
🐶
✴️ Dogecoin: 2025, Sudden Rise To New All-Time High🚀
$DOGE
How is you, how is you feeling my friend today?
Don't Dogecoin looking ready incoming bullish wave?
Great. They is using royal English today!
I bring you Dogecoin today on a tough spot. I wonder, is it easy to call for a bullish resumption at this point, or is it hard? What would it be like to see this chart with different eyes... I wonder.
Between the 8th and 20th of December, we have a 45% correction. The correction found support below 0.5 and above 0.618 Fib. retracement levels. These levels match a resistance from the October 2021 peak high.
Trading volume is many times higher on the rise compared to the drop. It seems the bears are weak. It seems the correction is over.
It is no surprise, we are already in the year 2025.
I will not be surprised when we experience a sudden rise.
There will be no surprises, I am not staying behind. It is only logical, once the correction is over, the market resumes growing and produces a higher high.
It will be a wild ride and this year it is certain we will see a new All-Time High... I just realized that there is nothing more to write.
I'll meet you on the other side.
The end result ought to be pretty nice.
Say hi to your wife... I saw her the other night.
Namaste.
#DOGEUSDT #Dogecoin #Altcoins
How is you, how is you feeling my friend today?
Don't Dogecoin looking ready incoming bullish wave?
Great. They is using royal English today!
I bring you Dogecoin today on a tough spot. I wonder, is it easy to call for a bullish resumption at this point, or is it hard? What would it be like to see this chart with different eyes... I wonder.
Between the 8th and 20th of December, we have a 45% correction. The correction found support below 0.5 and above 0.618 Fib. retracement levels. These levels match a resistance from the October 2021 peak high.
Trading volume is many times higher on the rise compared to the drop. It seems the bears are weak. It seems the correction is over.
It is no surprise, we are already in the year 2025.
I will not be surprised when we experience a sudden rise.
There will be no surprises, I am not staying behind. It is only logical, once the correction is over, the market resumes growing and produces a higher high.
It will be a wild ride and this year it is certain we will see a new All-Time High... I just realized that there is nothing more to write.
I'll meet you on the other side.
The end result ought to be pretty nice.
Say hi to your wife... I saw her the other night.
Namaste.
#DOGEUSDT #Dogecoin #Altcoins
See original
Nice
U.today
--
Elon Musk on Big New Dogecoin Use Case: 'Maybe It's Time'
Innovative tech billionaire Elon Musk has taken to his official account on the X platform to “bless” the suggestion made by a general partner at Andreessen Horowitz Katherine Boyle who said that it is already time to start founding the thing called TITS (as it was jokingly referred to by Twitter users earlier).
This acronym stands for “The Texas Institute of Technology and Science.” Back in 2021, Musk voiced on Twitter an idea of founding this university which would have “epic merch.” MicroStrategy boss Michael Saylor (who was the CEO at the company back then) responded to that, saying: “I hope you teach your students that: #Bitcoin Offers Outstanding Benefits, Seriously.”
Back in 2021, Musk tweeted that the tuition would be paid for in Dogecoin and those who own pet dogs would get a discount.
Tuition is in Dogecoin & u get a discount if u have a dog
— Elon Musk (@elonmusk) October 31, 2021
Earlier today, the tech entrepreneur, who is also a well-known DOGE lover, commented on Katherine Boyle’s tweet: “Maybe it is time!” If this happens indeed, TITS would create a massive real-life use case for Dogecoin and take its adoption to a whole new level.
Maybe it is time!
— Elon Musk (@elonmusk) December 28, 2024
TITS 😭
— World of Engineering (@engineers_feed) October 29, 2021
Musk's experiments with reforming school education
Musk is known for his idea to transform not only the electric car and space industries but also to disrupt the modern U.S. education system. He has already founded two schools. One of them was called Ad Astra (Latin for “To The Stars”). It was a closed school for the children of his SpaceX employees. The school was focused on teaching children problem-solving, critical thinking, science, engineering and ethics, and it had no grades, rather than traditional academic subjects and grades. The children were grouped depending on their ability level.
card
Ad Astra was closed in 2020. After that, Musk continued his experiment in the sphere of education and created Astra Nova in the same year. The principles of educating were similar to those followed at Ad Astra, but this time the school was open not only to a narrow circle but to everyone. That school was also targeted at teaching children skills that would be required in the future, both in terms of technology and society. A full-time enrollment costs $32,500 per year.
This acronym stands for “The Texas Institute of Technology and Science.” Back in 2021, Musk voiced on Twitter an idea of founding this university which would have “epic merch.” MicroStrategy boss Michael Saylor (who was the CEO at the company back then) responded to that, saying: “I hope you teach your students that: #Bitcoin Offers Outstanding Benefits, Seriously.”
Back in 2021, Musk tweeted that the tuition would be paid for in Dogecoin and those who own pet dogs would get a discount.
Tuition is in Dogecoin & u get a discount if u have a dog
— Elon Musk (@elonmusk) October 31, 2021
Earlier today, the tech entrepreneur, who is also a well-known DOGE lover, commented on Katherine Boyle’s tweet: “Maybe it is time!” If this happens indeed, TITS would create a massive real-life use case for Dogecoin and take its adoption to a whole new level.
Maybe it is time!
— Elon Musk (@elonmusk) December 28, 2024
TITS 😭
— World of Engineering (@engineers_feed) October 29, 2021
Musk's experiments with reforming school education
Musk is known for his idea to transform not only the electric car and space industries but also to disrupt the modern U.S. education system. He has already founded two schools. One of them was called Ad Astra (Latin for “To The Stars”). It was a closed school for the children of his SpaceX employees. The school was focused on teaching children problem-solving, critical thinking, science, engineering and ethics, and it had no grades, rather than traditional academic subjects and grades. The children were grouped depending on their ability level.
card
Ad Astra was closed in 2020. After that, Musk continued his experiment in the sphere of education and created Astra Nova in the same year. The principles of educating were similar to those followed at Ad Astra, but this time the school was open not only to a narrow circle but to everyone. That school was also targeted at teaching children skills that would be required in the future, both in terms of technology and society. A full-time enrollment costs $32,500 per year.
Great it’s time
U.today
--
Elon Musk on Big New Dogecoin Use Case: 'Maybe It's Time'
Innovative tech billionaire Elon Musk has taken to his official account on the X platform to “bless” the suggestion made by a general partner at Andreessen Horowitz Katherine Boyle who said that it is already time to start founding the thing called TITS (as it was jokingly referred to by Twitter users earlier).
This acronym stands for “The Texas Institute of Technology and Science.” Back in 2021, Musk voiced on Twitter an idea of founding this university which would have “epic merch.” MicroStrategy boss Michael Saylor (who was the CEO at the company back then) responded to that, saying: “I hope you teach your students that: #Bitcoin Offers Outstanding Benefits, Seriously.”
Back in 2021, Musk tweeted that the tuition would be paid for in Dogecoin and those who own pet dogs would get a discount.
Tuition is in Dogecoin & u get a discount if u have a dog
— Elon Musk (@elonmusk) October 31, 2021
Earlier today, the tech entrepreneur, who is also a well-known DOGE lover, commented on Katherine Boyle’s tweet: “Maybe it is time!” If this happens indeed, TITS would create a massive real-life use case for Dogecoin and take its adoption to a whole new level.
Maybe it is time!
— Elon Musk (@elonmusk) December 28, 2024
TITS 😭
— World of Engineering (@engineers_feed) October 29, 2021
Musk's experiments with reforming school education
Musk is known for his idea to transform not only the electric car and space industries but also to disrupt the modern U.S. education system. He has already founded two schools. One of them was called Ad Astra (Latin for “To The Stars”). It was a closed school for the children of his SpaceX employees. The school was focused on teaching children problem-solving, critical thinking, science, engineering and ethics, and it had no grades, rather than traditional academic subjects and grades. The children were grouped depending on their ability level.
card
Ad Astra was closed in 2020. After that, Musk continued his experiment in the sphere of education and created Astra Nova in the same year. The principles of educating were similar to those followed at Ad Astra, but this time the school was open not only to a narrow circle but to everyone. That school was also targeted at teaching children skills that would be required in the future, both in terms of technology and society. A full-time enrollment costs $32,500 per year.
This acronym stands for “The Texas Institute of Technology and Science.” Back in 2021, Musk voiced on Twitter an idea of founding this university which would have “epic merch.” MicroStrategy boss Michael Saylor (who was the CEO at the company back then) responded to that, saying: “I hope you teach your students that: #Bitcoin Offers Outstanding Benefits, Seriously.”
Back in 2021, Musk tweeted that the tuition would be paid for in Dogecoin and those who own pet dogs would get a discount.
Tuition is in Dogecoin & u get a discount if u have a dog
— Elon Musk (@elonmusk) October 31, 2021
Earlier today, the tech entrepreneur, who is also a well-known DOGE lover, commented on Katherine Boyle’s tweet: “Maybe it is time!” If this happens indeed, TITS would create a massive real-life use case for Dogecoin and take its adoption to a whole new level.
Maybe it is time!
— Elon Musk (@elonmusk) December 28, 2024
TITS 😭
— World of Engineering (@engineers_feed) October 29, 2021
Musk's experiments with reforming school education
Musk is known for his idea to transform not only the electric car and space industries but also to disrupt the modern U.S. education system. He has already founded two schools. One of them was called Ad Astra (Latin for “To The Stars”). It was a closed school for the children of his SpaceX employees. The school was focused on teaching children problem-solving, critical thinking, science, engineering and ethics, and it had no grades, rather than traditional academic subjects and grades. The children were grouped depending on their ability level.
card
Ad Astra was closed in 2020. After that, Musk continued his experiment in the sphere of education and created Astra Nova in the same year. The principles of educating were similar to those followed at Ad Astra, but this time the school was open not only to a narrow circle but to everyone. That school was also targeted at teaching children skills that would be required in the future, both in terms of technology and society. A full-time enrollment costs $32,500 per year.
🤣
when $DOGE hits $1
Nice points
#MarketRebound
Big news for DOGE! Something big is about to happen!
Urgent notice: When DOGE was at $0.32292, a short position of $6.1242K was forcibly closed. This means that investors who were bearish on Dogecoin had to sell quickly, otherwise they would face huge losses. Will this be a reversal signal for Dogecoin? Let's analyze in-depth and see what major events will happen next!
What happened to Dogecoin? Market analysis is here: Short positions were closed, indicating that buyers are starting to actively intervene and try to push up the price. If this force can continue, Dogecoin is likely to usher in a breakthrough. The trend has changed: Dogecoin's price fluctuations have intensified, and if buyers can withstand the pressure, the possibility of an increase will greatly increase.
——Trading focus is here.
Good buying opportunity: In the range of $0.310 to $0.320, consider buying Dogecoin. Now that Dogecoin is adjusting, this price is quite good to start with. Price Target: The first target is $0.340, if the buying is strong and the price rises rapidly, the second target is $0.360. Stop-loss setting: If the price falls to $0.300, you have to sell quickly to avoid losses.
- Trading strategy
If the trading volume of Dogecoin increases significantly and successfully breaks through $0.330, it is likely to soar to $0.360. But if it falls below $0.310, be careful, the momentum may not be good.
Big news for DOGE! Something big is about to happen!
Urgent notice: When DOGE was at $0.32292, a short position of $6.1242K was forcibly closed. This means that investors who were bearish on Dogecoin had to sell quickly, otherwise they would face huge losses. Will this be a reversal signal for Dogecoin? Let's analyze in-depth and see what major events will happen next!
What happened to Dogecoin? Market analysis is here: Short positions were closed, indicating that buyers are starting to actively intervene and try to push up the price. If this force can continue, Dogecoin is likely to usher in a breakthrough. The trend has changed: Dogecoin's price fluctuations have intensified, and if buyers can withstand the pressure, the possibility of an increase will greatly increase.
——Trading focus is here.
Good buying opportunity: In the range of $0.310 to $0.320, consider buying Dogecoin. Now that Dogecoin is adjusting, this price is quite good to start with. Price Target: The first target is $0.340, if the buying is strong and the price rises rapidly, the second target is $0.360. Stop-loss setting: If the price falls to $0.300, you have to sell quickly to avoid losses.
- Trading strategy
If the trading volume of Dogecoin increases significantly and successfully breaks through $0.330, it is likely to soar to $0.360. But if it falls below $0.310, be careful, the momentum may not be good.
See original
Doge & Shiba 🎉
@DOGE to the moon
#DOGE will reach 10$
Doge
Which one to choose for accumulation, guys?
See original
All greedy. Comedy
$SHIB LET IT GO, GUYS!!!! Price increase, removing the zero constantly, based on what, and the other day it dropped sharply, why didn't anyone warn in advance to help people avoid losses???? Now just sitting there writing price increase, price increase. It's me! I predict that there will definitely be a bloody drop coming soon. Anyone with money should best sit still and wait, don't rush to jump in at this moment. It will return to 0.000012 in just one night. BE CAREFUL!!!
See original
Write a lot for a while, it's cheaper than what you all keep quiet about.
CoinChapter
--
Elon Musk’s DOGE Initiative Gathers Momentum Ahead of Trump’s Inauguration
YEREVAN (CoinChapter.com) — Elon Musk’s Department of Government Efficiency (DOGE) is gaining traction as key figures lead recruitment efforts. Steve Davis, president of Boring Co., and Michael Kratsios, former US Chief Technology Officer, are spearheading the hiring process. According to sources, they are focused on attracting software engineers with artificial intelligence expertise. So far, 10 individuals have been hired to join the DOGE team.
DOGE, introduced by Musk during Trump’s campaign, aims to reduce government spending and scale back federal operations. With support from President-elect Donald Trump and Vivek Ramaswamy, the initiative operates out of SpaceX-leased office space in Washington, D.C., four blocks from the White House.
Recently, Elon Musk and Vivek Ramaswamy spoke to the House GOP. DOGE’s Funding and Structure Under Discussion
DOGE’s organizational framework remains under consideration. Musk and Ramaswamy are exploring the possibility of establishing DOGE as a 501(c)(3) entity. This setup could either take the form of a public charity, which would require diverse donor support, or a private foundation, which comes with additional restrictions.
An alternative under review is forming DOGE as a federal advisory committee through an executive order by Trump. However, such committees require compliance with ethics and transparency rules, and they rely on taxpayer funding. This approach could contradict DOGE’s primary goal of cost reduction.
The funding source for DOGE staff salaries has not been disclosed. However, the use of SpaceX offices suggests that Musk is contributing personally to some operational costs.
DOGE Targets $2 Trillion in Spending Cuts
The DOGE initiative aims to slash up to $2 trillion in federal spending, though it is unclear whether this figure applies annually or over a decade. Achieving such a reduction would likely require deep cuts to major programs, including Social Security and Medicare, which could provoke significant policy debates.
The House of Representatives has responded to DOGE’s objectives by forming the Subcommittee on Delivering on Government Efficiency, led by Representative Marjorie Taylor Greene. This subcommittee plans to work closely with DOGE to align federal operations with its cost-cutting mission.
Musk’s Key Allies and Their Roles in DOGE
Steve Davis, a longtime Musk collaborator and former SpaceX engineer, has played a critical role in DOGE’s development. Davis previously led cost-cutting efforts during Musk’s acquisition of Twitter. Meanwhile, Kratsios, now managing director at Scale AI, brings significant experience from his tenure in the Trump administration.
DOGE also reflects Musk’s increasing political influence. Musk contributed $238.5 million to a pro-Trump political action committee, making him the largest single donor of the recent election cycle. This relationship has enabled DOGE to secure support from Trump and his allies.
Elon Musk’s Contributions to America PAC. Source: Federal Election Commission DOGE’s Political Impact and Next Steps
The DOGE initiative has already made waves in Washington. Musk and Ramaswamy have used X, formerly Twitter, to advocate for aggressive budget cuts. Their posts have influenced debates on Capitol Hill, including discussions on a stopgap funding bill.
Musk Highlights Pentagon Audit Issues. Source: @ElonMusk
As Trump’s inauguration approaches, DOGE continues to build momentum. With its focus on federal spending and operational efficiency, the initiative is poised to play a significant role in shaping the next administration’s policies.
DOGE, introduced by Musk during Trump’s campaign, aims to reduce government spending and scale back federal operations. With support from President-elect Donald Trump and Vivek Ramaswamy, the initiative operates out of SpaceX-leased office space in Washington, D.C., four blocks from the White House.
Recently, Elon Musk and Vivek Ramaswamy spoke to the House GOP. DOGE’s Funding and Structure Under Discussion
DOGE’s organizational framework remains under consideration. Musk and Ramaswamy are exploring the possibility of establishing DOGE as a 501(c)(3) entity. This setup could either take the form of a public charity, which would require diverse donor support, or a private foundation, which comes with additional restrictions.
An alternative under review is forming DOGE as a federal advisory committee through an executive order by Trump. However, such committees require compliance with ethics and transparency rules, and they rely on taxpayer funding. This approach could contradict DOGE’s primary goal of cost reduction.
The funding source for DOGE staff salaries has not been disclosed. However, the use of SpaceX offices suggests that Musk is contributing personally to some operational costs.
DOGE Targets $2 Trillion in Spending Cuts
The DOGE initiative aims to slash up to $2 trillion in federal spending, though it is unclear whether this figure applies annually or over a decade. Achieving such a reduction would likely require deep cuts to major programs, including Social Security and Medicare, which could provoke significant policy debates.
The House of Representatives has responded to DOGE’s objectives by forming the Subcommittee on Delivering on Government Efficiency, led by Representative Marjorie Taylor Greene. This subcommittee plans to work closely with DOGE to align federal operations with its cost-cutting mission.
Musk’s Key Allies and Their Roles in DOGE
Steve Davis, a longtime Musk collaborator and former SpaceX engineer, has played a critical role in DOGE’s development. Davis previously led cost-cutting efforts during Musk’s acquisition of Twitter. Meanwhile, Kratsios, now managing director at Scale AI, brings significant experience from his tenure in the Trump administration.
DOGE also reflects Musk’s increasing political influence. Musk contributed $238.5 million to a pro-Trump political action committee, making him the largest single donor of the recent election cycle. This relationship has enabled DOGE to secure support from Trump and his allies.
Elon Musk’s Contributions to America PAC. Source: Federal Election Commission DOGE’s Political Impact and Next Steps
The DOGE initiative has already made waves in Washington. Musk and Ramaswamy have used X, formerly Twitter, to advocate for aggressive budget cuts. Their posts have influenced debates on Capitol Hill, including discussions on a stopgap funding bill.
Musk Highlights Pentagon Audit Issues. Source: @ElonMusk
As Trump’s inauguration approaches, DOGE continues to build momentum. With its focus on federal spending and operational efficiency, the initiative is poised to play a significant role in shaping the next administration’s policies.
Any update about today 😁
I will analyze the technical indicators and give my assessment for $DOGE :
TECHNICAL ANALYSIS:
1. Momentum Indicator:
- RSI (6,12,24) is in the neutral zone (40-50), indicating the trend is accumulating
- MACD is flat and close to the signal line, showing a clear lack of momentum
- Stochastic K,D shows over-sold signal, with the possibility of a short-term recovery
2. Volume Index:
- Average volume is decreasing in the last 4 hours
- MFI14 is in the 35-40 zone, indicating that selling pressure is dominant
- CMF20 is negative, confirming the money flow is withdrawing
3. Price Analysis:
- Trading below MA20,50,100 lines
- Bollinger Bands are narrowing, indicating that volatility may increase
- Price is in a short-term downtrend channel limit
NEXT 4-24H TRADING SCENARIO:
Scenario 1 (60% chance):
- Price continues to sideway in the range of $0.382-0.388
- Confirmation signs: Volume remains low, RSI is flat
- Potential volatility +-2%
Scenario 2 (30% chance):
- Retest the support zone of $0.380-0.382
- Confirmation signs: Volume increases sharply when reaching this price zone
- Potential volatility -3% to -4%
Scenario 3 (10% chance):
- Break up above $0.388 and test $0.392-0.395
- Need for sudden volume and MACD to cross up
- Potential volatility +4% to +5%
TRADING RECOMMENDATION:
- Should not go LONG at the current price zone
- Can consider consider LONG if price tests $0.380-0.382 with increasing volume
- Stop loss: $0.378
- Take profit: $0.388-0.392
VOLATILITY ASSESSMENT +-5%:
- Low possibility in the next 4-24 hours due to:
1. Weak momentum indicators
2. Volume is low
3. Trading range is narrowing
4. No strong catalyst
Need to monitor more factors:
- Sudden volume
- Break out of current downtrend channel
- Macro news can have an impact
TECHNICAL ANALYSIS:
1. Momentum Indicator:
- RSI (6,12,24) is in the neutral zone (40-50), indicating the trend is accumulating
- MACD is flat and close to the signal line, showing a clear lack of momentum
- Stochastic K,D shows over-sold signal, with the possibility of a short-term recovery
2. Volume Index:
- Average volume is decreasing in the last 4 hours
- MFI14 is in the 35-40 zone, indicating that selling pressure is dominant
- CMF20 is negative, confirming the money flow is withdrawing
3. Price Analysis:
- Trading below MA20,50,100 lines
- Bollinger Bands are narrowing, indicating that volatility may increase
- Price is in a short-term downtrend channel limit
NEXT 4-24H TRADING SCENARIO:
Scenario 1 (60% chance):
- Price continues to sideway in the range of $0.382-0.388
- Confirmation signs: Volume remains low, RSI is flat
- Potential volatility +-2%
Scenario 2 (30% chance):
- Retest the support zone of $0.380-0.382
- Confirmation signs: Volume increases sharply when reaching this price zone
- Potential volatility -3% to -4%
Scenario 3 (10% chance):
- Break up above $0.388 and test $0.392-0.395
- Need for sudden volume and MACD to cross up
- Potential volatility +4% to +5%
TRADING RECOMMENDATION:
- Should not go LONG at the current price zone
- Can consider consider LONG if price tests $0.380-0.382 with increasing volume
- Stop loss: $0.378
- Take profit: $0.388-0.392
VOLATILITY ASSESSMENT +-5%:
- Low possibility in the next 4-24 hours due to:
1. Weak momentum indicators
2. Volume is low
3. Trading range is narrowing
4. No strong catalyst
Need to monitor more factors:
- Sudden volume
- Break out of current downtrend channel
- Macro news can have an impact
Love DOGE
Cryptos Headlines
--
Dogecoin Sentiment Turns Sour as Traders Grow Impatient
Dogecoin Sentiment Turns Sour as Traders Grow Impatient
The Dogecoin weighted sentiment metric has collapsed in the past few weeks as its sluggish price action triggers impatience among investors.
Donald Trump’s election victory in November 2024 sparked a wave of excitement that sent the broad crypto market soaring as the president-elect had shown extreme support for the industry during his campaign.
However, as the rally now stalls for some assets, investor sentiment may now be changing. This appears particularly true for meme coin market leader Dogecoin (DOGE).
Dogecoin (DOGE) Investors Grow Impatient
Following Trump’s election victory and the announcement of plans to launch a department of government efficiency playfully nicknamed D.O.G.E. by Tesla CEO Elon Musk, Dogecoin (DOGE) soared about 220% from $0.15139 to highs of $0.48434.
But as the rally has stalled over the past few weeks, with DOGE shedding some of its gains to trade at the $0.38429 price point at the time of writing, traders may now be losing patience and faith that the asset’s price still has more room for growth in the short term.
According to Santiment Feed data shared by prominent crypto analyst Ali Martinez on Tuesday, December 17, weighted DOGE sentiment has turned negative, dropping from highs of nearly five on Santiment’s scale in mid-November to a negative 0.6.
Along with this decline in sentiment has also come a massive dip in mentions on social media from over 3,200 to below 300.
Still, negative sentiment may not be a reason for investors to panic, as it can often be a contrarian indicator when it is overwhelming. Indeed, analysts continue to sound bullish on the asset despite the recent correction.
More Room for Growth Still?
Most recently, market analyst Javon Marks has asserted that DOGE has nearly perfectly replicated its historical performance, indicating higher prices.
“History says Dogecoin is about to record a near +75% gain and more, to and above its current ATH’s ($0.73905) before much, much higher,” the analyst wrote.
Specifically, the analyst set a conservative final target of $3 and over $15 in the best-case scenario.
On a more ambitious note, crypto analyst “Cantonese Cat” has set a target of $24, citing historical price action.
#Dogecoin #DOGE #Memecoins #cryptocurrency #CryptoNews
The Dogecoin weighted sentiment metric has collapsed in the past few weeks as its sluggish price action triggers impatience among investors.
Donald Trump’s election victory in November 2024 sparked a wave of excitement that sent the broad crypto market soaring as the president-elect had shown extreme support for the industry during his campaign.
However, as the rally now stalls for some assets, investor sentiment may now be changing. This appears particularly true for meme coin market leader Dogecoin (DOGE).
Dogecoin (DOGE) Investors Grow Impatient
Following Trump’s election victory and the announcement of plans to launch a department of government efficiency playfully nicknamed D.O.G.E. by Tesla CEO Elon Musk, Dogecoin (DOGE) soared about 220% from $0.15139 to highs of $0.48434.
But as the rally has stalled over the past few weeks, with DOGE shedding some of its gains to trade at the $0.38429 price point at the time of writing, traders may now be losing patience and faith that the asset’s price still has more room for growth in the short term.
According to Santiment Feed data shared by prominent crypto analyst Ali Martinez on Tuesday, December 17, weighted DOGE sentiment has turned negative, dropping from highs of nearly five on Santiment’s scale in mid-November to a negative 0.6.
Along with this decline in sentiment has also come a massive dip in mentions on social media from over 3,200 to below 300.
Still, negative sentiment may not be a reason for investors to panic, as it can often be a contrarian indicator when it is overwhelming. Indeed, analysts continue to sound bullish on the asset despite the recent correction.
More Room for Growth Still?
Most recently, market analyst Javon Marks has asserted that DOGE has nearly perfectly replicated its historical performance, indicating higher prices.
“History says Dogecoin is about to record a near +75% gain and more, to and above its current ATH’s ($0.73905) before much, much higher,” the analyst wrote.
Specifically, the analyst set a conservative final target of $3 and over $15 in the best-case scenario.
On a more ambitious note, crypto analyst “Cantonese Cat” has set a target of $24, citing historical price action.
#Dogecoin #DOGE #Memecoins #cryptocurrency #CryptoNews
Doge still good one
Here’s a general summary of how much Dogecoin (DOGE) you might need to retire based on current trends: 🐕🦺
1. Setting a Retirement Goal
The first step is determining how much money you need to retire. The amount varies depending on your lifestyle, location, and other factors. On average, financial advisors recommend having between $1 million to $2 million saved up for retirement.
2. Current Dogecoin Price
As of recent trends, the price of Dogecoin has fluctuated significantly, typically in the range of $0.05 to $0.10 USD per DOGE in 2024.For example, if you need $1 million to retire and Dogecoin is priced at $0.10 per coin, you would need to own 10 million DOGE (1,000,000 ÷ 0.10 = 10,000,000 DOGE) to meet your goal.
3. Investment and Growth Potential
Dogecoin has experienced substantial price increases in the past, particularly in 2021, driven by online communities and influencers. If such growth continues, your DOGE holdings could appreciate significantly, potentially enabling early retirement if timed correctly.
4. Diversification
Relying solely on Dogecoin for retirement is risky. Cryptocurrency, especially meme coins like Dogecoin, can be highly volatile and susceptible to market manipulation.
5. Alternative Strategies
Some investors may choose to allocate a portion of their portfolio to Dogecoin, while keeping more stable assets in their retirement plan. This way, if Dogecoin sees another significant rise, they could benefit, but they aren’t fully reliant on it.
6. Tax Considerations
Any gains from Dogecoin may be taxable. If Dogecoin appreciates significantly, your capital gains tax rate could impact how much you need to retire comfortably.
7. Realistic Scenarios
If Dogecoin were to reach significant price milestones (e.g., $1 or $5), fewer coins would be needed for retirement.
To retire with Dogecoin, you’d need to own millions of coins (e.g., 10 million DOGE for $1 million at $0.10 per coin), but achieving this goal depends on factors like price appreciation, market conditions, and your specific financial situation.
1. Setting a Retirement Goal
The first step is determining how much money you need to retire. The amount varies depending on your lifestyle, location, and other factors. On average, financial advisors recommend having between $1 million to $2 million saved up for retirement.
2. Current Dogecoin Price
As of recent trends, the price of Dogecoin has fluctuated significantly, typically in the range of $0.05 to $0.10 USD per DOGE in 2024.For example, if you need $1 million to retire and Dogecoin is priced at $0.10 per coin, you would need to own 10 million DOGE (1,000,000 ÷ 0.10 = 10,000,000 DOGE) to meet your goal.
3. Investment and Growth Potential
Dogecoin has experienced substantial price increases in the past, particularly in 2021, driven by online communities and influencers. If such growth continues, your DOGE holdings could appreciate significantly, potentially enabling early retirement if timed correctly.
4. Diversification
Relying solely on Dogecoin for retirement is risky. Cryptocurrency, especially meme coins like Dogecoin, can be highly volatile and susceptible to market manipulation.
5. Alternative Strategies
Some investors may choose to allocate a portion of their portfolio to Dogecoin, while keeping more stable assets in their retirement plan. This way, if Dogecoin sees another significant rise, they could benefit, but they aren’t fully reliant on it.
6. Tax Considerations
Any gains from Dogecoin may be taxable. If Dogecoin appreciates significantly, your capital gains tax rate could impact how much you need to retire comfortably.
7. Realistic Scenarios
If Dogecoin were to reach significant price milestones (e.g., $1 or $5), fewer coins would be needed for retirement.
To retire with Dogecoin, you’d need to own millions of coins (e.g., 10 million DOGE for $1 million at $0.10 per coin), but achieving this goal depends on factors like price appreciation, market conditions, and your specific financial situation.