People hyped the rumor that daddy Elon would magically take doge to the moon by hyping the coin during SNL. Instead he's explaining environmental stuff and talking about company plans.
Not sure I would describe 1220 sat to 950 sat or so a crash. At least not when it went from 500 sat to 1200 sat over the previous week. It's had similar swings in the last few weeks. Did people think Musk was really going to rant about Dogecoin for 20 minutes on TV?
It sure is wild though. This may be the biggest cryptocurrency bubble so far. Outranks the 2017 one with Bitcoin itself. (Assuming that all cryptocurrency isn't one giant bubble.)
Plenty of cryptocurrency newcomers thought exactly that. In my experience I went through the same kinds of irrational exuberance when I was first exposed to Bitcoin.
I tried to warn my Doge holding friends to sell before the skit but they were all convinced SNL would cause it to hit a dollar. And I know they’re likely to panic sell within the next day or two. They’re in for an emotional rollercoaster. Trading will expose you to your worst emotional instincts.
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[ 2.2 ms ] story [ 24.0 ms ] threadIt sure is wild though. This may be the biggest cryptocurrency bubble so far. Outranks the 2017 one with Bitcoin itself. (Assuming that all cryptocurrency isn't one giant bubble.)
I tried to warn my Doge holding friends to sell before the skit but they were all convinced SNL would cause it to hit a dollar. And I know they’re likely to panic sell within the next day or two. They’re in for an emotional rollercoaster. Trading will expose you to your worst emotional instincts.