First off I am not a financial expert or advisor in any way, shape or form…I have a bit of Dogecoin and happened to notice it doubled in value the other day and was trending on Twitter today so I decided to look into what’s going on a bit. It’s back down in value a bit from yesterday but who knows where it goes from here…There’s been rumors that Elon Musk might choose to intertwine Dogecoin into Twitter somehow but that’s just rumors so far…but those rumors seemed enough to get some movement on Dogecoins value recently….honestly in my opinion I think Musk should implement a tip system into Twitter and maybe use Dogecoin for that but that’s just one of many ideas of how he could use Dogecoin with Twitter…I bought all my Dogecoin when it was around 6 cents and will just be holding onto it for now…but there is a lot of talk on Twitter today about the crypto that basically started out as just a meme, even some people saying it could reach $1 by the end of the year…I’m not sure about that but let’s take a look at what people are saying on Twitter.https://platform.twitter.com/widgets.js
There’s posts like this one with completely ridiculous unfounded statements…but that’s Twitter in a nutshell these days…I don’t see this ever happening to be honest.https://platform.twitter.com/widgets.js
As I said above some people are saying Dogecoin could reach $1 by the end of the year…I think this is pretty unlikely but I guess you never know…I certainly wouldn’t invest my life savings hoping for it to be true.
Note: $DOGE is up 125% in the last 7 days.— David Gokhshtein (@davidgokhshtein) October 30, 2022
There has certainly been some movement on the value of Dogecoin but that’s no guarantee it will keep climbing or even hold that value…in my opinion it’s just as likely to go back down as it is to go up.
$DOGE will work because Elon will make it work.— David Gokhshtein (@davidgokhshtein) October 30, 2022
If you take off the blinders you’ll see exactly that.
This could certainly be the case but nothing is guaranteed…not even when Elon Musk has his hands in it…it sure would be nice though.https://platform.twitter.com/widgets.js
As I stated above some people think he’ll integrate Dogecoin into Twitter somehow…most people seem to still be doubting this though.https://platform.twitter.com/widgets.js
Yesterday it was up to .14 or .15 cents at one point but last I checked today it was at .11 cents…you never know but it can be pretty risky to buy into crypto hype.
According to Matt Wallace, $DOGE is literally a few minutes away from breaking $1.— David Gokhshtein (@davidgokhshtein) October 30, 2022
I very highly doubt it reaches $1 that quickly if at all but like I said before I’m no expert or advisor so don’t go by what I think.
With all the hype I’m not sure if it’s the time to invest in Dogecoin or not but it’s certainly the time to keep a close eye on it…if it were to climb to $1 you’d see a lot of people making a lot of money so I hope it does because I always hope for people to do good in their investing…I for one will be checking the value at least once an hour for the next couple weeks.