A whale sold at a very strategic time, causing a large drop followed by another drop as stop loss orders and panic sellers sold.
The price was bouncing back quickly when suddenly we start seeing a flood of articles about how Elon said dogecoin was a "hustle" or a "scam" along with a lot of doomsaying about how this is the end for dogecoin. Not to mention some other dog coin suddenly emerging from nowhere as the next big thing.
And now today doge is steadily declining, but so are many other altcoins. Almost seems like someone is trying to manipulate our thinking.
But I zoomed out and noticed we're still up 20% from 7 days ago, so I bought some more.
Shandriel on May 10th, 2021 at 19:16 UTC »
The past few weeks, several hundred thousand people joined this sub And they are not among the +900% folks..
just like me, many bought in at .20 or higher.
Quite a lot of them are currently in the red, bc they bought at 0.60 or higher.
Some prolly sold during the dip and lost money...
Would've loved to see their faces when SpaceX tweeted about DOGE-1 launch. lol
the coin will go up and up and up the closer we get to that launch.
and there will be dip after dip after dip, because that's how the rich get richer.
waynetuba on May 10th, 2021 at 19:35 UTC »
I’m down 22.47% since I started invest 10k
ubersolver on May 10th, 2021 at 19:55 UTC »
A whale sold at a very strategic time, causing a large drop followed by another drop as stop loss orders and panic sellers sold.
The price was bouncing back quickly when suddenly we start seeing a flood of articles about how Elon said dogecoin was a "hustle" or a "scam" along with a lot of doomsaying about how this is the end for dogecoin. Not to mention some other dog coin suddenly emerging from nowhere as the next big thing.
And now today doge is steadily declining, but so are many other altcoins. Almost seems like someone is trying to manipulate our thinking.
But I zoomed out and noticed we're still up 20% from 7 days ago, so I bought some more.