Agitated? That look when Dogecoin price is closing on $1
The day and moment is Dogecoin's moment, its funny how the forgotten could become so popular just because one famous man talks about it often. Its the bull season(so we hoped) and hardly will anyone in the crypto-space(most especially crypto newbies) not check Coinmarketcap hourly or daily, reason is simple: you must have invested in something, that is, in Altcoins or in DeFi if Bitcoin seems too expensive to stack. And remember the saying that: "where your treasure is, is where your heart reside". So that explains why coin marketcap, coingecko and the rest of crypto prices trackets are most frequently visited by Crypto Enthusiasts.
Recently, Dogecoin keeps attaining newer ATH, and so is some other coins. Could it be because of Elon Musk? The Billionaire who talks so much about it hence giving the coin more popularity. Or is it just one of the magic of an impending massive Bullrun?
Its funny how its price surge did not get many prediction. Even though many tokens have TAs and FAs to predict their price movement. Irrespective of the price tracking i never expected Dogecoin to rise to fame this soon. The sad truth is, watching the price trends could be a bad thing for mental health and for your sanity. You could see your $2000 worth tokens go below $200 and there is nothing you can do about. Yet, watching Dogecoin do this magic is insane and its hard to know if its heading to $1 or the party will soon be over.
Most coins could drop and rise quickly, thats what Volatility implies. Now, it seems the price f Bitcoin is having effects on Alts as we crypto hopeful wanted and it could go for a long time before things go the other way(the next nasty Bear run).
Many tokens are yet to topple their ATH, Some kept creating ATH records to be broken just in matter of weeks of been created. Doge recently touches $0.3 plus and the agitation keeps rising as it could go 50cent without a price retractment till it reaches the $1 price. Now is the crazy time of romancing Blockfolio and CMC(lol), I am checking it as i compose this blog haha.
Fact is, except you are a developer, you have to make Blockchain/crypto passive. If you are a trader like myself and a host of others, either full time trader or intermediate one, price rise and fall like this could make you or break your nerves. You might even loose all hope in your favorite Tokens like we all did with Steen and a couple of others, I once did with Doge too. But its all coming back strong, at least for the Bullrun.