Behaving strangely for the interest in it. Dogecoin Network Sees Strong Upward Trend Entering the new year, the Dogecoin network is exhibiting a positive trajectory, with the number of addresses holding DOGE reaching approximately 5.6 million. DOGE Total Addresses. Source: IntoTheBlock Additionally, this growth signifies an increasing interest and participation in the Dogecoin ecosystem, reflecting its continued appeal among cryptocurrency users and investors. Surge in Dogecoin Network Activity Over Last 7 Days Over the past week, Dogecoin has witnessed a significant surge in network activity. The number of active DOGE addresses has seen an impressive increase of over 46%. Additionally, there has been approximately a 38% rise in the creation of new DOGE addresses.
I know...when I had an alert about 52 week high for bitcoin I was like darn I totally forgot to load up the dogecoin lotto...then I checked dogecoin and its totally lagging. The last time bitcoin hit this price dogecoin was at .18. I'm in for 100k doge on margin...costing about let me check...about .36 cents an hour so about $8 per day. Currently down $76. We'll see if this can get me a second Lotus. I'll be willing to hold it till mid June so margin interest will cost me about $960. To break even in June I will need a price of .091, and liquidation is at .066
I thought the same way like why in the hell are these altcoins not catching up??!? But at this point i don't know,.... maybe the market is telling us something? So many times bitcoin went up, alts went nowhere and then everything dumped together. If bitcoin corrects just like 10%, then your doge long gets liquidated
I don't think so, because it is hasn't been correlating since January last year, and it hasn't been down there since October lows before the bitcoin uptrend started...I mean technically the uptrend started in Jan 2023, but the most recent breakout. Last time it joined the rally late only after EM tweeted something on April15 2021 so maybe its just a shitcoin now.
Uncorrelated on the pumps, correlated on the dumps I thought it would go up, but now i'm thinking it will go down first. Maybe this is the bottom I think when conditions are right, it is likely to pop up along with everything else. But i don't know when that is so i hold spot.
Have a look at Arcblock though. Was stuck in the mud for 12 or 18 months and now pumped 459% in a month. I have a feeling there will be a Top 5 or 10 that keep moving.
Alright I'm up $200 USD...hey I bet all those stop loss guys would have closed the position yesterday when it was -$80...and then jumped back in today and pay more than what they had originally paid lol...but they are traders right? You guys know what my stop loss level is? It's the liquidation price.
Up 500 USD...dogecoin tracking about .078 at 41k, .086 at 51k, .098 at 61k. That kinda sucks considering last time bitcoin was at this price doge was at .18. If 60k is target for bitcoin before a correction then should be pulling about a 2k profit...probably sell off there and re-enter around 40k. Rollover cost is about $10 per day...also sucks considering move could take till April so that will reduce profits by $600-800 so net profits about $1500...I should switch to SPOT and just hodl like last time...trading is for suckers.