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If dogecoin hits $1 it will need $600,000 worth of doge to be sold every hour
Is that a lot?
Yes. That's not current doge that are held now being sold. $600,000 NEW dollars needs to pour in every hour. 10,000 dogecoin are minted every second so that 10,000 needs to be bought every second. The higher it goes the harder it is to really sustain it. At some point everyone who wants doge will have it and all the new doge being minted won't be bought
Yes. That's not current doge that are held now being sold. $600,000 NEW dollars needs to pour in every hour. 10,000 dogecoin are minted every second so that 10,000 needs to be bought every second. The higher it goes the harder it is to really sustain it. At some point everyone who wants doge will have it and all the new doge being minted won't be bought
You’re making these diamond paws feel a little softer....
Yes. That's not current doge that are held now being sold. $600,000 NEW dollars needs to pour in every hour. 10,000 dogecoin are minted every second so that 10,000 needs to be bought every second. The higher it goes the harder it is to really sustain it. At some point everyone who wants doge will have it and all the new doge being minted won't be bought
You’re making these diamond paws feel a little softer....
I will say it's 10,000 every minute not second but it is still 600k needed every hour if it hits a dollar. And tbf that's not incredibly unsustainable short term. And also tbf I didn't think doge would even reach 10 cents so I'm def not an expert. Just think with doge the floor is incredibly soft and i just urge caution.
So at what time today is the dogecoin420 mass buy going to go down? Seems at this point it was a way to get people to buy up the price yesterday so at some point a lot of people can sell off huge amounts today.
So at what time today is the dogecoin420 mass buy going to go down? Seems at this point it was a way to get people to buy up the price yesterday so at some point a lot of people can sell off huge amounts today.
So at what time today is the dogecoin420 mass buy going to go down? Seems at this point it was a way to get people to buy up the price yesterday so at some point a lot of people can sell off huge amounts today.
4:20
Haha there really was a small uptick at 4:20 CST. I knew I should've sold last night instead of holding out hope for today being an actual thing.
If anyone feels like gambling, this SAFEMOON thing is pretty funny.
Pretty sure Binance is still unable to use in New York state so I can't even get in on it.
I don't think it's even on Binance. I bought some by buying BTC on Cash App, sending to BitMart, exchanging for UDST, and then exchanging that to SAFEMOON.
Pretty sure Binance is still unable to use in New York state so I can't even get in on it.
I don't think it's even on Binance. I bought some by buying BTC on Cash App, sending to BitMart, exchanging for UDST, and then exchanging that to SAFEMOON.
That's a lot of work. I'll probably just stay poor.
