DogeCoin Union: when will the good news for dogecoin affect its price

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TikTok's challenge to the price of dog coins has led to explosive increases. THE DOGE/USD price fell to a high near $0.00569 on July 8, and BTC's Ryze made a tough argument against Dogecoin after it said the memes cryptocurrencies acted like a cryptocurrencies frenzy in 2017. Dogecoin is a reminder of the infamous encryption frenzy of 2017.

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Data scientists strongly believe that this is either market manipulation or insider trading, but for obvious reasons they are reluctant to give a definitive answer. In any case, the good news for bulls is that whoever shorts 10,000 bitcoins will have to buy back at some point, which could push up the price of bitcoins significantly. The bad news is when they start closing short orders and buying back. There is no real way to predict how this event will affect short- and long-term markets.

trend of dogecoin price, DOGECOIN SHORT-TERM PRICE PREDICTION - WHY DOGE WILL TREND HIGHER? Dogecoin News & Analysis.

But my biggest concern is that because of the speed of mining, miners will probably not be interested in it in nine months' time. I think in the next 50 days, the price of dogecoin will be in a difficult period of upward, in fact, it is now the second most popular currency based on the scrypt algorithm. In the short term, I am sure the price may rise to 300satoshi or fall to 20satoshi (as explained later on the value of satoshi). In mid-March we just have to look at how the miners do it, and the price movement of dogecoin will be clearer. Assuming that the doge is still very popular in mid-March and more and more people start to like it, dogecoin will at least maintain its current price and its market share will increase significantly. Around the end of the second quarter or the beginning of the third quarter, dogecoin production decreases significantly, which will determine the price increase, at which point you may see a sharp decline in the BTC series. Of course if you shoot dogecoin at that time, then you're really too late. The fourth quarter will be crucial and he may decide on THEE's future. At this point in time, miners get only a small amount of mining, and if prices don't rise enough to make them profitable, they will stop mining and the whole doge will become unsafe. Of course, miners can be retained at this point by increasing transaction fees or other means.

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DOGE rose 16.45 percent to $0.0035 and leveraged ETF DOGE3L jumped 48.8 percent to $0.125, according to MXC matcha data. At present, MXC matcha supports DOGE coin trading, leveraged trading, leveraged ETFs and POS pool services, where leveraged trading supports 5 times leveraged long-short two-way trading. Leveraged ETFs support 3 times leveraged long-short two-way trading, buying DOGE3L means 3 times long, buying DOGE3S means 3 times short. POS mineral pools support DOGE leveraged lending services and lock in DOGE for a 4.5% underlying return.

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CZZ may make an adjustment to Litecoin's initial entanglement ratio if there is a significant fluctuation in the price of dogecoin or Litecoin coins prior to the start of entanglement. CZZ's initial entanglement ratio to Dogecoin remains the same.