TikTok, a popular app with over 2 billion young users is hyping up DOGE Coin and the videos are trending as of now. Their goal is to get Dogecoin DOGEBTC to $1.00.
As of July 8th 2020 at 12:01 AM, Dogecoin stands at 0.00417005 USD (4/1000th of a dollar) and has risen 118% in the last 1.5 days alone.
This will most likely follow the standard #impulsewave 12345-ABC structure. DOGEUSD
This is going to result in a short term explosion and will most likeley crash back down to around 0.0024 USD, as good ole DOGE always does.
No worries, hype trains are fun to ride, and TikTok is more powerful than any of us realize! We'll see if these kids can do the impossible (but is it impossible though?) If Doge goes to $1, I'll have to buy the Dogecoin Lambo.
JOKES ASIDE --- This exposure is great for the cryptocurrency Market and adoption as a whole. Millions of new users will be introduced to the world of investing and cryptocurrency.
DISCLAIMER Please beware of hype trends like this. If you know how to invest and have knowledge and experience with impulse waves, go ahead. However, I am no financial advisor. If you don't know what you're doing, I do not suggest investing/trading Doge. If you are experienced, invest at your own risk!
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