Dogecoin (DOGE)

I’ve been tweeting about Ansem a lot this morning because I actually think he’s made a genius play in the space.

He barely posted for a long while, frustrated people, came back, started ball posting, completely 180’d his content, started a podcast with FaZe Banks, dropped a meme coin, the meme coin runs to $100M, and he potentially makes $30M+, maybe $45M at the highs, maybe even more.

People are saying this is a good thing because it’s bringing the trenches back. Maybe it is, maybe it isn’t.

But what I don’t think people understand is that you’re essentially just donating to Ansem if you buy his token.

That doesn’t mean you should or shouldn’t do it. If you think you can make money from it, that’s up to you. That’s the whole point of the meme coin trenches.

But you literally only make money if someone buys after you because it’s a meme.

If Ansem then cashes out, for example, money is going to be net extracted from the space. If he doesn’t cash out, I’ll be very, very surprised. I think he’ll cash out a

What $DOGE Needs

Dogecoin needs more than social buzz.

-X integration would be major.
-Merchant usage must expand.
-Whale demand helps break resistance.

Cycles matter more than noise. https://t.co/rJ9SrivHtZ

$DOGE
Charts have a tell.
The manner by which a chart approaches its support or resistance can tell you whether or not it will be held or be broken.

An aggressive approach to a support zone, AFTER consolidation is bad for that support conversely a soft approach to a support zone, AFTER a consolidation is good for that support.(Vice Versa for resistance)

What do you think is happening here? And by what I just told you above, what do you make of this DOGE chart.

#CRYPTO #TRADING #BTC #ETH #MARKETUPDATE #DOGE