{"id":3043,"date":"2021-04-21T13:02:10","date_gmt":"2021-04-21T12:02:10","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=3043"},"modified":"2021-04-21T13:02:14","modified_gmt":"2021-04-21T12:02:14","slug":"dogecoin-disappoints-with-32-dump-after-doge-day","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/dogecoin-disappoints-with-32-dump-after-doge-day\/","title":{"rendered":"Dogecoin Disappoints With 32% Dump After \u2018DOGE Day\u2019"},"content":{"rendered":"\n

As the giddy peak<\/a>, however, DOGE<\/a> fell nearly 32 percent in early trade on Wednesday, 21 April, to a low of $0.285.<\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Yesterday, Doges, of course, hit $0.418 for the first time as fans pumped the meme sweet token in the middle of a flourish of hysteria.<\/p>\n\n\n\n

Since that time, at $0.329 at the time of writing, the token has recovered slightly to trade. Following the 250 percent hype-fuel pump in the past week, the big dump had been inevitable.<\/p>\n\n\n\n

According to Coingecko, DOGE holds currently sixth in the $43 billion market cap charts.<\/p>\n\n\n\n

More Meme Power<\/strong><\/p>\n\n\n\n

The ‘DOGE Day' was designated as April 20, following the start of DOGE campaigns on Twitter and Reddit by community members, as reported by CryptoPotato. The trend extended beyond crypto-cercle and Snickers and Milky Way even joined the crazy manufacturing brands.<\/p>\n\n\n\n

In the past year there has also been no lack of Elon Musk's surreptitious remarks which have added to the momentum and speculators.<\/p>\n\n\n\n

This is so large that CNBC reports from the mainstream media, that “this year's worldwide victory was the joke coin.”<\/p>\n\n\n\n

According to CNBC crypto bull and Mike Novogratz, Galaxy Digital CEO, Dogecoin is talking about a lot of GME's move. The GameStop inventory was pumped off the charts in late January as the buying frog mounted Reddit group Wallstreetbets.<\/p>\n\n\n\n

“About meme coins and meme ideas, there is insane excitement among very young investors. It's shocking for me that $GME is still worth it.”<\/p>\n\n\n\n

The aim of the DOGE pumping was to achieve it at a dollar, but $0.58 went down.<\/p>\n\n\n\n

Crypto trader KALEO had predicted that the DOGE mass pump and dump would take advantage of the Hype and FOMO.<\/p>\n\n\n\n

Delusional Dogecoin<\/strong><\/p>\n\n\n\n

According to Coingecko, DOGE holds currently sixth in the $43 billion market cap charts. This puts the token created as a joke above the solid blockchain Cardano and Polkadot networks in the real world.<\/p>\n\n\n\n

Crypto influencer ‘Ivy' in a tweet on the now infamous day summed up some of the recent events:<\/p>\n\n\n\n

“I only saw several tik toks post $100 DOGE \u2014 more than $12 TRILLION \u2014 over 12 times the current cap of $btc. Good lord, you 4\/20” smoking guys<\/p>\n","protected":false},"excerpt":{"rendered":"

As the giddy peak, however, DOGE fell nearly 32 percent in early trade on Wednesday, 21 April, to a low of $0.285. Yesterday, Doges, of course, hit $0.418 for the first time as fans pumped the meme sweet token in the middle of a flourish of hysteria. Since that time, at $0.329 at the time […]<\/p>\n","protected":false},"author":63,"featured_media":3044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[151],"class_list":["post-3043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-doge"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/Screenshot-2021-01-28-at-13-20-35_trans_NvBQzQNjv4BqEGKV9LrAqQtLUTT1Z0gJNRFI0o2dlzyIcL3Nvd0Rwgc.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=3043"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/3044"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=3043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=3043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=3043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}