Let's talk about what caused the DOGE pump.🐕(and what coin may pump like that next)

Let's talk about what caused the DOGE pump.🐕(and what coin may pump like that next)

By MadMaxx | Psycho Crypto | 13 Jul 2020


Hello, and welcome to another post.

In this post, I'll go over what made DOGE pump, and what coin may follow DOGE for easy 2x gains.

But before we get started, I'd like you to know that my telegram group was in DOGE since 23 sats. We did sell at 55 sats, but that was an easy 2.5x. Join here if you're interested for free calls and educative content!

Ok. Let's get into the content!

First off, what in the flipping heck is DOGE?

To be honest, DOGE has no REAL use case. Many people have said that DOGE may be the new Bitcoin, but that's obviously convoluted.

The truth is: DOGE is a meme! That's right. It's a meme coin. We all know the dog from the meme, and that's the logo for DOGE. So DOGE isn't a very "real" cryptocurrency with a real use case. It's just a meme.

So how in the hell did a meme pump to the skies?

Simple. It had the right marketing.

For those of us that do a little business, you'd understand that marketing is everything. Starbucks can sell a coffee so expensive because of the marketing and branding.

It started with one TikTok video. TikTok is a very popular place now, and EVERYONE is on it. Someone made a video about DOGE to his 200k followers, saying how it was the future if cryptocurrency and what not.

These tiktok followers are very loyal to their "leaders", it's almost like a cult. When one big account makes a video, the other big accounts make the same video to also get some of the attention.

But these guys needed somewhere to buy DOGE. Obviously, they didn't know of Binance or other good exchanges. But they did have Robin hood, and robin hood supports DOGE. Simple formula for success.

DOGE started pumping a bit, about 20% when the TikTokers got on it. Now other TikTokers who hadn't made videos on it before now made videos that DOGE had started pumping 20% and it was an easy way to lambo land.

So their followers started buying DOGE as well, and it continued pumping higher and higher. Around 49 sats, Jake Paul of all people made a video on DOGE. 

That in my opinion was the biggest catalyst. DOGE proceeded to pump to 60 sats before cooling down.

Many people said that DOGE would reach $1, but that's impossible, because then its market cap would be higher than that of BTC. And BTC is God in this story.

However, this goes on to show that the media can make changes in seemingly dead assets.

So let's talk about finding the next DOGE.

To be honest, it's really simple. We need to jump on a coin that the media would start shilling before it takes off. And it's really simple.

  • Check the cryptocurrency trends everyday. 
  • Wait for "normies" to start talking about a cryptocurrency.
  • Buy the cryptocurrency once its technicals are sound.
  • EzPz

Of course it's not as simple as that, but that's the formula that worked for DOGE, and it can work for others as well.

I hope you enjoyed this case study. If you did, a like and follow would be amazing.

Thanks for reading, and don't forget to join my telegram here if you missed the first link.

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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