DogeCoin (DOGE) is a Protest – Cameron Winklevoss

Fast take:

Cameron Winklevoss has equated the recognition and buying of Dogecoin to a protestHe cites that ‘persons are tired of the modern money monopoly’DogeCoin (DOGE) pumped from $0.007 at the twenty eighth to a new all-time high of $0.0877$1 used to be the target courtesy of a choice from the members of WallStreetBetsDogecoin (DOGE) has because corrected to $0.028 inflicting losses for folks who purchased the highest

The Co-Founding Father Of the Gemini Alternate, Cameron Winklevoss, has likened the recent acclaim for Dogecoin and its rally to new all-time highs, as a protest. consistent with Mr. Winklevoss, persons are uninterested in the trendy cash monopoly that doesn’t give you the financial freedom that are supposed to exist. Mr. Winkelvoss’s feedback on the Dogecoin (DOGE) phenomenon can be discovered below.

DOGE is a protest. persons are tired of the modern money monopoly. They’re tired of being told what money is and what they’re allowed to do with it. Allow the folks make a decision for themselves.

Dogecoin (DOGE) Pumps by 1,152% then Corrects through 70%

Mr. Winkelvoss’s feedback come after Dogecoin (DOGE) experienced a big pump that has its genesis from the WallStreetBets community banding together in an attempt to push it to $1. The venture to pump Dogecoin gained traction courtesy of the following tweet from a parody account of the WallStreetBets chairman.

Has Doge ever been to a greenback?

— MSB Chairman (@WSBChairman) January 28, 2021

Before the pump, and at the twenty eighth of this month, Dogecoin was worth $0.007. Approximately 24 hours later, Dogecoin had set a new all-time prime of $0.0877 signifying an excellent 1,152% increment in this type of short time period.

At the time of writing, Dogecoin has cooled all the way down to $0.028 ranges that is a 70% retracement from the highest and still a THREE HUNDRED% increment from the preliminary $0.007 value before the pump.

Some Dogecoin Buyers Noticed Their Gains Flip Negative

As with all parabolic moves such as Dogecoin’s, a retracement used to be in the pipeline. Dogecoin soon cooled off and a few DOGE investors who got in overdue on the pump bought near the highest. One such individual is the previous adult film star, Mia Khalifa, who shared on Twitter that she purchased Dogecoin (DOGE) at $0.08. Below is Ms. Khalifa’s tweet sharing her trade of DOGE.

I bought it for $.08 🥲 https://t.co/DOaJTzZghx

— Mia K. (@miakhalifa) January 30, 2021

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