{"id":166913,"date":"2021-01-30T19:18:48","date_gmt":"2021-01-30T16:18:48","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/traders-influencers-lick-their-wounds-after-vicious-dogecoin-dump\/"},"modified":"2021-01-30T19:18:48","modified_gmt":"2021-01-30T16:18:48","slug":"traders-influencers-lick-their-wounds-after-vicious-dogecoin-dump","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/traders-influencers-lick-their-wounds-after-vicious-dogecoin-dump\/","title":{"rendered":"# Traders, influencers lick their wounds after vicious Dogecoin dump"},"content":{"rendered":"<p>&#8220;<strong># Traders, influencers lick their wounds after vicious Dogecoin dump <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvMDdjNjU0OWUtNWQyOS00Y2RkLTlkNWYtZGZjNjQzMGIzM2EyLmpwZWc=.jpeg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>After a pump that highlighted the power of crowd mania and meme magic, Dogecoin has tumbled nearly 40% in a retreat from $.06 Friday highs, falling as low as $.033 this morning.\u00a0<\/p>\n<p>For the influencers and Wall Street Bets refugees who joined in on the rise \u2014 many of whom were taking their first ride on what\u2019s known to be a notoriously volatile chart \u2014 the price action reversal has been especially harrowing. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Doge doing what it does best, welcoming people into crypto with a huge slap in the face. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/0GpiKe4B8U\">https:\/\/t.co\/0GpiKe4B8U<\/a><\/p>\n<p>\u2014 RyanJK  (@RJ_Kunz) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/RJ_Kunz\/status\/1355527809444278272?ref_src=twsrc%5Etfw\">January 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Just yesterday, Dogecoin made history for cracking the top 10 cryptoassets by marketcap for the first time since 2015. The currency named after a dog meme that was started as a joke was propelled to such lofty heights on the back of similarly record-breaking <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> volume, according to analytics provided by <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/thetie.io\/\">The TIE<\/a>.\u00a0<\/p>\n<p>While some tied the rapid price <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>reciation to Elon Musk memes and the inevitable groupthink of crypto\u2019s often momentum-based markets, $DOGE\u2019s success may also be rooted in anti-establishment sentiments running rife through the retail crowd following popular trading app Robinhood disabling \u2018Buy\u2019 orders for certain assets. <\/p>\n<p>The move from Robinhood and other brokers prompted furious accusations of hypocrisy and speculation that hedge funds were being favored over smaller investors \u2014 and what&#8217;s a better way to highlight a broken system than pumping a joke coin to a multi-billion dollar valuation? <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24Doge&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$Doge<\/a> it is.<br \/>Elon pump it.<br \/>$1. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/7pvyn2tZA7\">https:\/\/t.co\/7pvyn2tZA7<\/a><\/p>\n<p>\u2014 WSB Chairman (@AltsStreetsBets) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AltsStreetsBets\/status\/1354927294209433603?ref_src=twsrc%5Etfw\">January 28, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, after reports of withdrawal issues on multiple centralized exchanges, Dogecoin has undergone a violent overnight reversal, leading many buyers to take to social media to express their regret. Just a few hours after posting that she\u2019d \u201cfinally caved and bought the dog stock,\u201d podcast host and media personality Mia Khalifa indicated some buyer\u2019s remorse:<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">This is the first time I\u2019ve ever hated a dog.<\/p>\n<p>\u2014 Mia K. (@miakhalifa) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/miakhalifa\/status\/1355373642629017604?ref_src=twsrc%5Etfw\">January 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Khalifa wasn\u2019t alone in feeling the pain. Multiple streamers and social media influencers had been along for the ride, and stream viewers last night witnessed some wondering if a \u201cnuke\u201d had gone off:\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Streamers watch their life savings crash after investing into <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOGE<\/a> coin. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/lxr3BqPAtq\">pic.twitter.com\/lxr3BqPAtq<\/a><\/p>\n<p>\u2014 Crypto Whale (@CryptoWhale) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoWhale\/status\/1355417027272437763?ref_src=twsrc%5Etfw\">January 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Seeing the value of DOGE nearly cut in half doesn\u2019t seem to have pushed too many investors to more fundamentally sound projects, however. #DogeToADollar is currently a trending topic on Twitter, and a steady stream of users are claiming to double down.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/traders-influencers-lick-their-wounds-after-vicious-dogecoin-dump\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Traders, influencers lick their wounds after vicious Dogecoin dump &#8221; After a pump that highlighted the power of crowd mania and meme magic, Dogecoin has tumbled nearly 40% in a retreat from $.06 Friday highs, falling as low as $.033 this morning.\u00a0 For the influencers and Wall Street Bets refugees who joined in on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":166914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvMDdjNjU0OWUtNWQyOS00Y2RkLTlkNWYtZGZjNjQzMGIzM2EyLmpwZWc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,86883,91283,39394,4976],"class_list":["post-166913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-dogecoin","tag-pump-and-dump","tag-elon-musk","tag-social-media"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/166913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=166913"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/166913\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/166914"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=166913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=166913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=166913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}