Dogecoin moving up nice and steady

Just like many others. The Cryptos market seems to be recovering quite well. HODL steady as it goes DOGE already passed half a USD cent again (0.0043 in Euro). And it is slowly building up towards 0....

7 years ago, comments: 15, votes: 19, reward: $2.46

Just like many others.

The Cryptos market seems to be recovering quite well.

HODL steady as it goes

DOGE already passed half a USD cent again (0.0043 in Euro). And it is slowly building up towards 0.01 USD. Most Cryptos are showing a strong recovery over the last week. Digibyte {DGB}, Vertcoin {VTC} and Litecoin {LTC} are also getting back into the stable green. Bitshares {BTS}, Steem and SBD are doing great. If a Crypto is in the red at this time and moment than that could be a bad sign. Bitcoin {BTC} is just slowly gaining over the last 7 days, but that might be a good thing. Some well known Cryptos show clear signs of a recent pump pattern, with only a few hundred million trading in 24 hours. That could be followed by a dump soon. As the blockchain activity does not match the pump.

In blockchain activity Steem is still lonely at the top. With over 1.6 million transactions in a day, only using 0.13% of its capacity... Ethereum does not even get to half of that at a 100% capacity, with almost 27'000 transactions waiting in line. Bitshares is doing more than half a million transactions a day, at only 0.05%. And Dogecoin is steady above its 7 day average at 31'659 transactions. No way that it can beat DPOS {Delegated Proof Of Stake} based blockchains like Bitshares and Steem, but it stays way ahead of BCH. So it might be that the purist true P2P Digital Cash is DOGE... Natoshi Sakamoto would probably agree on that. (He lives a few blocks from here, selling Dogfood, amongst other petstuff.) Anyway, things are looking bright and beautifull again at the Cryptos market.

Now, if this trend keeps up, than it could well be that DOGE is going for 0.01 USD somewhere at the end of april 2018. Yet, remember that nothing is for sure, much in Cryptos is about speculation. So remember to only invest in Cryptos what you are willing and able to lose.

May the cryptos be with us!


Dogecoin moving up- and forward in a stable way
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Screenshot taken at https://coinmarketcap.com