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June 25, 2022
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Bitcoin

Doge destroyed the market for the second time – Bitcoin Radio # 42 –

I dedicate the new episode of Bitcoin Radio to everyone who invested in Dogecoin a month ago. And even more so for those who did it in January. Today we will especially focus on the latest developments around the cryptocurrency with a yellow pooch in the coat of arms!

Bitcoin Radio about Dogecoin

The key to understanding the Dogecoin phenomenon is tracking Elon Musk. The billionaire once again tweets about his favorite cryptocurrency, which directly translates into an increase in its price. Recall that Dogecoin has increased its price by as much as 500% – this is the second jump in value with such dimensions in the last few months.

Charles Hoskinson, the creator of Cardano, had a negative opinion about Doge. The ADA wizard claims that Doge is spoiling the BTC market and the cryptocurrency itself is a dangerous joke that will make people lose money.

What is most important, however, is that Dogecoin is the only cryptocurrency today that is gaining in value during the big red wave in the cryptocurrency market. Some say it’s because of the US’s alleged reaction to the possibility of money laundering by institutions investing in cryptocurrencies. This, in turn, may signal the beginning of the end of this growth cycle. For those of you recently here, Bitcoin and other cryptocurrencies don’t grow indefinitely.

What else do Doge?

In addition to Dogecoin, we can hear about Gamerhash in the new Bitcoin Radio – the Polish project has recently entered the stock exchange and is very successful! The price of GamerCoin – the official token, has grown by several hundred percent.

This week there was also a quarterly burna of BNB tokens – as always, it can contribute to the price increase.

In the episode, we will also touch on the topic of a mysterious whale transaction on Bitcoin.

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