Other news from BitStil platform (reviewed here). This time they (seem to be) join the movement of Dogcoin promotion. This coin showed (!already) a big rally and just a few days ago we also have published an article about Doge (here), as you may remember..
Some predictions go with direction of further rally of this coin, which is very hard to foreseen right now in my opinion.. As a pump & dump scheme it works better than most of other coins, but to know the exact exit point is impossible for most of investors (except of Musk and Cuban only probably 🙂 )
So with Dogecoin, at least for now, everything goes like with hyips where you have to take into account a risk/reward ratio and to have a plan of when you’d better to invest and when to quit..
Here’s the article:
Musk and Cuban promote Dogecoin on Twitter
Over the last 24 hours, the Dogecoin price raised by 37.2% to 67 cents, CNBC reports as referred to Coin Metrics data. Again, the Tesla (NASDAQ: TSLA) founder Elon Musk, as well as another American billionaire Mark Cuban, lent support to the cryptocurrency who posted on Twitter.Musk just wrote on Twitter: The Dogefather SNL May 8. It suggested that he’ll host Saturday Night Live the next week.Mark Cuban is the owner of the basketball team Dallas Mavericks. On Monday, the billionaire entrepreneur and TV host announced that his team in NBA is going to complete 6 thousand transactions with Dogecoin in April.Moreover, Dogecoin attracted followers among retail traders who use the stock trading app Robinhood, which also features a cryptography function. The token fans asked Robinhood to adopt a function allowing them to withdraw their assets in different cryptocurrencies. Bitstil has already connected the tokens to the platform and recommends making investments in tokens getting double profit through the interest rate and Dogecoin growth.Early in the month, the cryptocurrency inspired by memes reached the record level of over 60 cents, which fueled concerns about a potential bubble in the cryptocurrency market.According to CoinGecko, Dogecoin originally created as a joke in 2013 today is the sixth biggest digital coin with a total market capitalization of almost $84 billion.Join BitStil and take the quality of your living to a whole new level!
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