Who let the Dog Out
Warning : Elon’s Doggie is Off-Leash

The price of Dogecoin recently saw a significant upward thrust, creating what is most likely the pole of a bull flag.
Following this, the price is not expected to consolidate until next wednesday before experiencing some scolding from the Feds . Any price action that takes prices below their recent lows presents an opportunity to open a long position and follow the trend to the next range of higher prices when its break finally occurs after Elon Musk’s takeover of Twitter
The most likely outcome is that such virtual currency will enter the public consciousness and start making ripples on Wall Street and Main Street in the near future .Virtual currencies may very well play a significant role in the future of Dogecoin as well, as the majority of investors would likely agree that social media is the wave of the future and the wave of the future.
There is a lot of speculation going on right now, but the outcome can really only be determined by time. Having said that, I do hold a number of significant reservations about this. The fact that Dogecoin is dependent on the Internet is no longer a problem in my eyes, especially given that Twitter’s community numbers have surpassed 500 million people. In today’s world, Dogecoin may actually feed the primary liquidity with twitter’s platform for exchanges, and as a result, it is likely to continue to be a cryptocurrency that will be around for the foreseeable future.
Trade fundamentals and events such as celebrity endorsements and acceptance by major corporations, both of which are definitely on the increase and will be highly foreseeable in the future, drive the value of Dogecoin.
Specifically, the value of Dogecoin is driven by celebrity endorsements especially on Mr Musk’s popularity, who happens to be the Richest man from the United States .
The process of teaching people and selling items and services that live up to Dogecoin’s initial claims would be simplified on Twitter’s platform, making it easier for Dogecoin to achieve its goals. If this happens, the value of dogecoin could eventually reach a position where it makes us question how we ever survived without it.
The Internet has always been a type of wild beast, something that did not know any bounds and shrunk itself to get into just about whatever that it could get into. And when it comes to something like Dogecoin, there are a lot of individuals who are worried that it is just too easy to spend Doge Coins on whatever you want to spend them on.
This is one of the main concerns regarding this cryptocurrency. It is my opinion that this may very well mark the beginning of the next great enormous boom that the Internet will see. This may indicate that there will be a lot of positive news for this virtual money, which may lead to a lot of people gaining confidence in it. Twitter may very soon have a Marketplace on its platform soon .
I have faith that the social media will keep expanding and growing in the years to come. Twitter will have a significant impact on the development of Dogecoin in the near future , and who knows how web 3 will orientate and evolve further .
This is a real cause for concern because, if we are not careful, the virtual currency that we are using could evolve into something that is difficult to regulate, which could lead to complications in the future.
I have high hopes that the discussion around Dogecoin and Twitter has provided you with something to ponder and possibly something to be concerned about. You should have hopefully picked up some new information on the future of dogecoin from reading about the blockchain, which has a lot of information that can be learned.
There is a good chance that it will play a significant role in the future financial landscape of the world. On the other hand, it may create a lot of difficulties for people who are not able to keep up with the changes. Nevertheless, it would be extremely crucial to keep it out of politics.
Its fate will be determined by whether or not people use it to buy things, as well as by whether or not it acquires additional uses.
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Estalontech
Estalontech is an Indie publisher with over 400 Book titles on Amazon KDP. Being a Publisher , it is normal for us to co author and brainstorm on interesting contents for this publication which we will like to share on this platform




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