Before getting into deep controversy asking is this stuff legit? Lets drive the attention onto "WHY" are they doing this?
Two ways to put into perspectives, the Gen Z liberation away from their "always right" former generation. These "kids" have their own colors and ways of doing things. Tiktok, IG, Snapchat are only medium for this generation to express their ways. While the world is so much materialized with everyday news talking about Cash, Stimulus, S&P Index, etc.. these kids want to detach themselves from this BS.
Secondly, alternatives! they want to show "not the superiority" that they also can generate ideas, execute, come out as winners the same way as the older generation.
Why Dogecoin?
Nothing, it's just worthless and affordable (make sense) for any kid to spend $10 to $20 from their pocket money.
The sadist part - What?
Remember the call for the challenge was just for a fun sake, HOWEVER.
However, the older generation those having more $$$$$ to spend would ride on this and ultimately take advantage.
Now instead of the Gen Z proofing themselves victorious, they have to face a bitter reality.
Do not blame these Kids! Blame always the second party that we talked about from the beginning of this discussion. Their life was so much victimized by Pump & Dump -- on anything!, and now seeing the chance of pulling the Gen Z down based on their sad experience, they'll do it.
Now comes Dogecoin technical analysis.
Just a polite request to all the dumpers out there, will you let these kids have their own "world"?
Now, the second part of the discussion. Is this pumping legal? as mentioned everywhere SEC does not deal with the cryptocurrency however it is illegal in an actual essence, because solicitation in any form is dangerous.
Alright, enough with the preach. We know what has been going on with all these Biotech and Shipping Pumps & Dumps, but only few not even a dozen has been prosecuted or fined. Then some even said, "it's the cost of doing business"! What....!
If you know how to do it the legal way, how it became illegal? Now this is a common phrases from the "boomers" right?
Just a second request, let these kids have fun but we do give them notice. Teach them the right thing, let them make a mistake and learn the hard way. And not BY participating in the pump, or the worst part Dumping on them. Man... easy, these are just kids! their $25 to compete against your $25 grand?
