Dogecoin is pumping, they are also trying to pump silver and even XRP pumped up to almost a dollar before falling again. The little, everyday traders are taking on the big hedge funds and winning in some part.
I find it interesting, how the big boys conduct insider trading, use massive computers and short honest, good, hard working businesses to make money. But when their own model is used against them, they immediately squeal and run to the regulators.
It will be interesting to see how it plays out over the next few days and weeks. Will Dogecoin go higher? Will they manage to pump silver higher? Or will all these traders discover crypto and pump altcoins instead?
If you are getting involved in these trades, be careful. Don't trade with money you cannot afford to lose. My recommendation would be to buy high quality crypto assets like Cardano, Ethereum, 1inch, District0x and the like which have long term business plans with high quality teams and support.
But either way, we certainly live in interesting times. Crypto continues to get more media coverage and it continues to expand and improve and provide better and better business cases and returns to smart, long term investors.
