One post sent a coin surging in a single day. What happens next?
My take: “A celebrity mentions it” and “a celebrity owns it” are two different things. Celebrities can change their tune or exit at any time, too.
Celebrity-driven rallies often give back much of their gains once the buzz dies down.
What I do: Don’t treat a celebrity’s comment as a reason to trade. They have no obligation to take responsibility for anyone else’s gains or losses.
$DOGE has seen several sharp short-term swings after celebrity posts in the past. Current price: 0.08163.
My take: “A celebrity mentions it” and “a celebrity owns it” are two different things. Celebrities can change their tune or exit at any time, too.
Celebrity-driven rallies often give back much of their gains once the buzz dies down.
What I do: Don’t treat a celebrity’s comment as a reason to trade. They have no obligation to take responsibility for anyone else’s gains or losses.
$DOGE has seen several sharp short-term swings after celebrity posts in the past. Current price: 0.08163.