Has TikTok defeated Crypto Twitter?

TikTok sends Dogecoin price to 2-year high, Twitter says "be smart"...

View this email in your browser In a moment reminiscent of the early Crypto Twitter days of 2013, TikTok bandwagoned to pump the legendary Dogecoin to a high of $0.04 cents on Binance.US — an amazing windfall for the Hodlers who held their Dogecoin all this time. Using Robinhood, buyers mimicked the recent purchasing of shares of bankrupt companies like Hertz. Did you buy any Doge during that pump? To new traders: Be careful! Serious pump-and-dumps like this can leave you hodling the bag, which a lot of new traders ended up doing in 2017. It is important to know when you buy and have an exit strategy every time you trade. How long are you trading for? What is your stop loss? How much are you willing to lose? How much profit are you planning on taking? Never enter a trade without making these decisions. This is fundamental to taking profit. Good luck out there! See you on the moon. This is why it is important to be informed on all things markets and trading. Our Markets Twitter account is helpful for staying up-to-date with crypto markets from your community at Cointelegraph. Steven D'Agostino, Department Head of Social Media at Cointelegraph. 7/8/20: TikTok sends Dogecoin price to 2-year high, Twitter says "be smart" Gains from a fresh viral campaign in support of DOGE on TikTok lead to an appeal to speculators from the @Dogecoin account. Read more 7/8/20: Three reasons Cardano (ADA) suddenly surged by 85% in 10 Days Three factors likely caused the intense rally of ADA in recent weeks. The potential catalysts are the new Shelley upgrade, favorable market structure and the rapid growth of the decentralized finance market. Read more 7/8/20: Volvo invests in blockchain startup to trace cobalt in its batteries In an era where more consumers are becoming concerned with how the products they buy are produced, the ability to verify the entire supply chain may provide a competitive advantage or even become a necessity. Read more 7/8/20: Waiting for Ethereum 2.0, but layer two solutions are needed now The Ethereum network has been dealing with some congestion issues, the most recent of which resulted in its transaction fees ballooning in June 2020. Read more 1.5 million people follow us on social media Download our official app:

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