With with that other doggie crypto it went up 70% within the day I bought it so I sold it and waited for it to drop :Y: Sure enough it did and I bought in again at 0.000018 and grabbed 50K of tokens, it's now sitting on 0.000028 and from the looks going up. Now as this is a brandnew meme crypto the guy's on reddit first had a good laugh then turned around 100% and bought in saying they want to rally this new one to give the dogecoin a good dogfight.
So for a long term bet it is worth getting a few thousand tokens and just wait until it starts barking.
My yankie mate reckons dogecoin will go back to what it was at the start of year by xmas no matter what the musk says as the appeal of it will soon wane. I did ask him about this new meme coin and his reply was well mate I bought 500K of them and thanks for the heads up. Now true to his word the crypto market did drop and off that bunch of sells I made about 5K and on the rebound this week saw a 3K profit.
Just be aware that another bull market is around the corner then the correction to come is going to be a big one where bitcoin could go back to 20K causing every other crypto to join it on the downward path. My yankie mate works in a hedge fund and from what he has told me of the years has stood me pretty well. His advice is the next time bitcoin hit 60K put a sell on and have the leverage to cover it as it will pay off big time in the near future.