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Dogecoin Forum / Re: DOGE for Tesla
« on: May 15, 2024, 05:32:32 AM »Why do you feel that Doge belongs to Elon? He is a true business executive and only wants to make a profit from every activity he does, including Doge?It is true that currently Elon Musk continues to keep the price of Dogecoin at a low price and is waiting for the right time to increase the price of Dogecoin. In general, Dogecoin has the opportunity to increase its price to $1. But as you mentioned Elon Musk should consider everything before bringing the Dogecoin price to $1.There are many considerations that business people like Elon Musk will make, even though their orientation is still profit. He also wants his followers to make a profit, that will also be a consideration for Elon Musk. Because we see that Dogecoin is still in the top 10 coins.
It seems like Elon Musk wouldn't do something unilaterally like that, I'm sure he still considers his followers so they don't suffer huge losses, Elon Musk is a visionary and a person who likes doing business for future technological developments, so he won't destroy his career instantly.
Elon will not be able to make the doge increase unless he buys heavily to be able to increase the doge and that will not be done. He just manipulates his colleagues, so he can do what he wants, and he reaps the benefits. So don't be tempted that Elon can increase the price of Doge, but from the community and trading that occurs, Doge can increase.