Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Fawpac2 on May 20, 2021, 09:08:26 PM
-
The price of Dogecoin jumped by 20% in minutes after another pro-tweet from Tesla’s CEO – Elon Musk. The billionaire posted a rather intriguing tweet that included a one-dollar bill and DOGE.
In his latest pro-DOGE initiative on social media, Musk posted a picture with a text reading “cyberviking.” In the background, though, there’s a slightly blurred one-dollar bill.
What’s more interesting in this particular case is Musk’s question above: “How much is that Doge in the window?”
How much is that Doge in the window? pic.twitter.com/bxTkWOr50V
— Elon Musk (@elonmusk) May 20, 2021
The CEO of Tesla and SpaceX has been openly supportive of the Shiba Inu-inspired coin for a while. Being such an influential person with millions of followers, his words reached other celebrities, and the snowball effect started.
The mania reached retail investors, and some DOGE fans started a campaign “DOGE to $1.” With Musk’s words from today, it seems that he has joined that trend as well.
As it happened with previous interactions from the billionaire, Dogecoin’s price reacted immediately. It traded at $0.36 following the most recent market crash but spiked by about 20% to an intraday high of $0.42.
It’s worth noting that Dogecoin came around $0.25 away from reaching its target of $1 less than two weeks ago. At that point, DOGE even became the fourth-largest crypto by market cap and was close to overcoming BNB for the third spot.
Despite being down roughly 50% since the ATH in early May, DOGE is still well ahead year-to-date. The current price level of $0.4 means that Dogecoin has surged by over 6,500% since the start of 2021. Source (https://cryptonews.net/675942/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
-
Elon Musk If he says anything about cryptocurrency it is certainly correct. Even after that doge coin good quality coins have a lot of investors although the price has come down suddenly but will hit $1 in a few days. Elon Musk re-said about doge coin that every day it will increase by 20 percent so I believe doge coin will hit $1 in a very short time Now the doge coin price is $0.39. If anyone wants to invest, they can and can make a lot of money in a very short period of time.
-
Elon Musk talks about dogecoins, saying that anyone who buys dogecoins now is a future millionaire.But one of his tweets I didn't find acceptable was whether it would be dogecoins or bitcoin.Will dogecoins ever be able to surpass bitcoin? I don't think so. What is your opinion on this?
-
Elon Musk Tweet has a huge effect on the market and also there is a lot of disturbance occurring in the crypto world as the market is now down and still continues the down trend.