Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Fawpac2 on May 20, 2021, 09:10:36 PM
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Elon Musk has just taken to Twitter to talk DOGE again, posting a picture of a $1-dollar note, suggesting this is his forecast of the meme-coin’s price. The picture in the tweet refers to the Cyber Viking book series by Marcus Sloss. At the time of writing, Dogecoin is changing hands at $0.3752, as per CoinMarketCap, after yesterday’s plunge that followed Bitcoin’d downward trajectory from above $40,000 ten thousand USD lower.
The Tesla CEO is a long-term DOGE fan, he often posts tweets related to DOGE and pushing the coin’s price to new highs. Many believe the head of Tesla is manipulating the Doge and Bitcoin price after he recently pushed BTC into the sea of red by tweeting that it is a “dirty coin”.
However, Musk’s recent appearance on SNL made the meme-currency show a massive drop. Source (https://cryptonews.net/675784/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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The main reason for the increase in DOGE coin price is to tweet on Twitter page about Elon Musk's doge. Investors have been investing ever since Elon Musk tweeted pictures of the doge on his Twitter page. DOGe coin It didn't take long for a very good quality coin to hit $1 the way the price went up. But all of a sudden the price of bitcoin has dropped due to the dumping of the price of bitcoin. Even then the doge coin price will definitely hit $1 in the future.
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I think the price of doge coins will increase a lot in the future. Which is much higher than other quails. Because this coin is currently established in the cryptocurrency market. More and more companies support these coins for transactions. So the price of doge will increase much more. Currently, Tesla has a tendency to approve doge. So the most promising coin in the cryptocurrency market is the doge.
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The price of doge coin has so far only advanced for one person is Tesla Elon Musk. He alone has brought Doge Coin to such a stage. So far he has been supporting DogeCoin.Since he has been supporting dogecoins so far, I think dogecoins will soon exceed one dollar.Time is just waiting.
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Because of this Hint, many of Elon's followers invested in Dogecoin and only those who invested earlier become rich but those who invested at the time of the pump are now in a big loss.
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I would not be surprised if this happens after another tweet by Elon Musk. But do not forget that it is very risky now to take dogs at such an unreasonably high cost for a trifling, unsupported currency / coin. If you're a risk-taking guy go ahead, if you're a smart guy, stop and read a couple of steps ahead and make the right decision.