Elon Musk Pushes Dogecoin Price Up with Raunchy Meme

[Evgenklm]

Elon Musk Pushes Dogecoin Price Up with Raunchy Meme

What do Elon Musk’s meme folder and Dogecoin have in common? Apparently, both of them have infinite supply. 

The Tesla boss has just taken to Twitter to post his version of the “Man Distracted By Laptop” meme, which shows a man looking at his laptop while three women around him are engaging in sexual activity.

The image below—which shows what the man is actually distracted by—features a Dogecoin price chart clumsily photoshopped on to the screen. The meme coin is accompanied by Polytopia, the name of a popular turn-based civilization strategy game.

Musk’s innocuous tweet was able to instantly push the price of Dogecoin by over 3 percent in two minutes, proving that his market-moving powers are alive and well. However, the jump has proven to be rather short-lived.



Source: https://cryptonews.net/en/news/altcoins/941999/

[TomPluz]

I am not anymore listening to anything that Mr. Elon Musk can be saying on Twitter but there is no denying that there are still people who are swayed by his eccentric tweets online. But as always, the Elon effect on Dogecoin will not really last...so this is just like a pump and dump kind of thing. As to why people are still influenced by Elon, that maybe hard to explain as we know that many tweets coming from the man are actually garbage.