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Author Topic: Is Elon Musk’s Twitter Logo Stunt a ‘Pump and Dump’ Scheme?  (Read 384 times)

Offline Coinpedia Fintech News

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Is Elon Musk’s Twitter Logo Stunt a ‘Pump and Dump’ Scheme?
« on: April 06, 2023, 09:26:27 AM »
This week, Twitter users noticed that the platform's bird logo had been replaced by a Shiba Inu, the beloved dog that serves as both the logo and name for the popular cryptocurrency Dogecoin.

While some viewed this as an April Fool's Day joke, the price of Dogecoin has since surged in value, gaining nearly 30 percent. However, not everyone is thrilled about the logo swap. Cryptocurrency analysts and traders have voiced concerns, seeing it as a possible attempt to manipulate the price of the cryptocurrency.

Famous cryptocurrency analyst Chris Blec even took to Twitter to express his frustration, asking Elon Musk to remove the "f***ing doge dog" from his screen. It seems like opinions are divided on this move by Musk, but regardless, it has certainly caused a stir in the crypto community.

What's your opinion on this?
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Is Elon Musk’s Twitter Logo Stunt a ‘Pump and Dump’ Scheme?
« on: April 06, 2023, 09:26:27 AM »

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Offline RealCryptoTrader

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Re: Is Elon Musk’s Twitter Logo Stunt a ‘Pump and Dump’ Scheme?
« Reply #1 on: April 08, 2023, 11:27:22 PM »
people need to understand this after Elon Musk buying twitter he manipulate the market.
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