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Topic: Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter (Read 503 times)

hero member
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Dogecoin was rebuilt from his beginning price,So it’s seems like very good potential now.Some of the digital marketing for the dogecoin was begins from the team at the right time now.Their get a good strength again.So it will reach the market up.So that both the old investors and the owner of the project will earn the profit.
hero member
Activity: 1876
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That's correct - Everything which Musk touches turn into gold.
I wish I would have invested in Dogecoin earlier  _ I am so sad I didn't not do it. Musk is a rock star though. What a good fortune he brought to dogecoin

Elon Musk has only created hype and pumped dogecoin into the market. When you become the richest person in the world and millions of people follow you, your power to influence people will be huge. So here is the fact that dogecoin is pumping so much because of the fortune of elon musk, but it is not correct. Because this man is a brand in itself.

He can show his power in many things if he wants. It is difficult to say which way Dogecoin will go from here.
hero member
Activity: 2744
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lots of scammers also wanted to ride with his name, memes and everything that connected to his name makes some

decent hypes and if you know how to work well, then the chance of making money out of the hypes is very possible to happen.

It's more on how will you do your research and find whatever coins Musk is playing with and make a good short-term run and

take your profits or let go with lose money. Wink
That's correct - Everything which Musk touches turn into gold.
I wish I would have invested in Dogecoin earlier  _ I am so sad I didn't not do it. Musk is a rock star though. What a good fortune he brought to dogecoin
It was like Elon is the reincarnation of midas but there's no magic involved here, everything happens for real, thanks for the million followers of this guy. If you think you are late on the party, don't worry but you can still invest on dogecoin and I think these days is the perfect moment to buy it now that btc is dumping so everyone is expecting that altcoins will also do the same.

There is also no need for you to regret on a coin like doge because there's a much better coin out there that haven't experienced to pumped yet, polygon matic of instance. What is good with it is it doesn't only relies on Elon or on the hypes but its utility can make him become better.

You can pick whatever coin/s you like as long as you are willing to wait and risk your time and money. No limitations even the project

is a meme type of a coin. A good example is doge Musk give this coin a big hype and attracts both old and new investors to invest, early

followers manage to earn while the rest are now regretting their participations Wink.
sr. member
Activity: 1045
Merit: 273
lots of scammers also wanted to ride with his name, memes and everything that connected to his name makes some

decent hypes and if you know how to work well, then the chance of making money out of the hypes is very possible to happen.

It's more on how will you do your research and find whatever coins Musk is playing with and make a good short-term run and

take your profits or let go with lose money. Wink
That's correct - Everything which Musk touches turn into gold.
I wish I would have invested in Dogecoin earlier  _ I am so sad I didn't not do it. Musk is a rock star though. What a good fortune he brought to dogecoin
It was like Elon is the reincarnation of midas but there's no magic involved here, everything happens for real, thanks for the million followers of this guy. If you think you are late on the party, don't worry but you can still invest on dogecoin and I think these days is the perfect moment to buy it now that btc is dumping so everyone is expecting that altcoins will also do the same.

There is also no need for you to regret on a coin like doge because there's a much better coin out there that haven't experienced to pumped yet, polygon matic of instance. What is good with it is it doesn't only relies on Elon or on the hypes but its utility can make him become better.
hero member
Activity: 1792
Merit: 507
Right now, every project, and basically everything Elon Musk touches, turns to gold. There is no doubt that the price of DOGE largely depends on what Musk writes on HIS Twitter account.
I wonder if he will soon write something about the new meme coin www.pussdao.com  Grin Grin
elon musk was good influencer and also good pumper in crypto market now. alot project tagg him in order to get his attention so get elon's response. investors should be smarter now, its enough to depend on elon musk magic, back to project fundamental so we will not getting rekt when it fake pump

Yup,  lots of scammers also wanted to ride with his name, memes and everything that connected to his name makes some

decent hypes and if you know how to work well, then the chance of making money out of the hypes is very possible to happen.

It's more on how will you do your research and find whatever coins Musk is playing with and make a good short-term run and

take your profits or let go with lose money. Wink
That's correct - Everything which Musk touches turn into gold.
I wish I would have invested in Dogecoin earlier  _ I am so sad I didn't not do it. Musk is a rock star though. What a good fortune he brought to dogecoin
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Right now, every project, and basically everything Elon Musk touches, turns to gold. There is no doubt that the price of DOGE largely depends on what Musk writes on HIS Twitter account.
I wonder if he will soon write something about the new meme coin www.pussdao.com  Grin Grin
elon musk was good influencer and also good pumper in crypto market now. alot project tagg him in order to get his attention so get elon's response. investors should be smarter now, its enough to depend on elon musk magic, back to project fundamental so we will not getting rekt when it fake pump

Yup,  lots of scammers also wanted to ride with his name, memes and everything that connected to his name makes some

decent hypes and if you know how to work well, then the chance of making money out of the hypes is very possible to happen.

It's more on how will you do your research and find whatever coins Musk is playing with and make a good short-term run and

take your profits or let go with lose money. Wink
full member
Activity: 588
Merit: 100
Dogecoin (DOGE) jumped more than 30 percent in a short time after the founder of Tesla reached a deal to buy Twitter Inc.  Dogecoin strengthened when other crypto coins such as Bitcoin, Ether to Solana were relatively stable and even weakened.Earlier this year, Elon Musk announced that Dogecoin could be used to buy Tesla products.  Elon Musk does often provide 'push' to increase DOGE prices.
sr. member
Activity: 344
Merit: 250
What you say is true sometimes it's just a reflection of the price of Dogecoin, while after we bought it we waited for the price to decrease more than now.
But for those who have bought it yesterday I think this is the right time to let it go because before the price changes again, but for those who want to buy it back I think this should be thought about again right guys.
If you buy it at the lowest price, I think it won't be a problem, because Dogecoin will also increase again when a bear market recovery occurs or when a bear market turns into a bull, but for those who had bought at a lower price than now, it certainly won't be wrong to sell it before the price drops even lower than it is now.
full member
Activity: 259
Merit: 100
with his follower amount easy for elon musk shake cryptocurrency price.alot elon follower also cryptocurreny investors that waiting shilling in any coins. doge now be most favourite coin for elon , and alot campaign he support for doge movement in future.
And the price moves also only for a moment because Elon Musk's friend who is an investor also does not ignore the profits that will be obtained in the near future on Dogecoin so they prefer to release it after buying and seeing that there is a profit, so don't get stuck with this method again because it depends on you in other people's words always have a greater risk, because this is not a matter of easy or not.

What you say is true sometimes it's just a reflection of the price of Dogecoin, while after we bought it we waited for the price to decrease more than now.
But for those who have bought it yesterday I think this is the right time to let it go because before the price changes again, but for those who want to buy it back I think this should be thought about again right guys.


hero member
Activity: 1680
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with his follower amount easy for elon musk shake cryptocurrency price.alot elon follower also cryptocurreny investors that waiting shilling in any coins. doge now be most favourite coin for elon , and alot campaign he support for doge movement in future.
And the price moves also only for a moment because Elon Musk's friend who is an investor also does not ignore the profits that will be obtained in the near future on Dogecoin so they prefer to release it after buying and seeing that there is a profit, so don't get stuck with this method again because it depends on you in other people's words always have a greater risk, because this is not a matter of easy or not.
member
Activity: 636
Merit: 11
Right now, every project, and basically everything Elon Musk touches, turns to gold. There is no doubt that the price of DOGE largely depends on what Musk writes on HIS Twitter account.
I wonder if he will soon write something about the new meme coin www.pussdao.com  Grin Grin
elon musk was good influencer and also good pumper in crypto market now. alot project tagg him in order to get his attention so get elon's response. investors should be smarter now, its enough to depend on elon musk magic, back to project fundamental so we will not getting rekt when it fake pump
with his follower amount easy for elon musk shake cryptocurrency price.alot elon follower also cryptocurreny investors that waiting shilling in any coins. doge now be most favourite coin for elon , and alot campaign he support for doge movement in future.
full member
Activity: 548
Merit: 168
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Right now, every project, and basically everything Elon Musk touches, turns to gold. There is no doubt that the price of DOGE largely depends on what Musk writes on HIS Twitter account.
I wonder if he will soon write something about the new meme coin www.pussdao.com  Grin Grin
elon musk was good influencer and also good pumper in crypto market now. alot project tagg him in order to get his attention so get elon's response. investors should be smarter now, its enough to depend on elon musk magic, back to project fundamental so we will not getting rekt when it fake pump
legendary
Activity: 2002
Merit: 1016
Right now, every project, and basically everything Elon Musk touches, turns to gold. There is no doubt that the price of DOGE largely depends on what Musk writes on HIS Twitter account.
I wonder if he will soon write something about the new meme coin www.pussdao.com  Grin Grin
legendary
Activity: 3122
Merit: 1140
Yes you are right with the decision you made because the more we come here, the more we can see that Elon Musk has made jokes on Twitter.
So if the price of the doge coin pump returns even though it only increases by 50%, then just sell it don't keep it anymore.
Because when the price of Dogecoin bounces it will probably be even cheaper than it is now.
we have seen that this meme coin is always fell like a rock for how many times now since from the start and many people lose confidence in it especially when it comes holding as it so easy to manipulate after the hypes.

So i don't think people will believe that because elon musk bought twitter, this project will keep improving as well and panic selling will not happen anymore. Nope i don't think so, its always too good to be true!
Elon Mask is a very influential person and with the purchase of twitter his projects have got a new way.
That is how luck helps. Dogecoin owners must be very happy. I wish I would have some coins. The market is unpredictable. Hence proved.
Sometimes luck does really contribute out for someone to make out some profits out of these events or sentiments but in overall you cant rely on any news or events which is attached with these influential people in

the market and this is where risk taking would take place or depends into a certain individuals or investor.10% spike wasnt really that bad and its a good call for those who had bought earlier.

We know on how influential Musk is but each tweets and actions arent really getting much attention much nowadays.People are becoming more smarter or we are already get used to it.
hero member
Activity: 1792
Merit: 507
Yes you are right with the decision you made because the more we come here, the more we can see that Elon Musk has made jokes on Twitter.
So if the price of the doge coin pump returns even though it only increases by 50%, then just sell it don't keep it anymore.
Because when the price of Dogecoin bounces it will probably be even cheaper than it is now.
we have seen that this meme coin is always fell like a rock for how many times now since from the start and many people lose confidence in it especially when it comes holding as it so easy to manipulate after the hypes.

So i don't think people will believe that because elon musk bought twitter, this project will keep improving as well and panic selling will not happen anymore. Nope i don't think so, its always too good to be true!
Elon Mask is a very influential person and with the purchase of twitter his projects have got a new way.
That is how luck helps. Dogecoin owners must be very happy. I wish I would have some coins. The market is unpredictable. Hence proved.
full member
Activity: 1064
Merit: 112
Yes you are right with the decision you made because the more we come here, the more we can see that Elon Musk has made jokes on Twitter.
So if the price of the doge coin pump returns even though it only increases by 50%, then just sell it don't keep it anymore.
Because when the price of Dogecoin bounces it will probably be even cheaper than it is now.
we have seen that this meme coin is always fell like a rock for how many times now since from the start and many people lose confidence in it especially when it comes holding as it so easy to manipulate after the hypes.

So i don't think people will believe that because elon musk bought twitter, this project will keep improving as well and panic selling will not happen anymore. Nope i don't think so, its always too good to be true!
full member
Activity: 529
Merit: 101
I think this is a very good opportunity to sell Dogecoin, I've been stuck with this memecoin for a long time, where a few months ago after I bought it the price dropped drastically, and if it's true the price has gone up, then I won't wait for it to go up  higher, and I won't waste time with memecoins, maybe now is the time for Elon to make a joke on his Twitter,,, I suggest you be careful with this increase,,,

Yes you are right with the decision you made because the more we come here, the more we can see that Elon Musk has made jokes on Twitter.
So if the price of the doge coin pump returns even though it only increases by 50%, then just sell it don't keep it anymore.
Because when the price of Dogecoin bounces it will probably be even cheaper than it is now.
hero member
Activity: 1792
Merit: 507
I think this is a very good opportunity to sell Dogecoin, I've been stuck with this memecoin for a long time, where a few months ago after I bought it the price dropped drastically, and if it's true the price has gone up, then I won't wait for it to go up  higher, and I won't waste time with memecoins, maybe now is the time for Elon to make a joke on his Twitter,,, I suggest you be careful with this increase,,,
This is very risky game though!At one place the coin is in trouble and in the next place the coin trends - all the luck game! 
What have you decided then? - did you plan to sell them or are you still keeping it.
full member
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I think this is a very good opportunity to sell Dogecoin, I've been stuck with this memecoin for a long time, where a few months ago after I bought it the price dropped drastically, and if it's true the price has gone up, then I won't wait for it to go up  higher, and I won't waste time with memecoins, maybe now is the time for Elon to make a joke on his Twitter,,, I suggest you be careful with this increase,,,
hero member
Activity: 2534
Merit: 605
This is getting absolutely insane now.

DOGE holders and other memecoin holders worship Elon to notice their projects.. And grasp at every straw as a sign that their chosen crapcoin is going to pump to the moon.

No, Twitter getting acquired has nothing to do with Dogecoin and Doge will never have any sort of real utility. Quit thinking like that. It is not going to work for the long term.
Unfortunately that has been going on for a while now. I do not know why people are like that, but I know that it is not healthy and it should be avoided as much as possible. Reality is that we are talking about something that is a bit worse because it is not really profitable right now, at least back in the day it was sort of profitable to worship him, still a bad idea but some people made some money.

Today it is not even profitable and people are just trying to find a reason to get into something and make money that way. Reality is that we are not going to really find a way to profit based on Elon tweets anymore, and people are just hopeless.
hero member
Activity: 1792
Merit: 507
I saw the news today that Max is already negotiating on Twitter and the price of doge reacted against the background of this event.However, this does not help the current price in any way.Doge fans see things that don't exist and won't happen, and Elon doesn't need doge.

Elon Musk likes to joke. In my opinion, he has not yet said the last word about DOGE. I also think that he will not invest in Dogecoin, because he is definitely interested in more serious projects, but I'm sure that only one tweet is enough and after such a long silence the DOGE price will shoot again x %%%
hero member
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I saw the news today that Musk is already negotiating on Twitter and the price of doge reacted against the background of this event.However, this does not help the current price in any way.Doge fans see things that don't exist and won't happen, and Elon doesn't need doge.
hero member
Activity: 1666
Merit: 753
This is getting absolutely insane now.

DOGE holders and other memecoin holders worship Elon to notice their projects.. And grasp at every straw as a sign that their chosen crapcoin is going to pump to the moon.

No, Twitter getting acquired has nothing to do with Dogecoin and Doge will never have any sort of real utility. Quit thinking like that. It is not going to work for the long term.
legendary
Activity: 3808
Merit: 1723
If you pull up a daily chart you can see that most of his pumps usually get faded, even when he announced that you can buy merch with doge coin.

I don’t think the bottom is in for doge yet. And I do this that 70 cents was indeed the all time high. The amount of miner revenue each day was just not sustainable for doge to go to like $5-10 a doge.

Supply released per day is just way too high.
hero member
Activity: 3066
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These spikes are just temporary and it will be gone even before the day ends. Those scalp traders are the ones who makes the most from it and they're happily going to trade it and sell it eventually if they get 5% or 10% and even more by that time before it starts to drop again.
Well, those who have been holding dogecoin at the top. You're now feeling that there's a need for you to do something before you get more losses. It's either you sell or wait until it goes back to the past ATH which is unlikely.
legendary
Activity: 3794
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I think that o most everysingle thing that Elon Musk does effects the price of Dogecoin,for some reason he helps even the Dogecoin developers make the coin be usefull. It would be good if Twitter allows payments in Doge this would send the price skyhigh really fast and make Dogecoin again trending as it was couple of months ago.
sr. member
Activity: 1045
Merit: 273
@sovie  @wxa7115
I agree with everyone because of what happened. Maybe those of us who joined earlier than the beginners now will have a more proper view of this coin. However, we also see the excitement that Elon Musk creates in the crypto market, I personally see memecoins as no different from how shillers spread MLM products, so it doesn't mean that putting money into this market also brings positive value to all. You can't blame Elon Musk because he brought a meme environment, but you also have to admit the mistake of approaching the market when knowledge as well as money without a good plan will make newcomers more lose.
It is normal for us to feel this way, because we know the past of it and we are aware of the situation. This means that we shouldn't really be looking at something that is this much risky. Because, we have seen these things before, maybe newbies didn't live through these type of risky movements and that is why they have more confidence in it then we do, but at the end of the day we know what these type of investments could bring and that is why we are staying away from it.

Doesn't mean that nobody made any profit, I am sure that doge investors who got in early, and got out when it was around 70 cents did made a lot of money, but that type of risk doesn't really make it worth it to me.
legendary
Activity: 3318
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There is a lot of speculation about this, but I also believe that Elon Musk tweets about Dogecoin were just a joke. Actually, like the whole idea of creating this meme coin.
It is very possible that Elon Musk did not expect that what he was doing could suffer such huge consequences. Now it has turned into some kind of mania and everything Elon Musk is doing is making the Dogecoin price go up.
I agree, he is just a weird dude that likes to be boosted and this is what I have told all the time. Watch doge community starting to hate doge somehow and for some reason, you will see him turn on doge and start to bash it and say shit about it.

The only reason why he promoted it and tweeted about it was the fact that people bought after he tweeted and then loved him for increasing. Check under his tweets, you will see that there are thousands of people who write tweets similar to "I bought xxxx amount doge and now I have nothing left because of you!!" and he ignores all of that. Dude just liked the fact that he was loved and capable of increasing price of something.
full member
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@sovie  @wxa7115
I agree with everyone because of what happened. Maybe those of us who joined earlier than the beginners now will have a more proper view of this coin. However, we also see the excitement that Elon Musk creates in the crypto market, I personally see memecoins as no different from how shillers spread MLM products, so it doesn't mean that putting money into this market also brings positive value to all. You can't blame Elon Musk because he brought a meme environment, but you also have to admit the mistake of approaching the market when knowledge as well as money without a good plan will make newcomers more lose.
hero member
Activity: 2814
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If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.
If I remember correctly, the process of starting to push the price was discontent with traditional financial products related to the SWB incident, and Dogecoin was almost the name of choice for the crazy joke. Prior to that, the $1 target was a look for many hoping Elon Musk could make a difference, since Elon Musk's interest in crypto makes me feel like he's a meme in this space.

There is a lot of speculation about this, but I also believe that Elon Musk tweets about Dogecoin were just a joke. Actually, like the whole idea of creating this meme coin.
It is very possible that Elon Musk did not expect that what he was doing could suffer such huge consequences. Now it has turned into some kind of mania and everything Elon Musk is doing is making the Dogecoin price go up.
At the end even if that was not his intention now almost everything that Musk does is somehow connected to dogecoin in some way or another by the people interested in the coin.

However while at the beginning I failed to see the connection with Musk buying so much Twitter stock and dogecoin the fact that Musk wants to buy all stocks of Twitter for a high price could lead to dogecoin being implemented in the website, which could make it go up in price, however it seems those at the very top do not really want to sell to Musk their stocks and they are taking steps to prevent a hostile takeover of Twitter by him.
sr. member
Activity: 1274
Merit: 265
If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.
If I remember correctly, the process of starting to push the price was discontent with traditional financial products related to the SWB incident, and Dogecoin was almost the name of choice for the crazy joke. Prior to that, the $1 target was a look for many hoping Elon Musk could make a difference, since Elon Musk's interest in crypto makes me feel like he's a meme in this space.

There is a lot of speculation about this, but I also believe that Elon Musk tweets about Dogecoin were just a joke. Actually, like the whole idea of creating this meme coin.
It is very possible that Elon Musk did not expect that what he was doing could suffer such huge consequences. Now it has turned into some kind of mania and everything Elon Musk is doing is making the Dogecoin price go up.
full member
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If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.
If I remember correctly, the process of starting to push the price was discontent with traditional financial products related to the SWB incident, and Dogecoin was almost the name of choice for the crazy joke. Prior to that, the $1 target was a look for many hoping Elon Musk could make a difference, since Elon Musk's interest in crypto makes me feel like he's a meme in this space.
sr. member
Activity: 1274
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Elon is not serious about adopting more doge, if he is serious then the price will continue to be pumped as it should be because he has a lot of money. He only cares about his company and doge is not as important as what he says on twitter he cares so much about doge, when in reality he is someone who also wants to profit from crypto too.

If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.
full member
Activity: 529
Merit: 101
It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.
It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.

Yes I also think that this is not the end of the coin meme story because even though Dogecoin is memecoin it is different from other memecoins.
He rose from a price that was not worth so many years until now he has a price I don't
Think it will be easy to return to the previous price.
hero member
Activity: 2002
Merit: 516
It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.
hero member
Activity: 2156
Merit: 531
Elon is not serious about adopting more doge, if he is serious then the price will continue to be pumped as it should be because he has a lot of money. He only cares about his company and doge is not as important as what he says on twitter he cares so much about doge, when in reality he is someone who also wants to profit from crypto too.
member
Activity: 889
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I wonder how dogecoin reacts after Elon Musk finally acceps that doge is a pow coin and has to denounce it as he denounced bitcoin. Also it doesn't scale as well as he thinks and the rate of issuance is too high to be a store of value.
hero member
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It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.
It is already down again. After the news, price went back to what it was during the march period already and doesn't look like it is any different from the general crypto market levels. Bitcoin is back to what it was and eth is too, and many others are too. Which is a proof that the spike we saw was a temporary one and nothing big.

If you really think that it was something a bit better, then you probably assumed crypto would do better as well. However, it was always clear to me that it wasn't a good thing and would never do well. Elon buying stake in Twitter has absolutely zero to do with doge, anyone who connected the dots, connected the wrong dots together.
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It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.
hero member
Activity: 1680
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I do not understand where these DOGE price movements come from?! After all, the information about Musk's investment in Twitter has nothing to do with cryptocurrencies.
As far as I know, Musk never said he would ever invest in DOGE, so this type of price movement is totally unjustified to me.
full member
Activity: 1330
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C O M B O
It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

Elon still wants entitlement and attention in the crypto world that's why he's still trying to tweet statements just to manipulate the Doge coin. He's hyping the coin for his own benefit and he's been doing it to make more money so we should get rid of his tweets and ignore his statements. We've witnessed what he did to Doge before so we should better take that as a lesson.
this is what I don't like about Elon Musk, I really respect his profile, because he is really someone who works hard,
but it's a shame since he was around and tweeted about Doge and Bitcoin as if the crypto market was in his hands, especially Doge,
do you remember when the price of Doge went up 1000% more that time? yes that's because Elon Musk made the first tweet about DOGE, and the price of Doge flew to the moon
staff
Activity: 2436
Merit: 2347
Nothing special with this news and i think that the pump caused by the bulltrend that was happening with bitcoin. So, after elon was revealing how many doge coin owned by him and this time it gives nothing to the doge coin. This pump is not even happening for long term and a few days later the price dumped back again to the price before it was getting pumped. I think that people are being too optimistic with any news that came from elon while it's not always a big news.
that's why i do like how shiba community is better than doge coin. The doge coin is only using the hype from elon while it has no utility and that's quite different with shiba.

Judging by the dynamics of the community response to tweets of Ilon Musk, people are beginning to gradually realize that all this is the usual market speculation and that the price of DOGE after approving statements of Ilon Musk does not hold at its increased values and begins to fall, and therefore begin to lose money all those who have believed in these speeches of Ilon Musk. The last 2 news well showed the true demand for these coins. The demand is not as high as the hype that Musk is trying to create around this coin and Tesla. In any case, the fate of DOGE is not particularly important to him, the main thing is Tesla and everything associated with it.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Nothing special with this news and i think that the pump caused by the bulltrend that was happening with bitcoin. So, after elon was revealing how many doge coin owned by him and this time it gives nothing to the doge coin. This pump is not even happening for long term and a few days later the price dumped back again to the price before it was getting pumped. I think that people are being too optimistic with any news that came from elon while it's not always a big news.
that's why i do like how shiba community is better than doge coin. The doge coin is only using the hype from elon while it has no utility and that's quite different with shiba.
full member
Activity: 1708
Merit: 126
It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

Elon still wants entitlement and attention in the crypto world that's why he's still trying to tweet statements just to manipulate the Doge coin. He's hyping the coin for his own benefit and he's been doing it to make more money so we should get rid of his tweets and ignore his statements. We've witnessed what he did to Doge before so we should better take that as a lesson.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.
sr. member
Activity: 2016
Merit: 283
but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.
i wouldn't be surprised why its happening right now after all, since that meme coins is for hype only ever since before.
and to be honest it's too hard to believe that elon musk will have an interest to bump such projects for long time because it's very obvious that his goal is to get benefits always from the hype which is not for his followers to become profitable. So it will not last long for sure!
hero member
Activity: 2534
Merit: 605
I don't think there is any connection to this.  In fact, the market is almost going through the optimistic phase, it is almost in the holding, consolidating and starting phase of the next trend… Therefore I don't think this will have any impact, not at all is with the price factors of the coin meme - Doge.  Assuming Doge will be integrated and become parallel wings with bitcoin on twitter, that is not a consistency from value
I was going to say the same thing. How is this connected to doge? It was twitter that musk invested not doge coin. Market is ready for a bull run, that's only the reason why we see most coins rise but earlier the market is going back down again.

I don't know what causes it when in fact there are more good news in bitcoin and in cryptos that we heard lately. The price should go up even more for Christ sake but oh well, maybe the effects is just delayed? Maybe we need a few more days or week before the effect starts to kick in. In the meantime, it's still safe to accumulate more coins in preparation for the upcoming big bull run.
hero member
Activity: 2632
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DGbet.fun - Crypto Sportsbook
I think this is another toy for Ilan, I wouldn't take this news seriously, besides, I don't think that doge will grow now just because of this purchase.Doge developers should be engaged in marketing so that there would be a growth of this coin, Elon will not do it all the time.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
I don't think there is any connection to this.  In fact, the market is almost going through the optimistic phase, it is almost in the holding, consolidating and starting phase of the next trend… Therefore I don't think this will have any impact, not at all is with the price factors of the coin meme - Doge.  Assuming Doge will be integrated and become parallel wings with bitcoin on twitter, that is not a consistency from value
sr. member
Activity: 1313
Merit: 302
The dogecoi developers should look into the marketing strategy.Mainly they need to done a digital marketing by the mean of all the social media.Because now people buying crypto by seeing the posts on Facebook,Twitter,Discord.The maximum pump in the doge coin was occurred in the year of Elon musk had marketing this.Don’t know,he is share holder of that project.
full member
Activity: 1303
Merit: 128
It is simply not realistic, pro users know the speculation is at its finest levels on social media. Elon Musk keeps pumping the altcoin bags with meme coins just for fun and we have no power to influence his decisions in this manner. The influencers should stop shilling the meme altcoins with HYPE news and it is simply not possible to 100% integrate meme shitcoins for everyday use as it was promoted on social media.
If there’s a money, influencers will always choose that even if they didn’t know the whole project itself. We all know meme tokens has no real usage here in the market and yet they get pumped simply because of the hype. 10% up is not that significant, don’t make a big deal so you wont trap on the peak price again.
hero member
Activity: 2744
Merit: 588
It is simply not realistic, pro users know the speculation is at its finest levels on social media. Elon Musk keeps pumping the altcoin bags with meme coins just for fun and we have no power to influence his decisions in this manner. The influencers should stop shilling the meme altcoins with HYPE news and it is simply not possible to 100% integrate meme shitcoins for everyday use as it was promoted on social media.

It is now on the users' hands how they will take such hype or pump from influential people like Musk.
They should know better touching meme coins or tokens by now.
As we don't know the ulterior motive of Musk towards doge or other coins, people are being left with opinions only.
If you want more tangible action, better look for projects with concrete use case and development plans.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.
I don't think you are being fair to Elon Musk here, he is just a nice guy buying shares in a social media company that he felt needed a change of course but some crypto enthusiast, in this case Dogecoin lovers, decided to pump their coin to celebrate the news and maybe attract new investors in the process.

First time i heard Elon Musk bought 9% stakes/shares in Twitter then heard now he is a board director but It's ridiculous, how they celebrate where there are no connection with Twitter and Dogecoin. And i'm surprised after i have seen doge coin price in CMC gradually it’s increasing but i think price will be down at any time so new investors can buy at own risk.  
full member
Activity: 2548
Merit: 217
i thought this will continue to progress again as i leave half of my doge in wallet and did not converted in to fiat event here are already ATH last year.

https://coinmarketcap.com/currencies/dogecoin/

considering that it is still 12% growing for the last 7 days? yet this is not enough  for my desire because there is much i can get selling last year compared to the price now.

sr. member
Activity: 2506
Merit: 368
It's obvious that entities behind are again riding on the popularity of Elon and even if it is not related to crypto, his so called called Dogecoin spikes and still continue to pump right now. But then again, we already know that this is just an artificial pump and when the time comes, we might see herds of selling again to take profits from this news.
How long will these people keep believing on him about something like this? I guess they never learn that all of this is just about the profile and nothing else. Look how the market reacted after some pump then dump back again. These people never learn anything about market price manipulation they just continue to follow and reinvesting yet they don't know the risk that one day all of their investment gone for good.
hero member
Activity: 2632
Merit: 833
It's obvious that entities behind are again riding on the popularity of Elon and even if it is not related to crypto, his so called called Dogecoin spikes and still continue to pump right now. But then again, we already know that this is just an artificial pump and when the time comes, we might see herds of selling again to take profits from this news.
hero member
Activity: 3150
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DGbet.fun - Crypto Sportsbook
So what's the correlation between elon was holding some twitter shares to the pump that happened with the doge coin? i see that no correlation in this case. In fact that the shares owned by elon in the twitter company didn't even give any impact to the doge coin or shiba inu. The pump was triggered by the bitcoin pump last weeks but this time it's dumped again and doge coin too.
I see that if this news was just another click bait news with no good information that can be got through reading the whole of article.
Why the doge coin community is always taking everything to be correlated with its coin. This is weird.
Me too.

I don't see the connection on it and the pump wasn't that much and it begins to drop again. I guess the only connection that people can do is about this.

Doge - Elon

Twitter - Elon

Other than that, it's all about Elon and the things that he touches and talks about. A mere coincidence that the pump has happened done by big traders for Dogecoin.
hero member
Activity: 1974
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Free Crypto Faucet in Trustdice
Dogecoin’s DOGE tokens spiked 10% on Monday as Tesla (TSLA) CEO Elon Musk was revealed to hold a 9.2% stake in social media company Twitter(TWTR), worth around $2.88 billion.

Doge is coin or token? before saying anything about Doge you should also know the difference between Coins and Tokens themselves. Regardless of the upgrade, I think the holder is still expecting an increase of over 1000x when the bull happens and goes to the top of the queue thinking they want to hit $1 and must have asked Elon to pump. Grin
legendary
Activity: 3038
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Leading Crypto Sports Betting & Casino Platform
So what's the correlation between elon was holding some twitter shares to the pump that happened with the doge coin? i see that no correlation in this case. In fact that the shares owned by elon in the twitter company didn't even give any impact to the doge coin or shiba inu. The pump was triggered by the bitcoin pump last weeks but this time it's dumped again and doge coin too.
I see that if this news was just another click bait news with no good information that can be got through reading the whole of article.
Why the doge coin community is always taking everything to be correlated with its coin. This is weird.
staff
Activity: 2436
Merit: 2347
Dogecoin’s DOGE tokens spiked 10% on Monday as Tesla (TSLA) CEO Elon Musk was revealed to hold a 9.2% stake in social media company Twitter(TWTR), worth around $2.88 billion.

The old scheme of DOGE pumping on news involving Ilon Musk continues to work. Apparently people have not learned their lesson well and it is not worth believing at all that Ilon Musk is doing something good for the Dogecoin community. Rather, he is using it for his own personal purposes to promote his products and make his own profit out of it all.


Musk has previously lent support to dogecoin development and adoption. Last May, he tweeted that he was working with dogecoin developers to improve system efficiency. That sent dogecoin prices up by 22%.

Yeah, and then he said on a TV show that DOGE should be exchanged for fiat money, because DOGE itself isn't serious and stuff like that. After that, the price slowly dropped from 40 cents to 10-13 cents. This is how Elon Musk speculates on this topic.
legendary
Activity: 3094
Merit: 1127
but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.
We know that Elon Musk likes to manipulate the market and he is specially focused on dogecoin, however I do not think this was an attempt by Elon Musk to do this, after all what relationship Twitter and dogecoin have right now? None, also it seems Elon Musk just did this to diversify his portfolio, which means this was a pump caused by people simply reading too much into his actions, which is why the price went down as quickly as it went up as there is nothing that could sustain that growth, as there should not have been any relationship between Elon Musk buying Twitter stocks and dogecoin going up in price.
Simply, people doesnt really like to miss out these kind of opportunities considering that Elon had made out some significant influence on its marketprice back in the past then it would really be normal
for people to have that kind of reaction whenever he do tends to make out some actions in regarding with his investment specially on Dogecoin.Well, you cant really stop people on not to mind on that
way and its true that not all possible movements made does have that kind of manipulative intent.We dont know if its just a simple buy up to diversify investment which same as you said.
hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.
We know that Elon Musk likes to manipulate the market and he is specially focused on dogecoin, however I do not think this was an attempt by Elon Musk to do this, after all what relationship Twitter and dogecoin have right now? None, also it seems Elon Musk just did this to diversify his portfolio, which means this was a pump caused by people simply reading too much into his actions, which is why the price went down as quickly as it went up as there is nothing that could sustain that growth, as there should not have been any relationship between Elon Musk buying Twitter stocks and dogecoin going up in price.
hero member
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The bigger news is that he's now part of the board of directors after his stake from Twitter. Well, he's spreading his wealth and he's really into tech. I think there's this relation of freedom of speech on this one since there have been issues about it lately.
I think the pump that has been done on doge is pretty normal when there's a news about Elon.
jr. member
Activity: 560
Merit: 1
Elon Musk has really stepped forward to carry out his ambition introducing crypto to the world, 9.2% twitter shares wich he bought is a big step. as we know, twitter is one of the most widely accessed social media for crypto information. This news certainly triggers an increase in the price of Doge which we know is very close to Elon. Let's wait for what breakthrough Elon will do after becoming one of the largest twitter shareholders. hopefully it will be a positive thing for the future of cryptocurrency
hero member
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What is the connection though? I mean I get that Elon is a crypto enthusiast and I get that twitter is a place where most of the crypto talks happen and you can learn all the latest news there, so there is a connection like that. But, what is the doge connection? Why would Elon buying twitter shares would increase the price of doge? People are really investing their money into the most stupidest things ever and then cry about how they lost a lot of money.

I do not think that it means something, it shouldn't really mean something like this at all. Doge price should have been moving according to what the market is moving and that is it, nothing more.

They were saying that if elon sneezes, the cryptocommunity is also affected. So whatever he does, it affects the currencies he supported.  Grin

The question the media is actually throwing about this Twitter investment he did and because he is now part of the board, he can restore the democracy in twitter which there might be no censorship and Trump could come back. This Elon move could be related to politics.
member
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We All Can Make It
but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.
I don't think you are being fair to Elon Musk here, he is just a nice guy buying shares in a social media company that he felt needed a change of course but some crypto enthusiast, in this case Dogecoin lovers, decided to pump their coin to celebrate the news and maybe attract new investors in the process.

How is any of this Elon's fault, every crypto investor should learn to take responsibility and not look for scapegoats.
legendary
Activity: 3654
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www.Crypto.Games: Multiple coins, multiple games
What is the connection though? I mean I get that Elon is a crypto enthusiast and I get that twitter is a place where most of the crypto talks happen and you can learn all the latest news there, so there is a connection like that. But, what is the doge connection? Why would Elon buying twitter shares would increase the price of doge? People are really investing their money into the most stupidest things ever and then cry about how they lost a lot of money.

I do not think that it means something, it shouldn't really mean something like this at all. Doge price should have been moving according to what the market is moving and that is it, nothing more.
sr. member
Activity: 1246
Merit: 250
Ironically, seeing how its price is increasing, the dependence between Doge Coin and Elon Musk is growing. Recently, there has been no news that is more convincing than Elon's tweets. Anyway, there are still a lot of people hoping for it day by day, but in essence, the coin meme and the FOMO hype make it an attractive name in a portfolio.
The hype and Fomo are only temporary and can't always happen as expected, so it's only natural that Elon Musk's tweets haven't changed much to Dogecoin or other memecoins.
The most important thing is to always take advantage of the early moment if you want to get profit through any memecoin before the hype period is over.
sr. member
Activity: 1316
Merit: 254
Sugars.zone | DatingFi - Earn for Posting
Ironically, seeing how its price is increasing, the dependence between Doge Coin and Elon Musk is growing. Recently, there has been no news that is more convincing than Elon's tweets. Anyway, there are still a lot of people hoping for it day by day, but in essence, the coin meme and the FOMO hype make it an attractive name in a portfolio.
full member
Activity: 2520
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Eloncoin.org - Mars, here we come!
but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.
hero member
Activity: 1120
Merit: 554
🇵🇭
DOGE has unlimited supply. DOGE holder shouldn't be delusional that the price will skyrocket again just like what it did during its first bull run when Elon Musk first announcement for his involvement to the project. This highly volatile worthless token make a lot of small traders wrekt and it reflects to the general of crypto. People should stop buying this shit that didn't promised anything besides fake moon and temporary pump.

Elon effectiveness on DOGE price is finally weaken which is a good sign that people already wake up.
hero member
Activity: 1974
Merit: 856
How realistic is it that Twitter really adopts Doge or SHIB for micro payments on Twitter? Wouldn't it be a better business decision if they firstly do their own "Twitter-Coin" and later also include popular tokens?
Also wouldn't be the Doge transaction fee to high for actual micropayments? There are probably better means to send transaction of small amounts of money
newbie
Activity: 27
Merit: 2
Dogecoin’s DOGE tokens spiked 10% on Monday as Tesla (TSLA) CEO Elon Musk was revealed to hold a 9.2% stake in social media company Twitter(TWTR), worth around $2.88 billion.

Data shows that DOGE jumped from $0.143 to over $The bump had a correlated effect on some other meme coins. Shiba Inu’s SHIB jumped 5% alongside the move in DOGE.

Musk holds more than 73.5 million Twitter shares, valued at over $2.89 billion at current prices as reported.

Musk is one of the most famous backers of cryptocurrencies. His electric car company Tesla reportedly held over $2 billion worth of bitcoin at the end of 2021. Tesla additionally started accepting bitcoin for its cars in 2021 but later ended the project, citing climatic concerns.

Tesla also accepts DOGE payments on its online merchandise store. The news had previously sent prices of DOGE flying 11% in January.

Musk has previously lent support to dogecoin development and adoption. Last May, he tweeted that he was working with dogecoin developers to improve system efficiency. That sent dogecoin prices up by 22%.

Then in June, he tweeted it was “important to support” a proposal that sought to reduce dogecoin fees – one that would make dogecoin more competitive compared to other cryptocurrencies.several minutes after the reports of Musk’s stake came out at 10:30 UTC. At the time of writing, prices fell slightly to $0.154.

Source:https://www.coinshots.com/news/dogecoin-spikes-10-after-news-of-musks-3b-stake-in-twitter
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