Elon Musk supports doge | Bitcointalksearch.org

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Quote from: ? on October 28, 2024, 11:55:24 AM

In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin
Well in my opinion I'm happy he did this because this will not only increase the awareness of doge coin to the public but will also increase the trust people have for the cryptocurrency
Hopefully this will be enough to show people that doge coin has never been a shit coin

https://x.com/elonmusk/status/1850718973564006767?t=3AZXJZATpJMud32ZCCltxA&s=19

Doge has been the number meme coin in the market and currently the market value keeps increasing everyday. I hope to make a fortune from my holding even though some analysts keep going for alternative coin because they believe the market is high and might not move well compared to the meme coins in the market that has low market cap. This is going to be huge and I hope to see better price movements by the time the price of Bitcoin hit 100k and exceed it. Whether we are fans of meme coin or not, we need to invest in good token so that we can make money from the crypto market.

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Quote from: ? on November 13, 2024, 05:27:06 PM

So Elon (and Vivek) are chosen by Trump to become the head of the 'Department Of Government Efficiency'.....D.O.G.E..!!

Just too bizarre to contemplate.

.

Yes. It is weird. I assume a whole new government agency will be created under that same name? I wonder if Elon will come up with the idea of paying federal employees in Dogecoin? If approved, it would boost DOGE's market prices all the way to Mars. A valuation of $1 won't be enough for the "meme" coin. The excitement won't last for long, though. Especially if Republicans lose the 2028 election (I hope not).

Without Elon on-board, Dogecoin's market prices will go back to the way they were. For those who held DOGE before the "pump", I'd like to say congratulations. An increase of 120% in Dogecoin's value within a week is insane, imho. You could've made a lot of money riding the hype. I'd bet Elon has made more money than ever. Who knows what will he do next? Cheesy

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Quote from: ? on November 13, 2024, 05:27:06 PM

So Elon (and Vivek) are chosen by Trump to become the head of the 'Department Of Government Efficiency'.....D.O.G.E..!!

Just too bizarre to contemplate.

.

yeah the support can't be more obvious than this Grin

. thats it guys, elon definitely supports DOGE.

Quote from: mich on November 12, 2024, 02:46:44 AM

Well if you are a person that hodl Doge coin right now you are making so very big profits. It is up 140 percent in only last 7 days. I do not think we seen profit like that before for this meme coin.

There is a analyst that is very 'bullish' with his thought on the price of it. It is a historical pattern that can make Doge coin go to $23. I do think it is too 'bullish' to think that but we are seeing big gains and do not know if that will end.

https://www.tradingview.com/news/newsbtc:d70aec65b094b:0-dogecoin-to-as-high-as-23-this-pattern-could-hint-so/

the presence of D.O.G.E might really be the catalyst that causes such thing to happen, but honestly, it's always fascinating seeing a coin that's already valued so high, still go up so high anyway.
crazy time we live in.
but that's just how it is, money escapes gold and goes to meme coin.

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Quote from: Abiky on November 13, 2024, 12:00:14 PM

Impressive, isn't it? Dogecoin rose much faster than Bitcoin itself. The 120% rate increase within a week is insane. Can't believe how one man (Elon Musk) has huge influence on a crypto coin's price. At this pace, DOGE will reach $1 in no time. I regret not having bought Dogecoin before the big "pump". Now I'm missing out all of the fun. Hoping there's another bear market to grab more coins at a discount.

What troubles me is Elon Musk's unwillingness to keep up his promises. He did say he wanted to integrate Dogecoin for payments on X (formerly known as Twitter). But it's the day where such promises haven't materialized yet. I think Elon Musk is playing with investors' minds. Once he gets what he wants (turn a huge profit), he will abandon the coin in search of the next big thing. That's the way it works.

Why would anyone think Elon Musk will take Dogecoin seriously? It's a "meme" coin after all. At least, he has great plans to revitalize the American economy. Elon Musk alongside Trump and Vance make a pretty good team. Who knows what will happen in the future? Cheesy

It is difficult to predict what will happen in this meme, although they shape and strengthen the economy that occurs, Elon Musk's statement can affect the movement of meme coins and so Dogecoin has increased, with its many followers it can be utilized, it is not the right thing in terms of investing, there is a need to think in that direction.

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So Elon (and Vivek) are chosen by Trump to become the head of the 'Department Of Government Efficiency'.....D.O.G.E..!!

Just too bizarre to contemplate.

.

Abiky

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Quote from: mich on November 12, 2024, 02:46:44 AM

Well if you are a person that hodl Doge coin right now you are making so very big profits. It is up 140 percent in only last 7 days. I do not think we seen profit like that before for this meme coin.

There is a analyst that is very 'bullish' with his thought on the price of it. It is a historical pattern that can make Doge coin go to $23. I do think it is too 'bullish' to think that but we are seeing big gains and do not know if that will end.

https://www.tradingview.com/news/newsbtc:d70aec65b094b:0-dogecoin-to-as-high-as-23-this-pattern-could-hint-so/

Impressive, isn't it? Dogecoin rose much faster than Bitcoin itself. The 120% rate increase within a week is insane. Can't believe how one man (Elon Musk) has huge influence on a crypto coin's price. At this pace, DOGE will reach $1 in no time. I regret not having bought Dogecoin before the big "pump". Now I'm missing out all of the fun. Hoping there's another bear market to grab more coins at a discount.

What troubles me is Elon Musk's unwillingness to keep up his promises. He did say he wanted to integrate Dogecoin for payments on X (formerly known as Twitter). But it's the day where such promises haven't materialized yet. I think Elon Musk is playing with investors' minds. Once he gets what he wants (turn a huge profit), he will abandon the coin in search of the next big thing. That's the way it works.

Why would anyone think Elon Musk will take Dogecoin seriously? It's a "meme" coin after all. At least, he has great plans to revitalize the American economy. Elon Musk alongside Trump and Vance make a pretty good team. Who knows what will happen in the future? Cheesy

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Quote from: ? on October 28, 2024, 11:55:24 AM

In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin
Well in my opinion I'm happy he did this because this will not only increase the awareness of doge coin to the public but will also increase the trust people have for the cryptocurrency
Hopefully this will be enough to show people that doge coin has never been a shit coin

No wonder Dogecoin had started increasing in value silently even before other coins joined due to the US election, all these rich guys can't be trusted. They must have analysed and known the possibility of the US election pumping their preferred coins and they could have silently started buying for people not suspect they were doing it. He might have resumed in this bull run season to attract more gain to his preferred coin, but to what end? Let's beware of this guy, he has proven to be unreliable as far as cryptocurrency is concerned and I don't think the market will honour him as much as before.

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Well if you are a person that hodl Doge coin right now you are making so very big profits. It is up 140 percent in only last 7 days. I do not think we seen profit like that before for this meme coin.

There is a analyst that is very 'bullish' with his thought on the price of it. It is a historical pattern that can make Doge coin go to $23. I do think it is too 'bullish' to think that but we are seeing big gains and do not know if that will end.

https://www.tradingview.com/news/newsbtc:d70aec65b094b:0-dogecoin-to-as-high-as-23-this-pattern-could-hint-so/

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Quote from: TastyChillySauce00 on November 09, 2024, 10:11:37 PM

I'd prefer investing in dogecoin any day than investing in coin funded by big investors, because I know the big investors don't own the big chunk of it and so far doge coin among the one coin that's so decentralized in term of holder.
despite labeled as meme coin, it still has its function, though I can understand some people might just downplay it just because it's a meme coin.

but tbh, I don't think musk getting tired of it, the guy just constantly posting meme about doge / shiba inu in his X account, he literally keeps shilling for it.

Are we looking at the same coin? Biggest wallet owns 20% of the supply. It has always had portitionally insanely large top few holders compared to other altcoins.

Even Elon himself was worried about that years ago and called top holders to sell their coins. It's not gotten any better, wallets have just changed, which make some people believe that Elon hodls top wallets. And even though some might think it's a good thing, i would say it's a time-bomb if people start trusting the value keeping up.

Because while he might have immunity against some legal troubles few years, that protection will eventually end and he might need to liquidate it just to cover legal fees. Because it's not like he rather sells something else for it.

Also doge doesn't have any other function that other coins wouldn't have by default.

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Quote from: khiholangkang on November 10, 2024, 11:22:10 AM

Unfortunately I did not buy more when the price was below $ 0.12, if I bought a lot at that time, maybe I had received 100% more profit today because the price of Dogecoin had touched $ 0.24, unfortunately indeed in my meme coin was not too celebrated and brave to save a large amount of my money.

Now the cryptocurrency market is going to grow, it seems to me it's not too late to buy a little dogecoin. And Elon Musk both supported them and continues to support them, and after Trump's victory, he became especially popular.

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Quote from: Wonder Work on November 10, 2024, 10:39:53 AM

Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Maybe we are not talking about Bitcoin, but because Trump wins and Elon Musk supports Trump to make this related because Trump promises to make convenience for the development of crypto currency, I think so, it should indeed be that the promise must be carried out by Trump if it will not trigger anger The community, if the VCs donated their money to Trump's campaign funds yesterday.

When Trump was elected before the last election, he talked a lot about the crypto market but we didn't see any such action. Now he promises to do something good. But hopefully this time he might do something good with it and we'll wait and see what he does.

We expect him to be friends, but it seems we have to wait first, and they will also not be in a hurry in their new situation, there are some things that need to be considered first before making a decision even though he has said very clearly it will support.

Quote from: Wonder Work on November 10, 2024, 10:39:53 AM

Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Doge coins are the main attraction in the market because of Elonmusk's attachment which in the last two days has experienced a very massive increase for Dogecoin, I hope that in the future it will always be good and Bitcoi can continue to grow slowly up to $ 100K this year.

I can see the progress of bitcoin to touch 100k$ very soon. As the price of Bitcoin rises, the price of Elon Musk's Doge Coin is increasing. If the price of BTC continues to advance like this, the price of Elon musk's Doge Coin will reach a much better position.

Unfortunately I did not buy more when the price was below $ 0.12, if I bought a lot at that time, maybe I had received 100% more profit today because the price of Dogecoin had touched $ 0.24, unfortunately indeed in my meme coin was not too celebrated and brave to save a large amount of my money.

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Quote from: TastyChillySauce00 on November 09, 2024, 10:11:37 PM

Quote from: moneystery on November 01, 2024, 11:56:04 AM

why are you happy with a super rich person playing with shitcoin? dogecoin basically has no basis whatsoever to be a coin like bitcoin, ethereum, or any other coin. it is based on speculation and pumping, and no matter how someone polishes it, it is basically a shitcoin, period. anyone who invests in it should prepare themselves for deep losses considering that the doge market can change at any time and it does not have good economics like most popular altcoins.

and again, musk seems to be not so interested in doge anymore. i think he is getting tired of playing games like that. and that means you know what the future holds for doge.

I'd prefer investing in dogecoin any day than investing in coin funded by big investors, because I know the big investors don't own the big chunk of it and so far doge coin among the one coin that's so decentralized in term of holder.
despite labeled as meme coin, it still has its function, though I can understand some people might just downplay it just because it's a meme coin.

but tbh, I don't think musk getting tired of it, the guy just constantly posting meme about doge / shiba inu in his X account, he literally keeps shilling for it.

I agree with you that investing in dogecoin is even safer and better than many altcoins that are being funded by VCs. But I disagree that Doge is not held by big investors, I believe there are many big investors holding it and Musk can be considered one of the biggest investors in Doge.

Also, don't pay too much attention to what others say because in investing, profit is the proof, the best answer. Many people say that you should not invest in memes but only invest in top altcoins but look at the results they achieved, did they really get better returns than those who invested in memes?
To me, people who make such statements are simply expressing jealousy, nothing more, nothing less. In investing, we should only talk about results.

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Quote from: Wonder Work on November 10, 2024, 10:39:53 AM

I can see the progress of bitcoin to touch 100k$ very soon. As the price of Bitcoin rises, the price of Elon Musk's Doge Coin is increasing. If the price of BTC continues to advance like this, the price of Elon musk's Doge Coin will reach a much better position.

You are correct. Doge Coin's rising price trend can be seen as an opportunity for smaller investors. It can be expected that the Doge Coin price may continue to increase with the increase in the value of Bitcoin. But in the case of investment, you should take investment decisions carefully so as not to make wrong decisions due to over-emotion

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Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Maybe we are not talking about Bitcoin, but because Trump wins and Elon Musk supports Trump to make this related because Trump promises to make convenience for the development of crypto currency, I think so, it should indeed be that the promise must be carried out by Trump if it will not trigger anger The community, if the VCs donated their money to Trump's campaign funds yesterday.

When Trump was elected before the last election, he talked a lot about the crypto market but we didn't see any such action. Now he promises to do something good. But hopefully this time he might do something good with it and we'll wait and see what he does.

Quote from: khiholangkang on November 10, 2024, 09:58:38 AM

Doge coins are the main attraction in the market because of Elonmusk's attachment which in the last two days has experienced a very massive increase for Dogecoin, I hope that in the future it will always be good and Bitcoi can continue to grow slowly up to $ 100K this year.

I can see the progress of bitcoin to touch 100k$ very soon. As the price of Bitcoin rises, the price of Elon Musk's Doge Coin is increasing. If the price of BTC continues to advance like this, the price of Elon musk's Doge Coin will reach a much better position.

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Quote from: Wonder Work on November 09, 2024, 11:04:25 PM

Quote from: khiholangkang on November 09, 2024, 04:49:16 AM

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

Cryptocurrency markets moved a bit after Trump's victory, which is definitely a good reason, but I think if Kamala Harris had won instead of Trump, there would have been a bit of an update in the cryptocurrency market. Trump talked a lot about BTC before the election and expressed his hope to do something good with it but I don't know what to do, let's see what he does.

But I think this time will be good because this time will be the last time that Trump won't run for president so hopefully he will be good for the crypto market. Something will be done by which the next generation will move forward gracefully. It would be an interesting subject if he gracefully tries to advance this artist's freedom and openly support it better.

Maybe we are not talking about Bitcoin, but because Trump wins and Elon Musk supports Trump to make this related because Trump promises to make convenience for the development of crypto currency, I think so, it should indeed be that the promise must be carried out by Trump if it will not trigger anger The community, if the VCs donated their money to Trump's campaign funds yesterday.

Doge coins are the main attraction in the market because of Elonmusk's attachment which in the last two days has experienced a very massive increase for Dogecoin, I hope that in the future it will always be good and Bitcoi can continue to grow slowly up to $ 100K this year.

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Quote from: khiholangkang on November 09, 2024, 04:49:16 AM

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

Cryptocurrency markets moved a bit after Trump's victory, which is definitely a good reason, but I think if Kamala Harris had won instead of Trump, there would have been a bit of an update in the cryptocurrency market. Trump talked a lot about BTC before the election and expressed his hope to do something good with it but I don't know what to do, let's see what he does.

But I think this time will be good because this time will be the last time that Trump won't run for president so hopefully he will be good for the crypto market. Something will be done by which the next generation will move forward gracefully. It would be an interesting subject if he gracefully tries to advance this artist's freedom and openly support it better.

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Quote from: moneystery on November 01, 2024, 11:56:04 AM

why are you happy with a super rich person playing with shitcoin? dogecoin basically has no basis whatsoever to be a coin like bitcoin, ethereum, or any other coin. it is based on speculation and pumping, and no matter how someone polishes it, it is basically a shitcoin, period. anyone who invests in it should prepare themselves for deep losses considering that the doge market can change at any time and it does not have good economics like most popular altcoins.

and again, musk seems to be not so interested in doge anymore. i think he is getting tired of playing games like that. and that means you know what the future holds for doge.

I'd prefer investing in dogecoin any day than investing in coin funded by big investors, because I know the big investors don't own the big chunk of it and so far doge coin among the one coin that's so decentralized in term of holder.
despite labeled as meme coin, it still has its function, though I can understand some people might just downplay it just because it's a meme coin.

but tbh, I don't think musk getting tired of it, the guy just constantly posting meme about doge / shiba inu in his X account, he literally keeps shilling for it.

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Quote from: khiholangkang on November 09, 2024, 04:49:16 AM

it's no secret that elon supports doge, a few years ago elon was very vocal in supporting dogecoin but because there was a ban on him always discussing doge on social media and was threatened with sanctions, therefore he no longer mentioned it directly, especially on his social media.

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

He doesn't even need to mention it

After endorsing Trump in July, Musk quickly embraced the idea of helming a “Department of Government Efficiency” (D.O.G.E.) aiming to cut $2 trillion or more from the federal budget, while Trump has touted Musk as the so-called “Secretary of Cost-Cutting.”

https://www.forbes.com/sites/dereksaul/2024/11/06/heres-what-elon-musk-may-do-in-a-trump-administration/

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it's no secret that elon supports doge, a few years ago elon was very vocal in supporting dogecoin but because there was a ban on him always discussing doge on social media and was threatened with sanctions, therefore he no longer mentioned it directly, especially on his social media.

However, it seems like it will be an interesting thing again in the future after trump wins and the possibility of regulations changing back in the future to better support freedom and openness to the bitcoin or cryptocurrency industry.

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Quote from: Abiky on November 09, 2024, 02:40:39 AM

Things will change quite a bit, now that Trump was elected president again. Donald Trump often hinted he will nominate Elon Musk for a government position. Musk used to say he will establish a D.O.G.E. (Department of Government Efficiency). This is an indirect reference to the beloved "meme" coin. I'm sure market prices for Dogecoin will skyrocket during Trump's second term. At least, within the first year.

Anyhow, Elon Musk is only into DOGE to make a lot of money. It's very inexpensive. Therefore, easier to manipulate. Once he gets tired of it, he will move on to the next big thing. That will leave DOGE alone, dusting in the corner. It's the same fate that awaits other "meme" coins. They're speculative by nature.

Always remember utility is greater than hype. We should focus more on useful coins such as Bitcoin, Ethereum, and Litecoin to build true wealth in the long term. As for Elon Musk, I wish him the best of luck on all of his future endeavors. With or without him, crypto will carry on as usual. That's the way decentralization works.

Cryptocurrencies have already skyrocketed in price as many hope that Trump will support cryptocurrencies in the future. And the Musk continues to actively support dogecoin. So I think dogecoin will rise in price even more than bitcoin, as these coins often rise higher than bitcoin, especially against the background of their popularity and hype.

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Quote from: TastyChillySauce00 on October 31, 2024, 09:08:19 PM

Right now elon also shilling DOGE non stop but it just that people don't snipe on his tweet that much anymore, it seems like Elon also just want to cater on his fans who initially supported him because of doge coin.

IMO, moving forward, I don't think elon's influence will mean that much, the only thing that can help DOGE to go up again is the hype from retailers and also the altcoin season narrative once it kicked up.
DOGE is the biggest meme coin by market cap so it is to be expected that the rally can be pretty slow.

honestly it'd be great if even DOGE can also got approved of ETF Grin

although it's unlikely.

Things will change quite a bit, now that Trump was elected president again. Donald Trump often hinted he will nominate Elon Musk for a government position. Musk used to say he will establish a D.O.G.E. (Department of Government Efficiency). This is an indirect reference to the beloved "meme" coin. I'm sure market prices for Dogecoin will skyrocket during Trump's second term. At least, within the first year.

Anyhow, Elon Musk is only into DOGE to make a lot of money. It's very inexpensive. Therefore, easier to manipulate. Once he gets tired of it, he will move on to the next big thing. That will leave DOGE alone, dusting in the corner. It's the same fate that awaits other "meme" coins. They're speculative by nature.

Always remember utility is greater than hype. We should focus more on useful coins such as Bitcoin, Ethereum, and Litecoin to build true wealth in the long term. As for Elon Musk, I wish him the best of luck on all of his future endeavors. With or without him, crypto will carry on as usual. That's the way decentralization works.

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Well it did happen and I said it was going to be like this. Doge coin is now up more then 12 percent just in this week. It was up more then this just since Elon Musk is very supportive of it.
And the meme coin is up more then 50 percent just since the middle of October. We still do have alot of ways to go before we see all time high of .74 but I do think that will happen just cause of Elon Musk.
https://www.fxstreet.com/cryptocurrencies/news/dogecoin-price-prediction-doge-could-hit-a-new-yearly-high-after-50-rally-in-twenty-days-202411060015

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Elon Musk doge coins I see many people think this way sometimes & think it's normal to think this way. Because Elon Musk is the only one behind Dogecoin. Sometimes I see such confidence that many people seem to have more confidence in Dogecoin as the permanent coin of Bitcoin. When it was officially announced by Elon Musk through X, more confidence was born.

When Dogecoin started to rise all the traders thought that Elon Musk was behind the rise of this coin which is why Dogecoin became so popular. From that place it has become such a situation that when everyone hears about Dogecoin, everyone thinks that Elon Musk might have made an announcement about it, so it has become so typical.

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Such scenes that happen in dogecoin are not new when someone posts something like that, so the solid supporters of dogecoin are always waiting for it on the X platform because they expect Elon musk to post regarding that matter.

then if you are a doge believer you will just save as much as you can until there is no rally in meme coins or altcoins in the field of crypto space.
This was the common things happens most of the time actually.

moneystery

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why are you happy with a super rich person playing with shitcoin? dogecoin basically has no basis whatsoever to be a coin like bitcoin, ethereum, or any other coin. it is based on speculation and pumping, and no matter how someone polishes it, it is basically a shitcoin, period. anyone who invests in it should prepare themselves for deep losses considering that the doge market can change at any time and it does not have good economics like most popular altcoins.

and again, musk seems to be not so interested in doge anymore. i think he is getting tired of playing games like that. and that means you know what the future holds for doge.

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Quote from: Kelward on October 30, 2024, 05:33:06 AM

Elon Musk, and doge coin are synonymous, it's nothing new, the world's richest man has been shilling the memecoin for as far back as I can remember. I still consider dogecoin a top altcoin, and I know that the influence of Elon Musk, has a lot to thank for it. We're looking to see the altcoins season in the nearest future, so I'm not surprised that the billionaire will throw his weight directly or indirectly again to hype the coin. It should be a good news to doge holders, hopefully it can pump it's price and maybe they'll see an ATH.

Right now elon also shilling DOGE non stop but it just that people don't snipe on his tweet that much anymore, it seems like Elon also just want to cater on his fans who initially supported him because of doge coin.

IMO, moving forward, I don't think elon's influence will mean that much, the only thing that can help DOGE to go up again is the hype from retailers and also the altcoin season narrative once it kicked up.
DOGE is the biggest meme coin by market cap so it is to be expected that the rally can be pretty slow.

honestly it'd be great if even DOGE can also got approved of ETF Grin

although it's unlikely.

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Quote from: passwordnow on October 29, 2024, 03:29:07 AM

He's all for the fame and profit. Although he doesn't need those anymore with the life status that he's got but he likes to mess with people and the community that he's involved and beloved. We will for sure going to see more of these trolling from him and if he retains with Doge and other memecoins. While the memecoin and dogecoin community are going to celebrate most with it spreading that Elon Musk tweets again about these meme coins and it's surely going to skyrocket in less than 24 hours.

Actually he still needs it. You know, the more you rich you are is also the more you want to earn more. This is how addicting money is. Same goes with the fame as both of them represents power. I think it was only the people are the ones who created a community for Elon, so it is not his responsibility anymore if these people's lives are going to get messed up for his actions but there must also be people who are gaining a benefit, so after all, they don't totally hate Elon.

If Elon thinks that everything is going on with the plan, then yeah he will continue but if not, then he might take a rest again like what he did last time. He can retain Doge because it is been a long time since he got involved with it and up until now, it is still reported that he has a relation with the coin. It is like Doge is his pet already Cheesy

. As for the other meme coins, he is not sincere with them and he can drop them anytime.

Quote from: betswift on October 29, 2024, 03:37:00 AM

Hopefully, people will benefit more from it than be shaken by the market reacting to it.

Well, if they will get wiser this time, then yeah. I'm only talking about those who got shaken last time because there are also who are successful. Market reactions are only a product of our action (not Elon alone). I don't think he can lift or dip the price all by his self. He is only using us for his own good.

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Quote from: Rampagoe004 on October 31, 2024, 09:12:17 AM

Since the beginning of the rise in Dogecoin, we and early traders have known that Elon Musk was very influential in the rise of this shitcoin which became popular at that time, so the news became even hotter throughout the world with the arrival of Elon Musk investing shares in Dogecoin. After several years, Dogecoin fell by around 65% from its highest price, so many people thought that Elon Musk had left crypto.

Everyone is free to do whatever they want with the information they get. The important thing is whether they want to learn whether the information is real or not. I'm sure Elon already has a new plan for dogecoin let's wait what will happen if bitcoin reaches a new ATH and the bull market starts.

I would guess those people who were left with bags for years are not looking at Elon to do the same thing again. This isn't a simple problem and we are talking about a lot of people facing a lot of issues as well. We need to do better and people need to do better, otherwise there won't be anything good left eventually, so we need to focus on the best way to move forward.

I am sure we are going to face some issues, but at the end of the day it is not going to be a simple task, and because of this we need to just let go of Elon Musk and his approach to doge, if we keep insisting on focusing then results won't be nice. Some people made some money and because of them everyone thought it was so simple to make money, they are wrong.

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Quote from: Rampagoe004 on October 31, 2024, 09:12:17 AM

Quote from: kotajikikox on October 31, 2024, 01:37:10 AM

We’ve always known that Elon Musk supports dogecoin. He has shown support for it in the past. His companies even acknowledge it. Though people thought he didn’t want to be associated with it anymore because he has not posted about it since then. But he has mentioned it in a Trump rally which means most likely Trump also approves of doge. This means that probably people who do not know of crypto will now be made aware of it.

Do whatever you want with this information.

Since the beginning of the rise in Dogecoin, we and early traders have known that Elon Musk was very influential in the rise of this shitcoin which became popular at that time, so the news became even hotter throughout the world with the arrival of Elon Musk investing shares in Dogecoin. After several years, Dogecoin fell by around 65% from its highest price, so many people thought that Elon Musk had left crypto.

Everyone is free to do whatever they want with the information they get. The important thing is whether they want to learn whether the information is real or not. I'm sure Elon already has a new plan for dogecoin let's wait what will happen if bitcoin reaches a new ATH and the bull market starts.

Maybe he will tie up two events or the events from the elections to it, to have the most attention given to himself in the processes.
Nevertheless, if that's true, DOGE should be preparing for a ride.

Rampagoe004

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Quote from: kotajikikox on October 31, 2024, 01:37:10 AM

We’ve always known that Elon Musk supports dogecoin. He has shown support for it in the past. His companies even acknowledge it. Though people thought he didn’t want to be associated with it anymore because he has not posted about it since then. But he has mentioned it in a Trump rally which means most likely Trump also approves of doge. This means that probably people who do not know of crypto will now be made aware of it.

Do whatever you want with this information.

Since the beginning of the rise in Dogecoin, we and early traders have known that Elon Musk was very influential in the rise of this shitcoin which became popular at that time, so the news became even hotter throughout the world with the arrival of Elon Musk investing shares in Dogecoin. After several years, Dogecoin fell by around 65% from its highest price, so many people thought that Elon Musk had left crypto.

Everyone is free to do whatever they want with the information they get. The important thing is whether they want to learn whether the information is real or not. I'm sure Elon already has a new plan for dogecoin let's wait what will happen if bitcoin reaches a new ATH and the bull market starts.

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Quote from: Kelward on October 30, 2024, 05:33:06 AM

Elon Musk, and doge coin are synonymous, it's nothing new, the world's richest man has been shilling the memecoin for as far back as I can remember. I still consider dogecoin a top altcoin, and I know that the influence of Elon Musk, has a lot to thank for it. We're looking to see the altcoins season in the nearest future, so I'm not surprised that the billionaire will throw his weight directly or indirectly again to hype the coin. It should be a good news to doge holders, hopefully it can pump it's price and maybe they'll see an ATH.

I do agree about when it goes up, because after all when Elon tweets about doge, the price will go up and I can see that, there is really nothing wrong with this and it's a correct assumption since the data backs this up as a proof. However, what I do not understand, how people remove the part about what happens after that, sure doge goes up when he tweets about it, but what happens after a while? Let me tell you what happens, the price of doge eventually balances out, whatever market movement was, it goes back down to that. So what does that mean?

People who had doge before Elon tweeted made some money if they waited him to tweet and sold at peak, but the people who bought after they saw the tweet could be losing a ton of money after it goes back down. I still suggest staying away.

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Quote from: mich on October 31, 2024, 12:46:19 AM

Well that is not nothing new for us. We do now Elon Musk does love Doge and it is his favorite crypto. Doge is up more then 22 percent in only the last 7 days.
His new Department Of Government Efficiency plan is reason it is mooning. Elon Musk is talking about it alot with the American election.
https://www.cryptotimes.io/2024/10/31/dogecoin-rises-with-musk-doge-plan-rollblock-eyes-tron/

He mixes two things that can make him profit and hype up Grin

Such a businessman thing to do, in fact.

kotajikikox

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Quote from: ? on October 28, 2024, 11:55:24 AM

In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin

We’ve always known that Elon Musk supports dogecoin. He has shown support for it in the past. His companies even acknowledge it. Though people thought he didn’t want to be associated with it anymore because he has not posted about it since then. But he has mentioned it in a Trump rally which means most likely Trump also approves of doge. This means that probably people who do not know of crypto will now be made aware of it.

Do whatever you want with this information.

mich

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Well that is not nothing new for us. We do now Elon Musk does love Doge and it is his favorite crypto. Doge is up more then 22 percent in only the last 7 days.
His new Department Of Government Efficiency plan is reason it is mooning. Elon Musk is talking about it alot with the American election.
https://www.cryptotimes.io/2024/10/31/dogecoin-rises-with-musk-doge-plan-rollblock-eyes-tron/

CK485

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Quote from: TastyChillySauce00 on October 29, 2024, 07:50:17 PM

elon literally has been supporting DOGE since long ago and also the main reason why doge can go this far.

being shilled by the world's richest person is definitely have the benefit of suddenly getting recognized on the better light by the people, moreover back then elon was pictured as the real world's iron man due to his SpaceX success.

I still remember the time where people creating bot to snipe on elon's tweet, whenever elon mentioned something doge related the price increases 50% Grin

. it was crazy time, so elon's support is kind of old news if i'm being honest.

That's something that Elon Musk said in his defense of Doge, so that at every opportunity to invite people to invest in meme crypto currency, Doge is one of them which has its own appeal, because Elon is a fan of dog-themed coins and always invites his followers to support the coin.

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Quote from: TastyChillySauce00 on October 29, 2024, 07:50:17 PM

elon literally has been supporting DOGE since long ago and also the main reason why doge can go this far.

being shilled by the world's richest person is definitely have the benefit of suddenly getting recognized on the better light by the people, moreover back then elon was pictured as the real world's iron man due to his SpaceX success.

I still remember the time where people creating bot to snipe on elon's tweet, whenever elon mentioned something doge related the price increases 50% Grin

. it was crazy time, so elon's support is kind of old news if i'm being honest.

Elon Musk, and doge coin are synonymous, it's nothing new, the world's richest man has been shilling the memecoin for as far back as I can remember. I still consider dogecoin a top altcoin, and I know that the influence of Elon Musk, has a lot to thank for it. We're looking to see the altcoins season in the nearest future, so I'm not surprised that the billionaire will throw his weight directly or indirectly again to hype the coin. It should be a good news to doge holders, hopefully it can pump it's price and maybe they'll see an ATH.

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Elon Musk does not supoprt anything he just pumps it and sells it when he feels like it lol

TastyChillySauce00

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elon literally has been supporting DOGE since long ago and also the main reason why doge can go this far.

being shilled by the world's richest person is definitely have the benefit of suddenly getting recognized on the better light by the people, moreover back then elon was pictured as the real world's iron man due to his SpaceX success.

I still remember the time where people creating bot to snipe on elon's tweet, whenever elon mentioned something doge related the price increases 50% Grin

. it was crazy time, so elon's support is kind of old news if i'm being honest.

salad daging

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Quote from: bitbollo on October 29, 2024, 11:51:30 AM

Quote from: asriloni on October 29, 2024, 08:23:42 AM

...
In the end, It's simply that his motive is increasing his bags, and i don't see other reasons than it.

Absolutely agree! This is an old story now that we have seen in the past years.
it is clear that he has an economic interest in this operation. it is clear that it could have been anything, for him it was the same.

Pay attention to follow his suggestions. Maybe it is true that he helps to pump up the project, but it is also true that he certainly wants to pump up his wallet and not yours Wink

If you remember the "1 USD " target this explains just everything!

But he started doing it again, is it really in his wallet's interest? I think Elon Musk has something like that where he wants to pump and then sell.
I don't know if this situation can be exploited by Holder Doge? Those who bought at the bottom may be lucky, but those who bought at the top hope to get to $1 and Elon Musk continues to tweet again with doge.

VFalcon

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Ilon Musk does have a big influence on some cryptocurrencies, I don't like it, that's why I don't try to buy DOGE. Recently I found a promising coin TFS, I read it in this article https://fairspin.cc/cryptocurrencies-and-online-games-trends-in-2024. I liked that Fairspin has fast and secure transactions, it's convenient when you want to transfer and withdraw your money quickly

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Quote from: asriloni on October 29, 2024, 08:23:42 AM

...
In the end, It's simply that his motive is increasing his bags, and i don't see other reasons than it.

Absolutely agree! This is an old story now that we have seen in the past years.
it is clear that he has an economic interest in this operation. it is clear that it could have been anything, for him it was the same.

Pay attention to follow his suggestions. Maybe it is true that he helps to pump up the project, but it is also true that he certainly wants to pump up his wallet and not yours Wink

If you remember the "1 USD " target this explains just everything!

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That's not new brother. He had been supporting Dogecoin in different ways in the past and even sent cryptic messages telling about Dogecoin as one of his supported coins and invested one.
Elon Musk is also the one who boosted the value of Dogecoin before and since he had lots of supporters, many investors bought the coin which made the demand high which means a higher value in the market or a price increase.
Always follow him in X because you will find market swings of Doge just because of one word from him and I think it will profitable for those who loves trading the said coin.

asriloni

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Quote from: ? on October 28, 2024, 11:55:24 AM

In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin
Well in my opinion I'm happy he did this because this will not only increase the awareness of doge coin to the public but will also increase the trust people have for the cryptocurrency
Hopefully this will be enough to show people that doge coin has never been a shit coin

https://x.com/elonmusk/status/1850718973564006767?t=3AZXJZATpJMud32ZCCltxA&s=19

https://news.bitcoin.com/elon-musk-still-owns-a-bunch-of-dogecoin-spacex-owns-a-bunch-of-bitcoin/

I think you need to dig it deeply. Elon has a special motive by shilling Dogecoin. This is because he may still be holding Dogecoin. He has revealed that in 2022, he owned a bunch of Doge as a part of his assets along with Bitcoin. This means he may still be holding it till this time, and he is shilling it with the hope of pushing Doge's price to go up.

Elon often does this to drive the demand in the market to buy his owned token and drive it up. I think shilling Doge will raise crypto users' trust in it, then encourage more people to put their money on it. it's a really a basic theory used by the influencer to pump his bag.

In the end, It's simply that his motive is increasing his bags, and i don't see other reasons than it.

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Quote from: betswift on October 29, 2024, 03:37:00 AM

Quote from: passwordnow on October 29, 2024, 03:29:07 AM

He's all for the fame and profit. Although he doesn't need those anymore with the life status that he's got but he likes to mess with people and the community that he's involved and beloved. We will for sure going to see more of these trolling from him and if he retains with Doge and other memecoins. While the memecoin and dogecoin community are going to celebrate most with it spreading that Elon Musk tweets again about these meme coins and it's surely going to skyrocket in less than 24 hours.

Hopefully, people will benefit more from it than be shaken by the market reacting to it.

I feel bad those that are riding the hype too late whenever he's going to give some buff to the community through his tweets again. But just as you wish, that's also what I am wishing more because that's how it should be. People should benefit from it but this is a market where if someone wins, on the other side is found the loser.

Quote from: betswift on October 29, 2024, 03:37:00 AM

Though I do see where you are going, thanks for your opinion.
Elon must be onto something Grin

He's into something for sure and you're welcome. Wink

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Quote from: ? on October 28, 2024, 11:55:24 AM

In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin
Well in my opinion I'm happy he did this because this will not only increase the awareness of doge coin to the public but will also increase the trust people have for the cryptocurrency
Hopefully this will be enough to show people that doge coin has never been a shit coin

https://x.com/elonmusk/status/1850718973564006767?t=3AZXJZATpJMud32ZCCltxA&s=19

Nothing new about that news men. Try to search what he has done from the past for DOGE coin and somehow you get amazed with what happen to that coin after he hype it. Also check what happen next to it when he's done manipulating this coin and the mind of his supporter so that you would know that its not worth to follow always what he say.

Its like he's back again to catch up more attention and hit huge profits for showing some hints that he's back for supporting DOGE coin again https://www.bitrue.com/blog/dogecoin-price-elon-musk-trump-doge-department

Although this is good sign for investor, but again we must be careful when they are done since provably they would repeat those dumping schemes they do after they gain huge profit with this coin.

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Quote from: passwordnow on October 29, 2024, 03:29:07 AM

Quote from: betswift on October 29, 2024, 03:15:17 AM

Quote from: passwordnow on October 29, 2024, 02:56:53 AM

Quote from: ? on October 29, 2024, 02:17:47 AM

Memes are the bread and butter of Twitter, especially for influencers. Especially for Musk, Trump, and so on!
But I do think he wouldn't do it if he didn't have some thoughts about it..

He likes to troll even before he has acquired Twitter now X. There were even challenge placed before him that if he likes Dogecoin then why he's not accepting it with his Tesla cars. I remember those times when Elon shares posts like a tsunami with a Dogecoin or sort of godzilla that represents other memecoins. He's got a lot of time in the internet when he probably don't much thing to do on his X/Space X headquarters.
They know how to catch the attention of every single guy in the twitter by doing these shared meme posts. If he tells people to buy dogecoin, for sure the flock will follow his lead.

The question would he want to get the flock rolling.. Grin

And be associated with DOGE much more again for a year or so.

He's all for the fame and profit. Although he doesn't need those anymore with the life status that he's got but he likes to mess with people and the community that he's involved and beloved. We will for sure going to see more of these trolling from him and if he retains with Doge and other memecoins. While the memecoin and dogecoin community are going to celebrate most with it spreading that Elon Musk tweets again about these meme coins and it's surely going to skyrocket in less than 24 hours.

Hopefully, people will benefit more from it than be shaken by the market reacting to it.
Though I do see where you are going, thanks for your opinion.
Elon must be onto something Grin

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Quote from: betswift on October 29, 2024, 03:15:17 AM

Quote from: passwordnow on October 29, 2024, 02:56:53 AM

Quote from: ? on October 29, 2024, 02:17:47 AM

Memes are the bread and butter of Twitter, especially for influencers. Especially for Musk, Trump, and so on!
But I do think he wouldn't do it if he didn't have some thoughts about it..

He likes to troll even before he has acquired Twitter now X. There were even challenge placed before him that if he likes Dogecoin then why he's not accepting it with his Tesla cars. I remember those times when Elon shares posts like a tsunami with a Dogecoin or sort of godzilla that represents other memecoins. He's got a lot of time in the internet when he probably don't much thing to do on his X/Space X headquarters.
They know how to catch the attention of every single guy in the twitter by doing these shared meme posts. If he tells people to buy dogecoin, for sure the flock will follow his lead.

The question would he want to get the flock rolling.. Grin

And be associated with DOGE much more again for a year or so.

He's all for the fame and profit. Although he doesn't need those anymore with the life status that he's got but he likes to mess with people and the community that he's involved and beloved. We will for sure going to see more of these trolling from him and if he retains with Doge and other memecoins. While the memecoin and dogecoin community are going to celebrate most with it spreading that Elon Musk tweets again about these meme coins and it's surely going to skyrocket in less than 24 hours.

betswift

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Quote from: passwordnow on October 29, 2024, 02:56:53 AM

Quote from: ? on October 29, 2024, 02:17:47 AM

Memes are the bread and butter of Twitter, especially for influencers. Especially for Musk, Trump, and so on!
But I do think he wouldn't do it if he didn't have some thoughts about it..

He likes to troll even before he has acquired Twitter now X. There were even challenge placed before him that if he likes Dogecoin then why he's not accepting it with his Tesla cars. I remember those times when Elon shares posts like a tsunami with a Dogecoin or sort of godzilla that represents other memecoins. He's got a lot of time in the internet when he probably don't much thing to do on his X/Space X headquarters.
They know how to catch the attention of every single guy in the twitter by doing these shared meme posts. If he tells people to buy dogecoin, for sure the flock will follow his lead.

The question would he want to get the flock rolling.. Grin

And be associated with DOGE much more again for a year or so.

passwordnow

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Quote from: ? on October 29, 2024, 02:17:47 AM

Memes are the bread and butter of Twitter, especially for influencers. Especially for Musk, Trump, and so on!
But I do think he wouldn't do it if he didn't have some thoughts about it..

He likes to troll even before he has acquired Twitter now X. There were even challenge placed before him that if he likes Dogecoin then why he's not accepting it with his Tesla cars. I remember those times when Elon shares posts like a tsunami with a Dogecoin or sort of godzilla that represents other memecoins. He's got a lot of time in the internet when he probably don't much thing to do on his X/Space X headquarters.
They know how to catch the attention of every single guy in the twitter by doing these shared meme posts. If he tells people to buy dogecoin, for sure the flock will follow his lead.

?

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Quote from: bitgolden on October 29, 2024, 01:15:24 AM

Just because he shared some meme, doesn't mean that he is still supporting doge. I understand that he likes to share memes, but if you just check his entire twitter, you will see that he shares more than one meme per day, and this is just another one of those that's it. I believe we are not going to see him stop sharing memes just because they have doge in them neither, if he is sharing all kinds of memes, then he is going to share doge picture ones too.

But he has never said a single thing about doge, not today, not yesterday, not for over a year. Which is why we should stop thinking everything as a sign, and price of doge went up a bit today, more than what bitcoin did, and I am sure this was related, but people are gullible if they are using this as a reason to buy.

Memes are the bread and butter of Twitter, especially for influencers. Especially for Musk, Trump, and so on!
But I do think he wouldn't do it if he didn't have some thoughts about it..

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Quote from: l99l on October 28, 2024, 03:24:27 PM

Elon Musk had triggered the 2021 bull run with dogecoin posts, he supported dogecoin always. He is not announcing this recently
Is he trying to do the same now, maybe he was waiting for the right timing, bitcoin is struggling to reach $70,000 by now.
The meme in the post is also nice, by the way. Cheesy

Elon just got his trump card, as some politicians (as well as Trump) do - posting something on Twitter getting the rally for it ready with a signal of sorts.
Maybe what bitgolden said is right, because, for the most part, Elon didn't want to be associated with DOGE anymore, however, here we are Grin

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Just because he shared some meme, doesn't mean that he is still supporting doge. I understand that he likes to share memes, but if you just check his entire twitter, you will see that he shares more than one meme per day, and this is just another one of those that's it. I believe we are not going to see him stop sharing memes just because they have doge in them neither, if he is sharing all kinds of memes, then he is going to share doge picture ones too.

But he has never said a single thing about doge, not today, not yesterday, not for over a year. Which is why we should stop thinking everything as a sign, and price of doge went up a bit today, more than what bitcoin did, and I am sure this was related, but people are gullible if they are using this as a reason to buy.

l99l

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Elon Musk had triggered the 2021 bull run with dogecoin posts, he supported dogecoin always. He is not announcing this recently
Is he trying to do the same now, maybe he was waiting for the right timing, bitcoin is struggling to reach $70,000 by now.
The meme in the post is also nice, by the way. Cheesy

$crypto$

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At least with Elon Musk's tweets posting memes with himself increased the price for Doge and now it has started to crawl, although it is not a new thing for Elon Musk to do hope for doge holders has been waiting for a long time.

I don't know how big this pump will be, is it because of the other effects of him campaigning for Trump? He's been doing crazy things all along and is hoping for a bigger pump. Cheesy

AsiaHODL

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Lincoln shot. He can only play this pump and dump game so many times.

I will be interesting though to see if Doge gets an Elon pump if Trump wins. But even so, its a mug's game. Stick to BTC, rather than manipulated alts and meme coins.

livingfree

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He has already done that prior to 2021 bull run.

That's why if it surprises you, not many of us.

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It’s not new again, just like the first person highlighted; in fact, his promotion for Dogecoin was what increased the price to what it is today; he made that meme coin popular and valuable to the level that it’s rated at today, but I think the era where this kind of news from him to make the coin price jump has passed as I have passed.

Some people still so much believed in him, and whatever they feel like his dream and ambition for Dogecoin is, let’s see what is left of the meme coin, as I don’t think the price can go 100% above what it’s worth currently.

avikz

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It's not a news that Elon Musk supports dogecoin. He had said it multiple times before buying Twitter. He was always a big supporter of Doge. Some people also speculated that Elon will introduce a Doge payment option in Twitter which never happened in reality.

I know a lot of people will again start speculation on Doge after this post, expecting another series of price increase. But it's not anything new for Elon to show his support on Doge.

?

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In the early hours of today, the x owner (Elon Musk) made a post on twitter showing he's support for the doge coin
Well in my opinion I'm happy he did this because this will not only increase the awareness of doge coin to the public but will also increase the trust people have for the cryptocurrency
Hopefully this will be enough to show people that doge coin has never been a shit coin

https://x.com/elonmusk/status/1850718973564006767?t=3AZXJZATpJMud32ZCCltxA&s=19

Topic: Elon Musk supports doge (Read 590 times)