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Topic: What happens to $DOGE after Elon Musk bought Twitter? (Read 500 times)

sr. member
Activity: 1722
Merit: 252
Does not seem to have much effect on DOGE's performance, although many people say that DOGE is very dependent on Elon Musk but if we look at the trend after Elon Musk bought twitter then there is no different thing, this is because the DOGE community is already strong so it is not too dependent on one or more two top figures like Elon Musk.
full member
Activity: 560
Merit: 143
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Dogecoin is one fo the most overhype coin the Crypto market. Elon buying Twitter just boost the bullish movement of Dogecoin which later drops in a duration of 24hrs. Dogecoin can still pump but it will definitely take time. The Price of Dogecoin is currently at $0.081cents, it's not even up to a dollar. All these hyping of Doge is just in favour position of his gain and Profits, nothing more. Elon tweet always affects the market both positively and negatively, both it also affects other coins.
legendary
Activity: 2548
Merit: 1873
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my question now is, why are so many people currently involving Elon musk in the rise that occurs in cryptocurrencies?? especially Dogecoin and ShibaInu. both are rumored to have an impact involving ElonMusk in it. whereas cryptocurrencies existed before Elon Musk was involved in cryptocurrencies. and in my opinion the price of Bitcoin and Altcoins in the market is not influenced by elonmusk.
Since both meme coin prices increased the impact of Elon musk tweet then now they will associate the Doge and Shiba coin meme with Elon for anything but now Elon attempt to increase the coin meme again is highly unlikely as many communities are unaffected from Elon tweet.

I think that all the people who are followers of Elon Musk will always do what the influencer says, in fact it is only enough now to make a simple tweet to see what can happen, this is undoubtedly a very powerful tool that Elon Musk has as manipulation, which until now has perhaps not given it the use it wants because it knows very well that the btc community does not want anything with Elon Musk, however, one must be very careful because the majority of people who have BTC and who are fans and hodlers they like Twitter more than any other social network, so Musk's move to twitter was super smart, that's why everyone associates DOGE-SHIBA-Twitter with Elon Musk.
sr. member
Activity: 832
Merit: 286
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my question now is, why are so many people currently involving Elon musk in the rise that occurs in cryptocurrencies?? especially Dogecoin and ShibaInu. both are rumored to have an impact involving ElonMusk in it. whereas cryptocurrencies existed before Elon Musk was involved in cryptocurrencies. and in my opinion the price of Bitcoin and Altcoins in the market is not influenced by elonmusk.
Since both meme coin prices increased the impact of Elon musk tweet then now they will associate the Doge and Shiba coin meme with Elon for anything but now Elon attempt to increase the coin meme again is highly unlikely as many communities are unaffected from Elon tweet.
full member
Activity: 799
Merit: 100
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The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Thanks to Elon Musk, the crypto market is brought back again.


my question now is, why are so many people currently involving Elon musk in the rise that occurs in cryptocurrencies?? especially Dogecoin and ShibaInu. both are rumored to have an impact involving ElonMusk in it. whereas cryptocurrencies existed before Elon Musk was involved in cryptocurrencies. and in my opinion the price of Bitcoin and Altcoins in the market is not influenced by elonmusk.
sr. member
Activity: 1792
Merit: 255
I don't think Elon Musk bought Twitter, Doge has a loyal and strong community and it is proven that Doge continues to survive and is now ranked 10, I'm sure more and more developers will use the DOGE network which is proven to be very fast and cheap.
full member
Activity: 1848
Merit: 158
Twitter is a unique platform especially for crypto enthusiasts. While it is not yet clear how Elon Musk plans to enhance twitter, I think Twitter will play a major role in promoting those things Elon Musk loves, like Doge coin, among others. Twitter being a special platform for cryptocurrency lovers, I am sure the platform will continue to play a major role in cryptocurrency ads, and Elon Muslk's Doge coin will probably have a unique preference. 

But are we already sure that Elon will acquire Twitter, based from the last update that I have read, he put on hold about this acquisition. Though, I don't know what's the real deal now. Anyway, if he will finally got a hold of Twitter, definitely, he will use this social media platform to his advantage. But when it comes to doge, we don't know his real plans on this coin. Because from the looks of it, he can easily change his mind depending on his mood.
jr. member
Activity: 1288
Merit: 7
Twitter is a unique platform especially for crypto enthusiasts. While it is not yet clear how Elon Musk plans to enhance twitter, I think Twitter will play a major role in promoting those things Elon Musk loves, like Doge coin, among others. Twitter being a special platform for cryptocurrency lovers, I am sure the platform will continue to play a major role in cryptocurrency ads, and Elon Muslk's Doge coin will probably have a unique preference. 
full member
Activity: 1582
Merit: 132
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Actually, too early to say that  Grin
So far, we have known how pump and dump did by certain influencers. But in fact, the news about Elon and Twitter doesn't give a certain high influence on the Doge price.
Moreover, this is in the movement era to bearish market, so all coins including Doge are decreasing highly. That is why it is better not to FOMO because of this kind of news. 

One more thing I'm sure there will be a meme coin where Twitter bears the Doge logo.

Wow, nice pict  Grin Grin
full member
Activity: 398
Merit: 100
With Elon Musk buying Twitter, I think Elon Musk definitely going to take a chance to make Doge become a currency among Twitter users. Remind that Elon Musk was also the one behind the paypal so he ain't some chump over e-payment and must have something going on his mind when having access to millions of Twitter users. Doge really looks like a good investment right now, not just being driven by memes anymore.
sr. member
Activity: 1362
Merit: 258
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Twitter bought by elon musk buddy.previously we know that Twitter announced about tipping system. Now doge can be used for tip and for that doge usecase increasing.

So no doubt about doge amazing future.

doge is a phenomenal meme coin, so it is worth investing in, even though the price tends to rely on fomo from Mr. Elon at least gave the best price last year for holder doge
sr. member
Activity: 1400
Merit: 268
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Many peoole asking this same question, and I will always has thr same answer. Nothing will happened to Doge after Elon Musk buy twitter, Doge will always be a meme coin. The creator itself made doge just for fun, so I don't think this coin will go anywhere
hero member
Activity: 2506
Merit: 644
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The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Thanks to Elon Musk, the crypto market is brought back again.
Crypto market will go more Down to control inflation rate and Elon will not be able to do anything.doge fee is very low as compared to BTC. Elon musk is continuously working well for crypto and being Twitter owner is big success for crypto. In future we can see big impact in that but for now every coin is going down and trade is very risky.
member
Activity: 372
Merit: 11
elysian.finance
there are things that can affect the crypto space just like any investment. since cryptocurrency is becoming accepted exchange value for some commodities, definitely those who promote these coin, can affect its value. celebrities like elon musk, snoop dogg and gene simmons can affect the market with the kind of investment they make. when the coin they push now become an exchange value in the investment they make. if doge probably become an exchange value in the twitter space, it can increase it even more than what we are witnessing now. the value of these investment they make matters.
full member
Activity: 1008
Merit: 138
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The doge community is currently waiting for what Elon Musk will do next, this is for sure.
but we never know what Elon is thinking about manipulating the crypto public at this time but sometimes the doge hype happens because of the doge community's thinking so something related to Elon is the doge movement

This is for sure how doge was able to grow so fast and become a world star in crypto market that is growing so fast.

To be honest, the doge community is not so powerful compared to other communities but they are always super passionate about their crypto. That's probably why the doge hype works so well. Doge believers are kind of like Elon Musk fans in crypto.

To be honest, I personally don't really care how doge fans think about Elon Musk because to me he is just another billionaire who is trying to make money in crypto world.
full member
Activity: 560
Merit: 100
I just love how desperate the DOGE community is.

The fact that they are stalking Elon's every single move, whether it is relevant or not to crypto at all, and attributing everything to a future bull rally in DOGE, is completely laughable.

Truth is that Musk probably is not even thinking about DOGE as single bit right now. His main priority is making sure that he is not liquidated on his Tesla margin loan, and probably running Twitter. He hasn't said anything major about Doge for a very long time, and he shouldn't given how useless the utility of doge is.
The doge community is currently waiting for what Elon Musk will do next, this is for sure.
but we never know what Elon is thinking about manipulating the crypto public at this time but sometimes the doge hype happens because of the doge community's thinking so something related to Elon is the doge movement
full member
Activity: 1358
Merit: 104
I think it's just hype, btc and doge went up when Elon managed to buy twitter, but the reality we see today is that the market price is volatile again, so Elon doesn't have any effect on bitcoin's rise, it's all back to investors and newcomers who want to enter the crypto world.


Elon Musk buy Twitter but i Think it will be not effected Dogecoin or bitcoin.if he will be interested to buy bitcoin then i think bitcoin price will grow up and bitcoin investment increase. But Bitcoin and Altcoin have Between good partnership each others.Elon Musk changed the crypto-currency prices its very very truth.I think meme coin hype just short term.Many meme coin failed their goals.
sr. member
Activity: 2226
Merit: 344
No matter how far the price of Bitcoin and other cryptocurrencies goes, people will never be satisfied. They are all complaining now, even when the price of Bitcoin was at its all time highest, there were still people who were complaining that the bullish trend was not strong enough and that they want the price to reach $100,000.

Now the price is down and they are also still complaining. So there will never be a price that we will reach and you wouldn’t see people who are complaining that the market isn’t favoring them. So I really don’t look at what people had to say, what matters is that I’m doing what I am meant to do the right way and that things are really working out for me.
It will always be like that, if you are not a long term investor then your only aim is to make a profit and that's it, nothing else matters to you or anyone else. This is what I believe is the main problem because people always focus on the short term gain quickly and getting out.

I know that a life that is filled with wealth and having that "unlocked" is very important. World is locked to us who do not have the money to live it, going around the world, buying things you want to but can't right now, basically we can't live life the way we want to because we do not have money for doing all the things we want to do. Wealth unlocks that and people just want that asap, and think crypto is the key.
hero member
Activity: 1666
Merit: 753
I just love how desperate the DOGE community is.

The fact that they are stalking Elon's every single move, whether it is relevant or not to crypto at all, and attributing everything to a future bull rally in DOGE, is completely laughable.

Truth is that Musk probably is not even thinking about DOGE as single bit right now. His main priority is making sure that he is not liquidated on his Tesla margin loan, and probably running Twitter. He hasn't said anything major about Doge for a very long time, and he shouldn't given how useless the utility of doge is.
sr. member
Activity: 1330
Merit: 257
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I think it's just hype, btc and doge went up when Elon managed to buy twitter, but the reality we see today is that the market price is volatile again, so Elon doesn't have any effect on bitcoin's rise, it's all back to investors and newcomers who want to enter the crypto world.
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