Topic: What happens to $DOGE after Elon Musk bought Twitter? - page 4. (Read 500 times)
In my opinion Elon Musk is a Public figure, it's hard not to admire his genius while at the same time wondering if he doesn't get carried away sometimes. I think he helped popularize crypto and can help it reach a new level of adoption in that regard. Of course, with great power comes great responsibility, and Muska is also one of the smartest cookies in the money market. It will be interesting to see how DOGE plays out after Elon Musk bought Twitter.
Thanks to Elon Musk, the crypto market is brought back again.
I think quite a lot of investors have been buying Doge from when the rumors started making the rounds till this time that there is now an official statement on the whole matter, i think people believe Doge will pump right after Elon purchases Twitter, it could, or not. But my point is that it is a bad investment strategy to go with when you decide to buy a coin whose pump is solely spearheaded by one man, a lot could go wrong, except you are prolly speculating with the coin for the short term; but if you are considering a long term speculation, then i would advise investors not to do that, a coin has to have an actual utility to be a long term project. 
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.
Thanks to Elon Musk, the crypto market is brought back again.
IMO, I believe its because Elon Musk is a big crypto influencer, and we know that the micro blogging site Twitter has mean a lot in the crypto industry as one of the most widely used social media platform by the crypto community so I think that's the very reason why the market has been temporarily jump at this certain level as today meaning the investors are bullish and positive about this Twitter buyout.
You know what happened to Doge after Elon bought Twitter. The price of Dogecoin can jump higher, but I am not sure if that is the real reason for the Dogecoin price increase. Perhaps, there will be another thing that causes the price increase, and we don't know what it is. While bitcoin seems not to increase, I think we can see the market gets another correction this week, and Dogecoin can go down again. But if bitcoin can lift the price back to $41k, that will be a good way for Dogecoin and all coins to raise the price.
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.
I don't think he has bought twitter yet. A deal was made and likely to be completed. Since Elon shows support for doge coin, people are expecting that he will do something with doge and twitter. Twitter was supposed to allow users to tip using crypto currencies. So people are speculating that Elon will add doge as a method for tipping. After all, doge used to be a tipping coin in the community. Now people are FOMOing into dogecoin causing the price to go up. Thanks to Elon Musk, the crypto market is brought back again.
the answer is still remain unknown and none know what will be doing by elon with doge coin after his decision to bought twitter. So many speculations happened with the doge coin as elon's favourite coin. The bounce is only temporary but it seems the bearish trend is still leading the way for crypto to go down again. I will expect doge coin will be following the trend after this short term hype news impact will be gone very soon. Bitcoin is showing a temporary bounce while the condition still remain bearish.
We will not see any news from elon about doge coin and twitter soon. Stock was still showing very bad sign due to the various reasons.
We will not see any news from elon about doge coin and twitter soon. Stock was still showing very bad sign due to the various reasons.
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.
So no doubt about doge amazing future.
It seems like that pump was happening at the same time once the big announcement was coming about elon bought tesla. It's too early to predict what happened with the doge coin in the future but is not it the main intention from elon to buy twitter caused by the freedom of speech? I think that doge coin was getting an impact caused by the correlation with the elon as the holders.I don't see any interesting news came to the doge coin and this may correlated with the announcement from twitter about the buy from the elon to the all shares of twitter.
I don't know whether this is a huge or common news but doge army was so glad with the decision that already taken by elon.
I don't know whether this is a huge or common news but doge army was so glad with the decision that already taken by elon.
https://www.wsj.com/livecoverage/twitter-elon-musk-latest-news
Now that Twitter has been acquired by EM, I was then started to think about manipulations on the said platform and think about how this become reliable.
I'm not going to give concerned about Doge's performance after this as surely EM will still backup this project no matter what will happen. Or what if he uses the platform to spread more and hyped Doge. That certainly brings an advantage to him.
Now that Twitter has been acquired by EM, I was then started to think about manipulations on the said platform and think about how this become reliable.
I'm not going to give concerned about Doge's performance after this as surely EM will still backup this project no matter what will happen. Or what if he uses the platform to spread more and hyped Doge. That certainly brings an advantage to him.
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.
Thanks to Elon Musk, the crypto market is brought back again.
For what action made by Elon lately provably this buying the twitter might give a hype on the coins he supporting on since many will speculate that there are good things that may happen and he will use this platform to influwnce more people on what he likes. I don't know if he's the reason of little pump but still iits good if many people will really give some impression on it maybe this will give somethinv to make the price of dogecoin to pump.
Now every time there is some positive news that Elon Musk creates, we are navigating the thinking related to crypto and especially Dogecoin, I can see some views on some of my friends in this market when Elon Musk has a tool like Twitter he will be able to shill whatever he wants, but I laughed when I saw how things are going Elon Musk got Twitter and Doge up price, what complicated formula is that 
Why many are relating DOGE with the acquisition of Musk on Twitter?
Is it because Musk hyped DOGE a few years ago and now they are connecting it to him again.
Well, some are saying that DOGE might be used as a tipping tool in Twitter since it already is a private company and anything Elon wants to add on it will be added. In the end, this is just a rumor and there are no signs that he will do it. Right now, there are no correlation between DOGE and Musk buying twitter though DOGE's priced jumped by at least 20% just this day.
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Is it because Musk hyped DOGE a few years ago and now they are connecting it to him again.
Well, some are saying that DOGE might be used as a tipping tool in Twitter since it already is a private company and anything Elon wants to add on it will be added. In the end, this is just a rumor and there are no signs that he will do it. Right now, there are no correlation between DOGE and Musk buying twitter though DOGE's priced jumped by at least 20% just this day.
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I don't understand what is the point of relating the Doge price jump with the Elon buying Twitter? It is relatable if twitter shares spikes but Doge isn't a part of nothing but still people reacting to what Elon Musk is doing then its really not good for the future of cryptocurrencies so be ready for the dump at anytime because Elon has the habit of changing his decisions in quick time.
I am looking at the problem of the market conditions being subject to too much navigational news. Personally, I am very skeptical about the short term future coming when we could see something important related to the market. interest rates that the Fed will impose. If things don't go well, then I think the mass market scenario will be down, not excluding crypto. Anyway, those of us will always have a more positive view of the new entrant market.
I don't think that, market is in bullish trend now just due to Elon Musk, this bearish trend on 25 is must, my and my squad has already predicted about it, that's why we saved from this dip, and pick some profit. Elon's involvement in crypto is not good for any of us, because if the control of bearishness and bullishness is under a person who uses it for its own purposes than this is not fair, crypto means to be defi, community driven, not one man driven
Actually no idea but I was wondering what are the plans of Musk in Twitter maybe he could do something that we could use Dogecoin in Twitter? as what I see in the market there's no any big movements yet in Dogecoin but it is better to have some in my pocket. Since we are not sure what will going to happen.
ya.ya.yo!
ya.ya.yo!
Doge fans are trying to see this as a victory.If Twitter had worked directly with doge, the price would have already flown to the moon,but as we can see, Elon does not care at the moment,since the purchase was very expensive and now it's not a joke.I think he bought this service for other purposes but not for the promotion of doge.
I think it's just a coincidence that the momentum coincides. I don't see any relationship between the Twitter platform and Dogecoin or the crypto market. But we don't know-how in the future, Twitter with its new owner will turn into a social media platform or will move to the development of metaverse technology. we'll see what will be a surprise for all of us from Elon.
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.
Elon Musk is a very good businessman who has the potential to influence the crypto market because he owns many crypto coins, he purchased Twitter social media, and I believe Twitter is one of the best social media platforms that talks a lot about cryptocurrency, as well as the best place to advertise and attract more crypto investors. Elon will undoubtedly come up with another method to make Twitter a better place than it was before, and I am confident that the crypto market will soon find its equilibrium. Thanks to Elon Musk, the crypto market is brought back again.
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