Topic: Why Elon Musk shill for DOGE (Read 1353 times)
Thats because he wants to become part of memes.doge is a name that used to troll and fun.maybe that's why elon mask select this dogecoin for entertainment.but after getting the public attention and seeing the positive movement of Dogecoin, he decided to do the same fun again and again.i assume, he is going to do the same thing with others altcoin too.but need be careful cause those altcoins could crash anytime
It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.
Maybe this comes from a friend or associate request, it's hard to understand or believe that he only has that number of Bitcoin, when Cryptocurrency is one of the most profitable investment, he must have more and he prefer not to tell us for now, his intention is to test the water if he can make an impact and he proved that he has an impact.
I think elon musk is hodling a enormous amount of dogecoins thats why he is shilling it and also because of it he is trying to create hype and FOMO so that once that he saw that the dogecoin price is what he desire then that is the time that will sell and dump dogecoin again.
Elon Musk is a very rich man with a business wisdom and I do not think that he will be in doge to shill and then dump it. He knows that will mess his reputation up and am not sure he will go down low that way. Doge is a nice coin only that it has been neglected for long. Now Elon has come to make it famous.
I don't think Elon Musk is too serious in saying that Doge is a good coin, it looks like he's just kidding, but a lot of people take it too seriously, so many people buy Dogecoin and take the opportunity, that's why a famous person like Elon Musk has such a big impact in the crypto world
I don't think Elon Musk tweets about dogecoin with the intention of joking. Rather, he promotes it so that more and more people will buy it. Although he is not the first person to promote dogecoin, some well-known TikTok celebrities have done this before.We shouldn't buy any coin at the recommendation of such a celebrity.
Thats because he wants to become part of memes.doge is a name that used to troll and fun.maybe that's why elon mask select this dogecoin for entertainment among thousands of cryptocurrency.but after getting the public attention and seeing the positive movement of Dogecoin, he decided to do the same fun again and again.i assume, he is going to do the same thing with others altcoin too that's because thus he make hype and earn money but need be careful cause those altcoins that could crash anytime
Recently, information was posted on the network that Elon Musk invested a fairly large amount in Doge Coin and thereby made a gift for his son. On the one hand, such an investment will in any case affect the rating of Doge coin, but at the same time, one must take into account the fact that Elon Musk will not buy shitcoin, which means that Doge coin really has real prospects for the future.
Just late one minute after his tweet I sold my doge coin under lower price, I think if I canceled my order selling could get more than $1000 last night, I have put notification showed on my twitter when Elon make new tweet, but I late after seeing Doge coin have pump exactly few minutes after his tweet, still waiting price doge down and selling with higher price because he make tweet every time in one week about doge coin.
ohh it's a shame if this moment can't be used properly by you, both before and after the DOGE price increase. But I still can't believe it despite the fact that Elon Musk really had such a big influence on cryptoqurrency, especially on DOGE coin back then. Even when the OP says that Elon Musk only has around 0.25 BTC but vice versa, he pumps elusive coins like DOGE.
I don't think Elon Musk is too serious in saying that Doge is a good coin, it looks like he's just kidding, but a lot of people take it too seriously, so many people buy Dogecoin and take the opportunity, that's why a famous person like Elon Musk has such a big impact in the crypto world
There are sellers of course there are buyers, indeed the biggest trading risk is loss. I personally feel sorry, for people who buy at a high price, because that's just a word from someone. The increase in the price of the doge was not triggered by the function of the doge coin itself but was simply a "joke." Excuse my personal opinion.
Anyone can argue in this forum and what you are saying is probably true, because the influence of someone's words can clearly have a good effect on the current Doge token, so it clearly cannot be considered a function of the Doge itself.
Elon Musk plays on crowd behavior. He will definitely benefit from his tweets and investments. But will those who followed his example benefit if the hype ends and the coin depreciates? In any case, the situation is interesting and how it all ends is also interesting.
Elon Musk only think how to get much profit with some coin without have owner of coin he buy, like doge with anonym owner make him easy to get much profit different with trx or other coin because the owner could make coin dump before he sell. Doge become easy for pump by Elon without any people could make price down before he sell, so its look happy for Elon Musk and easy how to make coin become pump and dump when he want.
Doge is an affordable coin that really works. Elon Musk can show many people that the future belongs to cryptocurrency and it's time to stop being afraid to invest in it. Mr. Musk has repeatedly stated that he likes Dogecoin, and as we all saw Doge coins, many liked it.
i think it can be better if Elon Musk will create his own crypto that based on his huge project, SpaceX, it can be SpaceX coin may be. I'm sure that so many investors will be interested
I think if I'm not mistaken he himself said that cryptocurrency might be the future currency of interplanetary exploration in the future. Considering how versatile cryptocurrencies are it's really possible and since spaceX is all about technology implementing blockchain not gonna be hard for them.I guess it's just matter of time until spaceX or whatever future company elon gonna create implements cryptocurrencies.
It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.
He's a well-known/richest man in the world so he can use his clout whenever he wants, knowing that he's a fan of crypto (Dogecoin to be specific) will really create a huge impact to the crypto despite knowing that DOGE was a meme-coin. He's an inventor as well and I think that's one of the reason why he's supporting cryptocurrency technology. Soon enough I think Elon will make collaborations with top tier exchanges like Binance, Coinbase, KuCoin or even DEX's like Uniswap & Sushiswap and will accept crypto transactions when buying Tesla Model cars via BTC & ETH.
I seriously don't know what's going on inside Elon's head, I have a feeling that he's just tripping us to buy some doge but I also have a feeling that he's just an innocent soul that became a fan of a specific coin. I just don't know how to feel with him being a doge fan but I guess he's going to help the coin pump atleast.
Other celebs are doing the same but with bitcoin, which I don't quite since they just want to ride the flow.
It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.
He is doing it because he likes too. Freedom of information 
He is doing it on social media where anybody can say anything anytime they want and many people can see it.
Besides, he is probably joking about his tweets because after all DOGE is just a meme/joke coin and will always be like that. He can shill anything that he wants. It will depend on his supporters if they will react to it or not. Since he started shilling it, I didn't tried to buy it not because I'm too late for it but its just that I don't really want to involve into it.
Just late one minute after his tweet I sold my doge coin under lower price, I think if I canceled my order selling could get more than $1000 last night, I have put notification showed on my twitter when Elon make new tweet, but I late after seeing Doge coin have pump exactly few minutes after his tweet, still waiting price doge down and selling with higher price because he make tweet every time in one week about doge coin.
It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.
He's a well-known/richest man in the world so he can use his clout whenever he wants, knowing that he's a fan of crypto (Dogecoin to be specific) will really create a huge impact to the crypto despite knowing that DOGE was a meme-coin. He's an inventor as well and I think that's one of the reason why he's supporting cryptocurrency technology. Soon enough I think Elon will make collaborations with top tier exchanges like Binance, Coinbase, KuCoin or even DEX's like Uniswap & Sushiswap and will accept crypto transactions when buying Tesla Model cars via BTC & ETH.
I seriously don't know what's going on inside Elon's head, I have a feeling that he's just tripping us to buy some doge but I also have a feeling that he's just an innocent soul that became a fan of a specific coin. I just don't know how to feel with him being a doge fan but I guess he's going to help the coin pump atleast.
Other celebs are doing the same but with bitcoin, which I don't quite since they just want to ride the flow.
I also don't know the real reason Elon Musk did this, but I think Elon Musk did shill for Doge just for entertainment. Because initially Elon Musk got
DOGE from a gift from his friend, then he played on Twitter and it turned out that people's enthusiasm was quite high. Finally, based on the experiment
he conducted, it proved successful, making Elon Musk interested in DOGE. And until now he keeps on doing it, if the shilling for DOGE right now is not
for experiment anymore. But Elon Musk is serious about making the DOGE price pump, because now Elon Musk uses his own money to invest in DOGE.
DOGE from a gift from his friend, then he played on Twitter and it turned out that people's enthusiasm was quite high. Finally, based on the experiment
he conducted, it proved successful, making Elon Musk interested in DOGE. And until now he keeps on doing it, if the shilling for DOGE right now is not
for experiment anymore. But Elon Musk is serious about making the DOGE price pump, because now Elon Musk uses his own money to invest in DOGE.
I doubt that Elon Musk was already invested in Doge not just only bitcoin. Maybe at first he tried to tweet just to test how he can pull up the doge and it was effective, and the second time that he tweeting about doge for sure he already invested it, he can make money on cryptocurrency easily.
I'm sure he is, he is both an investor and a business-minded guy, he knows how to start and what to do, we never know but he might have some coins and tokens already, that we never know, I believe Elon Musk is going to be a major player in the industry and he will become a better version of McAfee, I just hope he will not accept offers coming from dubious and weak projects that just need hype.
He shilled, that's the bottomline, and he shilled because he's memeing around. There's no future in DOGE besides it being a very good stablecoin and a meme token, and because it's a meme token Elon, a memer himself, decided to talk about it on his twitter account. That's it everybody, Elon is not as calculated as some of you guys think he is and at times may think like the average Facebook shitposter.
I believe that Elon Musk knows that Dogcoin will rise in value soon. And, like an ordinary person, Elon Musk is investing in the promising Dogcoin. And believe me, this is a very correct decision, the lower the price of Dogcoin now, the more Dogcoin you can buy. At the moment, cryptocurrency is becoming very popular and requires a lot of attention. So you need to follow the news and invest as much as possible in a promising crypto coin.
There's no way Doge will become as valuable as any other coin in the market today. The coin is meant to be a meme token, and a stablecoin. Stablecoins have a different nature and environment than bitcoin and other cryptos, so things like buying the dump will not work because it will always be dumping, especially in the case of DOGE. Jump to: