Elon Musk Is Back Tweeting About Dogecoin as Price Rises 50%

Elon Musk has recently tweeted support for Doge after what seems to be a hiatus. Musk had stopped tweeting about the coin back in May. This was after consistently tweeting about the coin for months. Driving the coin price up a staggering 11,000 percent within this time frame. Related Reading | Old Doge, New Tricks: Is […]

Since Elon Musk appeared on SNL in May, Dogecoin has crashed more than 75%. On Tuesday, the meme coin became the worst performing digital currency as investors fled. Dogecoin Unholy Romance With The Dogefather Earlier in the year, Elon Musk began tweeting about Dogecoin. His tweets served as a good signal for crypto investors as […]

Elon Musk has tweeted that dogecoin is the people’s crypto shortly after the billionaire pledged to go off the social media platform for a while. Incidentally, the token, which traded at $0.0411 on February 3, surged to $0.0588 just as Musk was tweeting. However, at the time of writing, the token appeared to have retreated to $0.0541, a price which is still 60% higher than that of February 3. Following Musk’s previous tweets about the token, dogecoin’s price surged to an all-time high (ATH) of $0.0791, according to Messari data. At the time of writing, the token is still....

DOGE price has more room to decline despite Elon Musk's visible efforts to revive its upside boom. Dogecoin (DOGE) may be back in the top-ten cryptocurrency by market capitalization, but its loses in both USD and Bitcoin (BTC) terms since Elon Musk's SNL appearance are considerable.Dogecoin loses Musk-effectThe DOGE/BTC trading pair has fallen 75% after peaking out at 1,287 satoshis on May 9, 2021, a day after Musk was a guest host on Saturday Night Live, including a sketch titled “The Dogefather.”DOGE/BTC daily price chart. Source: TradingViewBefore his appearance, the billionaire....

Elon Musk is tweeting about Dogecoin again as DOGE rallies 25% on Binance. The price of Dogecoin (DOGE) rallied by roughly 25% on Dec. 20 as Tesla CEO Elon Musk once again drew attention to the meme-inspired cryptocurrency. Elon Musk and his enthusiasm toward Dogecoin is a long-running meme. Every once in a while, Musk likes to tweet about Bitcoin (BTC) and the crypto market. When he does, the market reacts to it quite aggressively.Musk last tweeted about Dogecoin in July 2020, when he said he foresees a "Dogecoin standard future." At the time, DOGE rallied 14%.The reason behind Dogecoin’s....