Dogecoin price risks 40% correction despite Elon Musk-Twitter euphoria
Elon Musk buying Twitter for $44 billion boosts Dogecoin by 25% in the last 24 hours, but selloff risks persist. Dogecoin (DOGE) prices flipped higher in the last 24 hours after its most celebrated backer, Elon Musk, purchased Twitter for $44 billion. At its best, Dogecoin had climbed to $0.17 on April 25, albeit still down 77% from its record high in May 2021.Twitter’s native currency: Dogecoin?DOGE’s price rose by nearly 25% to $0.15 on a 24-hour adjusted timeframe, confirming that traders considered Musk’s acquisition of Twitter a bullish event for Dogecoin. The reason: Musk’s long-time....
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Dogecoin finds an unsurprising supporter in these gloomy crypto market atmosphere in the person of none other than the all too familiar Elon Musk himself. After declaring on Twitter that he will “keep supporting Dogecoin,” the popular crypto’s price spiked 8% to $0.058, Monday. Anything Musk says on Twitter – about DOGE or anything else […]
Tesla and Spacex CEO Elon Musk has suggested making the meme cryptocurrency dogecoin (DOGE) a payment option for the Twitter Blue subscription service. Musk is now Twitter’s biggest shareholder. He recently promised to bring “significant improvement” to Twitter.
Elon Musk Suggests Allowing Payments in Dogecoin
Elon Musk, the CEO of Tesla and Spacex, has actively been engaging Twitter’s users regarding potential improvements to the social media platform since he took a 9.2% stake in the company and promised to make “significant....
Tesla and Spacex CEO Elon Musk says that dogecoin has potential as a currency. However, his Twitter buyout deal has been put on hold “pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.”
Elon Musk Says Dogecoin Has Potential as a Currency
Tesla CEO Elon Musk has made another bullish statement about the meme cryptocurrency dogecoin (DOGE) despite massive sell-offs across the crypto market.
Musk affirmed that dogecoin “has potential as a currency.” His tweet was in response to a....
The US Securities and Exchange Commission (SEC) has taken legal action against Elon Musk, the billionaire entrepreneur and Dogecoin supporter, seeking to compel his testimony regarding the acquisition of Twitter. SEC Fires Legal Salvo At Elon Musk Attorneys representing the SEC alleged that Musk failed to appear for a scheduled testimony on September 15, violating […]
Tesla and Spacex CEO Elon Musk has shared his views on a variety of topics, including crypto investing, why he supports the meme cryptocurrency dogecoin, “unresolved matters” in his Twitter takeover bid, and the likelihood of a near-term U.S. recession. Elon Musk on Crypto Investing Tesla CEO Elon Musk shared his thoughts on a wide range of topics in an interview with Bloomberg News’ John Micklethwait at the Qatar Economic Forum Tuesday. Crypto investing was among the topics discussed. Musk was asked whether he thinks people should still invest in cryptocurrency given....