• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Elon Musk's Tweet Effect on Dogecoin

user avatar

by Giorgi Kostiuk

2 years ago

Elon Musk is back in the headlines, prompting mixed reactions in the cryptocurrency market.

Elon Musk's Influence on the Crypto Market

In 2021, Elon Musk's posts caused significant fluctuations in the cryptocurrency market. His social media activity was notably linked to dramatic movements in Bitcoin in the past.

The New Tweet and Its Impact on Dogecoin

Just minutes ago, Elon Musk made a post mentioning 'DOGE.' He shared a photo with his three dogs, including a Shiba Inu, with the playful question: 'Who unleashed DOGE?'

Who unleashed DOGE?

Market Reaction

Despite the buzz surrounding his tweet, DOGE did not see a significant jump, lingering around the $0.33 mark just minutes after the post. This highlights that the 'old days' of swift market reactions may be behind us.

Elon Musk's tweets continue to be a subject of discussion, though their market impact might not be as strong as before.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

CZ Zhao Issues Warning on Hardware Wallet Security Following Major Exploit

chest

CZ Zhao warns cryptocurrency owners about hardware wallet vulnerabilities following a major exploit that resulted in significant losses.

user avatarEmily Carter

Upbit Conducts Major Internal Wallet Reorganization of SHIB

chest

South Korean exchange Upbit has reorganized 864 billion SHIB across its internal wallet addresses as part of a standard internal rebalancing process aimed at managing liquidity and security.

user avatarTomas Novak

Avalanche Staking Value Reaches $20.477 Billion

chest

Avalanche's staking value has reached approximately $20.477 billion, indicating strong network participation.

user avatarMaya Lundqvist

Helicon Upgrade Activated on Fuji Testnet

chest

The Helicon upgrade has been activated on the Fuji testnet, marking a significant step in Avalanche's development.

user avatarKaterina Papadopoulou

Avalanche Awards Grant to YourGrails for Tokenization of Physical Trading Cards

chest

Avalanche's Team1 Accelerator awarded a $30,000 grant to YourGrails for tokenizing physical trading cards, supporting the growth of the real-world asset ecosystem.

user avatarLeo van der Veen

Aave Governance Considers Wind Down of Low-Use V3 Markets

chest

Aave governance is reviewing a proposal to wind down six low-adoption V3 markets and offboard dozens of reserves to reduce operational complexity.

user avatarLi Weicheng

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.