• 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

Robinhood Expands into Stablecoin Yield with New Earn Structure

chest

Robinhood has launched a new Earn structure offering a 7% APY tied to USDG, entering the stablecoin yield market to attract users and enhance engagement.

user avatarMiguel Rodriguez

MEXC Reports Surge in Demand for SpaceX-linked Derivative Products

chest

MEXC reports a significant increase in trading demand for its derivative products linked to SpaceX, highlighting a trend in crypto exchanges offering synthetic exposure to private assets.

user avatarLuis Flores

Dave Portnoy Reveals Major Losses in Bitcoin Trading

chest

Barstool Sports founder Dave Portnoy reveals significant losses in Bitcoin trading, expressing regrets over his investment decisions.

user avatarArif Mukhtar

SEC Reports Stronger Capital-Raising Environment for Q2 2026

chest

The SEC's latest market statistics update indicates a stronger capital-raising environment for Q2 2026, highlighting increased IPO proceeds and its significance for crypto companies.

user avatarMaria Gutierrez

Farage's Financial Connections to Donor Questioned Amid Lobbying Claims

chest

The investigation into Nigel Farage's lobbying activities reveals his financial ties to billionaire Christopher Harborne, raising concerns about potential conflicts of interest due to a significant undeclared gift before the July 2024 general election.

user avatarZainab Kamara

New Analysis Created Utilizing SEC Data

chest

The report is based on information sourced from the SEC, providing stakeholders with accurate financial insights.

user avatarAndrew Smith

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.