• 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

a year 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

Justin Bons Defends Hyperliquid HYPE Against Solana SOL

chest

Justin Bons defends Hyperliquid HYPE against Solana SOL, emphasizing its design choices and product execution for superior trading experience.

user avatarLuis Flores

Dogecoin ETF Launches on Major European Exchange

chest

The Dogecoin Exchange-Traded Funds (ETFs) have debuted on Xetra, marking a significant milestone for the cryptocurrency sector.

user avatarArif Mukhtar

Regulatory Changes Boost Dogecoin's Market Position

chest

Regulatory changes by the SEC and CFTC classify Dogecoin as a digital commodity, reducing uncertainty and potentially attracting institutional investment.

user avatarMaria Gutierrez

Dogecoin Shows Strength Compared to Bitcoin

chest

Crypto analyst Trader Tardigrade highlights Dogecoin's bullish momentum compared to Bitcoin.

user avatarDavid Robinson

Coinbase Institutional Releases Q2 2026 Crypto Market Outlook

chest

Coinbase Institutional has published its latest outlook for the crypto market in Q2 2026, framing its position as neutral due to ongoing geopolitical uncertainties.

user avatarAndrew Smith

Public Misconceptions About AI Content Highlighted in New Study

chest

A survey reveals that most Americans hold misconceptions about the negative impacts of AI-generated content, despite data showing no significant evidence of harm.

user avatarJacob Williams

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.