• 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

6 months 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.

Other news

Goldman Sachs Anticipates Three Federal Reserve Rate Cuts in 2025

chest

Goldman Sachs forecasts three Federal Reserve rate cuts in 2025, starting in July, potentially impacting cryptocurrency investments.

user avatarGiorgi Kostiuk

Circle Seeks U.S. Trust Bank License: Impact on Stablecoin Market

chest

Circle has applied for a U.S. trust bank license, which may enhance trust in USDC and impact the stablecoin market.

user avatarGiorgi Kostiuk

Investment Bank Benchmark Sets ¥2,400 Price Target for Metaplanet

chest

Benchmark has given a buy rating to Metaplanet and set a price target of ¥2,400, signaling interest in cryptocurrencies in Japan.

user avatarGiorgi Kostiuk

Cryptocurrency Trends: BlockDAG Raises $326M, AVAX Holds at $15, HBAR Declines

chest

The cryptocurrency market sees BlockDAG's $326M presale success, while Avalanche and Hedera face challenges.

user avatarGiorgi Kostiuk

Backed Finance Introduces Tokenized xStocks on Bybit and Kraken

chest

Backed Finance launches tokenized xStocks, enhancing investment access and aligning with MiFID II standards.

user avatarGiorgi Kostiuk

Connecticut's Legislation Prohibits Government Crypto Involvement

chest

Connecticut's law bans cryptocurrency activities for state governments, highlighting measures against financial crimes.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.