• 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

Amazon Considers Selling AI Chips to Compete with Nvidia

chest

Amazon is reportedly in early discussions to sell its Trainium AI chips outside of its AWS cloud services, potentially increasing competition with Nvidia.

user avatarGustavo Mendoza

Brazil's Crypto Market Sees Significant Growth

chest

Brazil's crypto market received $318 billion in onchain value from July 2024 to June 2025, highlighting its significant growth and central role in Latin America's crypto adoption.

user avatarRajesh Kumar

Morpho Secures $175 Million in Record DeFi Funding Round

chest

Morpho has raised $175 million in the largest funding round in DeFi history, co-led by Paradigm, a16z crypto, and Ribbit Capital.

user avatarMiguel Rodriguez

New Bitcoin Derivatives Contracts Launched

chest

A new set of 24 Bitcoin derivatives contracts has been introduced, focusing on accuracy and relevance in trading.

user avatarLuis Flores

Shiba Inu Exchange Balances Decline Significantly

chest

Shiba Inu balances on Binance have reportedly fallen by 1101 trillion SHIB over the past month, raising concerns and interest among traders.

user avatarMaria Gutierrez

Capital B Secures Shareholder Approval for Aggressive Bitcoin Treasury Strategy

chest

Capital B has received shareholder backing for a significant Bitcoin treasury financing plan, allowing the company to raise capital for future BTC accumulation.

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.