Bitcoin Forum

While it still applied, you can directly visit https://twitter.com/ to see it. Or if it already changed, here is the archive: https://archive.is/flHAn

As per CoinGecko (https://www.coingecko.com/en/coins/dogecoin), it is up almost 20%, in the meantime. Upon checking further, I can not find any news regarding it. Does anyone know the reason behind it? Does Elon just playing around?

Or is it has something to do with the matter of Elon's lawsuit in regard to market manipulation with Dogecoin?

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UPDATES:

At this point it is impossible to know what Elon is thinking but to me it seems that he just likes to play around and feel the power he has over dogecoin, and obviously dogecoin holders love this as they know that this coins can go up in value literally overnight for no reason at all, after all even if Elon did this and the Twitter logo was changed to the logo of dogecoin, in which way this changes anything at all when it comes to the supply or the adoption of dogecoin? Nothing has changed, but speculators can use this to manipulate the price and earn a lot of money relatively quickly.

This is insanity.
Why in the world would any serious businessman would do this? It seems that at this point Twitter is just a toy for Elon Musk to mess with rather than a way for him to made money off. It is not even April 1th anymore.

Imagine serious people from around the world login on their accounts to see that, not even mentioning that this does not help the case against his alleged inside trading accusations.

Some may say that Twitter is too big to fall, but if things continue to get weirder and weirder, it may be just a matter of time before people get fed up and move onto a competing platform.   ::)

Elon is a known troll why wouldn't he do this just to get everyone in a frenzy lol.  Watch doge slowly slide back down.  It's just a ploy to keep the public eye on him and his businesses.  He is smart he knows that would go viral.  His ego is going to crush the wallets of many around the world.  Sad.

I am thinking he has totally lost it. Acting like edgy 14 year old and trying to make some sort of point about lawsuit against him:
https://cointelegraph.com/news/elon-musk-requests-dismissal-of-258b-dogecoin-lawsuit-report
This is definitely connected. I guess he thinks he can't lose more by showing big middle finger to prosecutors about the lawsuit.
But this is definitely going to put more gasoline on the fire. He could end up losing bloody everything. And he has a lot to lose.

The guy has Aspergers. It's been known afaik, kids who have this always have a playful mind. It's annoying sometimes but creative at the same time.

But he must be playing around. He always does. But we really can see the effect of it when he does something with Doge. It suddenly can change the market by a simple prank but I still can see the Doge logo. What happens to the Twitter coin plan if he will just use Doge on Twitter? 

it seems doge really need constant shilling for it to have meaningful increase, honestly it's just funny how after hundredth times of doge shilling attempts some famous figure influence aren't fading, i'd expected such shill to be useless after so many similar attempts and it seems i was mistaken.

We can't put aside the participation of Elon Musk in this situation as we know that he is the owner of Twitter now. He is playing the market before and promoted Dogecoin, everything that happens to this project will always address to Elon Musk's idea. Surprising? Not really as we are aware of the possibility that one-day Dogecoin will hype again due to the influence of Elon. Though not already it was in that situation however it gives us an insight into what is likely to happen when he promotes Doge as followers will then follow.

delayed april fools, elon's madness in this matter is too much too often he plays doge just for his own purposes, I don't know what else his purpose is using the doge label, if only to cover up the case it's very childish

https://i.imgur.com/vgwgrst.png
https://twitter.com/elonmusk/status/1642976364080041984

I guess he missed the April Fool's day by a couple of days... Do you think someone should tell him that?

Regardless of his motives, I am certain that he knows how to capitalize on them. It is unfortunate that there are people who follow him and view him as a savior, but I cannot help but feel sorry for them.

sometimes I really think that maybe elon is accumulating all that doges and artificially pump the doge value with all his means because honestly if it's just for joke, this is getting old, I think elon is more than just doing april fool day, there's certainly more ulterior motive there.

this gonna be temporary increase anyway, no way such thing gonna be sustaining until next bullruns, mainly because everyone are just finding spot to get their exit liquidit at this point, elon's shill wasn't as influential as it was back then, only small rally nothing more. moreover, many aren't really focused on these meme coins anyway, right now there are better things to look out for like arbitrum which definitely has the utility and gonna holds its value for longer than things like meme coins. I'd say this was a really bad april fools joke if it is one, mainly because it seems like elon is just trying to capitalize on every opportunity available it seems just like many have said. but that doesn't mean he's at wrong.

Is this just a net trap from Elon Musk that we have seen so that we are interested, it's interesting that the Twitter logo has been changed to the Dego logo. it looks like Elon Musk's game will start again but it's very minimalist because there were many Elon Musk FUD victims last year, it looks like there will be a lot of drama to come

This is just another way for elon to create hype for doge coin since his tweet has no power anymore to drive the community to hyping a token or coin. I see nothing important in the logo change. The price will be dumped again very soon.
Mark my word. This is just temporary pump that is happen as always in the crypto. Elon is always acting like a troller. Who the hell people buy doge coin due to the this reason? They must be stupid enough

For sure, it's another April fools' joke. You know Elon Musk, since before, he really making fun of Dogecoin.
I believe that after this, he will do it again. For sure a lot of bots made a lot of profits for this, I believe that there are a lot of bots waiting on every tweet of Elon Musk and these bots are auto-buying dogecoins.

Oh my goodness, what Elon Musk did? He's just so hilarious!

Now, I understand why the price of dogecoin went up today. Fact that he does things just because he can. He even promised to change the Twitter logo to a doge before - and it looks like he's keeping that promise!

Actually Just Now Trending On Twitter TO THE MOON This Words But Elon Must Yesterday One Tweets With Doge Coin And So Many People’s Now Thinking Twitter Birds Changing Elon Musk And Put DOGE Photos For Twitter I Hope It’s Not Possible Right Now Elon Musk Know As Well What Will Be Happening Soon.

If I were the authority I would sue him for manipulating market prices, I don't understand if he is taking it seriously and seeing problems later from this action.
Indeed, this man holds many roles that he may not have imagined, a comedian that is just right for me in real life. This will probably be the most exciting news in the coming days, and let's see how the doge price will continue to react to this event.

Elon Musk loves attention and he gets that this days from crypto twitter that he has bought so of course he'll play with the platforms as he usually does with other of his businesses. Elon is just having fun and that's what this is all about.

Elon Musk is a very simple man, if we take his joke seriously then that's our own problem and I feel sorry for people that are going to buy dogecoin thinking this has something to do with Twitter adopting dogecoin.

We're in the month of April so this might just be another April fool's pranks and Elon will remove dogecoin logo very soon. For those that benefited from this pump, I advise they take profits immediately before it dumps.

He may be just joking at this point but the effect of this kind of event on the investors is huge and you will see that there will be some movement in the price of DOGE surely it will gonna raise once some people will decide to buy a huge amount of it in this next days. But I think it's better not to take this event seriously because it won't gonna be last and Elon might just fool us around because he can't just do this and completely change one of the most popular Social Media icons all around the world.

A thing that was done was extreme enough to make it seem like he could do it like before :D He even changed the twitter logo even though it was his but it's kinda childish lol. Let's hope the logo doesn't change again because it could lower the price of doge again lol.
Regardless it looks like he has gone back to trying to lift this coin as he wished but still I don't think something like this would be of much use even if the current effect is pretty good but this is only temporary and the coin he raised again went down in the end.

That is very likely has something to do with it. On Friday, the lawsuit dismissal are requested, and Monday, he changed the logo. I didn't expect the logo change going to be this long since it is still shown on Twitter and that is the reason I put the archive link on OP.

Though, the lawsuit itself is absurd, it is expected that Elon would "mock" such kind of behaviour.


Noting the connection and the correlation of what has been happening, the dismissal request and he tweet a screenshot of a tweet that told him to buy Twitter and change the logo to doge, makes seems it pretty connected, not just for the sake of April fool or playing around.

Someday Musk finish badly and have to answer to a court of law or pay a hefty fine. Well that's obvious market manipulation, especially since he is a big DOGE holder. When the SEC comes to him, will he also refer to his illness and that he didn't know what he was doing? It seems like he just bought this social network and decided to turn it into some kind of toy to satisfy his own needs and he doesn't care about the audience and investors.

Sure, i have aspergers too. That doesn't make people annoying, it amongst other things means you need to be extremely direct with communication. They can seem like they disrespect other people but that's that's an error in communication with other neurotypes. You cant hide behind autism to justify shitty behavior side. Autists often know when they are acting wrong and can easily apoligize their melt downs etc. People aren't disliking him because he is rich, there's a reason why his family left him and more i learn about him and his attitude, more i

And don't get me wrong, he has his good side, i have liked him in the past, but people seem to overestimate how intelligent and capable he is just because he has been the richest man in the world. That doesn't obviously guarantee he would know how laws and world work. Lawsuit being example A.

Found from the internet, i guess he wanted to do that as he still can:
https://i.imgur.com/vYZBLl7.png

There is your answer:


Imagine how much profit speculator Elon Musk and his partners have done with this joke. It's really worthful to have a big company under your control, so besides profiting with the business, as usual, you can also profit by speculating crypto adoption meanwhile. We can't deny Elon Musk has a different level of ability and intelligence to make money though the most unusual existing methods. Touché to him!

I don't know how long the Doge logo will remain on Twitter, but until now, Doge has remained the longest as its icon.
He does what he wants, of course, what he owns is his right, but can this be called market manipulation because of his influence, causing prices to go up again because of this? Of course all the doge community wants Elon Musk to make an impact on his tweets again but I feel careful when doge will drop more sharply.

Still, this meme coin is Elon Mush's toy, when he talks about this coin, the price will go up and many people say that Elon has done his thing.

Whatever he does must be profitable. somehow, by way of a Doge joke he could do it on twitter. He has control over twitter and he can do anything with it. For doge holders this is very good news, taking more profits. But I don't know how long the Doge logo will be on Twitter, but as long as Elon continues to play Doge, the Doge hype will always be there.

He having Aspergers is a fact or a rumor. Also, as far as I now Aspergers is not longer a term accepted among those in the psychology community, it has be redefined as part of the Spectrum of Autism.

If I had to guess, he just felt bored and recalled he had mentioned some random he would do that to the Twitter logo and did it, so he can test how much power he still has over the market.

I wonder how much DOGE he had before doing so and if he actually took advantage and sold afterwards.  ::)

Good for all Doge holders but I’m convinced at this point that it only pumps hard when Elon shills it. When he stops, has it got legs to continue to increase in price in say, 10 years? I really doubt it to be honest.

Let’s see what happens but I don’t think it has much of a future. Elon enjoys the God like status he gets from the Doge community.

Saying all this it can probably still do a 10 x from here.

After this event, now we all-know in the next few days.

NEW NEWS: SEC has been calling "Elon Musk" due some market manipulation a few days ago by changing Twitter Logo into DOGE Picture. I will believe this news will came out, and SEC trying to take this as market manipulation ~LOL.

It's funny at the same time.

It's tuesday evening now, at least here in europe and so far the Dogecoin logo is still up on twitter, so it seems like this maybe could stay that way for a few more days or maybe even longer, who knows. I already wrote this in another thread, but i really don't like it, that it is enough, to post the Dogecoin logo on a famous website to make a project that is among the top 10 crypto projects pump more than 30%. This just is another proof, at least for me, that the crypto market as a whole is by far no mature market yet and i am afraid, that serious investors from outside the crypto world are put off by stuff like that.

I think dogs are a child of a mask and he manipulates this altcoin in price, but in fact this altcoin will not grow in the future because it is artificial, as for me I would not get into this crypt because this coin has no future.ilon the mask will continue to manipulate the price. but this is my opinion and I will not impose on others

Certainly a new game from Elon Musk, after his acquisition of Twitter for billions of dollars, it must be time for him to get back these billions that he paid to buy Twitter.

Elon Musk must have bought massive amounts of Dogecoin at a low price and now it's time to sell it at a high price, in the meantime let's have fun and earn some extra dollars.

We don't know what the reason behind this either to do this which results in price of dogecoin manipulated or just trolling until the logo will be changed back to its original logo.


What do you mean about artificial?. Other coins or altcoins are artificial too since it is made by humans and not occurred or created by nature. Being artificial doesn't mean it doesn't have future. Take another coins or altcoins as example which has future or have a good potential evem though it's artificial.

This could be another round of hype from him, I'm thinking now if he holds a lot of Doge or he is already part of the team.
Another opportunity to ride the trend and make profit, just make sure you know when to exit because the hype is not forever and for sure Twitter will use its old logo maybe this is just part of the April strategy of Twitter, to regain its popularity again so be cautious and trade responsibly.

I believe it won't stay there for too long, just like the bitcoin payment method on Tesla also didn't last for too long. When the person is a speculator, nothing he does stay for too long, since is constantly in need of changes and new hypes to continue making profit. That is the methodology used.

I hope this time people don't enter the hype at its end, otherwise they may lose money, exactly as SHIB investors did when they purchased the token after seeing Elon had posted a shiba dog on his Twitter, and right after he made a tweet stating he had nothing to do with SHIB cryptocurrency.

even though it might cause uproar it seems elon shill for doge has fading in influence, the value might be increasing but honestly it's just a fraction unlike it was back in the past where the price could literally jump really high but it seems it just slight increase and everyone call it a day, even worst, the price aren't holding pretty well, I guess meme coins are really trend of the past right now.

Ohh wow, Did you think that Elon purposely do this joke after april fools day? Because maybe there's no price impact if this done dyring april fools. If this is meant as a joke for april fools, I don't think this is some kind of market manipulation, but yeah there are many that will speculate that this is manipulation and even me thinks that Elon just wanna cash out some of his DOGE. Speculations are endless and every move that ELON do with DOGE will be the talk of those who are interested in DOGE.

we don't know his motives right now. but tried to check the site and while even loading the page, you can indeed see the doge logo. something is cooking for sure. let's see and wait what's his next announcement. maybe, they are also checking the pulse of the community on how they will react on this simple advertisement of doge.

https://i.imgur.com/PKsafRm.png

I think this could be Elon's next joke to increase attention on April 1st.  It seems to change that in such a way.  Since Elon took over Twitter, there have not been many highlights and outstanding developments, the troubles related to layoffs and internal turmoil caused twitter to lose half of its value.  From my observation this is how he flaunts once again, Doge has risen but it already has certain levels of doubt :))

still baffles me how much influence elon still had over the cryptocurrency space considering the fact that after series of shilling many still considers elon to be something like their financial decision.
i guess even if elon said that this coin is shit then many will also consider it shit and the value would be gone over the course of night which is ridiculous.

Well, when talking about manipulation and relating it to Doge and Elon, I don't think this is the first time and I'm not too surprised about something like this because he is a specialist in this matter. But in this condition it really doesn't matter too much if someone wants to take advantage of the momentum, it's just that I'm still quite worried about some new people and those who just join in on this because when the time runs out and they don't leave sooner then they will be fell and got stuck there.

Well we know how much Elon power is to certain crypto so no wonder when Twitter changes its logo Dogecoin surges 20%. As investors, we shouldn't FOMO just because it surges 20% since it can be a temporary price increase. Manipulation is not new in crypto just like the government manipulates many crypto assets so they can buy the crypto at a discount rate.   

If it was an April fools joke, it should be put on 1st April only and then it will be removed the next day but we are already on the 4th of April and the Doge logo is still there. Maybe Elon Musk did really mean this because he already have some experience on using the coin on some of his businesses before. That too is not a joke but anyway, joke or not, many doge investors, supporters and bot users won't really care at all because what is important for them is they are earning on this news.

For the regular Twitter users, I think they are annoyed when sudden changes like this occur. I still prefer the old logo of Twitter. I find it cuter than this new Dog/Doge logo.

It is a private company owned by Elon Musk and he shelled out $44 billion and if he wants to change the logo, so be it and it is a kind of promotion for the cryptocurrency market as well as people who are not even in this space will try to learn about the change in logo which is an advertisement which is unprecedented.


Richest person in the world and the allegation of making money by inside trading :D.

I do not have anything against the concept of private company and anyone doing whatever their want with their own money and their own businesses, but he seems to imply he can do whatever he wants with Twitter and people will just go along with it, because Twitter does not have a serious competitor for now.

When there is no competence is when we start to see these circuses appear.  ::)
There are better ways to advertise Bitcoin and altcoins.

Also, only because someone has a ton of money does not mean they cannot commit financial crimes or are subjected to infractions, one can easily find several examples of financial crimes carried by people who were set for life.

He has also posted a meme about it here: https://twitter.com/elonmusk/status/1642962756906418176

And by the time I'm writing this, the logo is still there and hasn't been changed, I wonder what is his motive behind this. If it's about the lawsuit, I don't think that this is going to help him in any way, and if he is just trolling the authorities then this can get dirty I believe unless he can use his money power to turn things around if that works.

However, whatever the reason is behind this, the people who might have bought and stored doge must be enjoy these times as their tokens have gained a significant value in these couple of days.

As a meme-based cryptocurrency, DOGE has always had a strong community following. The recent surge in its price after Twitter changed its website icon , the dog breed associated with DOGE, is a testament to the power of online communities and viral marketing. However, it's important to remember that DOGE's price is highly volatile and influenced by a variety of factors, so investors should approach it with caution.

Wasnt aware about that changed icon, whether it would really be that true or not, the real deal on here that shows that Elon could really make out significant movement of a certain coin whenever he do make out some shill or tweet out it which is something not that surprising. This is why whenever he do make out some tweet, then people do really look after that if there would be some hints or
whatsover thats connected to any coin because if it does then for sure it would really be having those pumps which is something that new anymore.
This had been always the common impression.

There’s a huge risk here so deal with care because Elon can change his mind anytime and it happened already before for sure, the price will be more volatile. The hype of Elon to DOGE is very influential, by just changing the logo of the twitter the price reacts on this, what will happen to DOGE if twitter backs its old logo? That can be more worst.

it's true we have to be careful in this matter, elon can throw away doge at any time like he did before,
the twitter logo will return to how it was before i'm sure and doge will experience a decline and stop at a certain price

It has really, a reason why we couldn't think that it will collapse. The more it was talked about on social media, and promoted by influencers, the more it gains momentum and price spike, and that is how social media affect the mindset of the people. Now, it was still to know that Dogecoins has a huge chance to grow during the bull season and I believe that people are expecting much from it just like how they see before. Though there is no strong participation of Elon Musk, this project still have the roam for another ATH in the coming days.

All smoke and mirrors from a known troll.  At this point outside of greed why would you put your money into doge.  It is the single most manipulated coin out there.  Elon can drag that thing up or down on a string whenever he likes.  The stress in having one guy say one sentence which can alter your portfolio is insane. 

I think he should think again to live up to his words because he bought most of Twitter stock ain't cheap. Changing the logo is not an ordinary matter because the logo is related to the identity of the company and people know Twitter uses a bird logo, not a dog.

5 days in to the april and I doubt this changing of logo could still be considered as april joke because it's way past the day of the april joke.
I guess elon is either really favour doge so much that he's willing to put it as a logo in his billions dollar platform or he just trying to manipulate the market no one knows for sure but what matters is that, this joke of his, could really influence the meme coin hugely.

Well I think there was many of us who did think this was just a joke. I think the website icon was changed on April Fools day so we have every reason to think it was just a prank by Elon Musk.

I did not think he would keep this icon up for this long. I wonder to myself if it is a permanent move or he will take it down. It is now almost 1 week of no blue bird so starting to think we might expect some more news from Elon Musk favorite coin doge.

While it can be disconcerting it is not as if we lack an explanation for it, dogecoin is a shitcoin, many do not like to admit this but is the truth, and this means there is not really any fundamental reason why it has such a high value, however since people keep buying it and the demand is high then it can still keep itself as one of the top coins we have on this market, but this means the coin is susceptible to be manipulated, and with Elon being as powerful as he is then manipulating the price of dogecoin is not difficult at all for him.

I think whatever Elon Musk does for Doge (promotes it) will not change Doge Coin for the better, when Elon did that, Doge Coin did rise from 0.077$ to 0.1$ and now it has decreased to 0.085$ in my opinion this continues happened and there are still many people who are being fooled, Elon only sees Doge as a toy

I never saw it but I did see pictures of the DOGE logo on twitter. I didn’t think it was real to be honest but today I read that the bird icon is back. Apparently that means it did really happen. I thought it was most likely me hearing about a late April fool’s joke. Maybe that’s even what it was… Weird regardless.

Well now look like I have said it too soon. Now Twitter has removed the doge logo from the application. And the price of doge coin has fallen 9% in the last 24 hours so again Elon Musk is controlling price of his favorite coin.

https://fortune.com/2023/04/06/elon-musk-dogecoin-twitter-home-button/

I noticed it also a few days ago, which is shocking. I thought they changed the loading icon to the profile of the person when you checked it, but when I tried other people, it was really Doge,but when I tried it now, it is gone already. ELon is just making fun of Twitter, I mean, its for his entertainment, lol. But for sure, we know the hidden agenda on Elon's part: to pump dope and have fun.

He makes fun both of Twitter and DOGE. I find it kinda funny how people were kinda hyped when DOGE was pumped by 30%, but it came back to the old numbers, just as I thought.

Do we need a news regarding that? Of course Elon is just playing with the investors again, and look what happened to the price of DOGE a few hours after he changed the logo of Twitter to logo of DOGE.

Currently, the price of DOGE is going down already, and it just shows that Elon is still capable of tricking newbie investors with regards to DOGE. He is making fun of his newly acquired social media platform, the coin itself, and the investors themselves. I still can't forget a meme (I think) where it says there "Let that SINK in." a few hours after he acquired Twitter, and in that picture, he is going to his office holding a real sink.

Elon's mind really isn't the same as other rich businessmen out there. Well, at least he has a humor unlike others. :D

This proves that Elon can still manipulates people that follows DOGE. Now that the DOGE logo is removed and reverted into original twitter logo again, The price of DOGE suddenly dumps making those people who bought DOGE at that time lose some money. I hate it how people are still buying these non-sense logo changing. We know that it won't be a permanent change and I personally think that it isn't an achievement that a twitter logo is changed by a dog logo. We can see how powerful people are when they acquired a platform that is being used by many especially in crypto space.

I don't want to laugh at these plays, but really people are overthinking about it. While the source of this information did not have any clear feedback on the future, and now look at the price reaction after twitter returns to normal.
Perhaps many people will see Elon Musk as a manipulator of this market, but really, perhaps when we stand outside and observe the reaction of the crowd, we will gradually realize that those who know more than us don't believe it indiscriminate manipulation.

As expected, this is a clear price manipulation and Elon should be liable for this.
We all know his influence, and by just a simple move towards a specific project it creates hype that can put a lot of investors at risk. Hoping that many already learned the lesson of a too much hype project, always expect for the correction. Does anyone here lose a lot of money because of this hype? Better to sue Elon for this and stop him from doing this again in the future.

What on earth is Elon Musk turning Twitter to at this moment I give up on that social media since it has become highly centralized since it changed ownership, I was amazed when I saw the dogecoin logo replacing the Twitter bird 🐦 logo for a while before it was taken off and this shows the total control of the platform and it used to promote a meme coin such as Dogecoin.

But one fact is certain, that is Elon Musk will run out of ideas to push dogecoin to everyone's face and try to pump its price for the interest of his huge investment in the project.

Elon Musk is well-known, so there is no way that he would promote a project without immediately seeing its cost soar. Not even Doge. He is aware that many people follow him in everything he does, whether it be with cryptocurrency or something else. This explains why you occasionally see him promoting Dogecoin. Don't blame for that.

Within hours after Elon Musk's recent shill post on Doge, the price of Doge soared from 0.07 to 0.1. That illustrates his Twitter influence in the cryptocurrency world

I thought it was an April Fools Joke as well, but we all know who is the CEO of Twitter right? I don't think he is just toying around with it though. It could be something around the lines of publicly promoting Doge coin since he's holding it anyway so he wants to generate plenty of hypes into it therefore pumping its price so that it would be beneficial to him since he already did the same before.

Twitter became a really weird place after he took over, huh.

Elon Musk definitely know when to take advantage of his position and power to make a meme coin surge even for just a short period of time, for those who have successfully rode the wave during that time, I'm certain that they are just too happy right now but for those who didn't and failed, they maybe cursing after the drop. I mean, they can't blame anyone especially Elon because they are the ones who chose the coin and I know they know the risks with it.


Well, here's what happened: Dogecoin Drops After Elon Musk's Twitter Stops Using Its Dog Logo (https://www.coindesk.com/markets/2023/04/06/dogecoin-drops-after-elon-musks-twitter-stops-using-its-logo/)

Not really sure if that can serve as a promotion for cryptocurrency since it is only a logo and a person who isn't in cryptocurrency in general wouldn't really know that the logo represents a cryptocurrency, unless they have so much extra time to open Google and do some research of their own about it only to find out what the change is about.

Elon Musk really surprises the world at times, and this is a classic example of that. We thought it might be for a few hours and will be removed after that, but as I can see, it's still there, so I wonder what his motive is behind this.

I am not a lawyer, but assuming he did this in order to profit off some Doge holding he has, then I think that according to the law of the United States against inside trading, he was supposed to disclose any significant amount of Doge he had, so the regulators would assume he is partaking in fair-game and not manipulating the market to his favor.

It would be similar to him having to make public is intends to sell some of his Tesla stocks.

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Education is better than raw promotion of the world of shitcoins to people who do not even know what a shitcoin or a ponzi is.
Imagine after this is gone, thousands of people start to buy not only doge but any kind of dog scam and getting scammed for thousands, that is not the first crypto-currency experience I want the mainstream newbies to have, to be honest.
 

You are correct that under United States law, insider trading is prohibited, and individuals who have access to material non-public information about a security are required to disclose that information before trading. This applies to traditional securities, but I am not sure is it the same for cryptocurrency assets like Dogecoin. It is my belief that Musk is fully aware of the legal requirements, but given his past behavior, he may be deliberately taunting the SEC and testing the limits to see how much he can get away with. It is not uncommon for Musk to make controversial statements or take actions that seem to challenge established norms and regulations, and he often faces criticism for this behavior.


If I recall correctly, he pulled a similar stunt with Tesla's stocks before, did he not?

It’s high time we all stop the unnecessary speculation right now guys, yea we are well aware the huge role Elon musk played in the public growth which turned it to a price surge for Dogecoin.

I still don’t think Elon musk still has that influence or he wanting to own such influences on Dogecoin. He owns twitter and he can decide what’s best for his business and it’s just coincidence the small rise on Dogecoin.

There is no doubt that Elon Musk is one of the Dogecoin Whales, he and those people working on Twitter would have benefited greatly from these changes, this is pure market manipulation, it is even possible he bets in both directions before the logo was changed and after the logo was changed. Even a novice trader knows that when the logo was changed that the price is likely going to dump and this is one of the best short trades this year.

People will be suprised if Elon rename Twitter to Barker or Barkings ;)

We could assume that Twitter benefits something but I know he earns more than Twitter. Because till now, we never know and actually don't have any idea how much Dogecoin he holds. However, I don't think this is the reason why he buys Twitter, might he use it as a medium to spread his influence and make people know his name? And I see how effective it was because despite the thing he did before, many people are still relying on his words and yes, that is exactly what we see now.

Lol, but who knows, this guy is eccentric and wanted attention so let's see,  ;D

Again as others have said, the rally was simply a manipulation by Elon and wanted to test the market if he still has some influence on it or not,


https://thenewscrypto.com/elon-musk-twitter-doge-set-dogecoin-only-to-a-brief-bullish-rally/

So just imagine if he did this to the bull run, (maybe this will be his next move), it could drive the price even higher.

In order for your doubts about the influence of Elon Musk on the price of Doge to disappear, it is enough to look at the posts on Twitter and compare with the change in the price of the coin. For example, when Musk changed the Twitter logo to Doge, the price of the coin increased by 25%. And accordingly, the price dropped by 15% after he removed the Doge logo from Twitter. So this is not a coincidence.

His behavior is very condemnable, but I think those who are losing money should blame themselves more than blame. One of the things that I've noticed quite clearly is that many newcomers to the market don't really research the returns or risks behind their investments. Many people do not define what their initial investment is, they are more like gamblers with this market.

If it's so obvious, why do most people still fall into this trap and run to buy an asset after Musk did something with the logo. This is absurd. The coin didn't get any additional distribution, there were no new announcements or developments, someone just wanted to have fun and stick the badge where it didn't belong at all. People blame all their losses on Musk, but for some reason they still can't stop reacting to some of his next manipulations.

My guess is FOMO. Elon musk changing the twitter logo is already a hype for those who have doge on their wallet. How I see is that some people take advantage of this hype to earn profit. I am sure the price will be manipulated and as of now, I don't know if there's still hype about it when the logo back to normal though there's still discussions going around.

That reminds me. I never even heard on how much Doge was he holding back then when the news first came out since I heard that he was also holding Doge along with Bitcoin and Ethereum. Not sure how would regulators would do their next move about this one.

If I can recall correctly, he didn't even sold any of his coins but hey not every move of a celebrity is being reported so who knows.

I think he only disclosed the purchase of a lot of Bitcoin with money of the Tesla company, so obviously he was forced to say that publicly, because it was in the interest of the shareholders to be informed of that movement. He later ended up selling much of those holdings, allegedly because he wanted to keep good relations with China, among other rumors.

Even though he has declared in the past that Dogecoin is his favorite crypto-currency, I don't remember him saying how much doge he owns, if he owns doge and it is much, then this situation with the Doge logo could backfire and makes things more difficult for him in the future.

He could have also told in advance to someone to buy Doge before the Logo change, for profit, so regulators cannot go after him so easily.

Elon replaced the logo of his website with the Dogecoin logo, and Dogecoin suddenly gained 30% in value. He then reverted the logo and Dogecoin returned to its former value. This is really like a joke. Elon undoubtedly knew this would happen. However, he did so with no pity for novice investors who might be swayed by that hype and be harmed by the end of the adventure. Elon is engaging in unpleasant behavior. If he does not have enough money, let him create a charity piggy bank, we will support him again. However, what he does is not pleasant. Making money like that doesn't suit him.

this won't happen , twitter's reputation will get worse if there is a name change , and i think twiiter is already a verified platform name , madness is unreasonable to change twitter name to what you say

Yes, it's happening again. And I think that the price can become even higher if Elon Musk continues to make all sorts of hints as he likes to do it. Cryptic posts and the like.

First of all I have no idea what is going on there doge and twitter, so whatever Elon musk wants to do on twitter is his right because he is the owner of twitter.

As for dogecoin, no one knows what Elon is actually planning to do, let's just wait and see what will happen to dogecoin if its value will increase or decrease again in the market?

That's ridiculous.  Behind the tragedy there must be a hidden purpose which I believe exists.  people are curious to try to see the logo change and some people will find out what doge is.  That's where the high curiosity arose, maybe there will be an increase in demand for doge coin so the price will rise.  doge's introduction to make it even more popular

I feel that Elon is driving the movement in the DOGE coin price. Last year, he tweeted about the DOGE coin which caused it to increase in value. Now, Elon has changed his Twitter logo to DOGE. We all know that Elon is a major player in the crypto world and even one tweet from him can have a significant impact on the market. In my opinion, as long as Elon continues to post anything related to the DOGE coin, it will benefit DOGE coin holders.

That's for sure since he's the one influenced people to invest in DOGE coin in the first place. Now he owned Twitter where he can manipulate and promote DOGE for users to be aware and acknowledge the doge. But let's be honest, DOGE coin only rely on hype especially to Elon Musk if it wasn't mentioned before maybe it won't worth a lot or as well dead coin. It will be easy for Elon to control it since he's known for top investor and trader where people would follow his calls like before when he tweeted DOGE. It will survive for long as long people believed in Elon and keep hyping doge. But I won't risk my funds in hype maybe a quick flip would do.

A few days ago Twitter changes back its logo to the original one, the blue bird. As the hype and FOMO wind down, DOGE prices follow the sentiments. As of now, the prices lose almost 30% from the peak of the surges which is around 35% according to current CoinMarketCap data.

Based on my observation, there is not any further news about the assumed linked motive of his absurd lawsuit. Regardless the fact, I'm very sure the "mockery" surely hits the prosecutor and other parties who are in favour of it. I guess the current fate of Doge is only in the hands of big names or influencers, and I believe somewhat loses the meaning of its meme-based community owned status.

Doge has started as a meme coin without any promise of solving any real life problem like many well known other cryptos have come to life,it was just created as a meme and it was only because of Elon Musk that largely rallied back in 2021.Since then it became a good option to people having Scrypt ASIC miners which immediately switched to Litecoin+DOGE while before they were mining Litecoin only and that is the only thing that keeps somewhat alive Doge in my opinion.If it were only in the hands of influences like people like Elon Musk do then I see it difficult to rally in a big way.

Doge is originally is a meme coin. Since last bull run elon can change the price of doge and i think it is really amazing. His influence to doge is big. I hope newbie investor able to maintain the wave that elon created.

The changing of logo to doge by twitter indeed showed an uptick with its price.
So yes, the market performance of this old meme coin is greatly influence by this kind of action.
However, as we have seen, it is only short-lived. So for people holding this coin, they should be on the lookout if they want to profit from it.
Otherwise, channel your funds into other valuable coins like btc. It is quite hard relying on someone else's impulse with no concrete plans in the pipeline.

Consider this perspective: The individual currently ranked as the second wealthiest in the world has a vested interest in a particular coin, and also possesses the financial means to provide significant support for it. The previous market cycle demonstrated notable increases in value for both Dogecoin and Shiba Inu, which many cryptocurrency enthusiasts dismissed as a mere bluff due to the coins' origins as meme-based currencies. However, numerous long-term proponents of digital currencies ultimately expressed remorse for missing out on the substantial profits that ensued. So if similar trend start who will want to miss

That is obvious we can say that without Elon Musk Dogecoin is likely nothing and too sad that many people don't think about it because what they think is a possible hype that will happen and make them rich. Perhaps, it is always ridden with hype in a short while and drops right away. Influencers are making money for this for sure and they keep doing this again and again. And I agree, anything that will happen to Dogecoin in the future lies in the hands of the influencers, not its investors.

Elon musk again posted a tweet about Dogecoin: "What does a dyslexic, agnostic amnesiac who believes in crypto do? Lies up all night thinking about Doge." - https://twitter.com/elonmusk/status/1645271510561562625. But this time we saw absolutely no change in the price of Doge. Why is this happening? Or has Musk lost his power in front of his followers?

things like this are common in Doge, because Doge is really loved by Elon Musk and likes to be his pump game,
when he does the action, Doge will pump, yes, as long as we have to be careful and don't fall for fomo, then you will be fine of course,
hold doge if the price drops back is also very good this year.

This is what happens when indeed we are still very naive in seeing things.
Even though, reflecting on what Elon did before, I think it's pretty clear that he pumped and slammed again hard until now and when he changed there are still many naive people whose intention was to gain momentum but instead were trapped by the momentum they created.
It's quite sad actually when blaming Elon is actually useless when you see things like this because of course Elon also can't afford it if there's no additional naive people like this and when they fail to leave because the price has started to lose Elon won't have any problems and these people who will blame and say Elon is a fraud but I think it is also their fault that they want to be deceived many times by people like Elon.

The reply within that tweet context seems is not sensational enough to drive the hype. That is not as massive as the logo change, it comes unexpected and allegedly fueled by his decision about lawsuit dismissal request. Also, both acts is significantly differents, his tweet might not seen by most people, but a Twitter logo brand changed surely a main factor that makes the market having surges.

So, it does not mean a mere new tweet like that proves his publicity power is going down.


As a somewhat unique project, if Doge does not get the publicity as it is right now, I think it would jsut barely living, not completely a dead project.

Including FOMO, and also the unwillingness to think with one's own head. Musk has long understood that you can manipulate anything, even bitcoin, and the crowd will obediently follow him, while, due to imperfect regulation in the industry, Musk will not bear any responsibility for this blatant manipulation. In other words, he is doing it because he can afford it, bringing attention not only to DOGE, but also to Twitter.

Do you think Elon Musk did this prank after April Fools' Day on purpose? Because there might not be a price impact if this were done april fools. If this is meant to be an april fools joke I don't think this is some kind of market manipulation but yes many would speculate that this is manipulation and even I think that Elon Musk is just looking to cash out some of his DOGE. The speculation is endless and every move that Elon Musk makes with DOGE will be the talk of those interested in DOGE.

If this was an April Fool's joke, then it would be logical to do it on April 1. And since Elon Musk did it on April 3, it should not be regarded as an April Fool's joke. Anyway, Elon Musk manipulates Dogecoin too often, regardless of the day and month.

I think the saddest thing is that he can manipulate other stuff as well. Like he can manipulate ideologies and politics as well if he wants to. He has so many followers that he could come out as the next republican candidate after trump and he could get sooo much votes. Obviously he isn't an American born person so even if was willing to be a candidate (which I am sure he must be) and even if he would get all the votes he needs, it is still not possible to make someone born outside of America to be the president. This dude is south African with Canada education, so USA was a place he came very late in life.

But in the end, he could always be high up there alongside the next one, and he has the follower numbers to convince enough people and manipulate their votes.

Anything is possible. By the way, I sometimes come across various Internet stories about how Musk has started to block unwanted accounts that oppose a certain political party or the actions of certain countries. Some begin to complain that Twitter has become extremely censorious, and if someone actively expresses a position different from that of Ilon Musk himself, then these posts or entire accounts are deleted. Although you can't say that before Musk, Twitter was a free-for-all. Even presidents were banned there :D

As for manipulation of stocks or demand for Tesla, for some reason Musk does not try very hard to manipulate in these areas. Perhaps he fears retaliation from the regulators or some other reason.

every time I open Twitter again, I see a few of Elon's tweets as suggested for me. I'm of the opinion that he got carried away a little by the power, and now he considers it appropriate that his attitude is the best regardless of what he is talking about.
I sincerely hope that at some point there will be oversaturation and that its influence will weaken. It is certainly harmful when an individual has such a large influence on the market. At this moment I don't care about his Tesla, Twitter or any other business of his.

No, you can't call Elon Musk a scammer, because he doesn't promise anything to anyone, he doesn't give out any direct actions to investing, he doesn't create any pyramid schemes, etc. I definitely wouldn't call Musk a crook, but I would definitely call him a manipulator who actively PRs his products while weaving in mentions of cryptocurrencies he is interested in. Actually, it's a fine line here, nobody makes people run to buy these very DOGE after Musk put DOGE logo in Twitter.

More like he was just testing the connection with his community and how they would react to the news and thus causing a short-term pump. It was a price manipulation and there is no doubt about it, I am sure that in the near future he will repeat a similar trick and add some news related to the coin to earn even more.

There is an official announcement on twitter but I guess it's not necessarily because of it, it's just that it's also a good indicator of the trend to move up or down for something, but still, I can only assume the trend is back on track. 
 
I remember the tweet "What is happening with Dogecoin and how are we gonna be able to handle it with Dogecoin? I doubt you'll want to buy it, but, just keep in mind, dogecoin is not for everyone and it won't give you that much exposure". The tweet was like "Who gets to get to do the trade? Are you kidding???" I couldn't believe how good Dogecoin really is, I can tell you from a look at this tweet, I really thought Dogecoin is a scam.

Well did you ever want to know why Elon Musk says Doge is his favorite coin? It is for a reason I did not know and is very simple reason why he pumps this meme coin and on Twitter talks about it.

'Dogecoin is my sort of favorite cryptocurrency because it has the best humor and has dogs'. https://dailyhodl.com/2023/05/25/elon-musk-says-top-memecoin-dogecoin-doge-is-still-his-favorite-crypto-asset-heres-why/

it's obvious that it's market manipulation made by Elon musk so that Doge pumps,
but right now the market is bearish, so the increase in Doge is also not significant,
moreover it's not permanent, you can see the twitter logo has now changed again to the original,
of course I can conclude that the logo change to Doge was just an April Mop.

Elon likes killing doge coin after he was alwasy hyping it.

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-05-23-2023/card/don-t-bet-the-farm-on-dogecoin-elon-musk-says-3w5HNJM4zaycGPD5CNKd

As you can see that how elon was suggesting people for not to buy it. it's caused by the volatility that has owned by the doge coin was making it become very risky. What a tweet from elon.

It likes elon was preventing people to buy it. Doge is always going down now.

There is a new 'bullish' video and it says how Doge is going to explode soon. I am still hodling my Doge coins just going to wait for something big to happen.

https://www.youtube.com/watch?v=wP8Kafbu2VQ

it is possible that the Doge in 2024 will explode, because usually the bull market will start with an increase from the Doge,
and until now the Doge has not risen, which means it is not yet bullish time,
so just monitor Doge or accumulate it from now on to achieve high profits next year.

Elon musk still not done yet and im sure she gonna do it again very soon.
She just keep trolling all the crypto market with he's tweet.
And im sure she hold so many doge on hes pocket and already made a ton profit with hes tweet.

Since when did Elon Musk become a female?  ::) You called him 'she' three times, lol; D.
Anyway, coming back to the topic, Elon Musk is known to hype DOGE because he has done it multiple times in the past, though we are not sure whether he holds any DOGE coin himself or he just likes to play with its price which people find amusing and useful because it generates profit for them.

That being said, we are not sure whether he will do it again or not because he clearly doesn't have any motive to do it, but again, we don't know much about why he does it because he never discloses such things to the public.

Doge strength is in Elon musk moreover Doge is memecoin which is without a developer,
but that is seen by Elon to develop and support, Even the rocket that Elon will fly will be named Doge.
this is why Doge is really very extraordinary, it's appropriate if Doge has a pump.

this coin has a developer, you can read his twitter: @michilumin
This coin has become very dependent on Elon Musk and his statements, and the coin itself is no longer independent. A lot of high-profile statements have been made, but so far I have not seen any success with the implementation.

Doge does have a developer but Doge doesn't have a product and only Elon Musk supports Doge,
if Elon doesn't support it, then Doge might return to the previous price, hopefully Elon Musk will remain loyal to support Doge.
we don't know about future so stay careful.