Why Elon Musk shill for DOGE

[Little Mouse]

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

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[Jawhead999]

I think it's because DOGE is a based meme coin, so he's trolling for fun/joke only.

But well people is too serious about his tweet, so many peoples are take the advantages of the hype since they think Elon Musk (the richest person) is believe on DOGE.

[Sanitough]

Why not? He is one of the most popular personality in the world so probably he is just trying to make an experiment on how the market will move.
The problem is we just love to speculate so much so we can easily get fooled by people who like to manipulate the market, we should mature much, think of the actual result and its potential than a simple tweet or whatsoever.

[mu_enrico]

He wasn't shilling, but more of having some fun with his tweet. It is not the same as Jack Dorsey shilling BTC since he was serious about it.
Elon Musk likes to joke, meme himself, etc. He likes the attention more than anything else.

[passwordnow]

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

He has tweet that he just want to destroy the shorts. Just like Dogecoin as a meme in the cryptocurrencies, he's trolling and memeing the market with his tweets to destroy those traders in shorts as he said: https://twitter.com/elonmusk/status/1357269755112148993
He's just making fun of it but the market is reacting on it positively. No one hates Dogecoin even if it's a meme.

[RPDesim]

He could be playing or joking, but there's a high chance that he's holding an amount of crypto so he's taking advantage of this popularity to hype these coins.

[youdacapt]

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

Shilling usually occurs to intimidate and take advantages of the weak hands in crypto currency market; Musk shilled doge and people fomoed (fear of missing out); The reason behind the shilling is what you know, which is profits. If you remember clearly' McAfee has done something like this numerous times too! I urge everyone to work on their emotions as a trader; do not be moved by words; fuds or fomo. Always do your own research

[casperBGD]

He wasn't shilling, but more of having some fun with his tweet. It is not the same as Jack Dorsey shilling BTC since he was serious about it.
Elon Musk likes to joke, meme himself, etc. He likes the attention more than anything else.

he maybe joking, but some people are serious with his tweets, and shilling DOGE seems to be natural for him
nevertheless, one has to be careful with meme coins, since he can stuck in the position or get out with a lose, what goes up quickly, could go down quick as well

DOGE is up again today, and one can use this fly up to take a quick buck, but that could end up with a lose as well, and it is closer to gambling, than investment

[finaleshot2016]

Well, the thing he's doing makes us money, I invested in early January, hoping for a price hike and didn't expect that it will rise up in the last week of January.
My profit has multiplied 10x and it's a great opportunity for me to grow again money by investing in it, assuming that it might happen again soon. Dogecoin is a meme coin, if experts or known people are playing with DOGE, then thanks for them because it's growing simultaneously.

[kzel2226]

doge is moon because of them Go doge

[avikz]

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

I think he is probably joking when I read Elon's tweet that says - "Dogecoin is the people's crypto" and his second tweet confirms my assumption that says - "No highs, no lows, only Doge"! These are fun tweets without any serious thoughts behind them!

But look, even if this is fun, Doge is up by 50% today! So traders might have made some handsome returns just from Elon's tweet! I had few thousands of Doge few years back and now I forgot where are those!

[Mariana Lisa]

Dogecoin is profitable investment for long term, Dogecoin is used for instant payment, fun, and free transaction fees. It has 1 minute block interval time for fast transaction than other blockchain

[fmz89]

It has been a while Elon Musk shill for DOGE and that's what happened today again. 2 tweets from Elon Musk. Both were interesting. But I don't get the exact reason of his shilling behind the shilling. He once said he only owns 0.25 BTC which his friend gifted him long ago.

now meme is gain power on every social media, doge is old coin after ltc so the distribution already mature and many holder are from miner and this coin has big community from chinese

many product using advantage of internet meme, and elon most likely love doge because quirky and they support with new technology he love it, doge to da moon 

[MWesterweele]

He wasn't shilling, but more of having some fun with his tweet.

he maybe joking, but some people are serious with his tweets, and shilling DOGE seems to be natural for him
nevertheless, one has to be careful with meme coins, since he can stuck in the position or get out with a lose, what goes up quickly, could go down quick as well

DOGE is up again today, and one can use this fly up to take a quick buck, but that could end up with a lose as well, and it is closer to gambling, than investment

This might only show how an influence man can uplift such kind of crypto even if it was a joke for him but people are taking this joke seriously just because the tweet was came from Elon Musk. These was just a meme for him but see how does it affects to DOGE. I am not saying that what he did has a sought of wrong doings but i think he should be careful by what he was shill for especially knowing that he was an influence person.

[jrrsparkles]

He is an DOGE supporter for very long time and even he updated his bio as former CEO of DOGE once when he won the twitter poll from its creators which itself a sign that he is a supporter and also he recently interested in bitcoin. Bitcoin is too far now to accumulate but DOGE is still cheap and he can accumulate when its cheaper and can able to shill it with his influence.

[dothebeats]

Obviously trolling and not actually shilling if you ask me.

At this point, Elon's reputation as meme lord in twitter is already known far and wide. I don't think it's necessarily shilling for something if you just posted meme-y stuff about something, though in this day and age everything that you post about on social media could be misinterpreted, hence why Elon 'shills' doge. Every tweet Elon has about something is already interpreted as a money-making tool, and his followers would surely see it as that, that's why we see an increase in dogecoin recently.

Anyway, perhaps McAfee could take some notes on how to properly 'shill' on a coin. Elon does it effortlessly, that is if he's really shilling the coin to the moon.

[cabron]

Maybe he is startegy they have own a lot of dogecoin before they tweet because he knows there is a lot of people will follow to him once they tweet or support dogecoin and after he posted about dogecoin many people invested to the dogecoin that resulted for the price to rise hundred times even this coin is not potential people are investing because they follow and trust elon musk.

He wouldn't be doing it if he doesn't have doge. He must have billions of it after all he started joining crypto long time ago. I remember him selling tesla cars for BTC way back 2016. Maybe during those times he already accumulated doge while its price is just few satoshis.

I once encounter a video on youtube where a whale trade in crypto wearing a doge shirt while he keeps talking on the camera. I'm sure doge had been toys for the big boys in crypto. Elon is now about to make it like DOGECOIN is a household name.

[ryzaadit]

MEMES guys everythings with Elon was for the MEMES ~LOL

But, everyone just taking seriously when he tweeted is always has been no matter real supported or memes when some famous people tweet or making some statment sometimes everyone will just following him.

[goaldigger]

I don't know why but people have to learn from their mistakes, and don't follow Elon Musk that much because he's just messing around and later on will dump all of those who follow the trade signal. I saw a lot of comments on his twitter account where people are trap on top because of what he was doing, even if this is just a meme people thinks that he is promoting Doge, this is very risky and alarming.

[samcrypto]

Don't take this guy seriously because this can be a trap signal or what, whatever it is I'm not biting on this one and I'll not follow the full of hype token like Doge. If you do buy, make sure you sell early and be contented with the profit that you have because if not, then you'll be part of those who are trap on top.

I respect Elon for what he is doing right now with regards to tesla and SpaceX, but I don't want him to make people fool by just following all of his tweet. There's something with this guy and its not good at all, people are losing money and I hope he realize this one later on.