Why Elon Musk shill for DOGE

[lalabotax]

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

If he just plays some fun by tweeting about Doge, does he has no goals? I mean he is a busy man and one of the most popular men in the world, he shouldn't do something repeatedly for a joke only. How if he really has a goal to treat something for Doge or for testing something for the crypto market? Who knows, bro?

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[ivankoh]

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.

Yes, maybe. Elon Musk has a good relationship with Doge, in a vote "they expect Elon to be the next CEO of Doge".  After this, Elon Musk became more active with Doge and with a humorous picture he always surprised Doge's worth.  Behind that, there are many conspiracy theories but surely Doge has created a huge trend this year.  Quick to speculate and grasp.

[dogemoon]

at one point Jackson and Elon had a meeting, by then Jackson had already left Dogecoin

https://www.coininsider.com/elon-musk-jackson-palmer/

But I think the key was the cool idea of doing a poll to elect the CEO of Dogecoin.

"We have listened to your concerns. We have decided that Dogecoin does need a CEO. Someone who can lead us into the future while maintaining the core values of what we are."



“Dogecoin might be my fav cryptocurrency. It’s pretty cool,” said Musk — after winning a joke poll to be the CEO of Dogecoin. He beat the likes of Ethereum (ETH) founder Vitalik Buterin and Litecoin (LTC) creator Charles Lee.

https://www.coindesk.com/elon-musk-calls-dogecoin-my-fav-cryptocurrency

[MrJesusChrist]

Elon is a weirdo. Almost inclined to say he’s a narcissist and just enjoys seeing the power he has from just tweeting bullshit.

Regardless tho, I’d like to take a moment and F U to cryptsy. I didn’t care about my ~1 million doge being lost in the exit scam at the time... But now I’m here wishing I had those coins back hah

[marcbitcoins]

at one point Jackson and Elon had a meeting, by then Jackson had already left Dogecoin

https://www.coininsider.com/elon-musk-jackson-palmer/

But I think the key was the cool idea of doing a poll to elect the CEO of Dogecoin.

"We have listened to your concerns. We have decided that Dogecoin does need a CEO. Someone who can lead us into the future while maintaining the core values of what we are."

In early 2019, Elon Musk called himself doge-coin CEO in his Twitter account so I think this will explain a lot that probably Elon Musk is already a Dogecoins holder and not just because Dogecoin was his favorite cryptocurrency or more that he was joking about it.

[Rohtox]

Maybe, because of a meme? I know that Elon Musk is always joking with his followers, he always makes any tweets to enliven his account. Not only DOGE, Elon Musk also always makes tweets about anime.

[mindrust]

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.

Pretty much this. Even more so, he probably sees bitcoin same as doge. I don't think he really believes in the tech etc. He is just fucking around with everything and everybody. He is the final form of a technocrat. Even Jack isn't that much out of whack.

[dogemoon]

I think it's just for fun. this is not the first time that happens, a few years ago another billionaire, the creator of Minecraft surprised with a "game" with which you could have early access by donating Dogecoins

"I was going to just release it to the people in the chat, but by the time the game was done, the stream had stopped," Notch said, "so I made a joke about 'early access' and accepted payments through Dogecoin, a crypto currency that has a definite joking edge to it. All the things referenced are things I love, and things that take things a little less than serious."

https://www.theguardian.com/technology/2014/jun/09/minecraft-creator-dogecoin-new-game-cliffhorse


still available 

http://cliffhorse.com/

[huu78]

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.

I think it's not just based on memes but fast delivery and low fees are other reasons.
although we don't know the exact reason and sometimes he also talks about bitcoin and other cryptocurrencies on twitter like ETH.
so I guess he supports crypto even if it's just a tweet for now.

[Evgenklm]

A person like Elon Musk is very enterprising and will not miss the chance to increase their assets a little, why not make it their fame as Elon Musk? I would do exactly the same, I think everyone would like to do it, but this is a subjective point of view, it is not accurate

[poodle63]

This is really strong point but sadly peoples not understanding this all most chances his twitter representative enjoying good benefit from this all or may be he buy some very healthy amount of this coin and now trying to sell on very high price for very good and healthy profit.

That might be the case but it's hard to believe his twitter representative have that much of control? I mean when the tweet itself is controversial Elon should atleast oversee his own twitter activities.
The only believable theory for me is that he's just doing this out of boredom and turns out people taking it seriously and then he kinda wants to take advantage of his influence. not to mention the twitter account called wsb chairman keep tweeting about it nonstop.

[DoublerHunter]

Maybe, because of a meme? I know that Elon Musk is always joking with his followers, he always makes any tweets to enliven his account. Not only DOGE, Elon Musk also always makes tweets about anime.

^ Probably that was, and he always seeking attention to his followers to gain massive fans. We know that he is a riches man and probably we own DOGEcoin in the first place and that is the reason why he wants to pump this coin. He is a businessman after he shills the doge memes doge was pump up too much and later on it drops the price the reason could be, he already gained profit on dogecoin. Nevertheless, all of this is my personal opinion.

[plr]

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.

Being the richest man and owns one of the top corporations in the world, he has done an extensive study on what coins to shill and he finds DogeCoin as an underrated coin, so he shills it and promote it and so look at DogeCoin right now, those bag holders made a lot of profit from this shill, I wonder what will be the next coin that he is going to shill.

[neatworld]

He shills it because he can  It's another way for him to show how influential he is - he's actually made this joke coin a household name. He's probably really enjoying that ego boost.

I think the richer some people get, the more outrageous (crazy?) they get because they've lost the ability to enjoy the value of simpler pleasures

[Teraboy]

I think it's just for fun. this is not the first time that happens, a few years ago another billionaire, the creator of Minecraft surprised with a "game" with which you could have early access by donating Dogecoins

I just know this now. I thought that this is never happen before but im wrong about that. Elon keeps coming with more and more joke on his tweet about doge.
it doesn't give a lot of impact again to the price of doge.

This trend will have gone soon after people realize if it's only FOMO created to pump doge and no more. Make a tweet about doge is a thing that wanna did by elon lol.

[steampunkz]

He has a new tweet again this recent few hours and I think it has an effect on the current price of dogecoin from 0.04 to 0.05 USD now, I think this is free money even if this is a joke?

[aryana42]

A person like Elon Musk is very enterprising and will not miss the chance to increase their assets a little, why not make it their fame as Elon Musk? I would do exactly the same, I think everyone would like to do it, but this is a subjective point of view, it is not accurate

An Elon Musk is not only famous in the crypto space, but he is also famous in a series of other businesses in the world, so it is certain that he is a person who has a lot of money and is always looking for profits in making his assets even more increased.

[cotton ball]

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.

most likely he has bought a large number of Doge coins so that he continues to make the price of Dogecoin higher like at this time Dogecoin the price continues to go up and up like the current Fomo which is so incessant for Elon Musk seems to want to make the price of Dogecoin much higher than now just see how Dogecoin is rising so fast.

[iTradeChips]

I do think that he is giving doge fans a favor by being vocal about DOGE. He knows that those who invested on it will get the good increase of their investments and many will greatly profit from it. Come think of it, the richest man in the whole world talks about DOGE and the price will always go up. Giving a boost to the cryptocurrency would make the investors and traders a run for their money. Enjoy trading while it lasts, because if he stops talking about it, it will go back to the bottom.

[HaekalZ]

the reason Elon Musk for the first time i think its just a joke, but later on, because of that "joke" effect the price of DOGE coin keeps increasing,
it even already reached $0.05979 as for now, i think DOGE coin prince will drop again later, but for now its still safe to keep the coin