Why Elon Musk Again & Again Tweet for Doge?

[akirasendo17]

I think he has some dogecoin and he's keeping it, as we know Elon is aggressive in business, like what he does in SpaceX, the reason that he likes to stir crypto, I think is not true, why would a billionaire waste time posting something that he will not get any profit or something from, like others who says they don't like bitcoin or other coins, etc, I think they just want to jump in a low price, in my own opinion, Elon has bitcoin, ethereum, and other coins, probably doge also.

[SyndicateLabs]

As far as I know, it all started with the WSB account, and probably everyone knows about talking after the doge pumped x10. As they mentioned they want to prove it, but hedge funds are not the only ones influencing the market, and they want to prove it by their horde of power. And we see Elon Musk's support for this, maybe blockchain is the best option for the solutions coming up, and it's nice to have influencers backing it.

[MWesterweele]

I think he has some dogecoin and he's keeping it, as we know Elon is aggressive in business, like what he does in SpaceX, the reason that he likes to stir crypto, I think is not true, why would a billionaire waste time posting something that he will not get any profit or something from, like others who says they don't like bitcoin or other coins, etc, I think they just want to jump in a low price, in my own opinion, Elon has bitcoin, ethereum, and other coins, probably doge also.

It is sounds that Elon Musk was taking it seriously, he hasn't shill it for fun or for memes. I think he has already own some Dogecoin of his own and what he was trying to do was giving Dogecoin a chance to nearly become Bitcoin. And look what he have done with Dogecoin right, he made it rise its market value, shows how influence Elon Musk is and as far as i know base on what article that i have read a while ago the SpaceX project to land on moon is what i know the Dogecoin were going  use to.

[max6575]

as release from big actor gives with chance on appreciation, investors might defines of one on decision as preparing use with funds and more on resource as attaining table of trading to gains with limit of return as completing target on expectation.

[ethereumhunter]

Maybe Musk has a big amount of dogecoin, but the dogecoin price does not increase so high, and he can not make a profit. He makes a tweet that says dogecoin will go up, which impacts his followers and thinks that dogecoin can increase. What happened later is dogecoin price really increases so high, making many people amaze and sell their dogecoin to make a big profit. So I am sure Elon Musk also makes a big profit like other people because, with his money, he can have a big amount of dogecoin.

[Banulit]

He is using his influence as well as the social media to create a hype that will attract newbie and will fall into FOMO to dogecoin and once that he accumulated a plenty amount of funds from that FOMO he will sell then his dogecoin hodling.

[masterrex]

I think Elon Musk is promoting the Meme coin, literally, And after his first successful tweet about Dogecoin, the price was started to move up thats why now he thinks that he can influence the crypto market by just tweeting about the specific coin or token that he wants to promote. maybe thats the reason or maybe not just an opinion. 

[Ridwan Fauzi]

But I do think that Doge is a good place to choose for an investment place especially for me. Take a look at Doge price movement, there are so many candle which was formed in long shadow candle, which is mean many people will think that this is not good for investment place especially for long term investment.

They will only choose doge coin as a short term investment especially when there is a factor like Elon Musk's tweet come but after that the price will fall a lot. I don't know much about doge coin feature even I'll bet the investor who invest their money will not know some features about doge coin especially the feature that can be used by most people.

[Coinsfera]

Yeah, we know from past. Elon musk name is co relate with Dogecoin why not? but, I want to know why Elon musk again n again tweet for Dogecoin any reason ?
Tweet Links are here: https://twitter.com/elonmusk/status/1357236825589432322
https://twitter.com/elonmusk/status/1357241340313141249

On the Clubhouse, he talked about why he tweets about Dogecoin. He said that it was just a joke and Dogecoin was made to be a joke. It seems like he likes to joke again and again He added that fate loves irony, the most ironic outcomes are the most likely.

[muratsink]

Both doge and bitcoin become destination for Elon Musk, never get he tweets other coin although on exchange market have thousand coins listing but only doge as periority for Elon Musk. Many time he only tweets with Doge coin but never make you surrended when late for buying doge coin, I know how many people loss on doge coin after lately for entry in doge coin just wait next Elon Musk make new tweet about doge coin.

[Arkann]

He is using his influence as well as the social media to create a hype that will attract newbie and will fall into FOMO to dogecoin and once that he accumulated a plenty amount of funds from that FOMO he will sell then his dogecoin hodling.

I have already repeatedly met user reviews on this matter and believe that these statements by Ilona Mask are nothing more than trolling. Although it is more likely that he is pumping up his capital for a long time, since Doge Coin is his favorite cryptocurrency and in any case he has investments in this coin. And his any word in this regard, provokes on to Pump.

[speedforce]

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price
2. Elon Musk account been hacked and he wont admit it since its shameful to him.

[Roidz]

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price
2. Elon Musk account been hacked and he wont admit it since its shameful to him.

It seems that the two theories you mentioned are not the basic possible reasons, now we can see how Doge continues to experience price increases after being tweeted by Elon Musk and if that is a scam then Doge's price will not stay in the current $ 0.036- $ 0.043 range these days. and there is no point in doing that in my opinion, and if Elon Musk's Twitter account is hacked, of course there will be clarification from Elon Musk's side. Most likely he is part of the Dogecoin project but he is doing his role behind the scenes so people would think if Elon Musk as the richest person in the world chose crypto, especially Dogecoin as an investment asset, of course it would attract other people to buy Doge coins too.

[el kaka22]

I think there is no real reason, he just likes attention and that's it. Back in the day there were tons of people who shared memes and so forth on his twitter, and there was a thousand times people tried to do "I am elon musk, send 0.05 eth here and I will send back 1 eth!!" type of scams under his tweets, so Elon got interest of that and he checked what it was and checked crypto and learned about it.

After learning what they were he shared something that got 10x more attention than anything else he does and we are talking about a guy who sends spaceships to space, dude is crazy and he is liked by a ton of people and even with that doge became the most liked thing he shared. So as a narcissistic person who loves being loved, what did he do? He just kept sharing more and more stuff that are memes of this situation in order to get more love from people he yearns so much.

[Shallow]

I think there are different sides to this, first he seems to have an interest or still maintaining an interest in crypto related matters but seems to keep it contained, hence the reason nothing much was heard of him for a long time, but recently that Bitcoin started growing massively, where many people are now paying attention to it, it seems he decided to do so, which is one of the reasons Doge coin pumped the first time. Secondly, during the later pump of Doge coin which many tweets were reported by him unlike before, which of course is unusual, Doge coin pumped and when then it was reported that his account was hacked and it dumped. 
Nevertheless, in my own opinion, he seems to have a good interest in crypto being someone who likes technology a lot, but however he tends to keep his intentions in good control.

[Manish2809]

Well, He can only tell why he is doing it, but he is playing a very important role for us, for crypto for people related to crypto, he is working like a brand ambassador for Doge and i don't think they got paid for tweeting 

[BChydro]

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price

This is the fact, he is always trolling with the market and even he is enjoying his influence in a decentralized market, i have no idea whether he is trying to prove anything with all these tweets, there is no doubt about his intelligence but i do not understand what he is trying to prove with these tweets.

2. Elon Musk account been hacked and he wont admit it since its shameful to him.

There is no way he keeps silent if his account is hacked as anything can be posted that could attract legal actions and tarnish his reputation.

[barabeku]

It is not Elon Musk that raises the value of the coin, but users who do not know how to think... and act only at the level of instincts. There was news on Twitter about Doge from a man of great reputation and everyone rushed to buy and sell their tokens. Maybe I'm wrong, but it looks strange.

[Twinkledoe]

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price

This is the fact, he is always trolling with the market and even he is enjoying his influence in a decentralized market, i have no idea whether he is trying to prove anything with all these tweets, there is no doubt about his intelligence but i do not understand what he is trying to prove with these tweets.

2. Elon Musk account been hacked and he wont admit it since its shameful to him.

There is no way he keeps silent if his account is hacked as anything can be posted that could attract legal actions and tarnish his reputation.

Elon has been a vocal supporter of doge even years back. So it is not surprising, if he is now giving some support again by means of tweets. I don't think he is just trolling here. But the prob here, those noncrypto users will buy doge even without prior knowledge just because Elon Musk tweeted about it. And they will blame Elon for losing their funds.

[Congyang]

Theres two possible theory in my mind.
1. Elon Musk have fun for trolling Doge Price

This is the fact, he is always trolling with the market and even he is enjoying his influence in a decentralized market, i have no idea whether he is trying to prove anything with all these tweets, there is no doubt about his intelligence but i do not understand what he is trying to prove with these tweets.

2. Elon Musk account been hacked and he wont admit it since its shameful to him.

There is no way he keeps silent if his account is hacked as anything can be posted that could attract legal actions and tarnish his reputation.

Elon has been a vocal supporter of doge even years back. So it is not surprising, if he is now giving some support again by means of tweets. I don't think he is just trolling here. But the prob here, those noncrypto users will buy doge even without prior knowledge just because Elon Musk tweeted about it. And they will blame Elon for losing their funds.

There are some people think that if elon becomes one of the doge producers in the ascension, but in fact it is not true that doge has increased because there are special factors and elon musk is only one of the supporters. I think people think that if Elon Musk controls the doge it looks like they'll regret it later on because they don't know the real market