Doggy take over — Elon Musk?

[Rexler]

It seems Elon Musk's tweets are now market movers, becuz each time he tweeted about dogecoin these past few days, it eventually pumps really high, seems like his followers will literally do anything he talks about, just like when he added bitcoin hashtag to his Twitter bio, we saw the longest green candle in the history of bitcoin over $7500+ pump in one day, although the dogecoin token burn can't happen but if it's possible and he announced it, better buy some dogecoin before then (not a financial advise though), LOL.

[maxreish]

Makes me wonder how much Elon Musk purchased dogecoin?, He's been able to moved doge's price right away after he tweeted. The more he advertise that coin, the more investors are being interested on it. The fact that Elon is a powerful guy who have many followers, nothing is impossible that even that meme coin will have a value now.

[Banulit]

Even if the hypes continue for dogecoins and even if elon musk continue shilling and creating hype for dogecoin, I dont see that it can manage to reached it goal which is 1$ knowing for a fact that it has no utility and use. Also seeing the volume of it which is very enormous that made me feel confident that the highest possible ATH that doge can reach is until .15$.

[p.b.winry]

In my mind, it was just like an invitation to follow the fomo alone. The fried action that causes people to speculate to buy Dogecoin coins, this is very dangerous. Maybe in an instant Dogecoin will be bolted because of elon musk's tweets. But there are also risks that elon's tweets contain. People who do not know the ins and outs of Cryptocurrency will follow the trend only, without any analysis first. Indirectly, ordinary people will only be trapped by elon musk's Tweets.

[Mahanton]

In my mind, it was just like an invitation to follow the fomo alone. The fried action that causes people to speculate to buy Dogecoin coins, this is very dangerous. Maybe in an instant Dogecoin will be bolted because of elon musk's tweets. But there are also risks that elon's tweets contain. People who do not know the ins and outs of Cryptocurrency will follow the trend only, without any analysis first. Indirectly, ordinary people will only be trapped by elon musk's Tweets.

You could actually take advantage if you wanted to but you should be wise on doing that because once you do get caught on the peak then you would really be ending up on holding for too long just the same case on other
projects or coins out there which they do make out some pump and later on it did really make out some serious correction which did really result into true disaster which people should avoid as much as they can.
We have seen on how Elon had influenced out the market basing up on history and if you do love to play with Fomo things then its your choice but be sure on getting out and dont make yourself
get caught if you are tending with fast profits.

[adaseb]

The only people that are making money out of Elon’s tweets about Doge are bots most likely or people who were online at the time he tweeted.

There are bots which monitor certain popular Twitter accounts such as Elon’s and it scans for “doge” text and then immediately buys it and there are probably hundreds of bots programmed to do this and hence why there is usually a huge 10-20% rally.

However these rallies almost always completely go back down. Seems the hype is down.

[Ararbermas]

Elon musk is the always reason why doge still existing and keep showing good performance wherein through how the way elon influenced big investors as well.. That's why its not surprising doge wants to take over again because obviously elon musk starting to make fun around the internet again after how many months of being inactive.. He is a good influencer remember!. So expect to the moon. Lol