Elon Musk said he bought Dogecoin

[ImHash]

But why not buy ETH? I think eth is way better than dogecoin though, maybe his next step is going to be eth, if he does that the price of eth would go up, a shame I sold my eth

[Ridwan Fauzi]

We never know who is behind the tweet unless he make a statement is a media that he bought dogecoin or bitcoin. Indeed, in a few time ago Elon Musk has been giving a lot of thing for crypto currency space. They make bitcoin another all time high and its price still trying to increase more than that also they make bitcoin getting mass adoption.

Yeah, I bet there will be many companies who will take a same decision to accept bitcoin like Elon Musk in Tesla. We just wait that will happen in a few years ahead, and don't forget to buy bitcoin as much as you can, you will know how happy you are when you got a lot of money from your investment place.

[AmoreJaz]

He said that we shouldn't invest all of our money in cryptocurrencies. Please be careful and cautious in your investments.

That is being wise if he said that. It is a means of diversification and that is good. We should learn not to throw in all we have into a coin. We have to make our wallet rich with other coins and if our plans go wrong in one project, we can start up with another instead of losing all our savings to one project.

he's been throwing tweets related to doge and this was not the first time. so he's really interested with doge a long time ago. maybe now, he has the courage to say that he bought doge. and this simple tweet made a huge price leap for doge. been using this coin for years, so maybe it is their time to shine, right? and also, the doge dev team may reconsider revamping their developments, now that it is gaining attention from the community

[Saisher]

Just half an hour ago, Elon Musk tweeted that he has purchased Dogecoin. This is hilarious. Finally he is getting into crypto (may be he was here for long ago). I just got the reason behind his shilling lol.
Here- https://twitter.com/elonmusk/status/1359519541219500033?s=19

You cannot promote or shill something here in Cryptocurrency without you having it or getting paid doing it, so he is the latter, many holders are benefited from this shill it's probably the biggest shill of Doge because of this it reaches another all time high, I wish he next shill Tron I have a bag of it.

[Rexler]

Yeah, I also came across this tweet while scrolling through my Twitter news feed, he said he bought it for his son, it caused a little fomo though, but not much increase in dogecoin price as its still low, lately it's seems the crypto sphere has caught the attention of many large investors around the world, we have seen how large investors just keep coming into the crypto sphere, e.g Elon, Jack Dorsey even Jay Z has come to see the light in crypto,at this rate mass adoption will happen in no time.

[lumierre]

This is obvious manipulation. First Elon Musk praises the Doge project, then simply mentions it on his Twitter, observing the reaction. Now it turned out he decided to buy Dogecoin for his youngest son so that he could be a baby trader. Well, this is generally not serious. Game and entertainment for a person with a lot of money, a small part of which he does not mind losing for the pleasure of his son. 

[menoiazei]

  Why not do it i would ask?

And why not pump DOGE if he can and if he owns some of it??

[carrie_white]

Elon Musk is indeed one of the most influential people in the world, and has now been crowned as the richest person in the world, replacing Jeff Bezoz, so it's only natural that what he says and does, will have a big influence on the world, one of which is when he buys Dogecoin. and the price of Dogecoin immediately skyrocketed

[nurilham]

It seems elon musk is excited to dogecoin, such as promoting and introducing to the public that dogecoin nice to keep it as an investment asset in the future. Perhaps for this year, dogecoin gets the best price thanks to elon musk, and we as investors need to act quickly in making an asset for the future together dogecoin.

[isaac_clarke22]

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he's been throwing tweets related to doge and this was not the first time. so he's really interested with doge a long time ago. maybe now, he has the courage to say that he bought doge. and this simple tweet made a huge price leap for doge. been using this coin for years, so maybe it is their time to shine, right? and also, the doge dev team may reconsider revamping their developments, now that it is gaining attention from the community

Kinda surprised that there are that many celebrity driven investors in cryptocurrency.
Not entirely sure if the whole price surge, not just in Dogecoin but to all the coins in crypto was because of this simply tweet of a celebrity.
We're up to a slide downwards if this is really the cause of it, or like walking in an eggshell.

[Asuspawer09]

Just half an hour ago, Elon Musk tweeted that he has purchased Dogecoin. This is hilarious. Finally he is getting into crypto (may be he was here for long ago). I just got the reason behind his shilling lol.
Here- https://twitter.com/elonmusk/status/1359519541219500033?s=19

For sure Elon musk invested in the DOGE coin and probably he just wants profit I mean he is very influential in the cryptocurrency community.

And with just a simple tweet could easily affect the price of a token and we already see that happened in the bitcoin market price, he might just pick a low-value token invested in it and then hype the token in social media that might be the case in DOGE coin.

One thing is for sure he has a reason for it and it's gaining him profit for sure, I will not believe it if he's just doing it for fun but somehow I make money in trading the coin but I have no plan in holding long term.

[meldrio1]

Ye he purchased doge coin but for lil X.. I don't know who is he, but I believe that Elon Musk was already bought doge coin for himself and that is a reason why he shilled dogecoin, of course just to make money in a short time. 

[Questat]

Doge has been dumping so hard, 1 week price movement doesn't look good, it's diving so hard. 
https://coinmarketcap.com/currencies/dogecoin/



I wonder if Elon would make a tweet in order to stop this bleeding.

[vintages]

Yap, said he bought it for his son so as to introduce him to cryptocurrency. No wonder he decided to pump it first with his misleading tweet.
Ya, I call it misleading cause the guy's tweets is just shaking the market which is unhealthy.  Many people jumped into Dogecoin cause of him, what will happen if he decides to sell...massive price reduction in the coin I believe.

[taguig]

Just half an hour ago, Elon Musk tweeted that he has purchased Dogecoin. This is hilarious. Finally he is getting into crypto (may be he was here for long ago). I just got the reason behind his shilling lol.
Here- https://twitter.com/elonmusk/status/1359519541219500033?s=19

This is how a businessman thinks he will only open his card at the right time, he may be buying Dogecoin back when Dogecoin is at its lowest, and now that the bull run he announced it hoping to get his investment made a huge profit for him and look what happens it made a positive impact, I'm sure he has more coins in his portfolio.

[Lagduf]

Some people believe that the richest DOGECOIN wallet belongs to Elon Musk, for the past 2 years he has been constantly purchasing there Doge, with and 10x rate last 2 months. It has accumulated 36,812,358,629.53 DOGES until now.

Elon seems not to do that dude. Is there proof of this? i never believe if he was buying a lot of doge coin.
He was bashing dogecoin recently due to the centralization. It sounds like if he was only buying doge for a run only. He said that it's for his son and no more. It's only speculation that created by the community.
That should be a big question.

[steampunkz]

I don't want to trust Elon Musk's post anymore because I think he is not even serious about buying or having Dogecoins, no proof that he has possessions of this coin, and of course all the fans, traders are buying but very Risky! The only new True and positive news I heard  is the Tesla investing BTC

[moon sorcerers]

Yeah, but we must carefully, bcz the DogeCoin is holded by top 10 Investor that have 10-40% DOGE of Supply.

[torrantz]

But why not buy ETH? I think eth is way better than dogecoin though, maybe his next step is going to be eth, if he does that the price of eth would go up, a shame I sold my eth

he's not gonna buy a coin other than BTC and doge that's majority total supply of that certain coin holder is the developer itself.
I think the reason he bought doge because there's lesser concentration of dogecoin to the whales' wallet compared to ETH and I predict that he's not gonna touch ETH like never.

[Reatim]

Just half an hour ago, Elon Musk tweeted that he has purchased Dogecoin. This is hilarious. Finally he is getting into crypto (may be he was here for long ago). I just got the reason behind his shilling lol.
Here- https://twitter.com/elonmusk/status/1359519541219500033?s=19

But looks like this has just added small effect and short ? because like what Dogecoin now dropping and dropping day after day.
https://coinmarketcap.com/currencies/dogecoin/
I think people realized that this is just another popularity check from Elon Musk if he can also manipulate this market?
and the reaction is slow and little so yeah this is not what really the value of Elon in the crypto community .