What is Elon Musk's goal with Dogecoin?

[aylabadia05]

Of course because he wanted to earn money, that's why he did it. I think Elon Musk's goals are the same as those of us here. It's just that his level of intelligence is different from ours in activities in cryptocurrency. So, I'm not surprised that Elon Musk is praising Dogecoin too much.

That's clear and I totally agree with you because if I personally were able to do things like Elon Musk did, then I would never stop tweeting about Dogecoin, because it's for the benefit that he can still achieve now, because in the future it's not necessarily the case he can still make more profit through Dogecoin even though the market is very good as it looks now.

Thank you friend. Come to think of it, if it weren't for the sake of making a profit, what would Elon Musk's other goals be.
That's why I dare to say that his level of intelligence is still above our capabilities regarding crypto.
Let's imagine if Elon Musk admires BTC as much as he admires Dogecoin. Of course his assets are already extraordinary.

[1714881911]

1714881911

[thesosorr]

Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?

I am wondering if he will keep tweeting about it after the bull market is over.

I think he did it because he wanted to make a profit. Or is there another opinion from you other than wanting to make a profit. If you are a Dogecoin lover, I think you can follow the method so that you can also profit from Dogecoin.

[Republikcoin.com]

That's not about only making money. If that was the case, he would have already made a lot of money with Dogecoin. I think he wants to bring Dogecoin the top currency which i am sure he would not be able to succeed. 

He can make DOGE coin go up even the marketcap exceeds BTC, this is very possible. Elon Musk is the most influential person on this earth. Every decision he makes, always has a huge impact on the financial and economic world. He has the power to change and manipulate the world of Bitcoin and Altcoins with whatever he does.
But he doesn't seem to be too focused on Bitcoin and Altcoins, so it looks like he's failing. Though he just didn't want to go any further because he should have also understood the dangers of what was about to happen.

[anandaijun]

Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?

I am wondering if he will keep tweeting about it after the bull market is over.

If I answered Elon Musk did that without expecting money, I'm sure a lot of people would laugh at me, including yourself. To be sure, Elon Musk did that to Dogecoin is to make money. Let's think about what we can do to make money like Elon Musk did, and I'm sure we can too.

[Vishnu.Reang]

Given what he did with Bitcoin, Doge users should be more cautious with Elon Musk. The truth is that, with his millions of followers Elon can easily launch his own token or coin, and make it rank among the top-25 cryptos in the Coinmarketcap list. If shitcoins such as Dogecoin and Ripple can rank in the top-10, then why not a coin that is supported by Elon? And sooner or later, he is going to do that. Because his returns will be limited in case he continues to support a coin such as Doge, which is in existence since 2013. It is more profitable for him to come up with his own coin.

[Chuky92]

Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?

I am wondering if he will keep tweeting about it after the bull market is over.

There are things you can do for fun and there are things you can do just to make money, and crypto is not one of those things you can do for fun since it involves money, and no one in this space plays with money. So I think he tweets and hype Dogecoin because he has interest in it and because his funds are in there too. Also, if you noticed when the market was bad, he stopped because no one will even pay attention to him, and because he has in a way not live up to people's expectations, his influence is already reducing, that is, he once tweeted about Doge coin and nothing was felt on the price.
It is not only him that tweets about coins they have interest in, many are also doing it, thus the need for people to be careful when following such people, invest with funds you can afford and know when to exit.

[meldrio1]

Elon Musks goal with dogecoin is nothing, he just want to make money with dogecoin and he still keeps tweeting it, seems he trying to increase the price again just like the last time when doge pumped but I don't know if people still believing him.

[anandaijun]

Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?

I am wondering if he will keep tweeting about it after the bull market is over.

If I answered Elon Musk did that without expecting money, I'm sure a lot of people would laugh at me, including yourself. To be sure, Elon Musk did that to Dogecoin is to make money. Let's think about what we can do to make money like Elon Musk did, and I'm sure we can too.

right, of course business is about profit, so Elon does it for the purpose of money. he is indeed a smart person I admit, but unfortunately he doesn't really care about the development of cryptocurrencies, so many people regret him. but I don't think Elon's influence has completely faded, moreover he has a lot of money

In my opinion, Elon Musk really cares about the development of cryptocurrencies. It was proven by what he did to the coin he admired, namely Dogecoin. Isn't Dogecoin a part of cryptocurrency?

[dataispower]

Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?

I am wondering if he will keep tweeting about after the bull market is over.

Elon Musk periodically ranks first in terms of wealth on this planet. Therefore, it makes no sense for him to make money on his tweets in cryptocurrency. Most likely, he is just interested in watching how people react to his statements on social networks. This flatters his pride and he does it half-playing, half-joking.
Since his actions generate general interest in cryptocurrency, I take them pretty positively.

He is making money off the radar, nobody gets tired of making money and even making more money. His aims and objectives about Doge isn't certain yet perhaps he is planning on accepting Dogecoin as means of payment in His businesses.

[Insomnia family]

I don't know what the real purpose is, especially regarding crypto/doge, as if the market is being manipulated by the ElonMusk hype. but I think Elon Musk will keep tweeting about the doge coin until he gets a response from the crypto community. The effect of his tweet sent dogecoin prices soaring, but I have a hunch that sooner or later, people won't take his tweets seriously and we won't see people buying dogecoin on his tweets.

[desticy]

I do not think that he has any far-reaching plans with this project, most likely, as it seems to me, it all looks like Ilona's team is testing its ability to influence the crypto market, and in general to influence through the support of cryptocurrencies. Elon Musk is a very influential and respected figure, and it is possible that he wants to put a spoke in the wheels of banks.

[BobK71]

One thing everyone has to accept is that no one does anything without profit. Elon Musk also not exceptional. There must be some reason behind the fact that he tweets so much. In that case, it can be said that Elon Musk is also an authority on doge coin. His purpose now is to figure out how to get the coin on the top position.

[Fredomago]

I do not think that he has any far-reaching plans with this project, most likely, as it seems to me, it all looks like Ilona's team is testing its ability to influence the crypto market, and in general to influence through the support of cryptocurrencies. Elon Musk is a very influential and respected figure, and it is possible that he wants to put a spoke in the wheels of banks.

Showing how money influenced everything and making things possible, even most are thinking it won't. That's how Musk did with this project. Doge was created as meme project. For a long time inside this market it was playing to his value, keep moving within the cycle, but right after Musk played with it. Look how big it went thru.

Now, we don't know what his plan and what really behind this project that makes him involve, aside from money that's for sure the first thing but aside from that we don't know if he has any plan to use it.