DOGE is living proof of Influential Power of Rich People!

[Bttzed03]

I guess Elon is using Doge as an experiment to introduce crypto to the wider audience. He did it to his kids at least. It's pretty obvious that his influence trickled down to other businessman/artists/athletes/influencers and to the regular citizens.

Some people are also taking advantage of this by setting up ATMs and making it available to the masses. Last time I read, there were over 1,800 of them in the US.

~
Things that Elon Musk doing reminds me of John McAfee but the difference is people don't hate Musk like they did with McAfee.

The big difference is that Elon is not getting paid by some project teams to shill unlike McAfee.

[Jackl87]

The new pump of dogecoin is a complete surprise to me as it came totally out of nowhere and i was pretty sure that Doge had no more space to grow significantly because it already pumped hard a few weeks ago. But well i was wrong, it seems that a big portion of the people that are completely new to crypto choose dogecoin as their first investment at the moment. I guess they prefer to own a few 100 dogecoins instead of owning 0.001 BTC and of course the tweets of Elon Musk always keep Dogecoin in the center of attention.

[acener]

This is the power of being an influential person just a word from them could create huge impact due to their followers.
But we have seen it before just like McAfee how he could pump a crypto back then but he became a clown because of his insane prediction and claims.
Elon should be fine as long as he would avoid those kind of bets and prediction so he wouldn't lose the influence that he now have.

[senyorito123]

This is the power of being an influential person just a word from them could create huge impact due to their followers.
But we have seen it before just like McAfee how he could pump a crypto back then but he became a clown because of his insane prediction and claims.
Elon should be fine as long as he would avoid those kind of bets and prediction so he wouldn't lose the influence that he now have.

Correct, but maybe that influencial person sees potential in the said coin that's why he mentioned or talked about it or served as an endorsement. What he did makes people curious about it which lead people to know more about it. Surely it will makes DOGE known to many people.

[slaman29]

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

So tempted to go in but I know I can't handle the stress of always waiting and always watching Elon's Twitter feed. I'd rather just hodl my BTC and let it patiently grow. Of course, if I see doge below 100 again I will probably spend a bit just to up my DOGE bag. Waiting for new ATH;)

But the life of a speculator is definitely not for me!

[electronicash]

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

So tempted to go in but I know I can't handle the stress of always waiting and always watching Elon's Twitter feed. I'd rather just hodl my BTC and let it patiently grow. Of course, if I see doge below 100 again I will probably spend a bit just to up my DOGE bag. Waiting for new ATH;)

But the life of a speculator is definitely not for me!

how about waiting first for the action of indicators that it's going to be safe to get in. buying now will just make you regret seeing that you could have bought more if you waited a little longer.  the price might just drop actually to $0.18 and it's going to be a good entry price which you could buy 5doge for a dollar.

the influence of Elon can't be denied to what he did to doge. and of course, he is a very famous individual.

[Saisher]

I never imagine that Dogecoin will be pump this way who would have thought that Dogecoin will reach 25 cents when just a year ago it hardly reached 1 cents, nobody I guess saw this coming it took Elon Musk to pump it to it's highest price, it's keeps moving up you are right a few more tweets and we can see Dogecoin trading at $1, the big question now will Elon Musk continue to support and tweet Dogecoin for the coming months and will it only Dogecoin I hope he can set his eyes on other coins like Tron.

[TheMimic1]

Dogecoin is a leaking boat, way more dangerous than any other altcoins to invest on but who cares right? I don't hold dogecoin and if you are lucky to be holding yours still even after all this incredible surge it will be wise of you to take profits because you start seeing negative trend

[Xardasim]

Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold.

Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it.

All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it.

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

The current situation of doge is much more painful for me. An ordinary person who has no knowledge of the market invests in doge just by trusting a tweet, and I can assure you that most of the lastest doge investors do not even know what it is, what crypto is, why they invest it. I am tired of telling about it, but everybody still continues watching cartoons without paying attention to what I say. Hopefully, they all get what they want, but we all know it is not gonna happen.
By the way, my phone has not stopped since yesterday. 🤯

[Lordhermes]

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

I was thinking Elon Musk had stopped tweeting about dogecoin for a very long time now, I'm suspecting Elon is having an underground partnership with dogecoin team, this could be about the sixth time he has helped pumped dogecoin, this is clear opportunity and signal to investors to buy more of dogecoin, we don't know if Elon will certainly tweet again but I'm sure I'm not gonna miss the next doge pump.

[gurunanakji777]

I never expect this a DOGE coin can perform like this I never trusted it as an asset to hold for the long term. Since Elon Musk invested in Doge. Doge is performing like a huge potential coin. It is rising all due to the hype of Elon tweets but I must say when it will drop many traders will lose huge money. For me investing in DOGE in the current market is highly risky and yes I agree Doge is living proof of the Influential power of Rich people.

[capcaypro]

consciously or not people like them are people who can make history.
just one ordinary twitter tease of a person like elon managed to make the price of doge new ath and this I think is pretty crazy. i agree with @so98nn if crazy people like elon make 5-10 posts in one week about doge i'm sure doge will go up fast and fast. what I regret right now is that I had no intention of investing there in the early days because I thought that doge was not worth

[Kunnu]

This is very interesting to see that the current value of Doge coin has made by some tweets of Elon Musk probably there will be many people who will have invested in Doge coin by considering Musk's tweets which indicates the future of their investment depends on Musk's tweets about Doge coin well, this is getting more interesting.

[aysg76]

Yes, there must be on-going discussion about this already but I could not resist myself after seeing how DOGE is getting influenced by Elon Musk and his tweets. This is really big power that people like Elon hold.

Neither he is coming on TV, or live in some shows or announcing publicly that he is investing nor he is making lucid statements about it.

All he would do is "conspiracy tweets". For example, yesterday's tweet "Doge Barking at the Moon". That's all guys and just after 22 hours it reached its ATH price and currently trading around it.

If he keeps doing 5-10 more tweets every other week then I don't know DOGE could be surfing around 1-2 dollars easily. This is crazy economy I have ever seen in my life.   

Are you DOGE holder?

There have been some insane growth in Dogecoin from past year but from the past week it has gained more than 113% and now currently trading at $0.36.The mastermind behind these insane pumps is Elon Musk who visualize to colonize Mars by 2024 and make Doge it's official digital coin.He simply tweets about it and rest work is done my market force of demand and supply.A coin started merely as joke is now at position 7th on CMC with maket cap of $41 billion really?They have not done any upgradations in the coin from past two years and still it has managed to reach that position.The billionaire investor Mark Cuban also stated that "I will not sell single Dogecoin ".

Just have a look at the growth chart of Doge on CoinMarketCap:



Elon has started to tweet about Dogecoin from the past year and you can clearly see how much Dogecoin have pumped from 2021 and each time he has tweeted the prices have increased drastically.

So you can say that these influential rich people can easily manipulate the market according to their own interest and gain profits from that and then they also try to create dump situation after cashing out their profits.Elon might also be holding good amount of dogecoins secretly. Don't blindly invest in any coin under the influence of others which might cause you loss in the end.

[Papsie]

Yes Elon Musk is the richest man alive but I don't think that being rich is the main reason why many people are getting influenced by him. Elon a highly intelligent and resourceful person, he is not just famous because of his money and power but also because of his works and ideas from the past that contributed a lot to our current generation. Like me, I follow Elon Musk not because he is the richest man but because of his ability to think deeply and critically and he knows the potential of someone or something

[konflikkastil]

I think this whole tweet thing about Doge begins from months  backs when Elon Musk first tweet about it. I was lucky to see the news after few days. And the Doge coin I have in my wallet then had appreciate to almost 100%. That was when I made my research to know what has happened. Thinking about what a major tweet can do, the power of an influencial person. The power of just one man. One thing I know about this man called Elon Musk is a major limestone he has achieve some much in life and an opinion from him can give a major boost. I'm very lucky to be one of the holder of Doge.

[Altcoinsintel]

For what this worth, my two cents are that Doge is a disaster for anyone investing for long term right now. If you don't sell and keep hodl you will lose all your money.
Just this, and now the second part. I will be investing in Doge once again probably next year. When it will be worthless again, because this is Doge, it pumps and dumps.

[Kasabus]

At the moment its' hot, but in the long run, I guess it will drop because it's overvalued due to hype.

This belongs to the so called "manipulation" in the crypto space and it only happen because there are still lots of investors who lack of knowledge who join the space, a typical example of FOMO but after the FOMO, you know what would happen already.

Right now we have a lot of DOGE lover, but sooner they'll turn into hater.

[int03h]

I shorted and burned out my account last night. I kept thinking that the only Bitcoin was the king of cryptocurrencies until I saw Dogecoin's rise in price. I don't know how many Dogecoin Elon Musk bought, but every time he tweeted about Dogecoin, the value of Dogecoin increased unbelievably. I wonder can I place my short order now?

[ipanks]

Yes, I am a Doge holder from a long time ago, and I already sold many Dogecoin

I still waiting for the next high price (if Dogecoin can do that) but if the price can not increase more, I will not have a problem because I already take a big profit. Dogecoin is a hidden gem that makes many people happy today because it can sell at a high price, even higher than the last ATH.