What is Elon Musk's goal with Dogecoin?

[kak uli]

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.

a conglomerate like elon musk, he doesn't think much about the progress and development of crypto, what he thinks by glorifying doge coin is for the profit that can be earned by him, in my opinion he is looking for profit in cryptocurrency through dogecoin.

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[rodskee]

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.

a conglomerate like elon musk, he doesn't think much about the progress and development of crypto, what he thinks by glorifying doge coin is for the profit that can be earned by him, in my opinion he is looking for profit in cryptocurrency through dogecoin.

All of us are looking for profit mate and don't be hypocrite pretending that you truly here for technology because that is only second to the earning , So what does Elon Musk differ from everyone ?
the only problem with this man is that he is manipulating the market and making it looks like funny thing.
But i doubt that His intention to Dogecoin is for the progress and the development because surely he will dump this one once he got what he wanted to achieve .

[dota2bestplayer]

Dogecoin is in a state of unattended, but it has a mass base and a good community culture. It is not difficult to support it. It is deployed in advance, held in large quantities, sold in batches, or does not intend to make a profit now.

[onecall123]

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.

a conglomerate like elon musk, he doesn't think much about the progress and development of crypto, what he thinks by glorifying doge coin is for the profit that can be earned by him, in my opinion he is looking for profit in cryptocurrency through dogecoin.

All of us are looking for profit mate and don't be hypocrite pretending that you truly here for technology because that is only second to the earning , So what does Elon Musk differ from everyone ?
the only problem with this man is that he is manipulating the market and making it looks like funny thing.
But i doubt that His intention to Dogecoin is for the progress and the development because surely he will dump this one once he got what he wanted to achieve .

You are straightforward with your answer. If Elon Musk tweets about doge it goes up, that's OK but at the same time he is manipulating the market thus a major quantities of his supporters began to shame him. Its not about tweet, he have insider to play. Elon isn't what the vast majority think he will be, he has business mind.

[HenryJack2021]

 Elon is like helping everyone by introducing them to the crypto world and whether you like it or not it's working and people are buying dogecoin. You can also visit my site for more information.

[KaliLinux]

Elon is like helping everyone by introducing them to the crypto world and whether you like it or not it's working and people are buying dogecoin. You can also visit my site for more information.

And who are the everyone? you mean the naive ones that don't understand that following Elon in this escapade will leave them burned. Until these people, you are talking about finally understand that Elon will always do what is best for him, and whatever that is, including manipulating the market to his own gains people will lose money investing blindly because Elon musk said what.   

[tersek]

I feel that Elon Musk is just toying with the cryptocurrency market. Because if he is serious, then he will not tweet things that discredit the crypto market especially bitcoin. Moreover, he has not done anything for the development of the crypto market, in contrast to the Twitter CEO who has been trying to develop blockchain technology.

[Argoo]

Obviously Elon Musk wants to profit from Dogecoin, no doubt about it.I guess he bought Dogecoin, and he bought a lot of it, which is why he was happy to do the publicity for Dogecoin.
After the end of the bull market, his holdings of Dogecoin should also be all have selled, he will not tweet any of the Doge thing again.

Elon Musk is one of the richest people on this planet. He sometimes earns several billion dollars a day. However, will he still strive to earn a few dollars on Dogecoin? He just flatters his pride with this, or maybe he is experimenting with this market. In any case, in this way he increases his popularity.

[Rampagoe004]

If we look at the wealth he has today of course playing in the crypto world is just a momentary sensation that he wants to enjoy, and this has happened so that it can affect the value of bitcoin and doge coins that have been tweeted in the past month, and I believe Elon Musk's biggest goal is to promote his company so that it can make transactions using bitcoin ,and this only lasts a moment.

[liqidoxgen]

Elon Musk is an ordinary businessman who makes money whenever possible. Therefore, for him there is no difference from what to get the benefit: from space exploration or from empty fantasies on the topic of crypto Dogs. Especially when someone believes that there is a hidden meaning in their tweets and they start madly buying useless tokens.

[junkerr]

I believe that Elon is using his influence to profit from DOGE. DOGE, which many people regard as a meme token, became sensational after Elon tweeted, and he also admitted that he holds DOGE so in my opinion, clearly his motive is to make short-term profit.

I agree with your thinking. I believe there are only a few definite goals to profit from Dogecoin. and the consideration is because of the strong market and community of Dogecoin.
although the price used to be very cheap, but Elon saw how strong the Dogecoin market and community were. It makes Elon very interested in leading the market of Dogecoin with the power of his followers.

[Tigerheart3026]

i can't find any reason to promote doge coin like this without his own interest. i think in many ways he trying to attract investors if example: accept doge to buy tesla.

btw i don’t know clearly which is the final goal with doge coin btw investors will suffering losses.

[GatotKaca]

i can't find any reason to promote doge coin like this without his own interest. i think in many ways he trying to attract investors if example: accept doge to buy tesla.

btw i don’t know clearly which is the final goal with doge coin btw investors will suffering losses.

because there really is no publication for the reason Elon did all that.
why dogecoin? whereas we can see many altcoins that are also potential for Elon to support.
no one is sure to know. but I'm sure there's something Elon is chasing from the dogecoin market. and of course, it's for the benefit of him or his company.

[Saidasun]

i can't find any reason to promote doge coin like this without his own interest. i think in many ways he trying to attract investors if example: accept doge to buy tesla.

btw i don’t know clearly which is the final goal with doge coin btw investors will suffering losses.

because there really is no publication for the reason Elon did all that.
why dogecoin? whereas we can see many altcoins that are also potential for Elon to support.
no one is sure to know. but I'm sure there's something Elon is chasing from the dogecoin market. and of course, it's for the benefit of him or his company.

He picked doge as it was the original meme coin and its worthless he is just trolling and everyone believed that doge actually was going to be successful just because Elon said it.

[bison]

the logic is like this, meme coins that have minimal benefits will not be promoted by someone who has millions of followers for no reason, surely he wants big profits by playing coins that are relatively weak in terms of function.

I also think so, he only thinks about his own profit because if he really wants to advance crypto he will definitely choose another coin that has a big market capitalist and strong resilience, with clear benefits, not through meme coins that are minimal with benefits.

[fileo]

Elon is genuine person and so smart. He's a kind of person to make impossible things for normal people into possible. Dogecoin performed crazy increase unexpectedly. In my opinion, I don't know he's target because he is the only one who knows all his goal for Doge.

[tygeade]

I believe that Elon is using his influence to profit from DOGE. DOGE, which many people regard as a meme token, became sensational after Elon tweeted, and he also admitted that he holds DOGE so in my opinion, clearly his motive is to make short-term profit.

I agree with your thinking. I believe there are only a few definite goals to profit from Dogecoin. and the consideration is because of the strong market and community of Dogecoin.
although the price used to be very cheap, but Elon saw how strong the Dogecoin market and community were. It makes Elon very interested in leading the market of Dogecoin with the power of his followers.

This is a guy who is the second richest man on earth, do you really think that his investment into doge is so big that it will change his life if he could make profit from it? I am sure even if doge ever becomes 10 dollars each, the money he makes will not change his life, dude already has 160+ billion dollars, how much do you think he invested into doge that he would care about his profit? Even if he invested 1 billion dollars and turns that into 20 billion dollars, that is just change in the market for him, dude didn't worth even 100 billion before any of this pandemic and increases on tesla, and now he worths over 160 billion, so we know he will worth more and more in the future as well.

I assume that the best way to understand what he wants is to realize this is a manchild and he just wants a toy to himself, and doge became a toy he has that he could influence, that is all there is to it if you ask me.

[kenelmark]

Elon is genuine person and so smart. He's a kind of person to make impossible things for normal people into possible. Dogecoin performed crazy increase unexpectedly. In my opinion, I don't know he's target because he is the only one who knows all his goal for Doge.

Elon Musk's real goal may not be for Dogecoin, because he also has his own company and several new jobs through the business he has built, so his main target is to advance his own business and company in this world because he already has enough popularity for himself, and here I am think very logical.

[aylabadia05]

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.

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.

[domoy77]

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.