Dogecoin Jumps 22% as Elon Musk Hints at Improving Network’s Transaction Efficie

[mindrust]

I think Elon Musk is a Government agent trying to take crypto down. He doesn't give a flying fuck about bitcoin, doge or any other crypto. I am not even sure if he really cares about his own company Tesla neither. Might be that he is just a face for the deep state.

And now the muppet has just bored of this play and going full Joker on everybody.

Acting this extreme lately I wouldn't be surprised if something happened to him.

[slaman29]

I think one of the guys, Billy whatever, he's been active again since last year's Tiktok hype and he's been giving a lot of interviews and even responding to Elon himself on Twitter. Guess that's the developer he's talking about. Elon thinks this is so technical though, it's nothing like that in crypto;)

[virtualdn]

I think Elon must is a Government agent trying to take crypto down. He doesn't give a flying fuck about bitcoin, doge or any other crypto. I am not even sure if he really cares about his own company Tesla neither. Might be that he is just a face for the deep state.

And now the muppet has just bored of this play and going full Joker on everybody.

Acting this extreme lately I wouldn't be surprised if something happened to him.

Correct he is a part of the elite and who knows what others are telling him to do, he may be just a puppet acting according to other's orders. Poor guy, he's a billionaire but what's the use. It's not all about the money in the end.

[Ararbermas]

Elon Musk again! What will Elon Musk do next? I think if you follow him closely, you will make some money anyway. hahaha

https://www.coindesk.com/dogecoin-elon-musk-tesla-transaction-efficiency

yes of course but for me seems not good at all when it comes longterm because there's a high possibility it will turn down again such what happened recently with dogecoin because of some sort of issue around the internet from elon's .  Right now there are some FOMO but soon when it shows a negative result for sure panic selling will happen again.. Too good to be true.. This doge is good only for short term.

[Fesatmas]

I think the outcome of the discussion between Elon and Dev DogeCoin will be hot news. Obviously the latter will be even more tense when Vitalik does not accept Elon choice, there is a good enough potential to be exploited by other parties such as the DeFi project which rises and changes market prices. We have seen the YFI Token exceed the current Bitcoin price easily in a flash. So there is a possibility that after the friction of the two figures above, we will get a new impact from the problem. time for DeFi to mediate.

[trauchot]

Elon Musk still cannot stop and still advertises Dogecoin and this is certainly good for those who invest in Dogecoin, since when Elon Musk writes something about Dogecoin, in same time Dogecoin price immediately starts to rise, but for Elon Musk all these Dogecoin advertisements can again bring problems as it was recently with the SEC and therefore he should stop doing this, but he still continues to find new troubles and if SEC will want they will again give new troubles to Elon Musk.

[acener]

So people are still falling at his words and creating FOMO.
This is a good one to watch people would surely cry again and troll his post when the Dogecoin drops down again.
Anyways congratulations on those who had bought Doge at it's lowest price before the tweet you could already take your profit or wait for more.

[covfefe_]

The coin is soaring again and as bitcoin balances itself from the refusal from Tesla, the crypto market is again in bullish mode. And with Musk promoting Dogecoin through his rocket and commitment to work in making it greener, there's no reason for Dogecoin to fall. It would easily go over $1 within some months. Meanwhile other alts and bitcoin is also largely bought and held which may make them boost as well.

[higherdimensionalobject]

Meanwhile, U.S. cryptocurrency exchange Coinbase announced it would be adding DOGE to its suite of crypto offerings in six to eight weeks, likely due to client demand as has been the case with other major exchanges.

[Golftech]

Elon Musk again! What will Elon Musk do next? I think if you follow him closely, you will make some money anyway. hahaha

https://www.coindesk.com/dogecoin-elon-musk-tesla-transaction-efficiency

yes of course but for me seems not good at all when it comes longterm because there's a high possibility it will turn down again such what happened recently with dogecoin because of some sort of issue around the internet from elon's .  Right now there are some FOMO but soon when it shows a negative result for sure panic selling will happen again.. Too good to be true.. This doge is good only for short term.

The only thing there is knowing the timing and understand the sentiments, Elon Musk is really moving this coin

and all those who are working behind him are really aiming to earn from each post that he's writing, thinking that

money will be easy flowing once he make his statement. be wise and play wisely, shorting really appropriate with

with this asset.

[Stevcummings]

I think Elon must is a Government agent trying to take crypto down. He doesn't give a flying fuck about bitcoin, doge or any other crypto. I am not even sure if he really cares about his own company Tesla neither. Might be that he is just a face for the deep state.

And now the muppet has just bored of this play and going full Joker on everybody.

Acting this extreme lately I wouldn't be surprised if something happened to him.

Correct he is a part of the elite and who knows what others are telling him to do, he may be just a puppet acting according to other's orders. Poor guy, he's a billionaire but what's the use. It's not all about the money in the end.

Demand and supply is also one of the factors that influences the price. Bearish news will trigger sell off and bullish news will trigger buying. It is the community (traders) that control and determine the price, whatever happens in the market not Elon musk.

[capcaypro]

there could be a spike that is crazier than before as followers start claiming that the doge will hit $ 1 in recent weeks. maybe like that we can get benefits if we join there but for the long term I don't think this is promising the risk is too heavy with manipulation like this if we are not observant and can't take advantage of momentum properly, instead of profits instead of losses.

[jaberwock]

Elon Musk again! What will Elon Musk do next? I think if you follow him closely, you will make some money anyway. hahaha

https://www.coindesk.com/dogecoin-elon-musk-tesla-transaction-efficiency

Honestly even though dogecoin is increasing, we are talking about 53-54 cents which was 71+ cents just recently. So, I could easily say that the SNL thing was the problem, no idea why it was a problem, he went on national TV and talked about dogecoin and that seems like a good marketing for a coin that went up just with a tweet, it should have gone up even more with SNL, some reason it didn't Ever since this whole thing started I have constantly say that I dislike it, I never liked dogecoin aside from the funny aspect, never seen it as financially viable option to buy (big mistake as it turns out) and I will not do the same mistake, maybe buying from here is a good idea, who knows.

However I am certain that it is reaching to levels where even Elon can't make it go higher, not now of course, he can still make it 1+ dollars, but I do not think he can do any further.

[higherdimensionalobject]

Data from BitInfoCharts as of May 4, 2021 indicates that approximately 2,866 DOGE portfolios are valued at $ 1 million or more each – up from 1,321 from April 23. As of May 14th, 2021 that number has increased to 4,153. It’s not a meme-based crypto. It was a joke to make fun of bitcoin which also was a joke at the time. Neither of which are jokes now.

[AmoreJaz]

Elon Musk again! What will Elon Musk do next? I think if you follow him closely, you will make some money anyway. hahaha

https://www.coindesk.com/dogecoin-elon-musk-tesla-transaction-efficiency

Honestly even though dogecoin is increasing, we are talking about 53-54 cents which was 71+ cents just recently. So, I could easily say that the SNL thing was the problem, no idea why it was a problem, he went on national TV and talked about dogecoin and that seems like a good marketing for a coin that went up just with a tweet, it should have gone up even more with SNL, some reason it didn't Ever since this whole thing started I have constantly say that I dislike it, I never liked dogecoin aside from the funny aspect, never seen it as financially viable option to buy (big mistake as it turns out) and I will not do the same mistake, maybe buying from here is a good idea, who knows.

However I am certain that it is reaching to levels where even Elon can't make it go higher, not now of course, he can still make it 1+ dollars, but I do not think he can do any further.

it seems that Elon is pretty serious in advancing the developments for doge. now that he announced about suspending the acceptance of bitcoin in Tesla. maybe, he is targeting doge as alternative option for bitcoin. his influence in doge market is really obvious and right now, he is somewhat establishing the use case of doge in the market. people are claiming it has no use case, just a meme coin. but it may turn to be a valuable alt in the payment sector owed to elon musk. so yeah, $1 maybe is the next target here.
and right now, doge is getting expensive in terms of withdrawal fees in exchanges, like for example, paying 20doge as withdrawal fee which is about $10 with the current rate. i hope this will improve if Elon's team will indeed address the tx effiiency.

[ecnalubma]

What a hypocrite, CZ of Binance already unfollowed him on twitter for his manipulative and spreading fud behaviour. Don’t expect much about Elon, he is a disaster in crypto space and people should stop believing in him not unless they like his twist and turn.

[Shasha80]

there could be a spike that is crazier than before as followers start claiming that the doge will hit $ 1 in recent weeks. maybe like that we can get benefits if we join there but for the long term I don't think this is promising the risk is too heavy with manipulation like this if we are not observant and can't take advantage of momentum properly, instead of profits instead of losses.

If we are planning a long-term investment in Dogecoin it is very risky, and it is not very promising to invest in meme coins that do not have
strong fundamentals. So Dogecoin is indeed a lot of manipulation by Elon Musk, we can indeed take advantage of what happened to Dogecoin,
but only in the short term. After successfully getting a profit from Dogecoin, we should immediately take profit and get out of the market.

[tabas]

Elon Musk again! What will Elon Musk do next? I think if you follow him closely, you will make some money anyway. hahaha

https://www.coindesk.com/dogecoin-elon-musk-tesla-transaction-efficiency

I'm following the news and his tweets but I don't follow the advise that he gives. It's just for the sake of his choice and even I'm not making money with what he does.
I'm still on his day to day tweets. And with such tweets, it's always expected that there's always a movement, drop or rise whenever he says positive or negative about doge or bitcoin or the entire crypto market.

[el kaka22]

Well it might be really nice for some people now as they are able to make profit from the price manipulation. But I think it's very bad. Yes, although I can't really tell whether he's the one that's behind all that as people do say, because I don't follow up with things that are happening in the dogecoin community and I don't invest in it (I'm considering investing there though), but it's very bad if one man can be manipulating the whole community/market easily like that. It's not good.

That means he can just do anything at any time to make profit and cause others to lose. That is one of the reasons why I like Bitcoin because no one can come out and easily manipulate the market because it's already really huge. But all these small coins like dogecoin can be manipulated by rich guys.

[warg2017]

Haha, it sounds like Elon Musk is a philanthropist, but please think twice, he is a capitalist, not charitarian.
If keep listen to his word, i think you will lose your money sooner or later.