Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter

[TimeTeller]

It is simply not realistic, pro users know the speculation is at its finest levels on social media. Elon Musk keeps pumping the altcoin bags with meme coins just for fun and we have no power to influence his decisions in this manner. The influencers should stop shilling the meme altcoins with HYPE news and it is simply not possible to 100% integrate meme shitcoins for everyday use as it was promoted on social media.

It is now on the users' hands how they will take such hype or pump from influential people like Musk.
They should know better touching meme coins or tokens by now.
As we don't know the ulterior motive of Musk towards doge or other coins, people are being left with opinions only.
If you want more tangible action, better look for projects with concrete use case and development plans.

[Scripture]

It is simply not realistic, pro users know the speculation is at its finest levels on social media. Elon Musk keeps pumping the altcoin bags with meme coins just for fun and we have no power to influence his decisions in this manner. The influencers should stop shilling the meme altcoins with HYPE news and it is simply not possible to 100% integrate meme shitcoins for everyday use as it was promoted on social media.

If there’s a money, influencers will always choose that even if they didn’t know the whole project itself. We all know meme tokens has no real usage here in the market and yet they get pumped simply because of the hype. 10% up is not that significant, don’t make a big deal so you wont trap on the peak price again.

[bocyaj]

The dogecoi developers should look into the marketing strategy.Mainly they need to done a digital marketing by the mean of all the social media.Because now people buying crypto by seeing the posts on Facebook,Twitter,Discord.The maximum pump in the doge coin was occurred in the year of Elon musk had marketing this.Don’t know,he is share holder of that project.

[ivankoh]

I don't think there is any connection to this.  In fact, the market is almost going through the optimistic phase, it is almost in the holding, consolidating and starting phase of the next trend… Therefore I don't think this will have any impact, not at all is with the price factors of the coin meme - Doge.  Assuming Doge will be integrated and become parallel wings with bitcoin on twitter, that is not a consistency from value

[nimogsm]

I think this is another toy for Ilan, I wouldn't take this news seriously, besides, I don't think that doge will grow now just because of this purchase.Doge developers should be engaged in marketing so that there would be a growth of this coin, Elon will not do it all the time.

[barbara44]

I don't think there is any connection to this.  In fact, the market is almost going through the optimistic phase, it is almost in the holding, consolidating and starting phase of the next trend… Therefore I don't think this will have any impact, not at all is with the price factors of the coin meme - Doge.  Assuming Doge will be integrated and become parallel wings with bitcoin on twitter, that is not a consistency from value

I was going to say the same thing. How is this connected to doge? It was twitter that musk invested not doge coin. Market is ready for a bull run, that's only the reason why we see most coins rise but earlier the market is going back down again.

I don't know what causes it when in fact there are more good news in bitcoin and in cryptos that we heard lately. The price should go up even more for Christ sake but oh well, maybe the effects is just delayed? Maybe we need a few more days or week before the effect starts to kick in. In the meantime, it's still safe to accumulate more coins in preparation for the upcoming big bull run.

[Ararbermas]

but Dumped back again as crypto people already Knew that it is another style of Elon to Bump and manipulate the coin so people don't wanna wait long instead will take profit instantly .

https://coinmarketcap.com/currencies/dogecoin/

Look at it now, 5% remaining increase and still dumping lol.

If i were you all, never trust Elon for your funds because with so much happening ? you will only end up losing more than to gain.

i wouldn't be surprised why its happening right now after all, since that meme coins is for hype only ever since before.
and to be honest it's too hard to believe that elon musk will have an interest to bump such projects for long time because it's very obvious that his goal is to get benefits always from the hype which is not for his followers to become profitable. So it will not last long for sure!

[bluebit25]

It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

[Cling18]

It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

Elon still wants entitlement and attention in the crypto world that's why he's still trying to tweet statements just to manipulate the Doge coin. He's hyping the coin for his own benefit and he's been doing it to make more money so we should get rid of his tweets and ignore his statements. We've witnessed what he did to Doge before so we should better take that as a lesson.

[poodle63]

Nothing special with this news and i think that the pump caused by the bulltrend that was happening with bitcoin. So, after elon was revealing how many doge coin owned by him and this time it gives nothing to the doge coin. This pump is not even happening for long term and a few days later the price dumped back again to the price before it was getting pumped. I think that people are being too optimistic with any news that came from elon while it's not always a big news.
that's why i do like how shiba community is better than doge coin. The doge coin is only using the hype from elon while it has no utility and that's quite different with shiba.

[Xal0lex]

Nothing special with this news and i think that the pump caused by the bulltrend that was happening with bitcoin. So, after elon was revealing how many doge coin owned by him and this time it gives nothing to the doge coin. This pump is not even happening for long term and a few days later the price dumped back again to the price before it was getting pumped. I think that people are being too optimistic with any news that came from elon while it's not always a big news.
that's why i do like how shiba community is better than doge coin. The doge coin is only using the hype from elon while it has no utility and that's quite different with shiba.

Judging by the dynamics of the community response to tweets of Ilon Musk, people are beginning to gradually realize that all this is the usual market speculation and that the price of DOGE after approving statements of Ilon Musk does not hold at its increased values and begins to fall, and therefore begin to lose money all those who have believed in these speeches of Ilon Musk. The last 2 news well showed the true demand for these coins. The demand is not as high as the hype that Musk is trying to create around this coin and Tesla. In any case, the fate of DOGE is not particularly important to him, the main thing is Tesla and everything associated with it.

[judaspriest]

It's also not surprising that Elon Musk continues to tweet about it. Honestly, many still depend on this to make a profit in this space. Every time there is a tweet from Elon Musk, not only Dogecoin but also memecoins like Shiba benefit, but personally, I still want to advise newcomers to stay away from the hype.

Elon still wants entitlement and attention in the crypto world that's why he's still trying to tweet statements just to manipulate the Doge coin. He's hyping the coin for his own benefit and he's been doing it to make more money so we should get rid of his tweets and ignore his statements. We've witnessed what he did to Doge before so we should better take that as a lesson.

this is what I don't like about Elon Musk, I really respect his profile, because he is really someone who works hard,
but it's a shame since he was around and tweeted about Doge and Bitcoin as if the crypto market was in his hands, especially Doge,
do you remember when the price of Doge went up 1000% more that time? yes that's because Elon Musk made the first tweet about DOGE, and the price of Doge flew to the moon

[YinShuiSiYuan]

-

I do not understand where these DOGE price movements come from?! After all, the information about Musk's investment in Twitter has nothing to do with cryptocurrencies.
As far as I know, Musk never said he would ever invest in DOGE, so this type of price movement is totally unjustified to me.

[ItsCrafty]

It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

[justdimin]

It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

It is already down again. After the news, price went back to what it was during the march period already and doesn't look like it is any different from the general crypto market levels. Bitcoin is back to what it was and eth is too, and many others are too. Which is a proof that the spike we saw was a temporary one and nothing big.

If you really think that it was something a bit better, then you probably assumed crypto would do better as well. However, it was always clear to me that it wasn't a good thing and would never do well. Elon buying stake in Twitter has absolutely zero to do with doge, anyone who connected the dots, connected the wrong dots together.

[cryptoperkele]

I wonder how dogecoin reacts after Elon Musk finally acceps that doge is a pow coin and has to denounce it as he denounced bitcoin. Also it doesn't scale as well as he thinks and the rate of issuance is too high to be a store of value.

[Doell]

Elon is not serious about adopting more doge, if he is serious then the price will continue to be pumped as it should be because he has a lot of money. He only cares about his company and doge is not as important as what he says on twitter he cares so much about doge, when in reality he is someone who also wants to profit from crypto too.

[Naficopa]

It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.

[lornadane]

It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.

It's just a fake pump and  all investers will regret. memes coins trend gone now look for current trend which is gaming and Metaverse. Some Apy project fair launch also give their early investor 10x above. After successful launch of Safuu project many projects are launching with this idea and most of them are being successful.

Agree this is a regular price pump, but I don't think this is the end of meme coins. Dogecoin is an example of the fact that there is a place for meme coins on the cryptocurrency market. Of course, a lot depends on the creativity of its creators and marketing budget, but in my opinion, in this year we will see more than one pump of new meme coin. I think that the most you can earn from the newest.

Yes I also think that this is not the end of the coin meme story because even though Dogecoin is memecoin it is different from other memecoins.
He rose from a price that was not worth so many years until now he has a price I don't
Think it will be easy to return to the previous price.

[sovie]

Elon is not serious about adopting more doge, if he is serious then the price will continue to be pumped as it should be because he has a lot of money. He only cares about his company and doge is not as important as what he says on twitter he cares so much about doge, when in reality he is someone who also wants to profit from crypto too.

If Elon Musk didn't care about Dogecoin price, his tweets would never have anything to do with this project. I don't understand what the buyout of Twitter shares has to do with DOGE, but a 10% increase means it has to have something to do with it. I think meme coins will start pumping again this year.