What happens to $DOGE after Elon Musk bought Twitter?

[FMCPAY_GLOBAL]

The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Thanks to Elon Musk, the crypto market is brought back again.

[Teraboy]

The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Since he was bitcoin and dogecoin holders and it seems like that if everything was going back again to green candle. This news has a very big impact to the market for sure. We can see how loyal elon musk become a doge coin supporters.
It seems like that if the new trend will continue as twitter will become a friendly place for the cryptocurrency users. I hope that if this will become a new journey for crypto and whole of people in the crypto space.
Elon was doing the right thing despite so many comments from the haters

[Tony116]

The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Thanks to Elon Musk, the crypto market is brought back again.

The market is green again thanks to this news, glad he is one of the crypto lovers. He used to complain about Twitter's freedom of speech and now we hope that after owning it he will improve the freedom of speech of this social network. It would be crazier if he reopened former President Trump's account.

Elon had the idea of accepting crypto in Twitter ad payments and if it is doge then I think doge price will have new ATH soon this year and the market will have more positive flourishes.

[$anounimus$]

In general, the cryptocurrency market has been under pressure since late last year and its valuation continues to fluctuate. I think Two Thumbs Up to Elon Musk for his move, or rather his idea of taking advantage of the atmosphere on Twitter by spending money on it. Naturally, this type of investment will not have a long-term effect, but it does generate a lot of power for cryptocurrencies in general, and DOGE in particular. This may also have the indirect effect of creating more opportunities for DOGE in the future.

[Vatimins]

     To be honest, I don't trust this pump just yet. A few scalps should still be good though but not that much. I am still looking at some indicators for longer timeframes so I can confirm for myself whether we are now bound for more upside or this is just another fake breakout. But yes, you just cannot deny that Elon once again influenced that market. Although not that much compared to the past, it is still quite good considering the current market conditions. I am pretty curious though as to what his future plans are for twitter and for doge. I gotta admit, I am very interested.

[sunsilk]

The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Thanks to Elon Musk, the crypto market is brought back again.

Don't relate always anything Elon does with Dogecoin.

But let's just say that there's the pump in line with it then thanks to him. Still, I wouldn't call it anything related to what he does. The market alone is separated to any other tech news unless there's a direct relation to it like a demand or added market cap.

Elon's influence is great and that's why even it's not all about crypto, anything he does are being connected by people who relies on him.

[Anguwa]

The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Thanks to Elon Musk, the crypto market is brought back again.

Elon Musk is a very good businessman who has the potential to influence the crypto market because he owns many crypto coins, he purchased Twitter social media, and I believe Twitter is one of the best social media platforms that talks a lot about cryptocurrency, as well as the best place to advertise and attract more crypto investors. Elon will undoubtedly come up with another method to make Twitter a better place than it was before, and I am confident that the crypto market will soon find its equilibrium.

[rozak]

I think it's just a coincidence that the momentum coincides. I don't see any relationship between the Twitter platform and Dogecoin or the crypto market. But we don't know-how in the future, Twitter with its new owner will turn into a social media platform or will move to the development of metaverse technology. we'll see what will be a surprise for all of us from Elon.

[nimogsm]

Doge fans are trying to see this as a victory.If Twitter had worked directly with doge, the price would have already flown to the moon,but as we can see, Elon does not care at the moment,since the purchase was very expensive and now it's not a joke.I think he bought this service for other purposes but not for the promotion of doge.

[yayayo]

Actually no idea but I was wondering what are the plans of Musk in Twitter maybe he could do something that we could use Dogecoin in Twitter? as what I see in the market there's no any big movements yet in Dogecoin but it is better to have some in my pocket. Since we are not sure what will going to happen.

ya.ya.yo!

[Faisal2202]

I don't think that, market is in bullish trend now just due to Elon Musk, this bearish trend on 25 is must, my and my squad has already predicted about it, that's why we saved from this dip, and pick some profit. Elon's involvement in crypto is not good for any of us, because if the control of bearishness and bullishness is under a person who uses it for its own purposes than this is not fair, crypto means to be defi, community driven, not one man driven

[ElmedoRator]

I am looking at the problem of the market conditions being subject to too much navigational news. Personally, I am very skeptical about the short term future coming when we could see something important related to the market. interest rates that the Fed will impose. If things don't go well, then I think the mass market scenario will be down, not excluding crypto. Anyway, those of us will always have a more positive view of the new entrant market.

[jrrsparkles]

I don't understand what is the point of relating the Doge price jump with the Elon buying Twitter? It is relatable if twitter shares spikes but Doge isn't a part of nothing but still people reacting to what Elon Musk is doing then its really not good for the future of cryptocurrencies so be ready for the dump at anytime because Elon has the habit of changing his decisions in quick time.

[LogitechMouse]

Why many are relating DOGE with the acquisition of Musk on Twitter?
Is it because Musk hyped DOGE a few years ago and now they are connecting it to him again.

Well, some are saying that DOGE might be used as a tipping tool in Twitter since it already is a private company and anything Elon wants to add on it will be added. In the end, this is just a rumor and there are no signs that he will do it. Right now, there are no correlation between DOGE and Musk buying twitter though DOGE's priced jumped by at least 20% just this day. .

[FairUser]

Now every time there is some positive news that Elon Musk creates, we are navigating the thinking related to crypto and especially Dogecoin, I can see some views on some of my friends in this market when Elon Musk has a tool like Twitter he will be able to shill whatever he wants, but I laughed when I saw how things are going Elon Musk got Twitter and Doge up price, what complicated formula is that

[Taskford]

The cryptocurrency market fell under pressure in the early trading hours on April 25, but a brief spurt of bullish price action sparked after media headlines announced that Elon Musk had reached a deal to purchase Twitter for $44 billion. Right after Elon Musk bought Twitter, DOGE set up a green column of +20%. Not only DOGE but BTC also recovered quickly back to the $40k7 area, making the whole market prosper this morning.

Thanks to Elon Musk, the crypto market is brought back again.

For what action made by Elon lately provably this buying the twitter might give a hype on the coins he supporting on since many will speculate that there are good things that may happen and he will use this platform to influwnce more people on what he likes.  I don't know if he's the reason of little pump but still iits good if many people will really give some impression on it maybe this will give somethinv to make the price of dogecoin to pump.

[Questat]

https://www.wsj.com/livecoverage/twitter-elon-musk-latest-news

Now that Twitter has been acquired by EM, I was then started to think about manipulations on the said platform and think about how this become reliable.
I'm not going to give concerned about Doge's performance after this as surely EM will still backup this project no matter what will happen. Or what if he uses the platform to spread more and hyped Doge. That certainly brings an advantage to him.

[asriloni]

It seems like that pump was happening at the same time once the big announcement was coming about elon bought tesla. It's too early to predict what happened with the doge coin in the future but is not it the main intention from elon to buy twitter caused by the freedom of speech? I think that doge coin was getting an impact caused by the correlation with the elon as the holders.I don't see any interesting news came to the doge coin and this may correlated with the announcement from twitter about the buy from the elon to the all shares of twitter.
I don't know whether this is a huge or common news but doge army was so glad with the decision that already taken by elon.

[Thenoss]

Twitter bought by elon musk buddy.previously we know that Twitter announced about tipping system. Now doge can be used for tip and for that doge usecase increasing.

So no doubt about doge amazing future.

[JeffBrad12]

the answer is still remain unknown and none know what will be doing by elon with doge coin after his decision to bought twitter. So many speculations happened with the doge coin as elon's favourite coin. The bounce is only temporary but it seems the bearish trend is still leading the way for crypto to go down again. I will expect doge coin will be following the trend after this short term hype news impact will be gone very soon. Bitcoin is showing a temporary bounce while the condition still remain bearish.
We will not see any news from elon about doge coin and twitter soon. Stock was still showing very bad sign due to the various reasons.