What happens to $DOGE after Elon Musk bought Twitter?

[adzino]

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.

I don't think he has bought twitter yet. A deal was made and likely to be completed. Since Elon shows support for doge coin, people are expecting that he will do something with doge and twitter. Twitter was supposed to allow users to tip using crypto currencies. So people are speculating that Elon will add doge as a method for tipping. After all, doge used to  be a tipping coin in the community. Now people are FOMOing into dogecoin causing the price to go up.

[maydna]

You know what happened to Doge after Elon bought Twitter. The price of Dogecoin can jump higher, but I am not sure if that is the real reason for the Dogecoin price increase. Perhaps, there will be another thing that causes the price increase, and we don't know what it is. While bitcoin seems not to increase, I think we can see the market gets another correction this week, and Dogecoin can go down again. But if bitcoin can lift the price back to $41k, that will be a good way for Dogecoin and all coins to raise the price.

[masterrex]

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.

IMO, I believe its because Elon Musk is a big crypto influencer, and we know that the micro blogging site Twitter has mean a lot in the crypto industry as one of the most widely used social media platform by the crypto community so I think that's the very reason why the market has been temporarily jump at this certain level as today meaning the investors are bullish and positive about this Twitter buyout. 

[Coyster]

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

I think quite a lot of investors have been buying Doge from when the rumors started making the rounds till this time that there is now an official statement on the whole matter, i think people believe Doge will pump right after Elon purchases Twitter, it could, or not. But my point is that it is a bad investment strategy to go with when you decide to buy a coin whose pump is solely spearheaded by one man, a lot could go wrong, except you are prolly speculating with the coin for the short term; but if you are considering a long term speculation, then i would advise investors not to do that, a coin has to have an actual utility to be a long term project.

[Gayong88]

In my opinion Elon Musk is a Public figure, it's hard not to admire his genius while at the same time wondering if he doesn't get carried away sometimes. I think he helped popularize crypto and can help it reach a new level of adoption in that regard. Of course, with great power comes great responsibility, and Muska is also one of the smartest cookies in the money market. It will be interesting to see how DOGE plays out after Elon Musk bought Twitter.

[bitkanu]

Elon will not bring doge coin to the twitter but he will bring back trump to the twitter lol. How so many doge fans are thinking if this was a huge step for doge coin. Will this boost the usability for doge coin? No one can answer this for sure. Im sure that crypto will be dumped back again. I just so glad to see so many crypto communities become very solid caused by this news. They do believe if this will be changing anything in the future. So many meme tokens army are also watching what will be coming to the doge coin soon.
Can we speculate a big thing to happen with doge coin?

[KaliLinux]

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.

Well looks like this news boom of some of the crypto prices from the Elon Tweeter Buy was short-lived now because the Bitcoin price is has dropped to almost its lowest trading price yesterday of about $38.2k cos it is currently trading @ $38.4k I believe that the market will only recover after it fully run its natural correction course.

[BobK71]

The news could take the cryptocurrency world one step ahead. Elon Musk is a crypto lover. There is no way to denying his contribution. If he bought Twitter and opened a way for crypto payments here, people's trust and reliance on crypto would go to another level. If Musk allows Doge Coins to be used by Twitter for various payments, no one will be able to assume where will be the position of the coin.

[Frengki_cisco]

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.

If Elon Musk buys Twitter, I think Elon has new plans going forward with the growth of crypto especially Bitcoin, I believe this new game will start soon, whether he wants to create his own coin or is still sticking to Bitcoin and Doge, I'm sure there's something behind this twitter purchase.

[avikz]

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.

Well, those are short time speculation. Doesn't really mean anything! Elon Musk is definitely the most important billionaire who talks positive about bitcoin and cryptocurrency in general. So everyone is expecting that bitcoin or doge will probably make its way into twitter for various payments. But it's highly unlikely to happen.

It's for the same reason why Facebook's digital currency was never seen the daylight. Multiple countries have different set of rules and Twitter being a global platform, it's just not easy to bring in a standardized  crypto implementation. Think about it!

[kesmex]

The news could take the cryptocurrency world one step ahead. Elon Musk is a crypto lover. There is no way to denying his contribution. If he bought Twitter and opened a way for crypto payments here, people's trust and reliance on crypto would go to another level. If Musk allows Doge Coins to be used by Twitter for various payments, no one will be able to assume where will be the position of the coin.

It's not impossible that Elon Musk will actually allow dogecoin as payment on Twitter,
anyway we look forward to what Elon Musk will do after buying Twitter because I'm pretty sure he will bring something new to Twitter,
obviously this will be interesting to look forward to and we'll see later

[Bitstar_coin]

I think some time ago I read a similar topic about Elon Musk proposing to buy twitter and the @op mentioned that Elon is probably going to use the twitter platform to promote dogecoin, I guess this recent pump just demonstrate to us what's to come.

This could be just the beginning of multiple pumps to come, my only concern is what will be the faith of twitter, how will this change affect the overall usage of the platform, will there be a radical transformation and so on. You never can tell with Musk.

[Imran232]

<..........>

And now it's all in red. But yeah, I liked his courage to buy an entire social media platform by himself. And, yes, the dogecoin price is still determined by him and how he wishes to interact with the dogecoin market.  he spends a lot of money on buying Twitter and he uses his Tesla share on the bank to take a loan, so he has to pay the bank in return. To do this, he needs a profit. Now he might be dominating with several crypto coins and make a profit to pay the bank loan amount and keep safe his Tesla share. Now it all depends on his mind game. because we know he can play well with his mind. Now let's see what he will do with the cryto market.

[AmoreJaz]

I think some time ago I read a similar topic about Elon Musk proposing to buy twitter and the @op mentioned that Elon is probably going to use the twitter platform to promote dogecoin, I guess this recent pump just demonstrate to us what's to come.

This could be just the beginning of multiple pumps to come, my only concern is what will be the faith of twitter, how will this change affect the overall usage of the platform, will there be a radical transformation and so on. You never can tell with Musk.

more then likely, if elon will use twitter to his benefits over doge, he will surely include doge in this platform like payment or tipping currency. we don't know yet this early. but people seem to be buying doge because they are thinking that there's bright future ahead of this old meme coin. we will easily get what's up with doge because for sure elon will tweet about it. so let's wait and watch...

[Ever-young]

I don't think Elon musk has anything to do with the price of Bitcoin, Bitcoin most of the time it's price base on my own perspective and observation the press pump and dump happen with great sparkle. If you think Elon Musk Twitter was the reason behind the green market, what's currently happening now? The market has falling more than it was before.

[jeha2015]

You know what happened to Doge after Elon bought Twitter. The price of Dogecoin can jump higher, but I am not sure if that is the real reason for the Dogecoin price increase. Perhaps, there will be another thing that causes the price increase, and we don't know what it is. While bitcoin seems not to increase, I think we can see the market gets another correction this week, and Dogecoin can go down again. But if bitcoin can lift the price back to $41k, that will be a good way for Dogecoin and all coins to raise the price.

speculation that said doge will accepted in twitter as payment system stronger since rumor elon musk buying appear in market. and it is become true when there is official statement from elon musk it self. maybe one more tweet from elon about doge could be main trigger for doge back to last all time high. recently bitcoin drop to around $38 k and doge 0,139 , maybe the next leg could drive more bullish on doge

[Lagduf]

these memecoins, doge included always make market movement at the slightest gesture of elon musk so honestly I would be more surprised if these memecoins aren’t acting up when there are some big news occuring from elon recently.
I also think that it’s have something related with the fact that elon are so bullish with some of these meme coin that it’s almost predictable that elon just gonna implement some of these memecoins into their platform (twitter) altogether and maybe make some kind of tip using these memecoins.
I’d also think that in the future elon just gonna be implementing some of the NFT technology in the platform so just be prepared.

[uneng]

Elon Musk is constantly changing his mind regards crypto investments. Who knows if he is going to keep endorsing DOGE or if he is going to pick another altcoin for speculative purposes or even bitcoin once again? DOGE is a memecoin, therefore you should be cautious about it, because every influences around DOGE are fragile and temporary, as there isn't a solid purpose behind to adopt and push it up, besides the fact it's considered a funny joke.

Last time I heard, when Elon was just a share holder of Twitter, he suggested the platform should accept payments in bitcoin from advertisers. If this is still the main idea, I think we could start discussing what will be the impact of this new feature over bitcoin price and adoption.

[DeathAngel]

If you’re a DOGE investor you really need to hope for something other than relying on Elon Musk to keep DOGE alive & relevant. There just has to be more going for it than being a Musk troll pump coin. It will fail if it only pumps because of Musk.

[bittick]

that news has gone for sure. Market became even bearish than before the news getting published. The news like that can't counter the bearish market The hype was not around us again, that needs more than a miracle to make sure if market can bullish again. i think that this time if elon will not think about doge coin to be mixed with twitter. Remember when elon said that doge must become the global currency even mars currency. This guy full with a joke but consider he was billionaire and anything can happen.
Just wait and see what's gonna happening with doge coin. Doge coin is also dumping right now.